Bridges Financial Services Pty Ltd Review 2020

Bridges Financial Services Pty Ltd Rated 3/5
learn more Learn more about eToro. 71% of retail investor accounts lose money when trading CFDs with this provider.
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Bridges Financial Services Pty Ltd Guide - Read our In Depth Bridges Financial Services Pty Ltd Review

This Bridges Financial Services Pty Ltd review was written by industry experts with over 20 years of financial experience in Forex trading, CFD trading, Spread Betting, Share Dealing.

What is Bridges Financial Services Pty Ltd?

Bridges Financial Services Pty Ltd are an a global online financial trading platform and multi asset broker founded in 2014

Over 6 years later Bridges Financial Services Pty Ltd has grown to offering retail investors Forex trading, CFD trading, Spread Betting trading, and Share Dealing trading.

Bridges Financial Services Pty Ltd are a global broker and have a head office in Australia.

When trading in the financial markets it can be very time consuming to find a broker that meets your needs.

We will dive deep in this Bridges Financial Services Pty Ltd review and assess how well the Bridges Financial Services Pty Ltd platform functions in its role as an international multiple financial asset trading platform for traders in 2020.

Often you have to visit and read many broker websites all of which have different uses of language. The wording can be very confusing. Choosing an online broker like Bridges Financial Services Pty Ltd can be difficult. For a beginner, the first few hurdles can come in the form of what appears to be a complex mobile or online trading platform, hard to understand investment terminology and confusing fee structures. In our review of Bridges Financial Services Pty Ltd we breakdown the pros and cons. What Bridges Financial Services Pty Ltd are able to offer, what countries Bridges Financial Services Pty Ltd are available in. Who Bridges Financial Services Pty Ltd are regulated by and more.

Having a reliable and capable broker is crucial to your success in online trading. Make sure that your broker is not fake or unreliable to avoid losing your investment. Ensure that your needs fit the profile of your broker as well, in order for you to have a good working profitable relationship.

This is why we have taken the time to review only the best brokerage firms, their practices, their fee structure and all other important aspects. We want you to evaluate and analyse and trust your hard-earned cash with only the safest and best of brokers. We hope you find this Bridges Financial Services Pty Ltd review useful.

This review of the Bridges Financial Services Pty Ltd platform is very detailed. If you are interested in trading with Bridges Financial Services Pty Ltd in any capacity please take the time to read and research the whole Bridges Financial Services Pty Ltd review.

We have tried to explain the ins and outs of financial trading through the Bridges Financial Services Pty Ltd platform as plainly as possible so that you the trader are as informed as possible before you start to use the Bridges Financial Services Pty Ltd trading tools and depositing and withdrawing funds from Bridges Financial Services Pty Ltd.

Benefits of trading with Bridges Financial Services Pty Ltd

Open Bridges Financial Services Pty Ltd's Website

Your capital is at risk

Investing online can be just as risky as any other kind of offline investment. As with any investment, it is important to know and research the company you are dealing with. When trading financial assets with Bridges Financial Services Pty Ltd like Forex trading, CFD trading, Spread Betting trading, and Share Dealing trading. you should have confidence in Bridges Financial Services Pty Ltd and know that the management of your financial investments on the Bridges Financial Services Pty Ltd platform is in good hands.

At the bottom of this Bridges Financial Services Pty Ltd review you can also learn about some pretty good alternatives to Bridges Financial Services Pty Ltd

With this Bridges Financial Services Pty Ltd review we hope to help you see if Bridges Financial Services Pty Ltd is a good fit for you.

It is a common myth that online trading is confusing. It is only difficult for people who have not done the research. In this article, you will learn important information regarding Bridges Financial Services Pty Ltd that will help you get off to a good start in the world of online trading.

Bridges Financial Services Pty Ltd Review Table of Contents

Bridges Financial Services Pty Ltd review
Bridges Financial Services Pty Ltd is a Multi-Assets Trading Platform with over 62+ Assets

Learn more about Bridges Financial Services Pty Ltd. Bridges Financial Services Pty Ltd is a multi asset platform with 62+ tradable Assets. Assets available on Bridges Financial Services Pty Ltd include Forex trading, CFD trading, Spread Betting, Share Dealing.

Bridges Financial Services Pty Ltd trades in multiple financial asset types. An asset in financial investment, is any security or asset, tangible or intangible, that has a financial value attached. This means that Forex trading, CFD trading, Spread Betting, Share Dealing are considered financial assets.

Bridges Financial Services Pty Ltd review
Features of Bridges Financial Services Pty Ltd

Bridges Financial Services Pty Ltd review
What you should know

Bridges Financial Services Pty Ltd offer four ways to trade: Forex trading, CFD trading, Spread Betting, Share Dealing.

With Bridges Financial Services Pty Ltd you will need a minimum deposit of $100. You can sign up for a demo account to acquaint yourself with Bridges Financial Services Pty Ltd platform.

Bridges Financial Services Pty Ltd are able to accommodate various levels of traders whether you are experienced or a beginner.

Bridges Financial Services Pty Ltd review
Are Bridges Financial Services Pty Ltd safe?

