FITBELA EPRO

Note: FITBELA EPROs official site - https://www.fitbelaepro.com.tw/ is currently not functional. Therefore, we could only gather relevant information from the Internet to present a rough picture of this broker.

What is FITBELA EPRO？

FITBELA EPRO, is a United States -based global brokerage firm who operates in the United Kingdom. It offers Currency Pairs, Cryptocurrencies, Precious Metals (Gold, Silver, Platinum) and other financial derivatives as its market instruments to traders. However, it is important to note FITBELA EPRO currently has an NFA unauthorized regulatory status which raises concerns when trading.

In the following article, we will analyze the characteristics of this broker from various aspects, providing you with simple and organized information. If you are interested, please read on. At the end of the article, we will also briefly make a conclusion so that you can understand the broker's characteristics at a glance.

Pros & Cons

FITBELA EPRO offers several advantages, including a wide variety of trading instruments across different asset classes and the use of the popular MT4 trading platform, and these features cater to a broad base of trader preferences and strategies.

However, numerous significant downsides exist. Not being authorized by the NFA raises questions about its legality and compliance. The platform also suffers from a lack of transparency that may deter potential clients due to trust issues. A dysfunctional website could negatively impact users' experience considerably. Limited information available on payment methods may complicate the payment process for users. Furthermore, having limited customer support channels means users might face delays or limitations in obtaining necessary assistance. Negative reviews from clients also tarnish FITBELA EPRO's reputation and may reflect underlying issues with service quality or user satisfaction.

Is FITBELA EPRO Safe or Scam？

When considering the safety of a brokerage like FITBELA EPRO or any other platform, it's important to conduct thorough research and consider various factors. Here are some steps you can take to assess the credibility and safety of a brokerage:

• Regulatory sight: It is not regulated by any major financial authorities, the NFA (National Futures Association) with license no. 0543828 indicates that there is no guarantee that it is a safe platform to trade with. Besides, the official website of the broker is inaccessible, indicating that the trading platform may have absconded. These make investing with them risky.

• User feedback: 35 reports regarding scams, system slippage and unable to withdraw on WikiFX should be taken into consideration as potential red flags. It is recommended to conduct thorough research and due diligence before engaging with any broker or investment platform.

• Security measures: So far we cannot find any security measures info on Internet for this broker.

Ultimately, the decision of whether or not to trade with FITBELA EPRO is a personal one. You should weigh the risks and benefits carefully before making a decision.

Market Instruments

FITBELA EPRO provides its clients a diverse range of market instruments to trade with.

These comprise not only traditional Currency Pairs, which allow traders to exploit exchange rate fluctuations, but also Cryptocurrencies, offering opportunities in one of the most innovative and volatile sectors of finance.

Precious Metals, including Gold, Silver, and Platinum, are also available, giving traders access to stable, tangible assets often used as safe havens during times of economic uncertainty.

Additionally, FITBELA EPRO extends its offerings to other financial derivatives, expanding the possibilities for trading strategies and risk management. T

Leverage

FITBELA EPRO offers its clients leverages up to 1:500. Leverage is a powerful tool that allows traders to control a larger position in the market with a relatively smaller amount of capital. With a leverage ratio of 1:500, clients have the potential to amplify their trading positions substantially, thus increasing the potential for both profits and losses.

While higher leverage can enhance trading opportunities, it also comes with increased risk, as market fluctuations can have a more significant impact on account balances. Traders are advised to approach leveraged trading with a thorough understanding of the associated risks and to implement risk management strategies diligently.

Spreads & Commissions

FITBELA EPRO operates with an enticingly low spread structure that begins from 0.0 pips. This presents traders with the potential to reap substantial benefits by significantly lowering trading costs.

However, FITBELA EPRO has not yet disclosed its commission structure to the public. Commission, which is traditionally a separate cost in addition to the spread, could affect the overall trading cost to the client. Therefore, before engaging in trading activities with FITBELA EPRO, potential clients should seek further clarification regarding this undisclosed commission structure with broker directly. This will enable them to comprehensively understand the total cost implications associated with the trading platform.

Trading Platforms

FITBELA EPRO provides access to one of the most popular and widely used trading platforms – MetaTrader 4 (MT4).

MT4 is highly esteemed due to its ease of use, robust functionality, and a comprehensive arsenal of analytical tools. It aids traders in executing and managing trades efficiently while offering advanced charting capabilities, customizability, algorithmic trading, and compatibility with a multitude of devices. With MT4, FITBELA EPRO provides its clients the ability to engage the markets with superior speed, optimal versatility, and effective analysis.

User Exposure on WikiFX

On our website, you can see that total 35 reports scams, system slippage and unable to withdraw on WikiFX which should be marked as red flag. Traders are encouraged to carefully review the available information. You can check our platform for information before trading. If you find such fraudulent brokers or have been a victim of one, please let us know in the Exposure section, we would appreciate it and our team of experts will do everything possible to solve the problem for you.

Customer Service

FITBELA EPRO's customer support is limited to email and postal correspondence. Though ensuring structured communication, it may restrict real-time assistance and could potentially extend response times.

Email: support@fitbelaepro.com.

Address: 11E CAPITAL HOUSE 61 AMHURST ROAD, LONDON, UNITED KINGDOM E8 1LL.

Conclusion

According to available information online, FITBELA EPRO is a US-based brokerage firm who operates in the UK. It offers Currency Pairs, Cryptocurrencies, Precious Metals (Gold, Silver, Platinum) and other financial derivatives as market instruments to traders.

However, the fact that it is NFA unauthorized regulatory status is an immediate red flag, as regulated brokers are subject to oversight and compliance with established financial regulations, providing clients with a level of assurance and protection. The lack of proper regulation and oversight increases the potential risks for traders, leaving them vulnerable to potentially fraudulent activities or misconduct. Additionally, an unfunctional website indicates a lack of professionalism and attention to details, which further erodes confidence in the company's ability to provide reliable and efficient services. Besides, 35 reports of scams and unable to withdraw that also raise concerns.

As such, individuals considering FITBELA EPRO as their brokerage firm should exercise extreme caution and thoroughly research alternative, regulated options that prioritize transparency, security, and accountability.

Frequently Asked Questions (FAQs)

Risk Warning

Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies.

In addition, the date on which this review was generated may also be an important factor to consider, as information may have changed since then. Therefore, readers are advised to always verify updated information directly with the company before making any decision or taking any action. Responsibility for the use of the information provided in this review rests solely with the reader.