Crypto Vortex Review – Accessing Your Funds Becomes A Nightmare

From the advanced trading features this company offers, we were expecting finally something refreshing. However, all those features can’t be trusted for a single reason. Luckily, this Crypto Vortex review will reveal it if you keep on reading.

If you are one of those who are burned with calls, scamming tricks, and pressure from unprofessional agents, you are at the right place. Learn how to avoid even getting in those situations and how to recover money from those who got their hands into your pockets.

Legal Info: Is Crypto Vortex Legit Or A Scam?

As can be seen, the company presents itself as UK-based. To be precise, Manchester-based. Honestly, that’s refreshing since all swindlers claim to be in London. Anyway, the whole UK is monitored by FCA when it comes to financial activities. Companies must obtain a trading license or be on the TPR (Temporary Permission Regime) to operate legitimately in the country.

Note that this broker doesn’t have any authorizations. Sadly, checking other top-tier regulatory databases didn’t bring any good results either. If you like, you can check BaFin, ASIC, CFTC, IIROC, CySEC, and whatever other regulator you want. The results will be the same.

Who Are Crypto Vortex’s Victims?

Important to realize is that this firm doesn’t reveal any details about the founders, registration date, or legal names. Therefore, we have to rely on the company’s domain age to find out how long they have operated. It appears to be a bit less than six months. For this time, they have mainly targeted traders from: 

• United Kingdom
• France
• United States

Still, don’t forget the company is not authorized to provide services in any of these countries. So, if you are one of their victims, share your experience with our team that will help you with a solution.

Traders Reviews

If the company was any close to legitimate, they would be far more known than they are. So far, there are only 5 Crypto Vortex reviews on Trustpilot about the company’s services. And already, we have people who witnessed fraudulent activities.

Apparently, once you request withdrawals, the company starts ignoring you, which is a clear sign that you should avoid them. If you are going through a similar situation with this or PremiumFunds broker, let us know. Ultimately, our refund specialists can guide you through the recovery process.

Leverage, Commissions, Spreads, Fees and Taxes

Through all the T&Cs, the company mentions fee structure. Also, it appears to give you a direct link to that page. However, it doesn’t work, and all trading fees and costs with Crypto Vortex broker remain unknown.

However, the key concern is the leverage the company offers for CFD trading. Bear in mind that all top-tier regulators impose certain leverage limits. For instance, in the UK and Europe, it’s mostly 1:30. On the other hand, Canadian and US companies can offer 1:50.  

Bonuses

One of the rarely positive things about Crypto Vortex trading company is that they don’t offer any bonuses. Even though it might sound strange, bonuses are one of the tricks swindlers are using against innocent traders. 

We suggest you read our tips from the Margin1 review to avoid bonuses and other traps.

Crypto Vortex Trading Features

Generally speaking, the company advertises highly competitive features. Some of those are copy trading, trading bots, derivatives and margin trading, and crypto conversion services. Thus, without Crypto Vortex regulation, can we trust those?

Trading Platforms Available

Trading software can be quite important when it comes to choosing a broker. Usually, inexperienced traders mostly choose brokers with MetaTrader. More proficient ones favor cTrader or DAS Trader Pro. However, none of these matters if the company is not licensed. 

But to make everything even worse, the company doesn’t offer any of these. Instead, they opted for a web-based platform with charts provided by TradingView. Practically, such platforms are essential for losing money quickly.

Available Trading Assets

Among other hypothetically good features, the company also offers a wide range of assets. Besides regular ones, traders can also play with a wide range of perpetual markets, launchpools, lotteries, and NFTs. But the core of the business relies on: 

• Forex – USD/EUR, AUD/JPY
• CFDs – gold, NASDAQ, IBM
• Cryptos – BTC, LTC

Account Types

Another worrying detail about Crypto Vortex scam broker is that they don’t reveal deposit requirements. Neither do they have some specific account type classification. Therefore, all traders get the same conditions even though those are unknown.

Mobile Trading App

Generally, with brokers offering copy trading and other advanced features, mobile apps play a key role. Unfortunately, with this company, trusted iOS and Android apps don’t exist. 

Since they also offer crypto investing features and promote high-security standards, you can realize it’s all fake now.

Demo Account

Usually, when we see mysterious brokers, we prefer exploring their features through a demo account. But very often, demo accounts are not available. This is also the case with this investment company.  Thus, once you register with them, you will quickly realize there’s no reason to make any deposits.

Education

The company should have a rich educational program with all the non-conventional offers. Of course, this is if they want their traders to be successful. Since they don’t, you should look for education somewhere else.

Crypto Vortex Withdrawal

As can be seen from the poor T&Cs, Crypto Vortex withdrawal can only be processed through crypto. That’s enough of a big sign to avoid sending them any money. 

Nevertheless, processing time and withdrawal fees are not disclosed. But of course, the company can decline the request if some applicable law prevents the execution of it. That’s too many grey zones where they can manipulate traders.

Customer Support

When it comes to supporting, it’s obvious it’s all fake. The company’s address in the UK is fictitious, and most probably, so is their UK phone number. Other contact options are e-mail and web contact forms. Yet, you can only pray for a quick response without working hours disclosed.

Key Information To Consider About Crypto Vortex

Every single thing about this broker is suspicious. Starting with their features, legal information, withdrawals, and contact options. Simply, that’s the downside of unregulated brokers. Therefore, prepare your nerves for a wide range of obstacles.

Anyways, with all those problems expected, you have our refund specialists at your disposal. Feel free to contact us and book a free first consultation about refund options. You are not the first nor last who got scammed by these swindlers. But you shouldn’t be the first who would let it slip. Book your meeting now.

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