BetOnFinance Betting Review

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BetOnFinance Review 2020

BetOnFinance is closed.

BetOnFinance corresponds to online trading internet platform that enabled traders to bet on financial stocks in a pre-defined time frame. This online platform shows different trading experience and represents a whole new approach towards betting. The principles of BetOnFinance services are the combination of traditional horse betting and online trading with various financial assets. This way, instead of betting on horses, traders can bet on the financial market.

BetOnFinance, regulated by the Danish Government, offers an interesting new betting concept which was only available to Danish citizens.

This betting platform is operated by BetOnFinance Limited which is located in Malta.

In the meantime, BetOnFinance has been regulated by Maltese MGA which automatically enabled trading for other traders.

BetOnFinance Account Features

Our BetOnFinance review has shown this online betting platform provides innovative and interesting services for various types of users. The principle of betting with BetOnFinance is identical as horse betting. Some bettors are maybe tired of traditional betting, so this novelty might be interesting to those. BetOnFinance platform is adapted to the 21st century and it makes betting fun and easy. In order to start betting, bettors have to select a stock first. After this, bettors need to decide how this stock will perform in selected time frame. Bettors decide on their betting amount and place a bet according to their preferences. There are numerous betting options available and bettors have to option to enjoy different betting approach with BetOnFinance.

BetOnFinance provides two different betting accounts. One account provides demo services and it is available for everyone, while second account is Real BetOnFinance account and traders need to invest real funds in order to bet.

BetOnFinance Free Competitors Account

This account enabled trading for all traders that want to interact with financial stocks for free. BetOnFinance enabled this demo account with 5000 of virtual money so bettors can spend it according to their preferences. Traders who register with BetOnFinance Free Competitors account can use given virtual funds for weekly competitions. Traders can trade with demo account as long as they have virtual funds on their account.

BetOnFinance Real Play Account

In our BetOnFinance review, we have found this platform offers Real Play account where traders can enjoy a great number of possibilities. BetOnFinance Real account is available from DKK. Such a low limit enables betting for beginners that don’t want to spend significant amounts of funds for their first bets. Besides approachable and low betting amount BetOnFinance welcomes their bettors with 100% Welcome Bonus for those traders who make a deposit over 100 DKK. in order to receive a welcome bonus, traders must reach required turnover of 5x.

Read more about BetOnFinance Bonuses in our detailed guide.

It is interesting to mention that BetOnFinance provides launch up bonuses of 200% for up to 1000 DKK.

BetOnFinance enabled traders to bet against each other, not against the house. In this case, when financial markets close those bettors who made precise predictions will share winning pool.

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BetOnFinance Trading Software

Our BetOnFinance review showed that traders are offered to choose between two betting platforms, depending on the type of betting account traders have chosen to trade with. According to BetOnFinance, separated platforms provide a better overview over betting portfolio. Traders that register with demo account doesn’t need to spend time looking for betting rules, bonuses or other information that is important for BetOnFinance real account. Each betting platform is visually approachable and it is easy to navigate, even for those who use it for the first time.

Betting with BetOnFinance is extremely easy, no matter if traders are using the demo or real account. On the left side of the platform, bettors will see Game selection with all listed options. The Proprietary platform offers users to choose a game type, market, time-frame and game type.

The right side of the BetOnFinance platform has placed a call to action buttons to ensure better overview over betting portfolio. Besides mentioned features, traders can also use various extra services like limiting loss and limiting amount tools. Those tools help bettors to improve their money management with their real account.

BetOnFinance betting platform has ensured plentiful possibilities for customization and adjusting the betting portfolio according to personal preferences and needs of every trader. It ensures the great betting experience for experienced bettors, but it’s simple enough so beginners can also understand it and use it.

BetOnFinance online platform has developed two trading interfaces: desktop and mobile. This way bettors can choose to bet with the preferable interface and adjust the platform according to their betting habits. BetOnFinance Mobile platform ensured betting services for modern bettors who want to place their bets no matter the place and time. Both trading interfaces have ensured bettors to place bets with top 30 stocks and indices in more time frames: ½ day, One day, One week and one month.

BetOnFinance Support Information

According to our BetOnFinance review, this betting provider enabled support for English and Danish. Bettors can contact support via email and Facebook. This is quite unusual since financial services usually don’t offer support through social networks. This great addition provides additional support services and moders bettors will probably like this type of communication. BetOnFinance has also enabled live chat support for all potential and current bettors that use BetOnFinance services.

