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In recent times, we have had a lot of complaints about a fraudulent platform called BitPointMarket, it has been brought to our attention that there’s a fraudulent scheme going on there with the aim to steal from investors. The IOSCO and FCA  also confirmed in their publication that Bitpointmarket.com is a scam platform. Just to clear any doubts, Bitpointmarket.com is a SCAM.

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Any legitimate regulator does not appear to be monitoring BitPointMarket. Additionally, offering investment services strictly according to regulation procedures is prohibited in the majority of nations. Scammers easily declare bankruptcy due to their inability to pay regulation costs.

BitPointMarket is an online investing company that promises to generate passive income for its clients. Among other assets, the organisation gives you access to FX stocks and cryptocurrency exchange. More than 500 investment items are guaranteed by the business.

Review of BitPointMarket, the company

Additionally, they boast that they have more than five years of market experience and that they have made numerous traders wealthy. In addition, the business should provide exceptional services. However, as you read this unbiased analysis on BitPointMarket, several red flags pop up.

The investment firm has a website, however, it has very few details about its trading services. Additionally, pop-up ads with enticing offers urge you to invest and reap rewarding benefits.

These forex investment companies are using tried-and-true methods in the meanwhile. In contrast to BitPointMarket, which only promises to produce enormous results through an inconvenient approach, you get to take advantage of fair returns on your hard-earned money.

Scammers guarantee you enormous money. However, the results and outcomes you receive after signing up are surprising. Despite fierce market rivalry, BitPointMarket projects enticing profits.

As a result, consistent profit results do not exist. Trading might have unfavourable results. Therefore, it is necessary to take into account risk management tools like stop-loss to take profit, among others, to prevent losses during unexpected market changes. Additionally, using the wrong tools simply produces results that are comparable. The corporation makes no reasonable commitments to traders. The market is also very volatile.

Bitpointmarket.com Review

Bitpointmarket.com promises that all traders will be able to take advantage of its services. For the benefit of newbies, the company guarantees live sessions and video training. In addition, novices need useful educational resources to comprehend the market. Fraudulent businesses simply provide the most basic definitions of commercial terminology. Similar information can be simply found online without paying extra money. Nevertheless, it is not suggested to invest if you lack academic expertise or industry knowledge.

An expert should not spend time or money on BitPointMarket. As a result, the business doesn’t disclose any algorithm that it employs to produce pleasing outcomes. Additionally, it would be better if you were careful to stay away from the incorrect tools because they only produce identical outcomes. However, due to non-emotional involvement with trading directions, automatic tools are preferred by humans. Modern services and technology are promised by con artists.

Additionally, you receive startling results and outcomes when you sign up. They promise complete client happiness. The traffic margins, however, hardly match the enormous audience it promises to serve as a source of investment potential.

How BitPointMarket Works

Bitpointmarket.com does not offer a practical way to conduct business. The investment firm reveals significant parallels to swindling businesses. Furthermore, it is foolish to anticipate any special treatment from con artists. Scammers also prevent you from accessing your account or the services they provide.

The business guarantees investors a bonus on their initial deposit of up to $100. However, even after completing the upcoming tasks, you cannot withdraw the reward money. Additionally, if you fall for the trap and deposit money with dubious brokers, consider your relationship with them to be terminated.

BitPointMarket makes tempting profit claims that even well-established businesses would find difficult to fulfil. Additionally, MetaTrader, which is appropriate for investment purposes, is incompatible with the trading software that is offered. However, if you rely on a web trading platform, you run the risk of being the target of harmful attacks from third parties. The news and market analysis data also come from questionable sources.

Review of Bitpointmarket.com and its features

The investment company lacks data to support the existence of trading activity. It might be producing unfavourable outcomes, which would account for the absence of comparable data. It is easier to predict results when there has been a three-month or longer trade history. Without providing any supporting documentation, the business boasts of having years of market experience.

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Money Security BitPointMarket

There is no proof provided by BitPointMarket that your money is secure. The security of your money is a major consideration, but it depends on a number of things. Your money is not the only thing at risk from the investing firm. When you rely on a mysterious broker, personal information could end up in the wrong hands.

Additionally, there is no proof to support customers’ quick transactions. The business doesn’t offer any bank information as evidence that your money is secure. Additionally, the only people who are likely to profit from its services are the enigmatic figures that run it.

While you wait for unidentified profits, they might store money in their own accounts. There is no sample account available on BitPointMarket to test and become familiar with how it works. Therefore, using the instruments at your disposal could expose you to terrible financial outcomes.

Not only does BitPointMarket not disclose information about how it operates. The company withholds information about its founders and employees. You also start to doubt the degree of transparency right away. During the registration procedure, the organisation requests that you provide personal information, but it does not comply.

Customers will also come to rely on trading advice from those who have no idea how the market functions. There is no qualification data to demonstrate niche knowledge. Scammers keep a high level of anonymity. They consequently produce clone entities and make an effort to steal additional money from trusting clients.

Contribution and Withdrawal BitPointMarket

The minimum investment amount is not made public to traders by BitPointMarket. Additionally, when you get in touch with them, they pressure you into making sizable payments without giving you a good justification. They also promote the usage of non-refundable funding alternatives. Cryptocurrency transactions and wire transfers are both final. Therefore, for chargeback claims up to 540 days, it is preferable to think about the credit or debit option.

If you are unhappy with the investing firm’s services, there is no return procedure in place for you to get your money back. Additionally, there is no proof that any of its clients’ legal transactions have been successful. Scammers keep your money for a longer period of time.

They consequently disappear without a trace of your money. The length of time it takes to complete a withdrawal request is not specified by BitPointMarket. When it comes to getting your money out, the firm is probably going to make things difficult for you.

Customer Service BitPointMarket

In the USA, BitPointMarket claims to have a physical address for its headquarters. Furthermore, there is no contact information provided. As soon as they receive your money, the company will probably stop communicating with you. However, if not immediately, you should get a response to your question.

Therefore, trustworthy customer service contributes to increased trust between you and the business. The investment company is looking forward to offering a welcoming interface, which is difficult to achieve without good customer interactions.

Status of BitPointMarket’s regulations

Any legitimate regulator does not appear to be monitoring BitPointMarket. Additionally, offering investment services strictly according to regulation procedures is prohibited in the majority of nations. Scammers easily declare bankruptcy due to their inability to pay regulation costs. As a result, various nations have administrative bodies in charge of providing and approving regulated investment services.

However, these licenced forex firms exhibit a high degree of transparency. You immediately come across laws that a trustworthy watchdog can confirm. The company withholds information about its founders because of concern that they would be prosecuted for engaging in illicit activity. Companies that are not governed by legislation frequently violate trading regulations.

Final Conclusion

BitPointMarket is not a trustworthy platform for making investments. The way the company conducts its business is quite ambiguous. It’s also a good idea to do some research and read reviews from reputable sites. The market is not a toy, and you need practical techniques to draw reasonable results.

Additionally, these trustworthy forex investment companies produce a positive investment experience. In contrast to bitpointmarket.com, which merely wants your deposit money, you get to experience logical results.

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To recover your money from BitPointMarket, consult the asset recovery experts at The Capital Co (www.thecapitalco.net), with an excellent record in fund recovery, your case won’t be an exception. Contact The Capital Co (www.thecapitalco.net) now.