Big Bit Market claims to be owned and operated by Big Bit Market LTD but does not mention any details of its regulation. Lacking regulatory information may be a distinct characteristic of unlicensed brokers, as legit brokers always present their authorizations and licenses in a prominent position. 

Besides, Big Bit Market presents three different contact tel numbers belonging to Canada, Australia, and the United Kingdom. As per this info, we searched several regulatory bodies in the above countries, including:

1) The UK Financial Conduct Authority (FCA);

2) The Australian Securities & Investments Commission (ASIC);

3) The Investment Industry Regulatory Organization of Canada (IIROC).

However, we did not find any match results to Big Bit Market in the above watchdogs' registries. That means Big Bit Market 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. 

BrokersView found that the domain "https://bigbitmarket.com/" is currently inaccessible. This is widely regarded as a significant red flag, as the suspension of a broker's website often points to underlying regulatory or operational issues.