WinBitX Review: Security Measures and Regulations
WinBitX Review: Security Measures and Regulations

The WinBitX website looks tremendous. There are a vast number of trading assets and a fantastic choice of trading platforms, including MT4 and MT5. The minimum deposit is $250, which can be considered a standard. However, we still did some deeper checks on the broker in our WinBitX review to figure out whether this particular one is worth your money.

Broker status: Unregulated
Regulated by: Unlicensed brokerage
Scammers Websites:
Owned by: N/A
Headquarters Country: N/A
Foundation year: N/A
Supported Platforms: MT4, MT5, web trader
Minimum Deposit: $250
Cryptocurrencies: Yes – BTC, ETH, XRP – total 11
Types of Assets: FX, commodities, indices, shares, cryptocurrencies, bonds, ETFs
Maximum Leverage: N/A
Free Demo Account: Yes
Accepts US clients: No

WinBitX Regulations and Security

After everything stated above, you would expect to see an address, company, registration number, and license. Something to point out you’re working with a legit company. However, none of these details are published on the WinBitX website. Unlike other scams, this company didn’t even try to defraud clients with a false registration. They left everything unanswered.

Since there’s no evidence of the headquarters or regulatory jurisdiction, we highly recommend avoiding WinBitX brokerage.

Fund Withdrawal Issues

Have you ever heard about an anonymous shady broker that pays the money out? Neither did we. Therefore, you can assume what kind of comments we’ve got from investors. Clients applied for a false ad, Bitcoin Profit, used by several other scam brands such as AroxCapital.

Once you fall for the pitch and invest any amount, the withdrawal will not be an option. The broker will suspend your account rather than pay what belongs to you.

Beware of the WinBitX scam and other brokers such as PKG GlobalBankDeFX, and Konano.

WinBitx Reviews

Traders Opinion

Well, here we’ve been surprised. At first glance, WinBitX reviews look amazing. The broker has a score of 4.4/5 on Trustpilot, better than some of the regulated companies. Once we’ve checked these reviews, we saw they’re most likely fake. All of them are from the UK, from people that have this one review written. Sounds a bit odd, right? Especially since we know that the broker operates all around the EU, Australia, and South Africa.

We found some honest reviews we’d like to show you.

“Winbitx is a platform to scam people. I deposited into my trading account and I try to withdraw my money back after reading bad reviews abt them on play store but my money was not refund uptil now. BEWARE OF WINBITX



How Does Online Trading Scam Work?

As mentioned, with WinBitX fraud, everything starts with the Bitcoin Profit ad. Clients are promised profit within a week if they only deposit a minimum of $250. Since the broker insists on crypto trading, you might be asked to deposit crypto as well, which we advise you to avoid.

After the initial deposit, some sort of account manager will come with more demand, selling you the story of an amazing investment opportunity. If you decide to go for it, you will transfer more funds to the broker.

Yet, once you want your money back, nobody will respond.

Scammed by WinBitX?

If you were scammed by WinBitX brokerage, let us know immediately. Our team of experts is ready to help you start the chargeback procedure.

But what is a chargeback?

This is a way to refund your card in case you have been scammed online. Our support team will explain the process after the evaluation of your particular case. Contact us now and bear in mind that the first consultation is free. Let’s get your money back!

What is WinBitx?

WinBitX is an online trading brokerage without a trading regulation.

Is WinBitx a scam?

WinBitX is a shady brokerage with no regulations or headquarters listed.

Is WinBitx regulated?

No, the broker has no regulations and hasn’t listed the owner, so that we couldn’t find the country of jurisdiction.

Unfortunately, many users start reading reviews only after falling victim to scams. We sincerely hope that you are not one of them!
However, if you're here because you suspect that your investment isn't in a safe place, know that you have the right to claim funds back!

Report a Fraud Case & Claim a Refund from Scammers

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