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Joining our team as a marketing specialist, Julia plays a crucial role in amplifying our mission and expanding our reach within the trading community. She crafts strategic marketing campaigns that resonate with traders worldwide, highlighting our platform’s unique value propositions and educational resources. Julia ‘s ability to leverage digital channels and analytics ensures that our messages reach the right audience at the right time.
Today we present a broker from Canada that has been offering Forex/CFD services for 5 years. The company looks very solid: full regulation, prestigious awards and prizes, and fast order execution — at “Formula 1 speeds,” as they claim. Ready to register and deposit funds? If we were in your place, we wouldn’t rush. Everything mentioned above is known only from the official website. Can it be trusted? To answer this question, we prepared our BTC Trading Pro review. We examined the information provided by the platform and concluded that this is yet another scam project. We collected plenty of evidence, which you will find in the materials below.
Let’s start by noting that this broker is not the only one promising clients trading as fast as a Formula 1 car. Such comparisons are hard to forget, and the original design of the site is very noticeable and memorable. So it was easy to recall “A Broker You Can Trust” under the name PlusCapitalAdvisor. When we compared the two websites, it turned out they are almost identical, down to the statistical data on the homepage, which matches in every number.
For instance, both sites show 232,000 client accounts, a total balance of $3 billion, an average daily client profit of $7.2 million, and 15,000 active traders. Our calculations still hold: the average deposit per client is $13,000, while the average daily earnings of an active client are only $480. In short, the data hasn’t changed, and our distrust remains.
The sites are not complete copies, however. Official broker information differs. BTC Trading Pro presents itself as a dedicated branch of SIG North Trading, ULC, registered in 2020 in the Canadian province of British Columbia with ID BC1242391.
We can confirm that the registration information is accurate. The company was incorporated in February 2020 and remains active. The broker-provided ID matches the registry.
We assumed there would be differences in regulatory information — and there are. First, we checked provincial-level data and discovered a few surprises:
Despite these changes, it can be stated that at the provincial level, SIG North Trading, ULC, operates under the control of a regulator (the Quebec Financial Commission).
It remains to verify the upper (second) level of regulation — membership in CIRO. A search on the organization’s official website yielded no results, but the full list includes it. Moreover, it is listed in the same (smallest) group as W.D. Latimer Co. Limited, which supposedly manages PlusCapitalAdvisor, even appearing right next to it.
There is an even more interesting fact: the company is not registered with FINTRAC as either an MSB (Money Services Business) or FMSB (Foreign Money Services Business). This means it does not provide services included in FINTRAC’s list — for example, trading on the stock market is not covered.
The information on the broker’s official website regarding the company’s membership in the CIPF compensation fund is also confirmed. However, the official website listed is sig.com, which is the web portal of Susquehanna International Group, LLP, of which SIG North Trading, ULC, is a part. That company truly engages only in exchange trading, primarily ETFs. Retail Forex and CFD services are not offered there.
There are other signs that the platform was created by scammers. For example, the BTC Trading Pro website lists numerous awards and prizes supposedly received by the company. While this may impress beginners, it gives us material for verification. What did we find?
The other accolades are also fake. The scammers certainly tried hard, but the result is poor.
The company that supposedly owns the broker was registered in 2020, and the website claims that the broker began operating at the same time. However, the main domain btctradingpro.com, according to Whois data, only appeared in May 2025.
It turns out that the platform has existed online for only about 4 months. During this time, it hasn’t even managed to gather reviews. However, it has caught the attention of experts on trading and investment portals. The opinions here, however, are not favorable. In almost every btctradingpro.com review, the project is labeled a scam, and users are warned not to send money to the accounts opened on the site.
Particular attention should be paid to the broker’s offer of Individual Retirement Accounts (IRA) with a guaranteed 8% annual return. There is no minimum deposit, no limits on contributions, and the plans look very appealing.
