The “BytPix” project is presented as a regulated brokerage company and provider of financial services for traders worldwide since 2004. On the broker's website bytpix.org, which is available in several languages including Russian, it is stated that the organization is one of the fastest-growing online brokers due to its following core principles:
The legal address of the brokerage organization “BytPix” in India: Jains Carlton Creek Serilingampally Mandal, Rangareddy District, Hyderabad, Telangana, India, however, the address is incomplete and does not indicate a specific location. In a special section of the site, the broker's regulator is stated to be MISA, however, no confirmation of this is provided.
The main means of contact is the email address of technical support.
The trading intermediary offers its users to enter into trading agreements with stocks, indices, cryptocurrencies, currency pairs, and commodities. To start working with the broker, you need to register, log in to your personal account, select the appropriate type of trading account, and make the corresponding deposit.
To familiarize yourself with the spreads for each trading instrument, you can go to the special section of the web resource. Details about commission fees are not reported. To get acquainted with the trading terminal, you can use a demo account.
The brokerage organization offers its clients to use the trading platform they have created, which is available on desktop devices in a browser, or as a separately downloadable desktop application, as well as on mobile devices running iOS and Android.
The trading intermediary does not disclose details regarding methods of account funding and money withdrawal, limiting itself to logos of payment systems. Additional information may be obtained by registering and logging into the BytPix personal account, which can be done at the domain client.bytpix.org.
The brokerage company “BytPix” will find it difficult to climb to the top of the broker rankings due to limited data on trading conditions and methods of deposit and withdrawal. Additional doubts about the transparency and reliability of the broker's services may arise from the incomplete address and lack of proof of regulation by the body stated on the site. Therefore, before starting cooperation with this trading agent, it is advisable to study real reviews about BytPix from clients of the trading platform.
Is it possible that someone falls for such a scam?! They mentioned a regulator, but there is no evidence of it. Recently, I even came across some odd cases where the regulator was completely made up. In general, I agree with the recommendations of the commenter above, I do not recommend this broker—it's obviously a rip-off!!
I do not recommend dealing with the scammers from BitPix to anyone, it is most likely impossible to withdraw money from them, at least that's what my experience showed. I deposited money and traded, but when I wanted to withdraw the earned funds, it started showing some error and technical support is silent, if their email address is even real, which I doubt.
To leave a review, log into your account.
