BitFxMarket Forex Broker

Note: BitFxMarket's official website: https://bitfxmarket.com/ is currently inaccessible normal.BitFxMarketReview SummaryFounded2010Registered Country/RegionUnited KingdomRegulationASIC/FCA (Suspicious Clone)Market InstrumentsForex, and CFDs on stocks, cryptocurrenciesDemo Account❌Leverage/Spread/Trading PlatformWeb-basedMin Deposit$500Customer Support24/7 live chatPhone: +1 (530) 777 5854Email: support@bitcoinfxoption.com, support@bitfxmarket.com BitFxMarket is a broker registered in the United Kingdom. It claims to offer a variety of financial products and 24/7 real-time support, but the lack of regulation brings great uncertainty and risk to its operations.Pros and ConsProsConsVarious market instrumentsSuspicious clone ASIC licensesMultiple investment plansInaccessible websiteDiverse payment optionsNo demo accountsHigh initial deposit requiredLimited info on trading conditionsNo MT4/5High minimum depositIs BitFxMarket Legit? No. BitFxMarket currently has no valid regulations. The ASIC and FCA licenses are both suspicious clones.Australia Securities & Investment Commission (ASIC)Regulatory StatusSuspicious CloneRegulated byAustraliaLicensed InstitutionETORO AUS CAPITAL LIMITEDLicensed TypeMarket Making (MM)Licensed Number491139Financial Conduct Authority (FCA)Regulatory StatusSuspicious CloneRegulated byUnited KingdomLicensed InstitutionF1Markets LtdLicensed TypeEuropean Authorized Representative (EEA)Licensed Number744255What Can I Trade on BitFxMarket?Tradable InstrumentsSupportedForex✔CFDs✔Cryptocurrencies✔Commodities❌Indices❌Stocks❌Investment PlanInvestment PlanReturn RateMicro120%Standard140%Gold200%Ultimate250%Deposit and Withdrawal BitFxMarket's minimum deposit is $500, but no specific fees are mentioned. BitFxMarket claims to offer over 70 payment methods, including credit cards, digital currencies, and money transfers/electronic funds transfers (EFT).