Expert CryptoFx Option did not spend a lot of time persuading us of its reliability. Since the broker failed to produce any type of legal papers or licensing, even someone who is not very knowledgeable about scam brokers may recognize that this organization is a fraud operation. If you register an account with one of these shady businesses, you will undoubtedly lose a lot of money, thus we encourage you to avoid them.
Overview
We have previously examined at least a dozen websites that are comparable to Expert CryptoFx Option, despite its claims to be a multi-regulated and internationally known broker. Instead, it is nothing more than a practically anonymous, phony website.
| 🌐 Website | expertcryptofxoption.com |
| 🏠 Company | Expert CryptoFx Option Ltd |
| 📌 Address | 348 West 57th Street #247, New York, NY 10019 USA |
| 📞 Phone | +14064263039 |
| support@expertcryptofxoption.com | |
| ⚖️ Regulation | Unregulated, Blacklisted, Scam |
Is Expert CryptoFX Option Regulated?
Although Expert CryptoFx Option claims to be situated in New York, the NFA, and the CFTC, the two financial regulators in charge of issuing licenses to US forex brokers, have not offered any evidence that they are regulating them. In reality, we discovered that such a corporation was not regulated in the US and was therefore not permitted to provide financial services in the nation when we searched the NFA database for a broker with this name. The FCA, a UK regulatory authority, was alerted about this broker, which serves as more evidence that the firm is dodgy and that you would have no legal protection if you choose to register an account with them.
Warnings From Financial Regulators
Expert CryptoFX Option has been flagged as an appropriate broker by FCA, the main financial regulatory organization in the UK.
Is Expert CryptoFX Option Can Be Trusted?
As we already see that this platform has several issues with its regulation and other basic things, so this platform should be trusted.
What kind of currency pair do they offer?
They offer forex pairs, crypto tradings, stocks, and commodities.
Customer Support
Though they have a phone number on their website and an email address, it does not mean that they have good customer support. When you will call the number, you will find an automated voice recording. They will call you if they think that you might be interested in investing.
Trading Method (MT4 or MT5)
A world-class platform is what Expert CryptoFx Option claims to provide, and they even cite the industry standard MetaTrader5. However, the only trading software that is really available is a web-based platform that has been unnecessarily simplified.
What Do Traders Think Of Expert CryptoFX Option?
Doing extensive research on the businesses and organizations you want to donate the monies to is the first step in defending yourself from shady individuals online. There may probably already be other users of the service who have posted their comments and feedback online on different forums.
A common theme of consumers’ dissatisfaction with the Expert CryptoFx Option surfaced after some research was done on numerous social media platforms and online trading communities.
What To Do If You Get Scammed?
In the world of online brokers, prevention is essential, therefore we should caution you that the possibilities of you getting your money back if you have already been cheated are minimal. It is crucial to choose a legal business that has earned a license and shown its dependability. In the event that you have already fallen victim to fraud, there are still certain things you may do.
Make sure to let your bank know that you were a victim of fraud. All of the passwords you gave the con artists need to be changed. Remove the program right away if you’ve granted them remote access to your computer. Scam brokers often make the claim that you must install this software in order for them to assist you with software setup or even to assist you in trading, but their real goal is to get access to your banking systems and steal more money.
Then submit a report to us. We will analyze your incident. Then we will provide you with a free consultation to guide you on how to get your money back.
File A Complaint Against Expert CryptoFX Option & Get Free Consultation
Final Thoughts
The so-called trading bonus that you will be given when opening a trading account is one of the most popular methods used by con artists to steal your money and escape punishment. The typical condition of such incentives is a minimum trade volume requirement, which will bar you from withdrawing any funds regardless of your actions or trading strategy.
