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BitFX Markets

Moderate riskForex / CFD broker
🇬🇧 United Kingdom · 5-10 years · since 2020-03-03 · BitFX Markets
Unregulated
Visit site ↗
—/5
★★★★★ ★★★★★
0 reviews ›
0
Licenses ›
0
Withdrawal issues ›
$1000
Min. deposit ›
Flexible Leverage up to 1:400
Max leverage ›
4
Account types ›
48/100
Scam risk ›
0
Clone sites ›
Accounts: Gold Account · $2,500Islamic Account · $2,500Platinum Account · $25,000Silver Account · $1,000
▲ 0% positive▼ 0% negative
Independent ratingshow third parties score this broker
WikiFX1.56/10
Trustpilot—/5
Forex Peace Army—/5
🛡️ Been scammed or can’t withdraw from BitFX Markets? Our free assistant writes up your case and shows exactly what to do next →
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No sign that BitFX Markets actively operates in your country (United States). If you were solicited from here, be extra cautious — it may be an unregulated approach or a clone.
48
Moderate risk
Scam Risk Scoremonitored · 2026-07-28
Lower riskHigher risk
  • No verified regulatory license on file
  • No verifiable website or social-media presence
How this score is calculated — view the open algorithm

A transparent weighted score from objective public data — each factor scored 0–100 (higher = riskier), combined by the weights below.

FactorScoreWeight
Regulation & licensing8535%
Company age2215%
Clone / impersonation012%
Withdrawal & exposure complaints012%
Offshore registration108%
Transparency (site/info/social)10010%

Based on public regulatory records, industry databases and independent reviews (Trustpilot, Forex Peace Army). Exit Risk reflects recent negative momentum in real reviews. A risk estimate from public data, not a definitive legal judgment; brokers may request a correction.

Company
Legal nameBitFX Markets
Headquarters🇬🇧 United Kingdom
Founded2020-03-03
Years operating5-10 years
Employees0
Official websitebitfxmarkets.com
Trading conditions
Avg execution speed0 ms
Avg slippage0
Swap rating—
Trading cost rating—
Monitored traders0
Monitored orders0
Funding & instruments
Deposit methods2 methods
Withdrawal methods · --
Instruments--

Regulation & licenses · 0

No valid regulatory license found — high caution advised.

Account types · 4

AccountMax leverageMin. depositMin. spreadCommissionEA
Gold AccountFlexible Leverage up to 1:400 $2,500----✓
Islamic AccountFlexible Leverage up to 1:400$2,500----✓
Platinum Account--$25,000----✓
Silver Account-- $1,000----✓

Review analysis AI

BitFX Markets presents a high-risk profile due to its complete lack of regulatory oversight. The high leverage on Gold and Islamic accounts (up to 1:400) amplifies both potential gains and losses. With no verifiable information on trading conditions, platforms, or client funds protection, FXCanary recommends extreme caution and thorough due diligence before engaging with this broker.

Best for
  • Traders willing to accept high risk with unregulated brokers
  • High-net-worth individuals seeking premium account services
Not for
  • Risk-averse traders who prioritise regulatory protection
  • Traders requiring full transparency on instruments and fees
Period:

Real user reviews

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About BitFX Markets

Company Overview

BitFX Markets is a trading name registered in the United Kingdom, established on 3 March 2020. According to official records, the company has not registered with any financial regulatory authority. This absence of regulation is a significant factor for any trader considering opening an account.

The broker operates from the UK but does not hold a licence from the Financial Conduct Authority (FCA) or any other recognised regulator. Traders should be aware that dealing with an unregulated entity carries inherent risks, including limited recourse in the event of a dispute.

Account Types and Minimum Deposits

BitFX Markets offers four account tiers: Silver, Gold, Islamic, and Platinum. The Silver account requires a minimum deposit of $1,000, while the Gold and Islamic accounts each require $2,500. The top-tier Platinum account demands a significantly higher minimum deposit of $25,000.

For the Gold and Islamic accounts, the broker states it offers flexible leverage up to 1:400. No leverage details are provided for the Silver or Platinum accounts in the available records. The Islamic account is presumably swap-free, catering to traders who require compliance with Sharia law.

Trading Instruments and Platforms

Our known facts do not include specific details on the trading instruments or platforms offered by BitFX Markets. Typically, brokers of this nature offer forex, CFDs on indices, commodities, and potentially cryptocurrencies, but this cannot be confirmed for BitFX Markets.

Similarly, no information is available regarding the trading platform(s) used, such as MetaTrader 4/5 or proprietary software. Traders should seek this information directly from the broker before committing funds.

Funding and Withdrawals

No details on deposit or withdrawal methods are provided in the known facts. It is unclear whether the broker accepts bank transfers, credit/debit cards, e-wallets, or other payment methods.

Processing times and any associated fees are also unknown. Given the lack of regulatory oversight, transparency around financial transactions is an additional concern.

Customer Support and Operations

Information on customer support channels is not available. Without regulatory oversight, the broker's responsiveness and reliability in handling client inquiries or issues remain unverified.

The operational history since 2020 is limited in public records. FXCanary could not find independent reviews or user testimonials, which leaves a gap in assessing the broker's track record.

Overview compiled by FXCanary from regulatory records and public data. full BitFX Markets review