Score

1.20 /10
Danger

Cryptxpress

United States

1-2 years

Suspicious Regulatory License

High potential risk

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Regulatory Index0.00

Business Index4.64

Risk Management Index0.00

Software Index4.00

License Index0.00

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No valid regulatory information, please be aware of the risk

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Warning: Low score, please stay away! 2
Previous Detection : 2024-09-29
  • 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

Cryptxpress · Company summary
Cryptxpress Review Summary
Founded 2016
Registered Country/Region United States
Regulation Unregulated
Market Instruments Crypto, stocks and options
Trading Platforms Desktop, web, and mobile platforms
Minimum Deposit N/A
Customer Support Mon - Sun 8.00 - 20.00 Sunday Closed Phone, email, online messaging

What is Cryptxpress?

Cryptxpress is an international investment company founded in October 2016 and officially registered in the United States. The company offers trading in cryptocurrencies, stocks, and options, and provides trading platforms for desktop, web, and mobile devices. Cryptxpress is unregulated.

Cryptxpress' homepage

If you are interested, we invite you to continue reading the upcoming article where we will thoroughly assess the broker from various angles and present you with well-organized and succinct information. By the end of the article, we will provide a concise summary to give you a comprehensive overview of the broker's key characteristics.

Pros & Cons

Pros Cons
  • Multiple trading platforms
  • Not regulated
  • Multi-channel support to contact
  • No 24/7 customer support
  • FAQ section available
  • Unclear trading conditions

Pros:

- Multiple Trading Platforms: Cryptxpress offers multiple trading platforms, including desktop, web, and mobile. This provides users with flexibility and convenience in accessing and managing their trading activities.

- Multi-Channel Support: Cryptxpress provides various channels for customer support, such as phone, email, and online messaging. This allows users to reach out and receive assistance through their preferred communication method.

- FAQ Section Available: Cryptxpress has an FAQ section, which can be a helpful resource for users to find answers to commonly asked questions. It provides a quick and convenient way to access information and resolve basic inquiries.

Cons:

- Lack of Regulation: Cryptxpress is not regulated, which raises concerns about the platform's safety, security, and adherence to industry standards. The absence of regulation means there is no external oversight or protection for users, potentially exposing them to risks.

- Limited Customer Support Hours: Cryptxpress does not offer 24/7 customer support, as it is only available from Monday to Sunday, 8.00 - 20.00 (with Sunday closed). This may be inconvenient for users who require assistance outside of the specified hours.

- Unclear Trading Conditions: The trading conditions, including account options, commissions, and funding methods, are described as unclear. This lack of clarity can make it difficult for users to fully understand the costs, terms, and conditions associated with trading on Cryptxpress.

Is Cryptxpress Safe or Scam?

Cryptxpress is not regulated. The absence of valid regulation for Cryptxpress raises serious concerns about the safety and legitimacy of the platform. Without proper regulation, there is no oversight or accountability for the operations of the platform, creating a significant risk for users. The lack of regulation means that the individuals operating the platform may potentially engage in fraudulent activities without repercussions, such as misappropriating users' funds or abruptly shutting down the platform without notice.

Given these factors,users exercise extreme caution and thoroughly research the background and credibility of any trading platform before engaging with it.

Market Instruments

Cryptxpress offers a range of trading instruments. These instruments include:

- Crypto: Cryptxpress allows users to trade a variety of cryptocurrencies. This includes popular options like Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Litecoin (LTC), and many others. Cryptocurrencies are digital or virtual currencies that utilize cryptography for secure transactions and operate independently of a central bank.

- Stocks: Cryptxpress also provides access to stock trading. This means investors can buy and sell shares of publicly listed companies. Users can trade stocks from various global exchanges, including but not limited to the New York Stock Exchange (NYSE), NASDAQ, London Stock Exchange (LSE), and Tokyo Stock Exchange (TSE).

- Options: In addition to crypto and stocks, Cryptxpress offers options trading. Options are derivative contracts that give traders the right, but not the obligation, to buy or sell an asset (such as stocks, commodities, or cryptocurrencies) at a specific price (strike price) on or before a predetermined date (expiry date).

How to Open an Account?

To open an account with Cryptxpress, please follow the steps below:

Step
1 Visit the Cryptxpress website or download the mobile app
2 Click on the “Register” button
3 Enter your full name
4 Select your country from the provided options
5 Choose your preferred currency
6 Enter your phone number
7 Provide a valid email address
8 Create a strong and secure password
9 Confirm your password
10 Review all the entered information for accuracy
11 Agree to the terms and conditions
12 Click on the Create Account button
13 Check your email for a confirmation message from Cryptxpress
14 Follow the instructions in the email to verify your account
15 Log in to your Cryptxpress account and start trading
fill in required info

Trading Platforms

Cryptxpress provides its clients with a range of trading platforms, aimed at empowering traders and investors with powerful tools and resources across different devices. These platforms include desktop, web, and mobile options, allowing users to access the trading services seamlessly and efficiently.

