AskForBit Review: Analyzing Responsiveness

It seems that AskForBit is yet another scheme trying to use the fact that cryptocurrencies are not an entirely regulated field to defraud clients. The broker offers all of the biggest markets but insists on trading crypto, even accepts crypto to make a deposit.

Since cryptocurrency transactions are hard to follow, we recommend that you read our AskForBit review and avoid that kind of investing.

AskForBit Regulation And Security

AskForBit is a brand owned by Askforbit Ltd, allegedly based in Australia, operating under ACCE Australia Pty Ltd. They also have another entity in Germany. It would all be tremendous, only if it was true. ACCE Australia Pty Ltd is a legit company operating under the domain accegroup.com.au and has nothing to do with AskForBit brokerage. Also, the entity in Germany hasn’t been found, nor can we locate AskForBit regulation with ASIC or BaFin.

It all indicates you’re dealing with a fraudulent firm that might even be based offshore, adding false information to their website.

Also remember the names of the FX Quote 247, ImperialFunding and Smart Trade Group trading scams and avoid them at all costs! Moreover, always check the background of online trading companies before investing!

Fund Withdrawal Issues With AskForBit

Just a couple of months ago, this same company claimed to be based in Dominica and the UK, while now we have Germany and Australia. With so many false declarations, it’s no wonder clients are experiencing issues withdrawing funds. If you have no regulator to complain to, getting funds back is a challenging task. Especially if the brokerage is shady as AskForBit.

If you come to a situation where the broker’s employees are not processing your withdrawal request and you can no longer access your trading account, it’s time to get help and file a dispute for a chargeback.

Traders About AskForBit Scam

Once scammed, traders can only write AskForBit reviews and warn those who come after. According to these reviews, there are many complaints regarding withdrawals, but also about broker’s account managers who are giving lousy advice on purpose. Everyone involved claims that they have been making money up until the point they asked for a payout. That’s when the account manager accidentally suggested a bad trade, and all clients’ money was gone.

The broker operates mainly in Australia and New Zealand, so pay special attention.

If you experience something similar, report it immediately!

In addition, we strongly advise you not to invest in AvaChoice, Global GT and FlexInvest fraudulent brokers.

How Does Online Trading Scam Work?

Online trading scams usually start from an ad showing how trading can be an immense source of income. You see millions made within weeks from the initial deposit of only $250. Some trading software is giving market predictions so accurate that it’s impossible to make mistakes. As AskForBit itself suggests, returns can be up to 92%. 

Brokers use different phrases, such as “up to,” “potentially,” and more, to sell you a dream. Once you buy it, you’re let down a black hole, and the only way out is through legal authorities.

Scammed by AskForBit? – Tell Us Your Story

If you have been scammed by AskForBit or a similar bogus broker, let us know. Our team of specialists will review your case and give you some of the best options for a successful chargeback dispute resolution.

But What Is A Chargeback?

This is a way for your bank to reverse the fraudulent transaction up to 540 days after they occur. If you have been a victim of an online trading scam, contact us via online chat. Book your free consultation with a chargeback expert, and let’s get your money back before it’s too late!