General Information
Broker Name: FxCryptoClub
Broker Type: forex
Country: Marshall Islands
Operating since year: N/A
Regulation: : N/A
Address: Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, Marshall Islands MH96960
Broker status: Unregulated
Customer Service
Phone: +442080893079
Email: support@fxcryptoclub.cc
Languages: English
Availability: 24/7
Trading
Trading platforms: N/A
Trading platform Time zone: N/A
Demo account: yes
Mobile trading: yes
Web-based trading: yes
Bonuses: N/A
Other trading instruments: N/A
Account
Minimum deposit ($): 250
Maximal leverage: 1:400
Spread: N/A
Scalping allowed: N/A
FxCryptoClub is an online broker that is located in Majuro in the Marshall Islands. At first, glance does not seem too bad. In this review, we will share our research with you. With our help, traders can make an informed decision on whether or not to invest with this broker. Let’s start with their website. The further you look at their website, you see that they do provide a good amount of information. Going through their website was quite tedious. The website crashed on at multiple moments and it was very frustrating to work with. However, that is not a good enough reason to deem FxCryptoClub scam worthy. Moreover, their website design is an eye sore and is unpleasant. It feels extremely cluttered – as if they are overcompensating for something. But is the chaotic information they give of any use? Unfortunately, it is not useful. It seems like FxCryptoClub provides a lot of ambiguous and unimportant information just to fill up the site. Although that is not a red flag, it is not a good starting point.
Regardless of all the information shared on their site, it seems that there are no regulations or licenses listed by this broker. Our FxCryptoClub.com review believes it is safe to say this is because they are not actually regulated by any third party. Often, this is a big indicator that a broker is in fact working to scam traders. Instead of working with a regulator, they implement policies such as AML, Risk Disclosures, and KYC.
They do briefly mention the MIFID, to maybe help add some validity to their name. However, this mention does not include any proof such as certificates or license numbers. In reality, they are unregulated. This very risky for traders, especially those who are not as experienced. As a result, this FxCryptoClub review urges you to be careful and choose not to work with this broker.
On top of avoiding genuine transparency, they very maliciously directed the site to work in their favor. They do not forget to add terms and conditions, in which they explicitly state that they do not take responsibility for losses, etc. This is the type of broker who will steal your personal information and use it against you. Again, we strongly suggest that no one works with this broker.
FxCryptoClub offers three different accounts. They are presented as the Micro, Standard and Premium. Our FxCryptoClub review lists out the information of each account to give you guys a good idea of what you are dealing with.
Micro Account
Standard Account
Premium Account
After looking through their offers, it is evident that these accounts are fake. What makes the FxCryptoClub.com review say that? Well, the ambiguity and lack of detail really create a lot of confusion. For example, what is to be expected from a private session, or what exactly does work with a strategic analyst include? This is just a knock off version of legitimate brokers. They tried to copy their ideas and account types to make their site look more reliable. But we see right through their disguise. What is even worse, is when you look at the prices of their accounts, they are not even actual prices. It looks like they just came up with a random price for the micro account and then just keep adding on zeros with the rest of the accounts. It is embarrassing how little effort is put into this site.
FxCryptoClub offers six different trading instruments, which are listed above. They include forex, stocks, cryptocurrency, stocks, metals, commodities, and shares. However, what is interesting is that shares and stocks are the same things. Additionally, metals and commodities are also one category. So, in reality, they only offer four different instruments. The reason this be an issue is that this means that FxCryptoClub has no idea about trading. They don’t understand the basics of trading instruments. If they are so clueless why would you trust them with your money? I guess the answer to that is pretty evident; you shouldn’t. This is evidence that FxCryptoClub scams traders instead of working with them peacefully.
Typically, we do not write such terrible reviews for brokers, but we are concerned that there are naïve traders getting taken advantage of. We want to make sure that people are aware that scammers like this exist and that we provide the truth to the public. If you feel that they are a broker you want to work with, then go ahead. But please remember to be careful and know that it is your responsibility. But do not just look at what we have to say. Do not forget to do some more research, because we ensure you will come across many more negative FxCryptoClub.com reviews and comments.
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Poor trading services. I have used this broker service for a month and I never got any refund. I have observed signlas are most of the time against the market movements.
Slow withdrawals. Poor services.
Poor customer service. They never attend to trading concerns.
Seriously worst. Do not transact with anyone of them. They are not regulated and they froze money for no reason.
I thought they are good brokers but apparently, they are not. I had no choice but to quit trading with them.
They give me a hard time on my withdrawal request. I was not able to get my money from them.
There are so many issues on their withdrawal process. Very frustrating.
They are very unprofessional. Customer service placed me on a long hold as I was waiting for their resolution regarding the missing withdrawal but never got back to me. The moment I hung up and dialed again no one picked up the phone.
Withdrawals always come with great delay. It does not happen once but on all of my withdrawals. I decided to close my trading account here due to withdrawal issues.
Stay away from this trading broker. Withdrawals are really slow.