✔️ Information reviewed and updated in March 2024 by Pedro Martínez González
In this section we will tell you why You should NOT invest in Hotbit. We analyze the website, we observe every detail and we examine the main characteristics that are taken into account when choosing a good broker such as the location, the company to which it belongs, its regulation, its reputation…
A pocas palabras WE DO NOT RECOMMEND IT. Below we will show you essential information about Hotbit and we will tell you why we reached such a conclusion:
Basic Information
🌐 Website | hotbit.io |
🏠 Company | Unmentioned |
️ Regulatory | Not regulated |
Does not have | |
📈 Leading | HOTBIT |
📌 Direction | Unknown |
⚠️ Hotbit does not mention the legal name of the company that operates it and there is no data on its location. Clients are unprotected. ⚠️
Account types
Hotbit does not offer different accounts to operate.
Information on the web
Hotbit provides a basic explanation about the financial products it offers, market news and analysis, economic calendar, asset calculator, personal experiences, really not much more than this.
List of phone numbers
At the moment we have not found phone numbers.
🚫 Hotbit Final Rating 🚫
Finally, and in a few words, our recommendation is: DO NOT INVEST WITH Hotbit.
As we mentioned before, it is a financial company located in a place where you will not have protection from the law in case of being harmed, that is, you will not be able to claim anyone if an unfortunate event occurs such as the sudden loss of your funds or the closure of the company.
In case of problems, it is most likely that the authorities of your country will not be able to do anything. As a client of this company you are unprotected!
Investing with unregulated brokers or brokers based in such countries is very risky. It is best to invest with a regulated broker, based in a serious country.
Updates
News about Hotbit:
Date | Update – news |
---|---|
May 2023 | Complaint against Hotbit CNMV. |
User Reviews
What is your opinion? We invite you to collaborate with us and vote. You can also leave a comment about your experience with .
At the end of the review you will find customer comments.
How to Claim Money Scammed by Hotbit
If what you want is to know how to claim your capital, if you have been scammed, further down in the FAQ section you can find our advice.
How to Report Hotbit
If you feel dissatisfied with the service provided by the company, and for some reason you want to report it, below, in the FAQ section, you can find the best way to report this company.
FAQs
How can I report Hotbit?
This depends on where you are, you should go to the financial regulator in your country. Write us a comment on this review and we will help you.
Is Hotbit a scam – is it a scam?
Yes. We believe Hotbit is Scam. We have received messages from clients who mention not being able to withdraw their capital, this added to other very negative characteristics of the company.
Is Hotbit reliable?
No. Hotbit is not reliable, it is a very unsecure company: 1) is based in unsafe countries, 2) has a very bad reputation 3) has a lot of complaints 4) It is a relatively new broker without seniority. These characteristics make the company very unreliable.
How to recover money from Hotbit?
If you want to know how to recover your capital, you can see it here. We explain in detail the process of recovering money from a scam company, step by step.
Are there (recommended) alternatives to Hotbit?
Yes, of course there are better and safer options! You can see here the brokers we recommend: ranking of the best brokers.
Thanks for the review, I'm going to use your services, I'll tell you later.
Hello Lorenzo Cabanillas, thanks for commenting on Hotbit, any information is of great help to our users.
If you have more information about the company, we ask you to share it with us, especially if it is information that you think can help other people investing with this company.
Greetings.