Cryptosmartinvestment.com Review
Caution Investors Cryptosmartinvestment.com – This entity is likely to be offering financial services to Australian consumers. It does not hold an Australian financial services licence or Australian credit licence from ASIC, and is not authorised by a licensee
Introduction to Cryptosmartinvestment.com:
Cryptosmartinvestment.com is a website that claims to be an online trading platform that allows users to trade various cryptocurrencies and derivatives, such as Bitcoin, Ethereum, Litecoin, Ripple, Bitcoin Cash, and more. The website also claims to offer educational resources, market analysis, trading signals, and account management services.
Products and Services offered by Cryptosmartinvestment.com:
Cryptosmartinvestment.com offers four types of accounts for its users: Basic, Silver, Gold, and Platinum. Each account type has different features, such as minimum deposit, leverage, spreads, commissions, bonuses, and access to trading tools. The website also offers a demo account for users to practice trading without risking real money. Additionally, the website claims to provide users with various products and services, such as:
– A web-based trading platform that is compatible with any device and browser
– A mobile app that allows users to trade on the go
– A variety of payment methods, such as credit cards, debit cards, wire transfers, and cryptocurrencies
– A 24/7 customer support team that can be contacted via phone, email, or live chat
– A dedicated account manager that can assist users with their trading strategies
– A learning center that provides users with educational materials, such as articles, videos, webinars, and e-books
– A market analysis section that provides users with daily market news, trends, and signals
– A referral program that rewards users for inviting their friends to join the platform
Financial institution & regulatory license of Cryptosmartinvestment.com:
Cryptosmartinvestment.com claims to be operated by Crypto Smart Investment Ltd., a company registered in the Marshall Islands. However, the website does not provide any information about its financial institution or regulatory license. This means that cryptosmartinvestment.com is not authorized or regulated by any reputable financial authority, such as ASIC in Australia. This also means that cryptosmartinvestment.com does not comply with any rules or standards regarding the registration of issuance, offer or sale of securities/derivatives, and reporting requirements. Therefore, users who trade with cryptosmartinvestment.com are exposed to a high risk of losing their money and personal information.
Trader’s Reviews and Customer Service of Cryptosmartinvestment.com:
Cryptosmartinvestment.com does not have any positive or credible reviews from traders who have used its platform. On the contrary, there are many complaints and warnings from traders who have been scammed by cryptosmartinvestment.com. Some of the common issues reported by traders are:
– Difficulty in withdrawing their funds or closing their accounts
– Pressure from account managers to deposit more money or accept bonuses
– Manipulation of trading results or prices
– Unauthorized charges or fees
– Lack of response or assistance from customer support
– Harassment or threats from customer support or account managers
How do online trading scams operate:
Online trading scams are schemes that lure unsuspecting traders into investing their money with fraudulent brokers or platforms. These scams often use fake websites, testimonials, reviews, awards, or logos to appear legitimate and trustworthy. They also promise high returns, low risks, free bonuses, or exclusive offers to attract traders. However, once traders deposit their money with these scams, they face various problems or obstacles that prevent them from withdrawing their funds or making profits. These scams may also use various tactics to persuade traders to invest more money or accept unfavorable terms. Some of these tactics are:
– Offering unrealistic or guaranteed profits
– Claiming to have insider information or secret strategies
– Providing false or misleading market analysis or signals
– Creating fake urgency or scarcity
– Using social proof or authority
– Exploiting emotional triggers or cognitive biases
How to Safeguard Against Fraudulent Brokers:
To avoid falling victim to online trading scams, traders should always do their due diligence before choosing a broker or platform to trade with. Some of the steps that traders can take to safeguard against fraudulent brokers are:
– Check the reputation and regulation of the broker or platform
– Read the terms and conditions carefully before signing up or depositing money
– Avoid brokers or platforms that offer too good to be true deals or promises
– Use secure payment methods and avoid sharing sensitive information
– Test the platform and customer service with a small amount or a demo account
– Monitor the trading activity and performance regularly
– Be wary of unsolicited calls or emails from brokers or platforms
– Report any suspicious or fraudulent activity to the relevant authorities
Conclusion:
Cryptosmartinvestment.com is a website that claims to offer online trading services in various cryptocurrencies and derivatives. However, the website is not regulated or authorized by any reputable financial authority, such as ASIC in Australia. The website also has many negative reviews and complaints from traders who have been scammed by it. Therefore, we advise traders to stay away from cryptosmartinvestment.com and choose a reliable and regulated broker or platform to trade with. If you have been scammed by cryptosmartinvestment.com, you should contact your bank or credit card company immediately and report the incident to ASIC or other relevant authorities.
