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No Regulation
Score
1.46 /10
Danger
Forex Bit Option
2-5 yearsSuspicious Regulatory License
Suspicious Scope of Business
High potential risk
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Comparison
Expose
Exposure
Open Account
Website
Score
Regulatory Index0.00
Business Index6.63
Risk Management Index0.00
Software Index4.00
License Index0.00
Open Account
Website
Licenses
No valid regulatory information, please be aware of the risk
VPS Standard
No restriction on the broker account. Support service provided by WikiFX
Single Core
1G
40G
open now
Check whenever you want
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Warning: Low score, please stay away!
2
Previous Detection :
2024-09-22
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
- The current information shows that this broker does not have a trading software. Please be aware!
WikiFX Verification
Note: Forex Bit Option is to operate via the website - https://www.forexbitoption.com/ing21.php, which is currently not yet functional and no information about the company was immediately available. Therefore, we could only gather relevant information from the Internet to present a rough picture of this broker.
Risk Warning
Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.
General Information & Regulation
Forex Bit Option is allegedly a forex broker registered in the United States.
As this brokerage's website cannot be accessed, we were unable to obtain further details about its trading assets, leverage, spreads, trading platforms, minimum deposit, etc.
As for regulation, it has been verified that Forex Bit Option currently has no valid regulation. That is why its regulatory status on WikiFX is listed as “No License” and receives a relatively low score of 1.34/10. Please be aware of the risk.
Market Instruments
Forex Bit Option advertises that it is a forex broker that mainly offers forex trading. However, more specific information about tradable assets cannot be found on the Internet.
Customer Support
Forex Bit Options customer support can be reached by telephone: +1 (205) 304-4411, email: helpdesk@forexbitoption.com. Company address: 586 Mcardle Road Kinsey, Alabama 36303, USA.
Pros & Cons
| Pros | Cons |
| N/A | • No regulation |
| • Website inaccessible |
Frequently Asked Questions (FAQs)
| Q 1: | Is Forex Bit Option regulated？ |
| A 1: | No. It has been verified that Forex Bit Option currently has no valid regulation. |
| Q 2: | Is Forex Bit Option a good broker for beginners？ |
| A 2: | No. Forex Bit Option is not a good choice for beginners. Not only because of its unregulated condition, but also because of its inaccessible website. |
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