BitFX Asset Review: A Desperate Broker

Bitfx Asset Review
  • Regulation
  • Fund Safety
  • Customer Support


Bitfx Asset will likely expose you to hidden commission fees upon withdrawal. However, they do not have evidence of successful withdrawals made by their customers. You’ll have a hard time accessing funds from the entity because they do not reveal how long it takes to process the same request.

Bitfx Asset is an offshore trading platform that aims to provide multi-asset trading services. They offer investment opportunities in; Forex, CFDs, and shares, among other assets. They allow full customization to meet your trading desires, and they immediately add you to open an account. However, do not be quick to make any trade decisions with the platform. You should consider multiple factors before opting to invest in any platform.

Bitfx Asset Review, Bitfx Asset Company

Therefore as you read this impartial review in the case to determine whether or not Bitfx Asset is a scam or legit, you might end up reconsidering your investment decision in the entity. The company exposes numerous red flags, which serve as an immediate warning to avoid its services. Bitfx Asset website is poor, and they do not have any helpful information for its customers.

Meanwhile, you should consider these reliable forex trading companies for sensible prophets. Bitfx Assets has a website that is common to that of Canyon Trend US word for word. The same platform also exposes a lot of ambiguity. Also, no expert trader will waste time in the entity, and you should avoid the platform. Review looks forward to providing investment services to all sorts of traders. The company has a section to assist beginners in grasping more knowledge of the trading world. However, they do not have valuable educational materials such as webinars and video tutorials. They only explain trading terms, and you can find similar information on the internet for no extra cost.

Bitfx Asset aims to make trading a walk in the park, yet without proper education and understanding of the market, you will not earn any returns. The investment does not reveal any particular traits that make them stand out from the competitors in the market.

Accordingly, automatic trading is preferable to humans as they trade without emotional interference. Even so, you should be cautious not to end up purchasing the wrong tools. Bitfx Asset does not reveal any algorithm that its software uses to make them credible for investing. In addition, scammers will guarantee the use of sophisticated tools and state-of-the-art technology. 

Bitfx Asset does not provide any information about the founders and the employees. There is no certainty that you are working with qualified personnel or professionals. Consequently, scammers are fond of hiding personal data as the resulting opening cloud companies. Similar traits are visible in to warn you against relying on the shady broker.

How Operates does not have any special traits of operation. The company functions anonymously, and it’s unheard of for such companies to generate profits for you. Also, they expose numerous similarities to scam companies. Thus expecting them to function any differently, the probability is very minimal.

Bitfx Asset promises you massive investment returns that are barely attainable even in well-established companies. The company will persuade you to make deposits through various means. You’ll receive alerts via email or telephone contacts urging you to seize one-time opportunities.

Also, you may come across bonuses on the first deposit upto 100% to much initial amount. Accordingly, when you fall for the catch and make a deposit, you should consider any business between you and them over. The company will deny your access to the services they offer or even to your account.

Bitfx Asset does not have any data to prove trade activities around going. Nevertheless, past trade activities for at least 3 months or more should assist in determining the outcome. Also, you do not expect to receive preferential treatment that trade history is essential. Scammers hardly showcase search information because they attract negative returns.

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The software is not suitable for investing with MetaTrader, established for investment purposes. Also, the web trader they provide may undergo malfunctions or attacks from third parties.

Funds Safety Bitfx Asset

Bitfx Asset does not guarantee any safety of funds. Therefore investing even a single dime in the entity is at your own risk. They operate anonymously, and this not only puts your money at risk. Personal information may fall into the wrong hands as well. Accordingly, the safety of your fans ought to be a priority on any platform, and any sort of murkiness should serve as a warning. Review, Company

Bitfx Asset does not have a demo account that lets you familiarise yourself with the platform before investing real money. The company does not showcase evidence of swift transactions from its customers. Thus, the only likely beneficiaries of its services are the anonymous people behind the company. 

The company does not have any banking information to confirm the security of funds. So the mysterious people behind its operation might end up keeping your money in personal accounts. The company does not have any positive feedback, and you should avoid its services at all costs.

Bitfx Asset Deposit and Withdrawals

Bitfx Assets does not reveal to its traders the minimum trade amount is. Therefore when you contact them for the same, they will persuade you into making hefty deposits for no absolute reason. Accordingly, wire transfer and crypto transactions are irreversible. So you should consider using the credit or debit option for a chargeback of up to 540 days.

Bitfx Asset will likely expose you to hidden commission fees upon withdrawal. However, they do not have evidence of successful withdrawals made by their customers. You’ll have a hard time accessing funds from the entity because they do not reveal how long it takes to process the same request.

Scammers will find ways to hold on to your money for a long until you give up. Bitfx Asset does not have a refund policy and if the services it offers do not please you, getting your money back is a mystery.

Customer Support

Bitfx Asset does not have any location address information. The company only allows you to reach them via email or live chat. However, the main concern is whether you’ll receive any reply upon giving them your money.

Scammers hardly maintain contact with you once they have your funds. You should have an instant response to your queries relating to the company. In addition, working customer support helps gain more trust in the entity. Bitfx Asset looks forward to providing a user-friendly interface, yet attaining the same is absurd without proper customer relations.

Bitfx Asset Regulation

The company claims to be regulated by CYSEC which is responsible for issuing Cyprus regulations. However, during our research, it turns out that the same information is made up. The regulation body does not recognize the company or any other legit watchdog. Accordingly, it is illegal in most nations, if not all, to have access to public funds without adhering to regulation.

On the other hand, these regulated forex trading companies operate transparently. You can easily find and verify the regulation formation that they provide. Unregulated companies do not last long in the market, and they quickly disappear with all your funds. Scammers can barely afford regulation fees, and they quickly end up facing bankruptcy.

Bitfx Asset hides the founders’ information and that of the employees because they risk facing criminal charges. Also, you should be able to tell the difference between regulation and registration details. Unregulated companies often break trade laws as they please, and they do not survive in the market.

Final Verdict

Bitfx Asset claims to be regulated, but they hardly have any regulation information. The company does not have any past trading activities, and the website has non-helpful information. 

The company does not have a suitable spell of operation, and they are only after your funds. You should avoid inviting your friends and family over for affiliate purposes since you’ll only be exposing them to scum potentials. Additionally, legit you should invest with these forex investment companies for a pleasing trade experience.


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