Reliable Bitcoin Mining is a forex broker whose official website domain was registered on June 28, 2023, primarily offering investors trading services in financial derivatives such as forex, stocks, indices, energy, metals, and ETFs contracts for difference (CFDs). This broker does not provide services to judicial jurisdictions that may violate local laws or regulations.
Company Registration Information and Regulatory Status:
According to public information on the official website of Reliable Bitcoin Mining, the broker has several corporate entities under its banner, regulated by various regulatory bodies. Among them, Reliable Bitcoin Mining Ltd has been authorized and licensed by the Cyprus Securities and Exchange Commission (CySEC), with a license number of 1780019. Reliable Bitcoin Mining (registration number HRB11677B) is a designated agent registered with the German Federal Financial Supervisory Authority (BaFin). Furthermore, this broker was authorized by the Mauritius Financial Services Commission (FSC) as an investment dealer on October 2, 2017, under the regulation, holding a license number of C17554381. TVH Ltd is authorized and regulated by the Seychelles Financial Services Authority (FSA), with a license number of SD0175.
Upon verification of its official website information, the Cyprus Securities and Exchange Commission (CySEC), the German Federal Financial Supervisory Authority (BaFin), the Mauritius Financial Services Commission (FSC), and the Seychelles Financial Services Authority (FSA) have not listed any regulatory registration information for this broker.
Account Opening:
To open an account with Reliable Bitcoin Mining: Visit the broker's official website, click on "SIGN UP FOR FREE" on the homepage or "SIGN UP" at the top right corner of the webpage to enter the account registration page. Fill in personal information such as name and email address, set a login password, and submit. Your account is successfully registered upon submission.
Account Types:
Reliable Bitcoin Mining offers a demo trading account and four different types of trading accounts: STARTER, BASIC, PRO, EXECUTIVE. However, specific information regarding spreads, trading leverage, margin call/stop-out levels, contract sizes, trading commissions, minimum/maximum trade volumes, maximum open orders/positions, and minimum price precision has not been disclosed on its official website.
Trading Platform:
Reliable Bitcoin Mining provides users with its proprietary trading platform.
Deposits and Withdrawals:
Reliable Bitcoin Mining supports deposits and withdrawals through local banks, electronic wallets, or cryptocurrencies.
Conclusion:
Traderknows reminds investors that Reliable Bitcoin Mining is a scam platform providing false regulatory information, with its website design and content identical to those of brokers such as Sterling Asset, FS Main, Venus Mining, Upfront Fx Trade, Safe Invest Trades, and Reliable FX Trades. Traderknows advises investors to choose brokers that are transparent, strongly regulated, and have a good reputation for their investment and trading activities to avoid unnecessary losses to their assets.
Currently, this broker is marked as "Suspected Scam" on Traderknows.
