Score

1.39 /10
Danger

Forage Cryptfx Trade

United Kingdom

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Score

Regulatory Index0.00

Business Index6.09

Risk Management Index0.00

Software Index4.00

License Index0.00

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Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Warning: Low score, please stay away! 2
Previous Detection : 2024-09-24
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

Forage Cryptfx Trade · Company summary

General Information & Regulation

Forage Cryptfx Trade is allegedly a suspicious regulated crypto broker registered in the UK since 2017 that claims to provide its clients with cryptocurrency trading, as well as a choice of seven different investment plans and 24/7 online customer support service.

Market Instruments

Forage Cryptfx Trade advertises that it mainly offers access to cryptocurrency trading.

Investment Plans

There are seven investment plans offered by Forage Cryptfx Trade, namely Silver Weekly, Classic 24 Hour, basic Weekly, Gold Weekly, Platinum Weekly, Gold Monthly and Membership Returns. Starting a Silver Weekly plan requires the minimum initial deposit amount of $200, while the other six investment plans have much higher minimum initial capital requirements of $3,000, $5,000, $3,500, $10,000, $70,000 and $100,000 respectively. The maximum deposit amount is $3,000, $10,000, $20,000, $10,000, $25,000, $1,000,000 and $1,000,000 separately.

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Deposit & Withdrawal

From the logos shown at the interface of “ABOUT US” on Forage Cryptfx Trades official website, we found that this broker seems to accept deposits via Perfect Money, Payeer, Bitcoin, Ethereum, Litecoin, Bitcoin Cash and Dogecoin. The minimum initial deposit requirement is said to be only $10. The broker says it does not charge any fees and hidden payments on deposited and withdrawn funds. As for withdrawal processing, the broker states that the profit withdrawal is carried out manually and it can take up to 48 hours.

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Customer Support

Forage Cryptfx Trades customer support can be reached by telephone: +66 802320131, email: INFO@FORAGECRYPTFXTRADE.COM or send messages online to get in touch. Company address: 25 London St, London, United Kingdom, W2 1HH.

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FX1378407069
more than one year
Seriously, friends, choosing to invest in Forex with Forage Cryptfx Trade is the worst decision I made in 2023. Within a few months my account wouldn't open and I couldn't withdraw my money. Their customer service also seems to have evaporated. Now I'm kinda desperate and not knowing what to do...
Seriously, friends, choosing to invest in Forex with Forage Cryptfx Trade is the worst decision I made in 2023. Within a few months my account wouldn't open and I couldn't withdraw my money. Their customer service also seems to have evaporated. Now I'm kinda desperate and not knowing what to do...
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2023-03-20 10:20
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FX1337020072
more than one year
This broker, Forage Cryptfx Trade, has been giving me problems in regard to withdrawing my profits. I don’t recommend it to anyone as it is trustworthy. I advise that you should choose those highly regulated brokers.
This broker, Forage Cryptfx Trade, has been giving me problems in regard to withdrawing my profits. I don’t recommend it to anyone as it is trustworthy. I advise that you should choose those highly regulated brokers.
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2023-03-13 10:40
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