CryptoGoldTrust presents itself as a reputable forex broker, asserting its regulation in respected financial centers like the United Kingdom and Australia. We encourage you to meticulously CryptoGoldTrust review our comprehensive assessment of this company before making any investment decisions involving CryptoGoldTrust.
Nevertheless, upon closer scrutiny, a disconcerting reality emerges – the absence of a legitimate forex license! Given this disquieting revelation, if safeguarding your financial well-being is a top priority, it is essential to avoid this questionable broker.
Website – https://cryptogoldtrust.com/
Address – 46 Maidstone Road, Wensley, DL8 1DX
Warned By – Financial Conduct Authority (United Kingdom)
Regulation – Unregulated
Domain Age –
| Domain Name | cryptogoldtrust.com |
|---|---|
| Date Registered | November 14, 2022 |
| Domain Age | 11 months, 5 days, 19 hours, 26 seconds |
Is CryptoGoldTrust legit or a scam broker?
CryptoGoldTrust claims of multi-jurisdiction registration are, in fact, unfounded. Upon a comprehensive investigation, it has become evident that this broker lacks regulation from pertinent authorities, which includes the absence of recognition by the Financial Conduct Authority (FCA) in the United Kingdom and the Australian Securities and Investments Commission (ASIC) in Australia.
Furthermore, the situation is aggravated by the FCA expression of grave concerns about the broker’s deceptive activities. The FCA has officially cautioned against CryptoGoldTrust unauthorized status and the potential involvement in deceitful practices.
CryptoGoldtrust Review: Trading Platform
The web-based platform offered by CryptoGoldTrust seems to mirror the unreliability of the company. Hence, it is highly recommended to avoid this broker and explore more dependable alternatives.
Thankfully, numerous legit brokers offer access to the trusted MetaTrader platform and prioritize investor security through legitimate licensing and regulation.
Deposit and Withdrawal Methods
CryptoGoldTrust enforces different minimum deposit prerequisites contingent on the account category, commencing at $50 for Basic, $5,000 for Promo, $6,000 for Standard, $18,000 for Premium, and scaling up to $50,000 for Enterprise accounts.
It’s worth noting that CryptoGoldTrust exclusively accommodates payments through cryptocurrencies, with Bitcoin, Ethereum, USDT, Tron, Dogecoin, and Litecoin being the supported options.
Moreover, CryptoGoldTrust pledges swift processing of withdrawal requests, with funds directed to traders’ Bitcoin wallets. However, the particulars regarding any associated fees are not disclosed.
CryptoGoldtrust Review: Trading Conditions
CryptoGoldTrust allegedly offers a variety of trading asset categories, encompassing Forex, Commodities, Stocks, and Cryptocurrencies.
Regrettably, the company refrains from furnishing specifics concerning the spreads they extend, a pivotal factor for traders in their decision-making process.
Similarly, we could not locate any information regarding their leverage, an additional critical trading parameter that substantially impacts the risk and potential returns for traders.
CryptoGoldtrust Review: Customer Support
Unscrupulous brokers often employ tactics involving postponed or rejected withdrawal requests to retain control over clients’ assets and discourage them from exiting the platform. When payments are either unavailable or significantly delayed, customers experience growing frustration and concerns about the company’s trustworthiness.
Customer Reviews and Complaints
The abundance of adverse feedback and reports of scams from both clients and industry experts, as highlighted by the CryptoGoldtrust Review, serves as a clear indicator of a dubious brokerage. Numerous accounts of deceptive practices, unethical conduct, and financial setbacks cast serious doubts on the company’s integrity. Prior to placing their investments with any brokerage, prospective clients should engage in thorough research and carefully assess the experiences of other clients. To safeguard their financial interests, it is imperative to remain well-informed and watchful.
Conclusion
In the event that you fall victim to a CryptoGoldtrust scam, it is of utmost importance to take swift and suitable measures. Begin by meticulously recording all pertinent information, which encompasses transaction records, communications with the fraudulent party, and any corroborating evidence. Following this, initiate a complaint against the scammers by utilizing the complaint form on our website, and gain access to a free consultation from our experts to navigate the fund recovery process.
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