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Legitimatebitcoin

Operating status: SCAM

Website: https://legitimatebitcoin.com/

Broker violations and abnormal records
  • Jul 13, 2022 The UK FCA Added Legitimatebitcoin into Its Warnings

    On 14 July 2022, the United Kingdom Financial Conduct Authority (UK FCA) issued a warning that Legitimatebitcoin is providing financial services or products in the UK without authorisation. You may visit: https://www.fca.org.uk/news/warnings/legitimatebitcoincom

    On 14 July 2022, the United Kingdom Financial Conduct Authority (UK FCA) issued a warning that Legitimatebitcoin is providing financial services or products in the UK without authorisation. You may visit: https://www.fca.org.uk/news/warnings/legitimatebitcoincom
  • Jul 14, 2022 BrokersView has Reviewed that Legitimatebitcoin is an Unregulated Forex Broker

    Legitimatebitcoin claims to be a reliable broker without presenting any information about its regulation. The lack of such important information may be a distinct signal of unlicensed broker, as regulated brokers always present their accreditations and regulations in a prominent position. It is a red flag. 

    Legitimatebitcoin also claims to be a UK-based firm. As per the United Kingdom law, all firms and individuals offering, promoting, or selling financial services or products in the UK shall be authorized by the United Kingdom Financial Conduct Authority (UK FCA). We searched UK FCA but only found a warning. UK FCA issued a warning that Legitimatebitcoin is providing financial services or products in the UK without authorisation.

    That means Legitimatebitcoin is not regulated by any regulators. Letting this broker hold or control investors' money is unsafe and the money can not be protected by any laws. Therefore, it is a scam.

    Legitimatebitcoin claims to be a reliable broker without presenting any information about its regulation. The lack of such important information may be a distinct signal of unlicensed broker, as regulated brokers always present their accreditations and regulations in a prominent position. It is a red flag. Legitimatebitcoin also claims to be a UK-based firm. As per the United Kingdom law, all firms and individuals offering, promoting, or selling financial services or products in the UK shall be authorized by the United Kingdom Financial Conduct Authority (UK FCA). We searched UK FCA but only found a warning. UK FCA issued a warning that Legitimatebitcoin is providing financial services or products in the UK without authorisation.That means Legitimatebitcoin is not regulated by any regulators. Letting this broker hold or control investors' money is unsafe and the money can not be protected by any laws. Therefore, it is a scam.
  • Nov 22, 2022 BrokersView has found that Legitimatebitcoin is not working

    BrokersView found the domain "https://legitimatebitcoin.com/" is not working, as most probably it was suspended and it is always a bad sign when broker's website is suspended.

    BrokersView found the domain "https://legitimatebitcoin.com/" is not working, as most probably it was suspended and it is always a bad sign when broker's website is suspended.

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