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The WikiFX Score of this broker is reduced because of too many complaints!
Bitcore Pro
Poland|1-2 years| Suspicious Scope of Business|High potential risk|
https://bitcorepro.com/
Website
Rating Index
Contact
+1 7389186877
support@bitcorepro.com
https://bitcorepro.com/
Trakt Lubelski 166 04-790 Warsaw Poland
The WikiFX Score of this broker is reduced because of too many complaints!
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
Contact number
English
+1 7389186877
Broker Information
More
Company Name
Bitcore Pro Markets Limited
Company Abbreviation
Bitcore Pro
Platform registered country and region
Poland
Company website
Pyramid scheme complaint
Expose
Check whenever you want
Download App for complete information
Warning: Low score, please stay away!
3
Previous Detection :
2024-04-28
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
- The number of the complaints received by WikiFX have reached 7 for this broker in the past 3 months. Please be aware of the risk and the potential scam!
WikiFX Verification
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Exposure
7 pieces of exposure in total Pyramid scheme complaint
Expose Unable to Withdraw
It's too much. Freeze my account. I just want a small income. I only care about cancer. What kind of government? Fraud will never be found. Please also pay attention to this man and ask for cooperation.
It's too much. Freeze my account. I just want a small income. I only care about cancer. What kind of government? Fraud will never be found. Please also pay attention to this man and ask for cooperation.
2023-11-27 14:05
Unable to Withdraw
I was invited to invest through IG, but I was scammed. The other party was romance scam, so please be careful.
Last December, I received a private message from a strange netizen on IG. He was very proactive and kept sending me messages. We started chatting and even added friends on LINE. We were in a relationship, and in the middle, he introduced me to this platform and asked me to invest. I was able to withdraw money at first, but then I couldn't pass the review. The customer service said Ineed to pay a deposit. I was so angry that I confronted him, and he said he would help me pay half of it and let me mortgage the rest. But I'm not that stupid. Later, he also scolded me. Unfortunately, I was so angry that I deleted the conversation, and now only the information on the platform is left to take screenshots.
2024-03-20 11:17
Unable to Withdraw
The withdrawal could not be made and review was pending. Later, the withdrawal was refused. The customer service replied that there was no transaction flow and the withdrawal operation could not be performed.
At first, a strange lady came to chat with me on IG. Later, I talked and said that their IG in Zhuhai was not convenient for chatting and asked to add a line. The chat in the first few days was normal, but later she called me and told me that their company had invaded the data of some companies to achieve profits, she asked me to put coins on the platform together. At first, she first put coins on the okx trading app platform and then transferred to the bitcorem URL she gave me. During the process of buying coins, she provided me with a person's account and asked me to send money to buy coins for her. In the beginning, I did make a profit and got my money back. Later, I slowly started to ask myself to put more money on the platform she gave me. When she asked me to put 100,000 into it, I told her that if you are willing to invest with me, I put 130,000 in the account, so I put it in. But she put it in to gain my trust. This situation made me start checking online to see if this was a scam, so yesterday I went to the platform website she gave me to withdraw the premise. I found that it was under review and I couldn't withdraw it. When I asked customer service, they told me There is no way to withdraw money without transaction records. She talks to me on the phone almost every day. She wants to video chat with me, but I can only do it. She told me about this part because their company is doing intrusion into other companies, so the company regulations cannot allow it. You can't take pictures with the camera on.
