Information about the activities of the Dealing Center “BT Invest”
The Dealing Center “BT Invest” declares its registration in Lithuania. At least, when studying the internal documentation of the broker, you can find the following address as the alleged location of the company’s head office: Gedimino pr. 35, 01109 Vilnius, Lithuania, 8888. However, there is no documentary evidence of Lithuanian registration on the official BT Invest website – neither a scanned copy of the registration certificate nor its number. Therefore, the question of the broker’s actual jurisdiction remains open.
Even more importantly, the broker’s official website does not mention the presence of licenses. This indicates that the legality of BT Invest’s operations is also questionable.
The resource bt-in.pro is available in two languages – English and Russian. The main page of the Russian version looks as follows.
Despite the absence of registration and regulatory documentation, the broker makes internal documents available to the public – “Terms and Conditions,” “Privacy Policy,” and “KYC Policy.” It is worth studying the internal documentation and reviews of BT Invest before opening an account with this intermediary.
Trading conditions of BT Invest
According to the financial intermediary itself, its clients can trade major, minor, and exotic currency pairs, gold, silver, and other precious metals, oil, gas, and other commodities, as well as securities and major stock indices.
Authorization in the trading platform takes place at the address platform.bt-in.live. Currently, “BT Invest” offers clients exclusively a web platform suitable for use in any device’s browser. A detailed description of the terminal on the broker’s official website is absent, and opening a demo account is not provided, so clients will not have the opportunity to familiarize themselves with the platform’s functionality and interface without risking the loss of real funds.
Traders are offered a choice of six types of real accounts:
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Start. Minimum deposit – $250. Min. trade volume – 0.01. Spreads from 3 pips.
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Standard. Minimum deposit – $5000. Min. trade volume – 0.1. Spreads from 2 pips.
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Islamic. Minimum deposit – $10,000. Min. trade volume – 0.5. Spreads from 3 pips.
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Investor. Minimum deposit – $10,000. Min. trade volume – 0.5. Spreads from 1.7 pips.
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VIP. Minimum deposit – $50,000. Min. trade volume – 1. Spreads from 1.7 pips.
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VIP Platinum. Minimum deposit – $100,000. Min. trade volume – 5. Spreads from 1 pip.
All clients have access to educational materials. Thus, you can take advantage of professional educational courses, study online with a practicing analyst, or access educational videos with analysts’ comments.
Depositing and withdrawing funds from BT Invest
Information about the deposit/withdrawal conditions can be found in the “Terms and Conditions.” It is stated that bank transfer is used as the main payment method. The minimum deposit amount is not specified, and the minimum withdrawal is $50. The processing time for withdrawal requests is up to 5 business days, but in some cases, the company may require an additional 10 business days.
As for commissions, a 3.5% fee is charged for all fund withdrawals. However, the commission cannot be less than $30 or more than $3500.
Conclusion
Among the advantages of this broker are the variety of accounts, a low entry threshold, and a focus on trader education. Among the main drawbacks, it is worth noting the absence of registration and regulatory documentation, the lack of a demo account, and relatively high fees for fund withdrawals. To learn more about the real operation of the broker, reviews of BT Invest will help.