“Unlock the Potential of Global Markets with Unmatched Precision and Power” — that’s how the broker entices users to start a partnership. Welcome to our Bits4Hold review, dedicated to exposing this fake company. Let’s get straight to the point: this is a typical scam, and we have strong reasons to believe so.
Key Features
- Company Name: Bits4Hold
- Website: https://www.bits4hold.com/
- Available Contacts: +44 203 838 1228, [email protected]
- Foundation: 2024
- Services: CFD Trading
- License: No
- Initial Deposit: €10,000
From Sign-Up to Payout
The official website is the face of any company, especially a brokerage. And when you see just another template site, like hundreds of other dubious brokers, with no originality and everything looking overly standard, it raises questions. Is this company really serious and focused on long-term collaboration with clients?
The Bits4Hold site menu is cluttered and not very user-friendly. The categories are divided in a typical way: “Products”, “Trading”, “Company”, “Blog”, and so on. The texts on the site are simply a collection of trendy phrases and worn-out slogans. “Trading on a new level”, “maximum security”, and “innovation on your terms” — it all sounds impressive but explains absolutely nothing. There is virtually no specificity. How exactly will the company provide “security” and “innovation”? No one knows. It feels like the website is more focused on confusing you than on providing real information.
The interface is only in English, so you can forget about any international outreach. The social media icons at the top of the page? Just images. They don’t link to accounts on Facebook, X, or Instagram. So what’s the point? And those cheap images, generated by artificial intelligence? They look cheap and terrible.
Bits4Hold wants to create the impression of a solid broker, but the website gives the opposite impression. Visual templates, overloaded menus, loud phrases with no real substance, and technical bugs — all of it raises doubts. The site looks like a typical wrapper designed to lure in gullible users, rather than a serious platform for professional trading.
Registration is available in two options: a real account or a demo. The firm asks for a name, contact details, country, password, and account type. Overall, it’s all standard — nothing extraordinary or suspicious.
Next, the personal account opens. It’s basic: a menu with sections on the left, and the main window in the center. Clients can manage their data, upload documents for KYC, make deposits, view trading history, and open the trading terminal. It’s not an advanced client area — just a standard, simple personal cabinet.
There’s no need to rush with identity verification. While it’s straightforward — requiring only documents to verify identity and address — your data could end up in the wrong hands. Before sending personal information, make sure the broker is legitimate. We’ll show whether this company can be trusted a bit further in the Bits4Hold review.
Money transactions are conducted via traditional methods: electronic payment systems, Visa/Mastercard, or bank transfers.
Our Trading Experience With Bits4Hold
The description of the trading platform on the website doesn’t match reality. The broker claims their terminal is user-friendly, equipped with advanced tools for technical analysis, indicators, and various chart types, supports customization, and is designed specifically for professional traders, offering powerful features for in-depth market analysis and trading.
Yes, the platform is indeed equipped with basic tools for technical analysis, indicators, several timeframes, and chart types. However, that’s standard functionality you can find in any other terminal.
The Bits4Hold platform lacks significant advantages compared to other, more well-known terminals. For example, MetaTrader offers far more customization options and allows traders to upload unique tools and features that Bits4Hold simply doesn’t have. Additionally, there are no mobile versions available — only a web version and a desktop program.
The Reality Check
Alright, we’ve covered the appearance and trading platform. Now, we get to the core of our Bits4Hold review. This is where things get serious, and you’ll understand why this company should be avoided.
First, does the broker have a license? We didn’t see any mention of regulation. Legitimate and serious brokers usually display their license number and regulatory authority information right on the homepage or in the “About Us” section to immediately confirm their reliability and compliance with financial standards. However, on bits4hold.com, there’s nothing about a license. This points to illegal operations, which pose a significant risk to traders.
Second, the broker claims to be registered in the United Kingdom. This is something we can check. Let’s consult the FCA register, which oversees forex dealers in this jurisdiction.
The screenshot above shows the search results for “Bits4Hold”. No such organization exists in the United Kingdom. We got the same result from a search in the Financial Conduct Authority register. Although, this check wasn’t strictly necessary. If the company isn’t registered in the UK, it certainly cannot hold FCA regulation.
A legitimate and verified brokerage firm from the UK must provide a registration number and a link to Companies House so users can confirm its official registration. Additionally, such a broker is required to obtain an FCA license for its operations to be legal. However, here, there’s nothing, and the legal address is fake.
How Long Has Bits4Hold Been in the Game?
The company’s website has two sections that should reveal its activities, but nowhere is the founding date mentioned. Something to hide? It seems so. You can easily find the platform’s approximate age by checking the domain registration, which shows when the broker started attracting traders. This scammer’s domain was registered in April 2024, so it’s only been six months. That’s a very short operating period.
Extra Fraud Indicators
The broker claims to make money on spreads and commissions, yet there’s no publicly available table of spreads and swaps on the site. Moreover, in the trading conditions description, the company states that it doesn’t charge any commissions at all. So, how does Bits4Hold make money? The answer is simple — on clients’ losses. This is a classic dealing desk that processes traders’ orders itself and acts as their counterparty. Clients and the company cannot profit simultaneously: someone loses for the other to gain. And that “other” will always be the platform itself.
The trading conditions resemble those of a typical scam broker:
- A huge minimum deposit of €10,000.
- High leverage up to 1:100. Serious regulators, by the way, prohibit offering leverage above 1:30.
- Bonuses and cashback — favorite marketing tricks of scammers.
Finally, we decided to check the company’s contact information. It turns out the email listed on bits4hold.com doesn’t exist. The scammers provided fake contact details. They didn’t even bother to register an email and are hiding behind a fake. How pathetic that looks.
Is Bits4Hold the Right Fit?
We strongly recommend steering clear of this company and trusting only reputable brokers with verified reputations and licenses. Don’t let Bits4Hold deceive you and add you to the list of victims of this dubious platform.
Trading on bits4hold.com was a terrible idea. I suspected the company was shady and risky, but I still deposited 15K EURO. I regret that decision. The funds were credited to my account, and I started trading. All this time, I tried to contact the managers, but I couldn’t reach them. They literally ignored me. I didn’t think much of it until I attempted to withdraw my funds. My deposit dwindled down to 12K EURO. After that, I decided to get my money back. However, it’s been 1.5 months, and I still haven’t received the funds. My withdrawal request isn’t being processed. The scammers aren’t responding. I’ve definitely fallen into a fake company, and I don’t know what to do now.