When choosing a broker like Bridges Financial Services Pty Ltd the administrative body and regulatory status of the broker is very important. Brokers who conduct trades without supervision of a regulatory body do so at their own discretion. Any capital you invest is at risk.

Established in 2014, and in operation for 6 years Bridges Financial Services Pty Ltd have a head office in Australia.

Bridges Financial Services Pty Ltd is not regulated. This means Bridges Financial Services Pty Ltd are not supervised by any regulatory bodies.

Regulated brokers will not manipulate market prices. When you send in a withdrawal request to Bridges Financial Services Pty Ltd, this will be honored.

Bridges Financial Services Pty Ltd review
Is my money safe with Bridges Financial Services Pty Ltd?

Any payments funded to Bridges Financial Services Pty Ltd accounts by traders are held in a segregated bank account.

For added security Bridges Financial Services Pty Ltd use tier-1 banks for this. Tier 1 is the official measure of a banks financial health and strength.

What are Tier 1 banks and why should Bridges Financial Services Pty Ltd use them?

A Tier 1 bank is considered the safest and most secure regarding client capital. Tier 1 is actually a term describing the financial strength of a bank. A Tier 1 bank has strong core capital reserves and financial regulators utilize tier one banks because they are able to withstand unexpected financial losses.

What does it mean to have your funds in Bridges Financial Services Pty Ltd deposited in a Tier 1 bank?

Having any money you deposit with Bridges Financial Services Pty Ltd means that your funds are safe in a bank that has enough capital to accommodate your withdrawal wishes even if Bridges Financial Services Pty Ltd goes out of business for some reason.

Therefore, we can safely conclude that Bridges Financial Services Pty Ltd is secure and safe.

That said, please note that you can lose funds when trading in financial assets. Accounts can lose money due to either not putting enough effort into researching the markets, lack of experience or not using the tools provided by the brokerage platform.

While trading in financial investments, losing money rapidly due to trading Forex trading, CFD trading, Spread Betting, Share Dealing is not uncommon. Only take the risk of trading when you understand that your invested capital is at risk any time due to market volatility. Bridges Financial Services Pty Ltd also clearly state on their platform that Your capital is at risk.

Now that we have answered some important questions regrding Bridges Financial Services Pty Ltd. let us look at the Bridges Financial Services Pty Ltd features in more detail.

Try creating two accounts when you are working with Bridges Financial Services Pty Ltd. One is the real account, with your real money and the other is your demo account. The demo account is your experimental account.

Open a demo account Visit Bridges Financial Services Pty Ltd

Your capital is at risk

Full disclosure: We may receive a commission if you sign up with a broker using one of our links.

How Bridges Financial Services Pty Ltd as a Company Compare Against Other Brokers

Broker bridgesfinancialservicesptyltd eToro IC Markets XTB
Year Established 2014 2006 2007 2002
Head Office Australia Cyprus, UK Australia Poland
Regulation Unregulated Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID), Australian Securities and Investments Commission (ASIC) Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) Financial Conduct Authority (FCA), FCA number FRN 522157, Cyprus Securities and Exchange Commission (CySEC), CySEC Licence Number: 169/12, Comisión Nacional del Mercado de Valores, Komisja Nadzoru Finansowego, Belize International Financial Services Commission (IFSC) under license number IFSC/60/413/TS/19, Polish Securities and Exchange Commission (KPWiG)
Used By 10,000+ Bridges Financial Services Pty Ltd users 12,000,000+ eToro users 60,000+ IC Markets users 250,000+ XTB users
Negative balance protection Yes Yes Yes
Guaranteed Stop Loss No No No
Learn More Visit Bridges Financial Services Pty Ltd Visit eToro Visit IC Markets Visit XTB
Risk Warning Your capital is at risk 71% of retail investor accounts lose money when trading CFDs with this provider. Losses can exceed deposits 82% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Bridges Financial Services Pty Ltd review
Bridges Financial Services Pty Ltd Pros and Cons

What we like about Bridges Financial Services Pty Ltd

  • Used by over 10,000 Bridges Financial Services Pty Ltd users and traders
  • Established in 2014
  • Min. deposit from $100

What we don't like about Bridges Financial Services Pty Ltd

Bridges Financial Services Pty Ltd review
Bridges Financial Services Pty Ltd Regulation and Licensing in more detail

Bridges Financial Services Pty Ltd are not supervised or regulated by any well known regulatory bodies. Its normal to find online brokers like Bridges Financial Services Pty Ltd that are not regulated yet appear to be legitimate.

Bridges Financial Services Pty Ltd maybe relatively new. Some brokers provide their service under offshore licenses to save operational costs. Regulatory licensing can be very costly. We recommend only trading with regulated brokers. Should anything go wrong with Bridges Financial Services Pty Ltd you are not guarenteed help in a difficult situation.

  • Unregulated

Bridges Financial Services Pty Ltd review
Is Bridges Financial Services Pty Ltd Global?

Yes, Bridges Financial Services Pty Ltd is global as Bridges Financial Services Pty Ltd is available in over 194 countries.

