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FXBTG -

Score

2.40 /10
Danger

FXBTG

New Zealand

15-20 years

Suspicious Regulatory License

MT4 Full License

Regional Brokers

High potential risk

https://www.asia-fxbtg.com

Benchmark

AA

Influence

D

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Comparison

Quantity 26

Exposure

Open Account
Website

Score

Regulatory Index0.00

Business Index8.67

Risk Management Index0.00

Software Index8.50

License Index0.00

The WikiFX Score of this broker is reduced because of too many complaints!
Open Account
Website

Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

open now

Broker Information

More

Company Name

FXBTG Financial Limited

Company Abbreviation

FXBTG

Platform registered country and region

New Zealand

Company website

X

Facebook

Instagram

YouTube

Linkedin

WhatsApp

  • 601170374764

Company summary

Pyramid scheme complaint

Expose

Check whenever you want

Download App for complete information

Warning: Low score, please stay away! 2
Previous Detection : 2024-12-23
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The number of the complaints received by WikiFX have reached 24 for this broker in the past 3 months. Please be aware of the risk and the potential scam!

WikiFX Verification

FXBTG · Benchmark
Average transaction speed(ms)
359 Great
The highest transaction speed(ms)
359 Poor
The highest speed of opening positions(ms)
360
The highest speed of closing position(ms)
359
The lowest speed of opening positions(ms)
360 Perfect
The lowest speed of closing position(ms)
359 Great
Ranking： 24 / 125
Test user 247
Transactions 1,058
Ocuppied margin $138,741 USD
Data Source WikiFX Data provide
Updated: 2024-12-20 01:12:00

Exposure

26 pieces of exposure in total
Pyramid scheme complaint
Expose
Others

Withdrawal done

I withdrew successfully on Daqi Finance.

2021-09-07 11:15
Unable to Withdraw

Find excuses to deny the withdrawal

Find excuses to deny the withdrawal. Fraud platform. Cannot withdraw less than 100 dollars. The company can still trade with such regulations.

2022-03-09 21:01
Unable to Withdraw

The FXBTG platform cannot withdraw funds, cannot withdraw funds, cannot withdraw funds

FXBTG platform can't withdraw money, can't withdraw money, can't withdraw money, rubbish platform, it won't Withdrawal if you have much money. Whoever uses this platform is unlucky.

2023-06-29 15:06
Scam

Alleged fraud.

Invest here with my friend. And we bound the fund management. The customer service called on the afternoone of February 16, 2021 and told that our accounts were forzen and asked for deposit to unfreeze them, otherewise, the accounts would be frozen forever. I hope the relevant department can help us solve the problem and recover the hard-earned money for us.

2021-02-20 23:23
Unable to Withdraw

FXBTG does not allow withdrawal! Scam platform! No integrity and no morals! Fraud!

I applied for a withdrawal at FXBTG, but it keeps being delayed! Shit!

2023-06-16 15:27
Unable to Withdraw

FXBTG unable to withdraw

FXBTG was unable to withdraw funds, the funds withdrawn did not arrive in my account, the new withdrawal application was not processed, and customer service didn't respond.

2023-06-10 11:47
Unable to Withdraw

FXBTG is unable to withdraw

FXBTG has been rejecting my withdrawal request for no reason since July 2022, and now they ignore my withdrawal request. Communicated with customer service, but they did not reply to my message anymore.

2023-01-05 13:44
Unable to Withdraw

Beware of FXBTG Daqi Finance. Fraud platform.

It exaggerated its scale when you opened account and then refused to catch loopholes, quick orders, smash, hedge, etc. I wanted to deal with the trend of trading but was unable to withdraw after gaining $3,000 due to upstream reasons. Firstly, my orders were always normal. Why not remind earlier? Secondly, I had many orders and the profits came from various transactions. I only gained $3,000. The platform was totally a scam. My account was blocked and the history of transactions was as follow.

