Do You Want to Know If FXBitCapital Is Legitimate or a Scam? 

FXBitCapital says it offers a wide selection of assets, including forex, derivatives, commodities, bonds, cryptocurrencies, and precious metals and special types of trading, including social trading, but it holds a third-tier license that is not dependable. FXBitCapital says it has a license from St. Vincent and the Grenadines, which is a regulator that provides no oversight for consumers. 

There Are Some Problems with FXBitCapital

We recommend trading only with brokers that have reliable licenses. St. Vincent and the Grenadines does not have a solid reputation and is a broker that looks good up front, but does not provide value for its customers. For instance, it boasts of many trading assets and MetaTrader 4, which is a popular trading platform, but it has a low-tier license and allows clients to fund accounts only with cryptocurrency, which raises suspicions of the broker wanting to avoid having to return money to clients. 

Red Flags that FXBitCapital Could Be a Scam Broker

• Offshore license 
• No transparency
• False claims
• Bad reviews
• Accepts only cryptocurrencies as a payment method

If You Need Fund Recovery from FXBitCapital, Talk to Us

We create these reviews to warn consumers about brokers and schemes that may be fraudulent. If you have an account with FXBitCapital close it and request a withdrawal. If you are not given your money back, contact Broker Complaint Registry right away. We will consult with you, work to track down your funds and create investigative reports, and will assist with fund recovery efforts.