The Italy CONSOB Added Bithebank into Its Warnings On 6 Oct 2022, the Italy Commissione Nazionale per le Società e la Borsa (CONSOB) issued a warning that Bithebank was not authorized to provide financial services in Italy. You may visit: https://www.consob.it/web/consob-and-its-activities/news-in-detail/-/asset_publisher/kcxlUuOyjO9x/content/press-release-of-6-october-20-1/718268

BrokersView has Reviewed that Bithebank is an Unregulated Forex Broker Bithebank claims to be a reliable broker without presenting any information about its regulation. The lack of such important information may be a distinct signal of an unlicensed broker, as regulated brokers always present their accreditations and licenses in a prominent position. It is a red flag. Moreover, the Italy Commissione Nazionale per le Società e la Borsa (CONSOB) issued a warning that Bithebank was not authorized to provide financial services in Italy. The truth is that Bithebank 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.

BrokersView has found that Bithebank is not working BrokersView found the domain "https://www.bithebank.com/" is not working, as most probably it was suspended and it is always a bad sign when broker's website is suspended.

Is Forex.ee a licensed broker? Bithebank is not a licensed or regulated broker even though it states offers that look good to be true. Bithebank claims to be a reliable broker without presenting any information about its regulation. The lack of such important information may be a distinct signal of an unlicensed broker, as regulated brokers always present their certificates and licenses in a prominent position. It is a red flag. Moreover, the Italy Commissione Nazionale per le Società e la Borsa (CONSOB) issued a warning that Bithebank was not authorized to provide financial services. You can check the full warning from here.The truth is, Bithebank is not overseen by any regulators. That means your personal data or your funds in this broker are unsafe and cannot be protected by any law. We would recommend traders stay away from unregulated brokers like Bithebank and trade with licensed brokers. View Source