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TradeBaionics Review – Is TradeBaionics Scam or Legit?

TradeBaionics Broker Rating
Account Types8.8
Trading Speed9.1
Customer Service8.6
Safety9.5
9
Conclusion
Read our TradeBaionics review and learn why we recommend this broker for online trading and why it is not a scam, learn all you need to know in this TradeBaionics review before you sign up with the broker.

TradeBaionics Review

TradeBaionics logo

If you are searching for a way to get involved in the online trading industry, look no further than TradeBaionics. TradeBaionics is a broker that can help you get started as quickly as possible with minimal cost and maximum efficiency. It is highly reliable, and so we would suggest that you read through our TradeBaionics review in order to get a full understanding of what this broker is all about and what it can do for you.

Why choose TradeBaionics?

While we are going to be diving into all of the different aspects of the broker, such as its trading platform, educational content, customer support, trading tools, and so on, let us first summarize why you as a trader should choose TradeBaionics, especially when there is an abundance of other choices out there in the market.

Firstly, TradeBaionics has created a system wherein all of the different aspects and features are adapted as per the requirements and preferences of each client so as to improve both efficiency and diversity. The trading platform is one that is highly diverse and can be used from anywhere, and the accounts have a wide variety too. 

Secondly, the training material is fantastic, as though the broker’s education center (which you will gain access to when you register via a paid account), all of the training resources will be made available to you without the need to spend any extra money. This is really useful for new traders and those who may just be starting out in the industry in particular, and there are also advanced trading skills and tools for seasoned veterans.

Thirdly, the services that TradeBaionics has provided have been designed in such a way wherein traders will always be incomplete and have total control of everything regarding the trading activities. All of the powerful trading tools will be at your disposal, which includes calculation of risk, gauging of your profits, keeping up to date on everything in the industry and newsworthy events, and so on.

Fourthly, we will be talking about customer support and how TradeBaionics has truly gone above and beyond to ensure that its clients will be taken care of at all times.

TradeBaionics website

Trading tools

Having the right tools at your disposal is such a crucial element when it comes to choosing a broker, as this will determine what you can and cannot do regarding online trading. Being in possession of the right tools can make you feel like you are in control, as aforementioned, whereas lack of such instruments can ruin your entire experience and make you feel left out. The best part about trading with TradeBaionics is the fact that not only are there many tools that you can work with, but also that each of these tools is easy to use, and both new and experienced traders can take advantage of them.

Some of the more prominent trading tools available on TradeBaionics consist of an economic calendar, live charts, a trader’s guide, market analysis videos, market insights, risk management, and price alerts. We recommend checking all of these out if you are interested in transitioning from a new trader into an experienced one, as seasoned veterans love to use such trading tools and instruments all the time.

Trading accounts

TradeBaionics is great because it recognizes that all traders are going to be inherently different in terms of budget, preference, and overall risk appetite. This is why the broker has offered many different account options when it comes to choosing which type of account you want to go for. Choosing the right account option is vital as not only do some account types cost more than the others, but traders will also receive different trading tools, services, and features based on the type that is selected.

TradeBaionics caters to traders of all kinds, and so it really does not matter if you are new to the industry or if you have been trading for several years because no matter what you may be looking for, this broker provides an account that is bound to be exactly what you need. Of course, you should also check your budget and how much you can afford as each account type will have different deposit requirements which must be paid before you can actually use them.

Trading platform

It really would not matter if the asset index, trading tools, and even security of an online brokerage are fantastic if the act of actually navigating through it is one that is needlessly complex and difficult. This is why TradeBaionics’s trading platform is easy to use as well as highly professional. From the moment that we go to the broker’s website, we can instantly see that this is a brokerage that exemplifies class and quality. It is also possible to access TradeBaionics’s trading platform through your desktop (both PC and MAC) and your smart devices as well such as mobile phones and tablets.

Additionally, TradeBaionics has adopted the highly-coveted and sought-after MetaTrader platform, which is one of the best platforms in the entire industry, and so it makes perfect sense as to why it would be chosen by this broker. Here, traders are given access to all of the latest gadgets, tools, instruments, services, and key features, which are sure to enhance your trading experience and bring it to the next level. Both MetaTrader 4 and MetaTrader 5 are available. What we especially liked about this broker was the fact that it even has an Islamic-friendly account option, which is great for the industry’s Muslim traders, and this shows TradeBaionics’s willingness to be as open-minded, progressive, and diverse as possible.

Protection of funds

As beneficial as online trading can be, we would be remiss if we did not talk about the dangers of the industry and the fraudulent entities that continue to plague the sector. You can hence never be too careful when it comes to online trading, which is why you should absolutely demand such safety measures to be implemented no matter what online broker you may be dealing with. Thankfully though, TradeBaionics takes its security very seriously, specifically the aspect regarding the protection of its client’s funds.

It goes without saying that in order to use an online broker’s services, you will have to pay first. The amount of the deposit required to use the services and open up an account may vary from broker to broker, but what we are primarily concerned with here is what the brokerage does with your money after you have signed up. Once the initial deposit has been made, TradeBaionics does everything that it can to protect your funds in all possible ways.

For starters, only the most reliable and recognizable payment methods are provided by this broker, which involves traditional options such as bank wire transfer and paying through the use of your debit and credit card. Next, the deposited funds are then transferred into separate funds, which are maintained in segregated accounts. This action of separating the funds may seem strange to some, but what it does is that it essentially prevents the broker from being able to use your money for its own purposes, as, after all, the funds belong to you and not the broker. The banks with which the funds are placed are also chosen on the basis of reliability, trustworthiness, and legal status. Rest assured, your money is safe when you choose to deal with TradeBaionics.

