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TradeBaionics-Overview of Minimum Deposit, Leverage, Spreads

WikiFX | 2026-04-20 22:22

Abstract:Founded in 2021 in the United Kingdom, TradeBaionics is a forex broker, whose minimum deposit is as high as $10,000. Besides, traders can only trade on the web-based platform. Though its leverage is up to 1:200, it is not regulated.

Note: TradeBaionics's official website - https://www.tradebaionics.com/ is currently inaccessible normally.

TradeBaionics Review Summary
Founded2021
Registered Country/RegionUnited Kingdom
RegulationNot regulated
Market InstrumentsForex, etc.
Demo Account✅
LeverageUp to 1:200
EUR/USD SpreadFloating around 0.8 pips
Trading PlatformWeb
Min Deposit$10,000
Customer SupportTel: +44 2030052502, +442030052038
Email: support@tradebaionics.com
Address: 60 Queen Victoria St, London EC4N 4TZ, United Kingdom

Founded in 2021 in the United Kingdom, TradeBaionics is a forex broker, whose minimum deposit is as high as $10,000. Besides, traders can only trade on the web-based platform. Though its leverage is up to 1:200, it is not regulated.

Pros and Cons

Pros Cons
Demo accountsUnavailable website
Tight EUR/USD spreadNot regulated
Popular payment optionsNo MT4/5
High minimum deposit

Is TradeBaionics Legit?

No, TradeBaionics is not regulated by any financial authorities. It means that it doesn't need to obey the rules of any regulations. Please be aware of the risk!

No license

Leverage

A leverage ratio of up to 1:200 is offered by TradeBaionics, which is much higher than that provided by most brokers. Inexperienced traders are advised not to use too much leverage since leverage magnifies gains and losses.

Spread and Commission

As tested at TradeBaionics demo web account, the spread for the benchmark EUR/USD pair was floating around 0.8 pips.

As for commissions, the broker states that it does charge some commissions and the amount of commission is either a percentage of your trade size or a fixed percentage.

Trading Platform

Trading PlatformSupported Available Devices Suitable for
Web platform✔Web/
MT4❌/Beginners
MT5❌/Experienced traders
Web platform

Deposit and Withdrawal

TradeBaionics supports deposit and withdrawal via credit/debit cards, bank transfers, and e-wallets.

LeverageBrokerCurrency PairDealerleverage in forexForex BrokerForex tradingforex pipsforex marketCommission

Related broker

Not Regulated
TradeBaionics
Company name:TradeBaionics
Score
1.47
Website:https://www.tradebaionics.com/
5-10 years | Questionable Regulatory License | Suspicious Operational Region | High Potential Risk
Score
1.47

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