Score
Bitprime FX
United Kingdom|2-5 years| https://bitprimefx.net/
Website
Rating Index
Contact
Licenses
No valid regulatory information, please be aware of the risk!
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
Basic Information
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Website
bitprimefx.net
Server Location
United States
Website Domain Name
bitprimefx.net
Server IP
205.144.171.235
Company Summary
| Bitprime FXReview Summary | |
| Founded | 2022-07-06 |
| Registered Country/Region | United Kingdom |
| Regulation | Unregulated |
| Market Instruments | CFDs/Shares/Indices/Forex/Binary/Cryptocurrencies |
| Demo Account | ❌ |
| Leverage | / |
| Spread | / |
| Trading Platform | MT4/MT5 |
| Min Deposit | $300 |
| Customer Support | Email: info@bitprimefx.net |
| Telegram/WhatsApp | |
Bitprime FX Information
Registered in United Kingdom, Bitprime FX is a forex broker. The tradable instruments include CFDs on shares, indices, forex, binary, and cryptocurrencies. The minimum deposit is $300. Bitprime FX is still risky due to its unregulated status.
Pros and Cons
| Pros | Cons |
| MT4/MT5 available | Unregulated |
| 24/7 customer support | Unspecific transfer time and fee information |
| Various tradable instruments |
Is Bitprime FX Legit?
Bitprime FX is not regulated, although it claims to have received regulations, making it less safe than regulated brokers.
What Can I Trade on Bitprime FX?
Bitprime FX offers a wide range of market instruments, including CFDs on shares, indices, forex, binary, and cryptocurrencies.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Shares | ✔ |
| CDFs | ✔ |
| Binary | ✔ |
| Indices | ✔ |
| Cryptocurrencies | ✔ |
| Precious Metals | ❌ |
| Commodities | ❌ |
| Stocks | ❌ |
| ETFs | ❌ |
| Bonds | ❌ |
| Mutual Funds | ❌ |
Trading Platform
Bitprime FX cooperates with the authoritative MT4 and MT5 trading platform to trade. Junior traders prefer MT4 over MT5. While traders with rich experience are more suitable for using MT5. MT4 and MT5 not only provide various trading strategies but also implement EA systems.
| Trading Platform | Supported | Suitable for |
| MT4 | ✔ | Junior traders |
| MT5 | ✔ | Experienced traders |
Deposit and Withdrawal
The minimum deposit is $300. Bitprime FX accepts Bitcoin, Ethereum, Tether USDt, XRP, Binance Coin, Solana, Dogecoin, USDC, Cardano, etc. for deposit and withdrawal. However, transfer processing times and associated fees are unknown.
Keywords
- 2-5 years
- Suspicious Regulatory License
- Suspicious Scope of Business
- High potential risk
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