✔️ Information reviewed and updated in April 2024 by Eduardo López
⭐ Opinions and information about the Btcadafx broker ⭐
¿Is the Btcadafx broker (aka btcadaforex.com) really trustworthy? ✅ Is it safe for you to invest your money with this company? ❎ Is Btcadafx reliable? ❎ In this section we will analyze the company and its reputation as such on the internet.
Do you want to give us a hand and help us with information about this company? We invite anyone who has experience with this company, to leave a comment with their experience and to give the company a score according to their experience with it. 
Let's start with the analysis:
✔️ What is Btcadafx? Btcadafx is a broker of: Forex and CFDs.
✔️ The broker mentions be part of: BTCADA Global Markets Limited (nonexistent).
✔️ Where is it based? Btcadafx is based on: it mentions being based in Hong Kong and the United Kingdom, but there is no information to corroborate this, so we believe that it is a false information.
✔️Is it a regulated broker? If we talk about regulation, the Btcadafx broker does not mention anything about being a regulated broker or its regulation.
❌ Actual location of company offices? We don't know yet, we appreciate someone (brave) giving us this information.
❌ Names of the actual owners? Still unknown, we appreciate any information.
We will continue to analyze the different account types that Btcadafx offers. In the case of Btcadafx we did not find information that indicates the existence of different types of account.
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🔸 The platform used to trade is: MT5 platform.
🔸 Now, yes, we will analyze the different resources and aids that the company provides to traders on its website: a little information about the products it offers, really not much more than this.
Btcadafx Features
What we like the most
- Modern investment platform.
- Low initial deposit.
What we like least
- Unregulated company.
- Little transparent company.
- Bad reputation | Many complaints.
- Very unsafe location.
- You will probably have problems withdrawing your money.
- In general, a very unsafe company.
Additional information about the company
🔸 Phone number: +44 7907401974
🔸 E-mail: [email protected]
🔸 Website: btcadaforex.com
🔸 Bonuses, promotions, offers: None by the moment
🔸 Clarification: If you think that our review is not correct, or you have a different opinion about this company, we invite you to leave a comment in this section - rating with your opinion.
⭐ Btcadafx valuation ⭐
☑️ With the information we have so far, the comments, evaluations and criticisms of users and traders, ⚠️ our opinion is that it seems like a broker with which we have to be careful ⚠️. We do not recommend it.
☑️ Why? Is a broker no regulation and further we do not know its true location, on the other hand, when looking for information and other evaluations about btcadafx find a lot of negative reviews and complaints, overall negative feedback.
(I.e. Is Btcadafx safe? How reliable is Btcadafx? ❎ We consider it to be an unsafe, unreliable company and we do not recommend it. ❎ Why? For the reasons mentioned above. Here you can read comments about Btcadafx.
❗ Update July 2021: SFC, Hong Kong Financial Regulator, has reported Btcadafx due to fraudulent activities.
🚫 Link to the warning 🚫 on the SFC official website.
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👇 User and trader score 👇
It is no coincidence that the SFC has warned them, they are great scammers. Be very careful.
Hi Peter, this broker named Btcadafx is a SCAM, the SFC (Hong Kong Financial Regulator) has denounced Btcadafx for fraudulent activities (See SFC link), it is not advisable to invest money in a NON-REGULATED broker. It's a SCAM and does not return money to its customers.
ALL positive comments from this broker are FALSE, they are made by their own workers to confuse investors, flood social networks with positive messages about them and it's all FALSE! and when customers ask them about our reviews they say we are from the competition, also FALSE !.
If they force you to pay some type of tax, legalization or something similar, do not even think about doing it, that indicates that they are a fraud since those taxes don't existThey ask for it so they can steal more money from you.
We recommend to all those affected recover the money from the CHAT what we have on the web or in the following link: Get your money back, we are on your side
Greetings.