Yorkbit 

I deposited €625,000 on January 25, 2025, and lost everything. These people are scammers, fraudsters and deceitful. Be careful! I recovered my money due to the efforts inputted on the issue by the experts on my profile picture.

I have emailed multiple times to have someone contact me to assist with the Yorkbit account, they were calling me then they stopped. I am not entirely sure of the dates that the emails were sent, so I just put today's date below. It is frustrating when you hope that the company is legit and you are still unsure....... I have a fair amount invested but need direction on how to go further.

Last year in February I decided to invest a small amount in Yorkbit after seeing a blurb on my cell phone. I was put intouch with a trader in Toronto who guided me along. But after a short while I was introduced to an account manager over in London, UK. Then after a short while he encouraged me into investing more so as to receive a bonus which happened within a few days. So my account stood at $750. US. That is all I invested. Over a time during 2023 the account grew to just over $1700. Then it started to slide and they took small bits out for Rollover Fees. Then last Dec. a big chunk was taken out, listed as a rollover fee in the amount of $354. It wasn't long after my account was negative, 0$ in it. So I would not be recommending this company to anyone thinking of buying into bitcoin.

Never trade with a Bot, what a mistake just lost @250 within less than 90 days, AI garbage!

Closed my account and got back my initial funds plus a little back.
Extremely high risk and volatile.

Wanted to thank the members at yorkbit for their excellent advice unrelated to my trading account. MSTR was the best advice even better than Bitcoin.
Thank you, this year, your advice has made dreams come true.

Reaccuring glitches, I've been with yorkbit for years, lately though a couple of assets have lost their ticket price which make in very difficult to trade, I have raised theses issues before and they all got resolved, but if it happens again I will be closing my account and moving to another platform regardless of previous returns.

Thank you Yorkbit for being an honest and reputable brokerage.
I was worried I would never see my funds, but the moment I got a message from finance confirming all my requirements were met and finally eligible to withdraw, I still had my concerns till I saw the coins on my personal wallet.
Thank you Yorkbit, I apologize for all the horrible emails I had sent previously, but I'm happy to write sorry when I have been proven wrong.

Finally things are looking better, its been a very stressful year with this market going nowhere and my account accumulating fees from rollovers which crused my account. But finally I can start withdrawing gains and enjoy some of my bitcoin portfolio.

i invested over 13000 in yorkbit they talked about how my account went gold and i had no worries.
they made multiple investments then did not
watch the account after months of no action a
senior exec looked at the account and sold all
investments now the account is worth
-2bit coin my wife said they were a scam!

Made a small initial investment and slowly added to the portfolio. My total investment was around $9000 and the trading really grew to $57000. I was very pleased with the returns but when I tried to withdraw some of the money I was told it couldnt be done as I had been given bonuses that needed to grow larger before withdrawing. I was okay with that but even though Bitcoin was increasing in value my portfolio was diminishing quickly. It went from $57000 to $0 in 6 weeks. This is definitely a scam beware!!!

Don’t trust YORKBIT they write fake… They control the equity since you withdraw the money the equity will go down to because they control the equity all fake and scam. pls don't deposit to yorkbit then you will loose your money.
Don’t trust them they write fake reviews for themselves. ALEXANDER Couldn’t make a winning trade of his life dependent on it but the whole company is corrupt from top to bottom. They will take your money and charging fees for their bad trades

Yorkbit might seem like it offers some great investment opportunities, and you may have seen people recommending it in emails, forums, chat groups, and on social media. But is it really a secure and trustworthy broker? Let's find out.

Yorkbit is not a trusted broker because it is not regulated by a financial authority with strict standards. We would not open an account for ourselves with them. If you want to stay safe, only sign up with brokers that are overseen by a top-tier and stringent regulator. All the 100+ brokers reviewed on the BrokerChooser website meet this criteria.

The real deal on Yorkbit: why I do not recommend it
Adam
Adam Nasli
Regulation • Fighting Scams • Market Analysis
As a brokerage safety expert, I meet many people who have lost their money to shady brokers and scammers. I use data and warning lists published by regulators worldwide to analyze whether a brokerage is a legit entity. These are my key findings on the safety profile of Yorkbit:

Avoid Yorkbit as it is not regulated by a top-tier regulator.
Data on Yorkbit comes from regulatory sources and is checked by our legal experts.
If you get scammed by a broker, you have few options to get your money back.
Select from 100+ top-tier-regulated brokers featured in our unique Find My Broker tool.
Avoid Yorkbit as it is not regulated by a top-tier regulator
The first rule of keeping your investments safe is to avoid brokers that are not regulated at all.

Having said that, the fact that a broker is regulated is not sufficient to guarantee the safety of your money. The entity that regulates the broker makes a crucial difference. Our brokerage experts put regulators into three categories:

Top-tier
Mid-tier
Low-tier
Top-tier regulators are like the toughest referees in sports. They enforce the strictest rules to make sure brokers play fair and don’t engage in any shady activities. If a broker is overseen by one of these top-tier regulators, it’s a strong sign they’re following the highest standards. This means you can expect fair pricing, transparent trade execution, and a well-regulated trading environment.

