The brokerage firm claims to “prioritize customer satisfaction and success”, In addition, it offers a unique trading experience in global markets through an innovative trading platform. However, the firm does not document its registration in the UK, where its office is supposedly located, nor does it show a copy of its license.
Can you invest money in this company without any doubt and will you be able to trade safely here? Our Bits4Hold review will help you make sure that this broker is honest or, on the contrary, will warn you against making the wrong decision.
How to Trade
The hero of our review offers traders to earn by trading 5 asset classes, including stocks and indices. You will be able to choose from 5 account options. You will get the opportunity to:
- Use a bonus from 5 thousand to 1 million euros.
- Trade with leverage from 1:1 to 1:100.
- Register an account for Islamic trading.
In addition, the broker claims that there are no additional costs or hidden fees. The firm promises to fulfill clients’ withdrawal requests within 1-3 business days.
You can participate in meetings with analysts and use the services of an accountant. There is a blog on the site, but only 2 articles were posted in April 2024.
Bits4Hold Vital Info
The brokerage company does not disclose the names of the owners and the date of its founding. We could find out the life of the platform, for example, by looking at the certificates of incorporation, but such documents are not available on the website. In this case, we have to focus on the date of domain creation – it is April 2024. Consequently, the organization began its financial activities quite recently.
We requested the global registry of legal entities and did not find Bits4Hold in it. This suggests to us that the broker does not have a license, although it should have obtained permission for financial activities from the British regulator, since the company’s office is supposedly located there. However, a search of UK FCA listings revealed that the brand is not licensed. So, is the brokerage firm operating illegally?
This is a lousy broker!!! I could only withdraw $730 from a profit of $3,480!!! The answers to my questions were as follows: “according to your tariff, you can only withdraw such amounts”. When I ask the managers about the deposit body, they start dodging the answer. This is a terrible service! I haven't left BITS4HOLD yet, but I'm waiting for the perfect time, hoping to get all my money back! I fear the resource owners will take all my funds and leave me with nothing!
In three weeks, my brother and I lost about 32 thousand dollars on this site. The scammers at BITS4HOLD know how to convince customers of a profitable strategy and simulate trading. This company is worth nothing, but its owners have huge appetites!!! Our first investment was $10 thousand, then we got a call from the company and were asked to add more money to our account. We added money and got bonuses, but we did not withdraw anything. Then we had a couple of successful trades and the amount became bigger. Again we got another call, again we heard: give us more money. We did. We had no reason to worry. However, when I decided to withdraw a couple thousand dollars, I made a terrible discovery for myself, it turned out that the scammers were not going to withdraw funds. The owners of bits4hold.com do not withdraw money, it's a scam!!!
Good broker. Convenient site. I am pleased with the availability of a separate wallet for storing funds. The plus is that the broker does not have accounts with small deposit amounts, this indirectly tells us that the company is not engaged in fictitious execution of orders, but actually brings transactions to the market. I registered very quickly at bits4hold.com, although I had to provide some important documents. I started working with this company for 20 thousand dollars, beforehand I tested all the features on a demo account as my manager advised me. I can say that everything works really stable, I didn't see any differences in performance between demo and real accounts, all features including speed and quality of execution are absolutely identical. I didn't see any incredible deviations in the charts, and I didn't notice any other unpleasant surprises during my time. The support is competent. I deposited money two weeks ago and have already earned more than 30% of the deposit amount. Bits4Hold works perfectly. I only use the chart, trade without any assistants, and only work on the lines. I divided the funds into two accounts and now I will only trade with the money I earned. I haven't made any withdrawals yet, but I'm sure the withdrawals here work well, although I can't give a maximum rating for that reason.
I have been trading here for about two months, and I can honestly say that I like everything. The conditions that the broker provides are great and it was hard for me not to be interested in them. The trading platform is efficient at Bits4hold and the program responds instantly to all requests. I invested £14,000 initially and after a month I funded my account with another £6,000. I'm very lucky to have a dedicated account manager, he is competent in trading and helps me at all times. The order execution is rated 5 points by me. Everything works very fast, no freezes. There is no strong sliding of orders on news. Stop-losses close trades according to the market. In addition, trading conditions here are also good, there is a good choice of instruments and low spreads. Basically, I trade short-term positions, I use crypto, so the conditions of Bits4hold suit me perfectly, and I have no complaints about trading. The platform fully corresponds to my energetic trading pace! The huge selection of currency pairs and assets allows me to be flexible in my strategies, and I have increased my initial deposit by 35% in the last month! The customer service is always ready to help me and does everything to make trading comfortable and dynamic! I withdrew £3,200 for the first time and I was pleasantly surprised - the money arrived in my account within 24 hours! Not only do I feel the pleasure of a successful strategy, but I am also thrilled with such promptness of Bits4hold! I do not think there is anything negative about the service. The broker gives earnings to its clients, and I believe that this is the main thing. Yes, to work comfortably with the mobile program Bits4hold, you will need a more modern and productive phone. However, you should consider quality tech if you decide to make good money from trading. I am not promising you that everything works perfectly at bits4hold.com, but I can't say anything very bad about this site. I advise everyone to try trading here, you will be convinced that this service is worth it. You can only have positive impressions from such trading, I am happy to recommend this company!!!
I started trading with 10,000 euros and for the first couple of days everything was fine, but then some nonsense started happening with the quotes. They didn't match the charts, so I agonized for three days and decided that I shouldn't take any risks with bits4hold. I started the process of withdrawing money and I got a 404 error. I called tech support and the operator told me that he didn't know the reason, maybe it was due to the security service's suspicion of money laundering or it could be a technical glitch, I was advised to try to update the withdrawal request later. However, I haven't withdrawn the money after a week or two... I think bits4hold is a scam.
I looked at this site, and the promises here are not bad. Well done, developers, all the functions are described in detail and each trader understands what he has to work with. However, one question worries me: where are the documents? :) Brokers should not hide such important things, or users may have bad suspicions, I know it from myself.