Abstract:Fxbillions presents itself as a forex broker providing a series of trading instruments through the advanced MT4 trading platform. As this official website of this broker cannot be accessed, we were unable to obtain more information about its trading instruments, leverage, spreads and commissions, etc. Fxbillions is operated by Fxbillions Ltd, and it is not authorized or regulated by any regulatory authority. Please be aware of the risk.
Since Fxbillions s official website cannot be opened for now, we could only piece together the rough picture of this forex broker by gathering some relevant information from other websites.
General Information
Fxbillions presents itself as a forex broker providing a series of trading instruments through the advanced MT4 trading platform. As this official website of this broker cannot be accessed, we were unable to obtain more information about its trading instruments, leverage, spreads and commissions, etc.
Fxbillions is operated by Fxbillions Ltd, and it is not authorized or regulated by any regulatory authority. Please be aware of the risk.
Market Instruments
Fxbillions presents itself as a forex broker, so, forex trading can be available on this platform, at least.
Leverage
Fxbillions does not elaborate on leverage ratio it provides. Since leverage can magnify gains, it can also cause serious fund losses, especially to inexperienced traders. Therefore, it is wise for beginners to choose the smaller size no more than 1:10 until they gain more trading experience.
Trading Platform
Fxbillions provides access to the industry-leading MT4 trading platform, which allows one-click operations for opening and closing trades, setting stops and entry limits, placing direct orders, setting and editing limit and stop loss, as well as a robust charting package.
Customer Support
Fxbillions can be only reached through an email address: support@billionsfx.com, and this could be served as the further evidence that this broker is an unreliable one to trade with.
Risk Warning
Trading leveraged products such as forex, cryptocurrencies and derivatives may not be suitable for all investors as they carry a high degree of risk to your capital. Please ensure that your fully understand the risks involved, taking into account your investments objectives and level of experience.
The information presented in this article is intended solely for reference purposes.
In recent months, PrimeX Capital, a Forex and CFD broker established in 2022, has become a subject of concern in the trading community. However, despite these enticing features, the broker's reputation has been severely tarnished by multiple complaints and a troubling lack of regulatory oversight.
Forex broker scams continue to evolve, employing new tactics to appear credible and mislead unsuspecting traders. Identifying these fraudulent schemes requires vigilance and strategies beyond the usual advice. Here are five effective methods to help traders assess the legitimacy of a forex broker and avoid potential pitfalls.
Doo Financial, a subsidiary of Singapore-based Doo Group, has expanded its regulatory footprint by securing new offshore licenses from the British Virgin Islands Financial Services Commission (BVI FSC) and the Cayman Islands Monetary Authority (CIMA).
A new programme has been launched by CFI to address the growing need for transparency and awareness in online trading. Named “Trading Transparency+: Empowering Awareness and Clarity in Trading,” the initiative seeks to combat misinformation and equip individuals with resources to evaluate whether trading aligns with their financial goals and circumstances.