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BIT PRIME ASSET

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Operating status: SCAM

Website: https://bitprimeasset.com/

Broker violations and abnormal records
  • 2024-07-25 The FCA adds BIT PRIME ASSET to its warning list

    On July 26, 2024, the Financial Conduct Authority (FCA) added BIT PRIME ASSET to the warning list for offering financial services or products without their permission. https://www.fca.org.uk/news/warnings/bit-prime-asset

    On July 26, 2024, the Financial Conduct Authority (FCA) added BIT PRIME ASSET to the warning list for offering financial services or products without their permission. https://www.fca.org.uk/news/warnings/bit-prime-asset
  • 2024-07-28 BrokersView has reviewed that BIT PRIME ASSET is an unregulated broker

    According to its website, it claims to be a reliable broker. However, no detailed regulatory information is displayed on the website for inquiry. In addition, it is located in the UK. Upon investigation, we found that the Financial Conduct Authority (FCA) added BIT PRIME ASSET to the warning list for offering financial services or products without their permission.

    In essence, BIT PRIME ASSET is not regulated by any governing body. Entrusting it with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds.

    BIT PRIME ASSET appears to be a scam.

    According to its website, it claims to be a reliable broker. However, no detailed regulatory information is displayed on the website for inquiry. In addition, it is located in the UK. Upon investigation, we found that the Financial Conduct Authority (FCA) added BIT PRIME ASSET to the warning list for offering financial services or products without their permission.In essence, BIT PRIME ASSET is not regulated by any governing body. Entrusting it with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds.BIT PRIME ASSET appears to be a scam.

Related Complaints

Q&A

BIT PRIME ASSET: scam?

Aso Karimi
Canada
2024-08-16
ANSWER Dear Investor,We are concerned that BIT PRIME ASSET is a scam.Identical to other fraudulent brokers: The design and content of the site are similar to those of scam brokers previously flagged by us.Lack of licensing details: BIT PRIME ASSET does not provide any valid regulatory information for verification, indicating that it is likely not regulated.FCA warning: Despite claiming to be located in the UK, BIT PRIME ASSET has received a warning from the Financial Conduct Authority (FCA) for lacking the required authorization.Therefore, BIT PRIME ASSET is not legitimate. Investors dealing with it may risk losing their funds without viable ways to get refunds. We strongly advise against using BIT PRIME ASSET.
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