Is Northern Bits scam or Legit? – ScamHelpers Investigation shows that it is a scam.

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Why Northern Bits is a scam?

The location of Northern Bits’ base of operations appears to be much more to the south, in the infamous offshore jurisdiction of St. Vincent and the Grenadines, where many dubious brokers and outright con artists opt to register their shady, shadowy enterprises. Also, Northern Bits appears to be almost completely anonymous, so if you are still debating the concept of trading different forex pairings, indices, shares, cryptocurrencies, and commodities with a trading platform unlike any other, think again.

Northern Bits is an unlicensed provider of FX and CFD trading services. This Northern Bits review reveals that all of the promises made by the company regarding regulation and licensing are untrue.

A dreadful thing would be to lose money to con artists. Unregulated brokers are unable to offer numerous services including client funds segmentation, safeguards against negative balances, consumer protection, reporting on every transaction, and many more that globally regulated brokers can, such as these.

If you are scammed by Northern Bits broker, you can file a complaint in the complaint form on top. You can also share your experience with the broker as a comment.

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