2021-07-21 10:33
Unable to Withdraw

Unable to withdraw

The scammed users by the account called trader. The balance in it was unable to withdraw.

2021-10-08 08:49
Unable to Withdraw

FXBTG is a scam and bad platform, and it doesn't allow withdraw. It doesn't have integrity and moral at all.

FXBTG doesn't allow withdrawal because the money I withdrew has not been credited to my account. I can't figure out how it became a listed company. In my view, it's nothing.

2023-06-13 18:57
Unable to Withdraw

Do not withdraw profit

The trading account number: 2022104219, and the profit on the platform is 528 US dollars. The platform used the same IP and the same trading method to disable my account, and the profit was also erased. All my transactions are normal, but they claim that my trading violates the regulations

2022-03-21 18:46
Unable to Withdraw

Unable to withdraw money, account maliciously frozen, no processing

On September 27, I opened a short position on the jp255 index on this platform. I closed my position on September 28, with a total profit of US$4,292 from the four orders. The first time I withdraw money, the profit amount is 4292. I applied for a withdrawal again, but the platform froze my account and said I was trading illegally. The following is the order transaction record, the Candlestick 1-hour chart of mt4 near the opening and closing of positions on September 27, as well as pictures of account freezes and withdrawal rejections. When I made a profit, I was said to have violated the rules, no withdrawal was allowed, and even the principal was not refunded to me. I sent countless emails, but they never processed them and froze my funds. Now my request is to lift the freeze and allow me to withdraw funds.

2023-11-23 13:40
Others

The platform suspend the account and delete the transaction record

Platform delete closed orders due to abnormal quotation, suspend accoutn and cancel profit.

2022-06-23 15:16
Scam

Fraud platform that induces deposits in the name of recruiting traders! When the bonus still has more than 2,000 US dollars in margin, it is liquidated! Caused a huge loss to me! Fraud platform!

Induce deposits in the name of recruiting traders! When the bonus still has more than 2,000 US dollars in margin, it is liquidated! Caused a huge loss to me! Fraud platform!

2022-03-07 22:56
Others

Scam

FXBTG deducted $3173.4 from my account. My balance should have $2000 but I suffered losses. The manager suggested me to open an account of low slippage. During August 2-11, I did 121 orders but FXBTG said there were 40 orders under 3 minutes. So they deducted my balance and blocked my account. It was a scam. Please help me.

2021-08-21 09:41
Unable to Withdraw

Maliciously freezing funds, freezing MT4 accounts, and preventing withdrawals

I opened a short position on the platform on September 27 to short the jp255 Index, and closed the position on September 28. The total profit of the four orders was 4,292 US dollars. I made a profit amount of 4,292 US dollars for the first time. When I applied for a withdrawal again, the platform removed me. The account was frozen, and they said I was trading illegally. Below are the order trading records and the 1-hour candlestick chart of MT4 near the opening and closing positions on September 27, as well as pictures of account freeze and withdrawal rejection. If profits were generated, it would be said that there was violation. Withdrawal, even the principal was not refunded to me. I sent countless emails and they were not processed, and the funds were frozen all the time. Now my request is to unfreeze my account and let me withdraw the money.

2023-11-01 12:18
    Sources
    Data Source WikiFX Data provide
    Updated: 2024-12-23
    FXBTG · Company summary

    Note: FXBTG's official website - https://www.asia-fxbtg.com/ is currently inaccessible normally.

    FXBTG Review Summary
    Founded2014
    Registered Country/RegionNew Zealand
    RegulationASIC
    Market InstrumentsForex, CFDs on indices, metals, and cryptocurrencies, Futures
    Demo Account✅
    LeverageUp to 1:400
    EUR/USD SpreadAverage 9 (STD account)
    Trading PlatformMT4, FXBTG App
    MinDeposit$500
    Customer SupportTel: +60 19 895 6086 (Global), +64 9 889 5809 (New Zealand)
    Email: cs@fxbtg-bank.com
    WeChat: fxbtg0001, fxbtg0909, fxbtgcs
    WhatsApp: +60 19 895 6086
    X, YouTube, Instagram, Linkedin, Facebook

    FXBTG, established in 2014 and registered in New Zealand, is a forex and CFD broker that offers trading in Forex, CFDs on indices, metals,cryptocurrencies, and Futures. The broker is regulated by ASIC. FXBTG provides trading services on the MetaTrader 4 platform and its own FXBTG App. However, it seems that its website cannot be reached currently.

