The website of Digibits, a forex broker previously registered with the Financial Services Authority of St. Vincent and the Grenadines (SVG FSA), has been shut down. Its domain, digibitsfx.com, is set to expire in early December 2023.
Regarding its registration with the SVG FSA, the license has already been revoked. Consequently, Digibits is now technically an unlicensed trading platform.
In essence, Digibits is not regulated by any governing body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds.
Digibits is unequivocally a scam.
The website of Digibits, a forex broker previously registered with the Financial Services Authority of St. Vincent and the Grenadines (SVG FSA), has been shut down. Its domain, digibitsfx.com, is set to expire in early December 2023.Regarding its registration with the SVG FSA, the license has already been revoked. Consequently, Digibits is now technically an unlicensed trading platform.In essence, Digibits is not regulated by any governing body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds.Digibits is unequivocally a scam.