Bridges Financial Services Pty Ltd is a global trading platform in the sense that it operates in 194 nations including nations in Europe, Asia, Oceania, and Africa. Major countries Bridges Financial Services Pty Ltd covers include the UK, Germany, Australia, South Africa, Thailand, the United States and China. Bridges Financial Services Pty Ltd has a total of more than 10,000 users.

Bridges Financial Services Pty Ltd review
Bridges Financial Services Pty Ltd Fees Explained

  • Bridges Financial Services Pty Ltd withdrawal fees varies on payment method
  • Bridges Financial Services Pty Ltd does charge a fee for inactive accounts.
  • Bridges Financial Services Pty Ltd does charge deposit fees.

Brokers offer state of the art online trading platforms, mobile trading apps, financial research tools and educational resources. For a brokerage to maintain these services and earn revenue as a company, brokers may charge clients various fees.

How Bridges Financial Services Pty Ltd Fees Compare Against Other Brokers

Broker bridgesfinancialservicesptyltd eToro IC Markets XTB
Min Deposit 100 200 200 0
Withdrawal Fees varies Yes No varies
Inactivity Fees Yes No No
Deposit Fees No Varies No
CFD Commission Fees No Yes Yes

Bridges Financial Services Pty Ltd review
Bridges Financial Services Pty Ltd Minimum Deposit

Bridges Financial Services Pty Ltd require a minimum desposit of 100 GBP/USD when opening an Bridges Financial Services Pty Ltd trading account.

A minimum deposit is the minimum amount of money required by Bridges Financial Services Pty Ltd to open a new online brokerage account with them.

Dont be scared off by brokers like Bridges Financial Services Pty Ltd charging a minimum deposit to open a trading account. Brokers that charge higher minimum deposits often offer additional premium services on there platforms that are not available for free on other platforms.

Brokers that offer lower minimum deposits are generally geared towards a more mainstream audience that do not require some of the more advanced features and research tools.

Brokers that do not charge minimum deposits do so usually to attract new customers. They have to make some way, so transaction commissions and other fees may be higher with a low minimum deposit account.

Brokers that require a larger minimum deposit amount usually offer a greater range of trading features on their platforms. These brokers often have more in depth technical analysis and research tools and better risk management features.

As more and more online trading platforms have entered the market, minimum deposit requirements to open a live trading account have gone down as an increasing number of brokers compete for new clients.

Depending on the type of trading account you opt for some brokers require a minimum deposit as high as 6500 GBP/USD. Some brokers can go as high as 10,000 GBP/USD.

Bridges Financial Services Pty Ltd review
Bridges Financial Services Pty Ltd Withdrawal Fees

Bridges Financial Services Pty Ltd withdrawal fees vary depending on your selected withdrawal payment method.

Each broker has their own specific withdrawal rules on how your funds can be withdrawn from your trading accounts.

This is because each brokerage firm will have different withdrawal methods and each payment provider may have differing transfer processing fees and processing times.

Bridges Financial Services Pty Ltd for example allow you to withdraw your funds to Bank Transfer.

Bridges Financial Services Pty Ltd review
Bridges Financial Services Pty Ltd Inactivity Fees

Bridges Financial Services Pty Ltd does charge a fee for inactive accounts.

An account inactivity fee is a fee charged to the registered brokerage client.

Brokers may have certain trading activity requirements that under the terms and conditions of the accounts, clients may have to fulfill.

If a clients trading account dues not have any buying and selling over a period of time as dictated by the broker an inactivity fee may be due.

Inactivity fees are not specific to online trading accounts. Many financial service companies may charge inactivity fees. Please check on the brokers website and make sure you are aware of and are happy with all the services and fees you may be charged.

If you are no longer using your trading account close it with the brokers customer support. And make sure you have a confirmation that any remaining fees are not due.

Depending on the type of account you have signed up for you can only be charged an inactivity fee under certain circumstances. As part of a brokers regulation they are required to clearly disclose any inactivity fees.

Some brokerage firms may charge inactivity fees as compensation for maintaining your account on their expensive trading platforms, in an attempt to claw back revenue for the lack of commission fees from your trading.

Bridges Financial Services Pty Ltd review
Bridges Financial Services Pty Ltd Desposit Fees

Bridges Financial Services Pty Ltd does charge deposit fees.

Some brokers may charge a fee when you deposit funds from your payment method to your trading account. This is because the payment method which you use to fund your account may accrue a fee. The fee may be a fixed fee when you deposit a specific fiat currency to your account. For example fees are known to be high when depositing funds from a credit card. This is if your broker accepts funding your account via a credit card.

Bridges Financial Services Pty Ltd review
Bridges Financial Services Pty Ltd Commission Fees

Bridges Financial Services Pty Ltd does charge commission on CFD instruments.

A broker may charge a commission fee as a service charge for facilitating the buying and selling of financial assets through your trading account.

A brokerage may make most of their revenue from charging registered traders a commission fee on client transactions.

Commission fees can differ depending on the trading type, financial asset type and what level of trading account you have.

