What is BostonMex?
BostonMex is a forex and CFD broker based in Saint Vincent and the Grenadines, listed with a foundation year of 2012. It offers leverage up to 1:100, spreads from 0.0 pips and a minimum deposit of $250. Clients trade on MetaTrader 5.
BostonMex is an online trading broker since 2012. This is based on the MetaTrader5 platform. This is a computer-only web trader. This can be operated by computers only.
This website is a multilingual website. It supports 10 different languages such as English, German, Spanish, French, and some other Asian and European languages. This is very helpful for people from various regions of the world. Not everyone understands English and know it well. This website being multilingual helps people who don't know English.
BostonMex has 4 types of account to suit all types of trading. All these types are Standard, Fixed, Premium and ECN. This broker does commission-free trading and it has 0.0 pips of spread in ECN account. This broker has set their leverage at 1:1000 which is fixed on all 4 types of accounts. There's no requotes and restrictions. They provide the best price possible.
Traders can trade on Indices, Commodities, Stocks and Forex with BostonMex. There are so many assets to trade on. The best thing is people can trade on stocks without any commission with companies like Apple, Facebook, and Tesla. Not every trader provides this service without any commission for giant companies like these.
They are also providing safety to clients' funds. It is the top priority of BostonMex to provide safety to the funds of their clients. Funds are kept on segregated accounts. As their priority is to keep their client funds safe and secure, they keep them on separate and segregated accounts. bostonMex prioritizes every penny of their clients.
BostonMex is very promising to their customers about their service. Any customers can chat anytime directly to the customer service team. Customers also can call the support team anytime. Customer support decides a broker whether if he is good or not.
Is BostonMex safe and regulated?
BostonMex is regulated by Registered by the Financial Services Authority (FSA). This is an offshore regulator. It sets capital and reporting rules, but its investor protection is lighter than tier-1 regulators such as the FCA (UK), CySEC (Cyprus) or ASIC (Australia), and there is usually no investor compensation scheme.
Safety checklist before you deposit
- Find the licence number on the broker's website and check it on the regulator's official register.
- Check that client funds are held in segregated bank accounts.
- Make a small first deposit and test a withdrawal before you add more.
- Confirm negative balance protection applies to your account type.
BostonMex account types
The broker offers several account options so beginners and experienced traders can choose the right fit. Accounts open from a $250 minimum deposit.
| Account | Best for | Available |
|---|---|---|
| Mini account | Beginners trading small lot sizes | Yes |
| VIP account | High-volume traders wanting raw spreads | Yes |
| Islamic (swap-free) | Traders who need no overnight interest | Yes |
| Managed account | Investors who prefer a money manager | Yes |
Trading platform and conditions
BostonMex provides MetaTrader 5, so you can trade from any browser without installing software.
- Scalping and hedging are permitted, which suits short-term and EA-style strategies.
- News trading is allowed during high-impact economic releases.
- Spreads from 0.0 pips are available on raw pricing, with a commission per lot.
- Leverage up to 1:100 gives large position sizes from a small deposit, which also raises the risk of fast losses.
Deposits and withdrawals
BostonMex supports 7 funding methods, including Bank Transfer, Vida, Mastercard, Paypal, Skrill, Neteller and more. Accounts can be held in 3 base currencies (USD, EUR, GBP), which helps you avoid conversion fees.
BostonMex bonus: <p>Currently not available.</p>
How the promotion works
The current BostonMex promotion is <p>Currently not available.</p>. Entry rules, dates and eligible countries are set by the broker. Read the full terms on the BostonMex website before you trade for it.
Check the promotionLooking for free trading credit instead? Compare the latest forex no deposit bonus offers and forex deposit bonuses.
BostonMex pros and cons
Pros
- Raw spreads from 0.0 pips
- Scalping and hedging allowed
- News trading allowed
- Islamic, VIP, Mini and managed accounts
- 7 deposit methods
Cons
- Only offshore regulation (FSA)
- No investor compensation scheme
- $250 minimum deposit is higher than some rivals
How to open a BostonMex account
- RegisterVisit the BostonMex website and sign up with your name, email and phone number.
- Verify your identityUpload a passport or national ID and a recent proof of address (KYC).
- Choose an accountPick Islamic, VIP, Mini, managed or a standard account, and your base currency.
- Fund the accountDeposit at least $250 with Bank Transfer, Vida, Mastercard or another method.
- Start tradingLog in to MetaTrader 5 and set your risk per trade.
Is BostonMex a good broker? Our verdict
BostonMex suits active traders who want raw spreads, freedom to scalp or trade the news, plus a wide choice of payment methods. The main trade-off is regulation: an offshore licence gives less protection than a tier-1 regulator. Start small, test a withdrawal, and only trade money you can afford to lose.