Abstract:Americanfx Basetrade is a forex brokerage company located in the United Kingdom. However, after searching information on the Internet, we found the broker seems to be a fake forex platform. Unluckily, we can’t find other more detailed information about this broker.
Note: Since Americanfx Basetrades official site (https://americanfxbasetrade.com/ind) is not accessible while writing this introduction, only a cursory understanding can be obtained from the Internet.
General Information & Regulation
Americanfx Basetrade is a forex brokerage company located in the United Kingdom. However, after searching information on the Internet, we found the broker seems to be a fake forex platform. Unluckily, we cant find other more detailed information about this broker.
Customer Support
Americanfx Basetrades customer support can be reached by telephone: +14844835077, email: support@americanfxbasetrade.com. Company address: Unit 5, Moses Gate Workshops, Manchester Rd, Farnworth, Bolton BL3 2QG, UK.
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Baazex is a relatively new broker registered in the United Arab Emirates, with an operating history of between 2 to 5 years. Despite its claims of offering over 1500 trading instruments—from foreign exchange pairs like EUR/USD, GBP/USD, and AUD/JPY, to major stocks including Apple, Meta, Disney, LVMH, and Tesla; as well as commodities (oil, gold, silver, coffee), indices, cryptocurrencies, and futures—investors should be aware of some critical risks.
Imagine you're driving from New York City to Philadelphia and want to know if your route is optimal, then you take two steps: Firstly, you gather the traffic records in the past five years, including traffic patterns, historic weather conditions, and holiday congestion records. Second, you run simulations of your proposed road to see if it is most efficient and fuel-saving before an actual trip.
Founded in 2014, Olymp Trade has been operating for over a decade, expanding its services and user base considerably, now offering focused trading in fixed-time trades (previously known as binary options in some regions) and Forex. Specifically, Olymp Trade operates two trading modes: fixed-time trades and forex mode. Fixed-time trades refer to trades with predetermined expiration times, where traders predict market movement directions. Payouts typically range from 70-90% of the investment amount. Forex Mode is a more traditional forex trading approach with variable leverage (up to 1:500 for experienced traders). At the same time, it allows for more sophisticated trading strategies with customisable take-profit and stop-loss orders.