260 brokers
24116 reviews

Independent rating of Forex broker TradingBanks

Broker ceased to exist

7/10 (votes 100)

On-line since
Country of origin
IFSC License Number IFSC/60/298/TS/15/
Payment options
credit and debit cards, wire transfer, CashU, PaySafe Card, and WebMoney e-wallets
Minimum account size
Minimum lot size
up to 1:400
from 0.01 pips
The broker was established in 2015. The company based its work on the principles of transparency and maximum security of the clients’ funds. Investors at Tradingbanks have access to the variety of over 200 financial instruments, which will satisfy all their needs. The provided instruments will help the clients show their skills in trading on all popular stocks both on majors and minors, even on those currencies which are in limited demand.
The broker’s clients can choose between the following types of accounts: regular, silver, gold, platinum, institutional, and ECN NDD account.
The broker provides a trading platform with several modifications such as Android, iPhone, TabletTrader, and Web Trader.
Please read the reviews on Tradingbanks below to learn all pros and cons of trading with the broker.


Author: Norman Date: 2024-03-14 11:40:35 (UTC+3)
I am satisfied with TradingBanks. I can customize EAs that are working properly on their platform and I got a good result. I earned $355 in profits last month. Besides this, their spreads are low compared to other brokers, and order execution with the use of customizable default bounds minimizes slippages. In addition, TradingBanks processes withdrawals very fast. I would recommend TradingBanks to anyone.
Author: Rustin Date: 2022-06-20 06:35:46 (UTC+3)
TradingBanks support team is very rude and unprofessional. I trade mainly major pairs such as EUR/USD and USD/JPY. I find it difficult to trade because the platform has delays in execution for 5-10 seconds. I lost about $580 with this broker because of its super slow platform. I really thought that they would not leave their clients unattended. Apparently, I was wrong. So if you want to look for a broker for trading, please avoid these scammers.
Author: AdamFX Date: 2022-02-08 06:31:15 (UTC+3)
TradingBanks is the worst broker I've ever traded with. I was so suffering when I trade with this broker, their MT4 platform crashed all the time and caused hang. It was hard to customize the platform, and their customer service was also unreliable and couldn't solve the platform quickly. So far, I am still waiting for the money I have wanted to withdraw since a month ago, and they haven't processed it yet. But after I get the money, I will definitely close my account at this broker. Don't trust this broker.
Author: Sushan Date: 2021-10-18 01:48:48 (UTC+3)
TradingBanks is one of the worst brokers I've traded in forex market. I joined this broker last year, and they make me disappointed so much. In the beginning, this broker makes me pleased when I traded with them. Thus, this broker always supports me, and I easily get profit from them. However, everything becomes bad when I put more money to invest in this year. My initial fund grew up to $1000 from $200 in last year. On the other hand, it’s only $200 in this year when I get many losses. In fact, I’m hardly to made profit when I trade with large amount of money. Therefore, I decided to leave this broker by closing my account, but they don’t let me do this. They require me continue trading or deposit more money. Finally, I lost rest money, and I realize that they are the bad broker. In addition, their spread is also expensive among other brokers, and the customer support is rude. Especially, the worst thing about them is that they seem to always be trading against the individual traders, and I always got losses in trading. At the moment, I’m going to find another broker to trade, because I don’t want to work with this scammer any more. Stay away this broker.
Author: Ella Date: 2021-09-22 06:39:42 (UTC+3)
I invested the smallest amount at TradingBanks and I am grateful I did because the experience was terrible. The broker did not provide Forex education, and their platform often had issues. Making profitable trades was difficult when your platform crashes all the time.
Author: DillonFX Date: 2021-06-15 02:03:16 (UTC+3)
I traded with TradingBanks for 8 months, and I was totally disappointed. I don't like the way they serve me. Their employees weren't respected me as a trader, all strategies that they recommend didn't give me some profit, all was wrong, all was made at a loss. I tried to contact their support team, but I get their poor attitude. And this broker took my $250 when I withdrew my money. I had contacted their support many times, but I just got nothing from them. It has been over 4 weeks, and they are not replying. I think I am scammed. I don't want to join anymore after being fooled by their offer. My advice, be aware of this broker, they are one of the worst broker that I have ever traded in forex.
Author: Venusha Date: 2021-06-01 05:38:47 (UTC+3)
I started an account at TradingBanks and deposited the minimum initial deposit amount which is $250. I did not have a very pleasant experience, unfortunately, so I closed my account after a while. It took them quite a while before releasing my remaining funds as well.
Author: Farooq Date: 2021-02-15 02:50:44 (UTC+3)
TradingBanks is a cheater. They cheated me didn't give me my money. I have been trading with them for four months and earned a profit. Last month, I sent a withdrawal request but until now, nothing credit in my bank account. I have called them many times, but they ignore me. They didn't give any refund. All I gained in these four months is went to waste. To all traders, never trust this broker for your money. They will only steal it.
Author: Ohare Date: 2021-02-04 06:26:37 (UTC+3)
TradingBanks has both the good and bad aspects. I appreciate that this broker has a license which assures me that my funds are secured. However, their overall trading services are of poor quality. The trading platform often crashes and it interrupts my trading activities. I opted to close my account and thankfully, then released my remaining balance immediately.
Author: Hexia Date: 2020-12-15 07:51:56 (UTC+3)
TradingBanks is the ideal broker for me. Instant fills, and executions. Even my orders are executed during volatile market with excellent fills. I opened NDD account with $400 and then trade with this almost two months and I make profit $541. I also test their withdrawal process last month I send a withdraw request of $280 via PaySafe and I got my money within four hours. Their customer support department is so fast to respond my queries and friendly too. Yeah, will recommend.

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