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CryptoGM Review: CryptoGM.com Legit or Scam?

CryptoGM Review: CryptoGM.com Legit or Scam?

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CryptoGM claims to offer exclusive trading opportunity to their crypto investors. The platform looks reliable but some clients have reported challenges they have experienced. They offer clients great opportunity and their asset class looks convincing.

There have been cases of clients being scammed but the platform claims that those negative review are coming from their ill competitor. We would recommend to be careful with this site as it might be another Ponzi scheme.

There are no customers testimonials on their platform.  Approach the site with maximum caution. We will discuss the platform features on in this review and show you why we don’t trust the brokerage.

The platform claims to consist of experienced experts in the digital currency niche. CryptoGM believes that cryptocurrencies are growing daily and investing in digital currency will lead to huge profitable returns. The cryptos investment will outdo the traditional financial market or any other fiat currency engagement.

The platform claims that no prior experience is needed to engage in asset trading. The investment company promise to offer their clients help in exploring the fascinating cryptocurrency trading world.

Investors are encouraged to deposit as much funds as they want and rip off profits from the volatility market of cryptos. By joining CryptoGM you will be connecting with the world crypto community and utilize the benefits at hand.

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CryptoGM Review

Investors can view the real time price of cryptocurrency. They claim to have average pricing by comparing with other exchanges so as to ensure they have accurate and just prices.

CryptoGM has a side menu that enable their clients to swiftly navigate to clients orders. It helps to deposit money in their platform quickly and close trades. The suspicious company alleged to be scam has not mentioned the time it takes to withdraw funds.

The company has real time charts showing the current price of cryptos. It helps traders with to utilize and analyze numerous trading indicators and select a timeframe of their choice.

CryptoGM Scam Review, CryptoGM Website

The investment company brag on the company team experience that will come to the aid of investors. Direct and guide clients on how to trade with digital currencies, the gadget that they need and how to attain optimized profits.

CryptoGM claims to provide appropriate means for those who invest with them to link with the many opportunities developing daily from one to the other.

CryptoGM has assured their investors that they are in full control of their funds. You can maintain control as you please.

CryptoGM assure its clients that they can count on them in every step of their investment. Especially when the volatility of the market equates to the trading opportunities.

The platform offers vast currencies, over 100 which their investors can utilize and acquire unlimited access of the market.

Regulation and Customer Support

CryptoGM does not have documents to show they are a regulated platform. We always advise you approach investment companies without license carefully.

Not all unregulated investment companies are scam. But most of them have scammed newbies pretending to give them huge returns.

Be wise and stick with licensed companies. CryptoGM is run by MajorBizDev and Major Technologies limited who are listed in Ireland.

The customer support can be reached via telephone and email. The company email address is [email protected] and mobile number is +353768887776. CryptoGM office address is 3 Cavendish, Dublin Ireland.

The support claims to be active and can be contacted by anyone for further inquiry. However, there have been information that the platform will only contact investors when they want them to deposit more funds.

After doing so they cut communication. Use legit cryptocurrency platform to perform your trading to avoid losing your money

CryptoGM Leverage and Charting Solution

Traders execute trading operations manually in CryptoGM. The platform is not suitable for traders that are used to Expert Advisors, this can be a deal breaker. It is not clear if the investment company offers social trading.

CryptoGM is a web based platform they have not incorporated 5 platforms and MT4.  It connects to any gadget with an active internet.

The leverage in crypto trading is normally low, the minimal the leverage it means the platform is ideal for the newbies.

Leverage has the ability to increase investors returns and if it breakdowns the other way it will affect your whole account. It is not advisable to trade if you can’t take the risks involved.

Deposit and Withdrawals

CryptoGM has not specified the minimal deposit and withdrawals that investors can put in their website. The platform accept payment via debit or credit card and wire transfer.

The investment company does not accept payment using PayPal or Skrill. Many people use this method to deposit funds in other platforms.

The platform has not disclosed critical information to the public. No one knows the duration it take to process withdrawals. You are basically in the darkness and you can wait forever without getting any feedback.

