Singapore Micro-Forex Broker — Bloombex

Please welcome the latest addition to the list of Forex brokers at — Bloombex. Apart from exploiting the popularity of Michael Bloomberg‘s name, this company is notable for offering very simple starting conditions for trading, using their web-based proprietary trading platform. It’s only $100 to open an account and micro-lots are available. Combined with 1:200 leverage, it makes even a small-time trader feel the edge of currency trading, though the spread of 3 pips on EUR/USD may be scary. They don’t offer a traditional PAMM system but offer their own managed accounts. Other interesting notes about Bloombex:

  • Demo trading account is limited by 21 days only.
  • 25% bonus on deposit Up to $5,000 bonus on first deposit.
  • Trader Forex+Gold+Oil.
  • Residents of some countries (including Brazil) can’t trade with Bloombex.
  • Moneybookers, PayPal and Liberty Reserve are available for deposit/withdrawal.
  • Bloombex
    Update: The minimum account size is $100, not $5.
    Update 2011-09-06: The bonus and trading instruments info has changed.

    If you have any questions or comments regarding Bloombex, please feel free to reply using the form below.

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