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No Regulation
Score
1.51 /10
Danger
Forex Bank
5-10 yearsSuspicious Regulatory License
Suspicious Scope of Business
High potential risk
Influence
D
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Comparison
Expose
Exposure
Open Account
Website
Score
Regulatory Index0.00
Business Index7.02
Risk Management Index0.00
Software Index4.00
License Index0.00
Open Account
Website
Licenses
No valid regulatory information, please be aware of the risk
VPS Standard
No restriction on the broker account. Support service provided by WikiFX
Single Core
1G
40G
open now
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Warning: Low score, please stay away!
2
Previous Detection :
2025-10-11
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
- The current information shows that this broker does not have a trading software. Please be aware!
WikiFX Verification
| Forex Bank Review Summary | |
| Founded | 2019 |
| Registered Country/Region | Saint Vincent and the Grenadines |
| Regulation | No regulation |
| Market Instruments | 4,300+, Forex, Spot Commodities, Indices, Spot Metals, Shares, ETFs |
| Demo Account | ❌ |
| Leverage | / |
| Spread | / |
| Trading Platform | B-Trader, X-Trade, Copy Trade Platform, Funding Program Software |
| Copy Trading | ✅ |
| Minimum Deposit | / |
| Customer Support | Buenos Aires (+54) 11 5239 0651 |
| Santiago de Chile (+56) 2 2958 9832 | |
| Colombia Toll Free 01-800-5190036 | |
| Mexico City (+52) 55 8526 1105 | |
| Miami 1 (786) 800-9523 | |
| Email: contacto@forexbankla.com | |
| Facebook, YouTube, Instagram | |
Forex Bank Information
Forex Bank Corp. is a financial technology company focused on the financial markets and investment platform ecosystem. It provides turnkey solutions for brokers (such as Cloud Broker, Enterprise Broker, and Full Broker models) and supports multi-asset trading covering categories like forex, indices, commodities, and stocks. Its technological products include the B-Trader all-in-one trading platform, copy trading systems (supporting MAM/PAMM accounts), etc.
Pros and Cons
| Pros | Cons |
| Over 4,300 trading instruments | No regulation |
| Flexible brokerage solutions | Complex fee structure |
| Copy trading | No MT4/MT5 |
| Non info on deposit and withdrawal |
Is Forex Bank Legit?
Forex Bank is not regulated. It does not hold any valid regulatory licenses. Please be aware of the risk!
What Can I Trade on Forex Bank?
| Tradable Instruments | Supported |
| Forex | ✔ |
| Spot Commodities | ✔ |
| Indices | ✔ |
| Spot Metals | ✔ |
| Shares | ✔ |
| ETFs | ✔ |
| Cryptocurrencies | ❌ |
| Bonds | ❌ |
| Options | ❌ |
| Mutual Funds | ❌ |
Trading Platform
| Trading Platform | Supported | Suitable for |
| B-Trader | ✔ | / |
| X-Trade | ✔ | / |
| Copy Trade Platform | ✔ | / |
| Funding Program Software | ✔ | / |
| MT4 | ❌ | Beginners |
| MT5 | ❌ | Experienced traders |
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