Impersonation of MD Trading Pty Ltd (bitchaintrades.ltd) has been flagged by ASIC (Australia) for "Imposter". Addresses: 26 Broadway Suite 346 NSW 2067 Australia 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.bitchaintrades.ltd.
The platform at Impersonation of MD Trading Pty Ltd (bitchaintrades.ltd) is riddled with bugs. Charts display incorrect data, order confirmations sometimes fail silently, and the portfolio tracker disagrees with actual positions. After for about three months of dealing with this, I have had enough.
Pros: Demo account available|Professional team|Copy trading available
Cons: Email notifications too frequent|Limited ETF selection
The hidden fees at Impersonation of MD Trading Pty Ltd (bitchaintrades.ltd) 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: High security standards|Tax reports included|Transparent fees
Cons: Slow to add new assets
My withdrawal from Impersonation of MD Trading Pty Ltd (bitchaintrades.ltd) was rejected three times for vague reasons. Each time they asked for more documents. When I finally provided everything, they said my account was under review. since I opened my account last year of being strung along.
Pros: Stable platform|Tax reports included|Fast execution|Clean UI
Cons: Onboarding videos are outdated
I am in a dispute with Impersonation of MD Trading Pty Ltd (bitchaintrades.ltd) over a trade that was clearly erroneous. The price shown was wrong, I closed at a profit, and they reversed the trade and took the money back. They said it was a system error. So I lose and they keep? Unacceptable.
Pros: Multiple order types|No hidden fees|Detailed reporting|Copy trading available
Cons: Live chat only during business hours|Slow to add new assets
Impersonation of MD Trading Pty Ltd (bitchaintrades.ltd) 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: Demo account available|Clean UI|Quick verification|No hidden fees
Cons: Mobile app could be improved|Account statements could be more detailed
I trusted Impersonation of MD Trading Pty Ltd (bitchaintrades.ltd) with a significant portion of my savings and I deeply regret that decision. Not because of market losses, but because of how poorly the platform performed and how dismissively the support team treated my concerns.
Pros: Easy withdrawals|Educational resources|Transparent fees|Market news feed
Cons: No integrated tax optimization|Currency conversion fee exists
The reporting at Impersonation of MD Trading Pty Ltd (bitchaintrades.ltd) is laughably bad. Tax documents are inaccurate, transaction histories have gaps, and trying to export data for your accountant is a nightmare. For a financial platform, getting the numbers right should be the bare minimum.
Pros: Easy to use platform|Excellent charting|Dividend tracking|Clean UI
Cons: Limited social trading features
I opened an account with Impersonation of MD Trading Pty Ltd (bitchaintrades.ltd) for a couple of months now ago. The platform frequently logs you out, orders fail to execute at the stated price, and when you complain they blame your internet connection. I have screenshots proving otherwise.
Pros: Regular platform improvements|Full transparency
Cons: Some tools only available on higher tiers
I found Impersonation of MD Trading Pty Ltd (bitchaintrades.ltd) after hearing about them at a conference and the initial impression was positive. But for about eight months later, I have encountered so many issues that I cannot recommend them. Trades failing, charts not loading, and support tickets going unanswered for days at a time.
Pros: Social trading features|Stable platform|Personal attention
Cons: None so far|Alert system is basic
If you are reading this considering Impersonation of MD Trading Pty Ltd (bitchaintrades.ltd) - run. I wish I had read more negative reviews after hearing about them at a conference. I thought the positive ones were real. Maybe some are. My experience over for about eight months has been so bad I feel obligated to warn others. Do not make my mistake.
Pros: Regular updates|Reliable uptime
Cons: Website design could be more modern|Currency conversion fee exists