FCA warns against ByBit

ByBit is not authorised or registered by the FCA. Based upon information that FCA holds, they believe that the firm is carrying on regulated activities which require authorisation.

Details

Website: https://www.bybit.com

Instagram: @bybit_official

Facebook: @bybit

Twitter: @Bybit_Official

How To Protect Yourself From Scams 

Brokerswatch recommends investing only with brokers that are regulated by reputable authority.

Reputable regulatory authority provides additional protection to investors by ensuring that financial firms apply proper standards and rules. Additionally, if the broker tries to cheat you out of your money, it is the regulator’s job to force the financial firm to compensate you for any wrongdoing.