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Bit Trade Master Review: Unlicensed Forex and Crypto Platform

Savun Law & Consultancy · Updated 28 October 2026

Bit Trade Master Review: Unlicensed Forex and Crypto Platform

Bit Trade Master is a platform that says it offers forex, crypto, stock and commodity trading "from a single account", but sells its account types by "expected profit" amounts rather than by trading conditions. A broker that promises the investor many times the deposited amount when the account is opened is engaged in return marketing, not in trading intermediation.

In short: Bit Trade Master is not authorised in Türkiye by the Capital Markets Board (SPK); the FCA added the firm to its unauthorised firms list on 23 October 2026. The scheme rests on tiered accounts, an "account manager" relationship run over WhatsApp and a signal subscription paid in Bitcoin. Legal routes exist to claim back money sent to such schemes.
What this article covers

🚩 How Do the "Expected Profit" Packages Work?

The site has three accounts called Starter, Classic and Platinum; next to each is a minimum deposit and a "minimum/maximum expected profit". A person who enters a lower package is shown the much higher profit table of the next package, preparing the next round of deposits. The account is assigned "your own account manager" and communication is moved to a WhatsApp line.

  • The separately sold "Forex Signals" package promises dozens of signals a day and a 95 per cent hit rate; payment is accepted only in Bitcoin.
  • The "our managers make you profit" language is the "an expert trades for you" methodTR, which leaves the money under the platform's control rather than the investor's.
  • A claim to be the "best broker regulated by Australian ASIC"; neither a licence number nor a company name is given.

🔍 Details Identified

  • Domain: bittrademaster.com — registered on 4 June 2026 through Cosmotown.
  • WhatsApp: +44 7451 284263 (opens with a ready-made "I want to work with you" message).
  • Address statement: 20-22 Wenlock Road, London N1 7GU — a virtual office address used by hundreds of companies in London.
  • Template: the package names, the "expected profit" pattern and the Bitcoin-paid signal subscription are used in the same way on another site that recently received an FCA warning, which points to the same team working under different domains.

With its Decision No. 8/297 of 24.02.2017, the SPK treated directing customers from Türkiye to leveraged trading platforms abroad as unauthorised activity. Authorised institutions can be searched in the SPK list; Bit Trade Master is not on it.

🔗 Other Platforms Using the Same Method

A false regulator claim and the sale of tiered accounts is a scheme our office comes across often. We have reviewed similar platforms in these articles:

🧭 The Legal Process for Victims

  1. The exchange account and wallet address from which the Bitcoin transfer left are identified; the tracing of money sent through cryptoTR proceeds from there.
  2. The WhatsApp messages and line details are used to identify the perpetrators in the criminal complaint process.
  3. The investigation is followed up to the indictment stageTR.

For detailed information and legal support, you can contact Savun Law & Consultancy.

❓ Frequently Asked Questions

Why is the Bit Trade Master "expected profit" table suspicious?

A genuine brokerage cannot know the result of trading in advance and does not sell account types by profit amount. The profit table is a marketing tool used to enlarge the deposit round.

I paid Bitcoin for the signal package. Does that count as an investment too?

The signal fee is also a payment made to the same scheme and is assessed together with the main deposit in the case.

The number +44 7451 284263 contacted me. Is this the same scheme?

This number appears on the WhatsApp button of the bittrademaster.com site. Use of the same number under a different brand name is also seen in networks of this kind.

I was a victim of Bit Trade Master. What should I do?

For detailed information and legal support, you can contact Savun Law & Consultancy.

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Attorney Veli Savun

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This page is an English adaptation of our Turkish article Bit Trade Master (bittrademaster.com) "Beklenen Kâr" Hesaplı Forex ve Kripto Dolandırıcılığı.

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