✔️ Information reviewed and updated in March 2024 by Eduardo López

IS BTrade RELIABLE? OPINIONS

In this post I will analyze BTrade. Is it the Cryptocurrencies and Stocks broker BTrade (with btrade.net website) really reliable? Is it safe to invest your money with this company? I will examine this company in detail.

I will explain to you why I think BTrade is an UNSAFE company AND I CONSIDER IT TO BE UNRELIABLE. BE CAREFUL WITH THIS KIND OF COMPANIES!


ℹ️ BROKER DATA:

Here are two things that I would like to highlight, (1) the first thing that is important to know is about its regulation and (2) the second is the location of the company. These are two data of vital importance to be able to measure the seriousness and reliability of a company.

Does the company have no regulation or is it regulated by an unserious country? Is the company located in an unreliable place or does it not mention where it is located? These are questions that every investor should ask about the reliability of the company.

InformationAbout the company
(I.e. CompanyMentions being part of WSYM
Technology LLC
???? AddressMentions being located in Saint Vincent and the Grenadines
📄 RegistrationNot mentioned
🛡️ RegulapainMentions being regulated in MISA, Mwali International Services Authority
️ ️ Phone number+447897074201
📧 Email Address[email protected]
🌐 Websitebtrade.net
???? Live ChatYes
💳 Payment methodsNot mentioned
Company typeCryptocurrency and Stock Broker

📞 LIST OF PHONE NUMBERS:

+447897074201


💰 DEPOSITS AND ACCOUNTS:

BTrade does not offer different types of accounts.


🌐 WEBSITE – WEBSITE:

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

BTrade website
  • Age of the website: the domain “btrade.net” was registered on June 27, 2021. That is, it is a website that is not very old. 🚩
  • The website mentions which company it belongs to, but I have not been able to find “WSYM Technology LLC” in the company records. I think it may be a fake company. 🚩
  • The company mentions being regulated in Mwali, but I believe this information is false. They try to pass themselves off as a regulated company. 🚩

⭐ BTrade OPINION:

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

1)The company is located in an unsafe place such as Saint Vincent and the Grenadines.

2) The company mentions being regulated by a very unsafe regulator such as Mwali.

3) I think the company has very little seniority or history. As I mentioned, I was able to check that the domain “btrade.net” was registered on June 27, 2021. 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 reported by the following financial regulators: CNMV, National Securities Market Commission. It is a very unsafe company, be careful.

“To be honest with you, I would not invest in this type of company: it is regulated in Mwali (very unsafe regulation). He mentions belonging to a company WSYM Technology LLC which apparently is a fake company. I honestly cannot recommend a company of this type.”


💬 WHAT TO THINK OF A COMPANY LIKE BTrade?:

BTrade presents itself as a broker that proclaims security and regulation, but a closer analysis reveals a series of red alerts that generate concern. Firstly, the unsafe location in San Vicente y las Grenadines is a cause for concern, as this jurisdiction is not always known for its rigorous regulatory standards. Choosing a location that does not inspire trust may raise questions about the integrity and transparency of BTrade operations.

Furthermore, the regulation in Mwali, which is perceived as unsafe, adds an additional layer of concern. The lack of a robust regulatory framework can expose investors to significant risks, as regulation plays a crucial role in protecting clients' interests and ensuring ethical business practices.

La complaint by the regulator CNMV, the National Securities Market Commission, contributes to the growing list of concerns associated with BTrade. Complaints from recognized regulators should be taken seriously as they indicate possible irregularities or non-compliance with regulations. This complaint adds an additional element of risk that investors should take into account when evaluating the reliability of the platform.


📣 LATEST UPDATES:

1) Update December 2023: la CNMV, National Securities Market Commission, has denounced BTrade.


✔️ CLAIM MONEY FROM BTrade:

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 recover your capital.

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.


🚨 REPORT BTrade:

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 BTrade?

BTrade is an investment broker in Cryptocurrencies and Stocks. Investment educational resources are also offered.

Is BTrade a scam – is it a scam?

In my opinion it is, I think it's a scam. Taking into account different characteristics of this company, I must qualify it as a very bad and very unsafe one.

Is BTrade reliable?

BTrade is a company that I consider NOT RELIABLE. It has characteristics that make it a very unsafe company: be very careful.

How to get money back from BTrade?

If you have lost your money or been scammed, I recommend you try the capital recovery service.

Which broker is reliable to invest?

If you want to know a safe and reliable company, I invite you to see the ranking of best brokers and you can 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 - (363 votes)

2 comments on «IS BTrade RELIABLE? OPINIONS»

  1. Mason Reply

    This broker is NOT RELIABLE. I assure you, I can't recover my investment, don't fall into the trap, I know you'll thank me.

    • reliableforexbroker.com Reply

      Hello Mason, BTrade 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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