Warning: Is TPBit a Scam?

Is TPBit (tpbit.com) a Scam?

Our analysts strongly advise you to steer clear of TPBit (tpbit.com).

TPBit presents itself as a financial platform, but it is currently not authorized by any major financial regulator, like the ASIC or CySEC.

Scammed by TPBit?

If TPBit refuses to release your funds, you need to act. Submit the inquiry below to talk to our investigative team for a free consultation.

Regulatory Check: TPBit

The most alarming red flag is that TPBit (tpbit.com) has no license from a credible authority.

Trading with unregulated brokers is highly unsafe. Legitimate firms are always registered with bodies like the FCA, CySEC, or CFTC to ensure consumer safety.

TPBit lacks this protection. As a result, there is no legal recourse if they keep your funds. Many online scams use unregulated actors, and getting back money from them is difficult without professional assistance.

For instance, in Europe, unauthorized firms are not covered by the compensation schemes. In the US, they are not part of SIPC, so your money is at risk.

Common Scam Tactics

Online trading fraud is getting smarter. Fraudsters use manipulation to steal your savings. Below are typical methods used by sites similar to TPBit (tpbit.com).

The "Romance" Trap

The "Romance Scam" is a cruel tactic where scammers build trust over months. They fake a romance on social media. Once trust is built, they introduce a special investment. It's a trap to lure you onto a scam site like TPBit.

Rigged Platforms

Scammers create websites that mimic real trading apps. They have charts and balances that increase. But it is a game. The broker manipulates the numbers to convince you to deposit more. If you ask for a payout, the "profits" are gone.

Other Warning Signs

• Cold Calling: They call you from "brokers" out of the blue.
• Unregulated: The company lacks legal registration.
• Guaranteed Profits: They guarantee 1% daily returns or risk-free trades.
• Cannot Withdraw: They refuse withdrawals. They ask for "tax fees" first.
• Aggressive Sales: "Account managers" pressure you to invest bigger amounts.

Do not trust positive ratings. Fraudulent brokers frequently write their own 5-star comments to appear real.

Verdict

TPBit is unsafe. It appears to be a fraud. Save your funds and use a regulated broker. Avoid tpbit.com at all costs.