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Amid a worldwide pandemic, I wanted to earn a second income for my family. I had traded before in my early twenties but lost touch with it since I started a regular job. Now, more than ever, I felt the urge to invest some money and see it grow. For this, I had to do a lot of research to find a good and trustworthy broker online.
In the following two-week search of a broker, I came upon BitfinityFX, and it was a platform that offered me a lot of tools and features. I had to register, but I was very suspicious of this world of forex trading; nobody knows the truth about it.
Still, over time I learned that BitfinityFX is one of the most respected brokers in this market and has been around for a long time now. A nice feature they offer on their website is the live chat; it comes in very handy when you have a question about investments, trading or withdrawals.
Because I found this to be a really useful broker, I wanted to do a whole review on them to let the younger and newer kids know about how a broker should be, just like BitfinityFX.
In this review, we will take a look at BitfinityFX. I aim to determine what you can expect from the company and whether it is legit or a scam. I will also provide some information on their trading platform and methods of payment as well as how secure they are and how you can register an account with them.
What is BitfinityFX?
BitfinityFX is an international forex broker providing online trading services worldwide to private and institutional clients. The company has more than two years of experience in the industry. It covers all essential aspects, including 24/7 customer support, cutting-edge technology, a wide range of payment options and top-notch security.
Who is behind BitfinityFX?
BitfinityFX was founded by a group of highly experienced finance professionals who wanted to create an online platform that would allow them to simplify the whole trading process for private individuals and small companies. The company runs its development centre, which means it has full control over all aspects of its business.
What are its best features selling points?
Top-notch customer support
BitfinityFX has a dedicated customer support team available 24/7 to assist customers. The company provides support in English, but it can also be accessed in other languages upon request. I found the live chat on their website very helpful, so I am confident that they would provide support even beyond this.
Built-in educational system
One of the most important features offered by BitfinityFX is its educational centre. It includes a wide range of educational materials, video tutorials and articles that can help you learn how to trade simply and efficiently.
The company also has a section in its resources for beginners called ‘’Education Center’’ where you can find all the information about forex that you need. Through this section, you will have access to a lot of educational resources such as ‘’Forex Guides’’, ‘’FAQs on Forex Trading’’ etc.
I would like to say that BitfinityFX is one of the most mature and serious companies you can find online. The company has been around for some time now, so it’s not a fly by night broker. You can trust them because they offer great services with a lot of cool features.
The company also offers different webinars and education programs for your employees to learn about the whole forex trading business to increase their potential in this market.
Top-level technology
The company uses the latest high-end technology to ensure its customers can efficiently enjoy all of its services without any interruptions or issues. It has its development center, which means that it can constantly update and improve its platform in line with technological changes. I liked this a lot as it is important to use the latest technology if you want to be successful in this very competitive market.
There are some other advantages of using BitfinityFX, such as:
– Fair pricing policy for forex transactions
– No ‘’early close’’ options for traders
– Fast withdrawals via local bank transfers
– No limit on withdrawals
Great trading platform. You can easily log in to your account and start trading in just a few minutes.
Client support
BitfinityFX has a client support team for all of its users, and it is available through phone, email and live chat. The company also offers an FAQ section and a knowledge base to find answers to any questions or issues that might arise while using their services. I tested the live chat feature and found it to be very responsive. I was able to talk with one of their representatives in just a few minutes, who answered all my questions in detail.
To sum up, BitfinityFX is a trustworthy company I was able to trust as it has been around for some time now, and professional financial experts operate it. The company has a great educational system and offers all the tools you need to start trading efficiently. One of the main advantages is that you can use its services without any professional supervision, which can be very helpful when you are a beginner in this field.
I think it has a great competitive advantage because it offers very low commissions and spreads compared to other brokers in the industry.
Assets & Charting
The company offers a wide range of currency pairs, stock indexes and commodities. This means that you will have access to a wide range of markets to try your strategies on them and see which one is the most profitable for you. The charting section is great as you can use various tools such as ‘’advanced Fibonacci tools’’ to trade with high-profit margins.
I liked it the most because it offers a ‘’pip value calculator’’ which can help you calculate all your potential profits before you start trading. This feature could be very helpful for beginners who are new to the forex market. You can easily calculate how much money you could earn if you open a specific position.
They also offer a wide range of indicators and drawing tools so that you can use different strategies for any trading situation. The company has a very simple interface which is good for beginners as it makes the whole process easier and faster without complicating things too much.
It also has a ‘’simulator’’ that acts as a demo account to learn how to trade efficiently without using real money. You can use this feature to train your skills and see what mistakes you make when you start trading with real money. It is very helpful because I also used this feature many times when I was a beginner to see how it is done.
Its charting section is great as it offers almost everything you need to start trading and analyze the markets properly. I liked that they offer a demo account because it means that you can try your strategies first and see what works and what doesn’t before opening any position with real money.
What payment methods are accepted?
BitfinityFX offers a wide range of payment methods that you can use to deposit and withdraw funds. These include:
MasterCard, VISA, etc.
I tested the withdrawals and deposits on my demo account, and they worked flawlessly. The withdrawal was completed within a couple of hours which is pretty fast compared to other brokers I have tested.
Is BitfinityFX a scam?
The company has been around for some time now, so it’s not a fly by night broker. It’s a good broker, and you can trust it to be honest with you and not try to scam your deposits. I liked a lot this company, and I will continue using its services in the future.
What are the fees and commissions?
BitfinityFX does not charge any commission or fees on deposits or withdrawals. However, we recommend that you check with them for confirmation before you proceed to do anything since they might change their terms and conditions at any given moment in time.
My conclusion about BitfinityFX is that it’s a very good broker with a lot of advanced features. Its platform has been around for some time now, so it can be trusted to offer great trading conditions without any issues or concerns about your money being lost. The company follows strict rules when it comes to trading and deposit protection. The broker uses a segregated account to protect its customers for funds of traders’ accounts from operating capital.
I loved this feature because clients have full control over their money at all times.
There are some other great advantages of using BitfinityFX, which include:
- Fair pricing policy for forex transactions
- No ‘’early close’’ options for traders
- Fast withdrawals via local bank transfers
- No limit on withdrawals
I hope this review has helped you understand why I like this company and why it is one of the best in this industry. It’s worth giving it a shot if you look for a great company with low commissions and spreads.
Disclaimer: This review is written from my own experience and my self-knowledge only and this is not a recommendation.