CryptoPro24 Detailed Review – Another Scam Broker?
With the development of technology, more and more sophisticated fraud schemes are being invented. The scammers’ websites look more professional, the documents are drafted more competently, the regulation of the data is often forged extremely skillfully. How to distinguish a scammer from an honest broker? Let’s find out.
|Blacklisted as a Scam by:
|Yes (Bitcoin, Etherium, Binance Coin, etc.)
|Types of Assets:
|Free Demo Account:
|Accepts US clients:
What About CryptoPro24 Regulation?
The first and most important red flag about CryptoPro24 is the lack of regulation. The official website mentions that the company is under the audit of Lebrn. Nevertheless, the web page of this “regulator” does not provide the impression of a trustworthy financial authority. As you scroll through the page, it looks like someone created it specifically to demonstrate fake regulatory data from scam brokers. If you compare the Lebrn website to the well-structured, professional-looking web resources of BaFin, FCA, ASIC, and other trusted organizations, you can see how little effort is really put into the Lebrn website. Even if we don’t consider the design itself, the creators apparently have some problems creating high-quality transparent content.
So fake regulation is all that CryptoPro24 scam broker can offer to convince potential clients of their trustworthiness. However, as you understand, dubious organizations like Lebrn cannot conduct annual audits, check the documentation, track brokerage activities, and protect investors’ rights.
CryptoPro24 Warnings From Financial Regulators
The Italian CONSOB warns of fraudulent activities committed by Crypto Solution LTD. According to claims of CryptoPro24, they are operated by Crypto Solution LTD. Also, we haven’t been able to find licensing and regulation data from any financial authority with a high trader trust rating. Remember that if you don’t have enough knowledge about how meticulous supervision should be, it is better to choose brokers regulated by the top 10 most reliable financial supervisors in the world.
Actually, withdrawal problems can be predicted even before you have invested money. The broker’s web page offers a variety of methods for making a deposit. However, it turned out that the only way you can deposit money is with PayCent. This method is not highly trusted and is rarely used. You can always return the money with the help of a funds recovery company in case of any problems with the withdrawal. However, a chargeback can be performed faster and easier if you initially make transactions with Visa or MasterCard.
CryptoPro24 Trading Software
In the section of the official website about the broker’s trading tools, you will find an offer to use only the web platform. Nevertheless, after purchasing the plan, you’ll achieve access to MetaTrader 4, which was the most popular globally until the release of its new generation – MetaTrader 5. You may think: “Finally! At least one significant advantage!”. However, MT4 of CryptoPro24 is distributed by another fraudulent organization – FX to All.
Which country’s residents are at risk?�
According to news reports and testimonials from victims of fraud, it can be easily determined that most of the victims of the broker are citizens of Italy, the UK, Germany, and Albania. This proves that no matter how developed your country’s economy is, anyone can become a target for scammers. This is why it is extremely important to pay attention to your financial literacy and self-education before going into trading.
Traders About CryptoPro24 Scam
The average rating of an investor organization on various review portals doesn’t exceed 2-3 out of 5. In addition, people often share their bad experiences in various forums. Here you can see the classic scheme in action – every defrauded depositor had withdrawal issues.
The broker’s fraud scheme is built on several trivial aspects. Some things the deceivers managed to accomplish really well. For example, their official website looks quite legitimate and professional, which scammers who create dozens of fakes often cannot offer. Obviously, total anonymity ruined everything. Who will trust their money to an organization that hides data about its owners, location and exposes fake regulation for real? Here a high level of service came to the rescue, which hides the sudden disappearance of managers when you have mysterious problems with the withdrawal. Choose only brokers with 5-star ratings and verified regulation data to avoid losing money.
Scammed by CryptoPro24? – Tell Us Your Story
Faced online scam? Feel free to contact our managers. We’re always here to help you and apply their experience and skills to help you get your money back.
But What Is A Chargeback?
Chargeback is the fastest and most reliable method to recover misappropriated money and avoid time-consuming and expensive litigation.
What Is CryptoPro24?
This is an unregulated investment company that pretends to be a reliable organization and at the same time misappropriates the money of depositors.
Is CryptoPro24 A Scam Broker?
Yes, CryptoPro24 is absolutely a scam broker caught in fraudulent activities by CONSOB and dozens of defrauded victims.
Is CryptoPro24 Regulated?
No, the broker is not regulated by any reliable financial authorities.