Bittra Review 8
At around 10:30 in the morning on February 2nd, I was trying to increase my capital in FX (584,000 yen) and asked Mr. Kamijo, a BITTRA support person, to introduce me to an account, but I found out that the recipient of the transfer was a foreigner. I refused, but was informed that they could only introduce foreign accounts for amounts less than 1 million yen. I guess I had no choice but to transfer money to a foreign account, but I didn't receive any response regarding the transfer until around 11pm on February 2nd. It was a capital increase to trade at the big market price at 10:30pm on the night of February 2nd. 5-10 minutes after the big market transaction ended, Mr. Kamijo told me in the attached chat that the account I made the transfer into was frozen, and that I should immediately notify the bank to cancel the transfer, and that the FX trading account was suspected of being a money launderer. I was contacted to immediately transfer 600,000 yen as it would be frozen. It was a malicious tactic, such as going out of its way to contact me after a large market trade had been completed and I had made a large profit. After that, we communicated many times, but I heard a lot of strange Japanese, and I realized that the person was pretending to be Japanese. As a result of questioning, four people, including myself, were forced to leave the investment course the next morning. At the moment, Mr. Kamijo's chat is not marked as read despite my message. We have now realized that we were victims of fraud by an overseas fraud group.
When I went through the withdrawal procedure this morning, I was told that the internal rules had changed since February 1st, and that I would not be able to withdraw money unless I paid 20% of my account balance. In my case, it's about 760,000 yen, but I don't know why. Also, if the amount to be transferred is less than 1 million yen, only foreign personal accounts can be prepared, similar to the last time the bank was frozen. In the previous history, even if BITTRA specified a transfer account, it was the user's responsibility if the account was frozen. I can't believe this idea. My principal is in it, so I want to get it back, but I may not be able to trust the person.
Trading hours are extensive, covering all major market sessions, so I never miss an opportunity. But spreads widen during certain times.
Been trading on Bittra for a few months. Really like the variety of assets and the platform's ease of use. Had a bit of a wait for customer support once, but overall, it's good.
When I was trying to increase my capital in FX, a BITTRA/support representative introduced me to a transfer account, but the account was in a foreigner's name, so I refused the transfer. However, the BITTRA representative told me that they can only introduce foreign accounts for amounts less than 1 million yen, so I had no choice but to transfer money to that account, but no matter how many times I urged them, there was no response regarding confirmation of the deposit until around 11:00 pm on the same day. That evening, I finally got a chat with the person in charge and was told that the account I made the money into was frozen. However, not only that, my FX trading account was also frozen on suspicion of money laundering, and I was immediately instructed to ``transfer additional security deposit.'' This is a malicious tactic where they go out of their way to make large profits after completing large market trades and then freeze not only the transfer account but also the securities account. In addition, regarding the security deposit transfer for which there was an additional transfer instruction, the instructor of the LINE investment course (an ``impersonation'' of former Mizuho Bank employee ``Daisuke Karakama'') sent a photo of his driver's license as a guarantee for the deposit transfer. However, this is clearly a "fake driver's license" (confirmed at the police station). When I pointed out to BITTRA that it was a scam, I was forced to leave the FX investment study group the next morning. After that, after communicating with the BITTRA representative many times on LINE, I managed to get a promise to withdraw the funds from my account without any additional deposit, so I contacted them with my bank account information, but the BITTRA representative stopped contacting me immediately. Moreover, the LINE account of the person in charge of BITTRA was also deleted and it became impossible to contact them. After that, the trading software provided by BITTRA was also disconnected from the server, and the exchange appeared to be closed. Therefore, BITTRA ran away with my account funds. At the same time, the "Karakama Daisuke impersonator" has also become unreachable. Furthermore, when I checked with the police, it was discovered that all the bank accounts I used to make the transfer had been frozen by the fraud victim. Once again, I realized that I was a victim of fraud by a "malicious exchange." I later found out that BITTRA's support person had five LINE accounts and was using them for different purposes, so he seemed to be a repeat scammer. I had the opportunity to speak directly with them once, but the BITTRA representative's voice was male, not female. Even now, I use another LINE account to check my LINE posting history once every 10 days, but BITTRA still hasn't withdrawn the funds from my account. Based on the above, BITTRA can be said to be an organized criminal group.
Jumping into trades with Bittra was a unique experience. Their platform has a sleek, user-friendly design with a pretty versatile range of assets to trade, from stocks and bonds to commodities and cryptos. I appreciated the real-time market data and the handy trading tools. However, while the overall look and feel was professional, the text on the site felt pretty generic and not super specific to what Bittra specifically offers. Expect a better Bittra.
Bittra's got some cool features, but it's not all sunshine. Dig the variety of assets; suits my trading vibe. App's a breeze to navigate, perfect for sneaky trades during the day. The blog's a good read; got some nuggets of wisdom. But, and it's a big but, no regulators watching the scene, especially in the U.S.
Whether I'm into stocks, bonds, or cryptocurrencies, Bittra has it all. The user-friendly design is a big plus, and I can easily access it on my phone, making trades on the go. The educational blog has been helpful too; I've picked up some useful trading strategies. However, the lack of regulatory oversight, especially in the U.S., does make me a bit nervous. I wish there was more clarity on customer support; relying on just an email feels a bit uncertain.
