Investment Companies

Bybit (Clone)

1.3 (15 reviews)
🇧🇪 Belgium
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1.3
15 reviews
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About Bybit (Clone)

Bybit (Clone) has been flagged by Financial Services and Markets Authority for "Registered/Licensed entity impersonators". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.

Customer Reviews

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Warning to all investors

C
Catherine O.
3 months ago

I invested $2,000 with Bybit (Clone) after seeing their professional-looking website. At first, everything seemed fine - they showed me impressive returns on my dashboard. But when I tried to withdraw, they kept making excuses. First it was "processing time," then "verification needed," then "you need to pay a tax fee first." I never got my money back. I have since reported them to Financial Services and Markets Authority.

Cons: Blocked my account|No legitimate license|Fake returns

Regulatory warning exists for this firm

C
Christopher I.
3 months ago

I looked into Bybit (Clone) and found they appear in the regulatory warnings database. Financial Services and Markets Authority has issued a notice about this firm. Whether this is a misunderstanding or a serious concern, the fact remains that proper due diligence is essential. Always verify the regulatory status of any company before investing your hard-earned money.

Cons: Listed in IOSCO I-SCAN|May not be authorized in your jurisdiction

Something doesn't add up here

C
Charles T.
5 months ago

After seeing ads for Bybit (Clone) online, I investigated. The company is listed in the IOSCO I-SCAN warnings database and has been flagged by Financial Services and Markets Authority. Their website looks professional but that means nothing - many scam operations invest heavily in appearance. Always check the regulatory warnings before investing.

Cons: Listed in warning databases|No transparency|Pressure to invest quickly

Not even close to acceptable

M
Michelle T.
6 months ago

I joined Bybit (Clone) from a blog post comparing services and from the start, things felt off. The signup process collected far more personal information than necessary, the verification took unreasonably long, and when I finally got access, the platform was nothing like what was advertised.

Pros: Stable platform|No hidden fees

Cons: Inactivity fee applies after 12 months|No dark mode on mobile

No beneficiary designation

J
Jessica I.
7 months ago

Bybit (Clone) has no proper customer support. The live chat is a bot. The phone number goes to a call center that cannot access your account. Email takes two weeks. When I had a real problem they were nowhere to be found.

Pros: Easy withdrawals|Helpful community forum|Dedicated account manager|Multi-device support

Cons: No live chat on mobile

My account was compromised and they did nothing

S
Shannon H.
7 months ago

I experienced a security concern with my Bybit (Clone) account and reported it immediately. Their response time was inexcusable for a financial platform. It took them four days to acknowledge my report and another week to actually address it.

Pros: Fast deposits|Customizable dashboard|Clear documentation|Competitive fees

Cons: Desktop app not available on Linux|No dark mode on mobile

The support team is useless

J
John K.
8 months ago

Their two-factor authentication was optional when I joined. I enabled it. Later I lost my phone and could not log in. Bybit (Clone) recovery process took 3 weeks and required notarized documents. By then I had missed important trades. Their security is your inconvenience.

Pros: API access|Transparent fees|Clean UI

Cons: Minimum deposit could be lower

Shocking lack of professionalism

M
Marcus S.
9 months ago

I had a dispute with Bybit (Clone) and went to their complaints process. They have an internal team that just defends the company. Then they said I could go to an ombudsman - but the ombudsman they use is industry-funded and rarely rules for the client. The system is rigged.

Pros: Educational resources|Fast execution|Tax reports included|Regular updates

Cons: Search feature is basic|Research section could be deeper

They ignore every complaint

T
Teresa C.
10 months ago

After for over a year with Bybit (Clone) I requested to close my account and withdraw. They said I had to complete a 30-day cooling-off period. Then they said there was a minimum holding period for my last deposit. They make it as hard as possible to leave.

Pros: Market news feed|Smooth onboarding|Dividend tracking|Low minimum deposit

Cons: Limited ETF selection

Reviews on their site are fabricated

D
Dean I.
10 months ago

Bybit (Clone) advertises low fees but once you dig into the fine print, there are numerous charges that add up quickly. Inactivity fees, withdrawal fees, currency conversion fees - it all eats into your returns. I wish I had read the terms more carefully.

Pros: Easy to use platform|Multiple order types

Cons: Withdrawal takes 1-2 business days