✔️ Information reviewed and updated in July 2024 by Eduardo López

IS Bitox RELIABLE? OPINIONS

Today we are going to evaluate Bitox. Is the broker for trading stocks, ETFs, funds, bonds, options and futures, forex CFDs, shares, commodities and indices and cryptocurrencies Bitox, operating through bitox.co, a company you can trust? Is it safe to invest your money with them? I will do a thorough analysis of this company.

Next, I will tell you why I think Bitox is a company UNSAFE AND UNRELIABLE. BE VERY CAREFUL WITH HER!


ℹ️ BROKER DATA:

I would like to emphasize two things: (1) the first is the regulation and (2) the second is the location of the company. Both are fundamental data to evaluate the seriousness and reliability of a company.

Is the company unregulated or regulated by a country with little credibility? Is the company located in a non-serious place or does it not mention its location? These are questions that every investor should ask themselves to evaluate the trustworthiness of the company.

InformationAbout the company
Company typetrading broker for stocks, ETFs, funds, bonds, options and futures, forex CFDs, stocks, raw materials and indices and cryptocurrencies
(I.e. CompanyNot mentioned
???? AddressNot mentioned
🕑 Website ageYour registration date was: May 13, 2024 (very recent)
🛡️ RegulapainNot mentioned
📄 RegistrationNot mentioned
🌐 Websitebitox.co
📧 Email[email protected]
️ ️ Phone+442045485690
???? Live ChatNo
💳 Payment methodsCredit card, cryptocurrencies, Visa, Mastercard

📞 LIST OF PHONE NUMBERS:

+442045485690


💰 DEPOSITS AND ACCOUNTS:

Here is a brief analysis of the types of plans/accounts available at Bitox; They are distributed in 6 categories. Below is a table with information on the minimum deposits for each type of account.

TYPE OF plans/accountsMINIMUM INITIAL DEPOSIT
STANDARD $10000
BRONZE$25000
SILBER$50000
GOLD$100000
VIP$250000
PRO$1000000

🌐 WEBSITE – WEBSITE:

Below you will see the company's website and a small analysis about the website:

Bitox website

  • The domain “bitox.co” was registered on May 13, 2024, which shows that the website is relatively new and not very old. 🚩
  • The website does not provide information about the property, which indicates a lack of transparency in critical data. 🚩
  • As I mentioned previously, the company makes no mention of being under regulation, which suggests to me that it could be an unregulated company. 🚩

⭐ POINT OF VIEW ON Bitox:

After having carried out an analysis of the company, I have come to the following conclusions:

1) The location of the company is not specified. Here I can see a very clear lack of transparency in crucial information that should be known to correctly evaluate the security of the company.

2) There is no mention of any regulation by the company or details about its regulatory status. Therefore, it appears to be an UNREGULATED company.

3) I think the company has very little seniority or history. As I mentioned, I was able to check that the domain “bitox.co” was registered on May 13, 2024. It is very recent.

4) The company has a very bad reputation on the internet, I have already been able to find customer complaints.

5) The company has been singled out by financial regulators such as BaFin, Federal Superintendency of Financial Supervision. This underlines that it is a high-risk undertaking; caution is recommended.

“Personally, I would not be willing to invest in this type of company: it is not regulated. It does not mention which company it belongs to. From my perspective, I cannot recommend such a company.”


💬 WHAT TO THINK ABOUT A COMPANY LIKE Bitox?:

Bitox is an investment broker whose reliability y transparency are seriously questioned. The Dominion "bitox.co” was recorded on May 13th 2024, indicating that Bitox is a website relatively new and with little antiquity in the market. This lack of track record may raise doubts about your stability y credibility long-term. Furthermore, the website does not provide information about the your property of the company, which denotes a lack of transparency on critical data, making it difficult to evaluate the legitimacy y management Of the entity.

The absence of information about the physical location Bitox is another worrying sign of lack of transparency. The company also does not mention any regulation nor details about his regulatory status, suggesting that it operates without the supervision of official bodies. This lack of regulation is a factor significant risk for investors, since there are no guarantees that the company complies with regulations and standards of financial protection. Furthermore, the negative reputation of Bitox online, evidenced by numerous complaints of customers, further exacerbates concerns about their reliability.

