Company -Bit Fx Profits
Email N/A Address 101
West Broadway, San Diego, CA 92101, USA
BitFxProfits falsely claims to be regulated, but is actually unregulated!
Details of BitFxProfits
BitFxProfits is a Bit Fx Profits-owned online trading broker with a US address of 101 West Broadway in San Diego, California 92101.
They have a phone number of +12534263486 and an email address of N/A.
You can find their website at bitfxprofits.com.
Traders’ Views on BitFxProfits Review
Doing extensive research on the businesses and organisations you intend to donate the monies to is the first step in defending yourself against shady individuals online. There may probably already been other users of the service who have posted their comments and feedback online on various forums.
After doing some research on social networking sites (such as Facebook, Twitter, and Instagram) and online trading forums, a common theme of users’ dissatisfaction with BitFxProfits developed. This customer feedback suggests that BitFxProfits is an unreliable broker, so extra caution should be exercised before making any investments using their brokerage platform.
There are many brokers out there who use fictitious company names or engage in other fraudulent activities. A little amount of prior investigation can go a long way toward safeguarding your finances and yourself.
BitFxProfits: Is it a Scam or Legit?
Finding out about their certification should always be the first and most crucial step when looking for brokers to use for your trading operations (s). This will reveal whether BitFxProfits is an offshore and/or unregulated firm or whether they are subject to centralised regulation.
When a broker is unregulated or is regulated by a body that is not in your country, you have little to no legal remedy if your money is stolen. If there is theft, complaints can only be filed if the broker has a licence from the regulatory body in your country. The following are a few instances of regulatory bodies that provide brokerage licences:
The Securities and Exchange Commission of Cyprus (CySEC)
Finance Conduct Authority (FCA)
Securities and Investments Commission of Australia (ASIC)
A broker should be avoided if they are unlicensed and cannot obtain a licence from the regulatory body in your country. Even if the brokerage is regulated, it is advised to stay away from it if the regulator is based somewhere else.
How Do Trading Scams Online Operate?
One of the most common online trading scams is showing positive trades at first to deceive investors into believing they will make money quickly. Following the development of this confidence, the investor will be persuaded to invest more money in order to receive higher returns. Other rewards might also be offered to entice investors to invite their friends and family to use the site.
The brokerage will proceed to suspend the account and prevent the investor from accessing the funds until they have taken all available cash from the investor and those in his or her network.
In an effort to gain the trust of unwary investors, many dishonest businesses may even assert that they are based in a regulated area and show fictitious regulatory licences and addresses on their websites.
Be cautious and check your information from several different sources. Sending money online should always be done with extreme caution.
More information on trading fraud:
Binary choices CFD Scams Scams
Forex Scams Cryptocurrency Scams
BitFxProfits Scammed You, Right?
Don’t be upset if you lost money using BitFxProfits. There have been others before you, and there probably will be more. Even the most diligent investors occasionally make mistakes, which should be viewed as a teaching opportunity.
Chargeback Is The Answer!
After reading BitFxProfits Review, it is clear that anyone can be scammed by them.
The good news is that assistance is accessible. The crew at Scam Victims Help , a specialised company devoted to assisting customers in recovering monies lost online, is available around-the-clock and has assisted customers worldwide in recovering millions of dollars.
In this endeavour, using a reliable service like Scam Victims Help is essential because a standard chargeback process may frequently be complicated and drawn out without the proper direction.
Following completion of the aforementioned form and confirmation of your eligibility for their programmes, Scam Victims Help will assist you in creating a strong argument to recover your monies as quickly as feasible.
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