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BITmarkets

No Regulation
International
,
Since 2010
Last Updated:
14/100
Overall Score

Trading Conditions

Min Deposit:
EUR30
Max Leverage:
N/A
Account Types
PlatinumGoldDiamond

User Reviews

Total Reviews
This Month
Avg Rating

Funding Methods

8 methods

SWIFT (USD)

wire transfer
hours
Fee:
$25
Fee:
2.5%

SWIFT (EUR)

wire transfer
hours
Fee:
Free
Fee:
€10

SEPA (EUR)

bank transfer
hours
Fee:
€10
Fee:
€10

Credit Card (Mobilum)

credit card
hours
Fee:
3.8%
Fee:
Free

growpayments (INR)

e wallet
hours
Fee:
5.0%
Fee:
3.5%

VNPAY (IDR)

e wallet
hours
Fee:
5.0%
Fee:
1.5%

Local (MYR)

e wallet
hours
Fee:
5.0%
Fee:
1.5%

Local (VND)

e wallet
hours
Fee:
5.0%
Fee:
1.5%

Performance Metrics

Excellent Performance
Performance chart: 1: Regulation 0%, 2: License 0%, 3: Software 0%, 4: Spread 0%, 5: Account Type 14%, 6: Symbol 0%
Regulation
0%Poor
License
0%Poor
Software
0%Poor
Spread
0%Poor
Account Type
14%Poor
Symbol
0%Poor
No regulation
Your deposit is not protected by any financial authority.
What this means

Company Information

Full Name:BITmarkets
Founded:2010
Headquarters:N/A
Enterprise Offices:1offices

Customer Support

Phone:
+44 20 4579 5923
Live Chat:
business_hours
Response Time:
Languages:
English
Scroll Down
Editorial review
Updated

Broker Summary

What Wikilix has recorded about BITmarkets: its history, the licences it holds, its trading conditions and its fees.

Introduction

BITmarkets is positioned as an all-in-one trading platform intended to provide smooth, free-of-compliances cryptocurrency trading paired with security and user education.

Despite the fiercely competitive nature of the landscape, BITmarkets stands out by genuinely pursuing adherence to regulatory standards, while implementing advanced verification systems.

Background and History
BITmarkets, founded in 2010, is registered in Australia. It specizlizes in crypto trading via BIT markets App. BITmarkets is a virtual cryptocurrency trading platform that can be accessed through its web address, https://bitmarkets.com/. Though the brokerage is functional, with readily available and up-to-date governance documents-including an AML and KYC policy dated as recently as July of 2025-detail about corporate history is scant. The official website does not indicate a founding year, who the founders are, or a physical headquarters address, which is a little unusual for brokers in this field.

Other sources, like a Chainwire press release, report a CEO named Peter Sumer and indicate the company’s press origin to be Kingstown, Saint Vincent and the Grenadines. These details, however, cannot be confirmed from BITmarkets’s official platform itself.

Key Features and Offerings

BITmarkets is a suite of cryptocurrency trading services that can accommodate a wide range of users. From account creation, KYC identity verification, deposit functionality, wallet management, and active trading, this is considered home. BITmarkets also introduced an AI-powered wealth management product recently, further stating its commitment to using technology for better trading experiences.

Account Registration and Verification

At the BITmarkets website, users can register an account through a very thorough tutorial on the registration and verification process. To verify, they will have to upload a government-issued photo ID, a selfie with the ID in hand, and proof of address, really pushing AML and KYC compliance. This very intense verification process testifies to the huge importance of security and following the rules at BITmarkets.

Trading & Wallet services

BITmarkets has web-based client wallets for storing cryptocurrency securely on the platform. With thousands of dollars of trading volume on the site, there's support for trading many different cryptocurrencies, but an exact list of available instruments-or distinct tiers of accounts-isn't provided on the official website. That said, other sources placed this number at more than 200 different cryptocurrencies.

