BDX Markets: MISA licence BFX2026025

Yes. Clause 3.7 of the Terms of Service offers Islamic swap free client accounts for CFD trading, with no swap or rollover charge applied to positions held overnight, and states they carry exactly the same trading conditions as the regular accounts. You must close all open positions before switching an existing account across.

Its own disclaimer says no. The footer of every page states that BDX Markets LTD does not provide services to residents of the USA, Japan, FATF-sanctioned countries or any jurisdiction where such services are prohibited. In practice the restriction is not enforced at signup: the registration form offers a country list of 250 jurisdictions that includes both the United States and Japan, and lists the United States first. The broker also publishes a fully translated Japanese version of its site.

The trading page lists 31 currency pairs across majors, minors and exotics, two precious metals in gold and silver, eight index CFDs and seven crypto CFDs, quoted with live bid and ask prices. All of them are contracts for difference, and the Terms of Service confirm you acquire no ownership of the underlying instrument.

MetaTrader 5 only, advertised for Windows, macOS, Android and iOS with an additional Android APK. None of the buttons on the download page currently has a file behind it. The Terms of Service also refer clients to an MT4 platform for swap rates, which does not match the MetaTrader 5 only offering the site presents.

No processing time is published. The homepage advertises instant withdrawal, but no funding page supports that with a stated timescale per method, and the Terms of Service set against it a discretion to withhold amounts from a credit balance in defined circumstances. Since client money may also be pooled with other clients' money and invested by the firm under clause 23, withdrawal speed should not be assumed from the marketing claim.

The broker publishes no funding page and no list of payment methods, fees, limits or processing times. Its Terms of Service refer to incoming currency transfers and to IBAN and BIC details, which points to bank transfer, and require every payment to come from an account in your own name, with third party payments liable to be refused or returned. No card or e-wallet channel is confirmed anywhere on the site.

The full cost cannot be established from the website. The trading page quotes 1.2 pips while the homepage advertises spreads from 0.0 pips, and no commission schedule is published at all: the Terms of Service reserve the right to charge commissions and place the detail inside the platform. The terms do disclose interest of 20 percent a year, compounded daily, on any debit balance, and a monthly maintenance fee after twelve months of inactivity whose amount is not stated.

Up to 1:500. The figure is published once, on the trading page, alongside a 1.2 pip headline spread and a 0.01 minimum lot, and it applies to the single set of conditions the broker offers. Leverage at that level magnifies losses as much as gains and is far above the caps onshore regulators impose on retail clients.

BDX Markets does not publish a minimum deposit. Its Terms of Service place the minimum trading size and the minimum balance for opening an account in a product schedule inside the trading platform, which is only visible after you register. That means the entry cost cannot be established before handing over personal details.

Nothing confirms BDX Markets to be a fraud, and nothing confirms it to be safe either, so it is best treated as unverified and high risk. It runs a real MetaTrader 5 service with live pricing and substantive legal documents. Against that, neither its licence nor its operating company could be found on any official record, its own terms allow client money to be pooled and invested, and it markets a deposit scheme paying a share of its trading book that no brokerage licence would authorise.

The broker names one operating company, BDX Markets LTD, stated in the site footer, in the running header of every page of its Terms of Service and in its Risk Warning Notice, with registration number HV00326492 and a registered address at Bonovo Road, Fomboni, Island of Moheli, Union of Comoros. No individual owner, director or officer is disclosed anywhere on the site, and no record of the company itself was found in the Comoros or Mwali, in a cross-jurisdiction company search, or in the Global LEI index.

No regulation has been confirmed for BDX Markets. Its site states on every page that BDX Markets LTD holds an International Brokerage and Clearing House License under the Brokerage Act 2013 with number BFX2026025, issued by the Mwali International Services Authority (MISA) in the Union of Comoros. That claim could not be matched to any official record: MISA operates no public licence lookup and the number does not appear on its own published list of licensed entities. Treat the licence as claimed, not held.