BrokerHiveX
Bitcore ProSuspected of fraud

Bitcore Pro

1.90
Suspected of fraudAmerica
Time

1Year

Contact Information
Website
Industry Echelon

Basic Information

Company
Regulatory
Risk Monitor
Download
Documents
Country
America
Market Type
foreign exchange
Enterprise Type
Brokerage
Service
Provide trading services for a variety of financial products such as foreign exchange (Forex), contracts for difference (CFD), stocks, commodities, indices, etc.
Support Languages
Chinese, English
Domain Registration Date
2024-09-18
Business Status
Suspected of fraud

Company IntroductionWeb Analytics

Company Introduction

Bitcore Pro claims to be a global digital asset and foreign exchange (forex) contracts for difference (CFD) trading platform, offering clients trading services in a diverse range of financial products, including forex, cryptocurrencies, stocks, and indices. The platform's official website states that it is headquartered in London, UK, and positions itself as a "leading fintech solutions provider." However, an investigation of its official website and publicly available information reveals significant lack of transparency in key areas such as company registration, regulatory disclosures, fund security, and technical compliance.

The platform claims to utilize an advanced matching system and "institutional-grade liquidity," but this claim is unsupported by any third-party verification data. Furthermore, much of its website content is virtually identical to that of other publicly exposed suspicious brokerage websites, suggesting it may be a "templated scam." The website's overall structure is sparse, with links to legal terms invalid, and some pages even contain logical errors and broken links. It clearly lacks genuine corporate technology and team support. Overall, Bitcore Pro's operating model is more akin to a fraudulent trading platform than a licensed financial institution.

🌐Global layout and brand background

Bitcore Pro repeatedly emphasizes its "global compliance presence" on its website, claiming to have branches in the UK, Australia, and Dubai, and to be regulated in multiple countries. However, upon verification, the company does not appear on the official license lists of the UK Financial Conduct Authority (FCA), the Australian Securities and Investments Commission (ASIC), or the Cyprus Securities and Exchange Commission (CySEC). Its so-called "global regulation" is merely a marketing gimmick; no actual license numbers, company registration certificates, or audit reports have been provided.

Furthermore, the "office address" displayed on the platform is identical to that of several fictitious registered companies, a typical example of a fictitious registered address. There is no substantive evidence proving that Bitcore Pro has a physical presence in the aforementioned countries. While its branding appears "international," actual operational indicators indicate that Bitcore Pro is likely a high-risk offshore platform disguised as a global broker .



💹Trading products and services

Bitcore Pro claims to offer trading in a variety of instruments, including forex, cryptocurrencies, indices, energy, and stock CFDs. It touts "ultra-low spreads," "up to 1:1000 leverage," and "zero commissions." However, the platform provides no detailed trading conditions, nor does it disclose any spread tables, commission structures, or execution policies.

Even more worrying is the website's lack of information on real liquidity providers and disclosure of trading data. Such platforms often utilize an "internal matching system," meaning all orders are simulated in the background, rather than entering the actual market. Such platforms can arbitrarily manipulate prices, slippage, and order execution to control users' profits and losses. The so-called "stable returns and high leverage" advertised by these platforms clearly do not conform to the risk management principles of legitimate brokers, and investors should remain highly vigilant.



💻Trading technology and platform experience

The Bitcore Pro website claims to support the MetaTrader 5 (MT5) trading platform and offers both web and mobile trading terminals. However, the download link repeatedly appears invalid or redirects incorrectly. The platform does not appear on MetaQuotes' list of officially authorized brokers, suggesting that the so-called "MT5 access" is likely a fake interface or a third-party counterfeit terminal.

Some users have complained about serious trading disruptions on the platform, including delayed order execution, forced liquidations, unusual price fluctuations, and falsified trading records. Some investors have also reported that after their accounts showed profits, the platform would forcibly freeze them under the pretext of "system maintenance" or "compliance review," subsequently demanding payment of additional "taxes" or "liquidation fees" to unlock their accounts. These practices are common scams employed by unregulated platforms.



🛡️Regulatory compliance and fund security

The biggest problem with Bitcore Pro is its lack of effective regulation . While the bottom of its official website states "Fully Licensed Broker," it lacks a license number, regulatory documents, or links to regulatory agencies. A Whois query revealed that the domain name was registered using anonymous privacy protection and was less than a year old, a characteristic consistent with many high-risk scam websites.

The platform does not mention any client fund segregation mechanisms or custodial bank information, meaning all user funds are likely held directly in the company's accounts, lacking third-party custody and legal protection. If the platform ceases operations or shuts down its website, investors will find it difficult to recover their principal. Furthermore, repeated attempts to contact the customer service email address and customer service information have yielded no response, further demonstrating the company's lack of a genuine customer service system or backend support team.



⚡Trading conditions and experience

Bitcore Pro boasts high leverage, zero commissions, and instant execution as its main selling points, but these conditions often don't materialize in practice. Investors have reported significant slippage during volatile market conditions, with some orders being automatically canceled or having their execution prices manipulated.

