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BANX Trading

BANX Trading
SKU:
Brand: Forex Broker
Category: Forex Broker

  • Platform

  • Min deposit

  • Min lot

  • Spreads

  • Broker Type

  • Regulated

Our Rating

The overall rating is based on review by our experts

5
  • Broker Customer Service 5 / 10
  • Broker Features 5 / 10
  • Forex Pricing 5 / 10
  • Trading Platform Connectivity 5 / 10
  • Trading Platform Usability 5 / 10

BANX Trading is a Forex Broker . It started opening it’s doors to clients in 2015 , establishing it’s offices in Germany , . BANX Trading (Forex Broker) offers various trading accounts: Mini Account, Standard Account, ECN Account and the minimum deposit for Trading in Forex (FX) is $1.

broker1} offers accounts in: USD Account, EUR Account, GBP Account, CHF Account with variable spreads. The lowest spread offered in EuroDollar is 0.6 pips Mini account.
It’s platform (MT4 Desktop/Mobile/iOS, Web Trader, LCG Trader ) can be traded on Desktop|Mobile|iOS| , it offeres a Rebate on the spread. feed. The platform is set on GMT and it offers a 5 digits decimal spacing on it’s forex pairs. It’s Forex (FX) accounts offer a leverage of 300 : 1 Standard Account

On it’s platforms: MT4 , Web Trader, LCG Trader, you can set Trailing Stoploss, OCO orders, One click trading, furthermore it offers Mobile trading, Webtrading and 44 fx pairs. Among the foreign exchange products you can also trade, Gold, Silver, Commodities, Energies.

broker1} (Forex Broker) is regulated by not regulated, and is a Introducing broker for LCG..

For all those wondering on the payment and withdrawal method, here is a list of funding methods:

Payments:Bank Wire, Credit Card

Withdrawals from your FX account:Bank Wire, Credit Card

BANX Trading - Specs

Broker

Broker Type ECN/STP | STP | Market maker
Broker Country Germany
Regulation not regulated
Indipendant Broker Introducing broker for LCG.
Year in Industry 2015

Account

Accept US Clients No US clients
Mini account deposit $1
Standard account deposit $1
ECN account deposit $10000
Trading account currency USD Account, EUR Account, GBP Account, CHF Account
Leverage Account 300 : 1 Standard Account
Minimal size lot 0.01 lot
Leverage Mini account Mini Account, Standard Account, ECN Account

Payments

Funding method Bank Wire, Credit Card
Withdrawal method Bank Wire, Credit Card

Costs

Commissions yes & no
Costs & Spreads variable
Costs/Lowest spreads on EURUSD 0.6 pips Mini account

Trading

Premium trading Rebate on the spread.
Scalping yes
Hedging
EAs allowed yes

Platform

Trading platform type MT4 Desktop/Mobile/iOS, Web Trader, LCG Trader
Platform time zone GMT
Decimal pricing 5 digits
Trailing stops Trailing Stoploss
OCO orders OCO orders
One click One click trading
Mobile trading
Webtrading

Products

Currency pairs 44 fx pairs
Gold Silver Gold, Silver
CFD Trading CFD trading
Other instruments Commodities, Energies

Other

MAM PAMM LAMM no
Managed Accounts No
Swap free accounts Yes
Segregated client accounts

Promotions and Offers

Bonuses (T&Cs apply) Yes
Contests No

BANX Trading - Reviews

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  • Rate this Product

  • Funds deposit/withdrawal process, Support, Integrity.
    5
  • Currencies variety, API, News service, etc.
    5
  • Spreads, Spreads during news, Fees, Execution.
    5
  • Bluetooth, Wi-fi connectivity, data trnasfer speed, internet browsing and interfaces.
    5
  • What do you feel about usability and speed of UI (user interface), messaging, calling, contacts management, call history, notifications and internet browsing?
    5
  • 6 / 10 based on your selection