BitLaxSmart (australiannews24.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: australiannews24.com.
I am in a dispute with BitLaxSmart (australiannews24.com) 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: Stable platform|Easy withdrawals|Smooth onboarding
Cons: Onboarding videos are outdated|No fractional shares
BitLaxSmart (australiannews24.com) changed their fee structure with one month notice. What was a flat fee became a percentage. For my account size it meant a huge increase. When I objected they said I could leave. So I am leaving and writing this review.
Pros: Helpful community forum|Regular updates|Good mobile app
Cons: Desktop app not available on Linux
BitLaxSmart (australiannews24.com) 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: Economic calendar|Fast deposits|Responsive team|Two-factor authentication
Cons: Would like more payment methods|No live chat on mobile
The platform at BitLaxSmart (australiannews24.com) is riddled with bugs. Charts display incorrect data, order confirmations sometimes fail silently, and the portfolio tracker disagrees with actual positions. After for just over a year of dealing with this, I have had enough.
Pros: Two-factor authentication|Fast support response|Easy withdrawals
Cons: Would like more payment methods
I joined BitLaxSmart (australiannews24.com) after seeing their ad online and from the start, things felt off. The signup process collected far more personal information than necessary, the verification took unreasonably long, and when I finally got access, the platform was nothing like what was advertised.
Pros: Good analytical tools|Intuitive for beginners
Cons: Charting tools need more indicators