BT Global

Aspect	Information
Registered Country/Area	China
Founded year	2-5 years
Company Name	BT Global
Regulation	Listed as regulated by the United States with license number 0525929, but suspicions about the claimed NFA regulation being a clone; no valid regulation currently verified for this broker. Caution advised due to associated risks.
Minimum Deposit	$100
Maximum Leverage	Leverage ratios ranging from 1:50 to 1:200
Spreads	Range from 0.10 to 0.50 pips
Trading Platforms	BT Global WebTrader (web-based)
	BT Global Trader (desktop)
Tradable assets	Currencies, Commodities, Indices, Stocks, Cryptocurrencies, Bonds, Options
Account Types	Premium, Standard, Demo
Demo Account	Available
Islamic Account	Not mentioned
Customer Support	Email: cs@bt168.com
Payment Methods	Bank wire transfer, credit card, debit card
Educational Tools	Not mentioned

Overview of BT Global

BT Global is a financial service provider listed as regulated by the United States with license number 0525929. However, there are suspicions about the validity of their claimed NFA regulation, and there is currently no verified regulation for this broker. The company has faced multiple complaints in the past three months, which raises caution about dealing with this institution due to associated risks. The main website of BT Global is unavailable.

BT Global offers a range of market instruments for trading, including currencies, commodities, indices, stocks, cryptocurrencies, bonds, and options. Clients can engage in foreign exchange transactions with various currency pairs, participate in commodity trading, speculate on the performance of indices and individual stocks, trade cryptocurrencies, and explore options trading opportunities.

The company provides three types of accounts: Premium, Standard, and Demo. The Premium account is designed for high-volume traders and offers an account manager, higher trading limits, exclusive research, and insights. The Standard account is suitable for traders seeking basic market access, trading fees, and a user-friendly trading platform. The Demo account allows traders to practice using virtual funds without committing real money. However, negative feedback and reviews on WikiFX raise concerns about the legitimacy and trustworthiness of BT Global as a broker, urging potential traders to exercise caution.

Pros and Cons

BT Global presents a mix of advantages and disadvantages for traders. On the positive side, the company is listed as regulated by the United States with a license number, providing a level of credibility. They offer a diverse range of market instruments, including cryptocurrencies, and spreads starting from 0.1 pips. The availability of leverage options up to 1:200 and various account types caters to different trader needs. Additionally, they provide both web-based and desktop trading platform. However, there are concerns about the legitimacy of their claimed NFA regulation due to suspicions of it being a clone. The lack of comprehensive information on trading conditions and the unavailability of their main website raise red flags. Negative user reviews, allegations of manipulation, and difficulties in depositing funds, along with limited customer support channels and a $25 fee for credit card withdrawals, further add to the company's drawbacks. Traders should exercise caution and conduct thorough research before considering BT Global as their brokerage firm.

Pros	Cons
Regulated by the United States	Suspicions of cloned NFA regulation
Offers a variety of market instruments	Limited information on trading conditions
Provides access to cryptocurrencies	Main website is currently down
Spreads start from 0.1 pips	Negative user reviews and allegations of manipulation
Offers leverage options, up to 1:200	$25 fee for withdrawing funds via credit card
Provides multiple account types	Difficulty in depositing funds and unresponsiveness from the company
Offers web-based and desktop trading platforms	Limited customer support channels
	Minimum deposit requirement: $100

Is BT Global Legit？

BT GLOBAL LIMITED, a financial service provider, is listed as regulated by the United States with license number 0525929. However, there are suspicions that the claimed NFA regulation may be a clone and there is no valid regulation currently verified for this broker. Additionally, there is a lack of trading software and multiple complaints have been received by WikiFX in the past 3 months. As a result, caution is advised when dealing with this institution due to the associated risks.

Market Instruments

1. Currencies: BT Global offers a range of currency pairs for trading, allowing clients to engage in foreign exchange transactions. These include major pairs such as EUR/USD, GBP/JPY, and USD/JPY, as well as minor and exotic pairs like NZD/CAD and USD/TRY. Clients can speculate on the fluctuations in exchange rates between different currencies without physical ownership.

2. Commodities: The company provides access to various commodities, enabling clients to participate in commodity trading. Commodities offered may include precious metals like gold and silver, energy resources such as crude oil and natural gas, and agricultural products like corn and soybeans. Traders can take positions based on the price movements of these essential resources.

3. Indices: BT Global allows clients to trade indices, representing the performance of a group of stocks from a specific market or sector. Examples of indices offered may include the S&P 500, FTSE 100, and Nikkei 225. Traders can speculate on the overall performance of these stock market benchmarks.

4. Stocks: The company offers a selection of individual stocks from various global exchanges. These stocks belong to prominent companies across different industries, allowing clients to invest in and trade shares of companies like Apple, Amazon, and Microsoft. Traders can take advantage of price fluctuations in these specific company stocks.

5. Cryptocurrencies: BT Global provides access to a range of cryptocurrencies, allowing clients to trade digital assets such as Bitcoin, Ethereum, and Ripple. These cryptocurrencies offer unique opportunities for speculation and investment in the emerging digital asset market.

6. Bonds: The platform may offer trading opportunities in government bonds, corporate bonds, and other fixed-income securities. Clients can engage in bond trading, speculating on interest rate movements and bond price fluctuations.

7. Options: BT Global may offer options trading, providing clients with the right but not the obligation to buy or sell an underlying asset at a predetermined price within a specific time frame. Option contracts may cover various instruments like stocks, currencies, and commodities.

