BrokersView has reviewed that Bitrage Markets is an unregulated broker Bitrage Markets claims to be registered in St. Lucia, promoting this registration as proof of its legitimacy. However, forex trading activities are not licensed in St. Lucia. Therefore, Bitrage Markets is not regulated at all. Entrusting it with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. Bitrage Markets appears to be a scam.
Bitrage Markets
VisitRisk Level - High
Bitrage Markets
Risk Level - High
Scam Evidence & Warnings
Is Bitrage Markets a legitimate trading platform? Dear Investor, Bitrage Markets is not a compliant trading platform, as it lacks any valid regulatory license. The platform does not provide any regulatory information, merely listing a registered address in Saint Lucia. Upon investigation, we located Bitrage Capital Markets Ltd. in the Saint Lucia International Financial Centre (IFC) registry. However, this registration only grants International Business Company (IBC) status and does not constitute a valid financial license. It is important to note that the Saint Lucia IFC has publicly stated that it does not regulate forex brokers or issue forex licenses. Given this complete absence of regulatory oversight, we strongly advise you to avoid engaging in any transactions with this unlicensed broker to protect your financial security. View Source
Bitrage Markets, trustfull or not? Dear Investor,We are concerned that Bitrage Markets may be a scam.The broker claims to be registered in St. Lucia, an offshore center known for its lax regulations. It is important to note that this jurisdiction does not license or regulate forex trading activities, meaning Bitrage Markets operates in an unregulated environment.Therefore, we strongly advise against using Bitrage Markets. For a safer trading experience, we recommend opting for fully regulated brokers instead. View Source
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