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BANEX CAPITAL foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://clientoffice.banexcapital.com/auth/signup, about the company's legal and temporary regulatory information, the company's address Ground Floor, The Sotheby Building, Rodney Village, Rodney Bay, Gros-Islet,Saint Lucia.

BANEX CAPITAL Forex Broker

Basic information

Registered region
Saint Lucia
Operating period
--
Company Name
Banex Capital LTD
Abbreviation
BANEX CAPITAL
Company employee
--
Customer Service Email Address
support@banexcapital.com
Contact number
+971522222076
Company address
Ground Floor, The Sotheby Building, Rodney Village, Rodney Bay, Gros-Islet,Saint Lucia
WhatsApp
971 522222076
Keywords
2-5 years
Suspicious Regulatory License
MT5 Full License
Regional Brokers
High potential risk

Company profile

BANEX CAPITAL Review SummaryFounded2022Registered Country/RegionSaint LuciaRegulationUnregulationMarket InstrumentsOil, Gold, Currencies, CFDsDemo Account✅LeverageUp to 1:300SpreadFrom 40 pips (Standard account)Trading PlatformMT5, the BANEX CAPITAL LTD Native platformMin Deposit/Customer SupportTel: +971 522222076, +971 45689219WhatsApp: 971 522222076Email: support@banexcapital.comAddress: - 2204 Ontario Tower Business Bay Dubai U.A.E.Restricted RegionsUnited States, Cuba, Iraq, Myanmar, North Korea, Sudan BANEX CAPITAL was registered in Saint Lucia in 2022 and is not regulated. It offers trading in Oil, Gold, Currencies, and CFDs with leverage up to 1:300 and spread from 40 pips on the Standard account via the MT5 platform.Pros and ConsPros Cons Demo accountsNo regulationMultiple account typesMultiple communication channelsNo commissionsHigh spreadsMT5 supportedUnclear minimum depositPopular payment optionsRegional restrictionsIs BANEX CAPITAL Legit? No, BANEX CAPITAL is not regulated. Traders should carefully consider the risks it brings when choosing to trade with it.What Can I Trade on BANEX CAPITAL?Tradable Instruments Supported Oil✔Gold✔Currencies✔CFDs✔Indices❌Stocks❌Cryptocurrencies❌Bonds❌Options❌ETFs❌Account TypeAccount TypeMin DepositStandard/ECN/PRO/Leverage BANEX CAPITAL offers leverage up to 1:300 for all account types, which can potentially bring high returns, but it also comes with high risks.BANEX CAPITAL FeesAccount TypeSpreadStandardFrom 40 pipsECNFrom 30 pipsPROFrom 20 pips BANEX CAPITAL does not charge any commissions.Trading PlatformTrading PlatformSupported Available Devices Suitable for BANEX CAPITAL LTD Native platform✔Web, Mobile/MT5✔/Experienced tradersMT4❌/BeginnersDeposit and Withdrawal BANEX CAPITAL says to accept Bank Wire transfers, Credit/Debit cards, PayPal, Neteller, Skrill and some more methods available as per your country of residence.

Rating Index

PRO

Minimum Deposit
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ECN

Minimum Deposit
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Latest Reviews

surriyamubashir

surriyamubashir

Pakistan

I am filing a legal case against Banex Capital in Dubai after a fraudulent experience. I invested 20,000 USDT across four accounts (5,000 USDT each) under their bonus offer. We had a rough draft of terms and conditions on WhatsApp, which clearly stated that the deposited amount would be withdrawable. Banex Capital offered a bonus hedging deal. I successfully withdrew funds from 3 accounts by hedging, but midway through the process, when my deposited amount was still with Banex Capital, they changed the terms. They imposed a limit on the number of withdrawals: 2 withdrawals each on 2 accounts and 1 withdrawal each on the other 2 accounts. The last account, which still had one withdrawal remaining, became an issue. Although they processed one final withdrawal, they then seized my account and withheld my 5,000 USDT deposit. I had 4 accounts of 5,000 USDT each, with a total of 6 withdrawal attempts allowed—2 attempts on 2 accounts and 1 attempt each on the other 2 accounts.

Exposure

2024-08-23

FX1450513582

FX1450513582

New Zealand

My friends, I gotta say, BANEX CAPITAL is not the place to be. Their spreads are way too high, making it not an ideal platform to trade on. Plus, they don't even offer a demo account to test the trading environment. Despite their customer service team trying to convince me to trade with them, I decided to pass. Better safe than sorry, you know?

Neutral

2023-03-28

BANEX CAPITAL Forex Broker has an overall rating of 2.00, Regulatory Index 0.00, License Index 0.00, Business Index 6.23, Software Index 7.94 Risk Control Index 0.00.