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AssetCrypto Review: AssetCrypto is an Illegal Scam

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AssetCrypto Review: AssetCrypto is an Illegal Scam

AssetCrypto is a company that is trading both a digital currency and Forex. The entity made its first light on the internet in June 2016. The platform is an offshore venture that has multiple loopholes. We do not recommend investors to trade with them.

Despite the platform being in the industry for a couple of years, they do not offer fund safety. The venture is trading against the law. Additionally, the firm is not transparent. The company is accepting all forms of investors.

AssetCrypto claims it has cutting edge trading tools. Additionally, they are offering educational services to their clients. However, we do not know the quality of knowledge which the firm provides.

The company states it has dedicated support for their customers. The venture is a multi-national investment entity that does not have an MT4 platform. Ironically, the firm markets itself as the best, yet they lack what it takes.

Invest with legit digital currency trading companies that do not use false information to win your trust. Venturing with a firm with a license brings assurance. You will have peace knowing the platform will be in the industry for an extended period.

AssetCrypto.io Review

AssetCrypto has a low traffic score, and they are untrustworthy. The minimum amount that you can deposit at this firm is $250. They are trading several assets; cryptos, stocks, forex, indices, and commodities.

The entity views itself as an innovative venture that cares about their clients. The information which they present is to win investors over. Unregulated companies use ambiguous words. Moreover, their sales pitch is top-notch and can easily trap innocent trades.

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AssetCrypto is an anonymous broker that does not have a trading history. The company only wants to gain access to investors’ funds. The platform is infamous in the industry for disappointing traders.

They do not have any positive features that they avail to their clients. The entity is using false information, which is a huge drawdown. Additionally, they do not have any trading activities taking place. Expert traders will never waste their time on a platform like AssetCrypto.

There are better alternatives in the market which you can use to gain passive income. Unfortunately, this platform is not one of those firms. There is a high possibility of this scam using clients’ information against them.

Trading Conditions

AssetCrypto avails a web-based trading platform. The platform none lucrative spread of 2.5 pips to their clients. There are better companies that offer tight spread to traders. Moreover, the entity is trading forex, yet the leverage which they offer is not disclosed.

The trading platform which the entity provides does not have top-notch instruments or tools. Scammers commonly use it. Legit investment brokers have an MT5/MT4, which assists investors in trading with ease.

Withdrawal and Deposits

AssetCrypto accepts funds via multiple methods. These include QIWI, Debit and credit cards, Perfect Money, wire transfers, Hlp2pay, AstroPay, and Boleto. The company has four investment accounts.

The other accounts are pretty expensive. It is hard to verify if all the methods which the broker mentions are operational. Considering that clients report having lost funds, it is clear you cannot issue a chargeback.

The investment platform is shady does not process the withdrawal. They state that the cash-out process takes 5 days. However, this is not true. Additionally, the suspicious broker charges a 10% fee to accounts that are inactive for 6 months.

Moreover, the scam is also offering bonuses. They are using rewards to attract their victims; there are strange requirements which you must meet before cashing out your earning. You won’t find a legit company providing such opportunities.

Customer Support

The support of AssetCrypto is available 24/5. The platform does not provide contact details on its website. The platform only claims it is located in Luxembourg. It will be hard to pin them down once they exit the market.

How can anyone trust a venture that does not have an office address? The company is anonymous and does not care about its customers. The phone number they feature will only go through when they need more funds from you.

The support of AssetCrypto is terrible. They never respond to the challenges that are facing their clients. The broker is stealing funds from traders, which is unethical. You will get awful treatment from this scam.

Regulation

AssetCrypto is allegedly based in Europe, Luxembourg. The platform appears to be a legit entity until you search them at the country’s regulatory body. The platform is neither registered nor regulated. They are operating illegally, and this is an outlaw firm.

Moreover, the corporate which is behind the venture is known as Tradinmarkets. It is allegedly located in the United Kingdom. We searched in the Financial Conduct Authority to see if they are licensed. Sadly, the entity is also not regulated.

The information which we were able to gather proves that AssetCrypto is not a legit company. They are accepting funds from all over the world illegally. The company does not offer fund safety to investors.

They do not have a compensation scheme. Funds are also not segregated; therefore, chances of losing funds are very high. You should be cautious when dealing with such entities. Invest wisely.

Clients Feedback

AssetCrypto is a company that convinces investors to deposit funds with them. The platform keeps asking for more funds. The firm makes promises which they later never fulfill. The scam refuses to process the withdrawal for their customers.

Investors state that the broker asks for money to process their withdrawal requests. The venture does not care about traders. Their excuses are enough to prove that the firm is not trustworthy. Moreover, they have not responded to the negative reviews coming from their customers.

AssetCrypto should not be your choice of company. They will steal your money and act as nothing happened. Their venture does not have adequate information. Clients are disappointed with this unethical platform.

Safety of Funds at AssetCrypto

The investment broker has proven to be unsafe. The entity is not trustworthy, and investors’ money is at high risk. Traders are complaining about having trusted the wrong company. You should never engage with an unregulated broker in the industry.

They will walk out on you, and there is nothing much you can do. Various governments have put up strict measures to protect their clients against losing funds. Therefore, avoid running to every lucrative offer thrown at you.

Scammers are tactical, and they target desperate investors in the industry. Ensure you research before engaging with a broker. Some of these ventures are not involved in any investment services. They only have an enticing sales pitch.

Final Verdict

AssetCrypto is a scam that does not hide their shadiness. The entity claims that it does not have hidden charges, yet they keep asking clients for more money. The broker has already scammed several investors, which is clear evidence they have no intention of making anyone rich.

Additionally, the company does not feature adequate information on their website. Their support is unethical, and there is no evidence of trading taking place. Investors should avoid this infamous firm at all costs.

Invest with legit crypto trading companies that are legit. The trading bot will trade for you manually, and you have an assurance of making genuine returns. The platform is transparent and reputable in the market.

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