BTCInvest / btcinvestapp.net has been flagged by Financial Conduct Authority for "Unregistered/Unlicensed entity offering financial products or services". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
BTCInvest / btcinvestapp.net locked my account without warning and demanded documents I had already submitted. for a couple of months now later I still do not have access to my funds. Their compliance team does not respond to emails. I am considering legal action.
Pros: Fast support response|No hidden fees
Cons: Desktop app not available on Linux
Tried to withdraw my funds from BTCInvest / btcinvestapp.net 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: Initially responsive customer service
Cons: Lost entire investment|Reported to authorities|Unresponsive
BTCInvest / btcinvestapp.net 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: Market news feed|Professional team|Multiple order types
Cons: No phone support on weekends|Inactivity fee applies after 12 months
After using BTCInvest / btcinvestapp.net since the beginning of the year, I decided to move my account elsewhere. The platform was unreliable, withdrawals took an unreasonable amount of time, and I could never get a straight answer from customer service. Frustrating experience overall.
Pros: Quick verification|Clean UI
Cons: Withdrawal takes 1-2 business days
I requested my data from BTCInvest / btcinvestapp.net under GDPR. They sent a partial export that was missing months of transactions. When I asked for the rest they said it was a technical issue. Still waiting. They do not take data rights seriously.
Pros: Market news feed|Personal attention|Good analytical tools|Economic calendar
Cons: No integrated tax optimization
Several red flags with BTCInvest / btcinvestapp.net: (1) They promise unrealistically high returns, (2) They're not registered with Financial Conduct Authority, (3) Their contact information is vague, (4) They pressure you to deposit quickly. I recommend everyone do thorough due diligence before investing with any company.
Cons: Listed in warning databases|No transparency|Pressure to invest quickly
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 gave BTCInvest / btcinvestapp.net a fair chance. After for over three years of usage, I can say with confidence that there are far better options available. The interface is clunky, the fees are higher than competitors, and the customer support team seems overwhelmed or understaffed.
Pros: Copy trading available|No hidden fees
Cons: Mobile app could be improved
My withdrawal request from BTCInvest / btcinvestapp.net has been pending for over two weeks now. Every time I contact support, I get the same copy-paste response about processing times. This is unacceptable for a financial platform in this day and age.
Pros: Transparent fees|Helpful community forum|Fast deposits
Cons: Could offer more webinars|None so far
BTCInvest / btcinvestapp.net offers copy trading. I copied a top trader. The copy trades often executed at worse prices than the original. When I asked why they said it was due to latency and liquidity. So the feature is broken or they are skimming. Either way I stopped using it.
Pros: Wide product range|Fast deposits|Segregated accounts|Multi-currency support
Cons: Limited demo account features|Minor UI glitches occasionally