Review summary
Bit500 LIMITED, operating under the name Bit 500, is a recently established entity registered in the United Kingdom. The broker's operational history is notably short, falling within one year. According to WikiFX data, it holds no valid financial regulatory licenses and is formally classified as having 'No Regulation'. This signifies a complete lack of oversight from any recognized financial authority. Its business scope has been flagged as suspicious, and its overall WikiFX score of 1.05 reflects an extremely poor assessment across all measured indices, including regulatory compliance and risk control. The broker offers a tiered account structure with minimum deposits ranging from €5,000 to €100,000 and leverage from 1:10 up to 1:100. Bit 500 represents a highly suspicious entity operating without any form of credible financial supervision, posing a severe risk to potential clients. Note: Regulatory status, trading conditions, and risk assessments may vary by jurisdiction. The WikiFX score reflects currently available information.Please verify all entity details independently before trading. (Updated: 2026-04-04)
