BT Norden claims to have solid experience and a license from the FCA, though there are not many reviews about this broker online, which raises certain doubts regarding regulation and bold statements. The platform is owned and operated by Crypto Intellect Limited, based in the United Kingdom. Also, a license from the unknown regulator Crypto Conduct Authority is mentioned on the website. Are there any pitfalls, or is the company safe? Is it risky to invest money here?

How to Trade

BT Norden provides access to several classes of financial assets: forex, metals, indices, commodities, digital currency, and stocks. To start trading, traders need to register and select one of the 7 suitable tariffs.

The minimum deposit starts at $250 and gradually increases as the account type improves. Additional service in BT Norden also depends on the tariff:

  • Personal manager.
  • Trading sessions.
  • Monthly return of 3% or more.
  • Bonuses on deposit.
  • Webinars, market reviews, and management plan.
  • Mentorship.
  • And many others.

The leverage ranges from 1:1 to 1:100, but the size of spreads and commissions is not specified. BT Norden also promises to provide access to a demo account so clients can test WebTrader and its features.

BT Norden Vital Info

In fact, the broker discloses almost no information about itself. For example, the business model and foundation date remain unknown to us. However, we can guess when BT Norden actually started serving its clients. Judging by the young domain, which was registered only in January 2024, and the scant number of reviews online, it can be concluded that the platform was launched quite recently.

BT Norden lists the British legal entity Crypto Intellect Limited, which is also controlled by the FCA. It was registered in the United Kingdom on February 6, 2023, and currently has the status: “Confirmation statement overdue”. Very interesting.

However, we are even more interested in another fact. Crypto Intellect Limited is not found in the Financial Conduct Authority’s registry. Could it be that BT Norden is deceiving us? Moreover, the regulator Crypto Conduct Authority is likely just made up.

FAQ

What are the key facts about BT Norden?

Thus, we managed to determine the foundation date of the company, even though it wasn't disclosed. The platform was launched only in 2024 because the official website appeared only in January, followed by the first mentions online. The legal entity registered in the United Kingdom did not confirm its details, and it does not hold a license from the Financial Conduct Authority, meaning the information on the site is false. The license from the financial commission Crypto Conduct Authority is also fake, as such a regulator does not exist. Therefore, the number of red flags is overwhelming, and we haven't even considered other aspects, such as the business model yet.

What's the risk to my wallet when working with this broker?

The firm operates illegally while lying about regulatory compliance. These are serious negative factors indicating that BT Norden is a fraudulent organization. Therefore, the main risk here is losing money not due to one's own fault but because the firm refuses to process withdrawals, blocks accounts, manually drains the client's deposit, or commits some other malicious act.

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