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BTCI Forex Broker provides real users with * positive reviews, * neutral reviews and 2 exposure review!

BTCI Broker Review

1.41

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BTCI Review 2

Latest All(2) Exposure(2)
Exposure
My money has been frozen and I cannot withdraw it

It turns out that every time I deposited into different accounts and supposedly earned a percentage, when I tried to withdraw, they froze my money supposedly because I made a mistake, and to fix that, they asked me for more money to deposit. They have chat accounts on Telegram that do not reflect their phone number. The amounts keep getting higher, becoming unaffordable. They change the names of their chats from time to time, even their profile pictures. I want my money. I made an investment of 170,396.00 DOP to supposedly earn 216,539.00 DOP. Return my investment. Known as Bitci. They use the following websites: https://banduisonline.com/#/ https://chainmine.top/#/

Jodhammes Marte Fermin
2024-07-19
Exposure
HELP PLEASE 😭😭😭😭😭

Through the Telegram APP they tell you about partial work, perform tasks, until the former everything was fine, then they put 3 orders with a random amount and until you pay the last one you cannot withdraw the money and when you tried to do it with the Instructions that they give you realize that they tell you the things disguised and when you make the error they continue to ask for money, they asked me more than 229,000 of a single amount than to open a VIP2 and be able to withdraw all the money together, pay 115 000 of those because they told me that they would give me half of the money that is frozen with that and the other party when paying the rest and after I did the transfer of the 115,000 me they say it was rejected, that I must complete the payment to make the full order and remove everything at once. In total it is more than 500,000 Dominican pesos, I do not know what I am going to do, I have indebted, I have lost all my savings to supposedly defrost and withdraw my money but I began to suspect because they eliminated the profiles of the people I spoke with and the "workgroup". Please help 😭😭😭 I have all the vouchers, the 115,000 do not appear on the platform because they say that I must complete the 229,000 to "withdraw everything together", I have nothing left, I do not know what I am going to do 😭😭😭😭, Help

Rebe6738
2024-06-01

  

BTCI 2025 Review: Everything You Need to Know

  In this comprehensive review of BTCI, we delve into the broker's features, user experiences, and expert opinions to provide a balanced perspective. BTCI has garnered mixed feedback, with concerns about its regulatory status and user experiences dominating the conversation. Key findings highlight the broker's lack of regulation and potential risks associated with trading on its platform.

  Note: It's crucial to be aware that BTCI operates under different entities in various regions, which can affect user experiences and regulatory compliance. We have adopted a fair and accurate approach to present this review based on the available information.

  

Ratings Overview

Category Score (out of 10)
Account Conditions 4
Tools and Resources 5
Customer Service and Support 3
Trading Experience 4
Trustworthiness 2
User Experience 3

  How We Rate Brokers: Our ratings are derived from a combination of user feedback, expert analysis, and factual data regarding the broker's offerings and practices.

  

Broker Overview

  BTCI, operating under the name Binary Trade Capital Investment, has been active for approximately 2-5 years. The broker primarily offers trading through platforms such as MT4 and MT5, providing access to a range of asset classes, including cryptocurrencies and forex. However, it is important to note that BTCI is not regulated by any major financial authority, raising concerns about its credibility and the safety of user funds.

  

Detailed Section

  • Regulated Areas/Regions: BTCI operates without a valid regulatory framework, which is a significant red flag for potential traders.
  • Deposit/Withdrawal Currencies/Cryptocurrencies: The platform allows deposits in various fiat currencies, but specific details regarding withdrawal methods remain unclear.
  • Minimum Deposit: The minimum deposit requirement is not explicitly stated in the sources, which could deter potential traders.
  • Bonuses/Promotions: There is no substantial information regarding any bonuses or promotional offers.
  • Tradable Asset Classes: BTCI offers a selection of cryptocurrencies alongside forex trading.
  • Costs (Spreads, Fees, Commissions): The costs associated with trading on BTCI are not clearly outlined, leading to uncertainty about the overall trading expenses.
  • Leverage: Information on leverage options is limited, which is crucial for traders looking to maximize their positions.
  • Allowed Trading Platforms: BTCI supports MT4 and MT5, which are popular among traders for their robust features.
  • Restricted Regions: The broker does not specify which regions it restricts, but the lack of regulation may imply limited access in certain jurisdictions.
  • Available Customer Service Languages: Customer support language options are not clearly mentioned, which may affect non-English speaking users.

  

Ratings Revisited

Category Score (out of 10) Detailed Breakdown
Account Conditions 4 The absence of a clear minimum deposit requirement and lack of regulatory oversight diminish the appeal for potential traders.
Tools and Resources 5 BTCI offers standard trading platforms (MT4/MT5) but lacks advanced tools that are often expected by traders.
Customer Service and Support 3 User reviews indicate poor customer support experiences, with many users expressing frustration over unresponsive service.
Trading Experience 4 The trading experience is hindered by the lack of transparency regarding costs and regulatory status, leading to potential risks for traders.
Trustworthiness 2 The absence of regulation and mixed user reviews contribute to a low trust score for BTCI.
User Experience 3 Users report a lack of clarity and support, which negatively impacts overall user satisfaction.

  

Detailed Breakdown

  •   Account Conditions: BTCI's lack of regulatory status is a significant concern. According to various sources, including WikiFX, the broker has been flagged for its suspicious scope of business and high potential risks. This lack of oversight raises alarms for potential investors who prioritize security.

  •   Tools and Resources: The availability of MT4 and MT5 is a positive aspect, as these platforms are well-regarded in the trading community. However, the absence of advanced trading tools and resources can be a drawback for traders seeking a competitive edge.

  •   Customer Service and Support: User reviews consistently highlight poor customer service experiences. Many users reported difficulties in reaching support and resolving issues, which is a critical factor for traders who need timely assistance.

  •   Trading Experience: Despite offering a familiar trading platform, the overall experience is marred by uncertainties surrounding costs and regulatory compliance. Users have expressed concerns about hidden fees and the lack of transparency in trading conditions.

  •   Trustworthiness: The absence of regulation is a major concern, with sources indicating that BTCI operates without oversight from trusted financial authorities. This lack of trust is further compounded by negative user experiences and reports of potential scams.

  •   User Experience: Overall, user experiences with BTCI are mixed, with many expressing dissatisfaction due to the lack of support and transparency. The broker's reputation is tarnished by reports of unresponsive customer service and unclear trading conditions.

  •   In conclusion, while BTCI offers access to popular trading platforms and asset classes, its lack of regulation, poor customer service, and mixed user experiences raise significant concerns. Traders should exercise caution and thoroughly research before engaging with this broker.

BTCI review