Cryptocurrency Exchanges

Bitcoin Synergy

1.5 (12 reviews)
🇬🇧 United Kingdom
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1.5
12 reviews
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About Bitcoin Synergy

Bitcoin Synergy has been flagged by Financial Conduct Authority for "Unregistered/Unlicensed entity offering financial products or services". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.

Customer Reviews

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No risk warnings whatsoever

K
Karen D.
2 weeks ago

Bitcoin Synergy advertises low fees but once you dig into the fine print, there are numerous charges that add up quickly. Inactivity fees, withdrawal fees, currency conversion fees - it all eats into your returns. I wish I had read the terms more carefully.

Pros: Quick verification|Comprehensive tools

Cons: Account statements could be more detailed|Limited social trading features

This company needs to be investigated

J
James D.
1 months ago

Bitcoin Synergy seems more interested in acquiring new customers than taking care of existing ones. The marketing is aggressive but the product is mediocre. Once you are past the honeymoon period, the cracks in their service become very apparent.

Pros: Two-factor authentication|High security standards|Customizable dashboard|Good mobile app

Cons: Desktop app not available on Linux

Do your due diligence first

E
Emily E.
4 months ago

I looked into Bitcoin Synergy and found they appear in the regulatory warnings database. Financial Conduct Authority has issued a notice about this firm. Whether this is a misunderstanding or a serious concern, the fact remains that proper due diligence is essential. Always verify the regulatory status of any company before investing your hard-earned money.

Cons: Listed in IOSCO I-SCAN|May not be authorized in your jurisdiction

No original thought

W
William S.
4 months ago

I lost a significant amount because Bitcoin Synergy did not execute my stop loss during a flash crash. They said the market was illiquid. Other brokers managed to execute. I have no proof they did not trade against me. Avoid.

Pros: Helpful community forum|Multiple order types

Cons: Slow to add new assets

Migration from old platform was a mess

M
Michael W.
4 months ago

I found Bitcoin Synergy through a podcast recommendation and the initial impression was positive. But for the past year and a half later, I have encountered so many issues that I cannot recommend them. Trades failing, charts not loading, and support tickets going unanswered for days at a time.

Pros: Full transparency|Clear documentation|Real-time alerts|Risk management tools

Cons: Limited demo account features

Scam alert - They took my money

D
Diana A.
4 months ago

I invested $25,000 with Bitcoin Synergy after seeing their professional-looking website. At first, everything seemed fine - they showed me impressive returns on my dashboard. But when I tried to withdraw, they kept making excuses. First it was "processing time," then "verification needed," then "you need to pay a tax fee first." I never got my money back. I have since reported them to Financial Conduct Authority.

Pros: Professional looking website

Cons: Cannot withdraw funds|Not regulated|Pressure tactics

No investor compensation scheme

D
David R.
4 months ago

I trusted Bitcoin Synergy with a significant portion of my savings and I deeply regret that decision. Not because of market losses, but because of how poorly the platform performed and how dismissively the support team treated my concerns.

Pros: Good analytical tools|Social trading features

Cons: Onboarding videos are outdated

Cannot withdraw funds - classic scam

H
Hannah D.
5 months ago

Tried to withdraw my funds from Bitcoin Synergy and was told I needed to pay a "withdrawal tax" of 20%. This is a red flag. No legitimate broker charges withdrawal taxes. When I refused, they became aggressive and eventually stopped all communication. My entire investment is gone.

Cons: Lost entire investment|Reported to authorities|Unresponsive

Education is just sales pitch

A
Aiden B.
6 months ago

I am in a dispute with Bitcoin Synergy over a trade that was clearly erroneous. The price shown was wrong, I closed at a profit, and they reversed the trade and took the money back. They said it was a system error. So I lose and they keep? Unacceptable.

Pros: No hidden fees|Copy trading available

Cons: Help articles are sometimes vague|Some tools only available on higher tiers

Something doesn't add up here

C
Christopher L.
7 months ago

Several red flags with Bitcoin Synergy: (1) They promise unrealistically high returns, (2) They're not registered with Financial Conduct Authority, (3) Their contact information is vague, (4) They pressure you to deposit quickly. I recommend everyone do thorough due diligence before investing with any company.

Cons: Flagged by Financial Conduct Authority|Cannot verify credentials