Cryptxpress's trading platforms cater to the diverse needs and preferences of traders and investors. Whether it is the feature-rich desktop platform, the convenience of the web platform, or the flexibility of the mobile app, clients can choose the platform that suits their trading style and stay competitive in the dynamic world of trading and investing.

Trading Platforms

Customer Service

Cryptxpress offers live chat. With live chat, customers can get their questions answered quickly and receive help with any issues they may have. It's a convenient and effective communication channel that can improve customer satisfaction and increase sales.

Customers can visit their office or get in touch with customer service line using the information provided below:

Mon - Sun 8.00 - 20.00 Sunday Closed

Telephone: +1 (582) 201‑8510

Email: support@cryptoexperttrading.com

Address: 6595 Boles Road Johns Creek, GA 3009

Whats more, Cryptxpress provides a Frequently Asked Questions (FAQ) section on their website to assist their clients with commonly asked questions and provide relevant information. The FAQ section aims to address common queries and concerns that investors may have regarding the company's services, processes, and investment opportunities. By offering this resource, Cryptxpress aims to provide transparency and clarity to their clients, helping them make informed decision.

FAQ

Cryptxpress offers online messaging as part of their trading platform. This allows traders to communicate with customer support or other traders directly through the platform. Online messaging can be a convenient way to get real-time assistance or to engage in discussions with fellow traders.

Contact Form

Conclusion

Cryptxpress is a trading platform that offers multiple trading platforms, providing users with flexibility in managing their trading activities. They also provide multi-channel support through phone, email, and online messaging, allowing users to contact customer support through their preferred communication method.

However, Cryptxpress is not regulated, which raises concerns about the platform's safety, security, and adherence to industry standards. The absence of regulation means there is no external oversight or protection for users, potentially exposing them to risks.

Frequently Asked Questions (FAQs)

Q 1: Is Cryptxpress regulated?
A 1: No. It has been verified that this broker currently has no valid regulation.
Q 2: How can I contact the customer support team at Cryptxpress?
A 2: You can contact via (Mon - Sun 8.00 - 20.00 Sunday Closed)telephone: +1 (582) 201‑8510, email: support@cryptoexperttrading.com and live chat.
Q 3: What platform does Cryptxpress offer?
A 3: It offers desktop, web, and mobile platforms.
Q 4: Is Cryptxpress a good broker for beginners?
A 4: No. It is not a good choice for beginners. Not only because of its unregulated condition, but also because of unclear trading conditions including accounts, funding methods and so on.

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 provided in this review may be subject to change due to the constant updating of the company's services and policies.

In addition, the date on which this review was generated may also be an important factor to consider, as information may have changed since then. Therefore, readers are advised to always verify updated information directly with the company before making any decision or taking any action. Responsibility for the use of the information provided in this review rests solely with the reader.

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lingdsj
more than one year
Just tried out Cryptxpress, and it's a bit of a mixed bag. On the plus side, the customer service team is responsive and quick to address issues. However, there are a few aspects that left me less than satisfied. To begin with, the fees are on the higher side, making it a bit challenging for beginners like myself. The minimum deposit requirement is also relatively steep, posing a hurdle for those just starting out. As an Indian user, the lack of a dedicated customer service number for Indian clients is inconvenient. Quick assistance and specific market queries for Indian users become a bit more cumbersome without dedicated support. Moreover, I was disappointed to find that Cryptxpress doesn't offer swap-free accounts for non-Muslim clients like me. It feels like a basic feature that should be inclusive for traders of all backgrounds. In summary, while the customer service is commendable, the high fees, steep minimum deposit, lack of dedicated support for Indian clients, and the absence of swap-free accounts for non-Muslims make Cryptxpress less than ideal for someone like me who is still navigating the world of forex trading.
Just tried out Cryptxpress, and it's a bit of a mixed bag. On the plus side, the customer service team is responsive and quick to address issues. However, there are a few aspects that left me less than satisfied. To begin with, the fees are on the higher side, making it a bit challenging for beginners like myself. The minimum deposit requirement is also relatively steep, posing a hurdle for those just starting out. As an Indian user, the lack of a dedicated customer service number for Indian clients is inconvenient. Quick assistance and specific market queries for Indian users become a bit more cumbersome without dedicated support. Moreover, I was disappointed to find that Cryptxpress doesn't offer swap-free accounts for non-Muslim clients like me. It feels like a basic feature that should be inclusive for traders of all backgrounds. In summary, while the customer service is commendable, the high fees, steep minimum deposit, lack of dedicated support for Indian clients, and the absence of swap-free accounts for non-Muslims make Cryptxpress less than ideal for someone like me who is still navigating the world of forex trading.
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2023-12-29 18:01
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