Abstract:BitFX-Trading is allegedly a forex and crypto broker registered in the United States that claims to provide its clients with three types of packages.
General Information & Regulation
BitFX-Trading is allegedly a forex and crypto broker registered in the United States that claims to provide its clients with three types of packages. Here is the home page of this brokers official site:
As for regulation, it has been verified that BitFX-Trading does not fall under any valid regulations. That is why its regulatory status on WikiFX is listed as “No License” and it receives a relatively low score of 1.10/10. Please be aware of the risk.
Market Instruments
BitFX-Trading advertises that it mainly offers access to trade in forex and cryptocurrencies of Bitcoin, Ethereum, etc.
Packages
BitFX-Trading claims to offer three types of packages, namely Starter, Silver and Gold. The minimum initial deposit amount is $500 for the Starter Package, while the other two packages have much higher minimum initial capital requirements of $7,500 and $20,000 respectively. In comparison, licensed brokers allow setting up a starter account with a minimum deposit of $100 or even less.
Deposit & Withdrawal
The minimum initial deposit requirement at BitFX-Trading is said to be as high as $500. However, the broker says nothing about the acceptable deposit and withdrawal methods.
Customer Support
BitFX-Tradings customer support can be reached by telephone: +1 (740) 573-5489, email: support@bitfx-trading.com, live chat or send messages online to get in touch. Company address: Atlanta, Georgia, United States.
Risk Warning
Online trading involves a significant level of risk and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.
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