Saint Vincent and the Grenadines|5-10 years| https://www.bitfreezy.com/
Website
Influence
D
Influence index NO.1
India 2.54No valid regulatory information, please be aware of the risk!
Single Core
1G
40G
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Bitfreezy Financials LLC
bitfreezy
Saint Vincent and the Grenadines
Pyramid scheme complaint
Expose
| Benchmark | -- |
|---|---|
| Maximum Leverage | 1:200 |
| Minimum Deposit | $500 |
| Minimum Spread | 0.1 |
| Products | -- |
| Currency | -- |
|---|---|
| Minimum Position | -- |
| Supported EA | |
| Depositing Method | -- |
| Withdrawal Method | -- |
| Commission | -- |
| Benchmark | -- |
|---|---|
| Maximum Leverage | 1:1000 |
| Minimum Deposit | $10 |
| Minimum Spread | 1.7 |
| Products | -- |
| Currency | -- |
|---|---|
| Minimum Position | -- |
| Supported EA | |
| Depositing Method | -- |
| Withdrawal Method | -- |
| Commission | -- |
| Benchmark | -- |
|---|---|
| Maximum Leverage | 1:500 |
| Minimum Deposit | $100 |
| Minimum Spread | 0.9 |
| Products | -- |
| Currency | -- |
|---|---|
| Minimum Position | -- |
| Supported EA | |
| Depositing Method | -- |
| Withdrawal Method | -- |
| Commission | -- |
Capital
$(USD)
WikiFX Data provideGeneral Information & Regulation
Bitfreezy is predominantly a crypto trading broker that was established in 2019, even though it claims to have been operating for over 25 years on the market. It offers assets from other markets as well, including Forex, indices, and commodities. Bitfreezy, which is owned and operated by Bitfreezy Financials LLC – an offshore company based on Saint Vincent & the Grenadines, which does not fall under any regulatory agency.
Markets Instruments
Bitfreezy advertises that it offers over 80 financial instruments, including currency pairs and CFDs on various financial products such as metals, indices, energy commodities, stocks and crypto currencies.
Minimum Deposit
Bitfreezy says you can start trading with just 100 USD, and this is in line with the best practices on the market. Still, some well-known brokers will let you open a trading account with just 5 USD or so.
Leverage
Bitfreezy offers a whopping 1:1000 leverage. Credible brokers always warn their clients that using too high leverage ratios can expose them to higher risks, yet the Bitfreezy FX brokerage carries on without any prompt or warning.
Spreads & Commissions
As for spreads, the broker features a very shallow 0.1 minimum spread for EUR/USD pairs. Now, if there were other commissions to offset the spreads, we wouldn‘t be so suspicious, yet Bitfreezy also boasts with zero or very low commission charges. It doesn’t even charge swaps for overnight trades, which is super-suspicious and makes us wonder where the broker gets the funding from.
Trading Platform Available
What Bitfreezy offers to its traders is MT5 trading platform. MT5 comes with a fine set of advanced charting tools, numerous modifiable market indicators and specially designed trading robots, with the help of which one can easily run automated trading sessions.
Deposit& Withdrawal
Bitfreezy accepts payments only with bitcoins, while most brokers accept payments with major cards like VISA and MasterCard and e-wallets like Neteller and Skrill.
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2022-12-07 14:23
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