We use cookies to improve your experience on WeConnectFX.

BTCoinGroup logo

BTCoinGroup

Visit

Risk Level - High

Scam Evidence & Warnings

!

The Italy CONSOB Added BTCoinGroup into Its Warnings On 4 July 2022, Italy Commissione Nazionale per le Società e la Borsa (CONSOB) issued a warning that BTCoinGroup is offering financial services without the proper authorization. You may visit: https://www.consob.it/web/consob-and-its-activities/warnings?viewId=ultime_com_tutela

!

Brokersview has Reviewed that BTCoinGroup is an Unregulated Forex Broker BTCoinGroup claims it has 10 years of experience in the trading market. At the same time, this broker also claims it was founded in 2019. The two statements are obviously paradoxical. We checked its domain, and found it was newly created on 12 Oct 2021. Then how could it starts business in 2019? Not to mention the 10 years of experiences. It is a red flag. What's more, Italy Commissione Nazionale per le Società e la Borsa (CONSOB) issued a warning that BTCoinGroup is offering financial services without the proper authorization. That means BTCoinGroup 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 identified that BTCoinGroup's website is currently offline BrokersView found that the domain "https://btcoingroup.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.

Reviews

Please sign in or register to share your experience

No reviews yet for this broker. Be the first to leave one!

Dashboard Home Brokers Brokers Prop Firms Props