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Score
The Virgin Islands
5-10 yearsSuspicious Regulatory License
Global Business
High potential risk
Influence
Add brokers
Comparison
Quantity 1
Exposure
Score
Regulatory Index0.00
Business Index6.98
Risk Management Index0.00
Software Index4.00
License Index0.00
No valid regulatory information, please be aware of the risk
Single Core
1G
40G
Danger
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Company Name
BTSE
Company Abbreviation
BTSE
Platform registered country and region
The Virgin Islands
Company website
X
YouTube
Company summary
Pyramid scheme complaint
Expose
Notice: BTSE website - https://www. BTSE .com/en/home cannot be entered normally at present. Therefore, we can only collect relevant information from the Internet.
risk warning
Trading online involves significant risks and you could lose all of your invested capital. It is not suitable for all traders or investors. Please ensure you understand the risks involved and note that the information contained in this article is for general information only.
Basic Information and Regulations
basic | details |
Supervision | No supervision |
market tool | Cryptocurrencies, futures contracts and NFTs |
account type | standard account |
demo account | N/A |
maximum leverage | 1:100 |
Spread (EUR/USD) | N/A |
Mercenary | 0.02%–0.10% for Maker, 0.04%–0.12% for Taker |
trading platform | mobile software |
Entry threshold | none |
Deposit and withdrawal method | SWIFT, local bank transfer, SEPA, credit/debit card, IFSC, IMPS, cryptocurrency |
BTSEIt is a cryptocurrency trading platform incorporated in the Virgin Islands in 2018, providing leverage up to 1:100, and also provides 24/7 customer support services. Here is the homepage of the broker’s official website:
As for the regulatory situation, no effective regulatory information has been found so far. that's why BTSE The supervision status on wikifx is listed as "Not yet supervised" and only received a low score of 1.41/10.
market tool
BTSEIt advertises that it offers trading in cryptocurrencies (btc, eth, ltc, xrp, xmr, dot, luna, etc.), futures contracts, and nft.
account type
BTSEOnly one standard account is offered and there is no minimum deposit requirement.
lever
BTSEOffered leverage up to 1:100. Remember, the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can work to your advantage or against you.
Mercenary
BTSEA certain commission will be charged, for the manufacturer, the commission is 0.02% – 0.10%; for the taker, the commission is 0.04% – 0.12%.
trading platform
BTSEProvides a mobile application trading platform for Android phones and ios devices, enabling traders to trade anytime, anywhere without going through the hassle of accessing a laptop or desktop computer.
deposit and withdrawal
BTSESupport swift, local bank transfer, sepa, credit/debit card, ifsc, imps, cryptocurrency and other payment methods. The broker will charge a certain deposit and withdrawal fee, which varies according to the deposit and withdrawal method and assets.
Deposit fee:
SWIFT (all available fiat currencies): 0.05%
Global Bank Specialty Bank (UAE Dirham): 0.50%
Local Bank Transfer (Philippine Peso): Free
SEPA (Euro): Free
IFSC (Indian Rupee): 2%
IMPS (Indian Rupee): 2%
Withdrawal fee:
SWIFT (all available fiat currencies): 0.1% (minimum fee: $25)
Local Bank Transfer (Philippine Peso): 0.2% (minimum fee: USD 10)
SEPA (EUR): 0.1% (minimum charge: 3 EUR)
IFSC (Indian Rupees): Free
IMPS (Indian Rupees): Free
customer support
E-mail: support@ BTSE .com;
Social media: Twitter, Facebook, YouTube and LinkedIn;
Advantages and disadvantages
advantage | shortcoming |
• No deposit threshold | • not regulated |
• Rich and diverse cryptocurrency trading tools | • Website won't open |
• High deposit and withdrawal fees |
common problem
Q 1: | BTSEIs it regulated? |
A 1: | No valid regulatory information has been found so far. |
Q 2: | BTSEtradersAre there any regional restrictions? |
A 2: | BTSENot available to residents of the United States, Belarus, Cuba, Eritrea, Iran, North Korea, Syria, and Venezuela. |
Q 3: | BTSEDoes it support mt4 and mt5 trading platforms? |
A 3: | Not supported, only mobile app is provided. |
Q 4: | BTSEWhat is the deposit threshold? |
A 4: | There is no entry threshold. |
Q 5: | BTSEIs it friendly to newbies? |
A 5: | It is not recommended for anyone to trade with such unlicensed brokers. Please be sure to check the supervision carefully before trading. |
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