BitstoneFX has been flagged by Autorité des marchés financiers for "Unregistered/Unlicensed entity offering financial products or services". BitstoneFX is not registered with the Autorité des marchés financiers (AMF) and is not authorized to solicit investors in Québec.
Last known cities: London, United Kingdom; Toronto, Canada. This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: bitstonefx.com.
The hidden fees at BitstoneFX are the real scandal here. What they advertise and what they actually charge are two different things. By the time I realized how much I was paying in various fees and spreads, I had already lost a meaningful amount.
Pros: Instant funding|Fast execution|Demo account available|No hidden fees
Cons: Limited demo account features
I experienced a security concern with my BitstoneFX account and reported it immediately. Their response time was inexcusable for a financial platform. It took them four days to acknowledge my report and another week to actually address it.
Pros: Clean UI|Quick verification|Transparent fees|Easy to use platform
Cons: Limited cryptocurrency options|No integrated tax optimization
BitstoneFX locked my account without warning and demanded documents I had already submitted. for the past year and a half later I still do not have access to my funds. Their compliance team does not respond to emails. I am considering legal action.
Pros: Stable platform|Helpful community forum
Cons: Mobile app could be improved|No integrated tax optimization
If you are reading this considering BitstoneFX - run. I wish I had read more negative reviews through my accountant's suggestion. I thought the positive ones were real. Maybe some are. My experience over since mid-2025 has been so bad I feel obligated to warn others. Do not make my mistake.
Pros: Instant funding|Low minimum deposit
Cons: Slow to add new assets
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 found this company through a friend who recommended it. Before investing, I checked various regulatory databases and found that BitstoneFX has been flagged as an unauthorized entity. I informed my friend immediately. Please always verify with official sources - a quick search could save you thousands.
Cons: Flagged by Autorité des marchés financiers|Cannot verify credentials
Tried to withdraw my funds from BitstoneFX 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.
Pros: Professional looking website
Cons: Withdrawal fees demanded|Communication cut off|Not authorized
I signed up with BitstoneFX based on a colleague's 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: Multiple order types|Easy to use platform|Clear documentation
Cons: No dark mode on mobile|Wish they had more educational resources
BitstoneFX had an outage that lasted several hours during a major market event. Not only did they fail to prevent it, but they also failed to communicate what was happening. We were left in the dark while our investments were at risk.
Pros: Fast deposits|Instant funding
Cons: No fractional shares
After doing some research AFTER the fact (I know, I should have done this first), I discovered that BitstoneFX is not authorized by any legitimate financial regulator. They are operating illegally. The website looks very professional but it's all a facade. Please check the regulatory warnings database before investing with ANY company.
Pros: Initially responsive customer service
Cons: Cannot withdraw funds|Not regulated|Pressure tactics