General Information
Broker Name: Crux24
Broker Type: Forex
Country: St. Vincent and the Grenadines
Operating Since (Year): 1999
Regulation: –
Address: Suite 305, Griffith Corporate Centre, Beachmont Kingstown, P.O. Box 1510, St. Vincent and the Grenadines
Broker status: Not regulated
Customer Service
Phone: +808752233116
Email: [email protected]
Account
Minimum deposit ($): $250
Maximal leverage: –
Spread: –
Scalping allowed: –
Content Table
- General Information
- Regulations and Licensing
- Account Types
- Signing Up
- Conclusion
Crux24 Brokers
Crux24 Is a broker site that came across our radars as a possibly dubious website. It did not take much investigation to realize that our suspicions were valid. It is rear when writing a broker review, to encounter a scam broker quite as lazy as Crux24. On the broker’s website it indicates that their address is Suite 305, Griffith Corporate Centre, Beachmont Kingstown, St. Vincent and the Grenadines. It only took a google search to find out that this is an address that has been in use by various scam companies to trick people into believing in their legitimacy. Furthermore, the broker claims that they have had presence on the market since 1999, however, there is few if any mention of them online and any reviews we could find about Crux24 have been very recent and largely negative.
What Assurances Does Crux24 Claim?
The website has an appealing interface, fainting legitimacy through what might at first glance seem like a professional broker website. However, when going through their various policies and terms and conditions, it becomes apparent that these are simple template statements likely taken from other websites. In addition, there is no mention of any official accreditation. Nor are any regulating organization identified, that are usually tied to these types of broker firms. This all cements Crux24 as a scam website, as no proficient trader would ever consider giving any of their business to such brokers, meaning that they are geared towards scamming unsuspecting beginners that are not yet savvy to the perils of the online trading world.
Account Types
Usually, when dealing with a legitimate broker site, we find a variety of options in account types to sign up for. These can include a free beginner account, which is intended mostly for educational and/or orientation purposes, then a number of mid-tier accounts with varying deposit amounts and perks and then there are the vip and elite accounts for expert traders with large cashflow (these can be in the hundreds of thousands or even millions). Crux24 however, has only two account types and of these two, the first has a wildly fluctuating deposit fee and the second doesn’t have nearly the necessary amount of deposit fee requirement to indicate that serious traders would consider it a viable account.
First tier has a deposit requirement of 0-10’000 EURO, which is already is a red flag in its ambiguity. Furthermore, there are no clear benefits and perks that would indicate any gradation in the wild escalation from free to 10’000 EURO. The second tier has 10’000+ EURO deposit requirement and again, no specific detail as to what you will be getting from this account.
Signing Up
Signing up to the broker is a simple enough process, it only takes the most basic personal and bank information to register. These are no added security fields, no questions regarding the volume of trading the person that is signing up does on a regular basis. In short, no fields that an experienced trader would expect to find when signing up for an account. This is most probably done deliberately, so that novice traders don’t get dissuaded from signing up and so that the process is done quickly, after which they can move on to scamming those very people out of their money.
Conclusion
What else is there to say about Crux24, that hasn’t become painfully obvious in our review? Not much, from their frankly shockingly un-original attempts at a legitimate website, to their lackluster work on the accounts and their marketing, not to mention the fact that their claimed address can be discovered as fraudulent with a simple google search, it’s almost as if they are trying to be found out.
I cannot state this more plainly, no one should attempt to give any business to this broker.
- Support
- Platform
- Spread
- Trading Instrument
( reviews)
Poor forex broker
This causes miseries and problems. I have lost thousands of dollars because of them.
Did you find this review helpful? Yes (1) No
Poor services
Extremely poor services. On a scale of 1-10, I can even give zero for their ratings.
Did you find this review helpful? Yes No
Too good to be true
Too good to be true. I am very skeptical from the start.
Did you find this review helpful? Yes No
Horrible experience
Horrible Experience. They are proven to be scammers.
Did you find this review helpful? Yes No
Fake broker
Fake broker. They are just trying to scam people.
