We use cookies to improve your experience on WeConnectFX.

BitFxtrade logo

BitFxtrade

Visit

Risk Level - High

Scam Evidence & Warnings

!

The UK FCA Added BitFxtrade into Its Warnings On 2 Sep 2022, the United Kingdom Financial Conduct Authority (UK FCA) issued a warning that BitFxtrade is providing financial services or products in the UK without authorisation. You may visit: https://www.fca.org.uk/news/warnings/bitfxtradez

!

BrokersView has Reviewed that BitFxtrade is an Unregulated Forex Broker BitFxtrade claims to be a reliable broker without presenting any information about its regulation. The lack of such important information may be a distinct signal of an unlicensed broker, as regulated brokers always present their accreditations and licenses in a prominent position. It is a red flag. BitFxtrade also claims to be located in the UK. As per United Kingdom law, all firms and individuals offering, promoting, or selling financial services or products in the UK shall be authorized by the United Kingdom Financial Conduct Authority (UK FCA). However, we only found a warning against this broker in UK FCA.The truth is that BitFxtrade is not regulated by any regulators. Letting this broker hold or control investors' money is unsafe, and the money can not be protected by any laws. Therefore, it is a scam.

!

BrokersView has found that BitFxtrade is not working BrokersView found the domain "https://bitfxtradez.online/" is not working, as most probably it was suspended and it is always a bad sign when broker's website is suspended.

Reviews

Please sign in or register to share your experience

No reviews yet for this broker. Be the first to leave one!

Dashboard Home Brokers Brokers Prop Firms Props