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Main Bit

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Operating status: SCAM

Website: http://www.main-bit.com/; http://main-bit.net/

Broker violations and abnormal records
  • 2022-09-25 The Ontario OSC Added Main Bit into Its Warnings

    On 26 Sep 2022, the Ontario Securities Commission issued a warning that Main Bit is not registered in Ontario to engage in the business of trading in securities. You may visit: https://www.osc.ca/en/investors/warnings/mcpo-limited-aka-mcpo-group-limited


    On 26 Sep 2022, the Ontario Securities Commission issued a warning that Main Bit is not registered in Ontario to engage in the business of trading in securities. You may visit: https://www.osc.ca/en/investors/warnings/mcpo-limited-aka-mcpo-group-limited
  • 2022-09-28 BrokersView has Reviewed that Main Bit is an Unregulated Forex Broker

    Main Bit claims to be a reliable broker without presenting any information about its regulation. The lack of such important information may be a distinct signal of an unlicensed broker, as regulated brokers always present their accreditations and licenses in a prominent position. It is a red flag. 

    In addition, Main Bit presents three telephone numbers that belong to Canada, Switzerland and the UK. So we searched the Investment Industry Regulatory Organization of Canada (IIROC), the Swiss Financial Market Supervisory Authority (FINMA), and the United Kingdom Financial Conduct Authority (UK FCA). The result was that the broker was not regulated by any of the regulators. 

    Moreover, the Ontario Securities Commission issued a warning that Main Bit is not registered in Ontario to engage in the business of trading in securities.

    The truth is that Main Bit 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.

    Main Bit claims to be a reliable broker without presenting any information about its regulation. The lack of such important information may be a distinct signal of an unlicensed broker, as regulated brokers always present their accreditations and licenses in a prominent position. It is a red flag. In addition, Main Bit presents three telephone numbers that belong to Canada, Switzerland and the UK. So we searched the Investment Industry Regulatory Organization of Canada (IIROC), the Swiss Financial Market Supervisory Authority (FINMA), and the United Kingdom Financial Conduct Authority (UK FCA). The result was that the broker was not regulated by any of the regulators. Moreover, the Ontario Securities Commission issued a warning that Main Bit is not registered in Ontario to engage in the business of trading in securities.The truth is that Main Bit 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.
  • 2022-10-11 The UK FCA Added Main Bit into Its Warnings

    On 12 Oct 2022, the United Kingdom Financial Conduct Authority (UK FCA) issued a warning that Main Bit was providing financial services or products in the UK without authorisation. You may visit: https://www.fca.org.uk/news/warnings/main-bit


    On 12 Oct 2022, the United Kingdom Financial Conduct Authority (UK FCA) issued a warning that Main Bit was providing financial services or products in the UK without authorisation. You may visit: https://www.fca.org.uk/news/warnings/main-bit
  • 2022-10-13 The Swiss FINMA Added Main Bit into Its Warning

    On 14 Oct 2022, the Swiss Financial Market Supervisory Authority (FINMA) issued a warning that  Main Bit was not entered in commercial register. You may visit: https://www.finma.ch/en/finma-public/warning-list/main-bit/

    On 14 Oct 2022, the Swiss Financial Market Supervisory Authority (FINMA) issued a warning that  Main Bit was not entered in commercial register. You may visit: https://www.finma.ch/en/finma-public/warning-list/main-bit/
  • 2022-12-08 BrokersView has found that Main Bit is not working

    BrokersView found the domain "https://main-bit.com/" is not working, as most probably it was suspended and it is always a bad sign when broker's website is suspended.

    BrokersView found the domain "https://main-bit.com/" is not working, as most probably it was suspended and it is always a bad sign when broker's website is suspended.

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