BTCtradings is an offshore Forex CFD Broker, that opened in July 2019. For broker complaints or withdrawal problems, read this.
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BTCtradings Broker Review
Our in depth review of the CFD broker BTCtradings finds, that their CFD trading platform is made by a company called Airsoft. It is a very simple online trading platform, with no mobile trading app or the industry standard MT4 (Meta Trader 4) platform which most brokers use. Take a look at the screenshot below, and you will see how the web-based trading platform looks.
BTC Tradings’ website and trading platform is only available in English, as they seem to be targeting investors in Western Europe. New investors are required to deposit a minimum of $250 to start trading. Their account types page shows their Micro account as up to $5,000. Day traders will find more than 300 underlying assets available to them, for CFD trading including; Crypto Currencies, Forex Pairs (Major and Minor), Individual Stocks, Commodities and Market Indexes.
Is BTCtradings a Licensed Forex Broker?
No, BTCtradings is not a licensed broker.
They are owned and operated by: Storm Complex LTD, and located at: 43 Kaymakchalan Street, Sofia city, Slatina region, Sofia, Bulgaria 1505. No contact phone numbers are listed for this broker. They have a contact email address of: [email protected]. Official website is at: https://www.btctradings.com/.
Scam Broker Investigator uses a very simple method to analyze a broker to see if they are legitimate or a scam broker. We look to see if the broker is licensed and regulated by one of the popular government financial regulators like; the FCA United Kingdom or ASIC Australia. You should look at today’s most popular brokers that are licensed and insured, see here.
Complaints and withdrawal issues you can read about here.
Warning from ASIC Australia
“ASIC urges all investors considering trading in Forex to check they are dealing with an entity that holds an Australian Financial Services Licence.”
Compare Online Brokers
There are many licensed Crypto CFD brokers to choose from online, therefore, you should first look at the Top Rated brokers.
ForTrade is one of the fastest growing online brokers that is licensed and regulated by ASIC and FCA, look here.
Try a Free Trial Account on their amazing trading platform, signup here.
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