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Global Broker Regulation & Inquiry App

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ByBitForex

United Kingdom|1-2 years|
Suspicious Regulatory License|Suspicious Scope of Business|High potential risk|

https://bybitforex.com/

Website

Rating Index

Contact

+1 3372920120
https://bybitforex.com/
4 Pierhead Veiw, Chandles Quay,Vale Of Glamorgan,Usa .

Licenses

No valid regulatory information, please be aware of the risk!

VPS Standard
*No restriction on the broker account

Single Core

1G

40G

1M*ADSL

Warning: Low score, please stay away!
2024-12-23
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

Basic information

Registered region
United Kingdom
Operating period
1-2 years
Company Name
ByBitForex
Abbreviation
ByBitForex
Company employee
--
Contact number
0013372920120
Company website
Company address
4 Pierhead Veiw, Chandles Quay,Vale Of Glamorgan,Usa .
Keywords 4
1-2 years
Suspicious Regulatory License
Suspicious Scope of Business
High potential risk
Website
Company Summary
Review

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Official website

Website

  • bybitforex.com

    Server Location

    United Kingdom

    Website Domain Name

    bybitforex.com

    Server IP

    141.136.39.64

Company Summary

ByBitForexBasic Information
Founded in1-2 years
Registered inUnited Kingdom
RegulationUnregulated
Customer ServicePhone:+13372920120 Company address: 4 Pierhead Veiw, Chandles Quay,Vale Of Glamorgan,Usa .

ByBitForex Information

ByBitForex was founded 1-2 years ago and is registered in the United Kingdom. However, it operates in an unregulated capacity, which may increase the risk associated with investing through this platform. Customer service can be reached via phone at +1 (337) 292-0120.

It is important to note that their website (https://bybitforex.com/) is currently inaccessible, which further heightens concerns about the platforms reliability.

ByBitForex Information

Regulatory Status: Is ByBitForex legit?

ByBitForex operates as an unregulated entity, which means it does not hold any licenses or approvals from recognized financial regulatory authorities. This lack of regulation can pose significant risks to traders and investors, as it implies that ByBitForex is not subject to the stringent oversight and compliance standards that regulated brokers must adhere to.

Consequently, users may face potential issues such as lack of transparency, security of funds, and recourse in cases of disputes or fraudulent activities.

Regulatory Status: Is ByBitForex legit?

Unavailable Website

The broker's website (https://bybitforex.com/) is currently inaccessible. This lack of online presence further increases the risk associated with investing through this platform.

Contact Information

The broker can be contacted at the phone number +1 (337) 292-0120. Their company address is 4 Pierhead View, Chandlers Quay, Vale of Glamorgan, USA.

Conclusion

The broker's short history, unregulated status, and inaccessible website raise substantial red flags. These factors suggest that potential investors should carefully evaluate the risks and consider seeking alternative, more established investment opportunities.

FAQs

What is the brokers history?

The broker was founded 1-2 years ago, which is relatively new compared to more established financial institutions.

Where is the broker registered?

The broker is registered in the United Kingdom.

How can I contact customer service?

You can reach customer service by phone at +1 (337) 292-0120. The companys address is 4 Pierhead View, Chandlers Quay, Vale of Glamorgan, USA.

What are the risks of investing with an unregulated broker?

Investing with an unregulated broker can be risky as there are no regulatory bodies to oversee the brokers practices, which could potentially lead to issues such as fraud or mismanagement.

What should I consider before investing with a new broker?

Before investing, consider factors such as regulatory status, the brokers history, customer reviews, and the accessibility of their online platform.

Risk Warning

Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies. In addition, the date on which this review was generated may also be an important factor to consider, as information may have changed since then.

Keywords

  • 1-2 years
  • Suspicious Regulatory License
  • Suspicious Scope of Business
  • High potential risk
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