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Score

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/10

BitFxMarket

United Kingdom|5-10 years|
Suspicious Scope of Business|High potential risk|

https://bitfxmarket.com/

Website

Rating Index

Contact

+1 (530) 777 5854
support@bitcoinfxoption.com
https://bitfxmarket.com/
639 Bonhill St, Bethnal Green, London EC2A 4BX, United Kingdom

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

Open Now

Contact number

English

+1 (530) 777 5854

Other ways of contact

Broker Information

More

Company Name

Bitfxmarket(UK)Ltd

Abbreviation

BitFxMarket

Platform registered country and region

United Kingdom

Company website

Pyramid scheme complaint

Expose

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Warning: Low score, please stay away! 4
Previous Detection : 2024-11-21
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The number of this brokers's negative field survey reviews has reached 1. Please be aware of the risk and the potential scam!
  • The United KingdomFCA regulation (license number: 744255) claimed by this broker is suspected to be clone. Please be aware of the risk!
  • The AustraliaASIC regulation (license number: 491139) claimed by this broker is suspected to be clone. Please be aware of the risk!

WikiFX Verification

BitFxMarket · WikiFX Survey
Danger A Visit to BIT FX in Australia - Fake Address
Australia

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BitFxMarket · Company Summary

Note: BitFxMarket's official website: https://bitfxmarket.com/ is currently inaccessible normal.

BitFxMarketReview Summary
Founded2010
Registered Country/RegionUnited Kingdom
RegulationASIC/FCA (Suspicious Clone)
Market InstrumentsForex, and CFDs on stocks, cryptocurrencies
Demo Account
Leverage/
Spread/
Trading PlatformWeb-based
Min Deposit$500
Customer Support24/7 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.

BitFxMarket's homepage

Pros and Cons

ProsCons
Various market instrumentsSuspicious clone ASIC licenses
Multiple investment plansInaccessible website
Diverse payment optionsNo demo accounts
High initial deposit required
Limited info on trading conditions
No MT4/5
High minimum deposit

Is BitFxMarket Legit?

No. BitFxMarket currently has no valid regulations. The ASIC and FCA licenses are both suspicious clones.

ASIC
Australia Securities & Investment Commission (ASIC)
Regulatory StatusSuspicious Clone
Regulated byAustralia
Licensed InstitutionETORO AUS CAPITAL LIMITED
Licensed TypeMarket Making (MM)
Licensed Number491139
Is BitFxMarket Legit?
FCA
Financial Conduct Authority (FCA)
Regulatory StatusSuspicious Clone
Regulated byUnited Kingdom
Licensed InstitutionF1Markets Ltd
Licensed TypeEuropean Authorized Representative (EEA)
Licensed Number744255
Is BitFxMarket Legit?

What Can I Trade on BitFxMarket?

Tradable InstrumentsSupported
Forex
CFDs
Cryptocurrencies
Commodities
Indices
Stocks
What Can I Trade on BitFxMarket?

Investment Plan

Investment PlanReturn Rate
Micro120%
Standard140%
Gold200%
Ultimate250%

Deposit and Withdrawal

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).

Review 2

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