Bit Block FXtrades Review – Is the broker a scam or legit?

Are you planning to trade with Bit Block FXtrades broker? Or you have already invested money and want to know that Bit Block FXtrades is legit or scam? Read this Bit Block FXtrades Review written by Scam Helpers’ experts.

The United States Commodity Futures Trading Commission (CFTC) issued a warning on April 21, 2023, that Bit Block FXtrades is not registered with the CFTC.

Bit Block FXtrades claims to be a Commodity Futures Trading Commission (CFTC) licenced FCM and RFED, as well as a member of the National Futures Association (NFA # 0339678). The CFTC, however, denied the claim. The Commission issued a warning on April 21, 2023, saying Bit Block FXtrades is not registered with the CFTC.

The truth is that Bit Block FXtrades is not governed by any authorities. Allowing this broker to hold or control investors’ funds is risky, and the funds are not protected by any laws. As a result, it is a hoax.

Website: https://bitblkft.com/

Address: AR_7 Jasper, AR 72641, United States

Regulated? Unregulated

Domain Age Information of Bit Block FXtrades

Domain Name bitblkft.com
Date Registered September 10, 2022
Domain Age 7 months, 24 days, 8 hours, 29 minutes, 8 seconds

Bit Block FXtrades Review – How safe is to invest here?

Scam Helpers Team which has done a lot of work in researching for Bit Block FXtrades Review, advises investors not to invest in Bit Block FXtrades, as it is suspected to be a potential scam broker. It is advised to first look at what other people are saying about the company you wish to invest in to prevent being conned by an investment scam plan.

After conducting some research on investing forums and social media platforms, we learned that many people had negative experiences with Bit Block FXtrades and left conflicting opinions about it. You should examine it before making an investment because it appears that Bit Block FXtrades is an unreliable investment company. Read a complete Bit Block FXtrades review, and you’ll see that not all things are as good as they appear. 

Risk is an integral part of every type of trading. A genuine investment provides the broker with an excellent opportunity to earn a profit if they make the right decisions. We have done profound exploration, looked at various brokers and trading conditions, and prepared a comprehensive list of scam brokers 2023 to aid your decision-making.

Deposit And Withdrawal Methods And Fees

There is a reason why these fraudsters, as well as many other scammers, would frequently advise you to deposit in cryptocurrency. You cannot get a chargeback on such transactions because they are entirely irreversible and all of them are recorded in a ledger that cannot be modified later. Depositing money with scam brokers is therefore, rarely a good idea. If you have already invested your money with Bit Block FXtrades, you should immediately ask for a withdrawal as your money is not safe with an unregulated broker.

With Bit Block FXtrades, if you ask for a withdrawal, they will postpone the process by giving some reasons for a long time so you can find no alternative to file a complaint. 

How to keep yourself safe from scam brokers?

  • Do good research about the broker. Go through reviews and pick a broker with positive reviews. A conventional web search can give experiences into whether negative remarks could simply be a disappointed broker or something more serious.
  • If you face some issues, discuss them with your broker. If it doesn’t go well, file a complaint and share your experience online with everyone.

Is Bit Block FXtrades broker Legit or a scam: Conclusion

It is clear from Bit Block FXtrades review that this broker is not right for trading. We unequivocally encourage all traders and investors to keep away from Bit Block FXtrades and similar brokers. If you really want to trade online, find a broker who is regulated and has trusted and positive reviews.

Scammed by Bit Block FXtrades? Scam Helpers can help

If you are a victim of Bit Block FXtrades scam, or other scams like forex scam, cryptocurrency scam, binary scam, etc., file a complaint here to get your funds back. Scam Helpers can process your complaint and help you in fund recovery. We should begin and determine the matter before the harm is considerably greater. Your one step can save you and other people from being cheated by such brokers.

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The information on this website is for general purposes only and not a professional advice. We do our best to ensure accuracy but cannot guarantee it. Website visiors should seek professional advice before making any decision. We are not liable for errors or actions taken based on the information we have provided. Referrals to third parties may result in compensation as an affiliate.