Pros and Cons

Pros	Cons
Diverse Range of Instruments	Limited Information on Trading Conditions
Access to Cryptocurrencies	Negative User Reviews and Allegations of Manipulation
Opportunity for Speculation	Main Website Currently Down

Account Types

PREMIUM

The Premium account type caters to high-volume traders seeking extensive market access and services. It provides an account manager, higher trading limits, exclusive research, and insights, along with reduced trading fees to enhance their trading experience.

STANDARD

The Standard account type suits traders requiring a basic level of market access. It offers access to a wide range of markets, low trading fees, and a user-friendly trading platform for a straightforward trading experience.

DEMO

The Demo account type is designed for traders who wish to test BT Global's trading platform without committing real funds. It provides access to a simulated trading environment, allowing users to practice and experiment with virtual funds, utilizing the same trading platform available in live accounts.

Pros and Cons

Pros	Cons
Premium account offers extensive market access and services	Limited information on trading conditions
Standard account provides access to a wide range of markets and a user-friendly trading platform	Limited information on specific features and benefits of each account type
Demo account allows traders to test the trading platform without using real funds

Leverage

BT Global offers leverage options to its clients, with leverage ratios ranging from 1:50 to 1:200.

Spreads & Commissions

BT Global charges spreads on all of its markets. The spreads typically range from 0.10 to 0.50 pips. BT Global does not charge commissions on most of its markets, but it does charge commissions on some markets, such as US equities and options. The commissions typically range from $0.01 to $0.05 per share.

Minimum Deposit

The minimum deposit requirement for a BT Global account is $100. This means that you must deposit at least $100 in order to open an account and start trading. There are no fees for depositing funds into your BT Global account.

Deposit & Withdrawal

BT Global accepts deposits via bank wire transfer, credit card, and debit card. There are no fees for depositing funds into your BT Global account. Withdrawals are allowed via bank wire transfer and credit card. The minimum withdrawal amount is $100. There is a $25 fee for withdrawing funds from your BT Global account via credit card. The processing time for bank wire transfers is typically 3-5 business days, while the processing time for credit card withdrawals is typically 1-2 business days. Debit card withdrawals are typically instant.

Pros and Cons

Pros	Cons
Accepts multiple payment methods (bank wire transfer, credit card, debit card)	$25 fee for credit card withdrawals
No fees for depositing funds	Minimum withdrawal amount of $100
Debit card withdrawals are instant	Longer processing time for bank wire transfers (3-5 business days)

Trading Platforms

BT Global offers two trading platforms:

BT Global WebTrader: This is a web-based trading platform that is accessible from any computer with an internet connection. It offers a wide range of features, including charting, analysis tools, and order execution.

BT Global Trader: This is a desktop trading platform that is designed for more advanced traders. It offers a wider range of features than the web-based platform, including real-time market data, algorithmic trading, and hedging.

Pros	Cons
BT Global WebTrader accessible from any computer with an internet connection	Limited information on trading conditions
BT Global WebTrader offers a wide range of features, including charting and analysis tools	No mention of mobile trading platform
BT Global Trader designed for advanced traders, offering real-time market data and algorithmic trading

Customer Support

BT Global's Customer Support can be reached via email at cs@bt168.com.

Reviews

According to reviews on WikiFX, BT Global has received negative feedback from users. Complaints include severe slippage leading to wiped-out positions, allegations of manipulation in the background causing substantial losses, and accusations of being a fraudulent broker operating illegally without a license. Some users reported difficulty in depositing funds and encountering unresponsiveness from the company. These reviews raise concerns about the legitimacy and trustworthiness of BT Global as a broker.

Conclusion

BT Global offers a diverse range of market instruments, including currencies, commodities, indices, stocks, cryptocurrencies, bonds, and options, which may appeal to traders looking for various trading opportunities. However, caution is advised due to concerns about the legitimacy of the claimed NFA regulation and the lack of verified regulation for the broker. Moreover, negative user reviews reporting issues with slippage, alleged manipulation, and unresponsiveness raise questions about the reliability and trustworthiness of BT Global as a broker. Potential clients should carefully consider these risks before engaging with this institution.

FAQs

Q: Is BT Global a legitimate financial service provider？

A: BT Global claims to be regulated by the United States with license number 0525929, but suspicions exist that the claimed NFA regulation may not be valid. Caution is advised due to associated risks and multiple complaints received.

Q: What market instruments can I trade with BT Global？

A: BT Global offers trading in currencies, commodities, indices, stocks, cryptocurrencies, bonds, and options.

Q: What are the account types offered by BT Global？

A: BT Global provides Premium, Standard, and Demo account types to cater to different trading needs.

Q: What leverage options does BT Global offer？

A: BT Global offers leverage ratios ranging from 1:50 to 1:200.

Q: What are the spreads and commissions charged by BT Global？

A: BT Global charges spreads ranging from 0.10 to 0.50 pips and commissions on certain markets, such as US equities and options.

Q: What is the minimum deposit required to open an account with BT Global？

A: The minimum deposit requirement for a BT Global account is $100.

Q: How can I deposit and withdraw funds with BT Global？

A: Deposits can be made via bank wire transfer, credit card, and debit card, while withdrawals are allowed via bank wire transfer and credit card.

Q: What trading platforms does BT Global offer？

A: BT Global offers two trading platforms, BT Global WebTrader (web-based) and BT Global Trader (desktop).

Q: How can I contact BT Global's customer support？

A: BT Global's customer support can be reached via email at cs@bt168.com.

Q: What are some reviews about BT Global's services？

A: According to reviews on WikiFX, BT Global has received negative feedback, including complaints about slippage, alleged manipulation causing losses, and accusations of being a fraudulent broker operating without a valid license.

Q: Should I trade with BT Global？

A: Given the concerns raised about BT Global's legitimacy and negative user feedback, it's advisable to exercise caution and consider alternative options before trading with them.