2023-12-28 11:34
Scam
Using sympathy to defraud investors
A Mr. Li delivered messages to me on IG, chatted, and said that he didn’t use it often, and asked me to add him on Line. He chatted with me every day, mostly by voice messages or phone calls. He talked about his past experiences and relationships to get my trust. Later, he said that his job was anti-intrusion and he could see the data and make money. He said that he wanted to help improve my life and live a better life. He said we could live better, and taught me how to make money. I was very disgusted and thought it was a scam, but he was so serious and kept explaining that he wanted me to try it with a small amount to know whether it was true or not. He also wanted me to download Binance, VPN, and Max to bind contract transfers. He informed me that he had something, and I tried it with NT$5,000 first. He sent a link to log in from Google, and then the transaction was very fast, it became more than 8,000 and then transferred back to the account of 6,400, which made me believe it was true. Then he asked me to invest more to make more money. The second time I invested NT$20,000, and later got back NT$26,000. He said that opportunities don’t come every day and asked me to seize the last chance. He said that there might be stricter precautions against intrusions over there, it may be the last chance. He said that he and his friends were planning to loan 20 million to invest in. The company had confidentiality regulations. He took me privately because he wanted me not to disclose it to others. He also said that he would help me invest in this privately. He told me to find a way to invest more funds and ask friends and relatives I know to borrow money or loans. When the time comes, I will make a profit and repay others for giving me more money. During this period, I was trying to think of a way, and he kept urging me. Later, after adding the original 26,000 yuan and borrowing 90,000 yuan to invest, he also transferred 1 million to me and said that he would eat instant noodles and sell the car for me. But he had late-night snacks with friends after work... He said it was not enough and asked me to think of another way. I was really upset every day and kept calling to borrow money. I had work to do and encountered many situations at home... Later, he called me and told me that he would take me to invest. Finally, We made a total profit of about 2 million more. But when I wanted to withdraw, it was refused. When we asked customer service, they said that because the profit was too much, I had to pay 20% tax, which could not be deducted from the profit and had to be paid separately...I asked him if he knew this would happen. He said it was all handled by the finance department, so he asked me to find a solution together. I was dumbfounded and would be driven crazy trying to find a way to loan... It was during the Chinese New Year, so the deadline was after that. He said that he will try his best to collect money, because he has invested a lot of money in the company, so he can only get back the money slowly one by one, and the Chinese New Year is approaching and the company has to pay employees. I have always had doubts after seeing exposures, and I thought some of them looked similar... I also sent screenshots to him, and he said it was all slander. What they did for anti-intrusion was just the company operating and looking at the data, no one was scamming. I still asked him to be honest and swear to me, then I believed him. The deadline is up after the year, and I only have 40,000, which I finally found in a financial loan. He said he borrowed tens of thousands from a friend before the year and then took me to transfer it to customer service first. I asked him, don't you need to transfer it? He told me that he lost all his money playing cards during the New Year... Damn it! I was shocked...I was very angry and sad and kept telling him what I felt. He said that he would pay 20% and leave 40% to me...A company boss would let me, a single mother who has a difficult life, pay more taxes than him?! So I decided to expose it, and I just hope that I can get back my principal. Please help me! 😭😭😭
2024-03-06 04:43
Unable to Withdraw
My money was back.
I started trading with BitcorePro in January 2024 with an initial deposit of $50,000. However, they started asking for more and more deposits, and in addition to these deposits they increased the company's capital by 50%, claiming that bonuses could increase leverage and I had to report them to .Forteclaim.com for recovery assistance. Glad I got my money back, please stay away from this platform, it's nothing but a romance scam.
2024-04-01 22:10
Unable to Withdraw
Fake friends, real fraud. He still wants to lie to me.
I met a mainland man online in early November. After we chatted frequently for a while, he said he wanted to help me make money. I downloaded a bunch of apps and then found a currency dealer to buy coins into HTX, and then transferred them to the wallet on the Bitcore website. The first time I loaned out 30,000 yuan, I earned 8,000 yuan. Later, I was asked to lend all the money and even called me to ask for a loan. He said that the data is not available every time and should be kept carefully. Then I really stupidly invested all my money (300,000). Later, when I was waiting to withdraw the money, I found that I had to pay 20% tax. He had to go to the bank for a loan of 200,000 yuan, but it was not enough. He said he had to take out the company car for a loan to make up for the rest. After paying, they said it was a suspected hacker intrusion and they had to pay a verification fee. I had no choice but to borrow 240,000 from the People’s Bank of China to make up the money, and then borrow 42,000 from a friend to make up the money. Will we have to wait another 60-90 days? ! He also wanted me to withdraw money and is still trying to deceive me.
