Reported as a scam / unregulated
Why Big Bit Market is on the register
Big Bit Market claims to be owned and operated by Big Bit Market LTD but does not mention any details of its regulation. Lacking regulatory information may be a distinct characteristic of unlicensed brokers, as legit brokers always present their authorizations and licenses in a prominent position. Besides, Big Bit Market presents three different contact tel numbers belonging to Canada, Australia, and the United Kingdom. As per this info, we searched several regulatory bodies in the above countries, including: 1) The UK Financial Conduct Authority (FCA); 2) The Australian Securities & Investments Commission (ASIC); 3) The Investment Industry Regulatory Organization of Canada (IIROC). However, we did not find any match results to Big Bit Market in the above watchdogs’ registries. That means Big Bit Market is not under valid regulation by any regulators to do forex. Investors’ funds in this broker are unsafe and cannot be protected by any law. Therefore, it is a scam.
If you have money with this broker
- Stop sending funds. Do not pay any further “fees”, “taxes” or “verification” charges to release a withdrawal — this is a common secondary scam.
- Preserve evidence. Save transaction IDs, wallet addresses, chat logs, and every screenshot before the account is closed.
- Report it. Notify your bank/exchange and your national financial regulator so the activity is on record.
- Get guidance. Tell us what happened and we will point you toward the right next step. We are a free public registry — we never charge any fees.
SentFunds is an information and referral service. Listing reflects reported concerns and public findings; it is not a legal determination.