Bitteks Broker Review

Bitteks Broker Review – Bitteks.com Is A Broker Designed To Scam You

There seems to be a global issue with Bitteks broker, which targets Australia, the Netherlands, and Canada. We believe it’s time someone exposes these unregulated operations running their business worldwide.

Find out all the relevant facts about Bitteks by reading our honest review. Moneta Markets, Easy trade, and Palo Traders scam broker reviews have recently been updated. The funds you have with them are at risk so far!

1. Status of Broker: Offshore Scam Broker
2. Licensed by: Unauthorized Company (No License)
3. Websites of scammers: Bitteks.com
4. Forex Trading Scam: Active
5. Scam listed by: N/A
6. Broker: Bittex Ltd.
7. Country of headquarters: Saint Vincent and the Grenadines
8. Year of foundation: 2020
9. Trading platforms: WebTrader
10. Mobile Trading: Only available via the web browser
11. Deposit minimum: 250 EUR
12. Bonus on deposit: Available
13. Trading with Crypto Assets: BTC, ETH, XRP (20+ cryptos are available)
14. Trading CFDs is an option: Yes, you can trade CFDs.
15. Instruments: Forex (FX), Commodities, Indices, Cryptocurrencies, Stocks.
16. Leverage maximum: 1:400
17. The Islamic Account is not available.
18. Demo Account: Not available
19. US traders are not accepted: US traders are not accepted.
20. Scam Broker Verdict: Don’t Invest in It!

Is Bitteks Safe And Regulated? – The Importance Of Regulation

To begin with, Bitteks is allegedly owned by Bittex Ltd, a company operating under the laws of Saint Vincent and the Grenadines. 

Therefore, we have high suspicions about Bitteks regulation. In addition, for those who haven’t gotten the chance to learn, this offshore country has an FSA financial register that directs brokers to apply for Tier 1 licenses in the country where they operate. It means that Bitteks would need a license from ASIC, AMF, FCA, or a similar organization.

What’s Wrong With Bitteks License?

We have found no information regarding Bitteks forex brokerage in the registers above. This means you’re dealing with an unlicensed scheme with no problems violating terms and conditions and stealing funds since no official supervisor is responsible.

It would help if you avoided any offers coming from Bitteks trading scam. MBInvest, Fair Forex, and GXCM are also scammers to prevent.

Review of Bitteks: Is Bitteks, a Scam Broker?

The clients assume they have been dealing with a legal brokerage from their own country when the broker offers Australian and the UK support numbers. In the end, however, everything went downhill once they invested. All account managers at Bitteks give you excuses for not making withdrawals, according to Bitteks reviews. 

Bitteks is one of those brokers who write their own reviews to increase their ratings. Be careful when reading and pay attention to every detail. The following is an example of an honest Bitteks review.

No Money Withdrawal Guarantees

The broker is unregulated, so there are no guarantees for your funds. In addition, there is no compensation fund to use for withdrawals, and no regulator will assist you in this matter. 

Among the ways Bitteks prevents withdrawals are bonus agreements in which clients agree not to withdraw until they reach an impossible rollover. There is only one problem – nobody will inform you of this until you withdraw. Beware of Bitteks scams and not become the next victim.

What to Do If You Fall For A Bitteks Scam? – File A Complaint

In summary, you should file Bitteks complaints like many others before you. Hence, if you have any negative experiences with this fraudulent firm, please get in touch with us via online chat. 

Global Fraud Protection’s job is to assist you in filing a dispute against fraudsters and reclaiming your rightful possessions. Let’s get started on the solution before it’s too late – book your free consultation with one of our advisers today!