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CryptoGT Review: Cryptogt.com a Trustworthy Broker or a Scam?

CryptoGT Review: Cryptogt.com a Trustworthy Broker or a Scam?

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CryptoGT claims that it is a leading crypto trading broker. Multiple loopholes surround this entity. They make a bold statement that no other digital currency trading company can offer similar opportunities as they do.

Online investment is one of the popular methods which investors have embraced. Some traders have made a fortune through this venture. However, several fraudulent platforms are on the rise.

They target naïve investors who have little to no knowledge of how the industry operates. It is essential that you research an entity before depositing all your hard-earned money. Avoid diving into every opportunity that is thrown your way.

CryptoGT does not have credibility. The broke has a low trust score, and we do not encourage traders to give them a chance. The company allegedly trades over 50 cryptos in the market. Additionally, investors can also trade metals, indices, forex, and indices.

The broker needs to work on its transparency. They have multiple red flags, and the possibility of trading taking place is minimal. Stick to regulated cryptocurrency trading companies that will grant you genuine returns.

Cryptogt.com Review

The company states that investors can trade various assets under one platform. The entity is acting like a diverse venture. They also boast of having the best instruments in the market. The firm allegedly has a unique trading index.

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Investors can use their preferred trading EA. The shady venture does not restrict their clients. They also have customized trading conditions for unique investors. We do not know the requirements that you have to meet.

CryptoGT Review, CryptoGT Company

CryptoGT claims that it utilizes over ten liquidity providers. Therefore, their clients enjoy fast trade execution, high liquidity, and offer competitive prices. The entity accepts as low as $1. Investing with them is a risky procedure.

Nonetheless, this venture ironically states that the security of their clients is their main priority. They do not have a license from financial watchdogs. However, they are accepting clients from all over the world.

The founder’s information or the corporate that is responsible for their activity is not available. CryptoGT is operating in full anonymity. It is a major red flag because they are hiding from the authority. You cannot make returns with a shady broker like this one.

The Domain Insight

Cryptogt.com has been in the market since November 2017. The information of the registrant is private. Hence, you cannot determine the owner. Nonetheless, we found that the corporate behind CryptoGT is Hatio Ltd; there is no existing data regarding it.

The platform has a very high global traffic of 334,653 coming on their website. Their geographical audience is currently unknown. The loopholes of this anonymous firm are worrisome.

CryptoGT Trading Conditions

CryptoGT offers leverage of 1:500 to their clients. The entity is trading some of the popular digital assets in the industry. They also guarantee the lowest spread of 1.4 pips. Additionally, the venture has its unique synthetic pairs.

Their offers are mind-blowing. Sadly, you will only suffer losses if you choose to give them a chance. The broker states it has multiple trading accounts. Unfortunately, they only have one, which limits traders from choosing what suits them.

These include; BTCSPX, BTCXAU, BTCWR, BTCAG, BTCFCB, and BTCUSO. The company promises investors they will enjoy a low margin. The crypto broker claims that it is the first entity that is offering an MT5 trading platform.

Please think twice before falling for their fake promises. The entity has ridiculous leverage, and we do not know how they manage trading risks.  CryptoGT is not a trustworthy crypto broker. Please stay away from this venture.

Do not be mesmerized by their insane figures. There is much than what meets the eye. The investment venture does not segregate funds. Additionally, their trading conditions are far beyond what the financial regulatory bodies regulate.

Deposit and Withdrawals

CryptoGT accepts deposits via digital currency. They guarantee a fast withdrawal process to their customers. Additionally, investors can trade without restriction around the clock. They also have multiple trading accounts for their clients.

The entity does not have any hidden fees. Withdrawal and deposits are allegedly free of charge. Moreover, you can trade with whichever amount you have. Depositing funds via cryptos limits you from issuing a chargeback.

The money will go directly into the scammers’ wallet. Considering this is an anonymous broker trusting them will amount to nothing. CryptoGT Company is in desperate need of funds. The suspicious broker has trading bonuses for their customers.

Make sure that you read the terms and conditions. The requirements will leave your mouth wide open. Additionally, dormant accounts have to pay $10 for 90 days of inactivity. Nonetheless, the venture also claims in a different clause that it has the right to close an inactive account after 30 days without notifying the investor.

CryptoGT is a scam that can conduct an inspection and stop any activity in their clients’ accounts. The platform states that they will not take any responsibility for any losses that customers might face during the inspection.

The crypto trader will delay your money, and there is nothing you can do about it. This Ponzi scheme is only after traders’ funds. Their terms and conditions expose them as an unreliable venture.

Contact Details and Customer Support

CryptoGT office address is at Trust Company Complex Ajeltake Road, Ajeltake Island MH96960 Majuro, Marshall Islands. Investors can contact the entity via their social media pages or on email.

The crypto broker does not have a telephone number. It raises the alarm because the method of communication which they have listed is not convenient. The firm claims that its support is dedicated and responds to its clients’ queries promptly.

Unfortunately, we cannot verify these claims. They do not have existing feedback from traders. Hence, it is hard to tell if they have a professional customer support team. Nonetheless, given the nature of scammers do not have high hopes for this entity. Look for a better alternative.

Regulation Status of CryptoGT

The company is an offshore firm; therefore, they lack credibility. The investment broker is trading on their own accord. They do not follow any jurisdiction, and investors risk losing their funds to scammers.

The legitimacy of CryptoGT is in question. The entity features a registration document from Marshall Island. However, this does not mean the platform is a legal venture. This area’s government has issued a statement that they do not regulate forex trading or any other online investment activity.

Therefore, it is straightforward for scammers to fake their regulation status. Stay on the lookout for this fraudster and any other scam in the industry. Traders’ funds are not safe in this entity. Additionally, the company can exit the market whenever they please.

Final Verdict

CryptoGT is a straightforward scam that will leave traders high and dry. Stay away from their lucrative offers. The company will drag you into their financial fantasy only to exit the market when you least expect it.

Invest with legit cryptocurrency trading companies that are reliable and genuine. These companies are transparent. Their trading conditions are also realistic. Do not risk your safety by engaging with shady platforms like CryptoGT.

They are located in an area that is infamous for accommodating scam entities. If you are not careful you will end up sharing your data with scammers. They will  th information against you.

 

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