Forex BenchMark Broker Review

Performance Matrix

Main Score & Risk Matrix

N/A

Score

2.3

Very Poor

Our review desk considers this broker unsuitable for most traders until transparent licensing, stronger compliance evidence, and clearer client-fund protections are demonstrated.

License 2.5

Business 1.8

Risk Control 2.1

Software 2.8

Regulatory 2.3

Terminal Snapshot

BenchMark Trading Conditions

Registered Region Bulgaria

Operating Period 5-10 years

Minimum Deposit $100

Spread N/A

Licenses N/A

Contact Email markets@benchmark.bg

Contact Number +35929625795

Website benchmark.bg

Balanced Review

Pros & Cons

Pros

Established forex broker with 5 to 10 years of experience
Diverse range of trading instruments including Forex, Commodities, Indices, Stocks, and Cryptocurrencies
Multiple account types catering to different trader needs
Access to popular trading platforms: MetaTrader 4, MetaTrader 5, and WebTrader
24/5 customer support with multilingual assistance

Cons

Lack of specific regulatory oversight details
No clear information on fund protection measures
Potentially high trading fees due to variable commissions
Limited educational resources for beginner traders
Withdrawal processing times can vary significantly

Compliance Desk

Regulatory Licenses

0.0/10

No structured regulatory license cards have been configured yet.

Peer Benchmark

Broker Comparison

Feature	BenchMark	DeltaStock	UP TREND	AvaTrade
Operating Period	5-10 years	See review	See review	See review
Region	Bulgaria	See review	See review	See review
Minimum Deposit	$100	See review	See review	See review
Spread	N/A	See review	See review	See review
Trust Score	2.3/10	See review	See review	See review

Product Fit

Account Types

What Account Types and Fees Does BenchMark Offer?

Account Type	Target User Group	Essential Characteristics	Applicability Notes
Retail Account	Beginners and individual traders	Access to various trading instruments	Suitable for small-capital practice
Professional Account	Experienced traders	Higher leverage and advanced trading tools	Requires trading volume qualifications
Corporate Account	Corporate clients	Customized trading solutions	Requires corporate documentation
Islamic Account	Traders seeking swap-free options	Compliant with Sharia law	Available upon request
Demo Account	New traders and those testing strategies	Practice trading without financial risk	No capital required

Account Opening Process

To open an account with BenchMark, prospective clients are required to submit personal, employment, and financial information. This includes providing identity verification documents, such as a valid ID and proof of address. The process is designed to ensure that all necessary details are collected to establish a secure trading environment. Additionally, BenchMark offers flexibility for clients, allowing for the possibility of upgrading to a professional account at a later stage, should their trading needs change.

Trading Fees

Product	Spread (pips)	Commission	Notes
Forex (Major Pairs)	Varies	Varies	Competitive spreads for trading
CFDs (Stocks, Indices, Commodities)	Varies	Varies	Transparency in pricing
Cryptocurrencies	Varies	Varies	Market-dependent pricing

Other Fees

BenchMark may charge various fees associated with trading activities. These include deposit and withdrawal fees, inactivity fees for dormant accounts, and any applicable platform usage fees. Additionally, traders should be aware of overnight interest fees (swap rates) and currency conversion fees that may apply during trading operations.

Editorial Verdict

Expert Verdict

R

Research Desk

Senior Broker Analyst

Our review desk considers this broker unsuitable for most traders until transparent licensing, stronger compliance evidence, and clearer client-fund protections are demonstrated.

Funding Desk

Deposit & Withdrawal Methods

No structured payment methods have been configured yet.

Trader Feedback

BenchMark User Reviews

3.0

★ ★ ★ ★ ★

4 total reviews

5 star

4%

4 star

4%

3 star

4%

2 star

20%

1 star

60%

James T.

Sofia

★ ★ ★ ★ ★

I faced significant delays with my withdrawals from BenchMark. It took longer than expected to access my funds, and the customer support was unresponsive during this time. I expected better service given their claims of being a reliable broker.

Elena K.

Plovdiv

★ ★ ★ ★ ★

My experience with BenchMark was disappointing. The lack of detailed regulatory information made me uneasy about trading with them. Additionally, their customer support was not helpful when I reached out with my concerns. I wouldn’t recommend them.

Mark R.

Varna

★ ★ ★ ★ ★

BenchMark offers a solid selection of trading platforms, including MetaTrader 4 and 5, which I find user-friendly and efficient. My trading experience has been smooth overall, and while there are some fees involved, the platform’s features make it worthwhile.

Nadia L.

Burgas

★ ★ ★ ★ ★

I’ve had a great experience trading with BenchMark. The variety of instruments available, from Forex to cryptocurrencies, has allowed me to diversify my portfolio. Their customer support has been responsive, and the trading platforms are top-notch.

Bulgaria Market