✔️ Information reviewed and updated in October 2024 by Pedro Martínez González
In this section we will tell you why You should NOT invest in Bingx. We analyze the website, we observe every detail and we examine the main characteristics that are taken into account when choosing a good broker such as the location, the company to which it belongs, its regulation, its reputation…
A pocas palabras WE DO NOT RECOMMEND IT. Below we will show you essential information about Bingx and we will tell you why we reached such a conclusion:
Basic Information
| 🌐 Website | bingx.com | bingsaub.com/#/home |
| 🏠 Company | BingX US LIMITED |
| ️ Regulatory | Not regulated |
| Does not have | |
| 📈 Platform | BingX – MT5 |
| 📌 Location | United States |
Bingx is owned by Bingx US LTD, the company is located in the United States.
Account types
Bingx does not offer different accounts for trading.
Information on the web
Bingx provides a basic explanation about the financial products it offers, market news and analysis, economic calendar, asset calculator, live charts, really not much more than this.
List of phone numbers
At the moment we have not found phone numbers.
🚫 Bingx Final Rating 🚫
Finally, and in a few words, our recommendation is: DO NOT INVEST WITH Bingx.
As we mentioned before, it is a financial company located in a place where you will not have protection from the law in case of being harmed, that is, you will not be able to claim anyone if an unfortunate event occurs such as the sudden loss of your funds or the closure of the company.
In case of problems, it is most likely that the authorities of your country will not be able to do anything. As a client of this company you are unprotected!
Investing with unregulated brokers or brokers based in such countries is very risky. It is best to invest with a regulated broker, based in a serious country.
Video review Bingx
Updates
News about Bingx:
| Date | Update – news |
|---|---|
| February 2023 | Complaint against Bingx of CNMV. |
| June 2023 | Complaint against Bingx of FSMA. |
User Reviews
What is your opinion? We invite you to collaborate with us and vote. You can also leave a comment about your experience with .
At the end of the review you will find customer comments.
How to Claim Money Scammed by Bingx
If what you want is to know how to claim your capital, if you have been scammed, further down in the FAQ section you can find our advice.
How to Report Bingx
If you feel dissatisfied with the service provided by the company, and for some reason you want to report it, below, in the FAQ section, you can find the best way to report this company.
Frequently Asked Questions
How can I report Bingx?
This depends on where you are, you should go to the financial regulator in your country. Write us a comment on this review and we will help you.
Is Bingx a scam – is it a scam?
Yes. We believe Bingx is Scam. We have received messages from clients who mention not being able to withdraw their capital, this added to other very negative characteristics of the company.
Is Bingx trustworthy?
No. Bingx is not trustworthy, it is a very unsafe company: 1) is based in unsafe countries, 2) has a very bad reputation 3) has a lot of complaints 4) It is a relatively new broker without seniority. These characteristics make the company very unreliable.
How to recover money from Bingx?
If you want to know how to recover your capital, you can see it here. We explain in detail the process of recovering money from a scam company, step by step.
Are there (recommended) alternatives to Bingx?
Yes, of course there are better and safer options! You can see here the brokers we recommend: ranking of the best brokers.
I have lost a total of 4.000 EUR in May 2024 trading BTC on this platform. They manipulate the charts to liquidate the leveraged and keep your money. I saw that the price movements did not correspond to the graphs of other exchanges such as Binance for example. When I make trades in demo mode, they are all successful, I follow a calculated and effective strategy that has given me good results whenever I use it with my TradingView indicators, but when trading in real mode, strange things start to happen in the volume of operations that do not happen in TradingView or Binance seeing the graphs in real time at the same time, which shows me that in BingX they manipulate the market because it is not a real market but a copy manipulated by scammers.
Hello FEDERICO, thank you for writing about BingX. This broker is considered a SCAM. The FINMA (Swiss Financial Regulator) has put a notice on them, for lack of regulation and for misleading their clients (See FSMA link).
We suggest NOT sending money, they lie to steal from you, the operations are fictitious, the money is never crossed with the market, they simulate it and in the end they mark you and say that you have lost everything and they keep it that way.
If when you request a withdrawal, they ask you for more to pay commissions, taxes, fees, legalizations, etc. Never do it! It is a clear warning that you are a client of a fraud broker and even if you pay, they will never return your money.
All the information you provide about the company will help those affected by this broker, explain in detail how everything happened, what advertising you saw, the names of your advisor, numbers, emails from which they have contacted you, etc.
To get your money back, talk to our CHAT or fill out the Form at this link: CLAIM YOUR MONEY
Greetings.
A few days ago I made a transfer to withdraw my money and I'm still waiting for them to do it. And in the chat they tease me.
