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Score
United Kingdom
5-10 yearsSuspicious Regulatory License
Suspicious Scope of Business
High potential risk
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Comparison
Quantity 1
Exposure
Score
Regulatory Index0.00
Business Index7.25
Risk Management Index0.00
Software Index4.00
License Index0.00
Single Core
1G
40G
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Company Name
Bitfxmarket(UK)Ltd
Company Abbreviation
BitFxMarket
Platform registered country and region
United Kingdom
Company website
Company summary
Pyramid scheme complaint
Expose
Note: BitFxMarket's official website: https://bitfxmarket.com/ is currently inaccessible normal.
BitFxMarketReview Summary | |
Founded | 2010 |
Registered Country/Region | United Kingdom |
Regulation | ASIC/FCA (Suspicious Clone) |
Market Instruments | Forex, and CFDs on stocks, cryptocurrencies |
Demo Account | ❌ |
Leverage | / |
Spread | / |
Trading Platform | Web-based |
Min Deposit | $500 |
Customer Support | 24/7 live chat |
Phone: +1 (530) 777 5854 | |
Email: support@bitcoinfxoption.com, support@bitfxmarket.com |
BitFxMarket is a broker registered in the United Kingdom. It claims to offer a variety of financial products and 24/7 real-time support, but the lack of regulation brings great uncertainty and risk to its operations.
Pros | Cons |
Various market instruments | Suspicious clone ASIC licenses |
Multiple investment plans | Inaccessible website |
Diverse payment options | No demo accounts |
High initial deposit required | |
Limited info on trading conditions | |
No MT4/5 | |
High minimum deposit |
No. BitFxMarket currently has no valid regulations. The ASIC and FCA licenses are both suspicious clones.
Australia Securities & Investment Commission (ASIC) | |
Regulatory Status | Suspicious Clone |
Regulated by | Australia |
Licensed Institution | ETORO AUS CAPITAL LIMITED |
Licensed Type | Market Making (MM) |
Licensed Number | 491139 |
Financial Conduct Authority (FCA) | |
Regulatory Status | Suspicious Clone |
Regulated by | United Kingdom |
Licensed Institution | F1Markets Ltd |
Licensed Type | European Authorized Representative (EEA) |
Licensed Number | 744255 |
Tradable Instruments | Supported |
Forex | ✔ |
CFDs | ✔ |
Cryptocurrencies | ✔ |
Commodities | ❌ |
Indices | ❌ |
Stocks | ❌ |
Investment Plan | Return Rate |
Micro | 120% |
Standard | 140% |
Gold | 200% |
Ultimate | 250% |
BitFxMarket's minimum deposit is $500, but no specific fees are mentioned. BitFxMarket claims to offer over 70 payment methods, including credit cards, digital currencies, and money transfers/electronic funds transfers (EFT).
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