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BT Global Forex Broker provides real users with * positive reviews, * neutral reviews and 9 exposure review!

BT Global Broker Review

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BT Global Review 9

Latest All(9) Exposure(9)
Exposure
BT Global is irregular

The basic issues are as follows: Taking 1 lot as an example to calculate: 1. The equity is US$500, the margin is US$2,000, and liquidation requires 50% of the available funds. The overnight interest rate is 30 to 50 US dollars per day, which is too much. 2. The account on this platform can be logged in on other Hong Kong trading platforms, information leaked, and the company's risk control was not careful. 3. The card was not used exclusively for the purpose of use. There were multiple deposits and withdrawals to the savings card, and the card was frozen by the Public Security Bureau. 4. The funds have not entered the international market and may be virtual disks. 5. Develop gold contract products by yourself. There is no such product among international varieties. Positions are forced to be liquidated every Saturday and the risk is at its peak. 6. The App has monitoring functions and access to address book functions. 7. Develop a product by yourself. Spot XUS/USD(contract) will be liquidated every Saturday regardless of your profits or losses. The system will liquidate your positions. Whoever buys this product will be unlucky. The margin was raised three times a month and the overnight interest rate was raised once, which forced customers to invest in gold contract products. Many people were not washed away by the market, but were washed away by the platform, and all their money was lost.

道农
2023-10-23
Exposure
BT Global steals money

My deposit of $200 was stolen by BT Global. The app cannot be logged in.

迷失在黑夜
2022-01-19
Exposure

A fraud broker. Close your positions compulsorily. The ucstomer service is unwilling to give me an explanation. I am going to file the case

境迁
2021-03-13
Exposure
BT Global is suspected of scam. I’ve called the police

The language of BT Global is Chinese. And they don’t have the transaction qualification of China. And their foreign license is about forex. There are many victims.

FX6679014572
2021-03-09
Exposure
BT Global is a fraud

Scam. Must be punished. Fraud broker. Illegal fund-raising.

FX6679014572
2021-03-02
Exposure
The price of XAU/USD reached $1855.78 at 10:30, January 14. Please help me and give me justice

Severe slippage on January 14, 2021 made my positions wiped out. XAU/USD fell to about 1329 from 1942 this morning, at 10:30. But 111 manipulated the market, making it rise to 1855.78 from 1830 and blocked your server, making you unable to operate. When you logged out and relogin, your account was cleared. But 1855.78 wasn’t reached on other software. I reported it to the customer service, but they were stalling and waiting. I thought I was a new hand so I lost $9,161. But this is manipulation. I wanna get a refund.

Rickyzong
2021-01-14
Exposure

What should I do? I knew about the platform via the net and there was an activity about bonus so I invested in this platform. Now I've traded 85 lots but can't withdraw.

FX3458560503
2020-11-23
Exposure
必拓环球 is a fraud platform. Bet against customers

I posted orders of XAU/USD at night and it was completed at 4:50am at 1953.7. After the order was completed, the price went down in any other platforms, the highest price at 6:00 was 1949.78 where I can profit. However, my position was closed at 1954.63. The price is going too far. Are you afraid of losing money because you bet against customers? You claimed that your market is the same as the international market and there is no slippage and spread. But when you embezzle customers’ money, you said it depends on you.

liwei
2020-11-06

  

BT Global 2025 Review: Everything You Need to Know

  Summary: BT Global has garnered a largely negative reputation in the forex trading community, with numerous reports of withdrawal issues and user complaints indicating a lack of trustworthiness. Key concerns include its questionable regulatory status and poor customer service experiences.

  Note: It is crucial to recognize that BT Global operates in various regions, and the lack of consistent regulatory oversight is a significant factor in assessing its legitimacy. This review synthesizes information from multiple sources to provide a fair and accurate evaluation.

  

Rating Overview

Category Score (out of 10)
Account Conditions 3
Tools and Resources 4
Customer Service and Support 2
Trading Setup/Experience 3
Trustworthiness 1
User Experience 2

  How We Score Brokers: Our scoring is based on a comprehensive analysis of user feedback, expert opinions, and factual data regarding the broker's operations.