Licensing and Regulatory Compliance

Regulatory compliance is a critical aspect of any financial services provider, and the same is increasingly required within the cryptocurrency space. BITmarkets has made a point of emphasizing its commitment to AML and KYC policies, underpinning this with active maintenance of updated governance documents in accordance with regulatory expectations. This, though, does not disclose certain regulatory licenses, license numbers, or jurisdictions on its official website.

Although some external press references a regulatory framework, none is actually verifiable through license details on the website of the official BITmarkets platform. And that lack means potential clients should consider this fact when considering the broker’s regulatory standing.

Regulator

License Number

Status

Limited availability of information

No information is disclosed about

It has not been publicly denied or confirmed.

Trading Conditions and Platform Technology

BITmarkets offers a trading environment supported by a client web portal called “myZone,” through which account management, document upload, and wallet access become possible. The platform supports both web and mobile interactions, including mobile document scanning for verification purposes, although there is no clear technical specification on this matter yet, or its links into the app stores.

Speaking to the trading conditions-spreads, leverage, minimum deposits, commissions-no explicit numeric values are publicly published on the official site of BITmarkets. In this respect, because traders cannot get this important information about trading conditions from open sources, they have to contact the support of BITmarkets directly for more accurate terms of trading.

Feature

Information

Trading Platform

Web-based client portal, "myZone," which can also be accessed on mobile apps

Supported Devices

Web browsers, mobile devices (document scanning supported)

Trading Instruments

200+ cryptocurrencies-outside references

Spreads, Leverage, Minimum Deposit

Not publicly disclosed

Fee Structure

BITmarkets' official documentation and support pages detail how deposits, withdrawals, and account verification are processed but do not provide the exact fees charged for these services. The platform has no published fee schedule regarding deposit fees, withdrawal fees, commission, and inactivity fees.

Traders who need to understand the cost structure of BITmarkets have to forward their request to the support team via the email address provided, for specific information.

Fee Type

Information

Deposit Fees

Not disclosed

Fees for Withdrawal

Not disclosed

Trading Commissions

Not disclosed

Inactivity Fees

Not disclosed

User Experience and Market Reputation

BITmarkets invests heavily in customer education through extensive tutorials and a structured support desk that leads the user step-by-step through the account setup, verification, and trading processes. These resources show a commitment toward ease of use and operational transparency.

The official site doesn't publish independent reviews or ratings by real users, but YouTube tutorials and even PR articles written about it by third parties emphasize how the platform supports more than 14 different languages, is available 24/7, and its assets have security features like cold storage of assets at 99.9%. However, these are not claims found on independent reviews but company-sourced material.

Recent Developments

BITmarkets updates policy according to the current state of governance; the last revision of the AML/KYC policy was made in July 2025, which reflects the current compliance efforts being made. Besides that, external press dated December 2025 reports on the launch of the AI-driven trading program, which means BITmarkets does not stop for a moment focusing on the implementation of advanced technologies to support trading strategies and wealth management.

These developments signal that BITmarkets are actively working on the evolution of their product and compliance frameworks, matching the demands of a dynamic cryptocurrency market.

Conclusion

BITmarkets is a modern cryptocurrency trading platform focused on compliance, security, and user education. Although it does not extensively publish corporate history, regulatory licenses, or explicit conditions of trade, the trading platform does claim a broad range of services including account verification, wallet management, and AI-enhanced trading products. Prospective traders should weigh for themselves the available information and consider direct engagement with support at BITmarkets for specifics on fees and trading terms. Overall, BITmarkets seems committed to giving traders a secure and technologically advanced environment in which to trade cryptocurrencies, supported by continuous policy updates and educational resources.

Regulation check

Regulatory Licenses

We have not confirmed any regulation for BITmarkets. Money deposited with an unregulated broker is protected only by the company itself.

No regulation

Trading with an unregulated broker puts your deposit at risk.

