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AskForBit Scam Review: A well-trusted broker or fraud?

Is AskForBit scam or not? We tried to answer this question and decided to google it. Accordingly, our article will be based on the information that we found.

AskForBit is a new CFD and Cryptobroker, that was funded in 2014, with main offices in Germany and Australia. Ask For Bit has been developed to offer traders the best possible trading experience.

Ask4Bit seems like a great broker for both beginners and advanced traders as they offer many features tailored to each group’s needs.

AskForBit offers excellent customer service as well as low spreads on an ever-growing number of instruments including stocks, commodities, indices, ETFs, and cryptocurrencies such as Bitcoin (BTC), Litecoin (LTC), or Ethereum (ETH).


AskForBit Logo white


Is AskForBit a scam or a fraud? Definitely no.

AskForBit is a licensed broker that can act as a securities dealer in accordance with European law as their website claims.

AskForBit account types: AskForBit Scam or not?

What types of accounts does AskForBit Scam broker offer or not, how to understand?

The broker AskForBit has one of the best and most comprehensive trading platforms on the market. Ask4Bit’s platform is highly customizable and offers an adjustable user experience, so every trader will feel at home.

You can choose from a wide range of different account types, all with distinct features – perfectly tailored to your needs:

You can choose between five different account types: Bronze, Copper, Silver, Gold, and Platinum.

  • Bronze account starts from 1,000$ to 2,000$ and has access to 24/7 customer support and professional charts.
  • Copper account starts from 2,000$ to 5,000$, has the same benefits as the previous accounts and Introductory private session with an analyst + weekly market reviews and financial research.
  • Silver account starts from 5,000$ to 15,000$, has the same benefits as the previous accounts and Monthly private sessions with an analyst.
  • Gold account starts from 15,000$ to 40,000$, has the same benefits as the previous accounts and weekly private sessions with an analyst and smart money management plan.
  • Platinum account starts from 40,000$ to 100,000$, has the same benefits as the previous accounts and a direct line to your account analyst and up to 5 protected trades from the accounting analyst.

We suggest starting from the silver account if you are a novice trader because you will receive introductory and monthly private sessions with a specialist.

AskForBit How to sign up

Getting started is easy with Ask4Bit, regardless of whether you are a beginner in the world of CFDs. Or already have lots of experience in trading. AskForBit offers four different ways in which potential clients can open an Ask4bit account:

  • Via the AskForBit App,
  • The Ask4Bit website,
  • Via AskForBit’s mobile apps for iOS and Android devices,
  • Or by calling AskForBit using Skype.

Ask For Bit awards

AskForBit.com was awarded “Best Trading Broker of the Year” at the 2019 FX Expo Awards in Berlin. Ask4Bit was also nominated in many other categories.

AskForBit has continuously received awards at numerous industry events, including the 2014 FXStreet Forex Awards for “The Most Innovative Retail Forex Provider of The Year” and “Best Social Trading Network”. The broker is also a member of the Financial Commission since 2015.

AskForBit Bonuses

Invite your friends to enjoy the same benefits as you and get paid $200 for each referral. On their first deposit, your pals will also earn $200. So, what do you have to lose? Invite a few of your pals to join you at the world’s largest social trading network!

The great thing about AskForBit is the prizes that they provide in their quarterly competitions.

At the beginning of 2021, they decided to open up a trading tournament, with the first prize being a Jeep!

askforbit car prize

 AskForBit Trading platform.

AskForBit has a very comprehensive trading platform, which is highly customizable and offers an adjustable user experience. Ask4Bit’s platform is highly customizable and offers an adjustable user experience, so every trader will feel at home in Ask For Bit.

– Features Ask4Bit’s award-winning ProRealTime charts that offer advanced charting capabilities with the most accurate calculations on the market; up to five years of price history charts you can zoom into – all with millisecond latency.

– Advanced order-management tools such as conditional orders and one-cancels-other (OCO) limit orders. AskForBit also provides automated trade strategies called Expert Advisors (EAs), which are available upon request. So AskForBit gives you the possibility to use your own trading strategies with automated trading on Ask4Bit’s platform. AskForBit offers training courses and live webinars to help new traders get started with Ask4Bit’s platforms.

 

AskForBit Trader reviews. AskForBit Scam or Honest broker?

Jacob says: “I love AskForBit for their amazing education programs and the one-on-one trading sessions, best team ever! Ask4Bit has the best platform in the world!”

Sam says: ” AskForBit is an amazing money-making machine! It gives you all”

Bastian says: AskForBit is a great trading company with a lot of good information and tools for beginners and experienced traders. Ask4bit has also been awarded as the best social trading company by many reliable institutions, such as the Financial Commission. Ask for it is an excellent broker that I’d recommend to anyone who wants to start learning how to trade on financial markets!

Werner says: “I have been looking for several weeks now for a new platform for CFD trading and last week I came across AskForBit’s platform. For me, this was a very new concept as it uses ‘copy trading’ which enables me to copy top traders from all across the world. AskForBit was also named as ‘best trading broker’ at the 2014 FXST Awards, so I decided to open an account and learn more about it.”

Alberto says: “I have been trading for 35 years and Ask4Bit has been a great help for me. They offer lots of learning materials and personal trainers who give you advice offline or via live chat.”

trader reviews

 


Conclusion of AskForBit Scam Review: is it a well-trusted broker or fraud?

AskForBit is a well-trusted broker. Ask4Bit has been awarded as the best social trading network by many reliable institutions, such as the Financial Commission.

Ask for it is an excellent broker that I’d recommend to anyone who wants to start learning how to trade on financial markets! AskForBit awards AskForBit has continuously received awards at numerous industry events, including the 2014 FXStreet Forex Awards for “The Most Innovative Retail Forex Provider of The Year” and “Best Trading Network”. And AskForBit Bonuses Invite your friends to enjoy the same benefits as you and get paid $200 for each referral.

On their first deposit, your pals will also earn $200. So, what do you have to lose? AskForBit is a welcome and affordable addition to Ask4Bit’s industry-leading suite of services. AskForBit has the lowest spreads in the industry and also offers $200 for each referral. Ask4Bit awards Ask For Bit was rated as the Best Brokerage House at the 2014 FXST Awards. Ask For It is an excellent brokerage that anyone who wants to start learning how to trade on financial markets should try out!

Conclusion: Is this broker a scam? AskForBit is not a scam, but just another great broker!

9 thoughts on “AskForBit Scam Review: A well-trusted broker or fraud?”

  1. askforbit is not a scam that’s for sure, i would recommend askforbit service to everyone. It works with an intelligent algorithm which is very easy to use and understand! From what I experienced askforbit is one of the best options when it comes down to trading cryptocurrencies.

  2. askforbit is the best platform I’ve worked with, great support and amazing low spreads. I love that their education program actualy goes into details with all the tools they have. I learned how to use the auto trader, and the trading signals, highly recomended.

  3. Askforbit is the best broker I’ve ever work with, I made over 450k in 2 years trading altcoins and never had any issues with askforbit

  4. askforbit is simply amazing, I’ve been with askforbit for over 6 months now and have nothing to complain about. Great customer service, great spreads and low latency.

  5. askforbit is one of the best broker’s I’ve ever worked with, they’re cheap spreads and low latency combine with their great customer service made me switch to askforbit after little over 2 weeks

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