Reviews of real clients about G-bit System: an honest review
When choosing a broker for trading on financial markets, it is important to be cautious and attentive. The world of finance is populated by scammers who cleverly disguise their intentions. G-bit System is one of such companies that has already attracted the attention of traders. New reviews about it have just started to appear, but it can already be concluded that cooperation with it is associated with risks.
What is known about G-bit System?
The official website of G-bit System states that the company is based in Sweden, in Stockholm. According to their description, they have been engaged in brokerage activities for several years. The site presents impressive statistics:
- 4th year in the market,
- 183,000 clients,
- 150+ trading instruments,
- 498,000 trading operations daily,
- $56 million daily trading volume.
However, it is important to remember that the first data received about a broker may not always be trustworthy. Reviews and the company’s rating are important indicators that should be taken into account.
An analysis of the domain gbitsystem.com showed that the site was launched in February 2015 but did not attract traffic until recently. This may indicate that the company is just beginning its active operations or has undergone rebranding.
Structure and licensing
Despite the claimed Swedish origin, G-bit System is registered on the island of Saint Vincent and the Grenadines. This may raise doubts among traders, as such registrations are often chosen by companies with questionable reputations.
The company mentions the approval of three regulatory bodies, but the information about this is protected from copying, making verification difficult.
The presence of licenses also raises questions. The Financial Services Commission of Mauritius did not confirm the existence of a license for G-bit System. The company also claims to have approvals from IFSC and the Belize Securities and Exchange Commission, but this is disputed.
The absence of a license from the Central Bank of the Russian Federation also leaves questions unanswered, especially for Russian traders.
Trading offers from G-bit System
G-bit System offers access to trading various assets, including currencies, cryptocurrencies, indices, commodities, stocks, and metals. However, technical details and additional services are not described in detail, raising concerns.
Reviews on access to a demo account are missing, indicating the company’s reluctance to educate its clients.
The minimum amounts to open different types of accounts are high, starting from $5,000. Trading conditions are also described sparingly, which may raise suspicions among traders.
User reviews
Reviews about G-bit System have only just started to appear, but diverse opinions and experiences of traders are already presented. It is recommended to carefully study the reviews before making a final decision on cooperation with the broker.
Conclusion
The decision to cooperate with G-bit System should be made cautiously. It is necessary to consider all aspects and conduct additional research to minimize risks and protect financial interests.