Besides great customer support, BetOnFinance provides latest important news that may be important while deciding on which stocks traders will place bets. BetOnFinance has also ensured a financial calendar that may helpful.

Tip: Trade with reputable and regulated brokers on FX-Advisor.

BetOnFinance Review

This broker is closed for South Africa.

BetOnFinance is a unique internet trading platform which enables all interested South African traders a completely novel approach to financial trading.

They are operated and managed by BetOnFinance Ltd.

The main point of BetOnFinance is the possibility to bet on best or worst performing financial assets in a previously set time frame.

BetOnFinance skilfully combines aspects of traditional horse betting with trading with stocks as the underlying asset.

In doing so, traders on the South African market get to experience a completely new approach to trading.

In our BetOnFinance review, we also discovered that they are regulated and further in this review, numerous interesting and helpful info will be provided about this innovative approach to online trading.

How to Use BetOnFinance – South Africa

The first aspect of this unique online financial betting we inspected for our BetOnFinance review is the type of accounts they provide.

As this different approach allows South African traders to combine the horse-betting style of financial trading this could be a welcome change from the usual form of online trading.

Once South African traders finish the registration process which is done in 3 easy steps where South African traders have to provide their personal details as well as select the deposit currency (EUR, DKK, SEK).

After that South African traders need to make a deposit and the lowest amount is just 10 € while the betting starts at just 1€.

The BetOnFinance trading platform is modern, fun and easy to navigate.

To initiate the betting process, South African traders need to decide how a selected stock will perform in a pre-defined time frame.

Traders need to decide on the betting amount and place a bet. With BetOnFinance, South Africans have plenty of interesting betting options for a very diverse experience.

Furthermore, with BetOnFinance South African bettors have the option between two betting accounts. One is a useful demo account and the second one is the real account used in the actual betting process.

BetOnFinance Account Types

With BetOnFinance, two accounts are available for all interested traders and each presents a unique set of possibilities.

BetOnFinance Free Competitors Account

This is basically the demo account for those South Africans who wish to test the platform first.

The great thing is that this is a completely free account which has 5000 € so South African can test various available betting options.

Those South African traders who register with the free demo account can use it as long as they have virtual funds on the account.

BetOnFinance Real Play Account

On the other hand, the real account is called the Real Play account, which provides South Africans with plenty of betting opportunities.

We found in our BetOnFinance review, that traders may start the betting process with as little as 1€ which is ideal for beginners who do not wish to invest a huge amount of money before they gain some experience and knowledge.

Another interesting possibility provided by BetOnFinance is that traders may bet against one another and not against the house.

Once the financial markets close, those South African traders who made the right prediction shall share the winning pool.

BetOnFinance Trading Software Benefits

Our BetOnFinance review proved that traders are provided with two betting platforms, depending on the type of the account traders they have opted to use.

It is great that both account types, the demo and the real account, actually function on two separate platforms which provides a clear overview of the betting portfolio.

BetOnFinance trading software benefits include the easy usage no matter which account is selected by South Africans. The proprietary platform is well-organized so traders can see a Game Selection as well as all listed options on the left side.

South Africans can select the market, game type, game day and the time frame.

In our BetOnFinance review, we also discovered further trading software benefits such as the features for loss limits and tools limits. Both can be utilised by South African traders to improve their chances when betting on the real account.

At any rate, South Africans can adjust and personalise the preferences as they wish and it is simple enough to appeal to beginners but also to professionals.

Keeping in mind the fast pace of the modern life, South African bettors can also use two trading interfaces – mobile and desktop. The busy bettors can take advantage of the mobile app and conduct their financial betting regardless of the location.

No matter which interface South Africans choose, they will have at their disposal 30 stocks and time frames like a ½ day, One day, One week as well as One month.

BetOnFinance Customer Support

In our BetOnFinance review, we also inspected their customer support service. It would seem they have support in English and Danish.

Another interesting peculiarity about this platform is that South African traders may use a simple online pop-up form for communication but, South Africans can also use Facebook.

This is a contemporary and interesting approach which could be very interesting for those traders who prefer modern approach.

Also, traders can learn more by using the Bet School which is presented as a variety of available articles on their website.

There traders can find helpful info on finances and tips on how boost their skills when it comes to betting.

This can be seen as an educational section which can help significantly.

In that respect, the BetOnFinance platform is at once a place where South African traders can make profit but also improve their overall knowledge on finances.

