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Not Regulated
Score
1.47 /10
Danger
8 Bitnex
2-5 yearsQuestionable Regulatory License
Self-developed
Suspicious Operational Region
High Potential Risk
Influence
C
Add brokers
Comparison
Expose
Exposure
Open Account
Website
Score
Regulatory Index0.00
Business Index6.30
Risk Management Index0.00
Software Index4.37
License Index0.00
Open Account
Website
Licenses
No valid regulatory information, please be aware of the risk
VPS Standard
No restriction on the broker account. Support service provided by WikiFX
Single Core
1G
40G
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Warning: Low score, please stay away!
Previous Detection :
2026-06-13
- This broker lacks valid forex regulation. Please be aware of the risk!
WikiFX Verification
| 8 Bitnex Review Summary | |
| Founded | 2023 |
| Registered Country/Region | Australia |
| Regulation | No regulation |
| Market Instruments | Forex, stocks, commodities, indices |
| Demo Account | / |
| Spread | From 0.9 pips |
| Leverage | Up to 1:500 |
| Minimum Deposit | USD 100 |
| Trading Platform | 8BXBTS |
| Customer Support | Live chat |
8 Bitnex Information
8 Bitnex, a brokerage company who doesn't disclose much information about the background itselft, has Chinese website and mainly targets Chinese investors. It supports trading in more than 110 products including forex, stocks, commodities and indices.
The broker provides 3 tiered live accounts for different client groups, with an affordable minimum deposit of USD 100. Traders can execute trades on its proprietary platform 8BXBTS.
However, the broker is not being well-regulated by any official authorities so far, which degrades its credibility and trustworthiness.
Pros and Cons
| Pros | Cons |
| Affordable minimum deposit | No regulation |
| Tiered accounts | Limited customer support channels |
| Tight spreads | No MT4/5 platforms |
| Live chat support | Withdrawal fees charged |
Is 8 Bitnex Legit?
The most important factor in measuring the safety of a brokerage platform is whether it is formally regulated. 8 Bitnex is an unregulated broker, which means that the safety of users' funds and trading activities are not effectively protected. Investors should choose 8 Bitnex with caution.
What Can I Trade on 8 Bitnex?
8 Bitnex offers 110+ trading instruments:
| Tradable Instruments | Supported |
| Forex | ✔ |
| Commodities | ✔ |
| Indices | ✔ |
| Stocks | ✔ |
| Cryptocurrencies | ❌ |
| Bonds | ❌ |
| Options | ❌ |
| ETFs | ❌ |
Account Type & Fees
Bitnex does not provide demo accounts for practice. To start with the broker, you need to open a Standard account, with a relatively acceptable minimum deposit of USD 100.To go further, you need to invest more in higher tier accounts when gaining enough experience.
Spreads are tight, starting from 0.9 pips for the VIP account, 1.1 pips for the Professional account and 1.5 pips for Standard account.
| Account Type | Minimum Deposit | Spread from |
| Standard | USD 100 | 0.9 pips |
| Professional | USD 5,000 | 1.1 pips |
| VIP | USD 20,000 | 1.5 pips |
Leverage
8 Bitnex offers leverage up to 1:500 for all account types. It's always wise to be cautious with leverage since it's a double-edged sword which signifies your profits as well as losses at the same level.
Trading Platform
8 Bitnex offers a proprietary trading platform which can be downloaded on PC, mobile phones on Windows, iOS and Android devices. Traders can also access the platform via web, which has no limitation for devices to traders. The platform is said to have professional chart analysis indicators, efficient order execution.
| Trading Platform | Supported | Available Devices | Suitable for |
| 8BXBTS | ✔ | Windows/ iOS/ Android/Web | 8 Bitnex clients |
| MT4 | ❌ | / | Beginners |
| MT5 | ❌ | / | Experienced traders |
Deposit and Withdrawal
You can deposit funds via UnionPay debit card through the internet bank with instant arrival.
While for withdrawals, processing time will be around 2 hours and minimum withdrawal should be CYN 1000, with below withdrawal fees charged:
| Withdrawal Fee | Amount | Fee |
| Less than USD 50 | USD 3 | |
| Less than 50% of account deposit | 6% | |
| The first 3 times per day (withdrawal more than account deposit more than 60% and USD 50 ) | Free | |
| From the 4th time within a day | 5% |
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