Crypto Daily Forex Trade Review
The broker Crypto Daily Forex Trade has started its brokerage services very recently. Now it is making its appearance on several cryptocurrencies news, blogs, and forums because of its several red flags. The broker is surrounded by all kinds of red flags that are sufficient to call it a potential scam cryptocurrency broker. The broker claims to be situated in the United States of America. It provided a New Jersey-based official and it’s inception dated the year 2019. We want to discuss all the possible benefits and drawbacks of it but unfortunately, none of the benefits can be found. This Crypto Daily Forex Trades review is full of all the critical info of it. So don’t miss any.
About Crypto Daily Forex Trades:
There are three diverse investment packages are provided by this broker. They are labelled as Classic, Premium, and Professional. The minimum investment in each of these three is $25000, $30000, and $50000 respectively. A daily high Return On Investment is promised on each of them and they are 2%, 5% and 7%. All the benefits of these higher returns can be used for the first 75 days. So our calculation shows that after 75 days total ROI comes to be 150%.
All look lucrative but how the broker is going to achieve such a large ROI in a short period of time is not shared. The broker has a dashboard display on the official website that claims to track and show recent deposits and withdrawals made by traders in it. It means anyone knows who is profiting how much. Sadly, such practices are unethical as no broker can disclose their client’s details. There are several allegations about this broker prominent of it that is its use of VOIP services to fake international telephone numbers. It moreover involved in social media with the help of fake accounts that claim to be profited by the broker’s unusual investment plans.
The broker does not share information about license number, regulatory authority or owner of it. It is a well-proven recipe of any scam broker to not disclose it’s credentials. And most of them are unregulated and unlicensed. While doing a thorough analysis of the term and condition section it can be seen that the sentences are not proper with many spelling mistakes. The broker accepts payments via bitcoins only.
Is Crypto Daily Forex Trades scam or legit?
The broker is fully anonymous and certainly don’t know from where it is operational. A high ROI promised but it’s a strategy is unclear. Several negative feedbacks are sufficient to call it a potential scam cryptocurrency broker.