A Bitcoin FX Option review is here to reveal the truth about BitcoinFXOption.com website so that you will be clear either Bit FX Market is scam or legit and what is BitcoinFXOption.com in real. So, your search for Bitcoin FX Option reviews to find out either is BitcoinFXOption legit or fraud ends here. OK, let’s begin with our BitcoinFXOption.com review.
What is Bitcoin FX Option AKA Bit FX Market scam or legit?
Bitcoin FX Option claims to be a legal trading platform for Forex, stock, Crypto currency, and so on but in reality, it is an illegal trading firm known as a offshore broker because it is providing regulated activities in jurisdiction in which it doesn’t have proper licensing. Like lots of offshore brokers, you can’t find any information about who and from where is operating and running the BitcoinFXOption.com on its website and those details have also concealed in WHOIS record. None of the legit investment companies hide their owner details and company’s location, only the scam ones do.
So definitely Bitcoin FX Option is a scam. For more details, please continue reading our BitcoinFXOption.com review below.
- 1 Bitcoin FX Option Review
- 1.1 Read this before you Deposit with Bitcoin FX Option
- 1.2 Are your funds safe?
- 1.3 BEST Forex Brokers
- 1.4 Bitcoin FX Option Review Conclusion
Bitcoin FX Option Review
When it comes to finding out the truth about brokers, it’s good to read reviews. Reviews are meant to give a clear picture of what to expect with a broker. This broker has started off with huge claims and promises that undoubtedly entice the heart. Another thing that this scammer has done is come up with fake license number. Specifically, they are cloning license from CySEC, ASIC and the FCA. Remember that’s it’s a scammer’s goal to deceive you!
Don’t always believe what some of these brokers claims. Some of these brokers want to create an illusion that they are real brokers. At first, one cannot see how Bitcoin FX Option can possibly be a scam. Worry not, we will reveal all the dirty tricks that this scam broker has used to entice users. Folks, we will help you see what the naked eye cannot possibly find fault with Bitcoin FX Option.
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Read this before you Deposit with Bitcoin FX Option
Being an offshore broker, we highly doubt that this broker is remotely licensed or regulated. However, there are claims on their homepage that this broker is indeed regulated. Folks, scammers can say or do anything to try and make their services legit. Take Bitcoin FX Option for instance, this broker claims to be fully compliant with EU Regulation. They even put up regulation numbers from FCA, CySEC, ASIC and National Securities Market Commission.
Dear readers, this is merely a random number they have posted to try and make the broker legit. If they indeed had registration status, they would have posted their registration documents for all to see. Sadly, We researched and found out that this broker is not registered and no one should believe them. A legit broker always ensures that they post a link to their 3rd party licensing and Regulation documents for all to see. This broker knows why they have failed to do so, they are a fraud, see proof below.
Are your funds safe?
Folks, funds are never safe with an offshore broker to say the least. This broker does not follow important guidelines such as segregation of funds. Bitcoin FX option is pooling funds in one account which is very risky. Also, we believe investors are depositing money straight into the owner’s personal bank account.
Folks, in case of bankruptcy or insolvency, this broker will not compensate users. And this is a clear and concrete reason why this broker is a sham. Legit brokers will first insure member funds from any unforeseen losses such as ones mentioned above. Sadly, this broker is not willing to follow simple rules making funds totally insecure.
Review Verdict – Bitcoin FX option is a scam and blacklisted broker!
IQoption is a regulated broker that has a licence to provide investment products in the European Union. The licence that IQ Option has if from the Cyprus Securities and Exchange Commission (CySec). Minimum deposit is $10. Signup and Try free demo.
Bitcoin FX Option Review Conclusion
Only option we are left with is to add Bitcoin FX Option on our blacklist. This broker’s intention is clear, to swindle funds from unsuspecting investors. Concrete proof has been clearly shown that this broker is a fraud. Why should any investor face any scam website? This broker is insulting the good Forex trading name and must be shut down. We ask that relevant authorities will look into this broker and bring their operation to an end.
Never go after these kinds of investment portfolio. However, if you want to trade online, then you can find plenty of legitimate forex brokers to make money online. We have also listed a few legit forex brokers which you can find by clicking >HERE<