Bitex Review 2022 - Scams Report

Please read this Bitex review before investing. Your investments/funds may not be secured if you are trading with this broker.

Website –

Official Address – NA

Warned by regulating authority – Not Recommended By Review Website Like Scams Report

Bitex Review: Introduction

Bitex is an online trading broker that claims to be one of the fastest-growing regions in the world. It is a digital currency exchange founded in the year 2018. The website of the company is found at They can be contacted by email at Other details about this broker are missing, like contact number, owner’s name, and regulated license.

They also claim that they are a leading Cryptocurrency wallet and trading platform and offer several digital assets like Bitcoin, Ethereum, Ripple, Litecoin, Bitcoin Cash, and many more. But never believe in their claims easily. Read a complete Bitex review to learn more about this broker. 

Bitex Review: Regulated License

Checking the regulated license of a broker is significant if you are looking for a trading platform. It shows whether a broker is qualified or not providing the trading services in their country. If the broker doesn’t have a regulated license from a central authority, that means they may be a scam broker. Bitex does not mention the details about its regulated certifications on its website. They also hide the necessary details which include the owner’s name and contact details.

The Financial and Consumer Services Commission (FCNB) has aware the trader that this broker is not registered in New Brunswick to provide trading services. It appears to be operating out of India. Trading with an unregulated broker is always having a risk, so it’s better to avoid these offshore and unregulated brokers.

How does the Bitex scam work?   

If you are looking for a trading platform, implies you are an easy target for fraudsters. To begin with, they can reach you through different mediums like web-based advertisements, social media, calls, or email. After that, they ask you to invest with them with an initial deposit. If once you invest money with them, they insist you deposit more money for investment. Later you will realize that they are scam brokers, and you are a victim of a cryptocurrency scam. We advise you never to share your details without checking the regulated certifications of a broker. 

Customer Reviews and Ratings

If you search on the web, you will get many negative Bitex reviews. After reading all the negative and positive Bitex reviews, we found that this broker might be involved in Forex Scams, Cryptocurrency Scams, and Investment Scams. To avoid these scams, the Scamsreport provides a scam brokers list of 2022 on our website.  

How can I recover money from a scammer?

If you are a victim of cryptocurrency scams, forex scams, or other scams, you can file a chargeback for fund recovery. Fill out a complaint form on our website. Our experts will provide you a free consultation, and we will guide you in the process of fund recovery. 

Bitex Review: Conclusion

Scamsreport always advises staying away from an offshore and unregulated broker. Trading can be beneficial with a genuine broker, but Bitex isn’t the one. Keep your funds safe and save rather than lose them to a scam broker involved in Forex Scams, Cryptocurrency Scams, Investment Scams, etc.

We have more than 10 years of experience in the field of funds recovery services from all types of scams like Forex trading scams, Binary Trading Scams, Cryptocurrency scams, Online Scams, Investment Scams and all other financial scams. Scamsreport is a genuine recovery organization and deploy all modern methods to help the victims of scams.

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