Note: Crux24's official site - https://crux24.com/ is currently not functional. Therefore, we could only gather relevant information from the Internet to present a rough picture of this broker.
What is Crux24？
Crux24 is a broker based in Saint Vincent and the Grenadines, operating without any regulatory oversight. The absence of regulation poses multiple risks to investors, making it important for clients to evaluate the broker carefully before investing. Without an accessible website, it's harder for users to gain information.
Pros & Cons
Cons:
Dead Website: The company's official website is dead. This makes access to important trading information, news, and customer support challenging for customers or potential investors.
No Regulation: Crux24 operates without any specific regulatory oversight. This is a significant risk factor as uncertainty regarding standards adherence and investor security arises.
Lack of Info: The lack of readily available information concerning the company's policies, strategies, and other operational aspects adds uncertainty, making it more difficult for potential customers to make informed decisions about engaging with them.
Is Crux24 Safe or Scam？
Regulatory Sight: Crux24 is currently functioning without any regulation, meaning it does not fall under the supervision of any financial regulatory bodies and does not possess any licenses to operate in the financial market. The absence of any such oversight raises concerns about the firms adherence to financial standards and regulations, increasing the risk for investors.
User Feedback: Crux24 has received multiple user complaints. The users complained about the withdrawal difficulties - They claimed the platform operates with various roles including investors, backers, and intermediaries to defraud users and keep deposited money. Another complaint was regarding the cashback event. If overdue for seven days, 10% of one's credit score would be deducted. Moreover, if an additional 200,000 USDT was not deposited on the 10th day, 10% of the book balance would be deducted every day until all deductions are made.
Customer Support
Email: They provide email support for detailed inquiries or issues that require comprehensive explanation. The email contact for customer support is info@crux24.com.
Telephone: They have phone support which allows instant communication for urgent matters. Their contact number is 8752233116.
Conclusion
Crux24 is operating without regulatory oversight. Due to their website being non-functional and the scarcity of information online, potential investors should be more cautious. We do not recommend users to trade with this broker.
Frequently Asked Questions (FAQs)
Q: Is Crux24 regulated？
A: No, it is not regulated.
Q: Is Crux24 a good choice for beginners or not？
A: No, it is not. Due to a lack of regulation, an inaccessible official website, and an overall lack of transparency, Crux24 is not recommended for beginner users.
Risk Warning
Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies.
In addition, the date on which this review was generated may also be an important factor to consider, as information may have changed since then. Therefore, readers are advised to always verify updated information directly with the company before making any decision or taking any action. Responsibility for the use of the information provided in this review rests solely with the reader.
2024-01-11 20:50
