Bitboosttrade presents itself as a provider or promoter of financial services and products but is listed on the FCA Warning List. The firm is not authorised by the FCA and may be targeting people in the UK, so consumers should be cautious.
Bitboosttrade presents itself as an online trading platform and investment broker offering access to FX, crypto and other markets. In many user comments and alerts, Bitboosttrade is described as an unauthorised trading firm that pressures people to deposit funds and offers aggressive sales pitches. This section summarizes how the site and its sales methods work and why so many people report problems.
The FCA flagged Bitboosttrade because it is not authorised to provide regulated investment services in the UK. Authorities commonly add firms to the warning list for several reasons: using fake or borrowed contact details, targeting UK consumers without permission, and showing signs of likely fraud or misleading marketing. Complaints and reports from investors often trigger an FCA warning, especially when multiple users report similar unsafe practices. You should pay attention to this Bitboosttrade FCA Warning because dealing with unauthorised firms removes important protections such as FSCS compensation and the Financial Ombudsman Service. The FCA warning is a clear signal to stop before any money changes hands.
Name: Bitboosttrade. Some firms may give incorrect contact details including postal addresses, telephone numbers and email addresses. They may change these contact details over time. They may also give you details that belong to another business or individual, so the information looks genuine.
Unauthorized This firm may be providing or promoting financial services or products without our permission. You should avoid dealing with this firm and beware of scams. Almost all firms and individuals must be authorised or registered by us to carry out or promote financial services in the UK. This firm is not authorised by us and may be targeting people in the UK. Search our Warning List for other unauthorised firms and individuals we’re aware of. Unauthorised firm details Name: Bitboosttrade Some firms may give incorrect contact details including postal addresses, telephone numbers and email addresses. They may change these contact details over time. They may also give you details that belong to another business or individual, so the information looks genuine. What this means for you If you deal with this firm, you won’t have access to the Financial Ombudsman Service if you want to complain. You also won’t be protected by the Financial Services Compensation Scheme (FSCS) if things go wrong. This means it’s unlikely you’d get your money back if the firm goes out of business. If you sent money to a fraudster on or after 7 October 2024, you may be covered by protections introduced by the Payment Systems Regulator (PSR). Find out what to do if you’ve been tricked into making a payment to a scam account. How to protect yourself You should only deal with financial firms that are authorised by us. If a financial firm is authorised by us, it gives you greater protection if things go wrong. You can use the FCA Firm Checker to make sure a financial firm is authorised by us and has our permission to provide the services you’re looking for. You’ll also be able to find: information on how you’re protected contact details for authorised firms If you’re contacted unexpectedly by a financial business, make sure you reply using the contact details on the Firm Checker. Find out more about how to protect yourself from scams. Report an unauthorised firm If you think you’ve been approached by an unauthorised firm, call us on 0800 111 6768, or use our contact form.
Only use firms authorised by the FCA and check the FCA Firm Checker before you register or send money. Verify licence status, look up reviews and complaints, and don’t rush into deposits after unsolicited contact. Be careful with high-pressure sales, guaranteed returns, or requests to move money to unknown accounts. If you think you have been scammed, contact your bank right away and report the incident to local authorities and Action Fraud in the UK. Keep records: screenshots, emails, payment receipts and any chat logs. Share these with authorities and your bank to support recovery attempts. You can also search the FCA Warning List for details and cross-check any contact details you received against official listings. If you’re unsure about a claimed regulator, call the regulator directly using published phone numbers. Stay informed by subscribing to our website, follow updates about scam brokers, check reviews regularly, and always verify licenses before investing.
Bitboosttrade is a scam broker and you should not trust this broker. The FCA lists Bitboosttrade as an unauthorised firm targeting people in the UK; dealing with them means you will not have access to the Financial Ombudsman Service or FSCS protections. This review of Bitboosttrade in 2025 highlights clear risks: misleading contact details, lack of authorisation, and potential fraud. Do not send money to Bitboosttrade and verify licences on the FCA Firm Checker before engaging with any financial service.
