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 weeks 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 weeks 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.
2 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.
3 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.
4 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.
4 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.
5 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.
6 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.
6 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.
7 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