Global Broker Regulation & Inquiry App

Score

0123456789
.
0123456789
0123456789
/10

BITMART EXPO

Hungary|2-5 years|
Suspicious Scope of Business|High potential risk|

https://bitcmart-expo.com/

Website

Rating Index

Contact

+36 17011808
support@bitmartexpo.com
https://bitcmart-expo.com/
Budapest, Soroksári út 34, 1095 Hungary

Licenses

No valid regulatory information, please be aware of the risk!

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

Open Now

Check whenever you want

Download App for complete information

Warning: Low score, please stay away! 2
Previous Detection : 2024-05-24
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

Users who viewed BITMART EXPO also viewed..

XM

9.04
Score
10-15 yearsRegulated in AustraliaMarket Making(MM)MT4 Full License
Official website

FP Markets

8.88
Score
15-20 yearsRegulated in AustraliaMarket Making(MM)MT4 Full License
Official website

CPT Markets

8.21
Score
5-10 yearsRegulated in United KingdomMarket Making(MM)MT4 Full License
Official website

KCM Trade

7.74
Score
5-10 yearsStraight Through Processing(STP)MT4 Full License
Official website

BITMART EXPO · Company Summary

Basic Information
Registered Countries Hungary
Regulation No License
Minimum Deposit $250
Maximum Leverage 1:100
Minimum Spread N/A
Trading Platform Webtrader
Trading Assets Forex, Cryptocurrencies
Payment Methods Crypto assets
Customer Support Email, Telephone support

General Information

Registered in Hungary, BITMART EXPO is an offshore company that claims to be licensed and legitimate, but is none of that in reality. BITMART EXPO claims that it provides a series of forex and CFD trading services, with the maximum trading leverage up to 1:100, and $250 is required to get started with this broker.

image.png

BITMART EXPO is not oversighted by any regulator, and thats why WikiFX has given it a very low score of 1.08/10. Please be aware of the risk, for trading with an unregulated broker is a surefire way to lose your money.

image.png

Minimum Deposit

The minimum deposit to get started with this broker is said to be $250, not a large amount, though. Investors should take extra vigilance, for few genuine brokers would ask for so much initial deposit, basically around $100.

Spreads & Commissions

Although BITMART EXPO hypes that it provides spreads below 1 pips, this is doubtful.

Unregulated brokers promises cannot be necessarily trusted, for all they want to do is lure more investors with seeming attractive spreads.

Leverage

When it comes to leverage, provides its customers with access to 1:100, which is greater than the levels regarded appropriate by many regulators, with the maximum leverage for major currencies up to 1:30 in Europe and Australia, and 1:50 in the United States and Canada.

Since leverage can amplify both gains and losses, it can result in devastating losses for investors who lack experience. If you're just starting out in the trading world, it's best to stick with the lower size, no more than a 1:10.

Trading Platform

What BITMART EXPO provides is not the MT4 OR MT5 trading platform, a simple webtrader instead. Popular features like automated trading, that can be found in software like industry leading MT4 or MT5, are nowhere to be seen.

Payment Methods

BITMART EXPO only supported traders to make deposits and withdrawals through various crypto assets. This is a worrying sign, for the lack of chargeback with these methods to make it difficult for their clients to get their money back.

Customer Support

If you have any inquiries or trading-related issues, the following contact information for your usage:

Telephone: +36 17011808

Email: support@bitmartexpo.com

Company Address: Budapest, Soroksári út 34, 1095 Hungary

Skanstes iela 7, K-1, Vidzemes priekšpilsēta, Rīga, LV-1013, Latvia

Risk Warning

Trading leveraged products such as forex, cryptocurrencies and derivatives may not be suitable for all investors as they carry a high degree of risk to your capital. Please ensure that your fully understand the risks involved, taking into account your investments objectives and level of experience.

The information presented in this article is intended solely for reference purposes.

Pros & Cons

Pros Cons
Generous leverage up to 1:100 No regulation
Shady bonuses
Weak platform
No demo accounts available

Frequently Asked Questions

What trading instruments can I trade with on BITMART EXPO

BITMART EXPO provides access to forex-related trading instruments.

What is the minimum deposit required by BITMART EXPO?

The minimum deposit to start trading with BITMART EXPO is $250.

What is the maximum leverage available?

The maximum trading leverage that is available on the Bitmart Expo platform is up to 1:100.

Broker Information

Company Name

BITMART EXPO

Company Abbreviation

BITMART EXPO

Regulatory Status

No Regulation

Platform registered country and region

Hungary

Company website
Phone of the company
  • +36 17011808

Twitter

--

Facebook

--

Instagram

--

YouTube

--

Company address
  • Budapest, Soroksári út 34, 1095 Hungary

  • Skanstes iela 7, K-1, Vidzemes priekšpilsēta, Rīga, LV-1013, Latvia

Linkedin

--

WhatsApp

--

QQ

--

WeChat

--

Customer Service Email Address
  • support@bitmartexpo.com

Company Summary

User Reviews

Sort by content

  • Sort by content
  • Sort by time

User comment

4

Comments

Write a review

FX1217728940
more than one year
This broker once contacted me that they can offer me an excellent investment opportunity… I checked its background and found that this broker is probably a scammer. So, I am here to tell you guys…
2023-02-21 21:15
Reply
0
0
四画先生
more than one year
Funny!!! 😂 😂 😂 I don’t understand why this broker from an unknown country dare to defraud investors here. With nothing on its website, so rubbish!!!
2023-02-14 10:07
Reply
0
0
FX1200787341
more than one year
This company registered in Hungary for less than 1 year seems like a scammer, since its website is closed and it does not have any reliable regulation.
2023-02-13 18:02
Reply
0
0
1a1b2采
more than one year
BITMART EXPO is a 100% scam company. You won't be able to get your money back as it either disappears or your withdrawal request is endlessly pending.
2022-12-16 17:06
Reply
0
0
TOP
Select Country/Region
United States
※ The content of this website abides with local laws and regulations.
You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
consumer hotline:006531290538
Official Email:support@wikifx.com;
Mobile Phone Number:234 706 777 7762;61 449895363
Telegram:+60 103342306
Whatsapp:+852-6613 1970;
License or other information error corrections, please send the information to:qawikifx@gmail.com
Cooperation:fxeyevip@gmail.com