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BeeMarkets group includes 3 related companies.
BeeMarkets AU - located in Australia, regulated by the Australian Securities and Investments Commission (ASIC).
BeeMarkets SA - located in South Africa, regulated by the Financial Sector Conduct Authority (FSCA).
BeeMarkets MW - located in Mwali, regulated by the Mwali International Services Authority (MISA).
Unfortunately, AU company has been imposed with trading leverage limitations by ASIC since the end of March 2021.
At the same time, MW company is free from such restrictions.
BeeMarkets group accepts clients from all over the world, excluding USA, China, Australia, Iran, North Korea and some other countries where the broker's services may violate local laws or regulations.
Forex broker offers the following underlying assets for trading.
| 50+ Currency Pairs | Based on major and minor world currencies. |
| 12 Crypto Pairs | Based on Bitcoin, Ethereum, Ripple, Cardano, Dogecoin, Polkadot, EOS, Litecoin, Solana, Uniswap, Stellar, Tezos. |
| 14 Indice CFDs | Based on baskets of different blue-chip stocks. |
| 4 Metal CFDs | Based on Gold, Silver, Platinum, Palladium. |
| 3 Energy CFDs | Based on Crude Oil (WTI, Brent) and Natural Gas. |
BeeMarkets is a multi-jurisdiction forex and CFD broker that has been active since 2017. Over the years, the company has expanded its global footprint, operating under three separate entities with offices in Sydney, Johannesburg, Mutsamudu, and Dubai. The broker is regulated in several jurisdictions, including Australia, which gives it a level of credibility that many offshore brokers lack.
The broker's structure allows it to serve traders in different regions while also offering varied account conditions depending on the jurisdiction. For example, clients registered under the ASIC-regulated entity must adhere to Australia's stricter regulatory requirements, which since March 2021 include limitations on trading leverage. In contrast, the Mwali-registered entity can offer more flexible trading conditions, including leverage of up to 1:1000, which is often attractive for high-risk, high-reward traders who are starting out with small trading accounts.
One standout feature of BeeMarkets are the low spreads it advertises, particularly on major forex pairs like EUR/USD, which helps keep costs affordable for short-term traders. Further, the minimum deposit is only $10, making the broker accessible to beginners and others with smaller account sizes.
When it comes to platforms, BeeMarkets supports MetaTrader 5 (MT5), a widely used and advanced trading platform that is the successor to the classic MT4 platform. In addition to MT5, BeeMarkets also offers a web-based platform called Fastbull which is based on TradingView's architecture, and a mobile trading app known as the BeeMarkets App, by CloudTrader4. All of these platforms offer an intuitive user interface, dynamic charts, and advanced technical analysis and order placement capabilities.
BeeMarkets offers a fairly wide range of trading instruments, although certain asset classes such as stocks and bonds are missing. Traders can access over 50 forex pairs, covering major, minor, and exotic currencies. The broker also provides 12 crypto pairs, including Bitcoin, Ethereum, Dogecoin, and others. In addition, trading in a small number of major indices, precious metals, and energy commodities is supported.
In terms of account types, there are three options for each of the three trading platforms BeeMarkets supports:
– Standard Account (FastBull/CloudTrader4/MT5), with a minimum deposit of $10 and leverage up to 1:1000.
– Expert Account (FastBull/CloudTrader4/MT5), with a minimum deposit of $1,000 and leverage up to 1:400.
– Pro Account (FastBull/CloudTrader4/MT5), with a minimum deposit of $10,000 and leverage up to 1:200.
Interestingly, all of the accounts are ECN-style accounts, which means they offer tight spreads but instead charge commissions on all trades. The commission fees range from $1.5 to $2.5 per lot per side.
In terms of funding, BeeMarkets supports a variety of methods to suit global clients. Deposits and withdrawals can be made via bank wire transfers, credit cards, cryptocurrencies, and various e-money services, depending on the region the client is in. The accepted cryptocurrencies include Bitcoin (BTC), Ethereum (ETH) and Tron (TRX), as well as the stablecoins USD Coin (USDC) and Tether (USDT) on the Ethereum and Tron blockchains. Processing times are generally quick, although the exact speed may vary depending on the method chosen.
Overall, BeeMarkets presents itself as a global forex broker with both strong regulatory backing and flexible offshore options. We like that the broker supports multiple trading platforms, and also appreciate the flexibility in terms of funding and withdrawal options, which makes this broker accessible to a wide range of traders from around the world.