Withdrawals and deposits

Being able to withdraw and deposit funds in a smooth and seamless manner is one of the most important factors that must be considered prior to choose a broker. This is because the last thing that traders would want is not being able to take out or put in money, especially during times where a golden opportunity to buy or sell may present itself. This is why you need to pick a broker like TradeBaionics, which has worked hard to make sure that your trading experience is one that is both simple as well as convenient when it comes to withdrawals and deposits.

As abovementioned, you may use any number of methods to make deposits and withdrawals, including bank transfers, debit, and credit cards. As far as we can tell, TradeBaionics will never charge you any kind of additional fees. However, you should be aware that some fees may be linked to your respective transactions that originate from your bank.

For withdrawals, traders are able to simply use the aforementioned methods, which would also be the same for making deposits. It must be mentioned that if you would like to make a withdrawal, then this would be on the very same bank account which you would have used to make the deposit. Once again, TradeBaionics will not be charging you any kind of additional fees, so you do not need to worry about something like that, and you can hence make your withdrawals safely. In the event that there are certain fees that must be paid, know that these would in all likelihood be associated with your bank account, and you should therefore ask your bank about these fees. Moreover, if there is any part of the process that is still unclear to you, you can always reach out to TradeBaionics about your question, and the broker’s representatives shall get back to you as soon as possible.

Margin and leverage requirements

TradeBaionics is constantly working towards enabling users to have the best online trading experience. As such, the broker strives to improve its trading features and functionalities in a continuous attempt to provide some truly amazing opportunities to its clients. Leverages are therefore offered by TradeBaionics on the users’ trades so that the profits can be amplified. Of course, the leverages that the traders are eligible to receive shall also largely depend on what type of account will be picked. Furthermore, it will also rely on the tradable asset of your choosing, which is vital because the leverage will be higher or lower depending on the asset in question.

For riskier assets like cryptocurrencies, in particular, the leverages are kept small on purpose due to the assets’ highly volatile and unpredictable nature. What this means is that the risk associated with these specific assets is thus mitigated. Also, the margin requirements are quite low too, which mainly revolves around the money that has to be present in the traders’ accounts prior to the users being able to participate in any given trade. In this manner, traders are kept happy as substantial profits can be made on a frequent basis.

Commissions

Let us begin by saying that yes, there are commissions that must be paid when you choose to trade through TradeBaionics. It is important to remember that this brokerage needs money in order to continue functioning; however, you will find that these commissions are quite low and reasonable, all things considered. It is also worth noting that TradeBaionics is one of the extremely few brokers that seems to have found the perfect balance between trading flexibility and commissions. Through such a balance, clients are provided with great trading services, tools, and features, all of which can help you earn fantastic returns on your investments. 

Moreover, one of the main reasons why the commissions are kept low has to do with the fact that the broker wants to mainly focus on providing its clients with the opportunity to improve their trading careers and become seasoned veterans. What makes TradeBaionics truly outstanding is that it realizes that at the end of the day, it is the money of the clients that is truly on the line, which means that if anyone is to benefit from the services and features provided by the broker, it should be the traders themselves. Also, the broker is completely transparent in all of its dealings, and so you will be readily informed about every charge, fee, and commission beforehand. 

Education

As alluded to earlier in this review, it is vital to constantly educate yourself in this industry because the world of online trading is one that is not only filled with amazing profits and spectacular investment opportunities but also change and evolution. For example, the emergence of cryptocurrencies just over a decade ago has since managed to completely alter the face of online trading as we know it, and it has also forced everyone from all backgrounds and industries to quickly become familiar with this new digital asset class.

With that in mind, you can access a ton of useful and informative resources to educate yourself with, thanks to the educational material provided by TradeBaionics. There are numerous eBooks that you can read, all of which provide insightful knowledge about trading techniques and strategies (as well as general information about the industry). You may also partake in various seminars and webinars, which are always fruitful, informative, and enjoyable. If you require special one-on-one training, then be happy with the knowledge that this service is also provided by TradeBaionics, thanks to the broker’s training sessions and official ‘Trading Academy.’ Lastly, there is a glossary that contains an abundance of useful terms and explanations of key concepts that we found to be very useful as well. 

Customer support

The final aspect of TradeBaionics that we shall cover is that of the broker’s customer support. It is a fact that every now and then in the online trading space, traders are bound to run into unexpected problems, which can range from simple issues such as asking a question to serious issues that can cripple your trading experience like not being able to access your funds or log into your account. This is why having a fully trained, capable, reliable, friendly, and willing customer support team that is ready to help you at a moment’s notice is absolutely critical, and thankfully the customer support service provided by TradeBaionics is nothing short of phenomenal.

There are a couple of ways through which you can contact the broker’s customer support team if need be. You can schedule a call-back or send the team an email. Alternatively, you can also take advantage of the broker’s live-support feature. There is also a useful FAQ section available.

Final Words

This was a very long and detailed review. However, we firmly believe that if you are going to choose any broker with which you shall enter the world of online trading, then the choice should always be one that is unquestionable and well-informed so as to avoid any regrets in the future. With this in mind, we recommend TradeBaionics to all traders, new and old, as this is a broker that provides you with everything that you could possibly need and more.

TradeBaionics has thus taken every step to guarantee that no matter what happens, not only would your funds be safe, but your entire trading journey, in general, is one that shall be largely positive, beneficial, and perhaps most importantly, profitable. There really is hence no reason as to why you should not at least check out this broker, after which you may make your decision. For our money, though, we will stick with our belief that due to all of the previously mentioned information, TradeBaionics is one of the best online brokerages in the entire industry today.

Hafsa Jabeen (Saudi Arabia)

Hafsa Jabeen is a new writer for Tokenhell, she writes about cryptocurrency trading platforms and also about recent news from the cryptocurrency and blockchain space.

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