    FXBTG's homepage

    Pros and Cons

    Pros Cons
    Regulated by ASICNon-functional website
    A wide range of productsLimited info on trading fees
    Demo accounts availableNo popular payment options
    Diverse account types
    Flexible leverage ratios
    MT4 platform

    Is FXBTG Legit?

    Regulated CountryRegulated AuthorityCurrent StatusRegulated EntityLicense TypeLicense Number
    Australia
    		The Australian Securities and Investments Commission (ASIC)RegulatedFXBTG FINANCIAL PTY LTDAppointed Representative (AR)001304372
    Regulated by ASIC

    What Can I Trade on FXBTG?

    On FXBTG, you can trade with Forex, CFDs on indices, metals, cryptocurrencies, and Futures.

    Tradable Instruments Supported
    Forex✔
    CFDs✔
    Indices✔
    Metals✔
    Cryptocurrencies✔
    Futures ✔
    Stocks❌
    Bonds❌
    Options❌
    ETFs❌

    Account Type

    Account TypeMin DepositLiquidation RatioSingle TransactionTransaction Fee
    MINI500 USD0.20.01 - 30❌
    STD2 000 USD0.30.01 - 30❌
    VIP 5 000 USD0.50.1 - 30❌
    Account comparison

    FXBTG also offers a PRO professional account, but the minimum deposit requirement is as high as 20 000 USD.

    PRO professional account

    Leverage

    The maximum leverage is up to 1:400. Though FXBTG offers flexible leverages, note that high leverage can amplify both profits and losses.

    Account TypeMaxLeverage
    MINI1:100
    STD1:400
    VIP 1:400

    Spread

    FXBTG claims to offer spreads as low as 0.1 pips, however, we didn't find any specific information about commission on their website.

    Account TypeAvg EUR/USD Spread
    MINI11
    STD9
    VIP 7

    You can find more detailed info about spreads on other currency pairs in the screenshot below:

    Spread

    Trading Platform

    Trading PlatformSupported Available Devices Suitable for
    FXBTG App✔PC, mobile/
    MT4✔Windows, iOS, MAC, AndroidBeginners
    MT5❌/Experienced traders
    FXBTG App

    MT4

    Deposit and Withdrawal

    FXBTG supports payments through Bipipay, Huobi, Binance, Clickpay, Paytrust, Hi pay, and Tether.

    Payment options

    News

    NewsFXBTG? Do you know what kind of platform it is?

    As a renowned forex broker with an experienced financial team, FXBTG Financial Group is dedicated to providing customers with the highest quality service, technical support, and currency trading.

    WikiFX
    2023-03-17 14:17
    FXBTG? Do you know what kind of platform it is?
    About More

    User Reviews

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    User comment

    8

    Comments

    Write a review

    Juciee
    more than one year
    FXBTG seems to be well-regulated and they offer a few different trading platforms to choose from. It's good to see a broker that prioritizes compliance and gives traders options when it comes to their trading environment.
    FXBTG seems to be well-regulated and they offer a few different trading platforms to choose from. It's good to see a broker that prioritizes compliance and gives traders options when it comes to their trading environment.
    Translate to English
    2024-07-17 17:31
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    Chen Miyagi
    more than one year
    Margin requirements are fair and transparent.👍👍👍
    Margin requirements are fair and transparent.👍👍👍
    Translate to English
    2024-06-27 17:58
    Reply
    0
    0
    26