2024-03-31 16:52
Bitcore Pro · Company Summary
| Bitcore Pro | Basic Information |
| Company Name | Bitcore Pro |
| Founded | 2005 |
| Headquarters | Poland |
| Regulations | Not regulated |
| Tradable Assets | Forex, Indices, Oil, Gold, Cryptocurrency CFDs, and more |
| Account Types | Demo, micro, STP, ECN, crypto, PAMM ECN, PAMM STP, PAMM Crypto Account |
| Minimum Deposit | From $1 |
| Maximum Leverage | 1:500 |
| Spreads | From 0.0 pips |
| Commission | Variable |
| Trading Platforms | TickTrader, MetaTrader 4, MetaTrader 5 |
| Trading Tools | Universal Calculator, One Click Trading and Level2 Plugin, Currency Exchange Rates |
| Customer Support | Email (Support@bitcorepro.com)Phone (+447389186877) |
| Bonus Offerings | Yes（for STP and Micro accounts） |
Overview of Bitcore Pro
Bitcore Pro, established in 2005 and headquartered in Poland, offers traders a variety of trading instruments through its unregulated platform. With account types catering to different trading needs and leveraging the TickTrader, MetaTrader 4, and MetaTrader 5 trading platforms, Bitcore Pro aims to provide accessible and professional trading services. However, its lack of regulation may pose risks to traders, requiring careful consideration before engaging in trading activities.
Is Bitcore Pro Legit？
Bitcore Pro is not regulated. It's crucial to highlight that Bitcore Pro operates without valid regulation, indicating a lack of oversight from established financial regulatory authorities. Traders should proceed with caution and fully understand the risks associated with trading through an unregulated broker like Bitcore Pro. These risks may include limited options for dispute resolution, potential concerns regarding fund safety and security, and a lack of transparency in the broker's operations. To safeguard their interests, traders are advised to conduct thorough research on a broker's regulatory status before participating in any trading activities, ensuring a more secure and reliable trading experience.
Pros and Cons
Bitcore Pro presents a diverse range of trading instruments and multiple account types, along with the popular MetaTrader 4 and MetaTrader 5 platforms. Additionally, automated Forex trading is available to any Forex trader. However, the absence of regulatory oversight poses potential risks to traders, compounded by unclear information on deposit and withdrawal methods. Furthermore, the lack of educational resources and transparency regarding company policies and procedures may deter traders seeking guidance. Although automated Forex trading is available, traders should exercise caution when considering Bitcore Pro, ensuring thorough research and understanding of the associated risks before engaging in trading activities.
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Trading Instruments
Bitcore Pro offers a wide array of trading instruments, including global forex, indices, oil, gold, and cryptocurrency CFDs.
Account Types
Bitcore Pro offers a variety of account types tailored to accommodate the diverse needs of traders.
These accounts include Micro, STP, ECN, and crypto accounts, each equipped with expert advisors for automated trading. The Micro account, starting from just $1, operates on the MT4 platform, ideal for traders looking to start with minimal investment. The STP account, starting from $300 or equivalent, also utilizes MT4 and targets traders seeking access to Straight Through Processing (STP) execution. The ECN account, starting from $500, supports trading on MT4, MT5, and TickTrader, providing traders with Electronic Communication Network (ECN) execution. Additionally, crypto accounts, starting from $10, allow trading cryptocurrencies on the MT4 platform.
Furthermore, Bitcore Pro offers PAMM (Percentage Allocation Management Module) accounts, including PAMM ECN, PAMM STP, and PAMM Crypto Account, which enable traders to invest with experienced Masters who trade within the ECN or STP environment or trade cryptocurrencies against major currencies in the form of CFDs. PAMM ECN, PAMM STP, and PAMM Crypto Account also come equipped with expert advisors, allowing traders to benefit from automated trading strategies while participating in the Percentage Allocation Management Module (PAMM) system.
