FX Breeze: Full and honest review
When it comes to forex brokers, you need to make sure that you are going to use the best you can find. FX Breeze is one of the forex brokers that you can find online. But, if they are the best to use and recommended, is a completely another story.
Before you can decide to make use of FX Breeze, you need to make sure that you are going to have all the information about them. This will prove that this might not be the best forex brokers to use on the market. In fact, there are many reasons why you should rather not use them.
These brokers are forex and CFD brokers and trading with a variety of different cryptocurrencies. At first glance, you will see that the address looks legit and that there are a telephone number and email address. But, with further investigation, we found that there are actually two addresses that are connected to the FX Breeze. This means that you don’t really know which address is the legit one.
It is an offshore company. Something that isn’t recommended if you are looking for the security of your money. With an offshore company, your money is always at risk.
Are they registered and regulated?
If you are an experienced trader, you know that the one thing that you should make sure about is that the broker is registered and regulated. This is the only way that you can know that your money is going to be safe and that you are going to use brokers that you can trust.
FX Breeze isn’t registered and regulated. Meaning that you can’t trust them in any way. And, that they can basically do just about anything they want to do. This can be dangerous and you might lose all your money. It is important that brokers are regulated. So, that there is someone that is making sure that they don’t do illegal stuff that might cost you your money. This is the first sign that FX Breeze might not be the right brokers to use.
Claiming that they are using MT4
They claim that they are making use of the MT4 platform. But, there isn’t any proof or signs that they really do make use of the platform. There is the real MT4 platform, and then there is the MT4 platform that is just an imitation and not the real one. This can give you the wrong impression about their reliability and trustworthiness.
MT4 is a great platform for trading. However, then this need to be the original and legit version. And, this is something that we can’t confirm. There is nothing on their site that proves that they are using the real MT4 platform.
High costs to trade with FX Breeze
When you are using a forex broker, you want to make sure that you are not spending most of your money on the trading costs. But, this is the one thing that you should know about FX Breeze. If you are going to use them, you are going to pay high costs to trade.
They are making sure that you are going to pay for using their services. Even, if you don’t really make a huge amount of profit in the process.
No demo account and other account information
It is important to make sure that you know everything about the different accounts that you can choose from when it comes to forex brokers. Normally there is more than one account that you can choose from, with benefits that each account has to offer. This isn’t something that you are getting information on.
The second thing is that there is no demo account. This is why we couldn’t confirm that they are really using the MT4 platform and if they are offering different accounts or not. This is a big reason why you should rather look for other brokers that have all the right information about using their platform.
Dodgy terms and conditions
Experienced traders will know that brokers have the same type of terms and conditions for trading. Standard terms and conditions that everyone is using. However, this isn’t something that you are going to find with FX Breeze. They have dodgy terms and conditions and they can actually change it at any given time.
This is because they aren’t regulated and not registered. There aren’t any rules that they need to live by. And, they can do just about anything they want to do.
With FX Breeze, there is one last thing that you should know. There are many regulators warnings out for FX Breeze. Meaning that regulators are saying that you can’t trust them for trading. And, that it is best if you don’t sign up with them and deposit any money. The regulators can’t do anything about it, besides giving out warnings. This is because of the fact that FX Breeze isn’t regulated at all.
FX Breeze. Should you use these brokers or not? The research has shown us that this isn’t a trustworthy broker and that you might not want to use them. There are many signs that they aren’t legit and that you might lose your money. There are many other brokers out there that aren’t scams and that you can trust. But, FX Breeze isn’t one of them. There isn’t any reason why you should consider using them as your broker.