✔️ Information reviewed and updated in April 2024 by Eduardo López
⭐ Opinions and information about the Mybitchain broker ⭐
¿Is the Mybitchain broker (aka mybitchain.com) really trustworthy? ✅ Is it safe for you to invest your money with this company? ❎ Is Mybitchain reliable? ❎ In this section we will analyze the company and its reputation as such on the internet.
Do you want to give us a hand and help us with information about this company? We invite anyone who has experience with this company, to leave a comment with their experience and to give the company a score according to their experience with it. 
Let's start with the analysis:
✔️ What is Mybitchain? Mybitchain is a broker of: Forex, Cryptocurrencies and CFDs.
✔️ The broker mentions be part of: not mentioned.
✔️ Where is it based? Mybitchain is based on: it mentions being based in Austria but since it has no registration in this country we believe it to be false.
✔️Is it a regulated broker? If we talk about regulation, the Mybitchain broker does not mention being regulated.
❌ Actual location of company offices? We don't know yet, we appreciate someone (brave) giving us this information.
❌ Names of the actual owners? Still unknown, we appreciate any information.
We will continue to analyze the different account types that Mybitchain offers. In the case of Mybitchain, we note that it has 3 different plans or types of account: Bronze Account, Gold Account and Platinum Account.
🔹 Bronze Account- Minimum deposit of $ 250, leverage of 1: 100, spreads from 0,7 (pips), Complete educational package, Personal Financial Advisor, 24/5 Customer Support.
🔹 Gold Account- $ 2.500 minimum deposit, 1: 200 leverage, spreads from 0,7 (pips), Personal Account Manager, Personal Financial Advisor, Trading Expert, 24/5 Customer Support, Complete Educational Package.
🔹 Platinum Account- $ 25.000 minimum deposit, 1: 100 or 1: 200 leverage, Personal Account Manager, Personal Financial Advisor, Trading Expert, 24/5 Customer Support, Complete Educational Package.
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🔸 The platform used to operate is: WebTrader platform.
🔸 Now, yes, we will analyze the different resources and aids that the company provides to traders on its website: we see some explanations of the products that Mybitchain offers, explanation of basic concepts of the world of investments, really not much else.
Mybitchain features
What we like the most
- Modern investment platform.
- Low initial deposit.
What we like least
- Unregulated company.
- Little transparent company.
- Bad reputation | Many complaints.
- Very unsafe location.
- You will probably have problems withdrawing your money.
- In general, a very unsafe company.
Additional information about the company
🔸 Phone number: 43720145047 | 442039122474
🔸 E-mail: [email protected]
🔸 Website: mybitchain.com
🔸 Bonuses, promotions, offers: None by the moment
🔸 Clarification: If you think that our review is not correct, or you have a different opinion about this company, we invite you to leave a comment in this section - rating with your opinion.
⭐ Mybitchain Rating ⭐
☑️ With the information we have so far, the comments, evaluations and criticisms of users and traders, ⚠️ our opinion is that it seems like a broker with which we have to be careful ⚠️. We do not recommend it.
☑️ Why? Is a broker no regulation and further we do not know its true location, on the other hand, when looking for information and other evaluations about mybitchain find a lot of negative reviews and complaints, overall negative feedback.
(I.e. Is Mybitchain safe? How reliable is Mybitchain? ❎ We consider it to be an unsafe, unreliable company and we do not recommend it. ❎ Why? For the reasons mentioned above. Here you can read comments about Mybitchain.
❗ August 2021 update: FMA, Austrian financial regulator, has reported Mybitchain due to fraudulent activities.
🚫 Link to the warning 🚫 on the official website of FMA.
❗ December 2021 update: AMF, French financial regulator, has reported Mybitchain due to fraudulent activities.
🚫 Link to the warning 🚫 on the official website of AMF.
Do you know this company? Do you think our opinion is not correct? Have you operated with this broker? Share a comment with your experience.
Are you part of mybitchain? Are you a representative or worker of the company? Write to us at >> use this form <<
Hello, I am investing with them and now that I have seen the complaint from the FMA I am afraid that they will never return my money. What I can do? Thanks.
Hi Daniel, this broker called Mybitchain is a SCAM, the FMA (Austrian Financial Regulator) has denounced Mybitchain for fraudulent activities (See FMA link), it is not advisable to invest money in a NON-REGULATED broker. It's a SCAM and does not return money to its customers.
ALL positive comments from this broker are FALSE, they are made by their own workers to confuse investors, flood social networks with positive messages about them and it's all FALSE! and when customers ask them about our reviews they say we are from the competition, also FALSE !.
If they force you to pay some type of tax, legalization or something similar, do not even think about doing it, that indicates that they are a fraud since those taxes don't existThey ask for it so they can steal more money from you.
We recommend to all those affected recover the money from the CHAT what we have on the web or in the following link: Get your money back, we are on your side
Greetings.