Bit-Markets is an unlicensed cryptocurrency broker opened in July 2017. This broker is owned by the company named Amberfell Today LP which is located at Granton Crescent, Edinburgh in the United Kingdom. With this broker, traders can enjoy various posibilites in trading with Forex, CFDs, and cryptocurrencies available with this online trading platform.
There are different account types available for all traders – from beginners to pros. All accounts are suitable in cryptocurrencies and at any time traders can contact customer support team to have specific changes.
Silver Account – $250 Min. Deposit
Gold Account – $5,000 Min. Deposit
Platinum Account – $25,000 Min. Deposit
Diamond Account – $100,000 Min. Deposit
In this distinction of accounts, it is important to note the fact that bonuses are available for payout after trading 30 times the initial deposit amount + after traders clean out the broker bonus.
It is well known that bonus is the most common problem with traders and that most complaints are based on it. In the period of reviewing this broker, we have come up with a few inconveniences suggesting that this broker is a scam. Also, minimum withdrawal amount is $100 on which the broker takes $25 fee which seems a lot.
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Bit-Markets give traders an opportunity to use their easy-to-use trading software which is integrated on the web platform. This software is only web-based and traders don’t have a choice to use something different or better. All you need to do is open an account, choose the type, invest and start trading by choosing a different option available within the platform. Also, Bit-Markets does not mention mobile options for trading which is popular among traders who prefer to trade on the go. It should be noted that when testing the software we had several glitches and bugs along the way.
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Support is a very important feature that should be available to all traders. That is the link between the trader and the broker, so it is important for support to be informative, fast and available to users when needed. However, with Bit-Markets that was not the case. We tried to contact their support team on several occasions just to ask simple questions about the account and trading and we got no reply.
On their Contact us tab traders can find additional information like UK customer support number: +44 2035147436 or different emails on which their team can be contacted. If you need additional info or help with this broker, we suggest you to try this email address: [email protected] Also, at any moment, traders can fill out the contact us form and get additional information.
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We searched for a lot of info about this broker and couldn’t get enough about the payment methods available. What we can see from the website, traders can use different credit/debit cards along with bank transfers. Also, traders can make a deposit in several cryptocurrencies. As always, we suggest to all our readers to be very skeptical when making a deposit and to always prefer investing in a regulated and trusted broker for added security and benefits.
We make it our mission to not recommend anything but the best – which, according to industry experts, is IQ Option, the top regulated broker for your country with a minimum deposit of ONLY $10!
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