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Score

1.23 /10
Danger

BitExpert Market

United States

1-2 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

https://www.bitexpertmarket.com

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Comparison

Quantity 1

Exposure

Open Account
Website

Score

Regulatory Index0.00

Business Index4.81

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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Broker Information

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Company Name

BitExpert Market

Company Abbreviation

BitExpert Market

Platform registered country and region

United States

Company website

Company summary

Pyramid scheme complaint

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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!

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Exposure

1 pieces of exposure in total
Pyramid scheme complaint
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BitExpert Market · Company summary
BitExpert Market Review Summary
Founded2023-10-08
Registered Country/RegionUnited States
RegulationUnregulated
Market InstrumentsForex/Commodities/Stock/Cryptocurrency/Indices
Demo Account✅
Leverage/
SpreadFrom 1.2 pips
Trading PlatformMT5(Desktop/Android OS)
Min Deposit/
Customer SupportPhone: +44 7538 751577
Email: support@bitexpertmarket.com
Live chat

BitExpert Market Information

BitExpert Market is a brokerthat provides customers with portfolio investment strategy products. The tradable instruments include forex, commodities, stock, cryptocurrency, and indices. The broker also provides four weekly accounts and six monthly accounts. The minimum spread is from 1.2 pips. BitExpert Market is still risky due to its unregulated status and bad reviews about scams.

BitExpert Market Information

Pros and Cons

Pros Cons
MT5 availableUnregulated
24/7 live customer supportNegative comments about scams
Demo account availableUnspecific transfer time and fee information
Various tradable instruments

Is BitExpert Market Legit?

BitExpert Market is not regulated, making it less safe than regulated brokers.

Is BitExpert Market Legit?
Is BitExpert Market Legit?

What Can I Trade on BitExpert Market?

BitExpert Market offers a wide range of market instruments, including forex, commodities, stock, cryptocurrency, and indices.

Tradable Instruments Supported
Forex✔
Commodities✔
Stock✔
Cryptocurrency✔
Indices✔
Precious Metals❌
Shares❌
ETFs❌
Bonds❌
Mutual Funds❌
What Can I Trade on BitExpert Market?

Account Type

BitExpert Market has four weekly account types: classic, pro, executive, and premium. Traders who want a high bonus can choose a classic account, while those with a small budget can open a premium account. Besides, it provides six monthly account types: luxury, VIP, VIP luxury, silver platinum, gold platinum, VIP gold platinum, and gold luxury platinum. In addition, the demo account is predominantly used for familiarizing traders with the trading platform and for educational purposes only.

Account Type (weekly)ClassicProExecutivePremium
Minimum Investment$500$8000$1150025000
Deposit Bonus15%25%35%50%
Spreads1.51.21.21.2
Account Type (monthly)LuxuryVIPVIP LuxurySilver PlatinumGold PlatinumVIP Gold PlatinumGold Luxury Platinum
Minimum Investment$50000$75000$11500$350000$500000$750000$1000000
Deposit Bonus75%95%120%145%150%185%250%
Spreads1.91.51.21.21.21.21.2

BitExpert Market Fees

The spread is from 1.2 pips. The lower the spread, the faster the liquidity.

Trading Platform

BitExpert Market cooperates with the authoritative MT5 trading platform available on Desktop and Android OS to trade. Traders with rich experience are more suitable for using MT5. MT5 provides various trading strategies and implements EA systems.

Trading PlatformSupported Available Devices Suitable for
MT5✔Desktop/Android OSExperienced traders
Trading Platform

Deposit and Withdrawal

The Minimum Investment is $500. BitExpert Market accepts Litecoin, Visa, Neteller, SKRILL, OK Pay, Qiwi, Perfect Money, Fasapay, UnionPay, WebMoney, etc. for deposit and withdrawal. However, transfer processing times and associated fees are unknown.

Deposit and Withdrawal
Deposit and Withdrawal
Deposit and Withdrawal

User Reviews

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User comment

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Comments

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MustafAlzanadi
3-6months
Scam Scam Scam. tis website stole $350 from me, and I have not seen anything back but surprised. The guy with name Mohammed Shahid would always ask to deposit more money for signals, and that's even if you just want to withdraw your money. He runs fake trading website "bitexpert market group ltd" and would communicate with you through tiktok, telegram, whatsup, and email. Do not fall in his trap!!
Scam Scam Scam. tis website stole $350 from me, and I have not seen anything back but surprised. The guy with name Mohammed Shahid would always ask to deposit more money for signals, and that's even if you just want to withdraw your money. He runs fake trading website "bitexpert market group ltd" and would communicate with you through tiktok, telegram, whatsup, and email. Do not fall in his trap!!
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2024-08-19 10:18
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