Broker commissions are charged if the brokerage fulfills an order, cancels an order or modifies and order on your behalf.

If a market order is not fulfilled by your brokerage usually no commission is charged.

Be aware that if your order is modified or canceled, your brokerage may charge a commission fee.

Bridges Financial Services Pty Ltd review
What can you trade with Bridges Financial Services Pty Ltd?

Be aware that Different entities under Bridges Financial Services Pty Ltd Brand offer different trading instruments due to regulatory restrictions. Trading instruments offered may differ based on the country of residence of the Client.

You can trade a wide variety of instruments with Bridges Financial Services Pty Ltd over 62 instruments infact.

If you are looking at trading currency pairs Bridges Financial Services Pty Ltd offer over currency pairs.

Compare Bridges Financial Services Pty Ltd with eToro and IC Markets below.

Your capital is at risk

How Bridges Financial Services Pty Ltd Trading Options Compare Against Other Brokers

Broker bridgesfinancialservicesptyltd eToro IC Markets XTB
Instruments Available 62 2000 232 4000
Platforms MetaTrader 4 Web Trader, Tablet & Mobile apps MT4, MT5, Mirror Trader, ZuluTrade, Web Trader, cTrader, Mac MT4, Mirror Trader, Web Trader, Tablet & Mobile apps
FX / Currencies        
Forex pairs offered 50 65 50
Major Forex pairs No Yes Yes Yes
Minor Forex pairs No Yes Yes Yes
Exotic Forex pairs No Yes Yes Yes
Cryptocurrencies No Yes Yes Yes
Commodity CFDs        
Commodities Offered 0 31 19 21
Metals No Yes Yes Yes
Energies No Yes Yes Yes
Agricultural No Yes Yes Yes
Indiced & Stock CFDs        
Stocks Offered 957 100 1696
UK Shares No Yes No Yes
US Shares No Yes Yes Yes
German Shares No Yes Yes Yes
Japanese Shares No Yes Yes Yes
Risk Warning Visit Bridges Financial Services Pty Ltd
Your capital is at risk
Visit eToro
71% of retail investor accounts lose money when trading CFDs with this provider.
Visit IC Markets
Losses can exceed deposits
Visit XTB
82% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Bridges Financial Services Pty Ltd review
Trading on Bridges Financial Services Pty Ltd web platforms and other applications

Bridges Financial Services Pty Ltd offer the popular MT4 forex trading platform. To see a list of the top MT4 brokers, see our comparison of MT4 brokers.

Bridges Financial Services Pty Ltd also offer mobile apps, for Android and iOS making it easier to keep an eye on and execute your trades while you’re on the move.


See Bridges Financial Services Pty Ltd's platforms

Bridges Financial Services Pty Ltd review
Is the Bridges Financial Services Pty Ltd Trading Platform Secure?

Bridges Financial Services Pty Ltd safeguards the personal information of its clients through SSL encryption in its PC and mobile platforms. Bridges Financial Services Pty Ltd also urges its clients through its web platform to always look for the SSL security sign (a lock sign) o the browser while operating Bridges Financial Services Pty Ltd.

Bridges Financial Services Pty Ltd review
Bridges Financial Services Pty Ltd Trading Platform Options

Once you have logged into your Bridges Financial Services Pty Ltd account you will see the below trading platform options available to you.

  • MetaTrader 4 (MT4)

Bridges Financial Services Pty Ltd does not offer the MetaTrader 5 (MT5) trading platform. If you are looking for a online platform that does support MT5 click here

Bridges Financial Services Pty Ltd does not offer the cTrader trading platform. You can find a broker that supports cTrader here

Lets explore each of these trading platforms in detail and what options Bridges Financial Services Pty Ltd gives you.

Bridges Financial Services Pty Ltd review
Bridges Financial Services Pty Ltd MetaTrader 4 (MT4)

Bridges Financial Services Pty Ltd MetaTrader 4

MetaTrader 4 also known as MT4 is the number one trading platform on the planet and has been in active use on financial markets since 2005. The MetaTrader 4 software delivers a feature-rich, user-friendly interface and an extremely customisable trading environment, designed to ful fill all of your trading needs and boost your trading performance. Charting functionality and advanced order management tools make certain you could monitor your positions quickly and economically.

Understand that the MetaTrader 4 (MT4) trading platform was developed primarily to trade Forex but you can also trade other types of financial instruments through CFDs and Spread Betting. You will not be able to trade Stocks, Indices, Commodities, ETFs, Futures on any MetaTrader 4 (MT4) platform unless they are CFD contracts or Spread bets. You will not own any underlying assets with CFDs or Spread bets as you are speculating on price movements with Bridges Financial Services Pty Ltd. You can learn more about the MT4 Platform here.

You can start using the MetaTrader 4 platform with Bridges Financial Services Pty Ltd in multiple formats including through an online web platform, Through a downloadable application for Windows PC's and Apple Macintosh computers. Bridges Financial Services Pty Ltd MetaTrader 4 is compatible with the latest macOS Mojave. Bridges Financial Services Pty Ltd allows traders to trade on mobile devices through Android and IOS devices like the iPhone.

