Score

1.53 /10
Danger

Bitmine FX

United Kingdom

5-10 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Comparison

Quantity 1

Exposure

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Website

Score

Regulatory Index0.00

Business Index7.17

Risk Management Index0.00

Software Index4.00

License Index0.00

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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

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Warning: Low score, please stay away!
Previous Detection : 2024-12-26
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

Pyramid scheme complaint
Expose
Bitmine FX · Company summary

General Information & Regulation

Bitmine FX is forex broker that provides online trading in a wide range of financial assets. And it further claims to support the renowned MetaTrader4 platform and to offer attractive spreads. Bitmine FX does not fall under any regulatory agencies.

Markets Instruments

Tradable financial instruments available on the Bitmine FX platform include forex currency pairs, precious metals, indices, commodities, and crypto currency.

Minimum Deposit

Bitmine FX does not have any minimum initial requirement. This would be perfect, had the broker been legit.

Leverage

No trading leverage information is provided. Most unregulated brokers are usually quite generous with leverage, as they dont face any restrictions.

Spreads & Commissions

The EUR/USD cost of trade is said to be 1 pip, but as it already became clear, we couldnt verify this information.

Trading Platform Available

Bitmine FX offers to its clients MetaTrader 4. We must say that this is an excellent choice of a trading platform as the MT4 is reigning strong despite its old age of 15 years. This platform comes equipped with one of the best packages containing trading tools and instruments among which we can mention the auto trading option, the trading signals, the code base with customs scripts, the app market, VPS, etc.

Deposit& Withdrawal

Bitmine FX works with credit/debit cards, bank wire, e-wallets like Skrill, Neteller, FasaPay, WebMoney, SticPay. Further information is not mentioned about deposit and withdrawal.

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