With the increasing popularity of cryptocurrency and online trading, it is essential to choose a broker that you can trust. One broker that has recently come under scrutiny is Bitcgrade.com. In this article, we will explore whether or not Bitcgrade.com is a scam or a legit broker.
Is Bitcgrade.com a Scam or a Legit Broker?
For being a licensed or authorized broker, a company needs to have authorization from FCA or FinCEN, or other regulatory organizations. But, we did not find any information on their license or authorization. We also searched other regulatory organizations’ websites. But we did not find any information. It is clear that they are not regulated.
Why Should Not You Trust an Unlicensed Broker?
If you choose to trade with an unlicensed broker, you have no way of knowing if your money is safe or if the broker is even legitimate. Unlicensed brokers operate without any oversight, which leaves traders vulnerable to potential scams and unethical practices. It is always best to use a licensed broker to protect yourself and your investment.
Can Bitcgrade.com Be Trusted?
It is clear that Bitcgrade.com cannot be trusted as they don’t have any kind of regulation or license. We recommend not trusting this company.
What Do Traders Think Of Bitcgrade.com?
We found several negative reviews on this company. Most are about their withdrawal policy. Also, we received several complaints about this company.
Scammed by Bitcgrade.com Broker? – Talk To Our Experts
If you have been scammed by Bitcgrade.com or any other broker, just submit a report to us. Our experts will analyze the case and then contact you. In a free consultation, they will guide you and give you some recommendations for some good recovery companies to get back your lost funds.
If you have lost money to companies like thehideaways, IFX Brokers, or Pepperstone, please report it today by bellow form.
