Bitsoft 360 Review: Unveiling the Truth Behind CFDs and Real Cryptos

Bitsoft 360 Review – Is it Scam? – CFDs and Real Cryptos

Introduction

Bitsoft 360 is a trading platform that offers CFD (Contract for Difference) trading and real cryptocurrency trading. It is designed to provide traders with an easy and efficient way to trade various financial instruments, including cryptocurrencies, stocks, forex, and more. In this review, we will take a closer look at Bitsoft 360 and its features, services, fees, and security measures to help you determine whether it is a reliable platform or not.

Bitsoft 360: Company Profile

History of Bitsoft 360

Bitsoft 360 was founded in 2018 as a cryptocurrency trading platform. It has since expanded its services to include CFD trading and other financial instruments.

Company ownership and registration

Bitsoft 360 is owned and operated by Bitsoft Ltd, a company registered in St. Vincent and the Grenadines.

Licenses and regulations

Bitsoft 360 is not currently regulated by any financial regulatory authority. However, it claims to follow strict KYC (Know Your Customer) and AML (Anti-Money Laundering) policies to ensure compliance with international laws and regulations.

Company location and contact information

Bitsoft 360 is located at Suite 305, Griffith Corporate Centre, Beachmont, Kingstown, St. Vincent and the Grenadines. You can contact them via email at support@bitsoft360.com or through their website's live chat support.

Bitsoft 360 Services

Trading instruments offered

Bitsoft 360 offers a wide range of trading instruments, including cryptocurrencies, stocks, forex, commodities, and indices.

CFD trading

Bitsoft 360 offers CFD trading, which allows traders to speculate on the price movements of various financial instruments without owning them. CFDs are leveraged products, which means that traders can magnify their gains or losses.

Cryptocurrency trading

Bitsoft 360 offers real cryptocurrency trading, which means that traders can buy and sell actual cryptocurrencies such as Bitcoin, Ethereum, and more.

Trading platforms

Bitsoft 360 offers two trading platforms: a web-based platform and a mobile app. Both platforms are easy to use and offer various trading tools and indicators.

Account types and features

Bitsoft 360 offers three account types: Basic, Silver, and Gold. Each account type comes with different features and benefits, such as higher leverage, lower spreads, and more.

Fees and commissions

Bitsoft 360 charges various fees and commissions, including spreads, overnight financing fees, withdrawal fees, and more. The fees and commissions vary depending on the trading instrument, account type, and other factors.

Bitsoft 360 Trading Platform

Platform features and functionalities

Bitsoft 360's trading platform is user-friendly and offers various features and functionalities, including real-time quotes, trading charts, advanced order types, and more.

Ease of use

Bitsoft 360's trading platform is easy to use and navigate, even for beginners.

Trading tools and indicators

Bitsoft 360's trading platform offers various trading tools and indicators, including technical analysis tools, economic calendars, and more.

Mobile trading experience

Bitsoft 360's mobile app offers a seamless trading experience and allows traders to access their accounts and trade on-the-go.

Compatibility with different devices

Bitsoft 360's trading platform is compatible with various devices, including desktops, laptops, smartphones, and tablets.

Bitsoft 360 Account Opening Process

Account registration requirements

To open an account with Bitsoft 360, you need to provide your personal information, such as your name, email address, and phone number.

Verification process

Bitsoft 360 requires all traders to undergo a verification process to ensure compliance with KYC and AML policies.

Account funding options

Bitsoft 360 accepts various funding options, including bank transfers, credit/debit cards, and e-wallets.

Account security measures

Bitsoft 360 employs various security measures to protect traders' accounts and funds, including SSL encryption, two-factor authentication, and more.

Bitsoft 360 Customer Support

Support channels available

Bitsoft 360 offers various support channels, including email, live chat, and phone support.

Quality of customer service

Bitsoft 360's customer service is responsive and helpful, according to users' feedback.

Response time and issue resolution

Bitsoft 360's customer service responds promptly to inquiries and resolves issues efficiently.

Multilingual support

Bitsoft 360 offers multilingual support in various languages, including English, Spanish, German, and more.

Bitsoft 360 Education and Resources

Educational materials provided

Bitsoft 360 offers various educational materials, including trading guides, tutorials, and webinars.

Trading guides and tutorials

Bitsoft 360's trading guides and tutorials cover various topics, including trading strategies, technical analysis, and more.

Market analysis and insights

Bitsoft 360 provides market analysis and insights to help traders make informed trading decisions.

Trading signals and alerts

Bitsoft 360 offers trading signals and alerts to help traders identify profitable trading opportunities.

Bitsoft 360 Pros and Cons

Advantages of using Bitsoft 360

User-friendly trading platform
Wide range of trading instruments
Real cryptocurrency trading
Various account types with different features and benefits
Responsive customer service
Multilingual support

Disadvantages of using Bitsoft 360

Not regulated by any financial regulatory authority
Charges various fees and commissions
Limited educational resources compared to other trading platforms

Comparison with other trading platforms

Bitsoft 360 is a reliable trading platform that offers various trading instruments and features. However, it is not regulated by any financial regulatory authority, and its educational resources are relatively limited compared to other trading platforms.

Bitsoft 360 Safety and Security

Security measures for client funds

Bitsoft 360 employs various security measures to protect clients' funds, including segregated accounts, SSL encryption, and two-factor authentication.

Data protection measures

Bitsoft 360 employs various data protection measures, including SSL encryption, to protect clients' personal and financial information.

Anti-fraud measures

Bitsoft 360 employs various anti-fraud measures, including KYC and AML policies, to prevent fraud and money laundering.

SSL encryption

Bitsoft 360's website and trading platform are secured with SSL encryption to protect users' data and transactions.

Bitsoft 360 Review: Final Verdict

Overall, Bitsoft 360 is a reliable trading platform that offers various trading instruments and features. However, it is not regulated by any financial regulatory authority, and its fees and commissions can be relatively high. If you are looking for a trading platform that offers real cryptocurrency trading and responsive customer service, Bitsoft 360 is worth considering.

FAQs

What are CFDs and how do they work?

A CFD (Contract for Difference) is a financial contract that allows traders to speculate on the price movements of various financial instruments without owning them. CFDs are leveraged products, which means that traders can magnify their gains or losses.

What are cryptocurrencies and how do they differ from fiat currencies?

Cryptocurrencies are digital assets that use cryptography to secure their transactions and control the creation of new units. They differ from fiat currencies in that they are decentralized, meaning that they are not controlled by any central authority.

Is Bitsoft 360 a regulated company?

Bitsoft 360 is not currently regulated by any financial regulatory authority.

What trading instruments are available on Bitsoft 360?

Bitsoft 360 offers a wide range of trading instruments, including cryptocurrencies, stocks, forex, commodities, and indices.

What trading platforms does Bitsoft 360 offer?

Bitsoft 360 offers two trading platforms: a web-based platform and a mobile app.

How can I open an account with Bitsoft 360?

To open an account with Bitsoft 360, you need to provide your personal information and undergo a verification process.

What are the fees and commissions on Bitsoft 360?

How can I contact Bitsoft 360 customer support?

You can contact Bitsoft 360 customer support via email, live chat, or phone.

What educational resources are available on Bitsoft 360?

Bitsoft 360 offers various educational resources, including trading guides, tutorials, and webinars.

Is Bitsoft 360 safe and secure for trading?

Bitsoft 360 employs various security measures, including SSL encryption, segregated accounts, and two-factor authentication, to protect users' data and transactions. However, it is not regulated by any financial regulatory authority.