BTI-ic Review – Funds Protection Their Least Priority

This broker is allegedly Swiss-based. However, Swiss is known country for its strict rules and regulations. They wouldn’t be one of the highest standard countries if they don’t follow those.

In fact, that’s exactly what shady brokers like BTI-ic are using as a potential advantage over inexperienced traders. Read this BTI-ic review carefully to avoid similar scenarios in the future.

BTI-ic Review – Funds Protection Their Least Priority

This broker is allegedly Swiss-based. However, Swiss is known country for its strict rules and regulations. They wouldn’t be one of the highest standard countries if they don’t follow those.

In fact, that’s exactly what shady brokers like BTI-ic are using as a potential advantage over inexperienced traders. Read this BTI-ic review carefully to avoid similar scenarios in the future.

Some general words about Broker

In general, you can’t expect much from a company that is already on the warning list. BTI-ic is under ownerhip of Bawerk Trading & Investment AG. This company was allegedly operating from Zurich.

Yet, there are very few contact details revealed by the company. Thus, those were fake as the whole company.

Keep your money safe and read our reviews of AcuityTradesFX, AE Global Link and Capital X Tend to see what tactics brokers are using to attract traders.

Regulation info

Primarily, we are always checking domestic regulations. In this case, it would come from trusted FINMA. However, they are not on their list of licensed brokers. Instead, they end up on a warning list. On top of that, they provide trading services to traders from:

• United Kingdom
• Canada
• Lithuania

Yet, there are nowhere licenses from those regulators to be seen. But primarily not from FCA and IIROC. Instead, the company got a warning from the FCA as well.

BTI-ic Profile

In general, the offer is nothing spectacular. With proprietary web trader and cheesy trading conditions, the broker can’t compare with others.

On top of that, the broker is not transparent in terms of commission and fees. Also, there is leverage that is definitely not complying with any European regulations.

Is This Broker Safe?

Absolutely not. The company already earned multiple warnings. On top of that, they operate without authorization in multiple countries. Not to mention shady trading conditions offered by the broker. BTI-ic fees are also not transparent.

Instead, you can find yourself many Tier 1 licensed brokers. Most importantly with the highest security standards and a way better offer. Get in touch with us to find the most suitable brokers tailored to your needs. But also if you need assistance in recovering your losses with this scam broker.

Traders Reviews – Sharing Experiences

Another key point is BTI-ic user-experience reviews. As we can see traders are mainly complaining about non-existent BTI-ic fees. But also withdrawal issues that they experienced.

Out of 94 reviews on Trustpilot, almost 50% are with lower ratings. You can decide for yourself if you will trust this scam broker or not. To avoid similar cases you can consult with our experts free of charge. Don’t hesitate because your money is at risk!

How BTI-ic Platform Reach Clients and Who Are They?

Scam brokers like BTI-ic.com attract traders with lucrative adverts. In general, they promote quick money schemes and fast money. Also, they often advertise automated software.

Even though such systems do exist it’s very rare to get good service with unregulated broker. As can be seen, traders are coming from everywhere. But mainly from the UK. Thus, nowadays everyone in the UK knows that only FCA regulation is acceptable for their traders.

Deposits and Withdrawal Methods

Besides shady trading conditions, there are funding methods. Notably, there is an unreasonably high BTI-ic minimum deposit. Starting at $2.500. As the funding method, the broker only accepts crypto payments. These are most widely used because of anonymity. Such transactions are hardly traceable and irreversible. So, you can’t get any chargeback.

Yet, there are systems that you can use to track such transactions. Nevertheless, considering numerous reviews pointing to withdrawal issues, all their withdrawal policies are irrelevant. Also, the company is using standard scamming tactics with non-existent fees to extract the last money from the client.

Reasons To Avoid This Company

The reasons are obvious and numerous. Primarily, the company is not regulated and has multiple warnings. Secondly, there is no transparent BTI-ic demo account available. Even though there is no BTI-ic bonus offer, they are using different tactics to extract more money.

In the first place with shady proprietary trading platform. But also with non-existent fees. Practically, there is not even a single positive thing about the broker. Not to mention shady crypto funding methods as the only payment option.

Conclusion of BTI-ic Scam Broker Review

Practically if there is a warning from trusted regulators there is nothing much to look for. That’s why we are here to help inexperienced traders to learn what to avoid. If you were one of their victims, it’s not the end of the world. There are still ways to recover your money.

But primarily, if you are still looking for a trusted and reliable broker on your side. Get in touch with our team. We can go through the available and licensed brokers and find you the most suitable one. Most importantly without any obligations or charges.

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