It would all be fine, except… In Canada, pension funds and plans are subject to strict oversight and regulation by the OSFI (Office of the Superintendent of Financial Institutions). All companies working with retirement savings must be listed in its registry. Information is available on the official portal open.canada.ca, from which we downloaded:
SIG North Trading, ULC is not listed there. This clearly proves that the project has no license to manage pension plans, meaning its offers in this segment are illegal. Moreover, they have no real basis — they are simply another way to extract money from potential clients.
In short, BTC Trading Pro appeared only at the end of May 2025, has already claimed fake awards, and invented non-existent retirement products. At the same time, it holds no licenses in Canada or any other jurisdiction and uses the data of a real company to cover up its activities. This means that everything the broker claims on its website is outright false, and it cannot be trusted under any circumstances.
The creators of BTC Trading Pro made a serious effort to give their official website the appearance of a respectable trading platform supposedly operating fully within the law. It is immediately noticeable that attention was paid to the design: a strict color palette (black, white, gray backgrounds), clear fonts, minimal graphics and animation, and a few bright buttons for emphasis. At first glance, it looks stylish and professional.
But the longer you look, the more obvious a glaring detail becomes: black-and-orange headings, with no clear logic in the color distribution.
Additionally, the chosen template was clearly a poor fit. Page loading speed noticeably lags: individual delays may seem minor, but when browsing the site in full, it becomes irritating. A serious broker working with real clients and money cannot afford this, whereas scammers likely don’t even consider it. There’s also a scaling issue — everything displays correctly only at 75% or 125%.
The content issues with this broker are exactly the same as those of its twin — or rather, they are even worse:
BTC Trading Pro provides information about trading conditions in the Pricing & Services section. Of course, it is far from complete; full specifications for each trading instrument are not available. We have to work with the fragments the broker decided to publish. Here’s what we managed to extract.
First, the broker offers a full lineup of accounts. There are nine in total, with a wide range of deposit requirements — from entry-level amounts accessible to anyone, to sums affordable only for wealthy clients:
Accounts are grouped into three tiers, which differ in the number and content of additional features, spread sizes, and the number of free withdrawals. The spreads, to be honest, are shocking. For example, the spread for the EUR/USD pair — which is commonly used for comparing trading conditions — is as follows:
Yes, the broker’s greed is remarkable. In the market, this looks simply outrageous: regulated brokers offer EUR/USD spreads starting from 0.6–0.8 pips, meaning BTC Trading Pro’s trading costs are 4–5 times higher.
Moreover, the project charges withdrawal fees. Tier 1 account holders can withdraw funds once a month for free, Tier 2 accounts allow three free withdrawals, and only Tier 3 account holders can withdraw without fees — something most licensed brokers provide to all traders across all account types.
But that’s not all. BTC Trading Pro also charges a trading commission for each deal, which depends on account type and trading turnover.
For example, Forex trades for Tier 1 account holders cost a minimum of 1.8 CAD per order. In reality, costs are much higher: the commission depends on monthly turnover, and the minimum rate is only achievable for astronomically active traders. Practically, to reach the minimum commission, one would need to trade monthly volumes of 1 billion CAD (approximately 720 million USD or 5,000–10,000 standard lots). This corresponds to 250–500 standard lots daily, which is simply impossible for the vast majority of retail traders.
Finally, the broker makes generous claims regarding compensation for traders, stating:
However, we do not trust these claims. For instance, the broker conveniently omitted mention of participation in the Canadian compensation fund (CIPF) — even though the company that actually participates in it is just a front. Checking the SIPC member list reveals neither the broker nor SIG North Trading, ULC. We also found no documentary proof of the insurance contract with Lloyd’s.
The broker’s contact page also contains surprises:
First, the London address is a historic building (Women’s Social and Political Union) with no rental offices. Therefore, it is impossible to locate the broker there. The London phone number is virtual and used for VoIP. Why the platform lists these details is unclear, as it has no UK license and cannot legally provide brokerage services to clients there. The same applies to the Australian number. Ignoring Canadian and US addresses that the company lists further confirms that these contacts have nothing to do with BTC Trading Pro.