Score
Bitreserve
United States|2-5 years| https://bitreserve.cc/
Website
Rating Index
Contact
Licenses
No valid regulatory information, please be aware of the risk!
Single Core
1G
40G
1M*ADSL
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
Basic information
United States
2-5 years Suspicious Regulatory License Suspicious Scope of Business High potential riskUsers who viewed Bitreserve also viewed..
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Website
bitreserve.cc
Server Location
United States
Website Domain Name
bitreserve.cc
Server IP
172.67.132.33
Company Summary
Note: Bitreserve' official website: https://bitreserve.cc/ is currently inaccessible normally.
| Bitreserve Review Summary | |
| Registered Country/Region | United States |
| Regulation | Unregulated |
| Market Instruments | / |
| Demo Account | ❌ |
| Leverage | 1:100 - 1:500 |
| EUR/ USD Spread | / |
| Trading Platforms | Web-based |
| Minimum Deposit | $250 |
| Customer Support | Phone and email |
Bitreserve, an unregulated entity registered in the United States. It lacks transparency, offers an inaccessible official website, and imposes substantial transaction fees and levies for withdrawals.
Pros and Cons
| Pros | Cons |
| None | Not regulated |
| Inaccessible website | |
| Transaction fees and levy for withdrawal imposed | |
| No MT4 or MT5 |
Is Bitreserve Legit?
Bitreserve operates without any regulatory oversight, lacks transparency with no physical address provided, and its official website is currently inaccessible. This combination of factors raises significant concerns about the legitimacy and safety of engaging with this entity.
Leverage
Bitreserve offers the maximum leverage from 1:100 to 1:500.
Trading Platform
Bitreserve provides a web-based trading platform, but it falls short in several areas compared to the industry-standard Metatrader 4, particularly regarding automated trading capabilities. This absence of important features often found in established trading platforms can be a major drawback for traders seeking advanced trading tools and functionalities.
Deposit and Withdrawal
Bitreserve allows deposits via credit cards and wire transfers but imposes transaction fees on withdrawals. Even if you meet the 200 times turnover requirement to avoid the additional 10% levy, youll still face a minimum withdrawal charge of $35. The fees vary by withdrawal method: $50 for wire transfers, $25 for credit cards, and $25 for ePayments, with an extra processing fee of $10, €7, or £5 for credit cards and ePayments. Additionally, accounts with less than 200 in turnover are subject to a 10% levy on withdrawals.
Customer Service
| Contact Options | Details |
| Phone | +44 1276900021 |
| support@bitreserve.cc | |
| Contact Form | ❌ |
| Online Chat | ❌ |
| Social Media | ❌ |
| Supported Language | English |
| Website Language | ❌ |
The Bottom Line
Bitreserve is not a good choice to trade. It is not regulated. Their website is not available, causing blur trading conditions. Whats more, they charges unreasonable withdrawal fees. Therefore, traders had better find another broker who are regulated well.
FAQs
Is Bitreserve safe?
No. It has not regulated,
Is Bitreserve a good for beginners?
No. Their trading conditions are not transparent and safe.
What security measures does Bitreserve have in place to protect my funds and personal information?
No.
Keywords
- 2-5 years
- Suspicious Regulatory License
- Suspicious Scope of Business
- High potential risk
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