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BidAskBit

Operating status: SCAM

Website: https://bidaskbit.com/

Broker violations and abnormal records
  • Apr 25, 2023 BrokersView has Reviewed that BidAskBit is an Unregulated Broker

    BidAskBit claims to be marketed and operated by ACE HOLDINGS LIMITED with authorization number 13403160. One thing that the company forgot to mention is by which authority and in which country it is supposedly licensed – and since we were not provided with any sort of address either, we were unable to figure out which register we should check. The truth is that BidAskBit is not under valid regulation by any regulators to do forex. Investors' funds in this broker are unsafe and cannot be protected by any law. Therefore, it is a scam.

    BidAskBit claims to be marketed and operated by ACE HOLDINGS LIMITED with authorization number 13403160. One thing that the company forgot to mention is by which authority and in which country it is supposedly licensed – and since we were not provided with any sort of address either, we were unable to figure out which register we should check. The truth is that BidAskBit is not under valid regulation by any regulators to do forex. Investors' funds in this broker are unsafe and cannot be protected by any law. Therefore, it is a scam.

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Risk Warning:

FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.

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