Score
BidTrade
China|2-5 years| https://bidtrade.net
Website
Rating Index
Contact
Licenses
Licensed Institution：Bids Trading Limited
License No.：763377
Single Core
1G
40G
1M*ADSL
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
Basic information
China
2-5 years Suspicious Regulatory License Suspicious Scope of Business High potential riskUsers who viewed BidTrade also viewed..
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Website
bidtrade.net
Server Location
United States
Website Domain Name
bidtrade.net
Server IP
172.67.128.188
Company Summary
Note: BidTrade's official website - https://bidtrade.net is currently inaccessible normally.
| BidTradeReview Summary | |
| Founded | 2023 |
| Registered Country/Region | / |
| Regulation | FCA (Suspicious clone) |
| Market Instruments | / |
| Demo Account | / |
| Leverage | Up to 1:100 |
| Spread | / |
| Trading Platform | Web-based |
| Min Deposit | $250 |
| Customer Support | Tel: +4001179181216 |
| Address: 50 Broadway, London, SW1H 0BL, UNITED KINGDOM | |
BidTrade was registered in 2023. Information about this company is scarce, and what is clear is that it uses its own web-based trading platform, and the minimum deposit is $250, with a maximum leverage of 1:100. Moreover, it holds a suspicious clone FCA license, and the potential risks are pretty high.
Pros and Cons
| Pros | Cons |
| None | Inaccessible website |
| Suspicious clone license | |
| Not supported by MT4 or MT5 | |
| High minimum deposit | |
| Only email support |
Is BidTrade Legit?
No, BidTrade holds a suspicious clone license. Since its website is inaccessible and its own trading platform is not stable, the potential risks are rather high, and please be aware of the risks!
| Regulatory Authority | Financial Conduct Authority (FCA) |
| Regulatory Status | Suspicious Clone |
| Regulated by | United Kingdom |
| Licensed Institution | Bids Trading Limited |
| Licensed Type | Appointed Representative (AR) |
| Licensed Number | 763377 |
Leverage
In BidTrade, the leverage can be up to 1:100. When the leverage is high, potential risks may also be high. Therefore, please be careful and weigh the risks before investing.
Trading Platform
BidTrade uses its own web-based trading platform.
| Trading Platform | Supported | Available Devices | Suitable for |
| Web Trader | ✔ | Web | / |
| MT4 | ❌ | / | Beginners |
| MT5 | ❌ | / | Experienced traders |
Keywords
- 2-5 years
- Suspicious Regulatory License
- Suspicious Scope of Business
- High potential risk
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