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/10

Bitmine FX

United Kingdom United Kingdom | 5-10 years |
Questionable Regulatory License | Suspicious Operational Region | High Potential Risk

https://bitmine-fx.com

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Rating Index

Contact

https://bitmine-fx.com

license Forex License

No forex trading license found. Please be aware of the risks.

Warning: Low score, please stay away!
  • This broker lacks valid forex regulation. Please be aware of the risk!
2

Basic Information

Registered Region
United Kingdom
Operating Period
5-10 years
Company Name
Bitmine FX limited
Email
info@bitmine-fx.com
Company Website
Verified Site
About Us
Wiki Q&A
Comment

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Official Website

Verified Site

  • bitmine-fx.com
    34.98.99.30
    Server Location
    United States United States
    ICP Registration No.
    --
    Top Visitor Locations
    --
    Creation Date
    --
    Website Name
    --
    Company
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Company Profile

Company Profile

Review summary

General Information & Regulation

Bitmine FX is forex broker that provides online trading in a wide range of financial assets. And it further claims to support the renowned MetaTrader4 platform and to offer attractive spreads. Bitmine FX does not fall under any regulatory agencies.

Markets Instruments

Tradable financial instruments available on the Bitmine FX platform include forex currency pairs, precious metals, indices, commodities, and crypto currency.

Minimum Deposit

Bitmine FX does not have any minimum initial requirement. This would be perfect, had the broker been legit.

Leverage

No trading leverage information is provided. Most unregulated brokers are usually quite generous with leverage, as they dont face any restrictions.

Spreads & Commissions

The EUR/USD cost of trade is said to be 1 pip, but as it already became clear, we couldnt verify this information.

Trading Platform Available

Bitmine FX offers to its clients MetaTrader 4. We must say that this is an excellent choice of a trading platform as the MT4 is reigning strong despite its old age of 15 years. This platform comes equipped with one of the best packages containing trading tools and instruments among which we can mention the auto trading option, the trading signals, the code base with customs scripts, the app market, VPS, etc.

Deposit& Withdrawal

Bitmine FX works with credit/debit cards, bank wire, e-wallets like Skrill, Neteller, FasaPay, WebMoney, SticPay. Further information is not mentioned about deposit and withdrawal.

Company Profile

  • 5-10 years
  • Questionable Regulatory License
  • Suspicious Operational Region
  • High Potential Risk

Wiki Q&A

Is Bitmine FX safe and reliable?

Bitmine FX presents significant safety concerns. According to WikiFX data, the broker holds no valid forex trading licenses from recognized regulators, classifying it as an unregulated offshore entity. The WikiFX SkyEye assessment assigns it a total score of 1.57, which indicates a severely deficient operational profile. Therefore, it does not meet the standard criteria for a safe and reliable broker from a regulatory oversight perspective.

Three days ago
United States

Is Bitmine FX regulated?

No, Bitmine FX is not regulated by any recognized financial authority. WikiFX data confirms the entity has no valid forex trading licenses, placing it in the category of an unregulated offshore operation. Trading with an unregulated broker carries inherent risks, as client funds are not protected by standard compensation schemes or regulatory oversight.

Three days ago
United States

What is the minimum deposit of Bitmine FX?

The specific minimum deposit requirement for Bitmine FX is not explicitly listed on its public channels. When such data is absent, prospective clients are advised to verify directly with the broker or consult WikiFX for updates on trading conditions.

Three days ago
United States

Does Bitmine FX support MT4 or MT5?

Public information regarding the trading platforms supported by Bitmine FX is currently not detailed. The WikiFX assessment notes a 'Suspicious Scope of Business,' which contributes to the difficulty in verifying standard platform offerings like MetaTrader 4 (MT4) or MetaTrader 5 (MT5).

Three days ago
United States
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