Awarding it for one of the worst websites we’ve seen, Crypto Trade Corp dragged our attention as potential fraud. Those companies who just show up out of nowhere, with a bad web page, and without basic terms and conditions are the most suspicious in the online trading world.
Read our Crypto Trade Corp review to find out what’s wrong with this Forex brokerage.
|Broker status:||Unregulated Offshore Broker|
|Regulated by:||Unregulated Brokerage|
|Scammers Websites:||cryptotradecorp.co and cryptotradecorp.com (inactive)|
|Blacklisted as a Scam by:||No Info|
|Owned by:||BRIGHT SPACE LTD|
|Supported Platforms:||Web trader|
|Types of Assets:||Stocks, cryptocurrencies, Forex, ETFs|
|Free Demo Account:||No|
|Accepts US clients:||No|
Crypto Trade Corp Regulations And Security
CryptoTradeCorp seems to be owned by Bright Space Ltd from Seychelles. However, this company cannot be found in the company’s register, not as an FSA-regulated firm. It means that you’re dealing with an anonymous entity, you don’t know the owner, and it can easily turn out that Seychelles is just a random location this brokerage added to its website.
Despite claims that top-notch EU banks hold your funds, unregulated firms have no obligation to follow ESMA or MiFID rules and can easily transfer your funds to their offshore accounts and disappear. Beware of Crypto Trade Corp trading scam.
Fund Withdrawal Issues With CryptoTradeCorp
Firstly, broker is not reputable and is not known for withdrawals, as expected from a fraudulent company. According to numerous Crypto Trade Corp reviews, clients report that they have been scammed and are unable to get their money back. Moreover, this broker froze their accounts under false excuses such as unpaid taxes and bonus agreements that clients never saw before submitting a withdrawal request.
If something similar has happened to you, let us know.
Also remember the names of the Investor500, Qicmarket Group and CFreserve trading scams and avoid them at all costs! Moreover, always check the background of online trading companies before investing!
Areas Of Crypto Trade Corp Scam
As it seems, the broker is present mainly in Sweden, Poland, and Slovenia. However, since it has no regulations and the only restricted country is the USA, be careful and don’t accept any offers coming from Crypto Trade Corp wherever you are.
Traders About Crypto Trade Corp Scam
As mentioned, traders are mostly complaining about withdrawal problems. However, a short glance at the broker’s website will tell you that even that doesn’t work properly. Once you try to check Account Types or the minimum deposit, you will discover that those sections are unavailable. The Web trader has its own lags, so the only conclusion we have is – stay away.
How Does Online Trading Scam Work?
Online trading scams start by being contacted via email, phone calls, WhatsApp, and similar. You will be promised anything and everything just to get involved. And once you do, you will understand that brokers such as CryptoTradeCorp are after your money and nothing else.
Once you decide not to invest further before seeing actual results, your account will be frozen, and you will never get a refund.
Scammed by Crypto Trade Corp? – Tell Us Your Story
If you were scammed by Crypto Trade Corp or a similar bogus broker, let us know. Our chargeback specialists will be more than happy to hear from you and assist you in finding the best money-back solution for your case.
But What Is A Chargeback?
This is a way for your bank to get the funds back directly from the merchant if you have been scammed. Please contact us via online chat, book free consultation with our experts, and let’s get your money back!
What Is Crypto Trade Corp?
It is an unregulated Forex and CFD online trading provider. Beware of fraud and withdrawal issues!
Is Crypto Trade Corp A Scam Broker?
Crypto Trade Corp operates from an offshore country without a trading license.
Is Crypto Trade Corp Regulated?
Company is not regulated and operates as an illegal financial service provider.