Dynasty of Cryptos Review – Dynasty Of Lies, Forgery And Cyber Theft
Dynasty of Cryptos owns a black and lime green website that looks like it came from the 90s. The entire dynastyofcryptos.com domain seems like a big joke at first glance.
The company claims to provide bonuses ranging from a free Mercedes to a paid visit to the Musk residence! There’s nothing funny about their fraudulent behavior, though.
Read all about online financial frauds in our Dynasty of Cryptos review.
|Regulated by:||Unregulated Forex Broker|
|Is This Company Safe?||No, illicit brokerage companies are absolutely not safe!|
|Have Warnings from:||N/A|
|Registered in:||UK (alleged)|
|Trading Platforms:||Web trader|
|Deposit Bonus:||Up to 350%|
|Trading Assets:||Forex, Commodities, Cryptos, Indices, Metals, Stocks|
|Free Demo Account:||Not available|
|How to Withdraw from This Company?||Swindlers will not allow payouts. Please contact us immediately in case of financial fraud.|
Unequivocally a Scam
While Dynasty of Cryptos makes claims about being a properly regulated and legally incorporated UK firm, there’s no valid proof for any of it.
In the UK Companies House, another completely unrelated firm, Henderson Investments Fund Limited, is registered under the address that Dynasty of Cryptos provides. Moreover, the UK’s main financial watchdog – FCA, doesn’t have this broker in their register of overseen entities.
Not only is this completely anonymous and faux website not owned by a legal entity, but they own no legitimate Forex license. We made sure of it after checking with BaFin, CONSOB, AMF and NFA.
What that leads us to suspect is that no funds are safe and security measures like segregation of capital, negative balance protection and compensation plans are unavailable.
Data Theft Through Remote Access
The scheme was implemented in mid-2023. Dynasty of Cryptos immediately set their eyes on these nations:
Swindlers use different online chat software like Whatsapp and Telegram to reach out to their consumers. Their boiler room agents are persuasion experts, and won’t stop calling until they squeeze the money out of their victims.
The company won’t allow a withdrawal however. Thanks to programs like AnyDesk or TeamViewer, they can take control over the data from the victims’ computers, and extort them for additional funds.
If you’ve deposited funds with these dangerous people, consider booking a free consultation with our chargeback experts.
Opposing Claims About Trading Values and Costs
The Dynasty of Cryptos website motivates you to invest by promising huge leverage of 1:200 and fixed spreads of 0.2 pips.
This is complete rubbish, which you immediately can make sure of by taking a look at the values given in the terminal. There, the starting spreads on EUR/USD start at 3 pips, which is several times more expensive than what regulated and prominent brokers charge.
Ridiculous Bonus Offers
The company claims to grant employment with some of the most prominent companies like SpaceX, Tesla, Amazon – whatever suits your tastes.
Some deals are ridiculous, like a one-month trip to the Moon or a free brand new Mercedes-Benz GLS. Besides that, every investor will be granted bonuses upwards of 350% of initial deposit.
Trading Features Confirm Broker’s Incompetence
It isn’t certain what is the worst part of the entire Dynasty of Cryptos offer. Whatever you look at will disappoint you or simply make you laugh.
The borderline useless software cannot even remotely compare to the world leading platforms like MT4 and MT5.
To make the whole matter all the more comical and pathetic, the account types carry the names of successful business people and offer nothing but jokingly unrealistic features and bonuses.
Platinum Hightech Webtrader
The fancy name that this broker has given to its altogether purposeless terminal doesn’t help with the fact that you can’t do anything on it.
The Dynasty of Cryptos platform is similar to the one found with UltraBrokerz. It’s an unresponsive and poorly designed bogus software that only allows you to click two single functions – buy and sell. Not even that is available until you deposit real money.
In that sense, the broker doesn’t even let you examine the trading environment and test the trader on a Demo version.
Fewer Available Assets Than Promised
Although you’ll see Dynasty of Cryptos promising products similar to the LQDFX scheme. The most exotic financial products should be available for trading, however that is not the case in practice:
- Forex (EUR/USD, USD/GBP, EUR/CHF)
- Commodities (Coffee, Cotton, Sugar)
- Indices (Dax, Dow Jones, Nikkei)
- Metals (Silver, Gold, Platinum)
- Crypto (BTC, ETH, DOGE)
- Stocks (Aviva, Barclays, HSBC, Tesco)
Funky Account Names
Dynasty of Cryptos accounts are tiered, and continue the ridiculous offers seen on other parts of the website. None of them are cheap to fund.
Wait ‘till you see the account names Dynasty of Cryptos came up with:
- Warren Buffet – $1 000
- Larry Ellison – $10 000
- Jeff Bezos – $25 000
- Elon Musk – $100 000
- Bernard Arnault LVMH – $250 000
These accounts are paired with the mentioned trading bonuses. It all feels like an old time infomercial, but wait there’s more – you get an incredible 45% of daily return on investment!
Needless to say that Dynasty of Cryptos withdrawals are completely unclear and confusing. The only thing that the broker has published is the withdrawal processing time being between 5 and 10 days.
Funding methods, as well as potential fees are kept secret. That right there is another proof of the broker being untransparent and dishonest about their services and money flow.
Nobody Cares In Customer Support
The customer service at dynastyofcryptos.com is only available for registered users, through the client dashboard.
While there is a dedicated link to the online chat, you may only leave a message to the support agent. No messages we left were ever responded to, however.
Don’t Wait – Get Legal Help!
Dynasty of Cryptos may be a dangerous offshore entity or just a small-time scammer, matters not. What is of crucial importance is realizing that you should not keep quiet in case of a scam. Please immediately consider getting the support you need to ensure your funds are back on your account.
By contacting our live chat operators, you can quickly book a free consultation and get properly informed on your possibilities of a chargeback and other legal actions.
Who Is Dynasty of Cryptos?
Dynasty of Cryptos is an anonymous brokerage with false corporate information and no license.
Is Dynasty of Cryptos Regulated?
No, this broker is fully unregulated. If they’ve defrauded you, please consider contacting our legal support team.
What Are The Account Types In Dynasty of Cryptos?
Accounts are overly pricey and named after rich celebrities: Warren Buffet - $1 000, Larry Ellison - $10 000, Jeff Bezos - $25 000, Elon Musk - $100 000 and Bernard Arnault LVMH - $250 000.