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.

Bits4Hold states in its rules that any client request or instruction may be rejected.

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?

FAQ

What are the key facts about Bits4Hold?

The start date of the project, the names of its founders, the registration number of the firm, and whether it has a license are not disclosed on the official website. The anonymous owners indicated the office address as a road junction in central London, where there are no buildings. The organization is not included in the registers of any jurisdiction.

What's the risk to my wallet when working with this broker?

Apart from the lack of registration and regulatory documents of the company, there are other alarming signals about the risk of cooperation with it. For example, CFDs with a leverage of 1:100, which is limited to 1:30 in the UK.

How can I give my thoughts about www.bits4hold.com?

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