Beware! Bitindex Capital is an offshore broker! Your investment may be at risk.


Don’t put all your eggs in one basket. Open trading accounts with at least two brokers.


Bitindex Capital tries to convince us that it is a regulated broker through which we can invest with peace of mind. But experience shows that such assurances should not be trusted without verification. And in Bitindex Capital’s case, verification reveals that this website is nothing more than yet another online scam. Let’s take a detailed look at how you could tell such a scam from a trustworthy investment intermediary.

Bitindex Capital Regulation and safety of funds

Guaranteed FundsSegregated AccountsNegative balance protection
Bitindex Capital
UK regulated brokers£85 000YesYes
EU regulated brokers€20 000YesYes
AU regulated brokersNoYesYes
US regulted brokersYesYesNo

Bitindex Capital is completely anonymous. Legitimate forex brokers provide clear and detailed information about the legal entity that owns and operates them, where it is based, what licences it has and which regulators oversee its activities. Lack of such details or improper presentation of them are always a red flag that we are probably dealing with a scam.

Bitindex Capital also does not provide access to a set of legal documentation that meets the standards. There is therefore no reason to believe the claims that this broker is based and licensed in the UK.

This is a highly regulated jurisdiction where brokers need a licence from the Financial Conduct Authority (FCA). However, what we find in the regulator’s database is not a licence but a warning that Bitindex Capital is not authorised.

If you want to trade on financial markets without being scammed, you can turn to some of the legitimate brokers that actually operate from established financial hubs like the UK. These brokers have to meet stringent requirements for financial stability and transparency of operations imposed by the (FCA. They must provide clients with negative balance protection and to participate in a guarantee fund that covers up to GBP 85,000 of a client’s investment should the broker go into insolvency. These brokers are also required to keep their clients’ money segregated from their own operating funds in separate bank accounts.

Bitindex Capital Trading software

Analytical toolsAuto tradingCustom indicatorsMobile apps
Bitindex Capital platform
MT430+ indicatorsAndroid and iOS
MT550+ indicatorsAndroid and iOS
cTrader40+ indicatorsAndroid and iOS

After registering an account, it becomes apparent that Bitindex Capital  does not have any trading software. Legitimate brokers offer clients a wide selection of trading software, including desktop, mobile apps and web-based platforms. The most widely used platforms in the industry are MetaTrader 4 (MT4) and MetaTrader 5 (MT5). These platforms have established themselves as industry standard because they offer a wide range of features, including a variety of options for customization, multiple account usage, designing and implementing custom scripts for automated trading and backtesting trade strategies.

Bitindex Capital Trading instruments

Bitindex Capital

Bitindex Capital advertises trading in all major asset classes, including cryptocurrencies. This is further evidence that Bitindex Capital is not a broker licensed in the UK. The FCA prohibits brokers from offering crypto derivatives trading to retail customers.

Bitindex Capital Spreads and cost of trading

Bitindex CapitalXMFBSFXTM
Spread EURUSD0.611.1
Spread GBPUSD1.31.21.4
Spread USDJPY1.31.21.4

When you visit the website of a legitimate broker you will find proposals for different types of trading accounts suitable for investors with different preferences, as well as detailed descriptions of trading parameters – minimum deposit, order execution method, tradable financial instruments, leverage, spread, swap, commissions, etc. On the Bitindex Capital  website we see proposals for investment plans promising guaranteed high returns.

A genuine broker will not and cannot promise you guaranteed profits. In fact, licensed companies are obliged by regulators to warn their clients about the high risk of losses when trading financial instruments.

Bitindex Capital Maximum leverage

Bitindex Capital
UK regulated brokers30:15:110:110:1
EU regulated brokers30:15:12:110:110:1
AU regulated brokers30:15:12:110:110:1
US regulated brokers50:1

High leverage creates the opportunity for more significant profit, but correspondingly increases the risk of sudden and excessive losses. All leading regulators therefore restrict leverage for retail traders. The FCA, like EU regulators, limits leverage to 1:30 for trading in major currency pairs and even lower levels for more volatile assets.

If you are willing to take the risk of trading with high leverage and benefit from bonuses and promotions, the best option is to invest through an offshore division of an established brand.

Bitindex Capital Deposit and withdrawal methods

Deposit timeWithdrawal timePrice
PerfectMoney1 hour24 hoursNot specified
Crypto24 hours24 hoursFee depends on crypto

Bitindex Capital allows the deposit of funds via cryptocurrencies and the Hong Kong payment processor PerfectMoney.

Scammers prefer cryptocurrencies because these transactions are not subject to refunds. Legitimate brokers typically offer clients a wide choice of transparent payment methods, including bank transfer, credit/debit cards and established e-wallets such as PayPal, Skrill or Neteller.

Bitindex Capital Minimum deposit

Bitindex CapitalXMFBSFXTM
Minimum deposit$50$5$10$5

The minimum deposit required by Bitindex Capital  is 50 USD. With even a lower amount you can open a trading account with a reputable and regulated broker.

Bitindex Capital Withdrawal requirements

Trading volumeFee/Tax on withdrawalMinimum withdrawal
Bitindex Capital Not specifiedNot specifiedNot specified
UK regulated brokersNoNoNo
EU regulated brokersNoNoNo
AU regulated brokersNoNoNo
US regulated brokersNoNoNo

Since Bitindex Capital  does not provide proper legal documentation, it is unclear what traps the fraudsters may have set. Typically, fake brokers make withdrawing money impossible through huge fees and impossible-to-fulfil traded volume conditions.

Top Forex Brokers

BrokerCountryRatingMin. DepositWebsite
US4.99/5$50 Click for a special offerWebsite

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