Mygoldenbit.com Reviews Scam

Mygoldenbit.com Reviews

4.7 Rating
13 Reviews

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MyGoldenBit Review - Is MyGoldenBit Legit?

MyGoldenBit is a website offering binary options trading. It accepts credit cards, debit cards, and bank transfers. Withdrawal requests are processed within three days. However, there are fees to be paid upon cashing out. These fees are not clear. Furthermore, MyGoldenBit is not regulated, which is a big disadvantage for its customers.

Before registering with MyGoldenBit, make sure you learn about the company's regulatory status. You can find this information by visiting its contact page. Unlike the Marshall Islands, which lacks any regulatory oversight, the United Kingdom has a regulatory body charged with enforcing anti-scam policies. UK-based brokers are required to maintain segregated client accounts and to report on their open and closed trades daily.

Withdrawal requests at MyGoldenBit can take up to three days to process. Furthermore, the company's legal documents reveal fees associated with ambiguous processes. This is a common scam broker practice. The company may even commission users for things they do not deserve. Aside from commissioning users for arbitrary things, MyGoldenBit's withdrawal process is the same as those of most illegal brokers.

While MyGoldenBit may promise to help you make money from forex trading, this program isn't worth the money you'll spend. The biggest mistake people make when using a forex trading software is trusting a company that promises no work. If you want to maximize profits and make profits, you'll want to find a reputable forex broker.

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