Thinking of getting into business with Bond Forexx? Here is what you must know about this broker. Carefully read this review to find out if bondforexx.com is the trading platform you will want to trade with.

About Lsa Trading Broker

Lsa Trading is an offshore brokerage company with a lot of promises for traders. The broker is incorporated in St. Vincent & the Grenadines.

Address

There are different account types the broker offers. See below.

Account Types

To clarify, regardless of the trading instruments Bond Forexx claims to offer, traders must know they are dealing with an unknown broker which does not have a regulation over its head.

bondforexx.com: Reasons to Avoid This Broker

Firstly, bondforexx.com is a platform with no financial authority overseeing its financial services. We believe this broker is not worth your money because St. Vincent & the Grenadines is the place for scammers to claim legit financial services. This is not the case as FX traders have been warned against St. Vincent & the Grenadine’s brokers.

Warning

Secondly, we noticed bondforexx.com has a free account for traders. We advise you don’t waste your time on that, so you don’t get lured into trading real fund with this unregulated broker.

More so, this broker does not offer money back guarantee which means trading on such platform is clearly a risk as your money cannot be refunded.

These are cons for forex traders to avoid losing money with this scam broker. It is always advisable you check for regulated and licensed broker on financial authorities websites before depositing fund for trading.

Withdrawal and Deposit

Withdrawal process

Under withdrawal policy, Bond Forexx withdrawal process takes 1 business day for Credit cards, Skrill, Bitcoin and Neteller. Whereas, it requires 3 to 5 business days on Bank Transfer. Added, the broker discusses minimum withdrawal amount as $10 as well as $500.

Minimum Deposit

Bond Forexx minimum deposit is pegged at $100 according to the account type.

As for the payment methods, the broker discusses Credit cards, Skrill, Bitcoin, Bank Transfer and Neteller. But, you should not consider making any payment with this broker because it is a risk. So beware!

Bond Forexx Platform

Bond Forexxoffers Web Trader and MT5 (Industry standard trading platform), however, the option of MT4 doesn’t make the broker legit because any scam broker can do the same to lure forex traders.

As for the leverage, it can get up to 1:400. Nevertheless, we say don’t consider doing that with an unregulated forex broker like this one because you stand the chance of losing your money.

Bond Forexx Licensing and Regulation

It is not far from believing that this broker is not a licensed brokerage firm. It is not under any financial regulation which means wiring your money for trading is risky. Its unlicensed and unregulated activities are truly a red flag and must be avoided.

Instead, Trade with TOP RATED BROKERS



Accounts

Free Trial

Projects

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Licensed in UK(FCA), Dubai(DFSA), St Vincent and the Grenadines, Cyprus(Cysec) and Cayman Islands

Accepts Traders Worldwide

Minimum Trade Deposit $100

Maximum Leverage
1:500

TOP CHOICE BY TRADERS

Licensed in UK(FCA), Australia(ASIC), Belarus(NBRB) and Canada(IIROC)

Accepts Traders Worldwide

Minimum Trade Deposit $100

Maximum Leverage
1:300

BEGINNER FRIENDLY

Licensed in Australia(ASIC) and Cyprus(Cysec)

Accepts Traders Worldwide

Minimum Trade Deposit $100

Maximum Leverage
1:500

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Conclusion: Is bondforexx.com a Reliable Broker?

No, bondforexx.com does not seem like a reliable broker for traders even though it promises offers that look good to be true.

Most importantly, the broker is unregulated which means it is not authorized to operate in any regulated country and you should definitely not put any money into it.

Because we have taken it as a duty to find out scam forex brokers and also share reasons, we will not recommend this broker for trading.

Kindly share your comment about this broker in the comment section.

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By Dan

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