BitlaxSmart (bitlaxsmart.com.au) has been flagged by ASIC (Australia) for "Unlicensed". https://moneysmart.gov.au/check-and-report-scams/investor-alert-list#!bitlaxsmart-australiannews24-com--2720 This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: bitlaxsmart.com.au.
Opened my account with BitlaxSmart (bitlaxsmart.com.au) through a podcast recommendation and regretted it within the first month. The platform crashed during a critical moment, I lost potential gains, and support basically told me it was not their problem. Absolutely unacceptable behavior.
Pros: Reliable uptime|Clean UI
Cons: Limited cryptocurrency options|Alert system is basic
BitlaxSmart (bitlaxsmart.com.au) 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: Quick verification|Social trading features|No hidden fees
Cons: Website design could be more modern|No fractional shares
Where do I even begin with BitlaxSmart (bitlaxsmart.com.au)? since early this year of broken promises, unanswered tickets, and a platform that feels like it was built in 2010. They spend more on marketing than on actually improving their service. Stay away from this company.
Pros: Low minimum deposit|Regular platform improvements|Stable platform|Quick verification
Cons: Nothing significant
I signed up with BitlaxSmart (bitlaxsmart.com.au) through a podcast recommendation 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: Full transparency|Good mobile app
Cons: No integrated tax optimization|Website design could be more modern
BitlaxSmart (bitlaxsmart.com.au) locked my account without warning and demanded documents I had already submitted. for over a year later I still do not have access to my funds. Their compliance team does not respond to emails. I am considering legal action.
Pros: Copy trading available|High security standards|Stable platform
Cons: Spreads widen during volatile periods