The UK FCA issued a Warning against BITLYCO On 4 January 2024, the United Kingdom Financial Conduct Authority (UK FCA) issued a warning that BITLYCO was providing financial services or products in the UK without authorisation. You may visit: https://www.fca.org.uk/news/warnings/bitlyco
BITLYCO
VisitRisk Level - High
BITLYCO
Risk Level - High
Scam Evidence & Warnings
BrokersView has Reviewed that BITLYCO is an Unregulated Broker The scam website uses website templates commonly used by fake traders. This template comes with fixed content and icon design. After inspection, it was found that the scammer only changed his brand name and did not make corresponding corrections to the regulatory information on the website. It further proves that this website was probably built in a hurry to cater to and attract unsuspecting investors. And this is not the first case of scammers we have discovered.Assetsgrowths, a deceitful trading platform that BrokersView has flagged, shares almost the same content and graphic designs as BITLYCO. You can refert to the provided link https://www.brokersview.com/brokers/assetsgrowths to see our detailed investigation report. This can help investors better understand the situation.In addition, the United Kingdom Financial Conduct Authority (UK FCA) issued a warning that BITLYCO was providing financial services or products in the UK without authorisation.The truth is that BITLYCO is not regulated by any regulators. Letting it hold or control investors' money is unsafe, and the money can not be protected by any laws.BITLYCO is a scam.
The CNMV blacklists BITLYCO On April 14, 2025, the Comisión Nacional del Mercado de Valores (CNMV) has added BITLYCO Grant to its warning list for providing investment services without authorization. https://www.cnmv.es/Portal/ResultadoBusqueda?tipo=1&nombre=BITLYCO
BrokersView has identified that BITLYCO's website is currently offline BrokersView found that the domain "https://bitlyco.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.
What are the spreads on BITLYCO? We strongly suggest you avoid BITLYCO, an unlicensed trading platform.Firstly, the broker employs a website template frequently associated with fraudulent activities. This template provides pre-written content and graphic designs, which undermines its credibility. Our investigation indicates that it is an unlicensed platform and has received a warning from the Financial Conduct Authority (FCA) in the UK.In light of this, regardless of its trading conditions, it is strongly advised to stay away from BITLYCO. To reduce the risks, it is recommended to choose fully regulated brokers. View Source
WeConnectFX Support
Try asking
Welcome to WeConnectFX Support
I can help with account setup, profile changes, navigation, support contact, and general platform questions.