BTN Centre has been flagged by British Columbia Securities Commission 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.
I looked into BTN Centre and found they appear in the regulatory warnings database. British Columbia Securities Commission has issued a notice about this firm. Whether this is a misunderstanding or a serious concern, the fact remains that proper due diligence is essential. Always verify the regulatory status of any company before investing your hard-earned money.
Cons: Listed in IOSCO I-SCAN|May not be authorized in your jurisdiction
I referred a friend to BTN Centre 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: Competitive fees|Fast deposits|API access|Dedicated account manager
Cons: Help articles are sometimes vague|Account statements could be more detailed
After doing some research AFTER the fact (I know, I should have done this first), I discovered that BTN Centre 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.
Cons: No regulatory oversight|Money disappeared|Fake testimonials
After for a couple of months now with BTN Centre I requested to close my account and withdraw. They said I had to complete a 30-day cooling-off period. Then they said there was a minimum holding period for my last deposit. They make it as hard as possible to leave.
Pros: Educational resources|Personal attention
Cons: Research section could be deeper|Charting tools need more indicators
The spread at BTN Centre is not what they advertise. During volatile markets it widens so much that you lose before the trade even starts. I found them through my accountant's suggestion and initially thought the platform was good - until I started trading seriously.
Pros: Dedicated account manager|Good mobile app|Competitive fees
Cons: Wish they had more educational resources|No fractional shares
After spending for a couple of months now trying to make BTN Centre 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: Quick verification|No hidden fees|Clean UI|Reliable uptime
Cons: Limited cryptocurrency options
Several red flags with BTN Centre: (1) They promise unrealistically high returns, (2) They're not registered with British Columbia Securities Commission, (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: Flagged by British Columbia Securities Commission|Cannot verify credentials
The mobile app from BTN Centre is dangerous. I placed an order that showed as pending, so I placed another. Both executed and I was overexposed. When I complained they said it was user error. The app design is misleading.
Pros: Fast support response|Great customer service|Demo account available
Cons: No phone support on weekends