In this section we will tell you why You should NOT invest in BitFxtrade. 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 BitFxtrade and tell you why we came to such a conclusion:
|🏠 Company||does not mention it|
|️ Regulation||not regulated|
|📈 Platform||own platform|
|📌 Address||128 High St, THREE HOLES, PE14 8DU, United Kingdom|
⚠️ BitFxtrade does not mention who owns it, the company is located in the United Kingdom, a potentially dangerous tax haven for its clients due to its lack of regulation and lack of seriousness. Clients are unprotected. The company is located in a very unsafe place, be careful. ⚠️
Now we move on to analyze the types of account that BitFxtrade offers, in this case, we observe that it offers 5 different types of account:
|Account type||Minimum initial deposit|
Information on the web
BitFxtrade provides a basic explanation about the financial products it offers, personal experiences, market news although in English, economic calendar also in English, live charts, some financial calculators, not much more than this.
List of phone numbers
🚫 BitFxtrade Final Rating 🚫
Finally, and in a few words, our recommendation is: DO NOT INVEST WITH BitFxtrade.
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.
News about BitFxtrade:
|Date||Update – news|
|September 2022||Complaint against BitFxtrade from financial regulator: FCA.|
What is your opinion? We invite you to collaborate with us and vote. You can also leave a comment about your experience with BitFxtrade.
At the end of the review you will find customer comments.
How to Claim Money Scammed by BitFxtrade
How to Report BitFxtrade
Frequently Asked Questions
How can I report BitFxtrade?
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 BitFxtrade a scam – is it scam?
Yes. We believe that BitFxtrade 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 BitFxtrade trustworthy?
No. BitFxtrade 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 BitFxtrade?
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 BitFxtrade?
Yes, of course there are better and safer options! You can see here the brokers we recommend: ranking of the best brokers.
2 comments on «Is BitFxtrade a scam? 2023 Reviews»
The company stole my money, how do I get it back…
Hi Jose, thanks for writing about BitFxTrade. Currently this broker is considered a SCAM.
If you are a client, do not make more contributions, their only objective is to steal from you, they manipulate operations manually, they keep the money from when it reaches their accounts, it does not enter the market, everything is prepared for you to lose or make you lose your money to have the excuse to keep it.
If you decide to withdraw and they request a ransom in the form of commissions, taxes, fees, legalizations, etc. Never pay it! That's the warning, from that moment you have to know that you are a client of a scam broker and no matter how much you pay you will never see your money.
To help other users or customers, provide as much information as possible, explain how everything happened, where you saw the advertising, who called you, numbers from which you were dialed, emails and everything that comes to mind.
If you want to recover your money go to our chat or check this link: CLAIM YOUR MONEY