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: |
Random reviews of competing FX & CFD brokers: TradeForex1, iDealing, Plus500CY Limited and EuropeFX
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?
⚖️ Would you recommend me choosing Bitx-Option?
We don’t have our own personal experience with Bitx-Option. However, because the broker is regulated by the CySec and FCA, there is a high chance that it is not a scam. With that being said, it still does not mean that Bitx-Option is the best option, as there are also hundreds of other regulated brokers with similar or even better trading conditions.
Should you be looking for a highly reliable broker featuring forex trading and CFDs, you can get your hands on our marketing broker Etoro – (77% of of retail investor accounts lose money when trading CFDs with this provider), which is a CySEC regulated company that allows trading from as little as $50 and charges highly competitive fees on all assets.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
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 ¹ Variable spreads, spreads recorded for the EUR/USD on 11.01.2024 at 11:42 GMT.