Opinions and information about the Forex Bank Latam broker
¿Is the Forex Bank Latam (aka forexbankla.com) broker really trustworthy? ✅ Is it safe for you to invest your money with this company? ❎ In this section we will analyze the company and its reputation as such on the internet.
Do you want to give us a hand and help inform about this company? We invite anyone who has experience with this company, to leave a comment with their experience and to rate the company according to their experience with it. Let's start:
✔️ The Forex Bank Latam broker, is a broker of: Forex, Futures, Cryptocurrencies and CFDs.
✔️ The broker mentions be part of: Crypyomargen LLC.
✔️ Forex Bank Latam is based in: Saint Vincent and the Grenadines.
✔️ If we talk about regulation, Forex Bank Latam broker does not mention absolutely anything about being regulated, Forex Bank Latam is an unregulated broker.
We will continue to analyze the different account types that Forex Bank Latam offers. In the case of Forex Bank Latam we note that it has 4 different plans or types of account: ECN Account, Partner Account, Zero Account and Cent Account.
🔹 ECN account: institutional trading, up to 300 lots per contract, leverage up to 1: 300, spread from 1 pip.
🔹 Partner Account: Manual Trading and Bots, leverage up to 1: 500, spread from 1 pip.
🔹 Zero Account: minimum deposit $ 50.000, 0 commissions, leverage up to 1: 1000, spread from 1 pip.
🔹 Cent account: minimum deposit $ 100, accounts expressed in cents, leverage up to 1: 500, spread from 1 pip.
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🔸 The platform used to trade is: MT5 platform.
🔸 Now, yes, we will analyze the different resources and aids that the company provides to traders on its website: we see some explanations of the products that Forex Bank Latam offers, explanation of basic concepts of the world of investments, some live charts, really not much else.
Features of Forex Bank Latam
Additional information about the company
🔸 Phone number: (Argentina) +54 11 5239 0651, (Chile) +56 2 2958 9832, (Colombia) 01-800-5190036, (Mexico) +52) 55 8526 1105, (Spain) +34 518 88 01 93, (Miami) 1 (786) 800-9523
🔸 E-mail: [email protected]
🔸 Website: forexbankla.com
🔸Clarification: If you think that our review is not correct, or you have a different opinion, we invite you to leave a comment in this same section - evaluation.
* Bonuses or promotions: None by the moment
⭐ Forex Bank Latam Valuation ⭐
☑️ With the information we have so far, the comments, evaluations and criticisms of users and traders, ⚠️ our opinion is that it seems like a broker with which we have to be careful ⚠️.
☑️ Why? Is a broker not regulated and further is located in a very dangerous country for these activities (Saint Vincent and the Grenadines), on the other hand, when looking for information and other evaluations about Forex Bank Latam find a lot of negative reviews.
May 2021 update: CNMV, Spanish financial regulator, has denounced Forex Bank Latam for fraudulent activities.
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👇 User and trader score 👇