Financial Commission Adds BITS Finance to Its Warning List

The Financial Commission, an independent external dispute resolution (EDR) organization, announced that it has added the broker BITS Finance to its warning list as it has been notified by concerned traders regarding the company and its associated website.

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Upon reviewing the submitted information from potential customers of this broker, the commission has determined that the indicated company and associated website may be used to scam and defraud traders and investors.

As a result, the commission does not recommend doing business with this entity, either individuals purporting to represent this broker on social media and in private messages on popular messaging apps.

Most recently, the commission has issued a warning against GXCM, a broker that claims to be an advanced CFD and Cryptocurrency online investing platform.

Earlier this month, the Financial Commission has partnered with Your Bourse​ for the retail brokerage and institutional marketplace looking to optimise their trading experience and results.