Cryptofxtrade Live Review: Another Funny Crypto Scam

Cryptofxtrade Live is allegedly an investment company that deals with multiple investment services under one roof. They offer crypto and Forex trading to investors. The company is another scam in the industry that you should avoid at all costs. They target investors from all over the world.

The website of the platform is built, and there is no adequate information to back their claims. Furthermore, the company has no trading history. They should feature financial reports, especially to ascertain the excellent performance that they proclaim.

The company does not partake in any financial activity. Without a doubt, the niche they claim to venture in has profits. Unfortunately, this is not a guarantee that every investor will gain profit. Online investment, like all other ventures, has both good and bad days.

Invest with trustworthy cryptocurrency platforms that will help you gain a reasonable amount of returns. Cryptofxtrade Live is a company that you should keep off.

About Cryptoforextradelive.com

The shady company lures investors into their website with sweet words of urging them to work to an intelligent future.

They invite you to join them, yet they do not care to convince clients why they are the best option. The platform expects you to believe in them blindly. Its financial narrative is ridiculous as they offer unattainable returns within a short duration.

Cryptoforextradelive.com states that they act as catalysts, and they want to revolutionize the world through the mass adoption of blockchain. Unfortunately, the business model that the platform incorporates is not transparent.

Cryptoforextradelive.com Scam Review, Cryptoforextradelive.com Website

They claim that they focus on digital currency investment. Cryptofxtrade Live offers a few digital currency trading in their website BTC, ETH, XRP, ETC. Moreover, they claim to venture in ICO, which they assure clients they will gain tremendous returns by utilizing the services within a short duration.

The information they have regarding ICO investment is very inadequate. The platform only displays the latest upcoming ICO in the industry. Keep in mind that the majority of the ICOs are scams and exits the market after collecting money form investors.

The pyramid scheme ironically states that they work tirelessly to maintain a strong relationship with their clients. Unfortunately, the company will steal all your money, leaving you high and dry.

Despite the volatility nature of the digital currency, Cryptofxtrade Live guarantees investors they won’t suffer from losses. Clients will continue receiving vast profits. It is important to note that this company does not disclose how they plan to mitigate the unavoidable risks.

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Team and Founder of Cryptofxtrade Live

The firm brags having the best group of experts handling their financial activities. Their team has experience in both crypto mining and traditional investment niche.

There is no managerial report to verify the team is indeed verified to handle your money diligently. Without this information, we can assure you that this is just a mere PR to attract you into their bogus site.

Cryptofxtrade Live attributes their success to their team, which is operating behind the shadows. Additionally, the information regarding the owner of this platform is missing from their website.

You have the right to know who is handling your money. Anonymity is not a good thing when it comes to crypto investment.

Cryptofxtrade Live Regulation and Registration

The company accepts funds from all over the world, yet they don’t have even a single regulatory document permitting them to collect money from members of the public.

Various governments in the world have come up with mitigation measures to protect their citizens from being scammed by Ponzi schemes. The cryptocurrency venture is growing at a high rate, and the fraudulent companies have grown smarter as well.

Trusting a company that is regulated by the financial watchdog creates trust, and you will have peace of mind knowing you are trusting a transparent platform.

Cryptofxtrade Live is operating against the law, and funds are not secure in their hands. They may go against the law willingly and change their term of service without the consent of the investor.

Additionally, the platform does not have an incorporation certificate. Trusting the platform with your money would be an unwise decision.

Contact and Customer Support

Cryptofxtrade Live is a platform that is operating in a murky nature. They do not disclose their office location; neither do they have an official telephone number where you can reach the support whenever a need arises.

Legit companies will display their location on their website to create transparency with their clients. It is only Ponzi schemes that will operate in discrete areas.

The only method that you can contact the support if you have a query is through their email; [email protected] The reason they don’t provide telephone support is to avoid being traced by the law.

Investment Plans and Returns

Cryptofxtrade Live is a platform that has four investment plans. They are categorized as plans A, B, C, and D. If you are a keen investor, you will realize the amount of money that they have as the initial capital is pretty high when you compare it to other platforms.

The least amount of money that they accept is $300. There is no set amount of maximum amount that you can deposit unlimited funds, but their plan D, which is Platinum, to accept funds worth $20,000.

Cryptofxtrade Live Review, Cryptofxtrade Live Platform

They promise users rewards ranging from 30% up to 85%. However, the platform does not specify the timeline; it will take their clients to attain the alleged returns.

The company allegedly uses its smart trading algorithms, which analyze multiple digital currency markets 24/7 across the world.

Cryptoforextradelive.com then shares the profits they generate with their esteemed customers. It seems easy, but there is no evidence of the company having any trading software or them attaining their apparent performance.

Cryptofxtrade Live Deposit and Withdrawal

The company does not disclose the least amount of funds that you can withdraw from their system. Cryptoforextradelive.com clients can deposit funds via Bitcoin, Cardano, Ripple, Ethereum, or Litecoin.

With critical information like this missing from their website, you will find that they will impulse hidden charges to their clients without their knowledge. Investors funds are not safe in this firm.

Furthermore, their FAQ section entails bogus data that is not very helpful. The developer of this website hastily did the work and missed the vital information.

The Domain Insight

The official domain name of this platform is Cryptoforextradelive.com. It was registered in July 2019 and will expire in the same month the year 2020.

The company has been around for some time now; however, they have a terrible trust score. The website is untrusted, and with the numerous red flags we have disclosed, keep off this company.

Cryptofxtrade Live Final Verdict

The notorious scam assures investors they won’t suffer from losses, and they will only gain. They falsely claim that they have partnered with the most promising companies in the market. Sadly, there is no available evidence to back up their allegations.

The company cannot be trusted with necessary information; they are trying so hard to convince investors to deposit funds with them. Invest with legit cryptocurrency trading bots that will help you attain your financial goals.

We can guarantee you that the only thing you will get from this platform is losses. Furthermore, you will be risking the safety of your shared information.

 

 

 

3 Replies to “Cryptofxtrade Live Review: Another Funny Crypto Scam”

  1. Jane Winters

    Heartless people. I was scammed by 247Tradefx. They are scammers of note. I lost R42000 through their scam. They kept on requesting me to deposit money through Luno to their trading platform for me to get my profit $9941. The last straw was when they sent me Barclays form to fill with stamp charges of $250. The form looked suspicious and I contacted Barclays and they said it was a bogus form and they wouldn’t charge me that much to move money from trading platform to my account. Please good people stay away from 247Tradefx. They are scammers.

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