BitprimeFx has been flagged by The Dutch Authority for the Financial Markets for "Unregistered/Unlicensed entity offering financial products or services". The Netherlands Authority for the Financial Markets (AFM) warns consumers not to respond to offers from BitprimeFx . This company is a suspected boiler room, a form of online investment fraud. BitprimeFx has approached persons without being asked, to offer them investment proposals. A boiler room... This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
This company appears on the IOSCO I-SCAN international warnings list. Over 68 financial regulators worldwide contribute to this database. While being listed doesn't automatically mean fraud, it's a significant red flag that potential investors should take seriously. Do your research thoroughly.
Cons: Flagged by international regulators|Due diligence required
I am in a dispute with BitprimeFx 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: Transparent fees|Copy trading available|Dedicated account manager
Cons: Inactivity fee applies after 12 months
After seeing ads for BitprimeFx online, I investigated. The company is listed in the IOSCO I-SCAN warnings database and has been flagged by The Dutch Authority for the Financial Markets. Their website looks professional but that means nothing - many scam operations invest heavily in appearance. Always check the regulatory warnings before investing.
Cons: Flagged by The Dutch Authority for the Financial Markets|Cannot verify credentials
Do not believe the bonus offer from BitprimeFx. The turnover requirement is designed so you can never withdraw. I learned the hard way. I deposited after hearing about them at a conference and the bonus terms were buried in pages of small print. My fault for not reading but their design is predatory.
Pros: Detailed reporting|Smooth onboarding
Cons: Nothing significant
I want to warn everyone about BitprimeFx. They have been flagged by The Dutch Authority for the Financial Markets as an unauthorized entity. I wish I had checked before investing. They use high-pressure sales tactics and fake testimonials. Once you send money, getting it back is nearly impossible.
Cons: Cannot withdraw funds|Not regulated|Pressure tactics
BitprimeFx has the worst mobile app I have ever used for investing. It crashes constantly, features that work on desktop are missing entirely, and the security implementation is questionable at best. How they released this app is beyond me.
Pros: Economic calendar|Two-factor authentication|Competitive fees|Segregated accounts
Cons: Limited ETF selection