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Bitfargo foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://www.bitfargo.io/real, about the company's legal and temporary regulatory information, the company's address Suite 305, Griffith Corporate Centre, Beachmont, Kingstown, St. Vincent and the Grenadines.

Bitfargo Forex Broker

Basic information

Registered region
Saint Vincent and the Grenadines
Operating period
--
Company Name
Bitfargo
Abbreviation
Bitfargo
Company employee
--
Customer Service Email Address
support@bitfargo.io
Contact number
+442039877739
Company address
Suite 305, Griffith Corporate Centre, Beachmont, Kingstown, St. Vincent and the Grenadines
Keywords
2-5 years
Suspicious Regulatory License
Suspicious Scope of Business
High potential risk

Company profile

  Official Website Unavailable

  The broker's official website does not work, and the information is not available on other websites as well, thus, clients only take a poorly-conceived browse. In addition, if clients would like to know something detailed, please spany to visit the official website, although it is likely that it does not work. Besides, the official website is as follows: https://www.bitfargo.io/home

  General Information

  Bitfargo is an emerging broker with a focus on cryptocurrencies, and the company was registered in Saint Vincent and the Grenadines with the resident at Suite 305, Griffith Corporate Centre, Beachmont, Kingstown, St. Vincent, and the Grenadines.

  Market Instruments

  In addition to the cryptocurrencies (BTC & XRP & LTC ), Bitfargo also offers traders a world-class trading experience with hundreds of tradable financial instruments including Forex (FX), Commodities, Stocks, as well as Indices.

  Accounts & Leverage

  Bitfargo provides the trader with three types of account, based on ones initial investment, Bitfargo offers multiple account types including Basic Account, Gold Account, as well as Platinum Account with very different conditions, besides, the minimum amount varies from 10,000 USD to 250,000 USD, for instance, the Basic Account sets a limit to the minimum deposit for 10,000USD, and the clients who would like to be the member of the Gold Account have to deposit the money of 50,000 USD, and the amount for the Platinum Account is no less than 250,000 USD. In addition, it is said that the leverage is capped at 1:200.

  Spreads & Commissions

  All the info we know is that the broker offers a high spread that the spread starts from 2.0 pips for EUR/USD pairs, whats more, not any commission info referred on the other websites.

  Trading Platform

  Bitfargo is non MT4/MT5 software provider, instead, clients are allowed to apply on a web-based trading platform that supports multiple time frames, charts, and some of the most popular drawing tools and price indicators.

  Deposit & Withdrawal

  Bitfargo accepts deposits via Bitcoin and wire transfers.

  Customer Support

  If in any doubts as to transactions, please call at +442039877739 or e-mail at support@bitfargo.io within a reasonable time.

  Risk Warning

  Trading in leveraged financial instruments carries a high level of risk, including the risk of losing your entire invested capital, and may not be suispan for all investors. The high leverage and volatility of such instruments can work against you as well as for you. Before you decide to trade, you should carefully consider your investment objectives, level of experience, and risk appetite. Wherever in doubt, you should consult and receive advice from independent experts, including legal, tax, and financial advisors.

Rating Index

Platinum

Minimum Deposit
250000$

Gold

Minimum Deposit
50000$

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Latest Reviews

朝阳晨曦

朝阳晨曦

Venezuela

The minimum deposit required for a basic account is very high. What’s worse, the account is not provide with negative balance protection. The account manager was also very ignorant and unable to provide any valuable trading advice. Overall, I feel very satisfied with Bitfargo platform. I could recommend this broker to you guys.

Neutral

2023-03-22

Bitfargo Forex Broker has an overall rating of 1.44, Regulatory Index 0.00, License Index 0.00, Business Index 6.49, Software Index 4.00 Risk Control Index 0.00.