Basic Information
Registered Region 
United Kingdom
United KingdomOperating Period
2-5 years
Company Name
TRADE BINANCE
Customer Service Email Address
support@tradebiance.com
Company Website
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Global Broker Regulation Inquiry App
WikiFX
No Regulation
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/10
The WikiFX Score of this broker is reduced because of too many complaints!
TRADE BINANCE
United Kingdom
|
2-5 years
|
Suspicious Regulatory License
|
Suspicious Scope of Business
|
High potential risk
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Website
Rating Index
Contact
support@tradebiance.com
--
The WikiFX Score of this broker is reduced because of too many complaints!
LicensesNo valid regulatory information, please be aware of the risk!
Warning: Low score, please stay away!
- It has been verified that this broker currently has no valid forex regulation. Please be aware of the risk!
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Company Summary
Comment
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Company Summary
Note: TRADE BINANCE's official website - https://tradebiance.com/ is currently inaccessible normally.
| TRADE BINANCE Review Summary | |
| Founded | 2023 |
| Registered Country/Region | United Kingdom |
| Regulation | No Regulation |
| Market Instruments | Cryptocurrencies, Forex |
| Demo Account | / |
| Leverage | Up to 1:150 |
| Spread | / |
| Trading Platform | Binance Exchange |
| Min Deposit | $1 000 |
| Customer Support | Email: support@tradebiance.com |
Founded in 2023 and headquartered in the United Kingdom, TRADE BINANCE is an unregulated broker offering a tiered selection of accounts (Silver, Gold, and Premium), featuring different leverage, spreads, and minimum deposit requirements, beginning at $1,000. TRADE BINANCE extends leverage up to 1:150 and offers variable spreads that are tailored to the account type chosen by the trader. It provides the Binance Exchange trading platform.
Pros and Cons
| Pros | Cons |
| Flexible leverage ratios | Non-functional website |
| Popular payment options | No regulation |
| Limited tradable asset classes | |
| No MT4/5 | |
| High minimum deposit | |
| Only email support |
Is TRADE BINANCE Legit?
At present, TRADE BINANCE lacks valid regulation. Our advice for you is to look for other regulated brokers with functional websites.
What Can I Trade on TRADE BINANCE?
| Tradable Instruments | Supported |
| Forex | ✔ |
| Cryptocurrencies | ✔ |
| Commodities | ❌ |
| Indices | ❌ |
| Stocks | ❌ |
| Bonds | ❌ |
| Options | ❌ |
| ETFs | ❌ |
Account Type
| Account Type | Min Deposit |
| SILVER | $1 000 |
| GOLD | $2 500 |
| PREMIUM | $3 500 |
Leverage
The maximum leverage is 150:1, not very high actually. Lower leverage is safer to some extent because leverage can amplify both profits and losses.
| Account Type | Max Leverage |
| SILVER | 5:1 |
| GOLD | 125:1 |
| PREMIUM | 150:1 |
Spread and Commission
| Account Type | Spread | Commission |
| SILVER | Variable | 0.1% |
| GOLD | 0.04% | |
| PREMIUM | 0.02% |
Trading Platform
| Trading Platform | Supported | Available Devices | Suitable for |
| Binance Exchange | ✔ | Mobile, web | Experienced traders |
| MT4 | ❌ | / | Beginners |
| MT5 | ❌ | / | Experienced traders |
Deposit and Withdrawal
TRADE BINANCE provides several payments like bank transfers, credit or debit cards, and other third-party payment processors. Moreover, depending on regional availability, e-wallets or cryptocurrency deposits may also be supported for account funding.
Keywords
- 2-5 years
- Suspicious Regulatory License
- Suspicious Scope of Business
- High potential risk
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Edelite Alves Ferreira Neto
Brazil
Terrible support, and my data gets updated without my consent. My phone number has been changed numerous times. My money is lost.
Exposure
Ma4053
Chile
He posed on TikTok as an investor (same name, profile, etc.) There he told me about BINANCE and generating profits on a platform. He told me step by step how to deposit, where, he gave me withdrawal codes, and that money was transferred to www.capitalvistafx.com. I transferred approximately 3.5 million pesos. When I wanted to withdraw my $6,000 profit they asked me for more money, they threatened to lose everything and they finally blocked my account after depositing a lot. They sent me emails approving money in the bank and then rejected that I had to pay them to issue the withdrawal. Finally, I refused to pay more and they blocked EVERYTHING. I finally asked them to return my investment, but they completely disappeared.
Exposure
ZentenoJ93
Guatemala
I gave addresses, deposits were requested to pay taxes. It was said that if I did not pay the taxes I would not have my money and when it was the "last payment" there was nothing of that supposed payment. I lost more than Q.2K (about USD.324.00) and they asked me for more after that. The supposed trader is Antonio Col and, he says, he is from Guatemala.
Exposure
Collins 7352
United Arab Emirates
I was scammed in binance platform $7000 for paying goods that doesn't exist. from a binance user and after l contacted binance to report the scammed, binance replied to that they don't know. please l have all the proofs details in a zip file which l need to upload here. please help me out concerning this issue. I can't do my business anymore because all my capital has been stolen in the form of cryptocurrency.
Exposure