Crypto Trade Club Review – Unveiling Secrets Behind This Company
Crypto Trade Club Review – Unveiling Secrets Behind This Company

With a UK address, top-tier banks, and an EFS license, Crypto Trade Club could be one of the traders’ favorites. Of course, if any of those details were true. We kindly advise you not to trust everything you see unless you see the proof.

Luckily, this Crypto Trade Club review gives you all the proof you need not trust this firm. And don’t worry this article won’t be presenting you with other good broker solutions.

Regulated By: No Regulations
Is This Company Safe? No
Known Websites: https://cryptotradeclub.ltd/
Have Warnings From: CNMV, FSMA
Registered In: UK (allegedly)
Operating Since: 2023
Trading Platforms: WebTrader
Maximum Leverage: N/A
Minimum Deposit: $100
Deposit Bonus: N/A
Trading Assets: Cryptos, forex, indices, shares, commodities
Free Demo Account: Not Available
How To  Withdraw From This Company? With fake regulations and warnings from CNMV, there’s no doubt traders will only experience problems with this broker. Especially when it comes to withdrawals. Don’t wait for anything and contact our refund team for detailed advice on the funds recovery procedure.

Legal Info: Is Crypto Trade Club Legit Or A Scam?

As mentioned, the company mentions the so-called European Financial Security (EFS) regulation. Thus, such an institution doesn’t even exist. Nevertheless, the link to the license document leads to the fina-eu.com website. Yet, this is a self-proclaimed public regulatory institution in Europe. Also, it was just recently registered in January 2024.

But if you check the warning from BaFin against a similar institution, you will realize why not trust those. Generally, if the company doesn’t have Tier 1 licenses like FCA, BaFin, CFTC, ASIC, or similar, there’s a high chance you will get scammed. But if you need more proof, there’s a warning from CNMV against this broker. Belgian FSMA just helped speed up the process of exposing this scammer.

On top of that, the company claims to be in the business for 5 years. However, their domain was registered in November 2023. Does that add up? Surely not.

Who Are Crypto Trade Club’s Victims?

If you just check Crypto Trade Club reviews, you can already see what countries are their primary target. Mostly countries with top-tier regulations, such as: 

  • Germany
  • United Kingdom
  • United States
  • Netherlands
  • Belgium

Another company that has similar targeting areas is the PMGroup 365 broker. So, if you get defrauded by any of these, our expert team is available for consultation about the refund procedure.

Traders Reviews

The Crypto Trade Club platform has earned quite a bad reputation for the past couple of months. After more than 75% of negative reviews, it’s just a matter of time before they will vanish. However, if you don’t follow our tips on recognizing scams, you won’t be able to recognize them if they come up with another trading brand.

Nevertheless, the company’s Trustpilot reviews will show you everything you need to know. Primarily, you can expect a lot of withdrawal problems, even though they advertise Tier 1 segregated bank accounts for your deposits. If you can’t get your funds back, don’t hesitate to contact us.

Leverage, Commissions, Spreads, Fees and Taxes

One of the things that could expose the company would be the leverage. However, they have smartly hidden it. But if you are trading with them and you get anything higher than 1:30, you know there’s something wrong.

Generally, all other fees and commissions look attractive. With spreads from 0.1 pips and $4 commission per round, they could compete with top-notch firms. But only if they were regulated by a trusted authority.

Bonuses

At first glance, it looks like the company doesn’t have any bonus offers. Thus, with some brokers, we could discover in their T&Cs if such deals are possible. But with this one, legal documents don’t even exist. Therefore, you know what to expect.

Crypto Trade Club Trading Features

As can be seen, the Crypto Trade Club app is allegedly equipped with artificial intelligence. If it’s so successful, they would use it themselves, isn’t it? In any case, traders can’t expect any advanced features whatsoever. There are no tools such as EAs, copy, or social trading.

Trading Platforms Available

Once you complete your Crypto Trade Club login procedure, you will face quite poor and basic WebTrader. Overall, it has only basic trading features like pending orders, charting customization, risk management tools, and different timeframe options. 

But if you were expecting something more spectacular, you would have to find another broker. But make sure not to be Blockpros.

Available Trading Assets

According to the company’s presentation, the Crypto Trade Club trading company covers more than 200 tradeable instruments. However, the main focus is on their affiliated program for crypto trading. In any case, all options are: 

  • Forex – USD/EUR, AUD/JPY
  • Indices – DAX30, NASDAQ
  • Shares – VISA, Netflix
  • Cryptos – BTC, LTC
  • Commodities – crude oil, natural gas

Account Types

To make themselves different from the others, they don’t require crazy amounts of money for deposits. With $100 that anyone can afford to start, their goal is to get you on board. Anyway, you can choose between three options: 

  • Fixed – $100
  • Variable – $100
  • Raw – $200

Mobile Trading App

On the Crypto Trade Club broker presentation, we can see there’s some kind of mobile app promoted. However, the app simply doesn’t exist. It’s only a WebTrader opened with a browser, which is fairly a nightmare for any experienced trader.

Demo Account

Another huge disadvantage of this company is a lack of demo accounts. Indeed, the $100 minimum deposit is quite small. Still, you won’t deposit that if you don’t trust someone. That’s why demo accounts are perfect for exploring features and revealing what is unknown, such as the leverage the company is hiding.

Education

If the Crypto Trade Club regulation was real, the company would be much more transparent than it is. Also, they would offer a wide range of educational programs since regulated brokers can teach you how to trade. With these, they are controlling your trades with their “AI.”

Crypto Trade Club Withdrawal

Important to realize that with missing T&Cs, we are also missing the Crypto Trade Club withdrawal policy. Literally, zero information is provided regarding the procedure, special clauses, fees, and processing time. With this in mind, you shouldn’t be surprised by the negative reviews the company has.

Customer Support

Another way to recognize the company is not genuine is to check their support options. The only way to reach them is via e-mail and web contact form. Thus, working hours are not disclosed, and you can only pray for a response. 

It’s also worth noting that scam brokers often use platforms like Telegram to hide their identity while communicating.

Key Information To Consider About Crypto Trade Club

With fake regulations and warnings from CNMV and FSMA, there’s nothing to look for with this brokerage. There are dangers on every corner with them. So, the best thing you can do is request a withdrawal.

If they don’t allow it for some nonsense reason, contact our refund specialists to see what can be done. Of course, with alternative methods. Most importantly, our team doesn’t charge anything for the first consultation. Therefore, book your meeting already today!

FAQ Section

What is Crypto Trade Club?

Crypto Trade Club is a fake brokerage presenting itself as a UK-based investment firm that has been operating allegedly for 5 years.

Is Crypto Trade Club Legit?

No. The company is falsely presenting itself as regulated by a trusted authority. However, the proof they are not can be found in FSMA and CNMV warnings and company reviews.

What is CipherTrace?

CipherTrace is a tool for tracing crypto transfers that our team uses while assisting scammed customers recover their money. If that’s what you need, contact us.

Unfortunately, many users start reading reviews only after falling victim to scams. We sincerely hope that you are not one of them!
However, if you're here because you suspect that your investment isn't in a safe place, know that you have the right to claim funds back!

Report a Fraud Case & Claim a Refund from Scammers

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