✔️ Information reviewed and updated in October 2024 by Eduardo López
IS Bitak TRUSTED? REVIEWS
CONTENT
In this post I will be reviewing Bitak. Is Bitak (with website bitak.co) stock, cryptocurrency, commodities, stock indices and bonds broker really safe? Is it safe to invest your capital with this company? I will analyze this entity in depth.
I will tell you why I consider Bitak to be a VERY UNSAFE company AND I CONSIDER IT UNTRUSTWORTHY. CAUTION WITH THIS TYPE OF COMPANIES!
ℹ️ RUNNER DETAILS:
There are two aspects I want to highlight here: (1) the first thing to consider is its regulation and (2) the second is the location of the company. These are crucial data to evaluate the seriousness and reliability of a company.
Is the company unregulated or regulated by a less serious country? Is the company located in a dubious location or does it not mention its location? These are questions that every investor should ask themselves about the reliability of the company.
| Details | About the company |
|---|---|
| (I.e. Payment | Credit cards (Visa, MasterCard) Bank transfers Cryptocurrencies |
| (I.e. Company | Not mentioned |
| 📄 Attend the event | Registration-Not mentioned |
| ❓ Company type | Stock broker, cryptocurrencies, commodities, stock indices and bonds |
| [email protected] | |
| 🛡️ Regulator | Regulator-Not mentioned |
| 🕑 Website age | Your registration date was: July 12, 2024 (very recent) |
| ???? Address | One Canada Square, Canary Wharf, London, E14 5AB, United Kingdom |
| ️ ️ Phone | +44 204 600 4645 |
| ???? Live Chat | Yes |
📞 PHONE CONTACT LIST:
+44 204 600 4645
💰 ACCOUNTS AND DEPOSITS:
Below is a brief overview of the different types of accounts Bitak makes available; these are classified into 6 categories. Below is a table with more details on the deposits required for each type of account.
| CLASS OF accounts/plans | MINIMUM DEPOSIT REQUIRED |
|---|---|
| Platinum | € 100,000 |
| VIP | € 250,000 |
| Gold | € 50,000 |
| Premium | € 1,000,000 |
| Classic | € 25,000 |
| Trial | € 10,000 |
🌐 WEBSITE – DIGITAL PLATFORM:
Below you can explore the company's website and a brief analysis of how it works:
- Date of creation of the site: the domain “bitak.co” was registered on July 12, 2024. This indicates that this is a relatively new platform. 🚩
- The portal does not specify who manages it, reflecting a clear lack of transparency regarding crucial information. 🚩
- As previously mentioned, the company does not indicate that it is regulated, which raises questions about its legality. 🚩
⭐ Bitak ANALYSIS:
After conducting a study on the company, I have come to the following observations:
1) I believe the company claims to be based in the UK, but it could be trying to mislead as to its true location. Caution is advised.
2) There is no information about its regulation, which leads me to think that it is an UNREGULATED company.
3) The company seems to have a fairly short history. I was able to verify that the domain “bitak.co” was registered on July 12, 2024, which is very recent.
4) Their online reputation is quite negative; I have found numerous complaints from users.
5) Bitak offers various promotions and bonuses, which could be an indication of deceptive practices to attract new traders. Their high-interest offers, such as fixed deposit rates of up to 9.1% per annum, are tempting, but could be red flags.
6) The company has been the subject of complaints by the following financial regulators: BaFin, Federal Superintendency of Financial Supervision. It is a very unreliable company, be careful.
“I would not invest in such a company, to be honest: it is not regulated. It does not specify which entity it belongs to. Frankly, I cannot recommend such a company.”
💬 WHAT TO THINK ABOUT A COMPANY LIKE Bitak?:
Bitak is a broker that presents multiple warning signs and little trust in the market. Registered on July 12, 2024, its website, “bitak.co,” is very recent and lacks a track record that allows evaluating its reliability. The lack of seniority may be a sign that it has not had enough time to establish solid business practices.
