ANSWER Dear Investor,
Bitelity has not provided any regulatory information regarding forex trading, merely offering addresses in the Netherlands and the United Kingdom.
However, upon searching the databases of both the Financial Conduct Authority (FCA) and the Dutch Authority for the Financial Markets (AFM), we found no records related to Bitelity. This indicates that the platform is conducting investment activities illegally without authorization in these jurisdictions. Furthermore, the Financial Services and Markets Authority (FSMA) added Bitelity to its warning list on June 30, describing it as a suspected fraudulent platform with extremely high risks.
To ensure you do not suffer significant financial losses, we strongly advise you to avoid any dealings with such platforms that have received regulatory warnings.
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