CryptoTierMint Review – Should You Stay Away From Broker and Why Yes?
The Crypto Tier Mint LTD is a company incorporated in Saint Vincent and Grenadines. Even though they are hiding it intentionally, we found the truth. After all, who would trust an offshore broker without regulations? Nobody!
But even without these major warning signs, you have many little ones you should watch for. To learn all the tricks swindlers are using to manipulate clients, read our CryptoTierMint review carefully.
|Regulated by:||No regulations|
|Is This Company Safe?||No|
|Have Warnings from:||N/A|
|Registered in:||St. Vincent and Grenadines|
|Trading Platforms:||Web trader|
|Trading Assets:||Crypto, Forex, Stocks, Options|
|Free Demo Account:||No|
|How to Withdraw from This Company?||With this shady investment firm, you can forget about smooth withdrawals. On the sign of any problem, feel free to contact our chargeback experts for advice.|
Legal info: Is CryptoTierMint legit?
If you are looking for an honest brokerage, you must look for a licensed one. Otherwise, all the features the company offers can easily become fairy tales. Even though this firm is hiding its contact details and ownership, T&Cs reveal they are most likely based in St. Vincent and Grenadines.
Regardless of this information, the company should have at least one license for FX and CFD trading services. Preferably in countries where they operate. However, CryptoTierMint has none. Neither from the FCA, BaFin, or ASIC, which are the most trusted ones. Therefore, you can’t trust this firm at all.
Who are CryptoTierMint clients?
As can be seen, the cryptotiermint.com domain was registered in 2022. Since then, the company has targeted a few countries. Yet, they had no license for any of those. In fact, most of the scammed victims come from:
- United States
- United Kingdom
These are quite strictly regulated countries. But this broker doesn’t care. Their only goal is to rip you off. Whether you are a victim of this or any other firm, our refund specialists can give you a first consultation for free.
Leverage, Commissions, Spreads, Fees, and Taxes
Important to realize is that the company doesn’t precisely reveal trading conditions. Neither do they mention CryptoTierMint leverage, commissions, or spreads. This is uncommon even for scam brokers.
Yet, you should keep in mind the general rules. In the UK, retail traders should have a maximum 1:30 leverage, while in the US and Canada, you can get 1:50. Any other situation is a solid ground for investigation. Not to mention if the company is hiding its fees. Yet, they transparently reveal an insanely high 15% withdrawal fee.
On the positive side, this company does not offer any bonuses. At least not transparently. But once you become their client, be careful with bonuses. Very often, these contain malicious clauses preventing you from withdrawing the funds.
CryptoTierMint Trading Features
One of the biggest advantages of this company would be the copy trading feature. However, they are not regulated, and all that becomes irrelevant. Another key feature the company offers is crypto mining.
This might be connected to their funding methods, but we’ll find out later. But to learn what funding methods you should trust, check our UOBE FX review.
Trading Platforms Available
One of the leading scam signs is if the company offers a web-based platform. If they are any close to legit, they would offer cTrader or MetaTrader. Or any other third-party software. Instead, they will give you a poorly designed platform with limited features. On top of that, they will control what happens on it, and you will always be deluded.
Available Trading Assets
Another key point is that the company doesn’t have transparent tradeable instruments. Therefore, you can’t figure out if you have good investment options. In any case, they claim to offer the following categories with potential specific offers:
- Forex – USD/GBP, AUD/HKD, EUR/SEK
- Stocks – AMD, Walt Disney, Johnson & Johnson
- Crypto – BTC, ETH, XRM
The account types with this investment firm are quite non-sense. In fact, they offer 4 different account types without any specific benefits. Yet, they expect you to deposit more. Anyway, the options are:
- Minimum – $200
- Premium – $5.000
- Gold – $20.000
- Platinum – $50.000
Mobile Trading App
With shady company comes shady software. Of course, web-based platforms don’t have dedicated mobile apps. Therefore, iOS and Android users have to use their browsers. Not something an experienced trader wishes for.
Even though the minimum deposit is $200, the company doesn’t offer a demo account. In addition, there’s no micro account option. This is a clear sign they are aiming at your banking details and your deep pockets. Otherwise, they would give you a risk-free option to test their platform.
Generally speaking, trading is quite a sophisticated business. It requires a lot of training, knowledge, and losses. Consequently, you would expect brokerages to offer adequate education. Yet, that’s not something CryptoTierMint firm would agree on.
Even though the company has transparent T&Cs, these don’t reveal a withdrawal policy. Neither do they reveal withdrawal processing time, method, or fees. Therefore, all the possible manipulations are expected. If you want to find some of those, check our Binary Uno review. Starting with shady verification issues, AML laws, and non-existent fees or taxes, this company won’t bring you anything good. Not to mention, they already have a transparent 15% withdrawal fee.
But if you see a company asking you to deposit more money instead of taking a fee from your balance, you know there is something wrong.
Another clear warning sign is that the company doesn’t have transparent contact options. In fact, there are some, but they are not reliable. You can only reach them via e-mail and online contact form. Thus, these options leave them enough time to think of any necessary excuse.
Key Information To Consider About CryptoTierMint
The general conclusion is that the company is a total scam. Primarily because of missing regulations but also because of low transparency. They don’t reveal any of the trading conditions, and they are using a web-based platform. What else do you need to mark them as a fraud?
In any case, it’s hard to go over your ego if you were scammed. But you need to if you want to recover your money. Regardless of the funding method, there are ways. Luckily, our refund experts can guide you step-by-step. But if you only book a consultation with them, you won’t have any costs or obligations. Yet, it could get you your money back. It’s up to you. Get in touch today if you want your funds back!
What is CryptoTierMint?
CryptoTierMint is most likely an offshore brokerage but surely without any regulations and credibility.
Should I Invest With a CryptoTierMint Broker?
Not at all. Without a legitimate registration and license, none of their features and services can be trusted.
What Can I Do If I Was Scammed Online?
Since they are not regulated you can only apply for a chargeback. Or some other refund methods. But for detailed guidance, book a free first meeting with our experts.