✔️ Information reviewed and updated in April 2024 by Pedro Martínez González

In this section we will tell you why You should NOT invest in Polarbtc. 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 Polarbtc and we will tell you why we reached such a conclusion:

Basic Information

🌐 Websitepolarbtc.com
🏠 CompanyUnmentioned
RegulatoryNot regulated
📧 Email[email protected]
📈 LeadingOwn platform
📌 Direction5 Churchill Pl, London E14 5HU, United Kingdom (fake)

⚠️ Polarbtc does not mention the legal name of the company that operates it and the published address does not correspond to any financial company. Clients are unprotected. ⚠️

Account types

Now we will analyze the types of accounts offered by Polarbtc, in this case, we observe that it offers 7 different types of accounts:

Account typeMinimum initial deposit
Bronze€10,000
Silver€25,000
Gold€50,000
Platinum€100,000
Diamond€250,000
Premium€500,000
VIP€1,000,000

Information on the web

Polarbtc website

Polarbtc provides a basic explanation about the financial products it offers, market news and analysis, economic calendar, asset calculator, FAQ section, really not much more than this.

List of phone numbers

  • +442038379938
  • +442039961868

🚫 Final evaluation of Polarbtc 🚫

Finally, and in a few words, our recommendation is: DO NOT INVEST WITH Polarbtc.

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 Polarbtc:

Date Update – news
May 2023Complaint against Polarbtc of CNMV.
June 2023Complaint against Polarbtc of FSMA.

User Reviews

[democracy id = ”7469 ″]

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 Polarbtc

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 Polarbtc

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 Polarbtc?

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 Polarbtc a scam – is it a scam?

Yes. We believe Polarbtc 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 Polarbtc trustworthy?

No. Polarbtc is not trustworthy, it is a very unsafe 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 Polarbtc?

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 Polarbtc?

Yes, of course there are better and safer options! You can see here the brokers we recommend: ranking of the best brokers.

About the Author: Pedro Martinez Gonzalez

I'll tell you a little about myself! I am a financial analyst and economist with a master's degree in finance.
About my studies: I studied at the University of Salamanca for a Degree in Economics and then did a Master's in Finance in Madrid.
Do you want more information? You can read more about me here in my biography.

12 comments on «Is polarbtc a scam? Opinions of 2023»

  1. LEO Reply

    THEY ARE PROFESSIONAL SCAMMERS, I CONTACTED A SAMUEL, TEL +4479404905 FROM THE UNITED KINGDOM. I ENTERED 5.000 EUROS AFTER A TIME I HAD ABOUT 20.000 EUROS.
    TO WITHDRAW THE MONEY THEY TELL YOU THAT YOU HAVE TO PAY SOME TAXES BEFORE WITHDRAWING.
    DON'T EVEN THINK OF DOING IT BECAUSE YOU WON'T SEE ANYTHING AGAIN.
    A BANG OF UNSCRUPLE BAGS.

    • Recommended-brokers.com Reply

      Hi LEO, thanks for commenting on Polarbtc. This broker is a SCAM. The FSMA (Financial Regulator of Belgium) has already warned about them, for fraud and not being regulated (See FSMA link). Do not send them money, they want to get as much money as possible with lies, the operations are not real, the money is not put on the market, they only show it and in the end they tell you that you have lost and they keep it.

      If to withdraw your money they ask you for more to pay taxes, fees, legalizations, etc. Do not do it! It is a clear sign that they want to steal your money and they will not return anything even if you pay.

      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.

      Do you have names of advisers, numbers, emails from which they have contacted you? Do you remember how you found this broker in the first place?

      To recover your money, try our CHAT or in the FORM of this link: CLAIM YOUR MONEY

      Greetings.

  2. Jordi Reply

    Polarbtc is a SCAM! You make a first deposit, then they keep calling you to make more deposits, they inflate your account so that you want to withdraw and when you do so they send you the amount in USDT to a wallet with the condition that the USDT received They are blocked until you make the payment of the commission but do not do it since the USDT token they send you is fake and has a value of 0, which means they defraud you of the amount made in the first deposit and the amount you send as a commission to be able to activate the withdrawal. In my case it is 250 euros scammed that I made in the first deposit but I have seen in the comments people who have scammed large amounts. I hope and wish that it can help so that other people do not lose capital.
    Telephone list:640888456 – 640241206 – 671949435 – 606077849 – 647814937 – 631560870 – 654069378 -669322849 – 655906652 -657 681649 -647087762 – 670682420 – 606088276 – 641252145 – 609145055 – 647610940 – 657396682- 623505940 – 673506955 -608126596

    • Recommended-brokers.com Reply

      Hello Jordi, thanks for commenting on Polarbtc. This broker is a SCAM. The FSMA (Financial Regulator of Belgium) has already warned about them, for fraud and not being regulated (See FSMA link). Do not send them money, they want to get as much money as possible with lies, the operations are not real, the money is not put on the market, they only show it and in the end they tell you that you have lost and they keep it.

