Score

1.36 /10
Danger

Capital Crypto Reserve

2-5 years

Suspicious Regulatory License

High potential risk

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Score

Regulatory Index0.00

Business Index5.88

Risk Management Index0.00

Software Index4.00

License Index0.00

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Licenses

No valid regulatory information, please be aware of the risk

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

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Broker Information

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Company Name

Capital Crypto Reserve

Company Abbreviation

Capital Crypto Reserve

Platform registered country and region

Belgium

Company website

Company summary

Pyramid scheme complaint

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This platform is a Ponzi Scheme. Please stay away! 4
Previous Detection : 2024-09-30
  • This broker has been verified to be illegal and all of its licences have expired, and it has been listed in WikiFX's Scam Brokers list. Please be aware of the risk!
  • The platform is a Ponzi Scheme, which refers to the use of "principle of value multiplication". In the form of rolling or static fund circulation, it uses the money of next member to pay to the present one, which is essentially a pyramid scheme with the distinction of hidden, deceptive and socially harmful. By calling common person's desire for money, fraudsters in the platform begin raising funds underground. Since this kind of platform mostly will abscond after 1 or 2 years, the fund-raising mode just can exist less than 3 years.

WikiFX Verification

Capital Crypto Reserve · Company summary
Basic Information
Registered Countries N/A
Regulation No License
Company Name N/A
Minimum Deposit $250
Maximum Leverage 1:500
Minimum Spread From 0.0 pips
Trading Platform MT4
Trading Assets Forex, Stocks, Commodities, Indices, Cryptocurrencies
Payment Methods VISA, Wire Transfer, Paysafe Card, WebMoney, Qiwi, Yandex Money, AstroPay
Customer Support Phone, Email Support

General Information

Registered in an unknown region, Capital Crypto Reserve claims itself to be an online investment platform providing access to various trading instruments, including Forex, Cryptocurrencies as well as CFD products. With the Capital Crypto Reserve, five types of trading accounts can be available, Basic, Silver, Gold, Platinum, and Diamond, with the minimum deposit from $250.

Capital Crypto Reserve is not authorized o regulated by any regulatory authority, and thats why WikiFX has given this broker a very low score of 1.13/10. Please be aware of the risk, for trading with an unregulated broker is taking a huge risk of losing your money.

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Market Instruments

Capital Crypto Reserve boasts that five classes of trading assets covering Forex, Stocks, Commodities, Indices, Cryptocurrencies can be traded through this brokerage platform.

Account Types

Basic, Silver, Gold, Platinum, and Diamond accounts are available options for both retail and professional clients. The minimum deposit amount specifies the account type, with the Basic account from $250, the Silver account from $10,000, the Gold account from $50,000 the Diamond accounts from $500,000. 6/24 customer support can be reached through Basic, Silver, Gold accounts, while Platinum and Diamond accounts provide VIP trading support.

account-types

Spreads & Commissions

Capital Crypto Reserve seems to offer a zero-commission trading environment, with spreads calculated only. However, disappointingly, this broker does not provide any detailed information on spreads.

Leverage

When it comes to leverage, Capital Crypto Reserve provides its customers with access to 1:100, which is far greater than the levels regarded appropriate by many regulators, with the maximum leverage for major currencies up to 1:30 in Europe and Australia, and 1:50 in the United States and Canada.

Since leverage can amplify both gains and losses, it can result in devastating losses for investors who lack experience. If you're just starting out in the trading world, it's best to stick with the lower size, no more than a 1:10.

Trading Platform

Capital Crypto Reserve provides the industry-leading MT4 trading platform, which can be accessed on Web and Mobile devices.

Payment Methods

Only two types of payment methods can be used on the Capital Crypto Reserve platform:

l Credit/Debit Card-VISA, MasterCard, Maestro, etc.

l Bank Wire Transfer

Bear in mind that some banks charge an additional fee when performing a wire transfer.

payment-methods

Educational Resources & Tools

Surprisingly, some educational and resources are provided by this broker, which include Video courses, eBooks, Webinars, Glossary, Financial Calculators, Financial News, Daily Analysis Video, Economic Calendar, Live Market Summary, Chat Analysis.

Customer Support

Clients who can have trading-related issues, according to Capital Crypto Reserve, can call this broker at +18553772453, or sending an email through support@capitalcryptoreserve.com.

Alternatively, you can also follow this broker on some social media platforms, such as Twitter, Facebook, and Linkedin.

Risk Warning

Trading leveraged products such as forex, cryptocurrencies and derivatives may not be suitable for all investors as they carry a high degree of risk to your capital. Please ensure that your fully understand the risks involved, taking into account your investments objectives and level of experience.

The information presented in this article is intended solely for reference purposes.

Pros & Cons

Pros Cons
Multiple trading accounts No regulation
Various payment options High minimum deposit for some trading accounts
Educational contents & Tools Poor customer support
MT4 trading platform supported No clear information about spreads
Demo accounts not available

Frequently Asked Questions

What trading instruments can I trade with on Capital Crypto Reserve

Capital Crypto Reserve offers Forex, Stocks, Commodities, Indices, Cryptocurrencies.

What is the minimum amount of currency I can deposit?

With Unicoin Markets, minimum deposit amount is USD 100 for standard accounts.

What currencies are available for use in my account?

All major currencies (USD, GBP, EUR) are supported. You selected currency cannot be changed after the account registration process has been completed.

News

ExposureStay Away from Capital Crypto Reserve!

Pay more to get your funds back?! Capital Crypto Reserve is such a scrupulous broker that everyone must avoid.

WikiFX
2023-03-20 17:53
Stay Away from Capital Crypto Reserve!

User Reviews

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User comment

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Comments

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Skeena
more than one year
Hi - I fell into the same trap and they now have a very large amount of my money (won't refund it) and I am going to do everything possible to get it back and expose them for the fraud they are - we need to go as public as possible and get the company shut down somehow. If they lose their ability to con people, they lose it all. Who did you deal with - I have names, emails, letters, etc. Lots of "proof" but not sure how best to use it.
Hi - I fell into the same trap and they now have a very large amount of my money (won't refund it) and I am going to do everything possible to get it back and expose them for the fraud they are - we need to go as public as possible and get the company shut down somehow. If they lose their ability to con people, they lose it all. Who did you deal with - I have names, emails, letters, etc. Lots of "proof" but not sure how best to use it.
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2023-03-12 09:05
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peter song
more than one year
I registered an account after seeing a news on microsoft edge, and they tricked me. After I was transfered funds, I am out of controlling my funds because they tried to stop my withdraw and finally they closed my account and I lost my funds. Who can suggest me how to claim back my funds or how to report they are scamer and criminal? Thanks for your great help! Peter
I registered an account after seeing a news on microsoft edge, and they tricked me. After I was transfered funds, I am out of controlling my funds because they tried to stop my withdraw and finally they closed my account and I lost my funds. Who can suggest me how to claim back my funds or how to report they are scamer and criminal? Thanks for your great help! Peter
Translate to English
2022-12-06 23:19
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