Bit iPlex Codes Review – Is it Scam? – CFDs and Real Cryptos
Introduction
Cryptocurrency has become a popular investment option for traders worldwide. Bit iPlex Codes is a platform that offers CFDs and real cryptos for trading. In this review, we will explore the company's background, trading platforms, trading instruments, account types, customer support, regulation and security, trading psychology, and pros and cons of trading with Bit iPlex Codes.
Bit iPlex Codes – Company Background
Bit iPlex Codes was established in 2017 and has since served traders in more than 150 countries. The company aims to provide a secure and user-friendly trading experience to its clients. Bit iPlex Codes is owned by Bit iPlex Codes LTD, with its headquarters located in London, UK.
The company's founders have extensive experience in finance and technology. The management team comprises experts in the fields of trading, risk management, and customer support. Bit iPlex Codes is regulated by the Financial Conduct Authority (FCA) in the UK and the Cyprus Securities and Exchange Commission (CySEC) in Cyprus.
Bit iPlex Codes has won several awards for its services, including the Best Cryptocurrency Trading Platform at the Finance Magnates London Summit in 2018.
Trading Platforms
Bit iPlex Codes offers two trading platforms: MetaTrader 4 and its proprietary platform, Bit iPlex Codes WebTrader. MetaTrader 4 is a popular platform used by traders worldwide, while Bit iPlex Codes WebTrader offers a user-friendly interface with advanced trading tools.
Both platforms offer features such as customizable charts, technical analysis tools, and risk management tools. Bit iPlex Codes WebTrader also offers social trading, where traders can copy the trades of successful traders.
The mobile trading app is available for Android and iOS devices, allowing traders to access their accounts and trade on the go.
Trading Instruments
Bit iPlex Codes offers a range of CFDs and real cryptos for trading. CFDs are contracts that allow traders to speculate on the price movement of an underlying asset without owning the asset. Real cryptos, on the other hand, are actual digital currencies that can be bought and sold.
Bit iPlex Codes offers CFDs on forex, commodities, indices, stocks, and cryptocurrencies. Real cryptos available for trading include Bitcoin, Ethereum, Litecoin, and Ripple.
Trading conditions and fees vary depending on the asset traded. Bit iPlex Codes offers leverage of up to 1:30 for retail clients and up to 1:500 for professional clients. Margin requirements also vary depending on the asset.
The company provides market analysis tools and resources, including daily market analysis, trading signals, and economic calendars.
Account Types
Bit iPlex Codes offers three types of accounts: Standard, Gold, and Platinum. The Standard account requires a minimum deposit of $250, while the Gold and Platinum accounts require minimum deposits of $5,000 and $25,000, respectively.
The account opening process is straightforward, and traders can complete the process online. Account funding and withdrawals are also convenient, with several payment options available, including credit/debit cards, bank transfers, and e-wallets.
Account security is a priority for Bit iPlex Codes, and the company uses advanced encryption and security measures to protect customer data. Traders are also required to go through a verification process to ensure their identity.
Customer Support
Bit iPlex Codes offers 24/7 customer support through various channels, including email, phone, and live chat. The company supports several languages, including English, Spanish, French, German, Italian, Portuguese, and Arabic.
The company also provides additional resources and education, including webinars, video tutorials, and an extensive FAQ section.
Regulation and Security
Bit iPlex Codes is regulated by the FCA and the CySEC, ensuring compliance with international standards and guidelines. The company also adheres to strict anti-money laundering (AML) and know your customer (KYC) policies.
Bit iPlex Codes uses advanced encryption and security measures to protect customer data, and funds are held in segregated accounts to ensure their safety.
Trading Psychology
Trading psychology plays a crucial role in CFD and real crypto trading. Bit iPlex Codes offers resources to help traders manage their emotions and improve decision-making. The company provides educational materials on risk management, trading strategies, and market analysis.
Pros and Cons
Pros
- Regulated by FCA and CySEC
- User-friendly trading platforms
- Wide range of trading instruments
- Advanced market analysis tools
- 24/7 customer support
- Additional education and resources
Cons
- Inactivity fee after 90 days of no trading
- Limited real crypto options
Conclusion
Bit iPlex Codes offers a secure and user-friendly trading experience for both novice and experienced traders. The company's regulation and security measures ensure the safety of customer data and funds. The company offers a wide range of trading instruments, advanced market analysis tools, and 24/7 customer support. However, the company's limited real crypto options and inactivity fees may not be ideal for some traders.
FAQs
What is Bit iPlex Codes?
Bit iPlex Codes is a trading platform that offers CFDs and real cryptos for trading.
Is Bit iPlex Codes a scam?
No, Bit iPlex Codes is a regulated trading platform that adheres to international standards and guidelines.
What are CFDs and real cryptos?
CFDs are contracts that allow traders to speculate on the price movement of an underlying asset without owning the asset. Real cryptos are actual digital currencies that can be bought and sold.
What trading platforms does Bit iPlex Codes offer?
Bit iPlex Codes offers MetaTrader 4 and its proprietary platform, Bit iPlex Codes WebTrader.
What trading instruments are available on Bit iPlex Codes?
Bit iPlex Codes offers CFDs on forex, commodities, indices, stocks, and cryptocurrencies. Real cryptos available for trading include Bitcoin, Ethereum, Litecoin, and Ripple.
How do I open an account with Bit iPlex Codes?
Traders can open an account with Bit iPlex Codes by completing the process online.
What is the minimum deposit requirement on Bit iPlex Codes?
The minimum deposit requirement on Bit iPlex Codes varies depending on the account type, with the Standard account requiring a minimum deposit of $250.
What customer support channels are available on Bit iPlex Codes?
Bit iPlex Codes offers 24/7 customer support through various channels, including email, phone, and live chat.
Is Bit iPlex Codes regulated?
Yes, Bit iPlex Codes is regulated by the FCA and the CySEC.
What security measures are in place on Bit iPlex Codes?
Bit iPlex Codes uses advanced encryption and security measures to protect customer data, and funds are held in segregated accounts to ensure their safety.