Note: Because The Official Website Of TradeBaionics (https://www. TradeBaionics.com/) Was Not Accessible At The Time Of Writing This Introduction, It Can Only Be Roughly Understood From The Internet.
General Information And Regulations
TradeBaionics Is Purportedly An Unregulated And Blacklisted Forex Broker Registered In The United Kingdom, Claiming To Offer Its Clients Forex Trading With Leverage Up To 1:200 And Floating Spreads On A Web-based Trading Platform.
Market Tools
TradeBaionics Is A Forex Broker That Mainly Offers Forex Trading, However, Due To Its Broken Links, We Are Unable To Obtain Further Details About The Trading Asset Class.
Leverage
Offers A Leverage Ratio Of Up To 1:200 TradeBaionics, Which Is Much Higher Than What Most Brokers Offer. Inexperienced Traders Are Advised Not To Use Excessive Leverage, As Leverage Amplifies Gains And Losses.
Spreads & Commissions
As In Testing The TradeBaionics Demo Network Account, The Spread For The Benchmark EUR/USD Pair Fluctuates Around 0.8 Pips. As For Commissions, The Broker States That It Does Charge Some Commissions And That The Commission Amount Is A Percentage Or A Fixed Percentage Of Your Trade Size.
Trading Platforms Available
Platforms Available For Trading TradeBaionics Is A Web-based Trading Platform. Anyway, We Recommend You To Use Mt4 Or Mt5 As Your Trading Platform. Forex Traders Praise Metatrader For Its Stability And Trustworthiness As The Most Popular Forex Trading Platform. Expert Advisors, Algorithmic Trading, Complex Indicators And Strategy Testers Are Some Of The Complex Trading Tools Available On The Platform. There Are Currently Over 10,000 Trading Apps Available On The Metatrader Market For Traders To Use To Improve Performance. By Using The Right Mobile End Points, Including Ios And Android Devices, You Can Trade Anytime, Anywhere Via Mt4 And Mt5.
Deposit And Withdrawal
As Stated In The Terms And Conditions, TradeBaionics States Accept Credit/debit Card Payments, Bank Transfers, And E-wallet Payments. The Broker Does Not Seem To Know What The Initial Minimum Deposit Requirement Is, Saying In The Account Type Information That It Will Cost $250 For One Place And $500 For Another, Up To A Maximum Of $10,000.
Bonuses
TradeBaionics Says To Offer Multiple Types Of Bonuses, Including Welcome Bonuses, But Does Not Elaborate On These.
Customer Support
TradeBaionics Can Be Contacted By Phone At: + 442030052502, + 442030052038 Or Email: Support @TradeBaionics.com. Company Address: 60 Queen Victoria St, London Ec4n 4tz, United Kingdom.
