Do you want to trade on Tbanque FX? Here is what you must know about this broker Tbanque.com. See reviews to find all about it.
This post promises to share helpful review to support users/traders in making the right decision.
Tbanque FX located at Tbanque.com is an offshore brokerage company with a lot of promises for traders. The broker hides under the company Ton Investments Group LLC. It claims license by FCA (the UK) and CySEC (Cyprus). This, you will know if it is true.
What is more, the broker offers different instruments like forex, stocks, commodities, crypto, bonds and indices. Also, it presents a zero spread difference in Buy/Sell.
To clarify, traders must know they are dealing with an unlicensed broker with a false claim of regulation.
Withdrawal and Deposit
Under withdrawal policy, Tbanque FX leaves us with no specific information on withdrawal fee nor processing days on withdrawal.
Tbanque FX Minimum Deposit:
Tbanque FX does not indicated minimum deposit for traders. This keeps us more in the cloud. Good number of brokers will indicate the different deposit fees and allow you start trading with a minimum deposit of $100 or less.
As for the payment methods, the broker allows deposits via crypto – Ethereum, Tether, and TRON. Truly, you should not consider making any payment with this broker because it is a risk. Payments made through this method are anonymous and can only be traced to a wallet address and not to a specific person. So beware!
Tbanque FX Platform:
Tbanque FX offers web based trading platform and not MT4 or MT5 (Industry standard trading platforms) which gives us more reason not to take this broker serious. Many scammers have trading software to fool their victims that their money is being invested.
As for the leverage, it is not stated. Truly, we say don’t consider doing that with an unregulated forex broker like this one because you stand the chance of losing your money.
Why Tbanque.com Is A Suspicious Broker
First of, Tbanque.com has no financial authority overseeing its financial services. As far as we’re concerned, this is the one of the most ambiguous yet common remarks made by scammer entities, helping them become as vague as possible but yet retaining the illusion of being legit. On a quick search, both Financial Conduct Authority (FCA),UK and CySEC (Cyprus) does not have this broker on its database.
More so, this broker does not offer money back guarantee which means trading on such platform is clearly a risk as your money cannot be refunded.
These are drawbacks for forex traders to avoid losing money with this scam broker. It is always advisable you check for regulated and licensed broker on financial authorities websites before depositing fund for trading.
Tbanque FX Licensing and Regulation
It is not far from believing that this broker is not a licensed brokerage firm. It is not under any financial regulation which means wiring your money for trading is risky. Its unlicensed and unregulated activities are truly a red flag and must be avoided.
COMPARE WITH A TRUSTED BROKER
Fortrade is a UK-based broker with address at Michelin House, 81 Fulham Road London, SW3 6RD, United Kingdom. They are among the best brokers in the industry offering trades in numerous assets including stocks, commodities, currencies, indices, and cryptocurrencies. Fortrade is regulated and licensed by the FCA(Financial Conduct Authority) in the UK well as ASIC in Australia which makes client funds safe. They accept traders worldwide..visit their official website
Tbanque FX located at Tbanque.com claims to be a trustworthy trading broker, however, that cannot be ascertained. From indications, we would advise traders to steer clear from this broker as it likely a platform run by scammers. Thus, we urge our readers to rely on regulated brokers like this or any licensed entity.
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