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1. • • Bitforex Trade / Bitforextrade is not a trusted broker because it is not regulated by a financial authority with strict standards. We would not open an account for ourselves with them. If you want to stay safe, only sign up with brokers that are overseen by a top-tier and stringent regulator.
     brokerchooser.com/safety/bitforex-trade-bitforextrade-broker-safe-or-scam

     Is Bitforex Trade / Bitforextrade safe or a scam? - BrokerChooser

2. People also ask

   Is bitforextrade a scam?

   • These kinds of unbalanced, misleading claims can indicate that you are dealing with a potential forex scam. BitForexTrade lacks regulation from legitimate, reliable regulatory jurisdictions and appears on the FCA's warning list for unauthorised firms. We do not recommend opening an account with BitForexTrade.

   20 Scam Forex Brokers to Avoid in 2024 - ForexBrokers.com

   www.forexbrokers.com/education/scam-forex-brokers-list

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   Is bitforex safe?

   • Yes, BitForex is completely safe and legit to use and has high-security features. However, we suggest that US customers check with their own state rules or federal rules before trading on BitForex. Can You Trade Forex (FX) on BitForex?

   BitForex Review 2023 | Pros and Cons - CoinStats Blog

   coinstats.app/blog/bitforex-review/

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   Is bitforex a good trading platform?

   • Most BitForex reviews are satisfied with its convenient, intuitive interface, the charting platform provided by TradingView, low trading fees, a wide variety of trading pairs with high liquidity, and innovative products and services.

   BitForex Review 2023 | Pros and Cons - CoinStats Blog

   coinstats.app/blog/bitforex-review/

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   How many users does bitforex have?

   • Launched in 2017, BitForex has over 6 million users in over 200 countries and regions. Our BitForex exchange review will discuss the BitForex platform’s services and products, pros and cons, trading fees, security, etc., and demonstrate how to register on the exchange to start trading and maximize profits. What Is BitForex?

   BitForex Review 2023 | Pros and Cons - CoinStats Blog

   coinstats.app/blog/bitforex-review/

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   Is Forex trade platform a scam?

   • Forex Trade Platform claims to provide "90% high probability forex trades" and that it can "ensure your profitability." This broker also promises "minimum expected profits" for its clients. These types of extreme, unbalanced claims are red flags and can indicate that you have come across a forex scam.

   20 Scam Forex Brokers to Avoid in 2024 - ForexBrokers.com

   www.forexbrokers.com/education/scam-forex-brokers-list

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   How to buy Crypto on bitforex?

   • To purchase crypto on BitForex, users must log in, navigate to ‘Assets,’ then ‘Purchase Now,’ select the crypto coin, and finalize the payment. Moreover, users can also trade digital coins using the Spot Market in their BitForex account. BitForex exchange provides leverage up to 100x on perpetual contracts.

   BitForex Review 2023 | Pros and Cons - CoinStats Blog

   coinstats.app/blog/bitforex-review/

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3. www.fca.org.uk › news › warningsBITFOREX TRADE / BITFOREXTRADE | FCA

   www.fca.org.uk › news › warnings

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   Aug 16, 2023 · BITFOREX TRADE / BITFOREXTRADE is not authorised or registered by the FCA. Find out more about unauthorised firms and individuals.

4. brokerchooser.com › safety › bitforex-trade-bitforexIs Bitforex Trade / Bitforextrade safe or a scam? - BrokerChooser

   brokerchooser.com › safety › bitforex-trade-bitforex

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   Jul 17, 2024 · Bitforex Trade / Bitforextrade is not a safe and trusted choice by BrokerChooser. Legal expert explains regulatory and safety info.

5. www.forexbrokers.com › education › scam-forex20 Scam Forex Brokers to Avoid in 2024 - ForexBrokers.com

   www.forexbrokers.com › education › scam-forex

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   Oct 3, 2024 · BitForexTrade lacks regulation from legitimate, reliable regulatory jurisdictions and appears on the FCA's warning list for unauthorised firms. We do not recommend opening an account with BitForexTrade.

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6. www.topforx.com › broker-reviews › bitforex-tradeIs Bitforex Trade / Bitforextrade safe or a scam broker?

   www.topforx.com › broker-reviews › bitforex-trade

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   The UK’s financial watchdog, the Financial Conduct Authority (FCA), issued a warning about it. Bitforextrade, claimed to be a US-based broker, isn’t registered with the National Futures Association (NFA), another red flag. They promise big returns and guaranteed profits, which is suspicious.

   • Company Name: BitforexTrade
   • Headquarters: United States

   • Contact: info@bitforextrade.live

7. www.scamvoid.netCheck if a Website is Legitimate or Scam | Scamvoid

   www.scamvoid.net

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   Check if a website is a scam, check if a website is legit and trusted by other users. Powered by Site Trustworthiness API. Check Website. Reputation. Find out the trustworthiness value of a website (powered by MyWOT) so you can easily identify untrusted and potentially unsafe websites. Blocklist.

8. www.scam-detector.com › validator › bitforextradebitforextrade.com Review - Scam Detector

   www.scam-detector.com › validator › bitforextrade

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   Is bitforextrade.com legit? Is it a trusted option or it raises concerns? This thorough review offers an overview that tells you if it’s a scam or not.

9. coinstats.app › blog › bitforex-reviewBitForex Review 2023 | Pros and Cons | CoinStats Blog

   coinstats.app › blog › bitforex-review

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   Jul 2, 2023 · Our BitForex exchange review will discuss the BitForex platform’s services and products, pros and cons, trading fees, security, etc., and demonstrate how to register on the exchange to start trading and maximize profits.