Its leverage ratio of up to 1:1000 not only violates the regulatory ceiling in most countries (typically 1:30 to 1:100), but can also easily lead to investors' positions being quickly liquidated. Because the platform lacks risk control mechanisms and a genuine matching system, all trading activity is highly likely to be manipulated by backend services. For ordinary investors, this combination of high returns and no regulation carries a significant risk of capital loss.



🎓Customer support and value-added services

The Bitcore Pro website claims to offer 24/7 customer support and market education services, but actual operations are severely inconsistent. Its "online customer service" system is inaccessible, email responses are delayed for weeks, and most emails bounce. The so-called "professional consultants" use sales pitches to induce users to increase their deposits rather than provide genuine technical support or risk advice.

The platform's "Education Zone" is hollow, filled with repetitive text and advertising slogans, clearly a copycat. The platform lacks substantive market analysis reports or trading tools, suggesting its primary purpose is to attract deposits rather than provide education and services.



⚠️Risk Warning and Platform Positioning

Bitcore Pro's website features, false regulatory claims, high leverage promises, and withdrawal failures all indicate a clear risk of fraud. Its operating model is highly consistent with typical Ponzi scheme scams: luring users in with high-yield marketing, then restricting withdrawals or requiring additional fees for various reasons, ultimately preventing investors from recovering their funds.

In the absence of regulatory oversight and legal safeguards, the platform offers no investment security. Investors should consider Bitcore Pro a high-risk, unregulated, fraudulent trading site and avoid any trading or deposit operations.



🔍Comprehensive analysis and evaluation

Comprehensive analysis shows that the main problems of Bitcore Pro include:

  • No regulatory licenses or compliance documents;

  • The official website information is false and the content is identical;

  • Difficulty in withdrawing funds and loss of contact with customer service;

  • High risk of price manipulation and account freezing;

  • High leverage inducement and false profit promises.

In summary, Bitcore Pro is not a genuine, regulated forex or cryptocurrency trading platform, but rather a fraudulent brokerage operating under the guise of financial investment . Investors are advised to stay away from this platform immediately and verify the broker's qualifications through regulatory agencies or legitimate channels before making any investment decisions.

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Selected Enterprise Evaluation

0.83

Total 3 comments
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1.00
“Unregulated and Deceptive Platform” Bitcore Pro falsely claims to be regulated by the FCA, but no valid license or registration exists. Its website hides company ownership details, and withdrawal issues are widespread. This broker shows all the warning signs of an unregulated scam operation — fake regulation, fake profits, and zero transparency.

Reply

****
1.00
“Withdrawal Fraud and Fake Promises” Investors report frozen accounts, fake “tax” requests, and complete loss of contact after deposit. Bitcore Pro’s high-leverage claims and “guaranteed returns” are typical red flags. It’s a high-risk fraudulent CFD platform designed to trap inexperienced traders. Avoid at all costs.

Reply

****
0.50
Exercise extreme caution when engaging with this website. Deposits are accepted easily, but withdrawals are consistently blocked. My attempts to recover funds for over a week have been unsuccessful, and the so-called “financial manager” became hostile when questioned. Many of the platform’s positive reviews also appear inauthentic. If you encounter similar issues, consider seeking professional chargeback assistance. You may contact Madam Doris at Email: dorisashley71 @ gmail. com or via WhatsApp at +1 .- (404) -.721.-56.-08.

Reply

~ There's nothing more ~

About Bitcore Pro's questions

01

Ask:Is Bitcore Pro a regulated and legal trading platform?

Answer:No. Bitcore Pro claims on its official website that it is "regulated by the UK FCA and holds global licenses." However, upon verification, the UK Financial Conduct Authority (FCA), the Australian Securities and Investments Commission (ASIC), and the Cyprus Securities Commission (CySEC) have no regulatory records related to the company. The website does not list any license numbers or legal documents, and its domain registration information is anonymous and hidden. This shows that Bitcore Pro is, in fact, an unregulated, unqualified, and questionable platform, and its so-called "legal and compliant" claims are completely false.

02

Ask:Why do investors generally report that Bitcore Pro is unable to withdraw funds?

Answer:Numerous investors have reported that the platform has denied withdrawals for various reasons, including "account verification failed," "system maintenance," and requests for "taxes" or "unlocking fees" to be paid first. This practice of "double-charging and withdrawal restrictions" is typical of unregulated, fraudulent platforms. Because Bitcore Pro lacks a segregated system for client funds, all deposits are likely to go directly into the company's accounts, subject to internal manipulation or misappropriation. If the platform shuts down its website or loses contact, investors will be unable to recover any funds.

03

Ask:What should I do if I have already deposited funds in Bitcore Pro?

Answer:If you have already deposited funds to Bitcore Pro, you should take the following actions immediately: Stop all deposits and trading operations to prevent further losses; Save all relevant evidence, including remittance receipts, email records, chat screenshots and transaction pages; Report to the financial regulatory agency or anti-fraud center in your country (such as the UK FCA Scam Reporting, the Hong Kong Police Cybersecurity Bureau, or the China National Anti-Fraud Center); You can submit information through the BrokerHiveX complaint and exposure platform to assist in tracking suspicious accounts; If the losses are large, it is recommended to seek professional legal assistance and try to freeze the relevant fund flows.