ANSWER ActiveBitSignal is an unlicensed broker we advise against trading with despite the seemingly attractive deals it offers.ActiveBitSignal provides zero details about its regulatory status, which is a clear indication of an unlicensed broker, as legitimate ones always prominently display their accreditation and licenses. While looking through their website, we noticed that it claims to be located in the United States. As per US law, brokers operating in the US must be a member of the National Futures Association (NFA). However, our search for this broker in the NFA registry didn't yield any results.As for your question, ActiveBitSignal is an unregulated broker. Entrusting this broker to hold and control your funds or trading with it is highly risky, as there are no safeguards in place to prevent fraud or theft. Therefore, we strongly suggest investors stay away from unlicensed brokers like ActiveBitSignal and opt for fully regulated ones instead.
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