Wired transfers can take up to 14 days to be proceed this is a lot of time and can lead to inconvenience. Invest in a company that you can withdraw funds swiftly.

CryptoGM Customer Experience

The platform has been accused of scamming investors. They assured them that the negative comments were coming from their competitor.

One client accused them of scamming him 250 pounds after convincing him to deposit more funds into the platform.

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The client made some profit and after sometime he started making loss. The platform has also asked clients to refer them to other potential investors.

There are similar complains of one Mr. David that convince clients to deposit more funds to make a great fortune but later they are unable to withdraw funds.

Investors have claimed they are unable to contact support and the positive review about the platform are fake. They will make you deposit more money and then stop communicating.

CryptoGM Trading and Crypto Class

CryptoGM has many asset class offered to their clients. All cryptos are traded against BTC and the list contain all the main markets from forex to US500 to Gold.

The platform claims to offer everyone in their platform a piece of their cake. It gives all type of traders something to invest in.

CryptoGM Review, CryptoGM Cryptocurrencies

Another thing that the platform has not disclosed is the precise margin amount needed for trading position. Margin requirements keeps changing and it is important to take risks precautions.

Scam or Legit?

The platform has an average trust score. It probably might not  be a scam but legit platform but time will tell.  We cannot guarantee if it’s a legit or scam platform. Some platform seems legit but turns to be Ponzi Scheme.

They have a SSL certificate which might make the platform look legit. Legit platform uses an SSL documentation to encode communication of their platform and computer. But there are Ponzi schemes using SSL certified as well.

Considering there are different stages of certification and Ponzi schemes also set up the free SSL document.

The setup of this platform involves two nations and it might be hard trying to get the information.

The big company and sites often use spread out internet infrastructure located in several countries. CryptoGM server may be spread out to increase the speed of the platform.

However, this is uncommon for small investment companies as they purchase services from same company. CryptoGM investment platform is using a software to hide their owner identity.

There is no feedback of CryptoGM in WebOfTrust (WOT). A platform whose owners remain anonymous should be approached with caution.

Final Verdict

The platform has contradicting information. Some claim it is a legit site but other have claimed to have been scammed by them.

The platform should be approached with caution as they don’t have documents indicating they are regulated. The owner is also unknown.

The platform domain name is cryptogm.com. It was registered in 2017 in October. CryptoGM has an Alexa Global rank of about 2.5 Million.

We cannot verify if this platform is legit. always be cautious when investing to avoid being scammed.

You can check our recommend investment cryptocurrency platform that will not steal your funds.

 

 

 

 

 

 

 

 

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12 Replies to “CryptoGM Review: CryptoGM.com Legit or Scam?”

    1. Me too Franke….I actually believed in them. More f*** me. Everybody stay well clear of CryptoGm, if they ever resurface.

  1. they have disappeared as I was trying to access the website. Emailed them and it bounced back.
    I have to say that Im a victim to fraud as I know they are deceiving

    1. stay well clear of cryptogm i too have been scam by these traders not been able to login to the platform since the start of may they are very deceiving be warned

  2. Concur with the 2 comments. Fortunately I just have them a “punt” with small amount – it was not performing and then 2 weeks after start they have disappeared without trace.
    Definitely a scam!

  3. I rang their office. A girl told me they were upgrading their website and that most of the staff were out of the office today being tested for coronavirus. How topical! But yeah…..scammed!

  4. Me to, call there office at 9.30am today, was told that Mr David would call me back but no call. She said that they broken down and hope to be running in a couple of days or running with our money.
    Let’s see what comes

    1. Heads up folks!
      I saw a review on Trustpilot.com where Crypto have resurfaced as “iCryptoGM.com”. Apparently their email addresses now have “i” at the start. Worth a try!!

    1. Heads up folks!
      I saw a review on Trustpilot.com where Crypto have resurfaced as “iCryptoGM.com”. Apparently their email addresses now have “i” at the start. Worth a try!!

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