No regulation

We have not confirmed any regulation for BITmarkets. An unregulated broker is not supervised by a financial authority, and money you deposit is protected only by the company itself.

What this means for you

  • No compensation scheme covers your funds.
  • No regulator to escalate a complaint to.
  • No audit of how client money is held.
View other brokers
Trading accounts
Updated

Account Types

3 account types on record.

3 account types
AccountMin DepositLeverageCommission
PlatinumVIPNot recordedNot recordedNot recorded
GoldVIPNot recordedNot recordedNot recorded
DiamondVIPNot recordedNot recordedNot recorded
Account names and conditions as published by BITmarkets, recorded by Wikilix.
Deposits & withdrawals

Funding Methods

13 ways to fund an account. 6 with no deposit fee. 5 credit instantly. The costliest way in is SWIFT (USD) at USD 25.

13 methods
MethodDeposit feeWithdrawal feeMin depositWithdrawal min / maxProcessing
SWIFT (USD)Wire TransferDeposit fee applies only if deposit is under $999; withdrawal fee minimum $150; processing time not specified.USD 252.5%USD 150USD 250Not recordedhour
SWIFT (EUR)Wire TransferWithdrawal fee is €10 plus 2.5% (2.5% not explicitly separated in fee, assumed fixed amount only from table).FreeEUR 10EUR 30EUR 100Not recordedhour
SEPA (EUR)Bank TransferDeposit fee also includes 0.25% but treated as fixed amount per table; withdrawal fee includes 2.5% but treated as fixed amount.EUR 10EUR 10EUR 20EUR 100Not recordedhour
Credit Card (Mobilum)Credit CardWithdrawals not available for credit cards.3.8%Not recordedUSD 250Not recordedNot recordedhour
growpayments (INR)E-WalletWithdrawals available with 3.5% fee; processing time not specified.5%3.5%INR 8,000Not recordedNot recordedhour
VNPAY (IDR)E-WalletWithdrawals available with 1.5% fee; processing time not specified.5%1.5%IDR 350,000Not recordedNot recordedhour
Local (MYR)E-WalletWithdrawals available with 1.5% fee; processing time not specified.5%1.5%MYR 10Not recordedNot recordedhour
Local (VND)E-WalletWithdrawals available with 1.5% fee; processing time not specified.5%1.5%VND 100,000Not recordedNot recordedhour
Bitcoin (BTC)CryptocurrencyWithdrawal fee is network fee implied; incorrect wallet addresses lead to permanent loss.FreeFreeNot recordedUSD 0.001USD 0.001Instant
BUSD (BEP20)CryptocurrencyNetwork fees apply on withdrawal; deposits instant and free.FreeFreeNot recordedUSD 10USD 0.5Instant
CAKE (PancakeSwap) (BEP20)CryptocurrencyNetwork fees apply on withdrawal; deposits instant and free.FreeFreeNot recordedUSD 0.042USD 0.021Instant
ETH (Ethereum) (TRC20)CryptocurrencyNetwork fees apply on withdrawal; deposits instant and free.FreeFreeNot recordedUSD 0.01USD 0.001Instant
FIL (Filecoin)CryptocurrencyNetwork fees apply on withdrawal; deposits instant and free.FreeFreeNot recordedUSD 0.01USD 0.001Instant
Fees, limits and processing times as published by BITmarkets, recorded by Wikilix.
Websites

Global Domains

One domain on record. All active and served over HTTPS.

1 domain
  • bitmarkets.com/enListed domainActiveHTTPS
Domains recorded by Wikilix. Only a domain listed here is known to belong to this broker.
Social channels

Social Presence

4 official channels on record.

4 channels
Channels as published by the broker, recorded by Wikilix.
Legal entities

Corporate Network

One legal entity behind the BITmarkets brand.

1 entity
  • FLYING MONEY PTY LTDActiveAustralia
Entities named in the broker's own documents and company registers, recorded by Wikilix.

Comments

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