In summary, Bitox is an investment broker with serious problems of transparency y regulation. On short trajectory, the lack of details about the your property and absence of regulation official raise serious doubts about its reliability. The warnings de financial regulators such as BaFin underline the need to exercise extreme caution when considering any type of business relationship with this entity, as it presents high risks for invested funds and financial security of investors.


📣 LATEST UPDATES:

1) Update June 2024: la BaFin, Federal Superintendency of Financial Supervision, has denounced Bitox.


✔️ START CLAIM PROCESS AGAINST Bitox:

If you have been scammed, then I explain, in my opinion, one of the most effective methods to recover capital. If you do it on time and with a serious company, it is highly effective.

We work with a capital recovery service. here you can start recovering your money.

In a few words, we use the chargeback method or capital withdrawal, with this method what we do is ask the bank or Visa, or Mastercard (depending on how we send the money), to return our capital, since we have been scammed. In order to recover it, we have to prove that we have indeed been scammed.

Claim your money now!

If you have been scammed, it is the option that I recommend, we work with a totally serious and safe capital recovery company.


🚨FILE A COMPLAINT AGAINST Bitox:

If you have been scammed by this company and you want to report it, I think the best option is to contact the financial regulator of the country where you live. Report what happened to the regulator. Here are some examples of financial regulators by country:

🇦🇷 Argentina: the financial regulator is CNV, here you can get in touch

🇧🇷 Brazil: the financial regulator is CVM, here you can get in touch

🇨🇱 Chile: the financial regulator is CFM, here you can get in touch

🇨🇴 Colombia: the financial regulator is the Financial Superintendence, here you can get in touch

🇪🇨 Ecuador: the financial regulator is SUPERINTENDENCE OF BANKS, here you can get in touch

🇪🇸 Spain: the financial regulator is CNMV, here you can get in touch

🇺🇸 United States: the financial regulator is FINRA, here you can get in touch

🇮🇹 Italy: the financial regulator is CONSOB, here you can get in touch

🇲🇽 Mexico: the financial regulator is CNBV, here you can get in touch

🇵🇪 Peru: the financial regulator is SBS, here you can get in touch

If your country is not on the list, leave a comment and I will gladly help you!


❓ FAQS – FREQUENTLY ASKED QUESTIONS:

What is Bitox all about?

Bitox is an investment broker in trading stocks, ETFs, funds, bonds, options and futures, forex CFDs, shares, commodities and indices and cryptocurrencies.

Is Bitox a scam or fraud?

From my perspective, Bitox is definitely a scam. The basis for this claim is the company's multiple worrying signals, including unfavorable reports and unclear trading methods mentioned by users and market professionals. It is crucial to avoid getting involved with this entity to avoid possible financial losses and legal problems.

Is Bitox safe?

From my personal experience, Bitox is not a company I would trust at all. I see multiple warning signs pointing to a lack of transparency and security. I recommend exercising extreme caution before considering any type of business relationship with this entity, given the potential significant risks for investors and clients.

What steps should I follow to recover money from Bitox?

If you have been the victim of a scam or lost money, it may be helpful to seek help from a capital recovery service.

Which broker is reliable to invest in?

If you are looking for a safe and reliable company, I invite you to consult andThe ranking of the best brokers and also check the 3 best brokers of the month.


Eduardo Lopez

Editor and Copywriter

I am Eduardo López Martínez, I was born in Madrid, Spain and I am 48 years old. I am a journalist and I am part of the Brokersdeforexconfiables.com team. Do you want to know a little more about me? I invite you to read my biography.

See publications of Eduardo López

Review rating: 5/5 - (127 votes)

2 comments on «IS Bitox RELIABLE? OPINIONS»

  1. cheated Reply

    This company is a fraud. I swear, they haven't let me withdraw, don't do it, listen to me.

    • reliableforexbroker.com Reply

      Hello scammed, Bitox is a SCAM, we are receiving many complaints from investors, they do not return the money, they should never invest in a broker without REGULATION.

      They create positive comments of their own to confuse investors and pose as a serious and legal company but everything is invented and if you mention our review they say that we are the competition and that is not true (we only do reviews of brokers).

      When you request a withdrawal of capital or benefits, if they make excuses and force you to pay commissions or another type of ransom, you will know that they are scamming you, do not fall into that trap, those commissions are not real, they try to take more money from you.

      If you want to recover the money you can do it from the CHAT on our website or by filling out the form at this link: Get your money back, we are with you

      Greetings.

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