Bitx-Option Review – Is it a Scam or Legit Broker (2024)

In this Bitx-Option Review, we are going to take a look at the offer that this broker prepared for its traders. Bitx-Option is regulated by the CySEC in Cyprus and by the FCA in the UK. Bitx-Option operates on the financial market since 2019. When it comes to trading platforms, the broker features MT5 and MetaTrader 4. The Bitx-Option minimum deposit is 0 USD.

Between 74-89% of retail investor accounts lose money when trading CFDs You should consider whether you can afford to take the high risk of losing your money

Basic information from this Bitx-Option Review

Website address:	bitx-option.com
Operated by:	BITX OPTION Group Ltd
Licensed and authorised by regulatory bodies:	CySec FCA
Supported languages:	English
Customer support available via:	E-mail, phone, live-chat
Contact details:	[email protected] [email protected] +14452003058
Available deposit methods:	Debit and Credit Cards
Available withdrawal methods:	Debit and Credit Cards
Minimum deposit:	0 USD
Min. trade in lots:	0.01
Spreads:	Variable
Tradable assets: Might be a CFD.	Forex, cryptocurrencies
Mobile app:
MetaTrader 4:
Other trading platforms:	MT5
Maximum leverage: The maximum available leverage can be limited by local financial regulators or by international regulations, in such case, the displayed maximum leverage may not match the leverage you can actually trade with. For instance, in the European Union, the financial regulator ESMA restricts the maximum available leverage to 1:30 when trading major currency pairs, 1:20 when trading minor pairs and commodities and 1:2 when trading cryptocurrencies. Similar restrictions apply in Australia and possibly in other jurisdictions.	1:400
Social trading:

Frequently Asked Questions

🧐 Is Bitx-Option a Scam?

Bitx-Option is a broker licensed and regulated by the CySec and FCA. While regulation gives to brokers much needed credibility, it still does not mean every regulated broker is honest. In order to be sure that Bitx-Option is not a scam, read our trader reviews and check other popular trading related websites and forums.

🆓 What is the Bitx-Option minimum deposit?

In order to start trading with Bitx-Option, you have to deposit at least 0 USD.

📵 What deposit and withdrawal methods Bitx-Option supports?

Bitx-Option allows funding your account via Debit and Credit Cards.

Regulated by Regulatory agencies ensure that brokers operate in a transparent and honest way. They protect the best interests of clients and also feature an investor compensation scheme which protects trader´s deposits up to a certain limit. Some of the major regulators in the industry include the CySEC in Cyprus, the FCA in the UK and the ASIC in Australia.	Min. deposit	Trading platforms A trading platform is a computer or mobile software program used to execute transactions within the financial markets.	Spreads Spreads of the following companies can be as low as	Special features A list of features that provide a given broker with a competitive edge.	Ad Disclosure The table below contains links to 3rd party websites of our top partners from whom we receive compensation at no additional cost to you.
CySEC FCAFSCA	$ 10	MT4 & MT5	0.3 PIPs ¹	Competitive spreads International support	Start trading Read a review
CySECASIC	£/€/$ 100	MT4 & MT5	1.0 PIPs¹	Competitive spreads Great customer support	Start trading Read a review
FCACySECASIC	£/€/$ 0	MT4, MT5 & TradingView	1.0 PIPs¹	Competitive spreads Great customer support	Start trading Read a review

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.