CryptoFxPlus review – Is CryptoFxPlus.com scam or safe?

Beware! CryptoFxPlus is an offshore broker! Your investment may be at risk.

CryptoFxPlus.com Key Facts

🔴 CryptoFxPlus.com creates unrealistic expectations by offering more than 130% daily returns. Red flag!

🔴 CryptoFxPlus.com holds no license to sell financial products and services. Red flag!

🔴 CryptoFxPlus.com refuses to disclose important information about themselves. Red flag!

🔴 CryptoFxPlus.com is a recently registered website. Disturbing sign!

CryptoFxPlus.com registration, license and regulation

CryptoFxPlus.com reveals nothing about the company or the people standing behind this investment scheme. We found no license whatsoever based on our website research, so CryptoFxPlus.com is an illegal investment provider selling products and services on regulated markets without authorisation. It's most probably a scam given their business features- referral programs, “impossible to lose money” claims, etc. We urge traders and investors to avoid such shady entities and trade with duly authorised companies complying with the countries' regulations.

Each broker presented in US have to be an NFA member and registered with CFTC.

The regulations in USA are quite heavy, compared to other domains. The capital adequacy requirement state Forex brokers have to provide minimum 20 million USD in paid-up capital to get a US license. Also clients’ funds should be kept in segregated accounts, making it impossible for brokers to misuse the capital for daily expenses.

The restrictions on Forex trading in USA includes a maximum allowed ratio of 1:50. Clients are also limited by the FIFO rule (first in, first out), meaning traders have to close their positions consequently. Hedging is also disallowed, which some traders might find restricting.

CryptoFxPlus.com address and contacts

CryptoFxPlus.com doesn't reveal an address or a contact number. They deliberately hide their necessary corporate information for they obviously have deceitful intentions. Traders and investors should stay away from entities hiding critical information about themselves. The legit investment companies are bound by the law to disclose their basic corporate details, so beware!

The only way you can approach them is to write them an e-mail: [email protected], or via the contact form they present on the website.

CryptoFxPlus.com website information

CryptoFxPlus.com is a domain name registered by NAMECHEAP INC at 25.09.2020, so it's less than 6 months old. The website age refutes their claims to be a leading broker and CFD provider, making them fraudulent enterprise deceiving the public. It has a US IP68.65.123.233 co-hosting more than 770 domains at the time of writing. Based on IP details, we can't link this website to other suspicious websites.

Alexa doesn't even rank CryptoFxPlus.com, so it's highly unpopular a website. Their claims to have attracted more than 46 000 thousand investors are baseless. Beware.

Scam warning

We paid utmost attention to the regulation and transparency in the sections above because it’s mandatory for trading and investments. Pretty much each company offering financial services have to be authorised by the local financial authority. 

However, some entities operate unlicensed and intentionally run investment fraud. It would be best if you only dealt with companies authorised by the regulators, so always check to make sure they are. Bear in mind that if you trade with unauthorised businesses, you won’t be protected, so it’s very likely to suffer losses almost impossible to recover if things go wrong.

Online scam is trending nowadays with fraudulent websites popping up literally every day. The financial authorities increase the number of warnings issued year after year, but the dangers are still out there and growing exponentially. You’ll realise the hazards when you consider OneCoin scam- it’s still impossible to calculate the total loss, but it’s regarded as 15 billion worth fraud. Make sure to trade with licensed and regulated companies to avoid off-putting losses.