Trading Fx Bonus – Broker Review

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A United States regulator warning has been issued against Trading Fx Bonus in September 2023

If you are looking for a forex broker that offers attractive bonuses, you might have come across Trading Fx Bonus. This broker claims to provide up to 100% deposit bonus, free signals, and educational resources for its clients. But is Trading Fx Bonus a scam or a legit broker? In this review, we will examine the features, pros, and cons of Trading Fx Bonus and help you decide if it is worth your time and money.

Trading Fx Bonus is an offshore broker that is registered in St. Vincent and the Grenadines. This means that it is not regulated by any reputable authority and does not have to comply with any rules regarding client protection, security, or transparency. Trading with an unregulated broker is very risky, as you have no guarantee that your funds are safe, that the trading conditions are fair, or that you can withdraw your profits.

Trading Fx Bonus offers four types of accounts: Basic, Standard, Gold, and Platinum. The minimum deposit for the Basic account is $250, which is higher than the industry average of $100. The leverage for all accounts is up to 1:400, which is very high and can amplify your losses as well as your gains. The spreads for the Basic account start from 3 pips, which is very wide and can eat into your profits. The other accounts have lower spreads, but they require higher deposits and charge commissions.

Trading Fx Bonus provides a web-based trading platform that is simple and easy to use. However, it lacks many advanced features and tools that are available on more sophisticated platforms such as MetaTrader 4 or 5. The broker also offers a mobile app for Android and iOS devices, but it has poor ratings and reviews on the app stores.

Trading Fx Bonus claims to offer free signals and educational resources for its clients, but these are not verified or reliable. The signals are not based on any analysis or strategy, and they can lead to losses if followed blindly. The educational resources are very basic and outdated, and they do not cover the essential topics of forex trading.

Trading Fx Bonus has a lot of negative feedback and complaints from its clients online. Many users report that the broker is a scam that does not process withdrawals, manipulates prices, closes trades without consent, and harasses customers with phone calls and emails. There are also allegations that the broker uses fake reviews and testimonials to lure unsuspecting traders.

In conclusion, Trading Fx Bonus is a broker that we do not recommend. It is an unregulated offshore broker that offers poor trading conditions, a mediocre platform, and dubious services. It has a bad reputation and a history of scamming its clients. If you are looking for a reliable and trustworthy forex broker, you should avoid Trading Fx Bonus at all costs.

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