WEBCRYPTO-BITFURY is a CFD broker whose official website domain was registered on January 4, 2024. This broker mainly provides investment services to investors in trading markets such as forex, cryptocurrencies, indices, stocks, energy, and commodities. It does not offer services to countries and regions where it might violate local laws or regulations.
Company Registration Information and Regulatory Status
Public information on the official website of WEBCRYPTO-BITFURY (webcrypto-bitfury.com) shows that the broker was established in 2016 and is regulated by the Australian Securities and Investments Commission (ASIC). Apart from this, the broker does not disclose company entity registration information or detailed regulatory information.
Upon verification, the Australian Securities and Investments Commission (ASIC) did not find a regulated company named "WEBCRYPTO-BITFURY."
Therefore, WEBCRYPTO-BITFURY (webcrypto-bitfury.com) is essentially a fraudulent broker website with no company entity or regulation.
Account Opening Process
The account opening process for a WEBCRYPTO-BITFURY trading account involves: visiting the broker’s official website, clicking “Open Account” on the homepage or “SIGN UP” on the top right of the webpage to access the account registration page, filling in personal information such as name and email, setting a login password, and submitting. After submission, you can successfully register by verifying the account.
Trading Products:
WEBCRYPTO-BITFURY offers clients a variety of trading products, including forex, indices, commodities, stocks, and cryptocurrencies.
- Forex: Forex trading involves the exchange of different currencies, known for its high liquidity, allowing traders to profit from exchange rate fluctuations.
- Indices: Index trading allows speculation on the performance of an entire market or sector without trading individual stocks. By exploring popular indices, diverse trading opportunities can be discovered and high leverage can enhance potential returns.
- Commodities: Commodity trading covers key resources of global markets, allowing traders to buy and sell various raw materials, including metals, energy, and agricultural products.
- Stocks: Stock trading enables investors to participate in the price fluctuations of public companies, earning profits based on company performance and dividends without actually holding the stocks.
- Cryptocurrencies: Cryptocurrency trading offers digital currency enthusiasts the opportunity to profit from highly volatile assets.
Investment Plans
WEBCRYPTO-BITFURY offers four different types of investment plans: STARTER, BASIC, RUBY PLAN, DIAMOND PLAN.
STARTER:
- Minimum Deposit: $20
- Minimum Expected Profit: $20
- Maximum Expected Profit: $20
- Trader Education*
- Risk Management
- Tax-Free Spread Trading Profits
BASIC:
- Minimum Deposit: $500
- Minimum Expected Profit: $25
- Maximum Expected Profit: $25
- Trader Education*
- Risk Management
- Tax-Free Spread Trading Profits
RUBY PLAN:
- Minimum Deposit: $1,000
- Minimum Expected Profit: $35
- Maximum Expected Profit: $35
- Trader Education*
- Risk Management
- Tax-Free Spread Trading Profits
DIAMOND PLAN:
- Minimum Deposit: $200
- Minimum Expected Profit: $40
- Maximum Expected Profit: $40
- Trader Education*
- Risk Management
- Tax-Free Spread Trading Profits
Trading Platform
WEBCRYPTO-BITFURY provides users with a self-developed trading platform, claiming an average order execution speed of less than 7.12 milliseconds, with over comprehensive liquidity providers and more than 12,000 orders executed per second.
Deposits and Withdrawals
WEBCRYPTO-BITFURY does not support deposits and withdrawals through credit cards or bank transfers; it only supports transactions through cryptocurrencies.
Summary:
Traderknows reminds investors that WEBCRYPTO-BITFURY is a scam broker that entices investors with high returns to deceive them. The website has no corporate entity and no regulation, and the contact method is limited to email only. It is recommended that investors choose brokers with transparent information, strong regulation, and good reputation for investment activities to avoid unnecessary financial losses.
Currently, this broker is marked as a "Scam" on Traderknows.
