Basic Information
Registered Region 
United Kingdom
United KingdomOperating Period
2-5 years
Company Name
TradeBaionics
Customer Service Email Address
support@tradebaionics.com
Contact Number
+442030052502
Company Website
Global Broker Regulation Inquiry App
WikiFX
No Regulation
Score
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/10
TradeBaionics
United Kingdom
|
2-5 years
|
Suspicious Regulatory License
|
Suspicious Scope of Business
|
High potential risk
https://www.tradebaionics.com/
Website
Rating Index
Contact
+44 2030052502
support@tradebaionics.com
https://www.tradebaionics.com/
60 Queen Victoria St, London EC4N 4TZ, United Kingdom
LicensesNo valid regulatory information, please be aware of the risk!
Warning: Low score, please stay away!
- It has been verified that this broker currently has no valid forex regulation. Please be aware of the risk!
2
Website
Company Summary
Disclosure
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Comment
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Official website
Website
tradebaionics.com
192.236.194.50Server LocationICP registration--Most visited countries/areas--Domain Effective Date--Website--Company--
Company Summary
Note: TradeBaionics's official website - https://www.tradebaionics.com/ is currently inaccessible normally.
| TradeBaionics Review Summary | |
| Founded | 2021 |
| Registered Country/Region | United Kingdom |
| Regulation | Not regulated |
| Market Instruments | Forex, etc. |
| Demo Account | ✅ |
| Leverage | Up to 1:200 |
| EUR/USD Spread | Floating around 0.8 pips |
| Trading Platform | Web |
| Min Deposit | $10,000 |
| Customer Support | Tel: +44 2030052502, +442030052038 |
| Email: support@tradebaionics.com | |
| Address: 60 Queen Victoria St, London EC4N 4TZ, United Kingdom | |
Founded in 2021 in the United Kingdom, TradeBaionics is a forex broker, whose minimum deposit is as high as $10,000. Besides, traders can only trade on the web-based platform. Though its leverage is up to 1:200, it is not regulated.
Pros and Cons
| Pros | Cons |
| Demo accounts | Unavailable website |
| Tight EUR/USD spread | Not regulated |
| Popular payment options | No MT4/5 |
| High minimum deposit |
Is TradeBaionics Legit?
No, TradeBaionics is not regulated by any financial authorities. It means that it doesn't need to obey the rules of any regulations. Please be aware of the risk!
Leverage
A leverage ratio of up to 1:200 is offered by TradeBaionics, which is much higher than that provided by most brokers. Inexperienced traders are advised not to use too much leverage since leverage magnifies gains and losses.
Spread and Commission
As tested at TradeBaionics demo web account, the spread for the benchmark EUR/USD pair was floating around 0.8 pips.
As for commissions, the broker states that it does charge some commissions and the amount of commission is either a percentage of your trade size or a fixed percentage.
Trading Platform
| Trading Platform | Supported | Available Devices | Suitable for |
| Web platform | ✔ | Web | / |
| MT4 | ❌ | / | Beginners |
| MT5 | ❌ | / | Experienced traders |
Deposit and Withdrawal
TradeBaionics supports deposit and withdrawal via credit/debit cards, bank transfers, and e-wallets.
Keywords
- 2-5 years
- Suspicious Regulatory License
- Suspicious Scope of Business
- High potential risk
News
News WIKIFX REPORT: BELGIUM’S WATCHDOG WARNS OF CAPITALS TRADE FX, FX ELITETRADER AND UXTRADES
Belgium’s financial watchdog, the Financial Services and Markets Authority (FSMA), has issued a warning against the unauthorized activities of multiple platforms that are offering investments in the country without complying with Belgian financial legislation.
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