Bitiq Review – Is it Scam? – CFDs and Real Cryptos

Introduction

In recent years, the popularity of cryptocurrency trading has skyrocketed. With the rise of new trading platforms, it can be difficult to determine which platforms are legitimate and which are not. Bitiq is a trading platform that offers both CFDs and real cryptocurrencies to its users. In this article, we will take a closer look at Bitiq and determine whether it is a legitimate trading platform.

Background Information on Bitiq

Bitiq was founded in 2018 and is based in the United Kingdom. The platform offers a range of trading instruments including forex, commodities, indices, and cryptocurrencies. Bitiq has gained a reputation for its easy-to-use trading platform and customer support.

Bitiq Trading Platform

Bitiq's trading platform is user-friendly and offers a range of features to make trading easier for its users. The platform is available on desktop, mobile, and tablet devices. The platform also offers a range of security measures to protect its users' funds.

Types of Accounts Offered

Bitiq offers three types of accounts: Basic, Gold, and Platinum. The minimum deposit requirement for the Basic account is $250, while the Gold and Platinum accounts require larger deposits. Each account offers different features and benefits.

Trading Instruments Available

Bitiq offers a range of trading instruments including CFDs and real cryptocurrencies. CFDs are contracts that allow traders to speculate on the price movements of an asset without actually owning the asset. Real cryptocurrencies, on the other hand, are actual digital assets that can be bought and sold on the platform.

Trading Fees and Charges

Bitiq charges trading fees and commissions on each trade. The fees vary depending on the type of account and the trading instrument. Bitiq's fees are comparable to industry standards, however, traders should be aware of potential hidden fees.

Deposits and Withdrawals

Bitiq offers a range of payment methods for deposits and withdrawals including credit cards and bank transfers. The processing times and fees vary depending on the payment method used. Bitiq also offers security measures to protect its users' funds during transactions.

Customer Support

Bitiq offers customer support via email and phone. The platform also offers a range of educational resources to help traders improve their trading skills.

Regulation and Licensing

Bitiq is not currently regulated by any regulatory body. However, the platform complies with anti-money laundering and know your customer regulations.

Bitiq Review – Is it a Scam?

There have been accusations of Bitiq being a scam. However, upon closer examination, there is no concrete evidence to support these claims. Bitiq appears to be a legitimate trading platform.

Conclusion

Overall, Bitiq offers a range of trading instruments and features to make trading easier for its users. While the platform is not currently regulated, it appears to be a legitimate trading platform. Traders should be aware of the fees and charges associated with trading on Bitiq and use caution when making deposits and withdrawals.

FAQs

What is Bitiq?
Bitiq is a trading platform that offers CFDs and real cryptocurrencies to its users.
Is Bitiq a legitimate trading platform?
While Bitiq is not currently regulated, it appears to be a legitimate trading platform.
What are CFDs and real cryptos?

CFDs are contracts that allow traders to speculate on the price movements of an asset without actually owning the asset. Real cryptocurrencies are actual digital assets that can be bought and sold on the platform.

What types of accounts are offered by Bitiq?
Bitiq offers three types of accounts: Basic, Gold, and Platinum.
What trading instruments are available on Bitiq?
Bitiq offers a range of trading instruments including forex, commodities, indices, and cryptocurrencies.
What are the fees and charges for trading on Bitiq?

Bitiq charges trading fees and commissions on each trade. The fees vary depending on the type of account and the trading instrument.

How do I make a deposit or withdrawal on Bitiq?
Bitiq offers a range of payment methods for deposits and withdrawals including credit cards and bank transfers.
How can I contact customer support on Bitiq?
Bitiq offers customer support via email and phone.
Is Bitiq regulated and licensed?