Name of Broker – Bitonext
Website – https://bitonext.com/
Address – Ibex House, 47 Minories, London EC3N 1DY, United Kingdom
Owned by the – Bitonext
Warning Issued By – British Columbia Securities Commission (British Columbia)
Bitonext Domain Status:
|Date Registered||April 27, 2022|
|Domain Age||2 months, 24 days, 18 hours, 24 minutes, 5 seconds|
Bitonext is an online trading platform that claims to be one of the most successful and fastest-growing trading companies. The company is located at Ibex House, 47 Minories, and London EC3N 1DY, United Kingdom. The website can be found at https://bitonext.com/. They can be contacted by email at email@example.com, or firstname.lastname@example.org, and the contact number is not provided by them. The supported language of the company is English. They claim to provide quick and error-free order execution, and the most modern and creative technical solutions in the market. But, apart from these claims, the broker might be involved in some scams. Read a complete Bitonext review to more about it.
Bitonext regulation status
Bitonext claims to be regulated by its jurisdiction. But this is not true because Bitonext does not appear to be regulated, and the website is already blacklisted. It is an offshore and unregulated entity and the broker is potentially involved in some illegal activities. It is simple to check whether the broker is regulated or not, visit the regulator’s site, and check online if the broker’s name is registered or not, depending on the broker’s jurisdiction. Please avoid Bitonext broker, otherwise, your funds will be at high risk.
British Columbia Securities Commission (BCSC) – Canada issued a WARNING against Bitonext. According to BCSC, Bitonext is not a reliable broker. It is offshore and unregulated by the authority.
Bitonext Deposit and Withdraw method
Bitonext claims to offer multiple methods of deposit and withdrawal funds like Bank transfer, wire transfer, Visa, Debit/Credit card, Binance, Bitcoin, Ethereum, Litecoin Tether, Skrill, Neteller, Sofort, etc. But the truth is against their claim; if you want to withdraw your money they will delay the withdrawing process for months. After six months, you won’t be able to file a chargeback anymore and you will lose your money. It does not matter how often you remind them or insist in withdrawing your money, you will NOT get them back.
Disadvantages of Bitonext
- No Meta trader platforms like MT4 and MT5.
- Hides details like contact number, owner’s name, and certifications.
- Not valid in some countries like U.S and Iran.
- No demo account was provided by the company.
- Warning issued from Canada authority – British Columbia Securities Commission (BCSC).
- Bitonext has high leverages than other brokers.
- This broker got low ratings and negative reviews on other sites.
Review and feedback
This broker got negative reviews and feedback on other sites. After persuing this review and reading all the negative and positive Bitonext reviews, we found that this broker is not trustworthy to not invest money with them. Reviews and ratings help you a lot to avoid scams, and it also helps in finding a legit broker. We provide a scam brokers list of 2021 and 2022 on our website that helps you to avoid such scam brokers.
Final review on Bitonext
Bitonextis an unregulated broker, and is involved in all types of scams like Bitcoin scams, cryptocurrency scams, forex scams, or other scams. We advise you, do not to invest money with Bitonext because they might be scammers and want to steal all your money. If you are a victim of online scams, a chargeback is an option for fund recovery. Fill out a complaint form in our website. Our experts will provide you a free consultation and we will guide you to the process of fund recovery.