Score

1.23 /10
Danger

High BTC Stock

United Kingdom

1-2 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Time Machine
Website

Score

Regulatory Index0.00

Business Index4.86

Risk Management Index0.00

Software Index4.00

License Index0.00

Time Machine
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

Regulatory disclosure

Danger

ES CNMV
2024-01-08

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Warning: Low score, please stay away!
Previous Detection : 2024-12-24
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

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High BTC Stock · Company summary

High BTC Stock Review Summary
Registered Country/Region United Kingdom
Regulation No Regulation
Market Instruments Forex, CFDs, Cryptocurrencies
Demo Account N/A
Leverage N/A
Spread N/A
Commission No Transaction Fees
Trading Platform High BTC Stock Web Trader
Minimum Deposit $250
Customer Support Contact Form, Tel: +442038465534
Company Address 20 Canada Square, London E14 5NN, United Kingdom

What Is High BTC Stock?

High BTC Stock is an online CFD broker registered in the United Kingdom. However, it operates without regulation, which means it lacks oversight from financial regulatory authorities.

High BTC Stock's homepage

Pros & Cons

Pros Cons
  • No Transaction Fees
  • No Regulation
  • Several Security Measures Taken

Pros:

  • No Transaction Fees: High BTC Stock does not charge any transaction fees, allowing traders to execute trades without incurring additional costs.

  • Several Security Measures Taken: The platform implements various security measures to safeguard traders' funds and personal information, including the use of regulated banks, segregated accounts, and two-factor authentication.

Cons:

  • No Regulation: High BTC Stock operates without regulation, which raises concerns about the level of oversight and investor protection provided by regulatory authorities.

Is High BTC Stock Safe or Scam?

  • Regulatory Sight: High BTC Stock is currently operating without regulatory oversight, which means it does not fall under the jurisdiction or supervision of any financial regulatory bodies. It also does not hold any licenses that would enable it to conduct its operations in the financial market. This lack of regulation poses numerous risks to investors, such as a lack of transparency, security concerns, and no guarantee of adherence to industry standards and practices.

No license
  • User Feedback: Users should check the reviews and feedback from other clients to gain a more comprehensive sight of the broker, or look for reviews on reputable websites and forums.

  • Security Measures

Segregation of Funds: Client funds are stored in segregated accounts at regulated financial institutions, separate from High BTC Stock's own accounts, so traders' funds are protected even in the event of insolvency or other financial difficulties faced by the company.

Fraud Detection Systems: High BTC Stock employs sophisticated fraud detection systems to safeguard against fraudulent activities, unauthorized transactions, and identity theft. These systems continuously monitor and analyze trading activities to detect any suspicious behavior.

Two-Factor Authentication (2FA): To enhance account security, High BTC Stock offers two-factor authentication (2FA). This requires traders to provide a secondary verification code, typically sent to their email address or mobile phone, when logging into their account.

protection of funds

Market Instruments

High BTC Stock provides access to a variety of market instruments, including Forex (foreign exchange), Contracts for Difference (CFDs), and cryptocurrencies. These instruments allow traders to speculate on the price movements of currency pairs, commodities, indices, and digital assets such as Bitcoin and Ethereum.

Account Types

High BTC Stock allows users to choose from different account types according to their initial capital and requirements. All the account types include Bronze, Silver, Gold, Platinum, Diamond, Premium, VIP, and Islamic. The minimum deposit required is listed below.

Account Types Min. Deposit
Bronze €10,000
Silver €25,000
Gold €50,000
Platinum €100,000
Diamond €250,000
Premium €500,000
VIP €1,000,000
Islamic N/A
Account Comparison

Spread & Commission

High BTC Stock does not mention detailed spread, but claims it to be high. Without an exact figure, we cannot say whether it is a tight one or not. High BTC Stock does not charge any transaction fees, which means there are no commissions applied directly to trades executed on their platform.

However, traders should be cautious of potential hidden fees that are not explicitly mentioned on the official website. These hidden fees could include overnight financing charges, withdrawal fees, or inactivity fees.

Trading Platform

The High BTC Stock Web Trader is a user-friendly and intuitive online trading platform designed to empower traders with access to real-time market data and seamless trade execution. It boasts lightning-fast speed and unrivaled reliability, so traders can capitalize on market opportunities swiftly and efficiently. Compatible with various devices and operating systems, including Windows, Android, and iOS, the platform offers flexibility and accessibility to traders on the go.

High BTC Stock Web Trader

Customer Support

The customer support provided by High BTC Stock includes various channels to address traders' inquiries and concerns. Traders can reach out to the support team through a contact form available on the company's website.

contact details

Additionally, there is a dedicated telephone line with the number +442038465534 for direct communication with support representatives. The company's physical address, is located at 20 Canada Square, London E14 5NN, United Kingdom, so users can try to resolve issues in person.

Conclusion

High BTC Stock currently has no regulation, it provides users with multiple account types and charges no transaction fee. Though several security measures were taken by the broker, we do not recommend users to trade with non-regulated brokers.

Frequently Asked Questions (FAQs)

Q: What is the minimum deposit of High BTC Stock?

A: The minimum deposit is $250.

Q: If I deposit/withdraw money, will any fee be charged?

A: No. High BTC Stock does not charge transaction fees.

Q: Is High BTC Stock regulated or not?

A: No, it is not regulated.

Q: Can I contact its customer service via live chat?

A: No, you can't, since High BTC Stock does not have a live chat channel.

Risk Warning

Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies.

In addition, the date on which this review was generated may also be an important factor to consider, as information may have changed since then. Therefore, readers are advised to always verify updated information directly with the company before making any decision or taking any action. Responsibility for the use of the information provided in this review rests solely with the reader.

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Jamsmin
more than one year
I was trying to deposit my fund into my triumph fx account but i mistakenly over deposit 130 usdt to the address give where the exact amount was just 100 usdt , what will happen to my money , btw the address is insert correctly but now the amount still pending and not yet reveal , can someone help me or tell me what's gonna happen My support ticket had been submitted
I was trying to deposit my fund into my triumph fx account but i mistakenly over deposit 130 usdt to the address give where the exact amount was just 100 usdt , what will happen to my money , btw the address is insert correctly but now the amount still pending and not yet reveal , can someone help me or tell me what's gonna happen My support ticket had been submitted
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2024-03-29 14:01
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