Biglot Review – A Risky Broker Exposed by Swedish Regulator
In today’s rapidly changing world of online trading, fancy websites and bold claims can sometimes hide dangerous threats. Biglot is one such broker that claims to offer investment opportunities but has come under scrutiny after the Swedish Financial Supervisory Authority (Finansinspektionen – FI) issued a public statement. In this Biglot review, we consider the reasons for FI’s suspect position on this company and why investors should avoid this broker.
Broker Overview
- Company Name: Biglot
- Website: https://biglot.unicorntechnology.co
- Email: supoort@biglot.com
- Address: NA
- Warning Authority: Finansinspektionen (Sweden)
Check Full Warning Here: https://www.fi.se/en/our-registers/investor-alerts/investor-alerts/2025/maj/biglot/
- Domain Blacklisted Status: The domain biglot.unicorntechnology.co is blacklisted by multiple security databases, indicating it’s potentially harmful or fraudulent. It was flagged 3 times out of 70 blacklist checks, confirming high-risk activity.
- Regulatory Status: Not registered or authorized
- FI Warning Date: May 8, 2025
Why Biglot Raised Serious Red Flags
The organization demonstrates that it is a trustworthy provider of financial services, but it cannot meet even the most basic regulatory requirements, according to FI’s Biglot review. Following the research into the organization, FI was unable to verify that it was an actual business. Biglot is not legally allowed to supply financial services within the European Economic Area (EEA) and is not mentioned on Sweden’s official Company Register.
Additionally, the broker hides its WHOIS domain registration, which is a typical procedure for dishonest operators, and it does not present a verifiable office address. Furthermore, Biglot displays the high-risk financial services, such as trading cryptocurrencies, it offers without a regulatory license in Sweden or anywhere else.
Technical and Trust Issues Identified
The following additional issues were found in the Biglot review:
- The website domain registrar has connections to other scam websites.
- With a trust score of only 1/100, Biglot is considered high-risk.
- The likelihood of suspected fraud is increased when multiple low-rated websites are hosted on the same server.
- The broker email (support@biglot.com) doesn’t appear professional.
- There was no reputable trading platform or transparency around accounts.
What FI Has to Say
Finansinspektionen made it clear that Biglot is not subject to any financial authority’s supervision or regulation and that it might not even be a legitimate business. Investors are advised by FI to stay away from this platform altogether and to report any questionable activity. Any money sent to Biglot is completely unprotected and cannot be recouped through the proper channels because they are not registered anywhere in the EEA.
FAQ
Q1. Is Biglot a licensed broker?
A: No. Biglot operates without any regulatory approval or licensing.
Q2. What does the FI warning mean?
A: It means FI suspects Biglot is either a scam or is operating illegally, posing a risk to investors.
Lost Money to Biglot? Get Help Now
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- To find out your options for recovery, get a free case evaluation.
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