Is TheFBTC reliable?

https://thefbtc.com/

Dear Investor,

We are concerned that TheFBTC is a scam.

Despite claiming to be based in Switzerland, TheFBTC is not registered with the Swiss Financial Market Supervisory Authority (FINMA). So the entity is operating out of the country without authorization.

In addition, the Comisión Nacional del Mercado de Valores (CNMV) has flagged TheFBTC for the lack of the required authorization. This further raises doubts on the legitimacy of TheFBTC.

Therefore, we strongly suggest you avoid using TheFBTC to protect yourselves from potential fraud schemes. To have a safer trading environment, it is recommended to opt for fully regulated brokers instead.