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Introduction

BinaryOptionFXTrade.com is a website that claims to offer a way for people to trade binary options online. However, there are some red flags that make us question whether or not this website is legitimate. In this review, we will take a closer look at BinaryOptionFXTrade.com and see if it is a site that you can trust.

About BinaryOptionFXTrade.com

BinaryOptionFXTrade.com is a binary options trading platform that offers online trading for a variety of financial assets, including forex pairs, stocks, indices, and commodities. The platform is owned and operated by FXBFI Brokerage Ltd., a company that is registered in Saint Vincent and the Grenadines. BinaryOptionFXTrade.com is available in English, Spanish, Russian, and Arabic. The minimum deposit required to open an account with BinaryOptionFXTrade.com is $250, and the minimum trade size is $25.

The BinaryOptionFXTrade.com platform offers a variety of features that can be accessed via the web-based trading interface or mobile apps for Android and iOS devices. These features include real-time charts and quotes, advanced order types, market news and analysis, and 24/7 customer support.

BinaryOptionFXTrade.com Review

BinaryOptionFXTrade.com is a binary options trading platform that offers a variety of assets for trading, including currencies, stocks, indices, and commodities. The site claims to offer a “simple and easy” way to trade binary options, with a minimum deposit of $250 and a maximum return of 85%. BinaryOptionFXTrade.com is owned and operated by DANGUARD Limited, a company registered in the Republic of Seychelles. The company’s address is listed as P.O. Box 1576, Victoria, Mahe, Seychelles.

The platform itself appears to be fairly simple and straightforward to use. It offers a variety of features such as social trading and copy trading. However, there are some complaints about the platform being unresponsive or difficult to navigate. Overall, the reviews for BinaryOptionFXTrade.com are mixed. Some people claim it is a legitimate platform while others say it is a scam. There does not appear to be any clear consensus on whether or not the site is legit or not.

As far as USA traders go, the website says that they do accept USA clients but there have been some reports of issues with deposits and withdrawals for US-based customers. It’s unclear if these problems are due to BinaryOptionFXTrade or if they are simply due to the difficulty of withdrawing money from offshore accounts in general. Overall, it seems that BinaryOptionFXTrade may be worth considering for binary options traders who are

The Pros and Cons of BinaryOptionFXTrade.com

BinaryOptionFXTrade.com is a website that offers online binary options trading. The website claims to be a leading broker in the industry, and offers a variety of features and tools for traders.

The Pros:

-The website offers a demo account so that traders can practice trading before investing real money.
-There is a wide range of assets available to trade including stocks, commodities, currencies, and indices.
-The minimum deposit required to open an account is only $250.
-The website is available in English, French, German, Russian, and Spanish.

The Cons:

-Binary options trading is a high risk investment and may not be suitable for all investors.
-The website does not provide any information about the fees charged for trading or withdrawals.
-There is no live chat or phone support available.

Is BinaryOptionFXTrade.com a Legit or Scam Broker?

BinaryOptionFXTrade.com is a binary options broker that offers online trading for a variety of assets, including currencies, stocks, commodities, and indices. The company claims to be based in the United Kingdom and to have been founded in 2014. However, there is no information available about the brokers’ team or their experience in financial trading.

The company provides its clients with a web-based platform that is supposed to be user-friendly and intuitive. Unfortunately, we could not test the platform as the website was down during our review.

According to the information presented on the website, BinaryOptionFXTrade offers different account types that come with different benefits. For example, the Bronze account requires a minimum deposit of $250 and gives access to weekly market reviews and daily economic calendars. On the other hand, the VIP account needs a minimum deposit of $50 000 but it gives traders access to personal coaching sessions, a dedicated account manager, and exclusive market insights.

We also noticed that BinaryOptionFXTrade does not offer demo accounts which is disappointing as this is a feature that is usually offered by most binary options brokers. This makes it difficult for potential clients to test out the platform before investing real money.

The minimum trade size is $25 which is relatively high when compared to other brokers who offer minimum trade sizes of $5 or even $1. The maximum trade size is unlimited which could be attractive for more experienced investors who are looking to make bigger trades

Does BinaryOptionFXTrade.com Accept USA Traders?

USA traders are able to trade with BinaryOptionFXTrade.com as the broker is registered with the CFTC and NFA. Both of these regulatory bodies oversee the activities of futures commission merchants (FCMs) and their customers. In order to be a member of either of these organisations, a broker must adhere to certain rules and regulations. This includes ensuring that client funds are kept safe in segregated accounts, providing evidence of capitalisation levels, and submitting annual reports. All of these factors help to create a safe and secure trading environment for USA traders.

Final Thoughts

BinaryOptionFXTrade.com is a broker that offers online trading services for binary options and forex. The company is based in the Marshall Islands and is not regulated by any financial authority. This broker does accept traders from the USA, but it is not recommended to trade with them due to the lack of regulation. The company has a very user-friendly platform and offers a wide range of assets to trade. However, there have been some complaints about this broker and its customer service. Overall, BinaryOptionFXTrade.com seems like a decent broker, but it is not recommended to trade with them due to the lack of regulation.

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