Furthermore, the website does not provide information about who owns the company, indicating a clear lack of transparency in key data. There is also no mention of any regulation, suggesting that this is an unregulated company. This is worrying as regulation is a crucial aspect that protects investors from deceptive practices and fraud.
Bitak has received complaints from customers, reflecting a very poor online reputation. Although the company offers attractive promotions and bonuses, such as fixed deposit rates of up to 9.1% per year, these offers may be an indication of deceptive practices to attract traders. In addition, it has been denounced by regulatory bodies such as BaFin, the Federal Superintendence of Financial Supervision. Extreme caution is advised when considering investments with Bitak as it appears to be a very unsafe option.
📣 LATEST UPDATES:
1) Update September 2024: la BaFin, Federal Superintendency of Financial Supervision, has reported Bitak.
✔️ CLAIM MONEY FROM Bitak:
If you have been scammed, then I explain, in my opinion, one of the most effective methods to recover capital. If you do it on time and with a serious company, it is highly effective.
We work with a capital recovery service. here you can recover your capital.
In a few words, we use the chargeback method or capital withdrawal, with this method what we do is ask the bank or Visa, or Mastercard (depending on how we send the money), to return our capital, since we have been scammed. In order to recover it, we have to prove that we have indeed been scammed.
If you have been scammed, it is the option that I recommend, we work with a totally serious and safe capital recovery company.
🚨 REPORT Bitak:
If you have been scammed by this company and you want to report it, I think the best option is to contact the financial regulator of the country where you live. Report what happened to the regulator. Here are some examples of financial regulators by country:
🇦🇷 Argentina: the financial regulator is CNV, here you can get in touch
🇧🇷 Brazil: the financial regulator is CVM, here you can get in touch
🇨🇱 Chile: the financial regulator is CFM, here you can get in touch
🇨🇴 Colombia: the financial regulator is the Financial Superintendence, here you can get in touch
🇪🇨 Ecuador: the financial regulator is SUPERINTENDENCE OF BANKS, here you can get in touch
🇪🇸 Spain: the financial regulator is CNMV, here you can get in touch
🇺🇸 United States: the financial regulator is FINRA, here you can get in touch
🇮🇹 Italy: the financial regulator is CONSOB, here you can get in touch
🇲🇽 Mexico: the financial regulator is CNBV, here you can get in touch
🇵🇪 Peru: the financial regulator is SBS, here you can get in touch
If your country is not on the list, leave a comment and I will gladly help you!
❓ FAQS – FREQUENTLY ASKED QUESTIONS:
Bitak is an investment broker that provides access to a wide range of financial assets, allowing traders to diversify their portfolios and explore various opportunities in the market. The offering includes investments in stocks, cryptocurrencies and traditional investment products.
Bitak is a company that I do not consider trustworthy. Its characteristics and practices suggest that it poses significant risks to investors, so it is advisable to proceed with caution.
In my opinion, Bitak could be considered a scam. After evaluating various characteristics of this company, it can be classified as unsafe and with practices that generate distrust.
If you have lost your money or been scammed, I recommend you try the capital recovery service.
If you want to know a safe and reliable company, I invite you to see the ranking of best brokers and you can also check the 3 best brokers of the month. .
They want me to become a client, I'm scared, I don't want to lose my savings or be scammed. do you have information? Thank you so much!.
Hi Ava, Bitak is a SCAM, we are receiving many complaints from investors, they do not return the money, you should never invest in a broker without REGULATION.
They create positive comments of their own to confuse investors and pose as a serious and legal company but everything is invented and if you mention our review they say that we are the competition and that is not true (we only do reviews of brokers).
When you request a withdrawal of capital or benefits, if they make excuses and force you to pay commissions or another type of ransom, you will know that they are scamming you, do not fall into that trap, those commissions are not real, they try to take more money from you.
If you want to recover the money, you can do so by filling out the form at this link and they will call you to assess your case at no cost: Get your money back, we are with you
Greetings.