What is Fxbit-incom?
Fxbit-incom is a forex and CFD broker based in United States of America, listed with a foundation year of 2016. It offers leverage up to 1:10, spreads from 1.0 pips and a minimum deposit of $500. Clients trade on MetaTrader4 & MetaTrader5 for Android, iOS, Windows, and MAC and on mobile.
Fxbit-incom is an online trading broker that trades on Share CFDs, Forex, Indices, and Commodities. This broker is based on the MetaTrader4 and MetaTrader5 platforms. This broker is providing clients with valuable knowledge besides providing trading services. The knowledge and information are valuable for the traders. Especially for the new traders, it is very important and precious.
Fxbit-incom has demo and live trading accounts for its clients. There are four types of trading accounts. Traders can choose any of these accounts according to their demands or trading styles along with investment capabilities. These four accounts are named Bronze, Silver, Gold, and Platinum account. These accounts are standard accounts. The Bronze account starts with a $500 minimum deposit. The Silver account starts with $3,000. The Gold account starts with a $5,000 deposit. Finally, the Platinum account starts with $100,000. There are also ECN accounts and Islamic accounts. But, this broker did not provide any information about these accounts.
Is Fxbit-incom safe and regulated?
Fxbit-incom is regulated by Fxbit-incom has no regulatory. This is an offshore regulator. It sets capital and reporting rules, but its investor protection is lighter than tier-1 regulators such as the FCA (UK), CySEC (Cyprus) or ASIC (Australia), and there is usually no investor compensation scheme.
Safety checklist before you deposit
- Find the licence number on the broker's website and check it on the regulator's official register.
- Check that client funds are held in segregated bank accounts.
- Make a small first deposit and test a withdrawal before you add more.
- Confirm negative balance protection applies to your account type.
Fxbit-incom account types
The broker offers several account options so beginners and experienced traders can choose the right fit. Accounts open from a $500 minimum deposit.
| Account | Best for | Available |
|---|---|---|
| Mini account | Beginners trading small lot sizes | Yes |
| VIP account | High-volume traders wanting raw spreads | Yes |
| Islamic (swap-free) | Traders who need no overnight interest | Yes |
| Managed account | Investors who prefer a money manager | Yes |
Trading platform and conditions
Fxbit-incom provides MetaTrader4 & MetaTrader5 for Android, iOS, Windows, and MAC. Mobile trading is supported as well.
- Scalping and hedging are permitted, which suits short-term and EA-style strategies.
- News trading is allowed during high-impact economic releases.
- Spreads from 1.0 pips on major currency pairs.
- Leverage up to 1:10 gives large position sizes from a small deposit, which also raises the risk of fast losses.
Deposits and withdrawals
Fxbit-incom supports 6 funding methods, including Bitcoin, Visa, MasterCard, Skrill, Neteller, Paypal. Accounts can be held in 2 base currencies (USD, EUR), which helps you avoid conversion fees.
Fxbit-incom bonus: <p>This broker is providing a 0.2% to 6% welcome bonus in the name of a return</p>
How the promotion works
The current Fxbit-incom promotion is <p>This broker is providing a 0.2% to 6% welcome bonus in the name of a return</p>. Entry rules, dates and eligible countries are set by the broker. Read the full terms on the Fxbit-incom website before you trade for it.
Check the promotionLooking for free trading credit instead? Compare the latest forex no deposit bonus offers and forex deposit bonuses.
Fxbit-incom pros and cons
Pros
- Scalping and hedging allowed
- News trading allowed
- Islamic, VIP, Mini and managed accounts
- 6 deposit methods including crypto
Cons
- Only offshore regulation
- No investor compensation scheme
- $500 minimum deposit is higher than some rivals
How to open a Fxbit-incom account
- RegisterVisit the Fxbit-incom website and sign up with your name, email and phone number.
- Verify your identityUpload a passport or national ID and a recent proof of address (KYC).
- Choose an accountPick Islamic, VIP, Mini, managed or a standard account, and your base currency.
- Fund the accountDeposit at least $500 with Bitcoin, Visa, MasterCard or another method.
- Start tradingLog in to MetaTrader4 & MetaTrader5 for Android, iOS, Windows, and MAC or the mobile app and set your risk per trade.
Is Fxbit-incom a good broker? Our verdict
Fxbit-incom suits active traders who want freedom to scalp or trade the news, plus a wide choice of payment methods. The main trade-off is regulation: an offshore licence gives less protection than a tier-1 regulator. Start small, test a withdrawal, and only trade money you can afford to lose.