Metatrader 4 Webtrader on Bridges Financial Services Pty Ltd

MetaTrader 4 is the most popular trading platform in the world as most and more traders begin to trade online Metatrader 4 is available as a web based application available through your web browser. MetaTrader 4 web software provides the same easy to use performance as the desktop version using advanced charting, a highly customisable trading environment, easy to access online trading tools and many different indicators. You can enjoy our Raw Pricing trading environment without a Dealing Desk from anywhere in the world.

Trade Bridges Financial Services Pty Ltd MetaTrader 4 on IOS Devices

You can download the Bridges Financial Services Pty Ltd app or also trade with Bridges Financial Services Pty Ltd through the MetaTrader 4 application on the Apple app store.

Download the Metaquotes MetaTrader 4 Program for free of charge from Apple's App Store. IC Markets customers have instant access to this Financial markets, with the ability to completely manage a Portfolio on the go.

Trade Bridges Financial Services Pty Ltd MetaTrader 4 on Android Devices

Andorid mobile devices and tablets are used by millions of people globally. Bridges Financial Services Pty Ltd provides its clients access to the MetaTrader 4 platform on Android supported devices so that customers can monitor the financial marketplace and trade directly from their Android-based Smartphones and tablets. The Android Bridges Financial Services Pty Ltd MetaTrader 4 Android application enable traders to make the most of multiple advanced trading features which enables them to monitor and trade Forex quickly on the go, simply and securely.

Trade Bridges Financial Services Pty Ltd MetaTrader 4 Trading Central

Trading Centrals Alpha Generation Indicators is a Bundle of three Major indicators including:

  • Analyst Perspectives - A go-to resource for leadership and key levels.
  • Adaptive Candlesticks - Identifies chart patterns which illustrate important changes in demand and supply.
  • Adaptive Divergence Convergence (ADC) - Much like MACD however useful at shorter lengths and provides more timely signs.

Bridges Financial Services Pty Ltd MetaTrader 4 Advanced Trading Tools

The Bridges Financial Services Pty Ltd advanced trading tools for MetaTrader 4 are aimed at improving the total trading experience and providing traders with a competitive advantage. Bridges Financial Services Pty Ltd offers access to 20 exclusive tools which includes feature rich trade execution & management programs, sophisticated notification alarms, messaging facilities, innovative market data & more.

Trade Bridges Financial Services Pty Ltd MetaTrader 4 MultiTerminal

MetaTrader 4 MultiTerminal provides a intuitive easy to use dashboard where traders can administer and supervise several trading accounts. MultiTerminal will let you manage over 100 Accounts simultaneously allowing you to place market orders, pending orders, view live market prices and track all accounts and equity at real time. All Trading accounts must be in on the same MetaTrader server. MultiTerminal doesn't support Automated Trading scripts like Expert Advisors.

Bridges Financial Services Pty Ltd MetaTrader 4 AutoChartist

Bridges Financial Services Pty Ltd Autochartist provides the world's first Market Scanner available for MT4 using a non-trading Expert Advisor script. Scan markets for trading opportunities while viewing all symbols and time intervals from a single graph. Gone are the days of launching a lot of graphs on which you can't remember which currency you're taking a look at. Autochartist offers a simple user interface that can be customized to suite how you like to trade.

Bridges Financial Services Pty Ltd Trading benefits :

  • Low min deposit

Bridges Financial Services Pty Ltd Trading Accounts Offered :

  • Mini account
  • Standard account

Can I try Bridges Financial Services Pty Ltd before I buy?

Bridges Financial Services Pty Ltd offer a demo account so you can try before putting down funding payments. Open a practice account & learn to trade

Your capital is at risk

Bridges Financial Services Pty Ltd withdrawal and funding methods.

Please note that the list of Bridges Financial Services Pty Ltd payment methods below depend on the Bridges Financial Services Pty Ltd Entity and the Clients Country of Residence.

Bridges Financial Services Pty Ltd offer the below funding payment methods. learn more about Bridges Financial Services Pty Ltd

Bridges Financial Services Pty Ltd Payment Methods

  • Bridges Financial Services Pty Ltd accepts Bank Transfer
Broker bridgesfinancialservicesptyltd eToro IC Markets XTB
Bank transfer Yes Yes Yes Yes
Credit Cards No Yes Yes Yes
Paypal No Yes Yes Yes
Skrill No Yes Yes Yes
Payoneer No Yes No Yes
Neteller No Yes Yes Yes

How can I start trading with Bridges Financial Services Pty Ltd?

When opening a trading account with Bridges Financial Services Pty Ltd, you will need to sign up here. Once you have received your login details by email, submitted your identification documents for account validation, and made a deposit; the next step is to download the trading platform of your choice. You can find detailed guidance on Bridges Financial Services Pty Ltd trading platforms here.

Your capital is at risk

Performing trades with Bridges Financial Services Pty Ltd

Bridges Financial Services Pty Ltd allow you to execute a minimum of trade of varies. This may vary depending on the account you open. Bridges Financial Services Pty Ltd allow you to execute a maxium trade of varies.

