Basic Information
Registered Region 
Australia
AustraliaOperating Period
2-5 years
Company Name
8 Bitnex Limited
Customer Service Email Address
cs@bxfxcs.com
Company Website
--
Global Broker Regulation Inquiry App
WikiFX
No Regulation
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/10
8 Bitnex
Australia
|
2-5 years
|
Suspicious Regulatory License
|
Self-developed
|
Suspicious Scope of Business
|
High potential risk
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Website
Rating Index
Influence
Influence
D
Influence index NO.1
Taiwan 2.43Surpassed 14.30% brokers
Biz Area
Search Statistics
Advertising
Social Media Index
Contact
cs@bxfxcs.com
--
LicensesNo valid regulatory information, please be aware of the risk!
Warning: Low score, please stay away!
- It has been verified that this broker currently has no valid forex regulation. Please be aware of the risk!
Account
Biz Area
Website
Genealogy
Relevant Enterprises
Company Summary
Wiki Q&A
Comment
Account
- Environment--
- Currency--
- Maximum Leverage1:500
- SupportedEA
- Minimum Deposit$20000
- Minimum Spread0.9
- Depositing Method--
- Withdrawal Method--
- Minimum Position0.01
- Commission--
- Products--
Updated：
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Official website
Website
8bxtrade.com
99.83.198.95Server LocationICP registration--Most visited countries/areas--Domain Effective Date--Website--Company--
Genealogy
VIP is not activated.Open Now
Relevant Enterprises
8 BITNEX PTY LTD(Australia)
Deregistered
Australia
Registration No. 631034092
Established
Related sources Website Announcement
Company Summary
| 8 Bitnex Review Summary | |
| Founded | 2023 |
| Registered Country/Region | Australia |
| Regulation | No regulation |
| Market Instruments | Forex, stocks, commodities, indices |
| Demo Account | / |
| Spread | From 0.9 pips |
| Leverage | Up to 1:500 |
| Minimum Deposit | USD 100 |
| Trading Platform | 8BXBTS |
| Customer Support | Live chat |
8 Bitnex Information
8 Bitnex, a brokerage company who doesn't disclose much information about the background itselft, has Chinese website and mainly targets Chinese investors. It supports trading in more than 110 products including forex, stocks, commodities and indices.
The broker provides 3 tiered live accounts for different client groups, with an affordable minimum deposit of USD 100. Traders can execute trades on its proprietary platform 8BXBTS.
However, the broker is not being well-regulated by any official authorities so far, which degrades its credibility and trustworthiness.
Pros and Cons
| Pros | Cons |
| Affordable minimum deposit | No regulation |
| Tiered accounts | Limited customer support channels |
| Tight spreads | No MT4/5 platforms |
| Live chat support | Withdrawal fees charged |
Is 8 Bitnex Legit?
The most important factor in measuring the safety of a brokerage platform is whether it is formally regulated. 8 Bitnex is an unregulated broker, which means that the safety of users' funds and trading activities are not effectively protected. Investors should choose 8 Bitnex with caution.
What Can I Trade on 8 Bitnex?
8 Bitnex offers 110+ trading instruments:
| Tradable Instruments | Supported |
| Forex | ✔ |
| Commodities | ✔ |
| Indices | ✔ |
| Stocks | ✔ |
| Cryptocurrencies | ❌ |
| Bonds | ❌ |
| Options | ❌ |
| ETFs | ❌ |
Account Type & Fees
Bitnex does not provide demo accounts for practice. To start with the broker, you need to open a Standard account, with a relatively acceptable minimum deposit of USD 100.To go further, you need to invest more in higher tier accounts when gaining enough experience.
Spreads are tight, starting from 0.9 pips for the VIP account, 1.1 pips for the Professional account and 1.5 pips for Standard account.
| Account Type | Minimum Deposit | Spread from |
| Standard | USD 100 | 0.9 pips |
| Professional | USD 5,000 | 1.1 pips |
| VIP | USD 20,000 | 1.5 pips |
Leverage
8 Bitnex offers leverage up to 1:500 for all account types. It's always wise to be cautious with leverage since it's a double-edged sword which signifies your profits as well as losses at the same level.
Trading Platform
8 Bitnex offers a proprietary trading platform which can be downloaded on PC, mobile phones on Windows, iOS and Android devices. Traders can also access the platform via web, which has no limitation for devices to traders. The platform is said to have professional chart analysis indicators, efficient order execution.
| Trading Platform | Supported | Available Devices | Suitable for |
| 8BXBTS | ✔ | Windows/ iOS/ Android/Web | 8 Bitnex clients |
| MT4 | ❌ | / | Beginners |
| MT5 | ❌ | / | Experienced traders |
Deposit and Withdrawal
You can deposit funds via UnionPay debit card through the internet bank with instant arrival.
While for withdrawals, processing time will be around 2 hours and minimum withdrawal should be CYN 1000, with below withdrawal fees charged:
| Withdrawal Fee | Amount | Fee |
| Less than USD 50 | USD 3 | |
| Less than 50% of account deposit | 6% | |
| The first 3 times per day (withdrawal more than account deposit more than 60% and USD 50 ) | Free | |
| From the 4th time within a day | 5% |
Keywords
- 2-5 years
- Suspicious Regulatory License
- Self-developed
- Suspicious Scope of Business
- High potential risk
Wiki Q&A
Sergey5 
1-2 years
What withdrawal methods does 8 Bitnex support?
Only UnionPay debit card via internet banking is mentioned. That works for me if I have UnionPay, but it’s limiting compared to brokers with more options.
Broker Issues
Deposit
Withdrawal
07-11
United States
Nali5689
1-2 years
What is the spread of 8 Bitnex?
It depends on the account tier — VIP starts from 0.9 pips, Professional from 1.1 pips, and Standard from 1.5 pips. These are relatively tight, especially on the higher-tier accounts.
Broker Issues
Fees and Spreads
06-03
United States
Дмитрий
1-2 years
What are the pros of 8 Bitnex?
I do like that I can start with just USD 100 and then move up to higher-tier accounts if I want. The spreads are also quite competitive — as low as 0.9 pips for the VIP account — and they have live chat, so at least I can get quick answers without waiting for email replies.
Broker Issues
Regulation
05-25
United States
Eziol
1-2 years
How long does 8 Bitnex withdrawal take?
They say withdrawals are processed within about 2 hours, which is pretty fast compared to many brokers. Still, I’d test it with a small withdrawal first before trusting them with a larger amount.
Broker Issues
Withdrawal
Deposit
05-10
United States
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