Score
Comoros
|
2-5 years
| https://bonnymarkets.com/
Website
Rating Index
LicensesNo valid regulatory information, please be aware of the risk!
Comoros
bonnymarkets.com United Kingdom| Aspect | Information |
| Company Name | Bonny Markets |
| Registered Country/Area | Montenegro |
| Founded Year | 2023 |
| Regulation | Unregulated |
| Services | Forex, Commodities, Indices, Shares, Metals |
| Leverage | Up to 1:500 |
| Trading Platform | Meta Trader 5, Web Trader-MT5 |
| Demo Account | Avalible |
| Minimum Deposit | $100 |
| Customer Support | Phone:+20 221 096 351;Email:info@bonnymarkets.com |
| Trading Tools | Economic calendar,Forex eligibility calculator,Forex profit calculator |
Bonny Markets, launched in 2023 and situated in Montenegro, operates as an unregulated investment entity offering a wide array of trading options, including stocks, futures, crude oil, gold, Bitcoin, and various fiat currencies.
The platform employs Meta Trader 5 for its trading activities and also provides a demo account for users to engage in risk-free trading practice. To aid in trading decisions, Bonny Markets offers several tools, such as an economic calendar, a Forex eligibility calculator, and a Forex profit calculator.
For customer inquiries and support, Bonny Markets can be contacted via phone at +20 221 096 351 or through email at info@bonnymarkets.com.
Bonny Markets operates as an unregulated investment platform. This status in Montenegro, where it is registered, indicates that Bonny Markets does not adhere to the stringent regulatory standards typically enforced by financial authorities to protect investors.
| Pros | Cons |
| 150+ trade instruments | Unregulated Status |
| 0$ Fee-Free Funding | may incur a financing/rollover charge if holding your positions overnight |
| Fast & Easy Application Process | $100 minimum deposit requirement |
| Popular trading platform MT5 offered | Newly eatablished without too much experience |
| Demo account available | |
| Bonuses offered | |
| Dedicated Specialists with personalized support | |
| Tight spreads and generous leverage up to 1:500 |
Bonny Markets presents a mixed bag of advantages and disadvantages for traders.
On the positive side, the platform boasts a wide range of over 150 trading instruments, a user-friendly application process, and the popular MT5 platform. Traders can also benefit from fee-free funding, competitive spreads, high leverage, and dedicated support. Additionally, the availability of demo accounts and bonuses can be attractive to both beginners and experienced traders.
However, the broker's unregulated status is a significant drawback, as it exposes clients to potential risks. Furthermore, the $100 minimum deposit requirement might be a barrier for some, and potential overnight financing charges should be considered.
| Product | Description | Leverage | Spreads |
| Forex | Trade 30+ currency pairs | Up to 1:500 | Starting from 0.0 pips |
| Commodities | Trade agricultural products and energies through spot and futures CFDs. | Up to 1:500 | Starting from 0.7 pips |
| Indices | Trade CFDs on popular Indices from around the world | Up to 1:500 | Starting from 0.4 pips |
| Shares | Trade CFDs on the shares of some the largest and most popular companies globally | Up to 1:20 | Starting from 0.2 pips |
| Metals | Trade CFDs on gold, silver, and copper | Up to 1:500 | Starting from 1.0 pips |
Opening an account with Bonny Markets is a streamlined process designed to quickly integrate new traders into the platform. Here's how you can get started in just three simple steps:
Step 1: Provide Your Information
Begin by visiting the Bonny Markets website and filling out the application form with your personal information and trading experience. This initial step ensures that your account setup is tailored to your specific needs and level of expertise.
Step 2: Deposit Funds
Once your information is submitted, the next step is to fund your account. Bonny Markets offers multiple deposit options for your convenience, including debit card, wire transfer, eCheck, or traditional check. Choose the method that best suits your preferences to make your initial deposit.
Step 3: Start Trading
After your account is approved and funded, you're all set to begin trading. Bonny Markets provides a versatile trading experience across multiple platforms, allowing you to trade on desktop, web, and mobile.
Traders who cooperate with Bonny Markets can use two platforms: MT5 and WebTrader.
Bonny Markets offers the MetaTrader 5 (MT5) platform. Traders can access a wide range of tools, including advanced charting, technical indicators, and expert advisors (EAs). Key benefits of using MT5 with Bonny Markets include ultra-tight spreads, high leverage, and negative balance protection.
The platform supports inter-account fund transfers, one-click trading, and various order types. Additionally, traders can enjoy the convenience of a single login across multiple platforms and access detailed trading history.
For traders seeking a more accessible option, Bonny Markets provides the WebTrader platform. This browser-based platform eliminates the need for downloads and allows traders to access their accounts from any device with an internet connection.
While offering a simplified interface compared to MT5, WebTrader still provides essential features like real-time quotes, charting tools, and one-click trading. It is compatible with all operating systems and ensures reliable data protection.
The STP Standard account is well-suited for traders who seek a stable trading environment and competitive spreads, while the ECN account is more suitable for high-frequency traders who pursue ultra-low spreads and deep market insights. You can see the concrete differences of the two types:
| Feature | STP - Standard Account | ECN Account |
| Spreads | Starting from 1.3 pips | Starting from 0.1 pips |
| Execution | Ultra-fast | Ultra-fast |
| Trading Environment | Transparent | Transparent |
| Negative Balance Protection | Yes | Yes |
| Additional Features | No Dealing Desk | In-depth Market Insights |
Both account types offer ultra-fast execution speeds, a transparent trading environment, and negative balance protection, providing traders with a relatively safe trading environment.
Clients can easily reach out to the support team by calling +20 221 096 351 for direct assistance.
Alternatively, for those who prefer digital communication or require support outside of immediate business hours, emailing info@bonnymarkets.com provides a convenient way to get in touch with customer service representatives who are committed to providing timely and helpful responses.
Bonny Markets provides its traders with three essential tools designed to enhance their trading strategy and decision-making process:
Even with $1,00, $1,000, $15,000, or a $30,000 funded account, you can begin to trade Forex and develop a forex income.
You can instantly withdraw money from a forex account when you have accumulated your profits in that account. Your access to cash through trading in forex is also facilitated by linking your bank account to your trading account.
Bonny Markets financial advisors offer the most comprehensive financial advice covering everything from budgeting and personalisation to investing and management.
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Semra
Turkey
Rexen came to a stop point because my account managers and consultants were dealt with high lottery. Every time the crowd is i n trouble , the crowd is called partners . As director, m y account was transferred to the Eight plus company for a while to open up high lottery at the same risk because he wanted to do the same calculation for himself. When I wanted to do the calculation, the account was cancelled. At the moment, Eight plus doesn't open my account, they want to fund me. I'm in a lot of trouble asking you to help me. I can't contact anybody at the moment with the rexen or the eight plus company. Rexen 600589 Eight plus 10333 and 10125 Accounts so please check the calculations and ask for my main money back.
Exposure
Aoethen
Pakistan
Struggled with withdrawal but Becca helped,hasle using bank wire so just figure out how to connect paypal with non-Us bank account
Neutral
93179
United Kingdom
The security measures they tout, like segregated client funds and DBS-checked staff are very good!! but I've noticed a few inconsistencies in their operations...
Neutral
Scott Walker
Nigeria
Bonny Markets offers advanced order types. I can control over my trades better. Besides, customer support has been fantastic, always helpful, responsive. 🌞
Positive
William Johnson
United Kingdom
Overnight fees are reasonable, but automated and social trading tools need work.
Positive