Bit Lords

The company’s official website provides only English and Spanish language layouts. Therefore, it will be somewhat problematic for users of CIS countries to find out details regarding the terms of cooperation with a broker. The representatives of the organization themselves write that their service is a profitable platform for both profitable trading and investing.

At the same time, traders are guaranteed security and transparency when working with the financial service. However, in reality, we are faced with ordinary scammers who founded their office only at the beginning of 2024 and have already managed to gain a reputation as a dysfunctional scam due to the lack of any data pointing towards its legality.

Users are asked to first register on the official project page. To do this, you will need to provide the administrators with your personal data and documents identifying you. Only after fulfilling all the requirements of the scammers will you be able to gain access to the trading terminal and financial instruments.

IN Bit Lords personal account you can also choose from 4 trading accounts. However, the amount of the minimum deposit here will unpleasantly surprise you, because it starts from 10 thousand dollars. Considering the lack of a demo account, these are simply colossal risks. Fraudsters are trying to cover this up with accessible educational materials, but this does not help the situation.

Security of trading with a broker

Our experts noted that the owners of this office do not provide their potential clients with any evidence of their legality. Pseudo-broker Bit Lordsis not licensed and does not have any legal rights to provide its services. The contact information turned out to be fake, so you can’t count on real 24-hour help.

The user agreement here consists only of pitfalls that put traders at an extreme disadvantage. Thus, scammers simply relieve themselves of all responsibility, instead of guaranteeing security.