Bit Sends Review: a Notorious Forex Scam

Bit Sends Review: a Notorious Forex Scam

Share This! is an alleged investment company based in London. The platform boasts being an experienced organization in the administration sector and long haul enterprises.

The company claim using different systems and techniques to generate promised returns. assure multi-currency trading on the Forex market to investors. states they provide the best terms from financial specialists. The platform promises various trades in UK organizations.

The platform claims to have all the data and abilities necessary to complete profitable trade. Trade world like every other business good and bad days are to be expected.

Investors with experience in trading will at first glance, detect murkiness on the platforms dealings. assures investors an opportunity to participate in the vast growing trading world. However, how they plan to operate and generate profitable returns is not transparent. Scam Review, platform

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The trading platform claims to be stable and provide the investor with hazard-free gains and commitment satisfaction. boasts having specialized personnel who have developed one of a kind program for multi-currency trade. allegedly has a team of specialists who help them generate returns. Nonetheless, how the team makes the alleged returns is not transparent. The platform tracks the development of select ideal passages for Forex benefits hence generating more gains.

The company promise investors minimum risks in their investment. Bit Sends  assures its clients an interests in resource administration.

Investors will acquire basic examination and trade knowledge while indulging in their trade. Trading, however, Bitsends space is not secure and Forex trading requires patience and knowledge. Review

Bit Sends team of specialists allegedly maintains a steady wage for their investors. Scam platforms brag having top-notch teams who generate profits. However, profits are not always the results; you may end up falling for the catch and losing money instead.

Legit trade platforms will show the method they plan to generate income and techniques used. Bitsends allows payment via Perfect Money, Payeer, and Bitcoin. The minimum deposit amount is $10. Bitsends, despite their massive return, claim there is no proof of payment.

The payment method of this platform ensures there is no reversal of the money you deposit. The company should avail their banking information to investors. There are operating against the requirement of financial watchdogs.

The alleged Forex platform is owned by an anonymous person. The company is an offshore platform that lies they are located in the UK. In this review, we discuss the red flag that makes us not recommend their services to investors.

It would be best if you only ventured with legit companies that have a trading history in the market. The credible platform ensures you earn a decent amount of money. Bit Sends a company that lacks a trading reputation.

The platform does not disclose the currency pair that they offer. Additionally, the set spread and leverage that they have on various currencies is not mentioned. It creates distrust as you will be investing blindly.

You need to know the trading conditions before venturing in an Forex company. There is also no evidence of investors withdrawing funds. The company is a pyramid scheme that when they realize they have been categorized as a scam they will come back using another domain name.

Regulation and Customer Support office address is 80 Guildhall Street Bury St Edmunds Suffolk IP33 10B, United Kingdom. The location they display according to our research is just made up and does not exist.

Ponzi schemes use the random locations as a way to earn your trust. Conduct an intensive research before investing in any company. customers can reach the company in case of query via +447031396430, and email is also provided, [email protected]

Despite the provision of contact it is not a guarantee you will receive feedback. The company number is 1152458. Additionally, this is not to certify the platform is registered. is not under FCA cluster. Trade platforms for them to collect funds from members of public it is mandatory they acquire license. Companies that are not regulated will easily swindle your funds.

Ponzi schemes break the laws whenever they choose to bearing in mind they cannot be caught. The company has not provided any banking information.

Hence, you may never know how they handle your funds, making this a major red flag. company founders and employees remain unknown, raising more doubts than trust.

Legit Forex trading companies showcase legal documents on their platforms, earning trust with your money. Pyramid schemes like feature a segment showcasing fake certificates and should keep off at all costs once you spot them. Investment Plan

Scam platforms have a common trait of luring investors into depositing funds into their platforms through the use of attractive investment plans. They promise a 4% profit for every hour for 48 hours in the first investment plan.

The minimum tradable amount is $10, and the maximum $10000 Total estimated is set at 192%. The second plan offers Total returns 288% minimum amount is set at $100. Investors earn 8% for 36 hours.

The third plan minimum deposit amount is $250, and entitlement of 14% every hour for 24 hours. The total return is 336% under this plan.

Bitsends Space Review, Bit Sends Plan

The platform last attractive, tempting investment plan promise investors 18% every hour for 24 hours and the promise returns of 432%. All investment plans under claim to offer investors instant payouts.

However, the platform is not trustworthy as nothing they say or do make perfect sense. Legal platforms that offer payouts have support behind their claims.

Trade world has many profits, but to achieve these vast figures, you need patience and trade knowledge play a significant role in the outcome to show.

Bitsends Space Affiliate Program

Like every other scam platform, they survive by generating traffic to their website. The trade platforms convince members to invite new members, and in return, they will earn a certain bonus.

Once you refer a new member and they complete a transaction you start earning. Investors under do not need to trade they can get an income by utilizing their affiliate program. investors can earn from the referral percentages and representative percentage in the plans. The affiliate program offers up to 3 percentage commission return for three levels.

5%, 3% and 2% commission. investors can earn from once the new member you invite invites another member. Once you complete registration, you will have a special link which you can  share and invite new members.

Investors can also use banners and SMS to attract new clients. Representative, unlike referral you have to deposit $500, the representative section features three commission levels each generating 7%, 5% and 2%.

Domain Insights 

According to, the target audience is unknown, and the platform was registered on 2020 May and expires in 2021, the domain name is is not ranked under Alexa Global Ranking. Final Verdict 

The company is a Ponzi scheme you should avoid at all costs. The company has not provided investors with incorporation certificates and legal documents to assert legitimacy. Invest with trustworthy Forex brokerage platforms in the industry.

The figures projected by this platform are extreme and unattainable. Hence you should not trust their dealings. Once you lose funds or deposit funds, you may never hear from the platform ever again. have not provided any info regarding bank information, and you risk losing funds. The trading platform risks facing criminal prosecution for not following set guidelines.

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