ForexBit Review

ForexBit regulation.

A broker must pay for regulated licenses to be able to offer trading. ForexBit doesn’t pay for licenses but it does offer trading which is prohibited by law.

ForexBit review.

Your money isn’t safe with ForexBit.

To be able to offer trading, you must buy a regulatory license from a country where you want to settle. If you offer trading without licenses, you don’t respect the laws and become a fraudulent broker. Brokers who don’t have regulated licenses like ForexBit will not give you your money back because they are outlaws.

Never trust the broker.

It’s essential to always check the licenses of a broker because fraudulent brokers lie to make you deposit the maximum amount of money. If you unfortunately deposit your money and are asked to pay a fee to withdraw your money, don’t do it because you will give them even more money.

Get a chargeback now.

We put you in touch with the best money recovery company that has existed since 2016, MyChargeBack. We have received positive feedback from them and their experts are very professional. You just need to complete the form below (if you have lost more than $5000, use our Chatbot directly). The consultation is free and doesn’t commit you to anything.

What are the chances of getting your money back?

Everything will depend on your file. MyChargeBack has already helped many people and knows all the procedures to do with banks to build a solid file with you and recover your money. If you want to know more about the procedure, click here.

Our Verdict

ForexBit is a scam that doesn’t have regulated licenses. We advise you to avoid this broker if you don’t want to have a problem. If you have been a victim of this broker, don’t hesitate to leave us a comment to report this broker and avoid other people from being victims.


Start your recovery process.

Fill out the form below and get a free consultation.

1 comment on ForexBit Review

  1. I put my savings of 250 pounds with this company forexbit, I was told I could make upto 2or 3000 pounds a month , however last week when I first starded trading my balance showed 300 pounds plus which when your account reaches 300 you can transfer the funds in my account, I asked my broker jan to transfer my funds of 300 pounds which he said he could not do on a Friday but would do on Monday, on Monday 7 o October but today when I cheked my balance there was only 101 pounds in there, when I phoned jan to ask him what happened he said well we saved you 101 pounds,i told him I told him why he did not transfer 300 on frid transfer 300 on Friday ,he had no answer. aanswer he said he will work on my account .fro from now on I do not trust these people people or this company also I just found out this company forexbit is not register registerd to fca, please can you help r recive my money back, thankyou.

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