BitMarket Capital Review – The Real Truth About bitmarket-capital.com Scam

Rating
Broker status Unregulated Broker
Regulated by Unlicensed Trading Scam
Scammers Websites bitmarket-capital.com
Blacklisted as a Scam by No Info
Owned by No Info
Headquarters Country Canada (allegedly)
Foundation year 2023
Supported Platforms Proprietary platform
Minimum Deposit $10,000
Cryptocurrencies Cryptocurrencies
Types of Assets Available
Maximum Leverage No Info
Free Demo Account No

What is BitMarket Capital?

BitMarket-Capital.com is an internet-based platform that offers a range of services for trading cryptocurrencies, including Bitcoin, Ethereum, Litecoin, and others.

The broker has a beautiful, eye-catching website, which is difficult to find flaws or inconsistencies at a glance.
BitMarket claims to provide an opportunity to trade Bitcoin, the world’s most exciting cryptocurrency, through their proprietary platform. However, it was discovered that access to the platform is restricted unless an initial deposit is made.

Is BitMarket Capital Legit or Scam?

BitMarket Capital claims to be headquartered in Canada, but upon thorough investigation, it was found that the company is not registered with any official regulator in Canada such as IIROC, OSC, or BCSC. Additionally, the company’s Terms and Conditions state that it operates from London under the laws of the UK, which would require regulation by the Financial Conduct Authority (FCA). However, no evidence of such regulation was found.

bitmarket capital scam

Based on the information gathered, it can be concluded that BitMarket Capital is not a licensed cryptocurrency broker but rather an illegitimate scheme or fraudulent website.

BitMarket Capital: Account Types

Speaking of account types and minimum deposits, it is worth noting the broker’s large appetite. Scammers want you to start with large sums right away. That’s why you need $10,000 to get access to the broker’s trading platform. What other types of accounts there are:

  • Green Account – $10,000-$50,000
  • Silver Account – $50,000-$100,000
  • Gold Account – $100,000-$250,000
  • VIP Account – From $250,000
  • 1 Million Club – From $1,000,000

BitMarket Capital claims to offer “guaranteed returns” ranging from 2-5% and potentially even higher percentages.

bitmarket capital scam

However, it’s important to note that legitimate brokers are not permitted to make promises or guarantees regarding returns, particularly in the volatile cryptocurrency market. No individual can accurately predict market movements with 100% certainty. Given this information, it is evident that the other alleged perks offered by BitMarket Capital are also likely to be false.

What Warnings Are Issued by the Financial Authorities for BitMarket Capital?

The domain bitmarket-capital.com was registered on January 12, 2023r. As of now, there have been no regulatory warnings issued against it. Unfortunately, the BitMarket Capital broker has no warnings yet. But it may happen soon. We will watch for further developments in the situation.

Analysis of The Domain bitmarket-capital.com

As mentioned above, the domain was registered in early 2023. Because of this it is difficult to assess its reliability, but according to Scamadviser the reliability of BitMarket Capital is only 23 / 100. The negative aspects can include such items:

  • The identity of the owner of the website is hidden on WHOIS.
  • The Tranco rank (how much traffic) is rather low.
  • The server of the site has several low reviewed other websites.
  • Cryptocurrency services detected, these can be high risk.
  • Payment methods support anonymous transactions were found.
  • The age of this site is (very) young.

Choose only trustworthy and reliable brokers. You can read about the best ones in our article Best online brokers in 2023.

Chargeback Is Your Solution!

A chargeback is the retroactive cancellation and refund of a charge made using your credit card, wire transfer or some other payment methods.

By putting together a compelling chargeback strategy from beginning to end, victims of online fraud have a relatively high probability of recovering some of all of their funds lost.

However, using a trustworthy service such as MyChargeBack is critical in this endeavour as a typical chargeback process can often be complex and drawn out without the right guidance.

Request a free consultation today by clicking the button below!

Free consultation

What Steps Should I Take If I Fall Victim to the BitMarket Capital?

We understand your concern and distress. The detrimental effects of scams can significantly impact individuals’ financial stability. It’s crucial to take proactive measures to prevent the fraudster from profiting from your loss and to strive to recover your misappropriated funds. We recommend contacting us as soon as possible for effective assistance.

Our committed teams of legal experts are ready and willing to assist individuals in your situation. You can reach out to us at any hour, and we’ll utilize our resources to listen to your concerns and offer expert advice.

BitMarket Capital: Video

You can also write a comment under the video on our YouTube channel to tell other traders about your experience. But if you’ve already been a victim, contact us for a free consultation by filling out the form at the top of the page.
Below you will find a short video about BitMarket Capital. Watch it so you don’t miss anything important. In a few minutes you’ll learn the whole truth about BitMarket Capital!

FAQ

  • What is BitMarket Capital?

    BitMarket Capital is an online broker specializing in cryptocurrency trading. However, it is important to note that BitMarket Capital operates without regulation.

  • Is BitMarket Capital a Reliable Broker?

    According to Scamadviser the reliability of BitMarket Capital is only 23 / 100. Unfortunately, the BitMarket Capital broker has no warnings yet. But it may happen soon.

  • Is BitMarket Capital Available in the United States or the UK?

    While BitMarket Capital does not cater to customers in the United States, it actively seeks investors from the UK.

  • What is the Minimum Deposit with BitMarket Capital Broker?

    The minimum deposit required by BitMarket Capital is set at $10,000, which is considered to be a notably high amount compared to industry standards.

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