Our experts compiled a list of some of the most reputable top-tier financial regulators in the following table.

Top-tier financial regulators worldwide
Name of regulator Country of operation
SEC (Securities and Exchange Commission) United States
FCA (Financial Conduct Authority) United Kingdom
BaFin (Federal Financial Supervisory Authority) Germany
ASIC (Australian Securities and Investments Commission) Australia
FINMA (Swiss Financial Market Supervisory Authority) Switzerland
We checked and Yorkbit is not regulated by a top-tier regulator, so you are better off avoiding it.
By contrast, mid-tier regulators are like the security guards at a county fair. They do their best to keep things in order, but they don't have the same resources or strict rules as the top security at a massive festival. This means they might not catch every problem, offering less protection for investors.

Finally, low-tier regulators are like the neighborhood watch compared to professional security. They offer the least comprehensive oversight of brokerage firms, meaning brokers under their watch face fewer requirements and less strict compliance enforcement. These regulators often provide little to no investor protection mechanisms or compensation funds, leaving clients with minimal safeguards.

I didn’t get the promised returns. Their operation felt more like a trap than an investment service. Attempting to withdraw became an ordeal, unexpected fees and unexplained delays. My colle ague always smiles and advices. FHUB . but I never listened.

DO NOT USE THEM!!! My father passed away a couple of years ago. He had an account with Yorkbit that I needed to close and recoup his investment (which he had roughly 20k+ in bitcoin). When I called Frederick Pierce, he was extremely rude, right off the bat. Keep in mind, I just lost my father and was asking about the steps the company required in order to get the account closed. Not only was he raising his voice (yelling at me), but he was not helpful at all. I ended up emailing the death certificate to the company to get the process started. That's when they put my father's account on some sort of auto trade - (not sure if that is the right word). I called multiple times with no resolve (he was the only one who answered which led me to believe that this was some punk kid working out of his basement). They never responded to my requests, refused to return my father's money and within the span of a couple of weeks, all of the money was gone. THIS IS A SCAM. I already reported them to the FTC, when I saw what was happening. I see they are still in business. BEWARE!! Do not trust them with your money.

This company will endlessly pressure you ,to even use your credit card to "get in on this deal"!!!! I'm very naive when it comes to bitcoin, so I trusted.
They told me I had 30,000 a bitcoin at the time. I asked to take half out and to keep investing the rest. POOF! then John Morgan ( his alias), said its all gone in one swoop! I know they never put all in one stock, so this wouldn't happen..but apparently every stock I had at that moment just disappeared! Never spoke to me again. I lost everything!!! My retirement is gone and now living off the government in poverty! Thanks John Morgan, whoever you are

Good software and investment, overall performance is reasonably steady at 5%+- pm.

Software is trading horribly lately, what is going on ??

Nah, overrated for sure. $50 just to withdraw, what a con.

Yorkbit wouldn't be as good as they are if it wasn't the benefit of an assigned and active account manager.
Not only has Garret doubled my trading account within less than 18 months, but he has also provided recommendations for my personal pension fund, and had advised me to rearrange and invest in crypto stocks like mstr and i've been making money on all fronts thanks especially to Garret and likewise yorkbit.

After hearing good about Yorkbit in the beginning and being smoozed by Tim Walsh, I felt good about Yorkbit. But soon after, I was passed off to the Head Thief, Frederic Pierce. After I made several deposits ( over 20k usd) and my account did real well. That year my account was over 100k usd. Frederic Pierce continually (at least 6x's) told me to get a loan on my home (I am a renter and told him that each time [that shows you how hard he tries to get your money]) and send them the money. He said that I could make loads of money. He told me that I could be around 300k real soon with my existing deposits. When I stopped sending them money, my account dropped drastically. After many non returned phone calls, I called and spoke to a supposed manager ??? and had requested a change of account manager only to be persuaded to stay with Frederic (BIG MISTAKE)!!! I have read that many people had problems with him (Frederic) and requested changes and when they got it, their accounts did better. I wanted to get out of a couple of the trades but with no return calls, my account was closed due to lack of funds (today $17,145.49) is still there making money every day? I strongly feel that this one of Frederic's ways to steal your money!! Yes I am still watching it to see what happens with my money. Now watch, it will disappear!! My account was closed the first of December 2022 with almost $17k in it. Where is my money Yorkbit?? And oh, please, your computer (Samantha) that has been set to reply -- shut it off! So much Bull****!!

Everyone who has had their money stolen should send letters of what happened to them to the FTC (Federal Trade Commission) and SEC (Securities and Exchange Commission) requesting their help in investigating Yorkbit. Also, request that they get Interpol involved to stop these thiefs!! I too, have requested my money returned to me only to be told that I haven't met their requirements. Strange my account was over $100k?? They made some good money I would say!! I highly say to stay away from Yorkbit!!!

Also, I follow Bitcoin on the internet only to find out that it is double what Yorkbit says it is worth daily? Come on now, someone it making a bucket load of money off of these dealings - my supposed profits and double the Bitcoin?? Today $34,985.00 versus $17,145.45? RUN FORREST RUN!!! RUN LIKE HELL!!