Digibits Review


Investors Alert Digibits – Regarding registration of issuance, offer or sale of securities/derivatives, and reporting requirements


Welcome to our comprehensive review of Digibits FX, a forex and CFD broker that claims to provide a wide range of trading instruments, including cryptocurrencies, commodities, indices, and stocks. In this review, we will meticulously explore various aspects of Digibits FX to help you make an informed decision about whether to engage with this broker or exercise caution.

Products and Services

Digibits FX markets itself as a one-stop solution for diverse trading instruments, encompassing forex pairs, cryptocurrencies, commodities, indices, and stocks. However, our investigation revealed a significant lack of transparency regarding crucial trading conditions such as leverage, spreads, commissions, and swap rates. This dearth of information poses a challenge for traders seeking to make informed decisions and hinders the ability to compare Digibits FX with other brokers in the market.

Moreover, the absence of demo accounts or educational resources raises questions about the broker’s commitment to assisting clients in enhancing their trading skills or testing strategies before committing real funds. The sole service offered, a web-based trading platform, lacks substantiation through screenshots or videos on the website. Notably, popular platforms like MetaTrader 4 or 5, favored by many traders globally, are conspicuously absent, leaving potential clients in the dark about the quality and functionality of Digibits FX’s platform.

Financial Institution & Regulatory License

One of the pivotal factors influencing the credibility of a forex broker is its regulatory standing and affiliation with reputable financial institutions. Unfortunately, Digibits FX falls short in this critical aspect, as there is a glaring absence of information about its regulatory status on its website. Operating without a license and regulatory oversight exposes clients to a myriad of risks, including potential fraud, manipulation, or misappropriation of funds.

Regulated brokers, on the other hand, adhere to stringent rules and standards, ensuring the protection of clients’ interests and funds. Given Digibits FX’s lack of regulatory disclosure, we strongly advise potential investors to exercise caution and consider brokers regulated by recognized authorities like the FCA, ASIC, CySEC, or NFA.

Trader’s Reviews and Customer Service

A vital aspect of assessing a broker’s reputation and reliability is through customer reviews and feedback. Unfortunately, our search for reviews about Digibits FX yielded limited results, and what we found was predominantly negative. Clients complained about poor service, high fees, withdrawal problems, and aggressive marketing tactics.

The scarcity of reviews and the predominantly negative sentiment raise concerns about the satisfaction and trustworthiness of Digibits FX. Additionally, despite the broker’s claim to offer 24/7 customer support via various channels, the absence of a visible phone number or live chat option on the website raises doubts about the accessibility and responsiveness of its customer service.

How do Online Trading Scams Operate

Understanding the modus operandi of online trading scams is crucial for safeguarding oneself in the financial markets. Scammers often employ tactics such as promising unrealistic returns, pressuring individuals to invest quickly, and creating a sense of urgency. In the case of Digibits FX, the lack of transparency, absence of regulatory information, and negative reviews align with patterns commonly associated with potential scams.

Investors should exercise caution when encountering brokers with inadequate disclosure, unrealistic promises, and a lack of regulatory oversight. Verifying a broker’s credentials, researching reviews, and seeking advice from trusted financial sources are essential steps in avoiding falling victim to online trading scams.

Risk of Sending Funds to Offshore Company

Digibits FX’s reluctance to disclose its physical address and limited contact options, primarily an online form and an email address, raises concerns about the transparency and legitimacy of the broker. Furthermore, the exclusion of clients from specific countries, coupled with the lack of regulatory information, adds another layer of risk. Sending funds to offshore companies, especially those operating without proper regulatory oversight, heightens the risk of financial loss, fraud, and an inability to seek legal recourse.

Investors should be wary of brokers that operate in such a clandestine manner, as the risk of funds ending up in unregulated and potentially fraudulent entities is significantly higher.


In conclusion, our in-depth review of Digibits FX highlights several red flags that potential investors should carefully consider. The lack of transparency regarding regulatory status, negative customer reviews, and the absence of crucial trading information poses significant risks. The potential operation of Digibits FX as an online trading scam further reinforces the need for caution.

Given these findings, we strongly advise against engaging with Digibits FX and recommend exploring alternative brokers with transparent practices, regulatory compliance, and positive client feedback. The risks associated with unregulated and opaque brokers are substantial, and protecting your investment should be the top priority in the dynamic and sometimes treacherous landscape of online trading.

Add Your Heading Text Here