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Bit Options Pro

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Risk Level - High

Scam Evidence & Warnings

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The UK regulator FCA issued a warning against Bit Options Pro The Financial Conduct Authority (FCA) issued a warning against Bit Options Pro on Mar 24, 2023 after finding it providing financial products or services in the UK without authorization: https://www.fca.org.uk/news/warnings/bit-options-pro

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BrokersView has reviewed that Bit Options Pro is an unregulated broker Bit Options Pro claims to be a fully certified and licensed company under the name Bitcoin Explorer Limited with Company number 11188393. We did find this firm in the registry of Companies House (CH). However, it should be noted that the CH is only a UK's registrar of companies without legal authority to issue forex licenses and regulate forex activities. That means, what this broker claims about its regulatory status is a false statement to unsuspecting investors. In addition, the Financial Conduct Authority (FCA), the empowered authority to regulate financial industry, has issued a warning against Bit Options Pro, believing it might be providing financial products or services in the UK without authorization.The truth is, Bit Options Pro is not regulated by any regulators. Letting this broker hold or control investors' money is unsafe, and the money can not be protected by any laws. Therefore, it is a scam.

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BrokersView has identified that Bit Options Pro's website is currently offline BrokersView found that the domain "https://www.bitoptionspro.com/" is currently inaccessible. This is widely regarded as a significant red flag, as the suspension of a broker's website often points to underlying regulatory or operational issues.

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