The brokerage company claims to have been in the stock market for over 20 years. In a presentation on its home page, it claims to have “excellent results and client confidence”. Meanwhile, the firm does not disclose its legal address or mention any licenses.
Is this intermediary a “trusted partner”? Will you achieve “financial prosperity” with it or lose all your investments? You will find the answers to these questions in our Bit Financial review and learn about the legitimacy of this broker and the quality of its service.
How to Trade
Customers get access to a “multi-market trading platform” to trade assets using leverage. The broker promises clients “benefit from price movements”, without owning the underlying asset. Here you will find the following offers:
- 3 tariff plans.
- Minimum deposits of 250/500-1,000/5,000 USD.
- Trading currencies, stocks, futures, commodities, cryptocurrencies, and CFDs.
Bit Financial does not disclose the size of spreads, leverage, and other trading conditions. In addition, the deposit/withdrawal procedure is also unknown.
The site does not have any useful tools or widgets such as online quotes and news. Although the broker promises to provide educational services and advanced support to registered clients.
Bit Financial Vital Info
The project does not disclose any information about itself. Even though the broker claims a 20-year service life of the resource and a team of experienced specialists, there is no evidence of this. What year was the company founded? How long has the team been working? This can be easily determined by the date of creation of the domain – from May 2024. So, the owners of the site greatly exaggerate the lifespan of their service.
The company hides its legal documents, and licenses are not mentioned at all on its website. As expected, we did not find this brand in the global database of legal entities. It is obvious that Bit Financial operates without any regulation. These are serious red flags, as is the lack of contact details or the firm’s address, as well as the repeatedly exaggerated period of operation.
I don't understand what happened with this broker, I have been waiting for over three weeks for BitFinancial to process my withdrawal request of 1,300 dollars. I invested 5,700 dollars here and I was able to earn another 2,120 dollars very quickly and I would like to withdraw this 1,300 dollars in order to test the withdrawal and feel the profit from trading, but my withdrawal request is not processed. I passed the verification, but these scammers do not contact me. You may know what the problem is and share your experience here. How can I withdraw my money or speed up this process?
I believed that the trading conditions here are cool - the manager called me and told me everything. I deposited 500$ but quickly lost almost half of it and I wanted to withdraw the balance, 257$, but the money is not coming to my bank card. I contacted tech support and questioned BIT FINANCIAL refunding customers. I did not hear any specific withdrawal date, no guarantees...must be a scam...
I regretted my decision to open an account here from the beginning, everything was bad in trading with this fake broker. I deposited 2,400 euros and that was my huge mistake. As soon as I deposited to an account with Bit Financial, problems started immediately. At first the orders were executed with such a delay that I just lost money on every market movement. I would place an order, and the price was already leaving, and the deal was opened only after that. I was not able to trade with profit, I only got nervous because of the horrible work of the terminal. Strange commissions appeared on the platform recently, they were not specified anywhere. The broker began to withdraw some incomprehensible amounts from each order. As a result, I was losing money even when I just opened positions. I wrote to support and asked: “What is this nonsense? They answered me: “This is a commission for platform maintenance”. What's that? No one warned me about them!!! But that's not all. Then the calls from Bit Financial's “experts” started. They said they would help me and everything would be fine, that they knew how I could make money. Good. I figured since I was losing money, maybe they could advise me on something useful. And what do you think? They helped me clear my deposit in a week! All their advice was wild nonsense. In the end, my 2,400 euros just dissolved on this site, and these experts did not even apologize...
THEY ARE SCAMMERS!!! DON'T BELIEVE THEM, THEY STOLE MY DEPOSIT OF 3,628 EUROS, IT'S A SCAM!
These clowns called me every day, asking me to deposit the minimum amount to start trading at $250. They promise to make a profit in a month from 30-40%! BitFinancial has no licenses, no regulation, the Internet is full of negative reviews about this scam broker!!!! Definitely, they are scammers!
I can't call BitFinancial a good company... I don't understand where their office is located and if there is any official document about the existence of this firm... I assume that they are scammers who sit in some rented apartment or shed and collect money from gullible people... I do not recommend anyone to deposit funds here! Don't believe them even if they promise you tons of gold.