For novice traders, Bitcore Pro offers a demo account for risk-free practice.
| Account Type | Minimum Deposit | Leverage | Commission | Spread | Trading Instruments |
| ECN Account | $500 (or the equivalent in another currency) | Up to 1:500 | From $1.5 per Standard lot ($100,000) | Floating, from 0 pips | 50+ FX Spot CFDs25+ Cryptocurrency CFDsShares CFDsIndex CFDsSpot Metals CFDsCommodity CFDs |
| STP Account | From $300 (or the equivalent in another currency) | Up to 1:500 | No | Floating depending on the buy/sell orders | 50 currency pairs+ gold and silver |
| Micro Account | From $1 | Up to 1:500 | No | Floating | 28 currency pairs+ gold and silver |
| Crypto Account | From $10 (or the equivalent in another currency) | 1:3 | 0.5% half-turn | Floating | 43 pairs with BTC, LTCEOS, PPC, ETHDASH, EMC |
| PAMM ECNAccount | Depending on the offer parameters | Up to 1:100 | From $1.50 half-turn, dependant upon equity and traded volume | Floating, from 0 pips | 50 currency pairs, gold and silver, CFDs, Oil, Natural Gas |
| PAMM STP Account | Depending on the offer parameters | Up to 1:100 | No | Floating market spread from 0 pips | 50 currency pairs + gold and silver |
| PAMM Crypto Account | Depending on the offer parameters | 1:3 | 0.5% of the transaction volume (half-turn) | Floating | Currency pairs with BTC, LTC |
How to Open a Forex Trading Account？
To open a trading account and start trading, you need to open an eWallet a tool for managing your funds and trading accounts in the My Bitcore Pro area, and then follow the steps below:
Log in to your My Bitcore Pro personal area;
Select the type of account you need;
Read and accept important documents;
Fill in the account opening form.
Once the process has been successfully completed, you will see the registration data for your new trading account. To be able to start trading on a Create Account, please add funds to your trading account via any available payment systems in My Bitcore Pro and install MetaTrader or use Web Trader. To get more information about how to add a trading account, please visit this link.
Leverage
The various account types offered by Bitcore Pro come with distinct leverage options tailored to suit traders' preferences and risk management strategies. The ECN, STP, and Micro accounts provide traders with up to 1:500 leverage. However, the Crypto Account maintains a more conservative approach, offering a leverage ratio of 1:3. For those engaging in the Percentage Allocation Management Module (PAMM), the ECN and STP accounts offer leverage of up to 1:100. Similarly, the PAMM Crypto Account maintains a leverage ratio of 1:3.
Spreads and Commissions
Each account type offered by Bitcore Pro is associated with specific commission and spread structures. The ECN Account incurs a commission starting from $1.5 per Standard lot ($100,000) traded, while the STP Account does not charge any commission. Similarly, the Micro Account also does not have commission fees. However, the Crypto Account will charge a commission of 0.5% of the half turn. For PAMM accounts, the PAMM ECN and PAMM STP Accounts incur commissions starting from $1.50 half-turn, which may vary based on equity and traded volume. In contrast, the PAMM Crypto Account applies a commission of 0.5% of the transaction volume, calculated half-turn.
Regarding spreads, all account types at Bitcore Pro utilize floating spreads. The ECN Account, PAMM ECN Account, and PAMM STP Account provide spreads starting from 0 pips. In contrast, the STP Account's spread varies depending on buy/sell orders. Similarly, both the Micro Account and the Crypto Account, along with the PAMM Crypto Account, feature floating market spreads.
Trading Platforms
Bitcore Pro provides its traders with a diverse selection of trading platforms to cater to their individual preferences and needs.
The TickTrader platform stands out as a brand-new addition, offering access to five of the most popular asset classes, including forex, stocks, commodities, indices, and cryptocurrencies, all within a single trading account. Specifically designed for the TickTrader platform is the TickTrader ECN account, facilitating both margin and deliverable trading.
