Bartex (area.bartex-area.com) has been flagged by ASIC (Australia) for "Unlicensed". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: area.bartex-area.com.
The reporting at Bartex (area.bartex-area.com) is laughably bad. Tax documents are inaccurate, transaction histories have gaps, and trying to export data for your accountant is a nightmare. For a financial platform, getting the numbers right should be the bare minimum.
Pros: Reliable uptime|Real-time alerts
Cons: Limited cryptocurrency options
The platform itself is okay, but the customer service at Bartex (area.bartex-area.com) is truly awful. I waited weeks for a response to a simple inquiry. When they did respond, it felt like a generic template that did not address my specific issue at all.
Pros: Multi-currency support|Portfolio tracking tools
Cons: Nothing significant
If you are reading this considering Bartex (area.bartex-area.com) - run. I wish I had read more negative reviews after doing extensive research. I thought the positive ones were real. Maybe some are. My experience over for the past year and a half has been so bad I feel obligated to warn others. Do not make my mistake.
Pros: Low minimum deposit|Social trading features|API access
Cons: Live chat only during business hours|Minor UI glitches occasionally
I signed up with Bartex (area.bartex-area.com) after doing extensive research and the first red flag was the aggressive account manager who would not stop calling. After depositing, the promised support vanished. Withdrawals are delayed with endless excuses. I have reported them to the regulator.
Pros: Market news feed|Excellent charting|Intuitive for beginners|Fast support response
Cons: Could offer more webinars
Bartex (area.bartex-area.com) has no proper customer support. The live chat is a bot. The phone number goes to a call center that cannot access your account. Email takes two weeks. When I had a real problem they were nowhere to be found.
Pros: Segregated accounts|High security standards
Cons: Website design could be more modern|Slow to add new assets
Bartex (area.bartex-area.com) locked my account without warning and demanded documents I had already submitted. for about five months later I still do not have access to my funds. Their compliance team does not respond to emails. I am considering legal action.
Pros: Portfolio tracking tools|Multi-currency support
Cons: Limited demo account features
Bartex (area.bartex-area.com) offers copy trading. I copied a top trader. The copy trades often executed at worse prices than the original. When I asked why they said it was due to latency and liquidity. So the feature is broken or they are skimming. Either way I stopped using it.
Pros: Multi-device support|Dividend tracking|Fast execution|Stable platform
Cons: Slow to add new assets
The onboarding at Bartex (area.bartex-area.com) was smooth which makes the subsequent experience even more frustrating. Once they have your money, the quality of service drops dramatically. Getting anyone to help you with an actual problem is nearly impossible.
Pros: Clear documentation|Personal attention|Portfolio tracking tools
Cons: Help articles are sometimes vague|Onboarding videos are outdated