Bithoven Review: Is Bithoven Legit?
Verdict: High risk. Do not deposit with bithoven.com until you can verify a real licence on a regulator’s own register. WikiFX lists it as Not Regulated with no forex trading licence found, and BrokersView reports that its Saint Vincent regulation claim does not amount to a forex licence at all — and that the company registration behind the claim is shown as cancelled. That is not a regulator warning, and this review does not claim one. It is, however, enough to stay away.
What was checked — and what was not found
No warning for bithoven.com was found on the official pages of the UK FCA, Spain’s CNMV, or Switzerland’s FINMA in this check. Absence from a warning list is not approval, and it is not the same as authorisation. What was found instead is a regulation claim that does not survive checking.
Bithoven presents itself as a crypto exchange offering margin trading, registered in Saint Vincent and the Grenadines. BrokersView reports that Bithoven claims to be a trading name of Fortis Ltd., authorised and regulated by the SVG Financial Services Authority — but that Fortis Ltd. was found in the FSA registry with its status listed as cancelled. Even if that registration were active, BrokersView notes, it would only grant International Business Company (IBC) status, which is not a financial licence, and the SVG FSA has publicly stated that it does not regulate or licence forex trading activities. In short: the claim sounds like regulation, but it is not forex regulation.
WikiFX agrees on the core point: bithoven.com is listed as Not Regulated, based in Saint Vincent and the Grenadines, with no forex trading licence found. A WikiFX score is deliberately not quoted here, because the figures found this session were inconsistent. The status — Not Regulated, no licence found — is the point that matters, not a third-party score.
Before you trust any platform making an offshore registration claim, read our what to do after being scammed recovery guide and crypto recovery guide — the checks in those guides apply before you deposit, not only after a loss.
Risk signals to check before you trust any similar platform
- An offshore registration presented as if it were a trading licence.
- A company name (here, Fortis Ltd.) that cannot be matched to an active, licensed entity on a regulator’s register.
- No licence number that verifies on the register of a recognised regulator such as the FCA, ASIC, or CySEC.
- Margin or leveraged crypto trading offered without that recognised oversight, so there is no regulator to complain to and no compensation scheme if the firm fails.
If you cannot verify the licence yourself, on the regulator’s own website, do not deposit. A registration document, a company number, or a badge on the firm’s own site is not verification.
What to do if you have already deposited
- Stop depositing more money, even if you are told it will help release a withdrawal.
- Keep screenshots of your account, deposits, chats and emails.
- Contact your bank or card provider promptly and ask about a chargeback or recall.
- Report it to RSF.support, so our team can help you. Fill in the free consultation form on RSF.support with the company name (bithoven.com), what happened, and your deposit proof and screenshots. Submit your report to us through that form, and we will guide you on the next steps.
Bottom line
Bithoven.com is not a safe choice on the evidence available. There is no verified regulator warning, so this is not presented as a regulator-confirmed scam — but there is also no verified forex licence, and the Saint Vincent claim behind it is reported as cancelled IBC status, not a licence. Until a real licence can be shown on a regulator’s register, treat it as high risk and do not deposit. Browse more reviews in our Scam Reviews category before trusting any unfamiliar platform.
Frequently asked questions
Is bithoven.com regulated?
No forex licence was found for it. WikiFX lists it as Not Regulated, and BrokersView reports its SVG claim is IBC status only — not a financial licence — with the registration shown as cancelled.
Has a regulator warned about Bithoven?
No FCA, CNMV, or FINMA warning for bithoven.com was verified in this check. Do not cite one unless it is found on the regulator’s own page.
Does Saint Vincent registration mean it is licensed to offer trading?
No. According to BrokersView, the SVG FSA does not regulate or licence forex trading activities, so SVG IBC registration is not a forex licence.
What should I do if I already sent money to bithoven.com?
Stop depositing, keep all screenshots and proofs, contact your bank or card provider promptly, and report it through the free consultation form on RSF.support.
