WHAT IS A CLEARING ACCOUNT?

Once a new Forex or CFD firm is established it will need a Clearing Account.
A Clearing Account is an account that allows FX or CFD firm to hedge its clients’ trades and mitigate a market risk.
Each successful and reputable FX or CFD firm will have a Clearing Account to manage adverse market conditions and clients’ trades.
BMFN provides a Corporate Clearing Accounts with narrow spreads to FX and CFD firms.
A Firm can have a Clearing Account as an outright Corporate Account or as a Corporate API Account.
 
 

WHAT IS A LIQUIDITY ACCOUNT?

Each FX or CFD firm, as the business grows, will need one or two Liquidity Accounts with different Counterparties to spread and mitigate its market risk.
A Liquidity Account is an account that allows FX or CFD firm to hedge its clients’ trades and mitigate a market risk among different Trading Counterparties.
Each successful and reputable FX or CFD firm will have a Clearing Account and one or two additional Liquidity Accounts to manage adverse market conditions and clients’ trades when there is a problem with one or the other Counterparty.
BMFN provides a variety of Liquidity Accounts with narrow spreads and different margins to FX and CFD firms.
A Firm can have a Liquidity Account as an outright Corporate Account or as a Corporate API Account.
 

HOW DO I OBTAIN ONE?

Boston Merchant Financial can get you started right away with your Clearing or Liquidity Accounts.

Please fill out the form below and we will email you proper Account Opening Forms.

If you need an API, simply request an NDA from [email protected] with your preferred API model. MT4 server FIX API is available.

When the NDA has been returned we will send you the code base and/or login details to get started coding right away.

support

TRADING DESK SUPPORT AND ASSISTANCE

Your calls and email will be answered ahead of every other customers.

As a Liquidity or Clearing Account holder you will have a direct 24/6 access to the Dealing Desk of BMFN.

BMFN will provide you with a preferential access to the IT and Back Office Support.

OPEN A CLEARING ACCOUNT
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Bmfn global

Boston Merchant Financial Ltd is licensed by The Federal Financial Markets Service Licence Number: 1220

 
Bmfn europe

BMFN EAD regulated and authorised by the Financial Supervision Commission (FSC) Register. Number: RG-03-220

Bmfn Australia

BMFN Pty Ltd is licensed and regulated by Australian Securities & Investment Commission (ASIC) ABN 14 145 724 509, AFSL Number 379035

BMFN NEW ZEALAND

BMFN PTY Ltd is registered as a Financial Service Provider and listed in the Financial Service Providers Register (FSPR), FSP328066

 
 
 
 

Risk Warning: CFDs are margined products; it is possible to lose more than your initial margin deposit or credit allocation as well as any variation margin that you may be required to deposit from time to time. Therefore you should only speculate with money that you can afford to lose. CFD trading may not be suitable for all customers; therefore please ensure that you fully understand the risks involved and seek independent advice if necessary and prior to entering into such transactions. When trading CFDs with Boston Merchant Financial you are merely trading on the outcome of a financial instrument and therefore do not take delivery of any underlying instrument, nor are you entitled to any dividends payable or any other benefits related to the same. Please be advised, the services and products described on www.bmfn.com and offered by Boston Merchant Financial, Ltd. (BMFN) are not being offered within Canada, the United States or Belgium and not being offered to U.S., Canadian and/or Belgium residents or citizens, as defined under applicable law. BMFN and its products and services offered on the site www.bmfn.com are NOT registered or regulated by any U.S. or Canadian regulator and not regulated by FINRA, SEC, NFA or CFTC.

BMFN reserves the right to retroactively charge storage fees for positions held for extended period of time as stipulated by the market liquidity provider.