Bybest Trades 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. Website domain: www.bitapexfinance.com.
I found this company through a friend who recommended it. Before investing, I checked various regulatory databases and found that Bybest Trades 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.
Pros: Website looks legitimate on the surface
Cons: Flagged by Financial Conduct Authority|Cannot verify credentials
Tried to withdraw my funds from Bybest Trades 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.
Cons: No regulatory oversight|Money disappeared|Fake testimonials
I closed a profitable position at Bybest Trades and the profit was not credited for 5 days. Support said it was a settlement delay. When it finally arrived it was less than the amount shown on the platform. They could not explain the difference. I have moved my account.
Pros: Full transparency|Comprehensive tools
Cons: Limited ETF selection
My withdrawal request from Bybest Trades 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: Multi-currency support|Detailed reporting
Cons: Limited ETF selection
Bybest Trades changed their fee structure with one month notice. What was a flat fee became a percentage. For my account size it meant a huge increase. When I objected they said I could leave. So I am leaving and writing this review.
Pros: Multi-currency support|Excellent charting|Helpful community forum
Cons: Nothing significant
After spending since mid-2025 trying to make Bybest Trades 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: Intuitive for beginners|Multi-device support|Transparent fees
Cons: Help articles are sometimes vague|Minor UI glitches occasionally
Their execution during news is terrible. I had limit orders in place. When the news hit, my orders were not filled at the limit price - they were filled much worse. Bybest Trades said it was market conditions. Same news, another broker filled me properly. They are not honest.
Pros: Fast support response|Clear documentation|Fast execution|Competitive fees
Cons: Limited demo account features
I wanted to transfer my portfolio from another broker to Bybest Trades. 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: Automated trading options|Personal attention|Copy trading available
Cons: Cannot customize dashboard fully
The mobile app from Bybest Trades 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: No hidden fees|Economic calendar|Multi-currency support|Professional team
Cons: No live chat on mobile
After for over three years with Bybest Trades, I can only describe the experience as death by a thousand cuts. No single issue was catastrophic, but the constant stream of small problems, slow responses, and missing features wore me down until I finally left.
Pros: API access|Detailed reporting
Cons: Live chat only during business hours