Score

1.37 /10
Danger

BitFX-Trading

United States

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Comparison

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Exposure

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Website

Score

Regulatory Index0.00

Business Index5.95

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! 2
Previous Detection : 2024-09-23
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

BitFX-Trading · Company summary

General Information & Regulation

General Information & Regulation

BitFX-Trading is allegedly a forex and crypto broker registered in the United States that claims to provide its clients with three types of packages. Here is the home page of this brokers official site:

General Information & Regulation

As for regulation, it has been verified that BitFX-Trading does not fall under any valid regulations. That is why its regulatory status on WikiFX is listed as “No License” and it receives a relatively low score of 1.10/10. Please be aware of the risk.

General Information & Regulation

Market Instruments

BitFX-Trading advertises that it mainly offers access to trade in forex and cryptocurrencies of Bitcoin, Ethereum, etc.

Market Instruments

Packages

BitFX-Trading claims to offer three types of packages, namely Starter, Silver and Gold. The minimum initial deposit amount is $500 for the Starter Package, while the other two packages have much higher minimum initial capital requirements of $7,500 and $20,000 respectively. In comparison, licensed brokers allow setting up a starter account with a minimum deposit of $100 or even less.

Packages

Deposit & Withdrawal

The minimum initial deposit requirement at BitFX-Trading is said to be as high as $500. However, the broker says nothing about the acceptable deposit and withdrawal methods.

Customer Support

BitFX-Tradings customer support can be reached by telephone: +1 (740) 573-5489, email: support@bitfx-trading.com, live chat or send messages online to get in touch. Company address: Atlanta, Georgia, United States.

Risk Warning

Online trading involves a significant level of 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 contained in this article is for general information purposes only.

User Reviews

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柠檬28651
more than one year
I really wonder why there are so many scammers in the forex industry, and there are so many scams, there will always be new types of it! I see that BitFX-Trading has successfully scammed some people. Hope they are brought to justice as soon as possible. Those people who base their happiness on the losses of others deserve retribution.
I really wonder why there are so many scammers in the forex industry, and there are so many scams, there will always be new types of it! I see that BitFX-Trading has successfully scammed some people. Hope they are brought to justice as soon as possible. Those people who base their happiness on the losses of others deserve retribution.
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2023-03-22 12:23
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月伴影
more than one year
I cannot open its official website now, and I still have $1000 in my trading account… What should I do? I was unable to contact anyone in this company.
I cannot open its official website now, and I still have $1000 in my trading account… What should I do? I was unable to contact anyone in this company.
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2022-12-06 18:51
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