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FXBankseeding

United Kingdom|2-5 years|
High potential risk|

https://fxbankseeding.com/

Website

Rating Index

Contact

fxbseeding@gmail.com
https://fxbankseeding.com/

Licenses

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

Single Core

1G

40G

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Contact number

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Broker Information

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Company Name

FXBank Group

Abbreviation

FXBankseeding

Platform registered country and region

United Kingdom

Company website

Pyramid scheme complaint

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Warning: Low score, please stay away! 5
Previous Detection : 2024-11-06
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The number of this brokers's negative field survey reviews has reached 1. Please be aware of the risk and the potential scam!
  • The CyprusCYSEC regulation (license number: 178/12) claimed by this broker is suspected to be clone. Please be aware of the risk!
  • The United KingdomFCA regulation (license number: 730729a) claimed by this broker is suspected to be clone. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

FXBankseeding · WikiFX Survey
Danger A Visit to FXBank Group in UK - No Office Found
United Kingdom

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FXBankseeding · Company Summary

FXBankseedingReview Summary
Founded2-5 years
Registered Country/RegionUnited Kingdom
RegulationSuspicious Clone
Market InstrumentsForex, Commodities, Indices, Stocks, and Cryptocurrencies
Demo Account
LeverageUp to 1:2000
SpreadAs low as 0
Trading PlatformMT4
Min Deposit$100
Customer SupportEmail: fxbseeding@gmail.com

FXBankseeding Information

FXBankseeding is a Suspicious Clone broker that provides various trading instruments including forex, commodities, indices, stocks, and cryptocurrencies. The maximum leverage of FXBankseeding is 1:2000. FXBankseeding also offers standard accounts with spreads of 1 pips and ECN accounts with commissions of $1 per lot.

Pros and Cons

Pros Cons
Leverage up to 1:2000Suspicious Clone
ECN and MT4 availableOnly email contact
Have demo accountsLeverage up to 1:2000
Various trading instruments: Forex, Commodities, Indices, Stocks, and Cryptocurrencies
Spreads as low as 0

Is FXBankseeding Legit?

FXBankseeding is a Suspicious Clone even though it claims to be regulated by the FCA and CySEC with license numbers 730729a and 178/12 respectively.

Is FXBankseeding Legit?
Is FXBankseeding Legit?
Is FXBankseeding Legit?

What Can I Trade on FXBankseeding?

Forex, commodities, indices, stocks, and cryptocurrencies are FXBankseeding's tradable Instruments. Forex involves trading currency pairs divided into primary, secondary, and exotic. Traders, without owning the underlying assets, can trade commodities, indices, stocks, and cryptocurrencies through CFDs.

Tradable Instruments Supported
Forex(Currency Pairs)
Commodities
Indices
Stocks
Cryptocurrencies
Precious Metals
Shares
ETFs
Bonds
Mutual Funds

Account Type

FXBankseeding provides standard and ECN accounts. The standard account's leverage is up to 1:2000, while the ECN account's is 1:200. Both accounts offer demo accounts.

Account Type StandardECN
Maximum Leverage1:20001:200
Minimum Spread(pips)10
Minimum Deposit($)100100
Commission($, per lot)01
Demo Accountyesyes

FXBankseeding Fees

The standard account does not require commission but the minimum spread required is 1pips, while the ECN account does not require spread but the commission is $1 per lot.

Leverage

The maximum leverage is 1:2000 meaning profits and losses will be expanded 2,000 times.

Trading Platform

FXBankseeding supports traders using MT4, which is more suitable for novices than MT5.

Trading PlatformSupported
MT4
Trading Platform

Deposit and Withdrawal

The minimum spread is $100, which is a relatively low deposit. FXBankseeding offers a variety of payment methods such as credit/debit cards, bank wire transfers, and e-wallets.

Credit/Debit cards include Visa、Mastercard、Maestro、American Express、and UnionPay, while e-wallets include Skrill、Neteller、WebMoney、FasaPay. Bank wire withdrawals require a $25 handling fee. Deposits are usually processed within 24 hours, while withdrawals can take up to 5 working days.

Customer Support Options

FXBankseeding only accepts email contact, which means that traders in emergencies need more time than phone calls and online chats.

Contact Options Details
Email fxbseeding@gmail.com
Supported Language English
Website Language English
Physical Address Not mentioned

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