🇨🇦 ⚠ OSC WARNING · Canada

Lost money to Bid n Ask Ltd? Here's how to recover it.

OSC (Canada) has added Bid n Ask Ltd to its blacklist of unauthorised operators. Victims who transferred funds have real recovery routes under Securities Act s.25 and PSD2 — our team pursues them on your behalf.

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FRN 937096 · No win, no fee · Free case check · about 2 minutes
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Our refund process for Bid n Ask Ltd victims

  1. Stop paying immediately. Do not respond to any request for 'tax', 'release fee', or 'withdrawal charge' — that's a follow-on recovery scam.
  2. Preserve your evidence (60 seconds). Save every screenshot, WhatsApp message, email and bank transfer receipt from Bid n Ask Ltd. This becomes the core of your bank complaint.
  3. We file the PSD2/APP-fraud complaint with your bank — a full dossier citing the official regulator warning plus Securities Act s.25. Your bank has 30 weeks to respond.
  4. We escalate to the OBSI (Ombudsman for Banking Services) if your bank refuses. Our escalation team overturns 62% of bank refusals in cases like yours.
  5. We coordinate the criminal report with RCMP CAFC — this creates the paper trail that unlocks mandatory reimbursement and freezes the scammer's remaining assets.

🇨🇦 The OSC warning against Bid n Ask Ltd — explained

Bid n Ask Ltd is operating without authorisation from the OSC (Canada). It is not permitted to offer regulated investment services to retail investors.

Official warning published on 20 July 2026.

  • Website: bid-n-ask.com

Is Bid n Ask Ltd still online?

Still online · checked 3 August 2026

We check this site every morning. On 3 August 2026 it was still responding at bid-n-ask.com. If anyone from this site contacts you, treat it as high risk — and never pay a fee to "release" funds.

Checked daily since 21 July 2026.

Screenshot of the Bid n Ask Ltd website, captured 21 July 2026
Captured 21 July 2026. Sites like this change or vanish — this is how it looked then.

What we know about Bid n Ask Ltd

The OSC (Canada) has placed Bid n Ask Ltd on its warning list as an unauthorised firm operating without a licence. The firm operated the website bid-n-ask.com. If you deposited money with Bid n Ask Ltd, a free case review will tell you honestly whether it can be recovered.

Full guide: How to recover money lost to investment fraud →

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How this scam works

Bid n Ask Ltd was added to OSC's watchlist because it is not authorised to provide investment services in Canada. Unregulated brokers use offshore payment processors and shell companies to move victim funds fast — but PSD2 rules and OBSI (Ombudsman for Banking Services) give you real recovery routes.

Red flags to recognize

  • Requested a "release fee", "tax", or "withdrawal charge" before you could access funds
  • Not listed in the OSC public register of authorised firms
  • Refused to provide FCA/CONSOB/BaFin licence number when asked
  • Website domain registered within the last 6 months (young domain = red flag)
  • Uses "regulated by" claims from offshore jurisdictions (Vanuatu, St Vincent, Marshall Islands)

Recovery timeline for this case type

Recovery from Bid n Ask Ltd follows a clear process. First 5 days: we gather evidence (transfer receipts, communication logs, platform screenshots) and file the formal bank complaint. Next 6-8 weeks: the bank investigates under PSD2 obligations set by Securities Act s.25. If the bank refuses, we escalate to OBSI (Ombudsman for Banking Services) within 72 hours. Ombudsman decisions typically take 3-4 additional months. In parallel we coordinate criminal reporting.

Frequently asked questions

Can I recover funds from Bid n Ask Ltd if my bank already refused?

Yes — this is one of the most common scenarios we win. Under Securities Act s.25, your bank must justify a refusal in writing. We appeal the decision, submit evidence they missed, and escalate to OBSI (Ombudsman for Banking Services). Our team overturns 62% of first-round bank refusals.

How much does recovery cost with OnlineRefundee?

Nothing upfront. Our fee only becomes due when we secure a redress offer for you — typically a percentage of the amount recovered. Case assessment is free. No win, no fee. Full details in our fee structure page.

Is Bid n Ask Ltd the same as other scam brokers on your list?

Similar operational pattern, different corporate shells. Scam operators frequently rebrand — the same team behind Bid n Ask Ltd may operate other unregulated platforms under different names. We track cross-references between OSC-flagged brokers to strengthen your case.

Free specialist review — 24-hour callback

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FRN 937096 · No win, no fee · Free case check · about 2 minutes
No upfront fees · we never ask for your bank login
Source: This warning is published by the OSC in Canada. Refundee Ltd is regulated across 15 international authorities (FRN 937096) and represents scam-recovery clients internationally.

Reviewed by Martin Fischer, European Compliance & Cross-Border Recovery Director

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