Digibits

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CheckBroker register › Digibits
AC-509017

Digibits

⚠ Flagged on the register · High risk

We checked Digibits against the AskCheck register. It has been reported (2022) and carries the red flags below. Treat it with extreme caution.

Why it’s flagged

⚑ Unregulated / unlicensed⚑ Offshore / shell registration

What we found

The website of Digibits, a forex broker previously registered with the Financial Services Authority of St. Vincent and the Grenadines (SVG FSA), has been shut down. Its domain, digibitsfx.com, is set to expire in early December 2023. Regarding its registration with the SVG FSA, the license has already been revoked. Consequently, Digibits is now technically an unlicensed trading platform. In essence, Digibits is not regulated by any governing body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. Digibits is unequivocally a scam.

Assessment source: FastBull BrokersView.

What to do next

  1. Stop sending money. Don’t make another deposit, pay a “tax” or “release fee”, or share remote-access to your device.
  2. Gather your evidence. Save statements, chat logs, transaction IDs and the wallet addresses you paid to.
  3. Report it to your regulator and to local police / action-fraud line so it’s on the official record.
  4. Add your report here so the next person searching this name is warned — report Digibits.
  5. Verify on the register. Cross-check the full entry on the SentFunds register before you trust anyone offering to help.
Beware recovery scams. After a loss, fraudsters often return posing as “recovery agents” who guarantee your money back for an up-front fee. AskCheck is a free public checker — we don’t recover funds and we don’t guarantee funds can be recovered. Never pay anyone who promises a guaranteed recovery.

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