Beware! Fx-crypto-investment is an offshore broker! Your investment may be at risk.
Fx-crypto-investment Key Facts
🔴 Fx-crypto-investment offers questionable bitcoin related investment opportunities – a clear sign of a scam!
🔴 Fx-crypto-investment forges crucial contact information – beware!
🔴 Fx-crypto-investment lacks a license for the provision of its services – a huge red flag!
🔴 Fx-crypto-investment's domain has been registered extremely recently – another off-putting detail!
Fx-crypto-investment products and services
Fx-crypto-investment is a scam – the company cannot guarantee the ridiculous returns on investments it promises on its website – upwards of 30% daily. It is simply trying to steal your deposits under the false promise of incredible returns.
People should always be cautious when dealing with businesses offering enormously high yields because it's scammers' trait to promise big and create unrealistic expectations. In reality, regulated financial companies cannot secure more than a few percents annually with their fixed-income products. There is a huge discrepancy between these offers and the regulated companies standards. Judging by the products and services they sell, we suspect it's a scam, so beware.
Fx-crypto-investment company and regulation
Fx-crypto-investment is not a licensed company – and it does not claim to be one either. The company is perfectly content to operate without a license, outside of what's legal and that is quite troublesome.
The US financial services regulation is very complex in the USA. Derivatives markets regulation is a responsibility of CFTC and NFA. Forex brokers and most of the investments companies have to be NFA members and CFTC registered to operate in the USA. On the other hand, securities markets are controlled by the SEC, a government independent agency responsible to maintain the integrity of the financial markets.
While SEC focuses more on the procedure regulation insisting on financial reports and management discussion and analysis, NFA and CFTC impose pretty straightforward requirements. To become authorised the companies have to provide 20 million USD in paid-up capital, which is considered a guarantee that the businesses can survive in turbulent times and pay whenever they have to.
Other customer protection measures include clients’ accounts segregation and leverage restrictions for forex brokers- 1:50. Also, CFTC brokers’ clients are not allowed hedging, which is one of the very unique US features. Unfortunately, the cryptocurrencies regulation is still inept, so traders and investors should be wary when dealing with crypto offers.
Fx-crypto-investment address and contacts
Fx-crypto-investment provides the following address line: 3031 Tischway Ste 80 San Jose CA 95128. It's fake, of course – other scammers, listed below have tried to use the same address in the past.
Transparency is crucial when talking about brokers and investment companies, and it's part of the regulatory framework. The regulated companies are open to financial authorities following certain transparency rules, so it's generally unlikely to conduct fraudulent activities. They are also bound to provide the public with crucial information about themselves, making it easy for traders and investors to confirm the company's legitimacy.
Fx-crypto-investment website info
Fx-crypto-investment's domain has been online since February 2021 – this makes it quite recent. SimilarWeb does not even list the domain due to low traffic – this is another red flag, as young and unpopular domains are the home to scammers. Another home that other scammers share with Fx-crypto-investment is the IP address the domain is hosted on – 18.104.22.168. There are about 30 other domains on this US IP address, a significant amount of which are scams – the ones we have reviewed can be found below:
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.