Company Profile
| BenchMark Review Summary | |
| Founded | 5-10 years |
| Registered Country/Region | Bulgaria |
| Regulation | Suspicious Clone |
| Market Instruments | Forex, cryptocurrencies, stocks, ETFs, metals, oil & gas, indices |
| Demo Account | ✅ |
| Leverage | Up to 1:400 |
| Spread | From 0.6 pips |
| Trading Platform | MT4/MT5 |
| Minimum Deposit | / |
| Customer Support | Telephone: +359 2 962 54 05, +359 2 962 57 95 |
| Email: office@benchmark.bg, markets@benchmark.bg | |
| Facebook/Twitter/LinkedIn/TikTok/Instagram/YouTube | |
| Live chat | |
BenchMark Information
Established in 2003 and part of the BenchMark Group, BenchMark Finance is an investment intermediary. Specializing in brokerage services for trading financial instruments across international markets, with a maximum leverage of 1:400 including currency pairs, stocks, commodities, stock indices, funds, futures, and more. The firm also facilitates trading on the Bulgarian Stock Exchange for assets such as stocks, bonds, compensation notes, and compensation vouchers. The minimum spread is from 0.6 pips. However, BenchMark is still risky due to its Suspicious Clone status.
Pros and Cons
| Pros | Cons |
| Demo account available | Suspicious clone licenses |
| 24/5 customer support | Lack of account information |
| Various tradable instruments | |
| MT4/MT5 available | |
| No deposit and withdrawal fees |
Is BenchMark Legit?
| Regulated Country | Current Status | Regulated Authority | License Type | License Number |
 | Suspicious Clone | The Autorité des Marchés Financiers(AMF) | Retail Forex License | 75973 |
 | Suspicious Clone | Federal Financial Supervisory Authority (BaFin) | Retail Forex License | 137382 |
 | Suspicious Clone | Financial Conduct Authority (FCA) | European Authorized Representative (EEA) | 621564 |
 | Suspicious Clone | Comisión Nacional del Mercado de valores (CNMV) | Retail Forex License | 4100 |
What Can I Trade on BenchMark?
BenchMark offers a wide range of market instruments, including forex, cryptocurrencies, stocks, ETFs, metals, oil & gas, and indices.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Oil & Gas | ✔ |
| Stocks | ✔ |
| Cryptocurrencies | ✔ |
| Metals | ✔ |
| ETFs | ✔ |
| Indices | ✔ |
| Options | ❌ |
| Bonds | ❌ |
| Mutual Funds | ❌ |
Account Type
BenchMark has two account types: a demo account and a live account. The demo account is predominantly used to familiarize traders with the trading platform and for educational purposes only.
| Account Type | Supported |
| Demo account | ✔ |
| Live account | ✔ |
BenchMark Fees
The spread is from 0.6 pips. The lower the spread, the faster the liquidity.
Leverage
The maximum leverage is 1:400, meaning that profits and losses are magnified 400 times.
Trading Platform
BenchMark cooperates with the authoritative MT4 and MT5 trading platforms available in Desktop(Windows/MacOS), Mobile(Android/iOS), and Web to trade. Junior traders prefer MT4 over MT5. Traders with rich experience are more suitable for using MT5. MT4 and MT5 not only provide various trading strategies but also implement EA systems.
| Trading Platform | Supported | Available Devices | Suitable for |
| MT4 | ✔ | Desktop/Mobile/Web | Begginers |
| MT5 | ✔ | Desktop/Mobile/Web | Experienced traders |
Deposit and Withdrawal
Traders can fund their accounts via debit/credit cards for free, with 24/7 processing on working days. Wire transfers are also fee-free, processed on working days between 07:00-14:45 GMT. Client account fund transfers are accepted anytime, but executed within the same working-hour window. For withdrawals, bank wires are available 24/7 and processed on business days between 07:00-14:45 GMT.
| Deposit Options | Fees | Processing Time |
| Bank Cards | 0% | Up to 30 min |
| Wire Transfer | 0% | Up to 30 min |
| Transfer | 0% | Up to 30 min |
| Withdrawal Options | Fees | Processing Time |
| Bank Wire | 0% | Up to 30 min |
| Transfer | 0% | Up to 30 min |
