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- on Mon Nov 21, 2016 1:15 pm
- Search in: Forex Serbia Blog
- Topic: BANX Trading Review by Forex Serbia
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BANX Trading is BANX GmbH`s premium online broker service for your CFD & Forex brokerage. BANX Trading provides access to the market for individual and institutional investors with various degrees of risk appetite and sophistication and offers a huge variety of services. This includes reliable regulations and multiple user-friendly trading platforms for trading various CFDs and currencies with attractive conditions.
- website: https://www.banxtrading.de
- regulation: FCA
- email: email@example.com
- contact phone: +49 (0) 0211 – 97177849
BANX Trading stands for reliable regulations through the British Financial Conduct Authority (FCA). In terms of deposit protection BANX Trading uses the reliable Financial Services Compensation Scheme (FSCS), which protects the customers assets up to an amount of £50,000, for example in the event of a companies insolvency.
Multiple trading platforms
BANX offers a suite of products that include the MetaTrader 4, which provides multiple trading systems automation via Expert Advisors (EAs), indicators, charting tools and convinces with a professional user interface. In addition customers can also choose to trade through the WebTrader, developed by BANX themselves. The company is one of the few online platforms to offer this variety of options.
Trading CFDs and Forex
Customers are able to profit from a Forex-based choice of over 44 different currency pairs. When it comes to CFDs, BANX offers thousands of shares, indices, commodities and metals - all with customer friendly conditions. There are no additional fees for buying or selling CFDs. DAX and Dow Jones are the most popular Index-CFDs starting at a spread of 1 point or even 0.9 points. Information on actual specific spreads can be found on the website, which supports a transparency of trading conditions.
A demo account enables the trader to get initial experiences in trading Forex or CFDs with virtual assets, to test trading strategies without any risk, and to look at trading platforms without any actual investment. To open a demo account with BANX Trading, you only need to submit a name, an email address and a phone number and agree to the data being used by the company solely for reasons of the related request.
Only one type of account
Instead of offering multiple accounts with different conditions and services, BANX purposely provides only 1 account type. Every customer is being treated the same and has access to the same attractive spreads.
Deposit by bank transaction or credit card
To be able to trade, customers need to make an initial deposit into their trading account. This can be done by credit card or bank transaction. In the future, there might be the possibility of extending this service and also allowing other forms of deposits.
BANX is successfully working with ATT Trading, their strong partner for trading trainings. Additionally BANX regularly publishes market studies for numerous Underlying and provides a personal support for their customers. First-time traders can gain theoretical and practical experience without any prior knowledge in trading CFDs or Forex though the available demo account and the personal support.
#BANX Trading is a safe, regulated and reliable forex cfd broker.