The best option for you to save your money is to not interact with this firm. I am telling you this based on my analysis of this pseudo broker's website, I have made inquiries to Bit financial tech support and I have verified that there is no documentation of this scam, I can see that this broker is engaged in outright scamming people out of their money. The consultants told me about 100% reliability, about guarantees, about the fact that this firm is in the process of obtaining a license in the UK, that it is profitable to trade here, and that you can engage in passive investing, earning more than 20%. They told all these lies very convincingly, I think that many beginners will not be able to resist when they are offered to earn big money so easily. However, I only believe documents and not empty promises, so I quickly realized that if you deposited your balance with Bit financial, you can forget about it, as the scammers only work on accepting funds and withdrawals will not be available. I know how to tell the difference between honest trader reviews and fake ones, and I've made sure that everyone who has invested here has lost money, and they can't get a dime back. Some investors see their money on balance in their cabinet, but withdrawal is disabled on bitfinancial.info. I realize that these are just virtual numbers, not real money. That's why I'm telling you - don't dare to trade here!
I've been trading cryptocurrency for a little over 3 months, everything is ok. Managers send all the firm's documents to the client's email upon request, you only need to request them.
I regret that there are simpletons who deposited money here and think they are working with some professional broker. In fact, they are working with a scam, BIT FINANCIAL has not a single license, no guarantees and no signs of reliability.
This company has not developed a demo account and they do not let you trade without real money, and the client must invest 250 dollars. Where have you seen such conditions? Any adequate forex dealer allows you to work with amounts of 10 US dollars, but Bit financial has to invest more or less serious money at once. This is complete nonsense. Trading conditions are absolutely hidden, which is also an indicator of inadequacy. Maybe the owners of bitfinancial.info collect a database of personal data of people who want to trade on Forex? I would not trust such a dubious project.
I started trading with a minimum deposit. However, the managers of bit financial kept urging me to top up my balance and eventually I deposited almost 1,7k USDT. And when I realized that I should not even dream about any earnings, I started calling managers, writing and begging them to give me back at least part of the invested money, because I was left with no money at all :( Do you think they took pity on me? No, not at all! They blocked my number and all subsequent phone numbers I called from.
I will be brief. Bit Financial is 100% fraudulent, you should not waste your time or money on this scam. Swindlers do not have any licenses, do not have any offices, and on the Internet, you can find a whole bunch of fake reviews, which tells the most obvious nonsense, allegedly the company has 20 years of experience, many branches in different countries, that the firm is constantly applying for new licenses and other lies, which no sane person should believe. This scam is designed exclusively for traders without education, experience, and critical thinking. I hope I can help you save your own money by revealing the truth about this fraudulent firm.
I have nothing but pleasure trading on this platform! I have not met the best conditions for trading!! The attitude of the company's employees towards clients is worthy of special praise! Everyone is polite, attentive. However, I withdrew my first profit of $120 with a few problems.
This platform is very convenient. You will understand everything at a glance, even if you are not a super experienced trader. I was worried that I would get confused with the settings or tools when I first started trading with Bit Financial, but it turned out to be so intuitive that it didn't take me long to figure it out. I am satisfied with the fact that I can find the assets I need very quickly, I like that the charts load instantly and that all the indicators are located in a prominent place. The platform works in the browser, which is super convenient for me, I didn't have to download a program. All the tools for technical analysis are in one place: lines and patterns - everything is set up to work perfectly! I don't need to open 100 tabs all the time. In short, the platform is simple, but at the same time multifunctional. It is a great choice for those who appreciate convenience and speed of work.
SCAM!!!!!! These bastards stole 13K dollars from my account!!! What is this??? I was in contact with them, everything was going well. Bit Financial let me withdraw 600 dollars for a trial - everything was fine. Then I was trading crypto for over a month and I made a big amount of money, sent a request to withdraw 3K dollars and in 5 minutes there was already 0 in my account. I'm finding out with them the reason for writing off all the funds from the balance for 2 weeks now and I can't get anything. These crooks tell me that it was a technical failure on my side, and the firm is not responsible for problems of a technical nature. I see such a scam for the first time. Arrogant pigs!!!