✔️ Information reviewed and updated in October 2024 by Pedro Martínez González
In this section we will tell you if we consider that the company Btrades is a safe company or an unreliable company. Read our full analysis to find out everything!
We analyze the website, observe every detail and 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...
Below we will show you essential information about Btrades and we will tell you why we reached such a conclusion:
Basic Information
| 🌐 Website | btradesfx.com |
| 🏠 Company* | Does not mention it |
| ️ Regulatory | Not regulated |
| [email protected] | |
| 📈 Platform | Own platform |
| 📌 Address | Does not mention it |
| 🕑 Website age | March 24 2023 |
| ❓ Company type | Forex and cryptocurrency exchange |
Company: Btrades does not mention which company it belongs to. Be very careful, we noticed a clear lack of transparency.
Location: Btrades does not mention where it is located, trusting a company that does not mention where it is located is very dangerous, please be careful.
We can already tell you that we are concerned about several characteristics of this company.
What is Btrades?
After having carried out an analysis of the company's website, we can say that Btrades is a: forex and cryptocurrency exchange.
Account types
The company does not provide information about having different types of accounts.
Information on the web
Here we show you a screenshot of the Btrades website, which is btradesfx.com. The capture was made in DECEMBER 2023.
Contact: phone numbers and email
After having performed an analysis of the website:
We have not found phone numbers.
We found the following email:
[email protected]* Regulation of Btrades
We have analyzed in depth the current ⚖️ regulatory situation ⚖️ in which this company finds itself and we have reached the following conclusion:
The broker presents us with a very worrying situation; he mentions absolutely nothing about regulating it. What does this make us think? We are talking about an unregulated broker. What does it mean? This means that the broker's clients and all their money are without any type of protection. That is to say, if the broker has bad intentions, most likely you will not be able to do anything to recover your money. Please be very careful with these types of companies. Think carefully before sending money, you are sending it to a company without any type of regulation or protection!
🚫 Final valuation of Btrades 🚫
As you can see, we have carried out a detailed and complete analysis of the most important characteristics of Btrades and we have reached the following conclusions about this company:
Location: It is not mentioned where it is located
Regulatory: They do not mention anything about its regulation, that is to say: we are talking about an unregulated company with a notable lack of clarity and seriousness.
The warning about Btrades is of utmost importance, particularly knowing that it has been reported by financial regulators such as the UK FCA. This alert urges extreme caution when considering any type of interaction with this platform. Despite being a forex and cryptocurrency exchange, the lack of transparency regarding its actual location is worrying. The absence of concrete details on this fundamental aspect raises serious questions about the authenticity and integrity of the company towards its users.
Furthermore, the omission of any information about its regulation strongly suggests that Btrades operates as an unregulated company. Regulation in the financial world is essential to ensure the protection and security of investors. The absence of this regulation leaves potential clients unprotected, as they would lack the support and security standards that a regulatory entity provides.
In summary, the combination of reporting by financial regulators such as the FCA, lack of transparency over location and lack of regulation of Btrades are major red flags. Extreme caution is crucial when considering any type of investment or transaction with this company, as the lack of transparency and regulation could expose clients to significant financial risks and leave them unprotected in critical situations.
🚨🚨 Conclusion: for the reasons mentioned our conclusion is that it is a very unserious and very unsafe company. Please think carefully if you want to send money to a company with these characteristics. 🚨🚨
Updates
News about Btrades:
| Date | Update – news |
|---|---|
| December 2023 | Complaint against Btrades financial regulator FCA |
We note that the company already has complaints from financial regulators. Please be very careful!
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 Btrades.
At the end of the review you will find customer comments.
How to Claim Money Scammed by Btrades
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 Btrades
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
Are there (recommended) alternatives to Btrades?
Yes, of course there are better and safer options! You can see here the brokers we recommend: ranking of the best brokers.
How can I report Btrades?
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 Btrades trustworthy?
No. Btrades is not reliable, it is a very unsafe company: the lack of information about its location and its lack of regulation generates many doubts and insecurities. Your website is new, that is, it has no history. It also has complaints from financial regulators. Does that generate confidence in you? BE VERY CAREFUL.
How to recover money from Btrades?
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.
This company will not let you withdraw. I assure you, I'm still trying to withdraw and I can't, don't do it, you'll thank me later. Greetings.
Hi Dana, thanks for writing about Btrades. Currently this broker is considered a SCAM.
If you are a client, do not invest more money, their only objective is to steal from you, they manipulate operations manually and keep the money from the moment it reaches their accounts, it never enters the market, everything is prepared so that they make you lose your money to have the excuse of keeping it.
If you decide to withdraw and they ask you for a ransom in the form of commissions, taxes, fees, legalizations, etc. Never pay it!, that is the alert, from that moment you have to know that you are a client of a scam broker and even if you pay they will never return it to you.
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 fill out the form in this link: CLAIM YOUR MONEY
Greetings.