What is Fxbit-Traders?
Fxbit-Traders is a forex and CFD broker based in United Kingdom, listed with a foundation year of 2021. It offers leverage up to 1:2, spreads from 0.5 pips and a minimum deposit of $1,000. Clients trade on Web Trading and on mobile.
Will be updated soon
Is Fxbit-Traders safe and regulated?
Fxbit-Traders is regulated by Fxbit-Traders has no regulations. 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-Traders account types
The broker offers several account options so beginners and experienced traders can choose the right fit. Accounts open from a $1,000 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 | No |
| Managed account | Investors who prefer a money manager | Yes |
Trading platform and conditions
Fxbit-Traders provides Web Trading, so you can trade from any browser without installing software. 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 0.5 pips are available on raw pricing, with a commission per lot.
- Leverage up to 1:2 gives large position sizes from a small deposit, which also raises the risk of fast losses.
Deposits and withdrawals
Fxbit-Traders supports 8 funding methods, including Visa, MasterCard, Skrill, Neteller, Qiwi Wallet, Yandex and more. Accounts can be held in 2 base currencies (USD, EUR), which helps you avoid conversion fees.
Fxbit-Traders bonus: <p>This broker is providing a 10% to 40% welcome bonus on different accounts.</p>
How the promotion works
The current Fxbit-Traders promotion is <p>This broker is providing a 10% to 40% welcome bonus on different accounts.</p>. Entry rules, dates and eligible countries are set by the broker. Read the full terms on the Fxbit-Traders 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-Traders pros and cons
Pros
- Raw spreads from 0.5 pips
- Scalping and hedging allowed
- News trading allowed
- VIP, Mini and managed accounts
- 8 deposit methods
Cons
- Only offshore regulation
- No investor compensation scheme
- $1,000 minimum deposit is higher than some rivals
- Web Trading only in our listing, no MT4/MT5 confirmed
- No Islamic account listed
How to open a Fxbit-Traders account
- RegisterVisit the Fxbit-Traders 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 VIP, Mini, managed or a standard account, and your base currency.
- Fund the accountDeposit at least $1,000 with Visa, MasterCard, Skrill or another method.
- Start tradingLog in to Web Trading or the mobile app and set your risk per trade.
Is Fxbit-Traders a good broker? Our verdict
Fxbit-Traders suits active traders who want raw spreads, 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.