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Not a trusted broker
- 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-scamIs Bitforex Trade / Bitforextrade safe or a scam? - BrokerChooser
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Aug 16, 2023 · No. BITFOREX TRADE / BITFOREXTRADE is not authorised or registered by the FCA. Find out more about unauthorised firms and individuals.
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.
- BitforexTrade
- United States
- info@bitforextrade.live
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.
Jul 17, 2024 · Bitforex Trade / Bitforextrade is not a safe and trusted choice by BrokerChooser. Legal expert explains regulatory and safety info.
Absolute scam. Stay away. Manipulate their order hooks to show active trades but when you try to buy or sell anything, your order stay open for hours without anything happening.
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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.
Mar 20, 2023 · If you've lost money to a scam, report it to us and then contact Action Fraud. Find out how online trading scams work, how to avoid scams and what to do if you’re scammed.