The BCSC issued a Warning against Bitrade Market On 27 November 2023, the British Columbia Securities Commission (BCSC) issued a warning against Bitrade Market, stating that this broker is not registered to trade in, or advise on, securities or derivatives in BC. https://www.bcsc.bc.ca/enforcement/early-intervention/investment-caution-list/2023/bitrade-market

BrokersView has Reviewed that Bitrade Market is an Unregulated Broker Bitrade Market claims to be a reliable company without presenting any information about its regulation or contact. The lack of such important information may be a distinct signal of an unlicensed broker, as regulated companies always present their accreditations and licenses in a prominent position. It is a red flag. The British Columbia Securities Commission (BCSC) issued a warning against Bitrade Market, stating that this broker is not registered to trade in, or advise on, securities or derivatives in BC.The truth is that Bitrade Market 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.Bitrade Market is a scam.

The OSC issued a Warning against Bitrade Market On 5 January 2024, the Ontario Securities Commission (OSC) issued a warning that Bitrade Market was providing financial services or products in the UK without authorisation. You may visit: https://www.osc.ca/en/investors/warnings/bitrade-market

BrokersView has identified that Bitrade Market's website is currently offline BrokersView found that the domain "bitrade-market.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.

Is Bitrade Market a licenced platform? No, Bitrade Market is not a licensed trading platform.Bitrade Market doesn't provide information about its regulatory status. This lack of transparency is a significant indicator of potential fraudulent practices. It appears that customers are only left with a "Contact Us" web form for communication. Without specific information about its operator, traders would be unable to contact the team to recover their funds if it ceases operations or disappears. If a broker keeps investors in the dark like that, it is likely a scam.Furthermore, the British Columbia Securities Commission (BCSC) has issued a warning against Bitrade Market, stating that this broker is not registered to trade in, or advise on, securities or derivatives in BC. This is further evidence supporting the fact that Bitrade Market doesn't comply with relevant rules.Give all these negative findings, Bitrade Market is not safe for investors. To avoid potential fraud and identity theft, traders are advised to steer clear of Bitrade Market and instead choose those fully regulated that have established reputations. View Source