COMPETENTFUND/BITCOIN TRADER

CompetentFund, often associated with the name "Bitcoin Trader," presents itself as a sophisticated online trading platform for retail investors. It purports to provide access to trading Contracts for Difference (CFDs) on a wide range of assets, including cryptocurrencies, forex, stocks, and commodities. The operation typically uses aggressive marketing tactics, promising high and unrealistic returns to attract clients. However, it is an unregistered and unauthorized entity that has been flagged by multiple international financial regulators for operating illegally and is believed to be an investment scam. The company has no verifiable history and operates through a network of websites with similar branding.