High Risk
Reported as a scam / unregulated
SF-700509registry entry
Why Bitmarket Trades is on the register
According to Bitmarket Trades website, it clamis to provide trading services such as foreign exchange, stock indexes, precious metals, and cryptocurrencies, but it does not publish the company name or any regulatory information for users to verify. The truth is that Bitmarket Trades is not regulated by any regulators. Letting it hold or cantrol any investors’ money is unsafe and the money can not be protected by any laws. Therefore, Bitmarket Trades is 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.