BitPrimeFxTrading ltd has been flagged by Financial Markets Authority for "Unregistered/Unlicensed entity offering financial products or services|Fraud ...". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
I was about to invest with BitPrimeFxTrading ltd but decided to check their regulatory status first. They claim to be regulated but I could not find them on any official register. Financial Markets Authority has actually issued a warning about this firm. Thank goodness I checked before sending any money.
Cons: Flagged by Financial Markets Authority|Cannot verify credentials
I had a dispute with BitPrimeFxTrading ltd and went to their complaints process. They have an internal team that just defends the company. Then they said I could go to an ombudsman - but the ombudsman they use is industry-funded and rarely rules for the client. The system is rigged.
Pros: Dividend tracking|Good analytical tools
Cons: No integrated tax optimization|Charting tools need more indicators
I referred a friend to BitPrimeFxTrading ltd after reading several online reviews. We both deposited. The referral bonus never arrived. Support said we did not meet the terms. When we asked which terms they pointed to a clause that was added after we signed up. Shady.
Pros: Social trading features|Clear documentation
Cons: Limited social trading features
What really bothers me about BitPrimeFxTrading ltd is the disconnect between their marketing and reality. They position themselves as a premium service but deliver a below-average experience. Found them after seeing their ad online and I fell for the polished exterior. Never again.
Pros: Wide product range|Helpful community forum|Automated trading options|Great customer service
Cons: Help articles are sometimes vague|Research section could be deeper
After spending for about ten months trying to make BitPrimeFxTrading ltd work for me, I have given up. The platform has too many limitations, the fees are not competitive, and the quality of their market data is questionable. There are much better options available.
Pros: Instant funding|Segregated accounts|Tax reports included
Cons: Limited cryptocurrency options|Nothing significant
I want to warn everyone about BitPrimeFxTrading ltd. They have been flagged by Financial Markets Authority 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: Lost entire investment|Reported to authorities|Unresponsive
The platform itself is okay, but the customer service at BitPrimeFxTrading ltd 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: Two-factor authentication|Instant funding|Multiple order types|Easy withdrawals
Cons: Minimum deposit could be lower|Limited demo account features
Customer support at BitPrimeFxTrading ltd seems to be run by people who have never used the platform. Every time I call with an issue, I end up explaining how their own system works before they can help me. It would be funny if my money was not involved.
Pros: Wide product range|Smooth onboarding|No hidden fees|Low minimum deposit
Cons: None so far
I lost a significant amount because BitPrimeFxTrading ltd 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: Regular updates|Multi-currency support
Cons: Charting tools need more indicators
I wanted to transfer my portfolio from another broker to BitPrimeFxTrading ltd. They said they do not accept in-kind transfers for my asset type. I had to sell, withdraw, deposit, and rebuy - incurring taxes and spread costs. They did not tell me this before I signed up.
Pros: Reliable uptime|Quick verification|Real-time alerts
Cons: Inactivity fee applies after 12 months|Wish they had more educational resources