Bitmarket Trades Forex Broker

Bitmarket Trades Review Summary Founded2001 Registered Country/RegionUnited States RegulationNo regulation Market InstrumentsStocks, Options, Futures, Commodities, Indices, Forex, CFDs Demo Account/ Leverage/ EUR/USD SpreadFrom 0.0 pips Trading PlatformBitmarket Trades App Minimum Deposit/ Customer SupportPhone: +1 619 682 0076 Email: support@bitmarkettrades.comBitmarket Trades Information Bitmarket Trades is an unregulated trading platform that started in 2001 and is situated in the US. It says that its own trading program lets you trade a wide range of financial assets, including Stocks, Options, Futures, Commodities, Indices, Forex, and CFDs.Pros and Cons ProsCons Long operational historyNo regulation Various trading productsLimited payment methods No deposit/withdrawal feesIs Bitmarket Trades Legit? No. Bitmarket Trades is not regulated. It says it does business in the U.S., but it doesn't have a license from any U.S. regulatory bodies, including the Commodity Futures Trading Commission (CFTC) or the National Futures Association (NFA). Please be aware of the risk! WHOIS domain data show that the domain bitmarkettrades.comwas registered on August 13, 2022, and is still active. The last time the domain was changed was August 14, 2024, and it will expire on August 13, 2025. It is now in a “client transfer prohibited” state.What Can I Trade on Bitmarket Trades? Bitmarket Trades gives you access to a lot of different things you can trade. They say that traders can trade more than 19,000 stocks, 1,200 options, and 300 futures in a range of asset sectors, including stocks, indices, energy, metals, agricultural, interest rates, and CFD currency pairs. Tradable InstrumentsSupported Stocks✔ Options✔ Futures✔ Commodities✔ Indices✔ Forex✔ CFDs✔ Cryptocurrencies✘ Bonds✘ ETFs✘Spreads Bitmarket Trades offers tight spreads, which are usually lower than the industry average, especially for key currency pairs like EUR/USD and GBP/USD. Currency PairSpread EUR/USD~0.0 pips GBP/USD~0.0 pips USD/JPY~0.27 pips USD/CHF~0.00 pips AUD/USD~0.0 pips USD/CAD~0.00 pipsTrading Platform Trading PlatformSupportedAvailable DevicesSuitable for Bitmarket Trades App✔iOS, Android, Web/ MetaTrader 4 ✘/Beginners MetaTrader 5✘/Experienced tradersDeposit and Withdrawal Bitmarket Trades doesn't say that it charges fees for deposits or withdrawals. Deposits are processed right away (or within 1 hour for bitcoin), and withdrawals usually take 2 hours. The site doesn't say how much the minimum deposit is, and the minimum withdrawal amount depends on how much the user makes. Users can take out up to 95% of the money they have made. Deposit Options Deposit MethodMinimum DepositDeposit FeesDeposit Time Cryptocurrencies/010 minutes - 1 hour Bank TransferInstant Withdrawal Options Withdrawal MethodMinimum WithdrawalWithdrawal FeesWithdrawal Time CryptocurrenciesDepends on earnings0Less than 2 hours Bank Transfer