ANSWER We strongly recommend steering clear of 247Bitinvest, which is an unlicensed financial service provider.The company purports to be based in the UK and claims to be regulated by the Financial Conduct Authority (FCA). However, our checks with the FCA have found these claims to be unfounded. There are no records on the FCA register that back up the company's legitimacy, suggesting that 247Bitinvest is operating fraudulently and outside of regulatory oversight.Given these circumstances, we strongly advise investors to avoid 247Bitinvest to protect themselves from falling victim to potential financial scams. For a more secure trading environment, we suggest considering fully regulated brokers.
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