As a market maker, Bridges Financial Services Pty Ltd may have lower entry requirements compared to an ECN broker who benefits from a higher volume of trades and typically have larger capital and minimum trade requirements. Market makers typically have lower minimum deposit, smaller minimum trades requirements and no commission on trades.

As with most brokers, margin requirements do vary depending on the instruments.

Bridges Financial Services Pty Ltd Leverage and Bridges Financial Services Pty Ltd CFDs Explained

let's take a look at some of the basics of using Bridges Financial Services Pty Ltd leverage.

Bridges Financial Services Pty Ltd offer CFD are a leveraged product for this example we describe ten times leverage.

So you have a ten thousand dollar position but you only tie up a thousand dollars a tenth of the value on your account. You have a situation where a small sum of money is controlling a much bigger financial position. This is your leverage.

So what effect does leverage have on your profits and losses well put simply it magnifies them in both directions.

Bridges Financial Services Pty Ltd leverage magnifies both profits and losses when trading.

Let's say for example you buy ten thousand dollars worth of General Electric (GE) using contracts for difference ( CFDs ) using the Bridges Financial Services Pty Ltd trading platform.

let's say General Electric (GE) rises 10% because its results are positive your position which was worth ten thousand dollars is now worth $11,000.

It's grown by $1000 10% in value this represents a hundred percent increase on the funds initially committed on your leverage CFD trade.

Our initital investment of ten thousand dollars for the trade and has made a thousand dollars in profit because the price is up ten percent.

The Bridges Financial Services Pty Ltd leverage goes both ways. If General Electric (GE) Falls 10% on week results your position which was worth ten thousand dollars is now worth only nine thousand dollars. It has fallen by a thousand dollars.

Bridges Financial Services Pty Ltd CFDs are typically used for short to medium term trades. For example Bridges Financial Services Pty Ltd intraday trading.

Education resources at Bridges Financial Services Pty Ltd

To trade effectively with Bridges Financial Services Pty Ltd, it's important to get a have a good understanding of the Bridges Financial Services Pty Ltd trading tools and the markets.

Bridges Financial Services Pty Ltd offer a good selection of educational resources. Spend some time reading up on how the markets and trading works, making active trades, active trading times, and managing risk.

Having an analytical approach may be a good way to approach trading with Bridges Financial Services Pty Ltd.

Take time to look around the Bridges Financial Services Pty Ltd platforms and train yourself to think more systematically and logically about the markets. It's a new skill-set for many, but it is what the market requires of you.

Customer Support at Bridges Financial Services Pty Ltd

Bridges Financial Services Pty Ltd support a wide range of languages including English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian,Hindi, Hebrew, Arabic, Russian

Bridges Financial Services Pty Ltd have a D grade support rating because because sometimes the response was slow or our query wasnt answered. Bridges Financial Services Pty Ltd less customer support features compared to other brokers like live chat, phone and email support. email support and supports a limited amount of Languages. Live chat support supports a limited amount of Languages. Phone support supports a limited amount of Languages.

Livechat Support at Bridges Financial Services Pty Ltd

We tested the Bridges Financial Services Pty Ltd live chat and it works well. We sent messages to Bridges Financial Services Pty Ltd livechat through their app and website and recieved a response within 20 minutes. Sometimes there was no response.

We tested communicating with Bridges Financial Services Pty Ltd support in multiple languages in multiple countries. Bridges Financial Services Pty Ltd where able to resolve our customer issues.

Email Support at Bridges Financial Services Pty Ltd

We sent several emails to Bridges Financial Services Pty Ltd and answer times overall were excellent. The fastest response from Bridges Financial Services Pty Ltd was 4 hours and the slowest response was 5 days. Sometimes there was no response. Support response times may vary for you with Bridges Financial Services Pty Ltd, but this was our experience sending 10 emails at varying times.

The team resolved and answered our queries. Overall average email support from Bridges Financial Services Pty Ltd.

Phone Support at Bridges Financial Services Pty Ltd

We called Bridges Financial Services Pty Ltd and the call was answered very quickly. The call was answered in less than 5-10 minutes.

The Bridges Financial Services Pty Ltd phone support team were able to successfuly answer our questions and issues over the phone. We tested the multilingual Bridges Financial Services Pty Ltd team by calling in varying languages. Bridges Financial Services Pty Ltd made an effort to make sure our queries were answered.

Overall the phone support from Bridges Financial Services Pty Ltd was okay.

See how Bridges Financial Services Pty Ltd Support Compares Against Other Brokers

Broker bridgesfinancialservicesptyltd eToro IC Markets XTB
Support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
Languages English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian,Hindi, Hebrew, Arabic, Russian English, German, Spanish, French, Italian English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian, and Turkish
Learn More Visit Bridges Financial Services Pty Ltd Visit eToro Visit IC Markets Visit XTB
Risk Warning Your capital is at risk 71% of retail investor accounts lose money when trading CFDs with this provider. Losses can exceed deposits 82% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

What you will need to open an account with Bridges Financial Services Pty Ltd

As Bridges Financial Services Pty Ltd is regulated by Unregulated, every new client must pass a few basic compliance checks to ensure that you understand the risks of trading and are allowed to trade. When you open an account, you'll likely be asked for the following, so it's good to have these handy:

Be aware Please kindly note that the expiration date of Proof of address document for different entities under Bridges Financial Services Pty Ltd Brand may be different.