  

Broker Overview

  Founded in 2020, BT Global is a financial service provider that claims to operate under the auspices of regulatory bodies, including a dubious license from the National Futures Association (NFA) with license number 0525929. However, this claim has been met with skepticism, as many sources indicate that this regulation may be a clone or even fraudulent. The broker offers a trading platform that includes access to various asset classes such as currencies, commodities, indices, stocks, cryptocurrencies, bonds, and options. Despite its claims, the main website has been reported as unavailable, raising further concerns about its operational legitimacy.

  

Detailed Section

  

Regulatory Areas

  BT Global is primarily based in China, which is often regarded as a tax haven with lax regulatory oversight. The broker has faced scrutiny from various financial authorities, with reports indicating that it has been blacklisted in regions like Hong Kong. This lack of robust regulation poses significant risks for potential traders.

  

Deposit/Withdrawal Currency/Cryptocurrency

  Users can deposit funds through methods such as bank wire transfers, credit cards, and debit cards. However, a $25 fee is imposed for credit card withdrawals, which is considered excessive by many users. The minimum deposit requirement is set at $100, which is relatively standard in the industry.

  

Bonuses/Promotions

  The information available on BT Global's promotional offerings is sparse, with no clear details on bonuses or incentives for new traders being provided. This lack of transparency is concerning and contributes to the overall distrust surrounding the broker.

  

Tradable Asset Classes

  BT Global offers a diverse range of assets for trading, including major and minor currency pairs, commodities like gold and silver, stock indices, individual stocks, cryptocurrencies, bonds, and options. However, the execution quality and reliability of these trades have been called into question by several user reviews.

  

Costs (Spreads, Fees, Commissions)

  The spreads offered by BT Global range from 0.10 to 0.50 pips, which could be competitive if the trading conditions were reliable. However, the broker's reputation for slippage and manipulation has led many to question whether these spreads are genuinely beneficial. Additionally, commissions apply to certain markets, particularly U.S. equities and options, which can further erode traders' profits.

  

Leverage

  BT Global offers leverage ratios ranging from 1:50 to 1:200, which may attract traders looking for high-risk, high-reward opportunities. However, such leverage levels can also amplify losses, especially for inexperienced traders.

  

Allowed Trading Platforms

  The broker provides access to a web-based trading platform, BT Global WebTrader, and a desktop version, BT Global Trader. While both platforms offer various features, there is no mention of a mobile trading option, which is a significant drawback in today's mobile-centric trading environment.

  

Restricted Regions

  Due to its unregulated status and negative reputation, BT Global is likely restricted in many jurisdictions. Users in regions with stringent regulatory requirements should exercise extreme caution when considering this broker.

  

Available Customer Service Languages

  BT Global reportedly offers customer service in English and Chinese, but many users have complained about the responsiveness and quality of the support they receive. Negative experiences reported include difficulty in reaching support and unhelpful responses to inquiries.

  

Repeat Rating Overview

Category Score (out of 10)
Account Conditions 3
Tools and Resources 4
Customer Service and Support 2
Trading Setup/Experience 3
Trustworthiness 1
User Experience 2

  

Detailed Breakdown

  •   Account Conditions: Users have expressed dissatisfaction with the lack of clarity regarding account types and conditions. The absence of comprehensive information on account features raises significant red flags.

  •   Tools and Resources: While BT Global claims to provide various trading tools, user feedback suggests that these resources are minimal and not particularly helpful for traders.

  •   Customer Service and Support: The customer service experience has been widely criticized, with many users reporting slow response times and inadequate support.

  •   Trading Setup/Experience: The overall trading experience has been marred by reports of slippage and execution issues, leading to a lack of confidence among users.

  •   Trustworthiness: The broker's questionable regulatory status and numerous complaints about withdrawal issues contribute to a very low trust score.

  •   User Experience: Overall user experience is poor, with many traders feeling misled and expressing frustration over their inability to withdraw funds.

  •   In conclusion, BT Global has significant shortcomings that potential traders should consider carefully. The numerous user complaints and the lack of reliable regulatory oversight create a risky trading environment. As such, this broker is not recommended for those looking to invest their funds securely.