Bitsvestor (bitsvestor.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: bitsvestor.com.
The spread at Bitsvestor (bitsvestor.com) is not what they advertise. During volatile markets it widens so much that you lose before the trade even starts. I found them after a family member had a good experience and initially thought the platform was good - until I started trading seriously.
Pros: Quick verification|Fast deposits
Cons: Wish they had more educational resources
Do not use Bitsvestor (bitsvestor.com) for anything serious. I used them for a few weeks now for small trades and it was okay. When I deposited a larger amount and traded more, my account was flagged, my withdrawals were delayed, and I was asked to explain my trading. They treat active traders like criminals.
Pros: Helpful community forum|Demo account available
Cons: No phone support on weekends
The platform at Bitsvestor (bitsvestor.com) is riddled with bugs. Charts display incorrect data, order confirmations sometimes fail silently, and the portfolio tracker disagrees with actual positions. After for about eight months of dealing with this, I have had enough.
Pros: Real-time alerts|Multiple order types|Demo account available
Cons: Minor UI glitches occasionally|No fractional shares
Bitsvestor (bitsvestor.com) has no proper customer support. The live chat is a bot. The phone number goes to a call center that cannot access your account. Email takes two weeks. When I had a real problem they were nowhere to be found.
Pros: Regular updates|Responsive team
Cons: Spreads widen during volatile periods|Cannot customize dashboard fully
I lost a significant amount because Bitsvestor (bitsvestor.com) 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: Easy withdrawals|Risk management tools|Excellent charting|Dedicated account manager
Cons: Wait times can be long during peak hours|Inactivity fee applies after 12 months