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/10

BANX

Germany|5-10 years|
Suspicious Regulatory License|Suspicious Scope of Business|High potential risk|

https://banxbroker.com/

Website

Rating Index

Influence

Influence

D

Influence index NO.1

Bulgaria 2.64

Surpassed 45.50% brokers

Biz AreaSearch StatisticsAdvertisingSocial Media Index

Contact

+49 211 – 97177850
service@banxtrading.de
https://banxbroker.com/

Licenses

No valid regulatory information, please be aware of the risk!

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

Open Now

Contact number

English

+49 211 – 97177850

Broker Information

More

Company Name

BANX Broker

Company Abbreviation

BANX

Platform registered country and region

Germany

Company website

Pyramid scheme complaint

Expose

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Warning: Low score, please stay away!
Previous Detection : 2024-03-28
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

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BANX · Company Summary

General Information

BANX presents itself as a professional online brokerage services provider based in Düsseldorf, Germany, allegedly offering its clients access to a wide selection of trading instruments, including Forex Exchange, Shares and ETFs, Bonds, CFDs, on more than 150 exchanges in over 30 countries in Asia, Europe, and North America.

Please note that BANX is not subject to any regulation to provide trading-related services, please be aware of the risk, according to WikiFX.

Products

BANX says it offers its clients access to diversified trading instrument options, including Stock & ETFs, Options & Futures, Foreign Exchange, Bonds, CFDs, Mutual Funds, Metals, Spreads, Hedge Funds, and EFPs.

Opening a securities account

A Margin deposit (Reg T Margin) can only be opened at the age of 21. Traders on a margin basis are possible with this account and a deposit of at least 3,000 EUR or the equivalent amount of other currencies is required to open the deposit.

A Cash deposit can be opened at the age of 18. The minimum deposit is 3,000 EUR or an equivalent amount of other currencies. To buy shares, options, or futures via the Cash account, this account must always have sufficient liquidity.

Commissions

BANXs “Commission” section displays detailed commissions for a particular instrument. For instance, commissions for the EUR is 0.4 basis point trade value, minimum per order of EUR 4.00.

Example:

100.000 EUR/USD

Exchange Rate EUR/USD =1.05

Buy 100.000 EUR and sell 105.000 USD

Commission: 0.00004 x 105.000 USD=4.20 USD.

Trading Software

BANX offers a series of trading software, including Trading Software TWS 4.0, Mobile Trader, Smart Routing, and API Solutions.

Customer Support

Traders with any inquiries, or any trading-related issues can get in touch with this brokerage through the following channels:

Telephone: +49-211 – 971-77-850

Email: service@banxbroker.de

A contact form

Service time: Monday to Friday, from 9:00 a.m to 6:00. p.m.

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FlowerCool
more than one year
A good broker with which to work quietly, speed competent, good communication with their advisors, something interesting in the times that we are.
2023-02-23 17:50
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