BrokersView has found that BitradeX appears to be a scam BitradeX claims to be regulated by the Financial Crimes Enforcement Network (FinCEN). While a possible registration record can be found in the database, it is important to note that FinCEN does not fully regulate cryptocurrency trading activities. In the United States, the primary regulatory body overseeing forex brokers is the National Futures Association (NFA). BitradeX is not registered or authorised by the NFA or any other reputable financial regulatory agency. Therefore, based on the available information, BitradeX is operating without proper authorisation from any credible forex regulator. Therefore, BitradeX appears to be a scam.

The Malaysia SC issues a warning against BitradeX The Securities Commission Malaysia (SC) has announced an update to its Investor Alert List, adding BitradeX flagged for potential investment-related risks.