BitXTrade - broker reviews

BitXTrade (bitxtrades.com) is a European brokerage platform that has been successfully operating since 2018. Project managers promise that earnings will be like in a simple online game. Project participants can even get a stable profit even without much experience in trading. The main thing is to entrust the project with your money. Beautiful site design, impressive legend. A site like this can easily convince a newbie to start investing their money. But a detailed check by specialists and experienced traders only confirmed that the project is a scam. It is best not to get involved with this project, so as not to lose your savings.

Overview of the BitXTrade project

The site says that the BitXTrade brokerage platform has been on the international stage for a long time. Provides quality financial services. Currently more than 30,000 active clients. The company's daily trading turnover exceeds $150,000,000. The management of BitXTrade constantly strived to create a unique investment platform, with the help of which any client can profitably invest money in any field of activity and receive guaranteed profits. The project is constantly evolving to provide an opportunity for traders to profitably trade on world exchanges.

BitXTrade guarantees reliability and transparent operation. Everyone will be able to receive a guaranteed payment. Representatives of the broker will always help beginners quickly get used to trading. To become a BitXTrade client, you need to go through a simple registration on the official website and fund your account.

Design check

If you check the BitXTrade domain, it turns out that it was registered in 2018. Everything seems to fit with the legend that the company has been operating for a long time. Only a check of the web archive confirmed that the domain was on sale until the end of 2021. Belonged to a real company that is not related to brokerage. It turns out that the scammers bought the old domain in order to pretend that brokerage companies have been on the world stage for a long time and they are trusted.

Also, the statistics of the project itself is a blatant lie. There are not so many active clients and there is no multi-million dollar turnover. The beautiful figures of the project make beginners believe in reliability and the possibility of making quick money.

Fraudsters from BitXTrade did not provide information about the creators of the project or professionals who allegedly help to earn money. Everything is anonymous, only crooks adhere to such anonymity. The legend says that the project was founded by well-known businessmen, traders, analysts, financiers. In fact, it is not known who is behind the site. The project is aimed at embezzlement of deposits through deception. Therefore, the organizers will do their best to hide their identities in order not to be held criminally liable.

It is stated that BitXTrade is registered in Switzerland. However, there are no registration numbers or documents on the site. We open the register of legal entities in Switzerland and it turns out that BitXTrade does not exist at all. The scammers just made up the name. Participants are told that as many as 6 regulators have issued their licenses. Most of them are European, which also have open registries. When checked, there are no matches. This fact confirms that the scammers also invented licenses. It turns out that this project is illegal.

BitXTrade always stick to proven scams as they want to quickly embezzle the client's money. Everything follows a pattern. Initially, the client is offered to invest at least 100-200 dollars. Then they begin to come up with different situations in which you need to invest more. This continues ad infinitum. As a result, people lose their money, and scammers close the project and create a new scam in order to continue to engage in fraud on the Internet.

Unfortunately, there is no way to get the money back, even legally. In fact, there is not even a company that can be sued. Therefore, now false lawyers are deceiving people, promising to return money from this brokerage company.

Feedback about the project

On the Internet you can already find a couple of real reviews from deceived people. The victims thought they could make money with a minimum deposit. As one would expect, BitXTrade has appropriated everything, and clients cannot return deposits.

Conclusion

Summing up the results of a full check of the BitXTrade pseudo-broker site, we can say that this is another dummy. Fraudsters invented a fabulous legend of a successful company, bought an old domain. There are no real facts that would confirm the legal part of the project and real reliability. Scammers adhere to complete anonymity. We advise you to find another broker for reliable trading. It is best to cooperate with brokers who are licensed by the Central Bank of the Russian Federation.