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BITBinvest

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Operating status: SCAM

Website: https://bitbinvest.co/

Broker violations and abnormal records
  • 2025-03-31 The FINMA issues a warning against BITBinvest

    On April 1st, 2025, the Swiss Financial Market Supervisory Authority (FINMA) issued a warning against BITBinvest, stating that this broker is not entered in its commercial register. https://www.finma.ch/en/finma-public/warnungen/warning-list/bitbinvest/

    On April 1st, 2025, the Swiss Financial Market Supervisory Authority (FINMA) issued a warning against BITBinvest, stating that this broker is not entered in its commercial register. https://www.finma.ch/en/finma-public/warnungen/warning-list/bitbinvest/
  • 2025-04-01 BrokersView has reviewed that BITBinvest is an unregulated broker

    BITBinvest, despite claiming to be reliable, fails to provide any useful information to prove its legitimacy and regulatory compliance. While it claims to be domiciled in Switzerland, there are no indications that it is commercially registered with the Swiss Financial Market Supervisory Authority (FINMA). To advise investors to stay away from this unregistered entity, the FINMA issued a warning against BITBinvest.

    In essence, BITBinvest 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.  BITBinvest appears to be a scam. 

    BITBinvest, despite claiming to be reliable, fails to provide any useful information to prove its legitimacy and regulatory compliance. While it claims to be domiciled in Switzerland, there are no indications that it is commercially registered with the Swiss Financial Market Supervisory Authority (FINMA). To advise investors to stay away from this unregistered entity, the FINMA issued a warning against BITBinvest. In essence, BITBinvest 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. BITBinvest appears to be a scam.

Related Complaints

Q&A

2 comments

Lyndon Bubner
DO NOT TRUST BITBINVEST. ITS A SCAM. AFTER AN INITIAL MINIMAL DEPOSIT FOR A ONLINE TRADING ACCOUNT, YOU WILL BE ASKED FOR A SUBSTANTIALLY GREATER DEPOSIT. YOU CANNOT CONTACT THEM. THEY DONT REPLY TO REQUESTS.THEY WILL NOT ALLOW YOU TO WITHDRAW YOUR FUNDS. THEY WILL ASK FOR MORE MONEY TO ENABLE A WITHDRAWAL. IT IS A SWISS COMPANY, RUN OUT OF A UK WEBSITE ASKING FOR DEPOSITS IN USD.DONT BE FOOLED. IT LOOKS AND SOUNDS LEGIT BUT IT FAR FROM IT. STAY AWAY. YOU WILL LOSE YOUR MONEY.WHEN I ASKED TO CLOSE MY ACCOUNT, IT TOOK 3 MONTHS TO BE CONTACTED AFTER ASKING 15 TIMES FOR A CALL ( U CANNOT CALL THEM, ONLY REQUEST A CALLBACK.) THEY WANTED MORE MONEY TO CLOSE MY ACCOUNT AND RETURN MY MONEY.
2025-05-13
1
Reply
Lyndon Bubner
DO NOT TRUST BITBINVEST. ITS A SCAM. AFTER AN INITIAL MINIMAL DEPOSIT FOR A ONLINE TRADING ACCOUNT, YOU WILL BE ASKED FOR A SUBSTANTIALLY GREATER DEPOSIT. YOU CANNOT CONTACT THEM. THEY DONT REPLY TO REQUESTS.THEY WILL NOT ALLOW YOU TO WITHDRAW YOUR FUNDS. THEY WILL ASK FOR MORE MONEY TO ENABLE A WITHDRAWAL. IT IS A SWISS COMPANY, RUN OUT OF A UK WEBSITE ASKING FOR DEPOSITS IN USD.DONT BE FOOLED. IT LOOKS AND SOUNDS LEGIT BUT IT FAR FROM IT. STAY AWAY. YOU WILL LOSE YOUR MONEY.WHEN I ASKED TO CLOSE MY ACCOUNT, IT TOOK 3 MONTHS TO BE CONTACTED AFTER ASKING 15 TIMES FOR A CALL ( U CANNOT CALL THEM, ONLY REQUEST A CALLBACK.) THEY WANTED MORE MONEY TO CLOSE MY ACCOUNT AND RETURN MY MONEY.
2025-05-13
Reply
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