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BITGROWTH LIMITED

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Risk Level - High

Scam Evidence & Warnings

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The FCA adds BITGROWTH LIMITED to its warning list On January 15, 2024, the Financial Conduct Authority (FCA) issued a warning against BITGROWTH LIMITED, believing this company might be providing financial services or products without proper authorization in the UK. https://www.fca.org.uk/news/warnings/bitgrowth-limited

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BrokersView has reviewed that BITGROWTH LIMITED is an unregulated financial company BITGROWTH LIMITED provides a link to the Companies House (CH) and a certificate image on its website to support its legitimacy in the UK.It is crucial to note that almost all individuals or businesses seeking to provide financial services in this country are required to be authorized by the Financial Conduct Authority (FCA). However, a warning issued by the FCA explicitly suggested that BITGROWTH LIMITED is not authorized by the British regulator and could be a potential scam.Given its unlicensed status, entrusting BITGROWTH LIMITED with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds.BITGROWTH LIMITED appears to be a scam.

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BrokersView has identified that BITGROWTH LIMITED's website is currently offline BrokersView found that the domain "https://bit-growthlimited.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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When is Swap applied on BITGROWTH LIMITED? Prior to making any investment decisions, it is crucial to conduct thorough search on the trading platform. Given its unlicensed status, we strongly suggest investors stay away from BITGROWTH LIMITED, regardless of how attractive its offers are.BITGROWTH LIMITED, despite displaying a Companies House link and certificate on its website, lacks the necessary Financial Conduct Authority (FCA) authorization, as indicated by an FCA warning. This unregulated status makes it risky for investors due to the absence of legal safeguards.BITGROWTH LIMITED could lead to fraud and identity theft, and therefore traders should avoid it. To have a safer trading environment, it is recommended to choose fully regulated brokers instead. View Source

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