      If to withdraw your money they ask you for more to pay taxes, fees, legalizations, etc. Do not do it! It is a clear sign that they want to steal your money and they will not return anything even if you pay.

      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.

      Do you have names of advisers, numbers, emails from which they have contacted you? Do you remember how you found this broker in the first place?

      To recover your money, try our CHAT or in the FORM of this link: CLAIM YOUR MONEY

      Greetings.

  3. john carlos perez Reply

    I was scammed with polar btc the person who contacted me is called Camila and in the end they asked me for another amount to withdraw and they have not returned anything

    • Recommended-brokers.com Reply

      Hi Juan Carlos, thanks for writing about Polarbtc. Currently this broker is considered a SCAM.

      If you are a client, do not make more contributions, their only objective is to steal from you, they manipulate operations manually, they keep the money from when it reaches their accounts, it does not enter the market, everything is prepared for you to lose or make you lose your money to have the excuse to keep it.

      If you decide to withdraw and they request a ransom in the form of commissions, taxes, fees, legalizations, etc. Never pay it! That's the warning, from that moment you have to know that you are a client of a scam broker and no matter how much you pay you will never see your money.

      To help other users or customers, provide as much information as possible, explain how everything happened, where you saw the advertising, who called you, numbers from which you were dialed, emails and everything that comes to mind.

      If you want to recover your money go to our chat or check the form in this link: CLAIM YOUR MONEY

      Greetings.

    • Recommended-brokers.com Reply

      Hi Vilma, thanks for commenting on Polarbtc. This broker is a SCAM. The FSMA (Belgian Financial Regulator) has already warned about them, for fraud and not being regulated (See FSMA link). Do not send them money, they want to get as much money as possible with lies, the operations are not real, the money is not put on the market, they only show it and in the end they tell you that you have lost and they keep it.

      If to withdraw your money they ask you for more to pay taxes, fees, legalizations, etc. Do not do it! It is a clear sign that they want to steal your money and they will not return anything even if you pay.

      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.

      Do you have names of advisers, numbers, emails from which they have contacted you? Do you remember how you found this broker in the first place?

      To recover your money, try our CHAT or in the FORM of this link: CLAIM YOUR MONEY

      Greetings.

  4. Antonio Reply

    Hi, I'm new, I think they scammed me. They ask me for an amount of money to be able to withdraw my capital, from polarbtc. I would appreciate your help. How could I still pass it to a safe place, otherwise it's phantom money, Thank you

    • Recommended-brokers.com Reply

      Hi Antonio, thanks for writing about Polarbtc. Currently this broker is considered a SCAM.

      If you are a client, do not make more contributions, their only objective is to steal from you, they manipulate operations manually, they keep the money from when it reaches their accounts, it does not enter the market, everything is prepared for you to lose or make you lose your money to have the excuse to keep it.

      If you decide to withdraw and they request a ransom in the form of commissions, taxes, fees, legalizations, etc. Never pay it! That's the warning, from that moment you have to know that you are a client of a scam broker and no matter how much you pay you will never see your money.

      To help other users or customers, provide as much information as possible, explain how everything happened, where you saw the advertising, who called you, numbers from which you were dialed, emails and everything that comes to mind.

      If you want to recover your money go to our chat or check the form in this link: CLAIM YOUR MONEY

      Greetings.

  5. Lautaro Reply

    This company does not pay. My husband was scammed, don't do it, you'll thank me later. Greetings.

    • Recommended-brokers.com Reply

      Hi Lautaro, thanks for writing about Polarbtc. Currently this broker is considered a SCAM.

      If you are a client, do not make more contributions, their only objective is to steal from you, they manipulate operations manually, they keep the money from when it reaches their accounts, it does not enter the market, everything is prepared for you to lose or make you lose your money to have the excuse to keep it.

      If you decide to withdraw and they request a ransom in the form of commissions, taxes, fees, legalizations, etc. Never pay it! That's the warning, from that moment you have to know that you are a client of a scam broker and no matter how much you pay you will never see your money.

      To help other users or customers, provide as much information as possible, explain how everything happened, where you saw the advertising, who called you, numbers from which you were dialed, emails and everything that comes to mind.

      If you want to recover your money go to our chat or check the form in this link: CLAIM YOUR MONEY

      Greetings.

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