  • A scanned colour copy of your passport, driving license or national ID
  • A utility bill or bank statement from the past three months showing your address

You'll also need to answer a few basic compliance questions to confirm how much trading experience you have, so it's best to put aside at least 3 minutes or so to complete the account opening process.

While you might be able to explore Bridges Financial Services Pty Ltd's platform straight away, it's important to note that you won't be able to make any trades until you pass compliance, which can take up to several days, depending on your situation.

To start the process of opening an account with Bridges Financial Services Pty Ltd you can visit the Bridges Financial Services Pty Ltd trading platform here.

CFDs are leveraged products and can result in the loss of your capital. All trading involves risk. Only risk capital you're prepared to lose. Past performance does not guarantee future results.
This post is for educational purposes and should not be considered as investment advice. All information collected from https://www.bridges.com.au on November 27, 2020.

Bridges Financial Services Pty Ltd review
Is Bridges Financial Services Pty Ltd A Good Broker?

We spent over 3 months examining Bridges Financial Services Pty Ltd in depth. Although we found some very useful aspects of the Bridges Financial Services Pty Ltd platform that would be useful to some traders. Overall our feeling is that you would be better served with an alternative Bridges Financial Services Pty Ltd broker.

Bridges Financial Services Pty Ltd Risk Disclaimer

Your capital is at risk

Bridges Financial Services Pty Ltd review
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Bridges Financial Services Pty Ltd review
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Bridges Financial Services Pty Ltd review
BRIDGES FINANCIAL SERVICES PTY LTD Frequently Asked Questions

Can I try Bridges Financial Services Pty Ltd before I buy?

Bridges Financial Services Pty Ltd do not offer a demo account so it looks like you will have to sign up for at least a trial period. Learn more here

What funding methods do Bridges Financial Services Pty Ltd accept?

Please note that the list of payment methods below depend on the Bridges Financial Services Pty Ltd Entity and the Clients Country of Residence.

Bridges Financial Services Pty Ltd offer the following funding payment methods Bank Transfer, among other payment methods.
Learn more here

Your capital is at risk

Is Bridges Financial Services Pty Ltd safe?

While Bridges Financial Services Pty Ltd may not be considered unsafe, they are not regulated or supervised by any major regulatory body. Depending on your trading style this may be okay. We recommend you trade with a regulated broker.Any payments funded to Bridges Financial Services Pty Ltd accounts by traders are held in a segregated bank account. For added security Bridges Financial Services Pty Ltd use tier-1 banks for this. Tier 1 is the official measure of a banks financial health and strength.

Is Bridges Financial Services Pty Ltd trading good?

Bridges Financial Services Pty Ltd is considered good and reputable to trade with Bridges Financial Services Pty Ltd. Bridges Financial Services Pty Ltd is used by over 10000 active traders and Bridges Financial Services Pty Ltd users. Bridges Financial Services Pty Ltd offers Forex trading, CFD trading, Spread Betting trading, and Share Dealing trading. Minimum deposit with Bridges Financial Services Pty Ltd is 100.

Is Bridges Financial Services Pty Ltd trading Legit?

Bridges Financial Services Pty Ltd was founded in Australia in 2014. Bridges Financial Services Pty Ltd has been facilitating trade on the financial markets for over 6 years. Bridges Financial Services Pty Ltd offers clients Forex trading, CFD trading, Spread Betting trading, and Share Dealing trading. All funds deposited to Bridges Financial Services Pty Ltd are held in segregated tier 1 bank accounts for security. Bridges Financial Services Pty Ltd is not regulated. Although this doesnt mean Bridges Financial Services Pty Ltd are awful, we recommend trading with regulated brokers.

Is Bridges Financial Services Pty Ltd a good broker?

Bridges Financial Services Pty Ltd is overseen by the top tier financial regulators Unregulated so can be considered a good broker. Bridges Financial Services Pty Ltd allows Forex trading, CFD trading, Spread Betting trading, and Share Dealing trading.

Is Bridges Financial Services Pty Ltd trustworthy broker?

While having many plus points because Bridges Financial Services Pty Ltd is not regulated we personally would not trade with them. Make any broker you trade with is regulated and places any funded money into segregated tier 1 bank accounts. If your money is in a segregated bank account the broker has no direct access to your funds so cannot misappropriate your money.

What is the minimum deposit for Bridges Financial Services Pty Ltd?

The minimum deposit to trade with Bridges Financial Services Pty Ltd is 100.

How long do Bridges Financial Services Pty Ltd withdrawals take?

Withdrawing money from Bridges Financial Services Pty Ltd processing time varies but averages 2-5 days.

Is Bridges Financial Services Pty Ltd regulated?

Bridges Financial Services Pty Ltd is not regulated by a top tier financial regulator.

