WikiFX

Sagot

From my experience and careful review of the available background, Billionext initially engaged clients by offering trading through MetaTrader 4 (MT4). That was the platform I used when first introduced to them, which is a standard choice among legitimate brokers due to MT4’s operational transparency and familiarity within the trading community. However, after a certain period, there were abrupt changes: the original access point for MT4 accounts was closed, account credentials ceased to work, and the company shifted activity to a custom application involving wallets and cryptocurrency. During this forced migration, the original forex functionality was lost, and the only remaining software was their proprietary app—one which, crucially, prevented any actual trading or withdrawal operations. I could not find any evidence that MetaTrader 5 (MT5) or cTrader were ever supported. Offering MT4 could have been positive, but when a broker eliminates access to a renowned trading platform and instead pushes users to a closed, in-house app while disabling withdrawals, it raises very serious concerns about trust and transparency. In my case, moving away from a widely-accepted standard like MT4 to a non-transparent proprietary solution is a major red flag; it puts customers at risk of losing functional control over their funds and trades. For anyone assessing Billionext, the bottom line for me is that, while MT4 was once supported, it is no longer available, and other reputable platforms such as MT5 and cTrader have never been an option according to my investigation. This is a clear reason to proceed with extreme caution.