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BITmarkets -

Score

0 1 2 3 4 5 6 7 8 9
.
0 1 2 3 4 5 6 7 8 9
0 1 2 3 4 5 6 7 8 9
/10

BITmarkets

Australia | 2-5 years |
Suspicious Regulatory License | High potential risk

https://bitmarkets.com/

Website
Open Account Time Machine

Rating Index

Influence

Influence

B

Influence index NO.1

Czech Republic 3.41
Surpassed 13.20% brokers
Biz Area Search Statistics Advertising Social Media Index

Contact

+44 20 4579 5923
support@bitmarkets.com
https://bitmarkets.com/

Licenses

No valid regulatory information, please be aware of the risk!

Warning: Low score, please stay away!
2025-09-06
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
2

Basic Information

Registered Region
Australia
Operating Period
2-5 years
Company Name
BITmarkets
Customer Service Email Address
support@bitmarkets.com
Contact Number
+442045795923
Company Website
https://bitmarkets.com/
Biz Area
Website
Genealogy
Relevant Enterprises
Company Summary
Wiki Q&A
Comment

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Website

bitmarkets.com
172.67.8.35
Server Location
United States
ICP registration
--
Most visited countries/areas
--
Domain Effective Date
--
Website
--
Company
--

Genealogy

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Relevant Enterprises

FLYING MONEY PTY LTD(Australia)
Deregistered
Australia
Registration No. 620381464
Established 2023-05-07
Related sources Website Announcement

Company Summary

BITmarkets Review Summary
Founded2010
Registered Country/RegionAustralia
RegulationNo regulation
Market InstrumentCryptocurrencies
Demo Account/
Trading PlatformBIT markets App
Customer Support24/7 multilingual support
Phone: +44 20 4579 5923
Email: support@bitmarkets.com

BITmarkets Information

BITmarkets, founded in 2010, is an unregulated brokerage registered in Australia. It specizlizes in crypto trading via BIT markets App.

BITmarkets' homepage

Pros and Cons

Pros Cons
24/7 multilingual supportUnregulated status
Limited trading markets
No MT4/MT5
No popular payment methods
Deposit and withdrawal fees charged

Is BITmarkets Legit?

BITmarkets is unregulated, which means traders should be more careful when trading through BITmarkets.

No license

What Can I Trade on BITmarkets?

BITmarkets offers traders the opportunity to trade more than 200 types of cryptocurrencies.

Trading InstrumentsSupported
Cryptocurrencies✔
Forex❌
Commodities❌
Indices❌
Stocks❌
Cryptocurrencies❌
Bonds❌
Options❌
ETFs❌
What Can I Trade on BITmarkets?

BITmarkets Fees

BITmarkets is launching Tiered trading fee discounts. Their active users will be rewarded for their underlying support. VIP clients can get discounts automatically by meeting any one of the below-listed requirements to reach a specific tier level and enjoy the corresponding trading fees.

VIP LevelMakerTaker30-day Spot Trading Volume (USD)Maker (BTMT 20% off)Taker (BTMT 20% off)BTMT Holding in USD
General User0.160.1800.1280.144≥2,500
VIP 10.120.14≥250,0000.0960.112≥10,000
VIP 20.080.11≥1,000,0000.0640.088≥50,000
VIP 30.050.08≥10,000,0000.040.064≥100,000
VIP 40.030.06≥100,000,0000.0240.048≥250,000
VIP 50.020.04≥500,000,0000.0160.032≥500,000
VIP 60.010.02≥1,000,000,0000.0080.016≥1,000,000

Trading Platform

BITmarkets' trading platform is BIT markets App, which supports traders on Android and iOS.

Trading PlatformSupported Available Devices Suitable for
BIT markets App✔Mobile/
MT4×/Beginners
MT5×/Experienced traders
BIT markets App

Deposit and Withdrawal

NetworkCurrencyMin DepositMax DepositDeposit FeeMin WithdrawalWithdrawal Fee
SWIFTEUREUR 30/EUR 30EUR 100EUR 10 + 2.5%
SEPAEUREUR 20/EUR 10 + 0.25%EUR 100EUR 10 + 2.5%
EUREUR 30/FREEEUR 100EUR 10 + 2.5%
RupeePayINR₹500₹30,0007%/6.50%
deluxepay365₹ 8,000₹1,000,0005%/3.75%
growpayments₹ 8,000₹1,000,0005%/3.50%
VNPAYIDRRp 350,000Rp 500,000,0005%/1.50%
MYRRM 10RM 50,0005%/1.50%
VNDVND 100,000VND 1,000,000,0005%/1.50%

Keywords

  • 2-5 years
  • Suspicious Regulatory License
  • High potential risk

Wiki Q&A

Yousef47
Within 1 year

What is the minimum deposit at BITmarkets?

WikiFX Reply
BITmarkets offers a minimum deposit depending on the payment method, such as EUR 30 for SWIFT deposits, INR 500 for RupeePay, and RM 10 for MYR deposits.
Broker Issues
BITmarkets
Deposit
Withdrawal
07-24
United States
WoodCrusher
Within 1 year

Is BITmarkets a legitimate broker?

WikiFX Reply
While BITmarkets is a legitimate broker offering cryptocurrency trading, its unregulated status raises concerns about the safety of users' funds. The lack of regulation means that there are no official safeguards in place to protect traders.
Broker Issues
BITmarkets
Regulation
07-22
United States
Nagarjuna
Within 1 year

What trading platform does BITmarkets use?

WikiFX Reply
BITmarkets uses the BIT markets App for trading, which is available on mobile devices (Android and iOS). The platform is suitable for cryptocurrency traders but does not support MT4 or MT5, which are more common among forex traders.
Broker Issues
BITmarkets
Instruments
Platform
Leverage
Account
07-09
United States
helpneeded
Within 1 year

Is BITmarkets regulated?

WikiFX Reply
No, BITmarkets is unregulated, which means it lacks official oversight from regulatory authorities. Traders should exercise caution when using this platform due to the risks associated with trading on an unregulated broker.
Broker Issues
BITmarkets
Regulation
06-29
United States
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