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No Regulation

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/10

BitCipher

United Kingdom | 1-2 years |

Suspicious Regulatory License | Suspicious Scope of Business | High potential risk

https://bitciphermanagement.com/

Website

Open Account Time Machine

Rating Index

Contact

https://bitciphermanagement.com/

94 Great Portland St First Floor London W1W 7LT United Kingdom

Forex License

No forex trading license found. Please be aware of the risks.

Keywords

1-2 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

Warning: Low score, please stay away!

2026-04-07

This broker lacks valid forex regulation. Please be aware of the risk!

Basic Information

Registered Region

United Kingdom

Operating Period

1-2 years

Company Name

BitCipher

Abbreviation

BitCipher

Employees

Customer Service Email Address

support@bitciphermanagement.com

Company Website

https://bitciphermanagement.com/

Company Address

94 Great Portland St First Floor London W1W 7LT United Kingdom

+19095083794

BitCipher United Kingdom Verified: No Physical Presence Found

WikiFX Survey
BitCipher

Danger

United Kingdom

WikiFX Survey
BitCipher

Danger

United Kingdom

Account

Website

Company Summary

Wiki Q&A

Comment

Account

Environment
--
Currency
--
Maximum Leverage
--
SupportedEA
Minimum Deposit
$500
Minimum Spread
--
Depositing Method
--
Withdrawal Method
--
Minimum Position
--
Commission
--
Products
--

Products

Updated： 2026-04-07

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Details

Official Website

Website

bitciphermanagement.com
77.37.37.68
Server Location
United Kingdom
ICP registration
--
Most visited countries/areas
--
Domain Effective Date
--
Website
--
Company
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Review summary

BitCipher is a broker based in the United Kingdom that has been operating for approximately 1-2 years. The entity describes itself with a 'Suspicious Scope of Business' and lacks any verifiable regulatory oversight for forex trading. The broker offers accounts with high minimum deposit requirements, including $800,000 for 'INDUSTRY ASSETS' and $1,500,000 for 'Futures'. According to WikiFX data, its overall score is a very low 1.19 out of 10, reflecting a complete absence of regulatory oversight, which means client funds are not protected under any compensation scheme. Consequently, engaging with this entity entails a significant risk due to the lack of credible financial supervision. Note: Regulatory status, trading conditions, and risk assessments may vary by jurisdiction. The WikiFX score reflects currently available information.Please verify all entity details independently before trading. (Updated: 2026-04-07)

Keywords

1-2 years
Suspicious Regulatory License
Suspicious Scope of Business
High potential risk

Wiki Q&A

Is BitCipher safe and reliable?

Based on its regulatory status and overall score, BitCipher does not meet the typical criteria for safety and reliability. The WikiFX assessment indicates an extremely low overall score of 1.19 out of 10. More critically, the entity operates without any form of recognized financial regulation. This means there is no independent oversight of its operations and client funds are not protected under any investor compensation scheme, which presents a significant risk to users.

United States

Is BitCipher regulated?

No, BitCipher is not regulated. According to WikiFX data, the broker holds no valid licenses from reputable financial authorities such as the UK's Financial Conduct Authority (FCA) or other major global regulators. Its official regulatory status is listed as 'No Regulation'.

United States

What is the minimum deposit of BitCipher?

BitCipher offers multiple account types with varying and notably high minimum deposit requirements. For its 'Crypto Assets' account the requirement is $500, the 'Forex' account requires $3,000, the 'Stock Market' account starts at $15,000, the 'Commodity Exchange' account at $500,000, the 'INDUSTRY ASSETS' account at $800,000, and the 'Futures' account requires $1,500,000.

United States

Does BitCipher support MT4 or MT5?

WikiFX data on trading software for BitCipher is currently limited. The available information does not specify whether the MetaTrader 4 (MT4) or MetaTrader 5 (MT5) platforms are supported. Traders interested in these specific platforms would need to verify this information directly with the broker.

United States

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