Scan to download
It is more convenient and faster to find brokers and complain
Bitwest is an unlicensed broker we advise against trading with despite the seemingly attractive deals it offers.
Bitwest fails to provide company details including company name, address, and phone numbers, as well as its regulatory information and licensing data, which is a clear scam indicator. It is typical for legitimate brokers to prominently display their accreditation and licenses to instill trust and transparency and thus the lack of such information may suggest the absence of regulation and accountability. In addition, the Financial Conduct Authority (FCA) has issued a warning against this broker for offering financial services or products without proper authorization.
Regarding your question, Bitwest is illegally providing investment services and investors are strongly advised not to deal with it. It is a non-regulated broker coming with huge risks including financial losses and identity theft. Once your money is in the system, there are no rules to protect it. Therefore, we encourage investors stay away from unlicensed brokers like Bitwest and opt for 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.