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No Regulation
Score
1.15 /10
Danger
BIT TRADE
1-2 yearsSuspicious Regulatory License
Suspicious Scope of Business
High potential risk
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Comparison
Quantity 1
Exposure
Open Account
Website
Score
Regulatory Index0.00
Business Index4.21
Risk Management Index0.00
Software Index4.00
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 :
2024-11-17
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
WikiFX Verification
Exposure
1 pieces of exposure in total Pyramid scheme complaint
Expose| Company Name | BIT TRADE |
| Registered Country | China |
| Founded Year | Within 1 year |
| Regulation | Unregulated |
| Products and Services | Crypto Mining, Forex Trading, Real Estate, Agriculture, and Gold |
| Capital-bittradex.pro Investment Offers | Basic Plan; Standard Plan; Professional Plan; Master Plan; Business Plan; VIP Plan |
| Deposit & Withdrawal | Email and phone support |
| Customer Support | Email: admin@capital-bittradex.pro; Contact form |
BIT TRADE Information
Bit Trade, established in China within 1 year, offers five trading options, including Crypto Mining and Gold. Users can access three customer support methods and enjoy no withdrawal limits.
However, the broker's recent establishment and unregulated status can increase safety risks.
Pros and Cons
| Pros | Cons |
| Five trading options | Unregulated status |
| Two customer support methods | Established in less than a year |
| No withdrawal limits |
Is BIT TRADE Legit?
Bit Trade was founded on November 9, 2020 and is registered with GoDaddy.com,LLC. Currently, major regulators such as the FCA or ASIC have not confirmed their regulatory status.
What Can I Trade on BIT TRADE?
Bit Trade provides five trading products: Crypto Mining, Forex Trading, Real Estate, Agriculture, and Gold. Although ETF trading or mutual funds are not supported, you can still enjoy a variety of investment options overall.
| Tradable Instruments | Supported |
| Crypto Mining | ✔ |
| Forex | ✔ |
| Agriculture | ✔ |
| Real Estate | ✔ |
| Gold | ✔ |
| ETFs | ❌ |
| Mutual Funds | ❌ |
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 |  |
 | |
Capital-bittradex Investment Plans
- Basic Plan: $150 minimum investment, 15% profit in 24 hours, maximum $1,000.
- Standard Plan: $1,005 minimum investment, 25% profit in 48 hours, maximum $5,000.
- Professional Plan (Most Popular): $5,001 minimum investment, 30% profit in 48 hours, maximum $10,000.
- Master Plan: $10,001 minimum investment, 40% profit after 24 hours, unlimited maximum.
- Business Plan: $15,000 minimum investment, 2% hourly profit over 7 days, unlimited maximum.
- VIP Plan: $50,000 minimum investment, 3% hourly profit over 10 days, unlimited maximum.
Customer Service
Bit Trade offers two customer support methods to assist users with any inquiries. They can reach out via email from Mon to Fri, 8:00 - 17:30, or through the online contact form on the website.
| Contact Options | Details |
| admin@capital-bittradex.pro | |
| Online Contact Form | Accessible via website for inquiries and feedback |
The Bottom Line
Although Bit Trade offers various trading options and investment plans that may attract those seeking diversified investment opportunities, its unregulated status and recent establishment suggest caution, making it less suitable for risk-averse traders.
FAQs
Is this broker safe?
No, Bit Trade's unregulated status makes it less secure for traders.
Is this broker good for beginners?
No, while Bit Trade offers various options, its lack of regulation may not provide the necessary protection for beginners.
Is this broker good for day trading?
No, the diverse trading options may appeal to day traders, but the unregulated status warrants careful consideration.
Risk Warning
Online trading is risky and not for everyone. Please understand the risks and notice that information may change.
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