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Can you help check if btrade is a legit platform?
Niloy
Jerman
2025-07-01
ANSWER Dear Investor, BTrade claims to be operated by WSYM Technology LLC, a St. Vincent and the Grenadines registered Investment Firm, authorized and regulated by the Mwali International Services Authority (MISA) of the Comoros Union. Upon investigation, we can confirm that WSYM Technology was listed as an authorised company by the Mwali International Services Authority (MISA). However, please note that MISA now lists the company as being in liquidation, which suggests that the company may not be operational and poses potential risks to investors. Furthermore, we have confirmed WSYM Technology's registered status with the Saint Vincent and the Grenadines Financial Services Authority (FSA). However, please note that BTrade is only registered with the SVG FSA. This registration merely grants it International Business Company (IBC) status, which does NOT constitute a valid financial licence. The SVG FSA has publicly stated that it neither regulates nor licences forex trading activities. These red flags raise serious concerns about fraudulent operations. Therefore, we strongly advise exercising extreme caution when trading with BTrade.
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What are the trading hours on BTrade?
Joseph Kobti
2024-06-13
ANSWER It appears that BTrade's website does not provide certain information, including trading hours. As a result, we suggest contacting their customer service for the most up-to-date and accurate information.Furthermore, we would like to caution you about the potential risks involved. BTrade purports to be registered with the Financial Services Authority of St. Vincent and the Grenadines (SVG FSA) and claims to hold a license from the Mwali International Services Authority (MISA). However, the SVG FSA does not license forex trading brokerage activities, and the records from MISA do not establish a confirmed relationship between the licensee, WSYM Technology LLC, and BTrade (btrade.net). This is because there is no registered website address displayed on the MISA register page for the license holder. Consequently, there is a potential risk of identity theft, where an unscrupulous broker may impersonate a legitimate entity by misusing information published by MISA.Moreover, there are concerns about MISA's legitimacy, capacity, transparency, and enforcement. In summary, investors should be fully informed about these risks. We recommend opting for fully regulated brokers.
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Peringatan Risiko

Trading FX berisiko tinggi dan mungkin tidak cocok untuk semua investor. Leverage akan menimbulkan risiko dan kerugian tambahan. Sebelum melakukan trading, mohon pertimbangkan dengan cermat toleransi Anda terhadap risiko, tingkat pengalaman, dan tujuan investasi Anda. Anda mungkin kehilangan sebagian atau seluruh investasi awal Anda; jangan berinvestasi di luar kemampuan Anda. Edukasi diri Anda sendiri tentang risiko terkait trading FX. Jika Anda memiliki pertanyaan, silakan berkonsultasi dengan penasihat keuangan atau perpajakan independen. Semua data dan informasi disediakan "sebagaimana adanya" dan hanya untuk tujuan informasi, bukan untuk trading ataupun rekomendasi. Kinerja masa lalu bukanlah prediksi akan hasil di masa depan.

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Data yang terdapat dalam situs web ini mungkin tidak real-time dan akurat. Data dan harga di situs ini tidak mesti disediakan oleh pasar atau bursa, tetapi mungkin disediakan oleh pembuat pasar, sehingga harga mungkin tidak akurat dan berbeda dari harga pasar yang sebenarnya. Yaitu, harga ini merupakan harga indikatif hanya untuk mencerminkan tren pasar, dan tidak menguntungkan untuk tujuan trading. Penyedia data yang terdapat dalam Situs Web tidak bertanggung jawab atas kerugian apa pun yang Anda alami sebagai akibat dari aktivitas trading Anda atau ketergantungan pada informasi yang terkandung dalam Situs Web.