CryptoFX Trade Review
The identity of CryptoFX Trade broker is undisclosed. It claims to be situated in the United Kingdom and registered there. It further claims to be regulated by the Financial Authority but we don’t know exactly which? It’s inception days back in July 2019. It means the broker is very new in the market. It has four investment plans that promise high Return On Investments daily. It also has a referral system with a higher commission. However, we strongly suspect this broker and in this CryptoFX Trade review, we will discuss all the problems if it. Stay with us.
About CryptoFX Trade:
The four investment plans namely are Starter, Premium, Advanced, and VIP plan. The investments required to each plans are between $100 – $500, $501 – $5000, $1000 – $50000, and $2000 – Unlimited respectively. The Starter plan offers 20% ROI in 24 HRS, Premium plan offers 40% ROI in 2 Days, Advanced plan offers 100% ROI in 2 Days, and not but the least VIP plan offers 150% ROI in just 3 Days. The broker also claims their policy resolve around satisfied clients and for the same, it provides attractive 10% of commission on each referral.
The brand CryptoFX Trade is owned by a company CryptoFX LTD situated in London, United Kingdom. If traders want to get in touch with this broker only email address is provided. There is no customer service telephone number mentioned on the official website of the CryptoFX Trade.
There is a countdown panel that informs us about the since when the website is active, total deposits by brokers clients, total withdrawals by brokers clients, and total members.
The broker CryptoFX Trade claims to be operational from 404 day – till the time we are reviewing it. Also, above 400 customers have earned more than USD six hundred thousand in a very short time. However, how this high Return On Investment is achieved is not disclosed by the broker. Furthermore, the United Kingdom-based brokers must be registered under the local financial body Financial Conduct Authority. When we checked with FCA we could not find its name in it. Also, the name of CryptoFX Trade is identical to the other scam broker CryptoFX.
Is CryptoFX Trade scam or legit?
We highly suspect this broker. The entire presentation of the broker is anonymous. According to us, it operates the Multi-Level Marketing Ponzi Scheme. The promised ROI is unimaginably high. Therefore, we call CryptoFX Trade a potential scam cryptocurrencies broker.