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CRYPTO TRADE LLC -

Score

1.42 /10
Danger

CRYPTO TRADE LLC

United Kingdom

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

https://cryptotrade-llc.com

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Score

Regulatory Index0.00

Business Index6.29

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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Broker Information

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Company Name

CRYPTO TRADE LLC

Company Abbreviation

CRYPTO TRADE LLC

Platform registered country and region

United Kingdom

Company website

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away! 2
Previous Detection : 2024-09-21
  • 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

CRYPTO TRADE LLC · Company summary

Since CRYPTO TRADE LLC‘s official website (https://cryptotrade-llc.com/) cannot be opened for now, we could only piece together this broker’s rough picture by gathering relevant information from other websites.

basic-info

General Information

CRYPTO TRADE LLC is an online forex broker registered in United Kingdom, offering clients forex-related trading services. Since CRYPTO TRADE LLCs official website canot be opened for now, we were unable to obtain more information about its trading assets, minimum deposit, spreads and commissions, trading platform, and more.

Investment Plans

Four investment plans are offered with specified name for each account not disclosed. Here we use “Plan A”, “Plan B”, “Plan C”, “Plan D” to stand for them.

To take part in the Plan A, investors need to fund at least $300, which is slightly higher than its peers requirements. Another three plans require initial deposits from $1,000, $5,000, and $20,000, respectively.

investment-plans

Trading Platform

Please note that what CRYPTO TRADE LLC is not the industry –leading MT4 or MT5 trading platform, which is a big pity.

Customer Support

Worryingly, traders with any inquiries or trading-related issues can only reach out to through email: info@cryptotrade-llc.com. This is another red flag, which means if traders encounter something wrong during their trading process, no one can turn to get things back on the right track.

Risk Warning

Forex and CFD are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% of retail investor accounts lose money when forex and CFD trading with this provider. You should consider whether you can afford to take the high risk of losing your money.

Please note that the information presented in this article is intended solely for reference.

User Reviews

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User comment

3

Comments

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RTYer
more than one year
I had a great experience with TREX trade, and my account manager, Edison, was incredibly helpful. He kept me informed about important issues and was always ready to assist. Overall, the quality of the experience was excellent, and I can confidently recommend TREX trade. The entire process was transparent, and the trading execution was fast.
I had a great experience with TREX trade, and my account manager, Edison, was incredibly helpful. He kept me informed about important issues and was always ready to assist. Overall, the quality of the experience was excellent, and I can confidently recommend TREX trade. The entire process was transparent, and the trading execution was fast.
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2024-02-05 22:08
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全球连锁拾破烂孤寡老獾
more than one year
Crypto Trade LLC is a complete scam! Their trading platform is a black box, and there is no transparency at all. The worst part is that they manipulate your account behind the scenes, and their customer support is nonexistent. As a trader, I had a terrible experience with this platform and lost my hard-earned money. Please avoid them at all costs.
Crypto Trade LLC is a complete scam! Their trading platform is a black box, and there is no transparency at all. The worst part is that they manipulate your account behind the scenes, and their customer support is nonexistent. As a trader, I had a terrible experience with this platform and lost my hard-earned money. Please avoid them at all costs.
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2023-03-24 09:29
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