Hi Maria, thanks for writing about BingX. This broker is considered a SCAM. The FINMA (Swiss Financial Regulator) has put a notice on them, for lack of regulation and for deceiving their customers (See FSMA link).
We suggest NOT sending money, they lie to steal from you, the operations are fictitious, the money is never crossed with the market, they simulate it and in the end they mark you and say that you have lost everything and they keep it that way.
If when you request a withdrawal, they ask you for more to pay commissions, taxes, fees, legalizations, etc. Never do it! It is a clear warning that you are a client of a fraud broker and even if you pay, they will never return your money.
All the information you provide about the company will help those affected by this broker, explain in detail how everything happened, what advertising you saw, the names of your advisor, numbers, emails from which they have contacted you, etc.
To get your money back, talk to our CHAT or fill out the Form at this link: CLAIM YOUR MONEY
Greetings.
The BSMA denounced them, be very careful
Hi Marta, thanks for writing about BingX. This broker is considered a SCAM. The FINMA (Swiss Financial Regulator) has put a notice on them, for lack of regulation and for deceiving their customers (See FSMA link).
We suggest NOT sending money, they lie to steal from you, the operations are fictitious, the money is never crossed with the market, they simulate it and in the end they mark you and say that you have lost everything and they keep it that way.
If when you request a withdrawal, they ask you for more to pay commissions, taxes, fees, legalizations, etc. Never do it! It is a clear warning that you are a client of a fraud broker and even if you pay, they will never return your money.
All the information you provide about the company will help those affected by this broker, explain in detail how everything happened, what advertising you saw, the names of your advisor, numbers, emails from which they have contacted you, etc.
To get your money back, talk to our CHAT or fill out the Form at this link: CLAIM YOUR MONEY
Greetings.
I opened an account because a twitter from Argentina recommends them. But when I was trading, I found that the trading fees were very high. So you will use little leverage. Later in the spot I had cryptos and one in particular they stole them in their entirety, claiming that I had negotiated with them, and it turns out that there is nothing in the history to verify what the supposed customer service says. I totally lost my money. I hope it happens to them like FTX, Terra and another list of exchanges and scam projects. A lot of scam in the crypto world
Hi Ana, thanks for writing about BingX. This broker is considered a SCAM. The CNMV (Spanish Financial Regulator) has put a notice on them, for lack of regulation and for deceiving their clients (See CNMV link).
We suggest NOT sending money, they lie to steal from you, the operations are fictitious, the money is never crossed with the market, they simulate it and in the end they mark you and say that you have lost everything and they keep it that way.
If when you request a withdrawal, they ask you for more to pay commissions, taxes, fees, legalizations, etc. Never do it! It is a clear warning that you are a client of a fraud broker and even if you pay, they will never return your money.
All the information you provide about the company will help those affected by this broker, explain in detail how everything happened, what advertising you saw, the names of your advisor, numbers, emails from which they have contacted you, etc.
To get your money back, talk to our CHAT or fill out the Form at this link: CLAIM YOUR MONEY
Greetings.
the CNMV denounced them.
Hi MJ, thanks for writing about BingX. This broker is considered a SCAM. The CNMV (Spanish Financial Regulator) has put a notice on them, for lack of regulation and for deceiving their clients (See CNMV link).
We suggest NOT sending money, they lie to steal from you, the operations are fictitious, the money is never crossed with the market, they simulate it and in the end they mark you and say that you have lost everything and they keep it that way.
If when you request a withdrawal, they ask you for more to pay commissions, taxes, fees, legalizations, etc. Never do it! It is a clear warning that you are a client of a fraud broker and even if you pay, they will never return your money.
All the information you provide about the company will help those affected by this broker, explain in detail how everything happened, what advertising you saw, the names of your advisor, numbers, emails from which they have contacted you, etc.
To get your money back, talk to our CHAT or fill out the Form at this link: CLAIM YOUR MONEY
Greetings.
The company stole my money, so be very careful….
Hi Ana, thanks for commenting on BingX. This broker is a SCAM. Do not send them money, they want to get as much money as possible with lies, the operations are not real, they do not put the money in the market, they just make it look and in the end they tell you that you have lost and they keep it.
If to withdraw your money they ask you for more to pay taxes, fees, legalizations, etc. Do not do it! It is a clear sign that they want to steal your money and they will not return anything even if you pay.
If you have more information about the company, we ask you to share it with us, especially if it is information that you think can help other people investing with this company.
Do you have names of advisers, numbers, emails from which they have contacted you? Do you remember how you found this broker in the first place?
To get your money back, try our chat or this link: CLAIM YOUR MONEY
Greetings.