Did you find this review helpful? Yes No
Slow withdrawals
Very slow withdrawal process and worst services. I am not dealing with them again.
Did you find this review helpful? Yes No
Worst company
Worst company ever. Steal money from people.
Did you find this review helpful? Yes No
Do no deal
Do not give out important personal information to these brokers. They are not real trading brokers.
Did you find this review helpful? Yes No
Unprofessional broker
Very unprofessional people. They even swear over the phone because they are unable to convince my key in my bank account on their website.
Did you find this review helpful? Yes No
Waste of time
Just a waste of time. I do not recommend it.
Did you find this review helpful? Yes No
Worst trading company
I have encountered the worst trading company. I lose all my money here.
Did you find this review helpful? Yes No
Poor forex broker
Poor tools, poor services, and poor signals.
Did you find this review helpful? Yes No
Poor broker
Not profitable to trade with. Poor broker performance.
Did you find this review helpful? Yes No
Poor services
Slow withdrawals. Poor services.
Did you find this review helpful? Yes No
Bad company
Bad company. Do not transact with them.
Did you find this review helpful? Yes No
Fraud
Fraud broker company. Please stay away from them.
Did you find this review helpful? Yes No
Poor signals
Signals are not good. They are used to work on elsewhere, on freezing money I guess.
Did you find this review helpful? Yes No
Do not approve withdrawal
So disgusting with this broker service. They do not approve withdrawals.
Did you find this review helpful? Yes No
Hard time on withdrawals
They give me hard time with my withdrawal request. I was not able to get my money from them.
Did you find this review helpful? Yes No
Lose money
I have dealt with them and had the worst nightmare of my life. I have lost so much money.
Did you find this review helpful? Yes No
Unreliable broker
Unreliable trading broker. Do not deal with them.
Did you find this review helpful? Yes No
Fake trading
Here, nothing is real. Fake trading!
Did you find this review helpful? Yes No
Frustrating withdrawal process
I am so frustrated with their withdrawal process. I was ask to provide documnets but they still denied my request.
Did you find this review helpful? Yes No
Unreliable broker
Unreliable trading services. Avoid dealing with this broker.
Did you find this review helpful? Yes No
Do not deal
Warning: They are scammers, do not deal with them.
Did you find this review helpful? Yes No
Scam
I was a victim of their trading scam. I advise everyone to stay away from them.
Did you find this review helpful? Yes No
No withdrawals
Do not trade with them . They do not process withdrawals.
Did you find this review helpful? Yes No
Slow withdrawals
Worst broker I have ever met. Signals are unreliable and very slow withdrawals.
Did you find this review helpful? Yes No
Poor services
Poor services. I am not dealing with them again.
Did you find this review helpful? Yes No
Do not approve withdrawals
It is not a good idea to invest money here. They will never approve a withdrawal request.
Did you find this review helpful? Yes No
Troubled withdrawals
It is a big mistake I made, investing with this broker brings so much trouble to me.
Did you find this review helpful? Yes No
Bad trading company
Bad trading company. Options are very limited and they do not approve withdrawal requests.
Did you find this review helpful? Yes No
Unprofessional
I do not recommend this broker company. They are rude and very unprofessional.
Did you find this review helpful? Yes No
Scammers
They are scammers. I am a victim of their trading scheme, do not deal with them.
Did you find this review helpful? Yes No
Unresponsive
Unresponsive all the time. I am not getting the support I paid for.
Did you find this review helpful? Yes No
Slow withdrawals
Very slow withdrawal process. It is also very hard to get approval for withdrawal requests.
Did you find this review helpful? Yes No
Do not invest
Do not invest with this broker company. They are very unprofessional when it comes to withdrawals.
Did you find this review helpful? Yes No
Inaccurate signals
They are not good trading brokers. They have a few signals that are not accurate.
Did you find this review helpful? Yes No
Difficult withdrawals
Poor services, withdrawals are very difficult and slow.
Did you find this review helpful? Yes No