OVERVIEW OF BROKER
Berndale Capital is an Australian forex broker that offers traders in Europe and Asia access to global markets through a one-of-a-kind trading experience that should be accessible to anyone. Low trading expenses, cutting-edge technology solutions, and specialist support are all available from the broker.
With the instruments available and the ability to trade 62 currency pairings, 16 stock indexes, 4 government bonds, precious metals, and bitcoins, traders can find a trading style that suits them.
The quickest ECN LD4 and NY4 servers, which are linked to liquidity providers giving rates as low as 0.0 pip, enable execution and market connectivity. Furthermore, the system eliminates requotes and bounces, ensuring seamless trading even with large trade volumes.
Berndale’s trade coaches educate clients on the market, allowing them to take charge of their trading. Regular webinars, individual help, and a variety of analytics are all available through the training center. Clients can also take advantage of a personal relationship manager who will always work with the trader on a one-on-one basis.
Is Berndale safe or is it a scam?
It is critical to select a regulated broker to ensure client safety and trust. Berndale Capital is a brand name and a subsidiary of Berndale Group Pry Ltd, which is regulated by ASIC in Australia. This law necessitates rigorous adherence to set norms in order to maintain operational transparency, data security, and fund safety.
Berndale has implemented negative balance protection in addition to the obligatory protection for its clients. This ensures that the client cannot lose more than the available balance.
Berndale has chosen MetaTrader4 as its trading platform since it is reliable and powerful. It’s the broker’s cutting-edge platform, with a global network of several servers connected by fiber-optic links for ultra-low latency. Through informed decision-making, charts and trading indicators make it simple to take trading to a new, more professional level.
Furthermore, because today’s lifestyle necessitates complete control over trading via mobile devices, the company has created a MetaTrader4 Mobile edition with platform integration. This system gives the most up-to-date information and updates with a second’s accuracy, ensuring that no trade opportunity is missed.
Berndale has the greatest myFXbook platform on the market for traders who wish to engage in social trading. The platform serves as an open forum for traders from across the world to discuss ideas and tactics that can benefit both beginners and experienced traders. The fee will be a modest premium applied to all orders, which is a relatively minimal commission in comparison to other market offerings.
Another economical solution based on Fyrelink is a VPS (Virtual Private Server), which allows nonstop trading with algorithms and advisors without any issues. Clients can trade securely by installing nearly any software package on their PC.
A client must complete the four phases of the online account application process in order to begin trading. Clients can choose between Australian dollars, US dollars, euros, and British pounds sterling as the base currency for fund transfers. Meanwhile, there are four other types of accounts available, each with a leverage of up to 1: 500, premium signals, and personal relationship management.
– STP (Simple Through Processing) is a simple beginning account that only costs $25 to open. With spreads starting at 0.9 pips, there is no cost issue.
– STP Plus, with an unbelievable ECN price starting at 0.0 pips, a $3.5 commission per 100k sold, and a $200 minimum deposit.
– ECN Pro is a genuine ECN account with a $2,500 minimum starting balance requirement. Spreads begin at 0.0 pips, with a $2.5 commission, personalized training, and priority support.
– Institution Plus is a bespoke institutional level pricing solution with spreads starting at 0.0 pips and a commission structure that is totally adjustable. Personal account settings, high-volume order execution, priority assistance, and training are all available at any time.
To get a feel for how the broker executes transactions and the conditions it offers, new clients should open a demo account and practice trading without risk.
Methods for depositing and withdrawing funds
A range of payment methods, including bank transfers, card payments, and e-wallets Netteller, Skrill, and FasaPay, are available to fund a trading account on a continual basis. Client funds are always stored with AA financial institutions, ensuring their safety and security.
There are no fees for bank transfers, but credit cards may incur a 1.5 percent cost. Internal fees are waived for withdrawals, however banks or institutions may levy a fee for any transaction.
Berndale Capital is a dependable, regulated firm that provides a high-quality product with cutting-edge technology. The supplied connectivity enables direct access to market liquidity providers as well as a developed leader among MT4 platforms.
Traders of every size or inclination can find a suitable account type thanks to the range of account types available. Furthermore, the firm offers comprehensive training and support services tailored to each client. This benefit, combined with the normal account offer, which allows you to trade with only $25 of money, will be extremely beneficial to new traders. Experienced traders, on the other hand, can benefit from pricing and support, which can help them improve their own skills.