Aside from this, interested bettors in South Africa can also use the News tab which keeps supplying interesting and helpful info concerning stocks.

There, South Africans can find daily updates focused specifically on stocks. Also, traders may also use the financial calendar.

BetOnFinance Banking Info

Lastly, in our BetOnFinance review, we also looked at the banking information which can be of use to South African traders.

Different types of payment methods are available for making deposits and withdrawals. South Africans can use MasterCard, Visa and Visa Electron.

Also, traders will be asked to provide documents which will serve as the proof of identity. Additionally, it must be kept in mind that BetOnFinance will not approve a withdrawal over 2,300 euros without the documents which are necessary like the copy of the photo ID, utility bill or bank statement as a proof of the address.

BetOnFinance Review

BetOnFinance represents a whole new concept of financial markets thanks to its innovative approach.

Now, traders can bet on worst and best performing financial assets in a pre-defined time frame, which makes betting more fun and interesting according to traders. BetOnFinance is operated by Fibetco ApS, Denmark. It is regulated by Danish Government, and Maltese MGA and this review will introduce this interesting new platform to the traders.

Conclusion:

We make it our mission to not recommend anything but the best – which, according to industry experts, is IQ Option, the top regulated broker for your country with a minimum deposit of ONLY $10!

Between 74-89 % of retail investor accounts lose money when trading CFDs

BetOnFinance Special features

BetOnFinance review showed that this really is a unique product on the market, as it enables all types of users to participate in financial markets, no matter their funds. The principles are the same as in horse betting, with the difference that there are stocks involved and not horses. The user has to choose a stock (ie. Google), decide how will it perform (for example, Top 3) and then bet their money. The concept is really easy to understand because it has been around for centuries, and now it is transferred to new media and adapted to the 21st century.

Real Play

BetOnFinance review showed that this type of account offers a great number of opportunities. Bets start from only €1 which makes this type of betting approachable for all users, even those who don’t have what would be considered significant funds in other types of financial investments. There are also many benefits like 100% welcome bonus for traders who make over €10 deposit with only 5x requested turnover.

Launch up bonus is 200%, up to €100.

In the case of BetOnFinance bettors bet against each other, and not against the house, so when the market closes, bettors who made good predictions share winner pools.

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Between 74-89 % of retail investor accounts lose money when trading CFDs

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BetOnFinance Trading software

When writing BetOnFinance review, our team found out that there are actually two platforms, one for each type of the account chosen. This prevents bettors from being confused and spending unnecessary time on looking for their opportunities, terms & conditions, rules on bonuses etc. Both websites are well designed and easy to navigate, even for those who are placing their bets for the first time.

Betting is easier than ever, as the platform provides a great overview over bets placed. On the left side, bettors will find Game Selection, where all options are listed when bettor sees the page for the first time. Users can select a game type, market, period and game day. On the right side is the column with call-to-action. The platform provides useful features for limiting loss, limiting amount betted and excluding the bettor from playing for a certain period.

BetOnFinance takes needs of bettors very seriously and is completely adjusted to their habits. As modern bettors place their bets no matter the place and time, BetOnFinance developed not only the desktop version of the platform but can also be used on the mobile and tablet.

If you want to trade with an award-winning licensed broker, we recommended using IQ Option

Between 74-89 % of retail investor accounts lose money when trading CFDs

BetOnFinance Support information

BetOnFinance review showed how the service is available in English and Danish The support can be contacted via email, and Facebook, which is quite rare when it comes to financial investments on the internet. FBO considers social networks a great addition and hopes this becomes a trend in the future as this type of communication is fast and convenient. Bettors and potential investors interested in paid account can also reach customer support via live chat.

The process of betting is well explained on the websites, and those articles provide sufficient information. The website for real betting publishes all important news that may influence the state financial markets. There is also a financial calendar available.

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BetOnFinance Payment Methods

In this BetOnFinance review, it is important to state how this financial investing platform is operated by Fibetco, company established in 2020. BetOnFinance is regulated by Danish, and Maltese MGA gambling authorities. Maltese license number is MGA/CL3/1140/2020.

Deposits and withdrawals can be made via bank transfer, Visa, Visa Electron and MasterCard. BetOnFinance has the right to set maximum deposit that may vary at their own discretion. BetOnFinance can request proof of identity when it comes to withdrawing money.

Conclusion:

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Between 74-89 % of retail investor accounts lose money when trading CFDs

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