CCX Crypto (Ccxcrypto.com) is a cruel Crypto Currency scam broker itching to steal funds from unsuspecting investors. CCXCrypto is another rotten Cryptos broker purporting to promise heaven only to deliver hell. With claims of offering innovative platform and real time crypto trading signals, we had to investigate. Compelling emails sent by users who lost money moved us to conduct a thorough investigation. Read our honest and detailed CCX Crypto Review:
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CCX Crypto is calling investors to sign up and experience a new way to invest advanced returns. Apparently, this broker will help users trade on the moving price of Crypto Currencies for higher geared returns. With such claims, we had to investigate and see for ourselves whether these claims were founded. Sadly, these claims are mere sales tactics used by these scam artists to lure investors into signing up. Before signing up with a broker, make sure to do a thorough research on them.
For a broker who claims to pride themselves in maintaining the best technology, CCXCrypto is a scam. Evidence we uncovered will clearly reveal their bag of tricks and how to avoid their traps. Most investors who signed up with this broker are now ruing after facing withdrawal issues. And this is what makes CCX Crypto a certified scam platform. Completely avoid it.
Information shown on the website reveals damning details regarding ownership of this platform. These scammers try to throw investigators off by having two companies as owners of this platform. Bonatech LTD is from Marshall Islands, Mitchell Group EOOD from Bulgaria. Clearly, this broker is based offshore based on the information posted on the disclaimer on their homepage. By claiming to be based in Bulgaria, these scammers want to make it appear platform is EU regulated.
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Sadly, all regulatory bodies in the EU region have no broker with CCXCrypto name. Owners of this broker have decided to remain anonymous for one reason, fear of backlash form victims and authorities. Why have they failed to mention even a single name of anyone who is behind this platform? Lack of clear details regarding ownership is reason enough to doubt their credibility. Such brokers are a fraud and in most cases, end up scamming people by shutting down unceremoniously.
A look at the UK’s regulatory body clearly reveals CCX Crypto is not licensed or registered. Whoever signs up with this broker should be aware they are partnering with an unauthorized broker. Being registered in Marshall Islands means this is an offshore broker. In most cases, they tend to break regulations and rules set by the industry. Signing up with them is a dangerous move.
Where is their registration number to show validity or licensing? Lack of these vital documents is proof we are dealing with a rogue broker. Ensure you always check whether broker is registered with concerned authorities. Sign up with brokers who have been regulated by FCA or CySEC.
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CCX Crypto is offering users three different account types to choose from. These accounts include Basic, Pro and VIP accounts. A disturbing feature with this broker is issuing of welcome bonus. Welcome bonus starts at 10%, 20% and 50% respectively. A broker who issues a welcome bonus will most likely in the future have hidden charges. CCX Crypto is no different as they have slapped users with an insane withdrawal fee.
Used by scammers as another bag of tricks, bonuses should be ignored. These accounts have the same characteristics and perks. Spreads are fixed and have a minimum order size of 0.01. Hedging is allowed with these accounts and come with a fifth decimal. Problem with these accounts is they are similar and lack minimum deposit price. Investors deposit different prices as opposed to a fixed price.
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CCX Crypto is using ACTIV8 platform as their preferred trading platform. In order to test how well this trading platform works, we decided to download it on our devices. Sadly, this platform could not download on desktop and tablet. This means traders are using an unstable platform which is dangerous for traders. Investors are never safe with an unstable platform.
Hackers will take over this ACTIV8 platform and steal personal data such as credit card information. These hackers will use your credit cards to purchase goods and services online. Ensure you always check whether platform used is safe and stable to use.
Funds are never safe with a broker who is based offshore and has no licensing documents. How does this broker expect users to deposit money with an unknown entity? Have you noticed this homepage lacks documentation page? Where does this broker bank money deposited by users? This means we are dealing with a rogue broker who will steal funds and walk away. Possibly, users are depositing money straight to owner’s personal bank account.
Segregation of accounts is not followed by the broker in question. Why would anyone sign up with a broker who keeps money deposited in one account? Yes, CCX Crypto is pooling funds in one account which is extremely dangerous. Users should not expect any compensation from this broker. CCXCrypto does not offer any compensatory scheme.
A broker who claims to offer innovative and real time Crypto trading signals lacks a live chat support team? This is unusual as it proves we are dealing with a broker who wants to remain anonymous. Anonymity is a dangerous character to associate with which makes CCXCRYPTO a dangerous platform. Live chat support ensures traders get one on one conversation with agents and brokers. Seems CCX Crypto is avoiding chatting with users for one reason or the other.
Without a shadow of doubt, CCX Crypto is a scam and should be exposed by all relevant parties. This broker has refused to allow withdraw making CCXCRYPTO another brutal scam broker. Make sure to warn family and friends in regards to signing up with this broker. Mark all their emails as Spam and never click on any links sent by this broker. Hackers are using these links to steal data from computers.
Blacklisting this broker will hopefully prompt relevant authorities to investigate and shut it down. No one should face withdrawal problem with any broker. Stay away from this broker and sign up with approved brokers at all times.
Having experts who will guarantee your safety and making your trading experience worthwhile is enough. Start making the right move and trade with professionals who offer trusted and secure services. Make the right decision and sign up with industry recommended Forex brokers at all times.
Finally, we wish you all the best in your Forex trading experience.
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