For traders preferring the reliability of MetaTrader, Bitcore Pro offers both MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms. MT4, recognized as the leading Forex trading platform, is available for Windows, Mac, and web browsers, ensuring accessibility across various operating systems. Similarly, MT5 retains the familiar user interface of MT4 while introducing new functions tailored to enhance traders' Forex trading experience. However, it's important to note that only ECN trading accounts are currently supported in MetaTrader 5.
Furthermore, Bitcore Pro offers mobile trading terminal versions for iOS and Android devices, allowing traders to access their accounts and execute trades conveniently from their smartphones or tablets.
Trading Tools
Bitcore Pro equips traders with a suite of trading tools designed to enhance their trading experience.
The Universal Calculator is a user-friendly tool that provides instant and precise calculations for commissions, margin, and pip values. By accurately calculating these parameters, traders can refine their trading strategies and mitigate the risk of loss and stop-out. This tool empowers traders to calculate margin and pip values quickly before opening a trade, facilitating informed decision-making. Additionally, the Universal Calculator assists in defining optimal leverage and determining exact commissions on ECN accounts, further aiding traders in managing their trading activities effectively.
For traders seeking speed and efficiency in order placement, Bitcore Pro offers the One Click Trading and Level2 Plugin. With this tool, traders can execute orders at the best available price with a single mouse click, which is particularly valuable in volatile FX markets. Moreover, the Level2 Plugin provides insight into market depth with five levels of liquidity for each currency pair, enabling traders to make well-informed trading decisions based on available volumes.
Bitcore Pro's Currency Exchange Rates feature is beneficial for traders with multi-currency accounts. This tool provides accurate conversion rates when transferring between Bitcore Pro accounts with different base currencies, ensuring transparency and precision in currency exchanges. Additionally, traders can access historical rates for any date of their choice, enabling them to analyze past trends and make informed decisions regarding currency conversions.
Customer Support
For non-clients or those seeking general information about Bitcore Pro, an email address (support@bitcorepro.com) is provided. Additionally, traders can contact Bitcore Pro's customer support team via phone by dialing +447389186877. Bitcore Pro also offers a customer support portal where traders can submit tickets to specific departments for assistance. To access the portal, traders can log in using their email and Bitcore Pro password.
Conclusion
In conclusion, Bitcore Pro offers a diverse range of trading instruments and multiple account types, complemented by the widely utilized MetaTrader 4 and MetaTrader 5 platforms. However, the absence of regulatory oversight presents potential risks, further exacerbated by unclear information on deposit and withdrawal methods. Moreover, the lack of comprehensive educational resources and transparency regarding company policies and procedures may pose challenges for traders seeking guidance. Traders should approach Bitcore Pro with caution, conducting thorough research and comprehending associated risks before participating in trading activities.
FAQs
Q: Is Bitcore Pro regulated？
A: No, Bitcore Pro operates without regulation, which means it lacks oversight from recognized financial regulatory authorities.
Q: What trading instruments are available on Bitcore Pro？
A: Bitcore Pro offers a range of trading instruments, including Forex, Indices, Oil, Gold, Cryptocurrency CFDs, and more.
Q: What account types does Bitcore Pro offer？
A: Bitcore Pro provides various account types, including Demo, Micro, STP, ECN, Crypto, PAMM ECN, PAMM STP, and PAMM Crypto Account, catering to different trading preferences and experience levels.
Q: How can I contact Bitcore Pro's customer support？
A: You can reach Bitcore Pro's customer support primarily through email at support@bitcorepro.com. Additionally, traders can contact Bitcore Pro's customer support team via phone by dialing +447389186877.
Risk Warning
Trading online carries substantial risk, and there's a possibility of losing all your invested capital. It's crucial to understand that online trading may not be suitable for everyone. Please ensure you comprehend the risks involved and note that the details provided in this review could change due to updates in the company's services and policies. Additionally, the review's generation date is also significant, as information may have evolved since then. Hence, it's recommended that readers always verify updated information directly with the company before making any decisions or taking action. The reader bears sole responsibility for the use of the information provided in this review.
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