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Is ETHBTC a Scam or Not? Detailed ETHBTC Review, which is a must read before you trade with this Forex broker. Read all ETHBTC pros and cons, full description of trading accounts, platforms, spreads, promotions.
Is ETHBTC a Scam or Not? Detailed ETHBTC Review, which is a must read before you trade with this Forex broker. Read all ETHBTC pros and cons, full description of trading accounts, platforms, spreads, promotions.

Operating status: SCAM

Website: https://ethbtcforex.com/

Broker violations and abnormal records
  • 2021-04-08 BrokersView has reviewed that ETHBTC Investment Limited is an unregulated forex broker
    ETHBTC Investment Limited says that it is subject to the supervision by the National Futures Association (NFA) but we found that the broker is not an NFA member and not subject to NFA oversight.
    ETHBTC Investment Limited says that it is subject to the supervision by the National Futures Association (NFA) but we found that the broker is not an NFA member and not subject to NFA oversight.
  • 2021-08-12 BrokersView has found that ETHBTC is not working
    BrokersView found the domain https://ethbtcforex.com/ is temporarily unavailable, as most probably it was suspended and it is always a bad sign when broker’s website is suspended.
    BrokersView found the domain https://ethbtcforex.com/ is temporarily unavailable, as most probably it was suspended and it is always a bad sign when broker’s website is suspended.

Related Complaints

Q&A

Should I pay tax to the broker?

Calvin
Gambia
2023-06-09
ANSWER ETHBTC is an unlicensed broker that we advise against trading with despite the seemingly attractive deals it offers.ETHBTC's website currently shows that it "is under construction". This is a common sign of a scam, as a properly-functioning website is critical for a broker to display essential information including regulatory information and licensing data, and to facilitate trading. The failure of a broker's website to function well can be considered as a red flag, suggesting potential issues with the broker's operation and reliability. According to our data, ETHBTC used to claim that it is overseen by the National Futures Association (NFA). However, no corresponding records exist in the NFA registry. This contradictory situation further proves that ETHBTC is a non-regulated broker.Regarding your question, if ETHBTC asks you to pay extra fees or taxes for withdrawal, please stop sending money to them. It is a typical withdrawal scam. ETHBTC is an unregulated broker, coming with huge risks including financial losses and identity theft as there are no safeguards in place to protect investors. Therefore, we strongly suggest investors stay away from unlicensed brokers like ETHBTC and choose fully regulated ones instead.
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Risk Warning:

FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.

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