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Crypto Zone 24 (Cryptozone24.com) is another crude Cryptocurrency scam trading platform stealing from unsuspecting investors. CryptoZone 24 is claiming to help users trade like pros with their amazing platform. CryptoZone24 is full of lies as members are angry with the results of signing up with this platform. Members who signed up are ruing signing up after withdrawals were cancelled. Read this genuine CRYPTO ZONE 24 Review for more detailed information.
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The reason we conduct reviews is to give traders a chance to stay away from crude online trading platforms. Crypto Zone 24 is another brute online trading platform taking advantage of unsuspecting investors. For those who wanted to open an account, we suggest you read this entire review and get the truth. The use of over the moon claims and promises is enticing users to sign up. Scam artists take advantage of the need to make money by professing to help traders make quick profits.
Professional scam artists will clone a website and entice users to sign up. Crypto Zone 24 is doing the exact same thing. You need to conduct a thorough research first before committing to any online trading platform. Thanks to our years of trading experience, we know how to spot a scam from a mile away. CryptoZone24 is another bane platform which promises heaven and delivers hell. Make sure to stay away and ignore all their promotional materials. These are scam platforms with no real trading services.
Crypto Ltd is the company described in the disclaimer at the bottom as the owner of this platform. The disclaimer goes ahead and states that Crypto Ltd is based in London. Scam artists will do or say anything to make sure their platform appears legit. By claiming to be based in London, they target European investors. These scam artists are using a fake company name to lure investors.
Another disturbing issue we found with Crypto Zone 24 is in regards to anonymity. Anonymity is a dangerous partner especially in any online investment platform. The entire website does not give visitors details about the owners of this platform. Who are the founding members of Crypto Zone24? Why have they failed to give us names of the people running the platform’s day to day activities? These are signs we are dealing with a rogue platform with no intention of providing trading services.
After looking at the official regulator in the UK, we can safely say Crypto Zone 24 IS NOT LICENSED. A look at the Financial Conduct Authority shows the platform is not regulated. Any trader who uses this platform should be wary of the results. Make sure you stay away as there is no record of the mother company ever being registered. Crypto Zone 24 is missing from the official register which means they are not regulated. Dealing with such a platform means funds are never safe.
Why has the platform failed to post any copies of their licensing credentials? According to the disclaimer at the footer of their homepage, the platform claims to be licensed. They have even posted 757895 as their official registration details. Scam artists will do or say anything to make their platforms appear legit. Why have they failed to show users any valid credentials to back their claims? These are scam artists who plan to swindle clients who deposit funds with them. You better stay away.
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We searched for any advantage of trading with this platform but could not come up with any. Crypto Zone24 is an anonymous and unlicensed platform which makes it highly risky. Chances of depositing funds and never seeing the fruits are high. Scam artists will try as much as possible to claim legitimacy and even post fake details. And Crypto Zone 24 is a good example of a cloned trading website.
Crypto Zone 24 is furnishing users with four account types to choose from. These accounts are listed as Micro, Standard, Premium, and VIP. From what we saw, the platform is asking for a high minimum deposit fee. Micro account which is the most basic account goes for $500. The industry has set $250 as the minimum deposit requirement. Another problem with these accounts is the similarity in features. Why would anyone deposit $50,000 and get same features as one who deposits $5,000?
Another disturbing feature with Crypto Zone 24 is in relation to customer support. You will never get any response from their support staff. Once you send an email, the email can go for weeks with no response in sight. The customer support staff only responds quickly to deposit queries. No live chat support is another feature which must be available in today’s trading platforms. The phone number listed does not go through which probably means it’s a fake.
The demo account provided is rigged to produce high trading results. After testing their demo account, we noticed the platform is producing over 98% winning trades. You might think that this is a good thing but it’s not. These scam artists want users to believe the platform can achieve this fete. A real account requires you deposit real funds as opposed to a demo account which uses virtual funds.
Crypto Zone 24 is using MT4 trading platform as their preferred tool of trade. We have no issues with the platform except for major security issues. The entire website has no security software to protect users from third party attacks. Lack of DDoS and SSL encryption is proof we are dealing with a hoax. Stay away from this platform and risk losing your entire deposit and much more.
When it comes to safety of funds, CryptoZone24 is never guaranteeing it. Users from all over the world are crying over the fact that they could not withdraw funds. Crypto Zone24 is more than likely pooling funds in one account. What this means is that members are depositing funds straight to owner’s bank account. And this is a fraudulent activity.
With all the facts out there, Crypto Zone 24 is a scam waiting to steal from anyone who signs up. From complaints of withdrawals to lacking official registration details, you better stay away. Whoever signs up should expect nothing less than a scam show. Ensure you stay away and warn your family and friends from signing up. Dealing with this platform will only make you lose funds and give hackers access to your bank details.
We will be adding this platform to our scam blacklist and ensure no one else falls for this trap.
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Wishing all traders the very best and a safe trading experience.
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