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BIT Lords is an unlicensed broker we advise against trading with despite the seemingly attractive deals it offers.
BIT Lords claims to be regulated by the Global Financial Authority (GFA). However, there is no such financial watchdog. The name and the related logo are possibly fabricated by the broker to fool unsuspecting investors. In addition, the Swiss Financial Market Supervisory Authority (FINMA) issued a warning against Iron BIT Lords, stating that this broker is not entered in its commercial register.
Regarding your question, our advice is not to deal with BIT Lords due to its status as an unlicensed broker. Using unlicensed brokers like BIT Lords could pose significant risks to investors, including financial losses and identity theft as there are no rules to safeguard them. Therefore, we strongly suggest investors stay away from unlicensed brokers like BIT Lords and choose fully regulated ones instead.
FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.
The data contained in this website may not be real-time and accurate. The data and prices on this site are not necessarily provided by the market or exchange, but may be provided by market makers, so prices may be inaccurate and differ from actual market prices. Namely, this price is indicative price only to reflect market trend, and is unfavorable for trading purpose. The provider of the data contained in the Website shall not be liable for any loss incurred by you as a result of your trading activities or reliance on the information contained in the Website.