Brokers  /  BITSOFX

BITSOFX

High risk
🇺🇸 United States · 1-2 years · since 2025-01-23 · Bitsofx
Unregulated
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51
High risk
Scam Risk Scoremonitored · 2026-07-05
Lower riskHigher risk
  • No verified regulatory license on file
  • Recently established — about 17 months old
How this score is calculated — view the open algorithm

A transparent weighted score from objective public data — each factor scored 0–100 (higher = riskier), combined by the weights below.

FactorScoreWeight
Regulation & licensing8535%
Company age7215%
Clone / impersonation012%
Withdrawal & exposure complaints012%
Offshore registration108%
Transparency (site/info/social)5310%
Real-user sentiment508%

Based on public regulatory records, industry databases and independent reviews (Trustpilot, Forex Peace Army). Exit Risk reflects recent negative momentum in real reviews. A risk estimate from public data, not a definitive legal judgment; brokers may request a correction.

Company
Legal nameBitsofx
Headquarters🇺🇸 United States
Founded2025-01-23
Years operating1-2 years
Employees0
Official websitebitsofx.com
Trading conditions
Avg execution speed0 ms
Avg slippage0
Swap rating
Trading cost rating
Monitored traders0
Monitored orders0
Funding & instruments
Deposit methods · --
Withdrawal methods · --
Instruments--
Registered address
14 Wall St, New York, NY 10005, United States

Regulation & licenses · 0

No valid regulatory license found — high caution advised.

Account types · 4

AccountMax leverageMin. depositMin. spreadCommissionEA
STOCK & CRYPTO--$50001.00----
GOLD(METAL)--$20001.00----
OIL & GAS--$5001.00----
FOREX--$100.00----

Review analysis AI

Rating mismatch — Industry-tracker scores run far lower than real users do (gap -2.25)

Across 1 recent Trustpilot reviews, 0% are 1–2 star.

0
Period:
What users praise
Where reviewers are from
🇨🇦 CA1

Real user reviews

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About BITSOFX

BITSOFX is a forex and CFD broker based in United States, with records dating to 2025-01-23. Critically, we could not verify any active forex-trading license for this broker.

FXCanary’s verdict is “Elevated.” There are enough red flags that we’d urge caution before depositing.

On Trustpilot, BITSOFX holds a real-user score of 2.9/5 across 3 reviews.

Overview compiled by FXCanary from regulatory records and public data. full BITSOFX review