Score

1.37 /10
Danger

Bitmarket Trades

United States

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Comparison

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Exposure

Time Machine
Website

Score

Regulatory Index0.00

Business Index5.95

Risk Management Index0.00

Software Index4.00

License Index0.00

Time Machine
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! 2
Previous Detection : 2026-01-28
  • This broker lacks valid forex regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

Bitmarket Trades · Company summary
Bitmarket Trades Review Summary
Founded2001
Registered Country/RegionUnited States
RegulationNo regulation
Market InstrumentsStocks, Options, Futures, Commodities, Indices, Forex, CFDs
Demo Account/
Leverage/
EUR/USD SpreadFrom 0.0 pips
Trading PlatformBitmarket Trades App
Minimum Deposit/
Customer SupportPhone: +1 619 682 0076
Email: support@bitmarkettrades.com

Bitmarket Trades Information

Bitmarket Trades is an unregulated trading platform that started in 2001 and is situated in the US. It says that its own trading program lets you trade a wide range of financial assets, including Stocks, Options, Futures, Commodities, Indices, Forex, and CFDs.

Bitmarket Trades' homepage

Pros and Cons

ProsCons
Long operational historyNo regulation
Various trading productsLimited payment methods
No deposit/withdrawal fees

Is Bitmarket Trades Legit?

No. Bitmarket Trades is not regulated. It says it does business in the U.S., but it doesn't have a license from any U.S. regulatory bodies, including the Commodity Futures Trading Commission (CFTC) or the National Futures Association (NFA). Please be aware of the risk!

No license

WHOIS domain data show that the domain bitmarkettrades.comwas registered on August 13, 2022, and is still active. The last time the domain was changed was August 14, 2024, and it will expire on August 13, 2025. It is now in a “client transfer prohibited” state.

Domain information

What Can I Trade on Bitmarket Trades?

Bitmarket Trades gives you access to a lot of different things you can trade. They say that traders can trade more than 19,000 stocks, 1,200 options, and 300 futures in a range of asset sectors, including stocks, indices, energy, metals, agricultural, interest rates, and CFD currency pairs.

Tradable InstrumentsSupported
Stocks
Options
Futures
Commodities
Indices
Forex
CFDs
Cryptocurrencies
Bonds
ETFs
What Can I Trade on Bitmarket Trades?

Spreads

Bitmarket Trades offers tight spreads, which are usually lower than the industry average, especially for key currency pairs like EUR/USD and GBP/USD.

Currency PairSpread
EUR/USD~0.0 pips
GBP/USD~0.0 pips
USD/JPY~0.27 pips
USD/CHF~0.00 pips
AUD/USD~0.0 pips
USD/CAD~0.00 pips
Spreads

Trading Platform

Trading PlatformSupportedAvailable DevicesSuitable for
Bitmarket Trades AppiOS, Android, Web/
MetaTrader 4 /Beginners
MetaTrader 5/Experienced traders
Bitmarket Trades App

Deposit and Withdrawal

Bitmarket Trades doesn't say that it charges fees for deposits or withdrawals. Deposits are processed right away (or within 1 hour for bitcoin), and withdrawals usually take 2 hours. The site doesn't say how much the minimum deposit is, and the minimum withdrawal amount depends on how much the user makes. Users can take out up to 95% of the money they have made.

Deposit Options

Deposit MethodMinimum DepositDeposit FeesDeposit Time
Cryptocurrencies/010 minutes - 1 hour
Bank TransferInstant

Withdrawal Options

Withdrawal MethodMinimum WithdrawalWithdrawal FeesWithdrawal Time
CryptocurrenciesDepends on earnings0Less than 2 hours
Bank Transfer
Deposit and Withdrawal

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