Is Bridges Financial Services Pty Ltd a market maker?

Bridges Financial Services Pty Ltd is a not a market maker. A market maker speeds up trading as a market maker will purchase your stocks and commodities even is a buyer is not lined up.

How can I start trading with Bridges Financial Services Pty Ltd?

When opening a trading account with Bridges Financial Services Pty Ltd, you will need to sign up here. Once you have received your login details by email, submitted your identification documents for account validation, and made a deposit; the next step is to download the trading platform of your choice. You can find detailed guidance on Bridges Financial Services Pty Ltd trading platforms here.

Is my money safe with Bridges Financial Services Pty Ltd?

Bridges Financial Services Pty Ltd is regulated by Unregulated. One of the most important criteria for traders when choosing a broker like Bridges Financial Services Pty Ltd is the regulatory body and regulatory status of the broker. Brokers who conduct business without regulation do so at their own discretion and pose a direct risk to the security of their clients money.

Regulated brokers will not manipulate market prices. When you send in a withdrawal request to Bridges Financial Services Pty Ltd, this will be honored. If they violate any regulatory rules their regulated status can be stripped.

Is Bridges Financial Services Pty Ltd a con?

While we would noy say that Bridges Financial Services Pty Ltd is a con. Because they are not regulated by a top tier financial regulator we would not trade with them.

Can you make money with Bridges Financial Services Pty Ltd?

Although traders have had great success with Bridges Financial Services Pty Ltd. Trading on the financial markets with Bridges Financial Services Pty Ltd is not a get rich scheme. If you educate yourself, practise with a demo account and carefully plan your trading your chance of success will greatly increase. Never trade with money you cannot afford to lose. Your capital is at risk.

Does Bridges Financial Services Pty Ltd have fees?

Bridges Financial Services Pty Ltd withdrawal fees varies on payment method. Bridges Financial Services Pty Ltd does charge a fee for inactive accounts. Bridges Financial Services Pty Ltd does charge deposit fees.

When was Bridges Financial Services Pty Ltd founded?

Bridges Financial Services Pty Ltd was founded in 2014.

How many people use Bridges Financial Services Pty Ltd?

Bridges Financial Services Pty Ltd is used by over 10000 registered Bridges Financial Services Pty Ltd users.

What is Bridges Financial Services Pty Ltd Headquarters country?

Bridges Financial Services Pty Ltd has its head quarters office in Australia.

Does Bridges Financial Services Pty Ltd offer negative balance protection?

Bridges Financial Services Pty Ltd does not offer negative balance protection. With Negative balance protection means traders cannot lose more money than they have deposited.

Does Bridges Financial Services Pty Ltd offer guaranteed stop loss?

Bridges Financial Services Pty Ltd does not offer guaranteed stop loss. With guaranteed stop loss protection risk is managed. Traders are guarenteed to close your trade at your specified price. Stop Loss orders are guaranteed only during market hours and under normal trading conditions.

Does Bridges Financial Services Pty Ltd allow scalping?

Bridges Financial Services Pty Ltd does not offer scalping.

Does Bridges Financial Services Pty Ltd allow hedging?

Bridges Financial Services Pty Ltd does not offer hedging.

Does Bridges Financial Services Pty Ltd offer CFD trading?

Bridges Financial Services Pty Ltd offers CFD trading.

Does Bridges Financial Services Pty Ltd offer STP?

Bridges Financial Services Pty Ltd does not offer STP trading.

How many people use Bridges Financial Services Pty Ltd?

Bridges Financial Services Pty Ltd is used by over 10000 Bridges Financial Services Pty Ltd users and traders.

Is Bridges Financial Services Pty Ltd an ECN broker?

Bridges Financial Services Pty Ltd does not offer ECN trading.

Does Bridges Financial Services Pty Ltd offer a demo account?

Bridges Financial Services Pty Ltd does not offer demo account.

Does Bridges Financial Services Pty Ltd offer an Islamic account?

Bridges Financial Services Pty Ltd does not offer Islamic accounts.

What are the funding methods for Bridges Financial Services Pty Ltd?

Bridges Financial Services Pty Ltd accept the following funding methods : Bank Transfer.

Bridges Financial Services Pty Ltd review written by Andrew Blumer and Mark Hansen

We hope you found our review of the Bridges Financial Services Pty Ltd brokerage firm useful.

This article was written by our financial editor Mark Hansen and Andrew Blumer.

Mark was previously of the Kiel Insitute and has worked with financial organisations across Europe, Australia, South East Asia, South Africa and the Middle East. Mark has over 15 years experience in financial analysis, forecasting, financial modeling idenifying new market opportunities in Stocks, CFD's, Forex and Commodities.

Andrew has a well-established career in fintech and came up with comparebrokers.co to make trading on financial markets more transparent and accessible.

Whether you want to trade Forex, Stocks, Commodities or Indices we will help you find the best online broker for you from 400+ brokers for clients based in the UK, Europe, Asia, South Africa and Australia.

Bridges Financial Services Pty Ltd review written by Mark Hansen of Comparebrokers.co