Score

1.48 /10
Danger

FX CRYPTO TRADING

Australia

2-5 years

Suspicious Regulatory License

High potential risk

D

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Comparison

Quantity 5

Exposure

Open Account
Website

Score

Regulatory Index0.00

Business Index6.74

Risk Management Index0.00

Software Index4.00

License Index0.00

The WikiFX Score of this broker is reduced because of too many complaints!
Open Account
Website

Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Broker Information

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Company Name

FX CRYPTO TRADING

Company Abbreviation

FX CRYPTO TRADING

Platform registered country and region

Australia

Company website

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away! 3
Previous Detection : 2024-09-30
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

Pyramid scheme complaint
Expose
FX CRYPTO TRADING · Company summary

Note: FX CRYPTO TRADING is to operate via the website - https://fxcryptotradings.com/, which is currently not yet functional and no information about the company was immediately available. Therefore, we could only gather relevant information from the Internet to present a rough picture of this broker.

Risk Warning

Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.

General Information & Regulation

Feature Detail
Regulation No Regulation
Market Instrument forex & cryptocurrency
Account Type Mini: $350 | Standard: $1,000 | Executive: $2,500 | VIP: $5,000
Demo Account N/A
Maximum Leverage N/A
Spread N/A
Commission N/A
Trading Platform N/A
Minimum Deposit $350
Deposit & Withdrawal Method N/A

FX CRYPTO TRADING is allegedly a forex and crypto broker registered in Australia that claims to provide its clients with a choice of four different live account types.

As this brokerage's website cannot be accessed, we were unable to obtain further details about its leverage, spreads, trading platforms, etc.

As for regulation, it has been verified that FX CRYPTO TRADING currently has no valid regulation. That is why its regulatory status on WikiFX is listed as “No License” and receives a relatively low score of 1.36/10. Please be aware of the risk.

General Information & Regulation

Market Instruments

FX CRYPTO TRADING advertises that it specializes in forex and cryptocurrency trading.

Account Types

FX CRYPTO TRADING claims to offer four types of live trading accounts - Mini, Standard, Executive and VIP, with minimum initial deposit requirements of $350, $1,000, $2,500 and $5,000 respectively. In comparison, licensed brokers allow setting up a starter account with a minimum deposit of $100 or even less.

Deposit & Withdrawal

The minimum initial deposit requirement with FX CRYPTO TRADING is said to be as high as $350. However, the broker says nothing about the deposit and withdrawal methods.

Customer Support

FX CRYPTO TRADING‘s customer support can be reached by email: info@fxcryptotradings.com. Company address: Westfield Liverpool, Macquarie St, Liverpool NSW 2170. However, this broker doesn’t disclose other more direct contact information like telephone numbers that most transparent brokers offer.

Pros & Cons

Pros Cons
N/A • No regulation
• Website inaccessible
• High minimum initial deposit required

Frequently Asked Questions (FAQs)

Q 1: Is FX CRYPTO TRADING regulated?
A 1: It has been verified that FX CRYPTO TRADING currently has no valid regulation.
Q 2: What is the minimum deposit for FX CRYPTO TRADING
A 2: The minimum initial deposit to open the basic Mini account is up to $350. While $1,000 for the Standard account, $2,500 for the Executive account and $5,000 for the VIP account.
Q 3: Is FX CRYPTO TRADING a good broker for beginners?
A 3: The FX CRYPTO TRADING brokerage is not a good choice for beginners. Not only because of its unregulated condition, but also because of its inaccessible website and too high initial deposit.

User Reviews

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User comment

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Comments

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奈何轮回
more than one year
Far from pleasant... I jumped into their trading platform expecting a solid service only to be faced with a whole host of issues. I, along with many others, experienced problems with withdrawing our funds. Their customer service didn't do much to ease the concerns either. I felt like I was left in the dark, with my requests and concerns being ignored. To cut the long story short, if you're looking to dive into the world of crypto trading, I'd advise steering clear of FX CRYPTO TRADING. There are far more reliable and transparent platforms out there.
Far from pleasant... I jumped into their trading platform expecting a solid service only to be faced with a whole host of issues. I, along with many others, experienced problems with withdrawing our funds. Their customer service didn't do much to ease the concerns either. I felt like I was left in the dark, with my requests and concerns being ignored. To cut the long story short, if you're looking to dive into the world of crypto trading, I'd advise steering clear of FX CRYPTO TRADING. There are far more reliable and transparent platforms out there.
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2024-02-23 15:17
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Vincent Chuah (念今心)
more than one year
FX CRYPTO TRADING, a company that claims to be registered in Australia, is a complete scammer! I have been cheated out of hundreds of dollars. Although the amount is not too high, it is enough for me to learn a lesson.
FX CRYPTO TRADING, a company that claims to be registered in Australia, is a complete scammer! I have been cheated out of hundreds of dollars. Although the amount is not too high, it is enough for me to learn a lesson.
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2023-02-22 11:42
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