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CryptoRocket Review: Cryptorocket.com Forex Scam

CryptoRocket Review: Cryptorocket.com Forex Scam

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CryptoRocket (Cryptorocket.com) is a CFDs, Crypto Currency and Forex scam to hit the lucrative Forex world. Crypto Rocket is claiming to offer users a private trading experience that is unparalleled. CRYPTOROCKET is offering users an anonymous way of trading which is a bad idea. Complaints have been sent to us by investors who lost money with this platform. Read this detailed review and never deposit money with CryptoRocket brokerage firm.

CryptoRocket Review

CryptoRocket Review:

A broker who urges you to join an anonymous trading platform is up to no good. Trading anonymously especially in Forex and Crypto Currency is a huge risk. What these scammers have done is create a website that looks real. With promises of trading over 30 Cryptos, 104 stocks, and 55 currencies, this is a scam. Proof of why CryptoRocket is a scam is in the below detailed review. Make sure to read the whole review to find out more.

Claims and promises are another bag of tricks that these scammers have used to trick investors. Claims of having access to deep liquidity and unparalleled tight spreads are just but lame claims. This broker has no credibility and experts have warned users from signing up with Crypto Rocket. To understand how this broker has scammed users, Ivy is a good example. She deposited $5,000 and has never heard from this broker ever since.

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Who Owns CryptoRocket?

When it comes to the ownership of this platform, this is where we start spotting loopholes. According to the disclaimer at the footer of the homepage, this firm is owned by CryptoRocket Limited. This brokerage firm is owned and registered in St. Vincent and the Grenadines. What this means is that CryptoRocket is an offshore brokerage firm. And this is a huge problem for us. Offshore brokers can never be trusted with funds from traders.

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Have you noticed that the entire website fails to mention any real names of owners? How comes that they fail to give the names of the founding members of this brokerage firm? Anonymity is a dangerous character to associate with especially in any online trading investment. What these scammers are after is money from investors who make the mistake of depositing. Make sure you don’t become their next victim and stay away from anonymous brokers.

Is CryptoRocket Licensed or Regulated?

CryptoRocket Scam

According to our investigation and their homepage, CryptoRocket is not licensed by any institution. What this means is that Crypto Rocket is operating without any authorization from relevant authorities. Anyone who signs up with this broker is at risk of losing their entire funds. Disclaimer at the bottom of the homepage does not clearly indicate the licensing number as one would expect. There’s nowhere where licensing number is indicated on their homepage.

If this broker was indeed registered, where are their registration documents to prove it? A real broker will easily post their registration certificates and documents for everyone to see. What this broker has done is leave out this vital step. It means that this broker has no certificates or documents to prove regulatory status. Anyone who signs up with this broker must be warned they are dealing with a rogue offshore broker.

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Platform Used.

It seems fair to test their trading platform since they claim to have unparalleled services. In order to test their platform, we had to download it to our devices. And this is where we noticed another red flag with Crypto Rocket. Claim that this broker uses a top notch MT4 trading platform are pure lies. Once we started downloading this platform, download stalled at 54% which spells doom for users. This is an unstable platform.

Unstable platforms are a huge risk for any trader since they open users to cyber-attacks. Hackers find unstable platforms as easy prey for personal data information. First thing hackers do is take over the platform and steal credit card information. Immediately these hackers have your credit card information, their next step is to swipe your account clean. Make sure to stay away from this broker and don’t give their call support any credit card information.

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Deposit and Withdrawal.

When it comes to depositing money with Crypto Rocket, it’s as easy as they come. According to their deposit page, depositing money takes less than an hour. This is not a reason to sign up and deposit money with them. There’s a reason why depositing money with CryptoRocket is easy and fast. Deposit must be in Bitcoin and payment system has to be the same as withdrawing money. Why all these hurdles to begin with?

What we realized with this broker is that there’s a huge problem with withdrawing money. No one is allowed to withdraw money using any payment system, despite their claim. Complaints sent by users all had the same problem, no withdrawals allowed. It seems that this broker wants to keep your funds for good. Guess who does this and runs away with it? Scammers have made this a habit of refusing to allow withdrawal. And know you know.

Are Funds Safe with CryptoRocket?

CryptoRocket Fake Review

What we have discovered with this anonymous platform is that funds are never safe. How can funds be safe with an anonymous entity? Did you know that security of funds is not guaranteed by an unlicensed broker? This broker has broken all the regulations and rules set by the industry. No one knows where this broker banks currencies deposited by users. It’s possible that users are depositing currencies straight to the owner’s personal E-wallet account.

And another scary factor with CryptoRocket is the fact that accounts are not segregated. It means that this broker is pooling funds in one account. This is dangerous in that in case of bankruptcy or insolvency, this broker will lose all your funds. And don’t expect to be compensated by Crypto Rocket. This broker does not participate in any compensatory scheme. Stay away from this broker for your own good.

No Live Chat Support.

Another disturbing feature we noticed with this broker is that there’s no live chat support. Note that this site has a chat dashboard at the bottom right hand side. Clicking on this dashboard, users are prompted to leave their email and an agent will contact them soon. It’s clear that this broker is harvesting data by collecting emails. Users might never here from this agent if they deposit funds with CRYPTO ROCKET.

Reason why this broker does not have a live chat support team is simple. They want their platform to remain anonymous simply because they are afraid of the backlash. These scammers don’t want to be contacted by authorities and victims alike. That’s why they have chosen to remain hidden behind this website.

Is CryptoRocket a Scam?

There’s no doubt in our minds that CryptoRocket is a filthy crypto currency scam. Make sure to ignore any attempts or calls to sign up with them. Mark all their emails as Spam and never click on any links sent by them. Also, warn your friends and relatives from signing up with this brokerage firm. That’s how you stay protected by steering clear of this brokerage firm. Now you know better than to sign up with CRYPTOROCKET.

CryptoRocket Final Verdict.

CryptoRocket Scam Review

It’s our duty to expose all Crypto and Forex scams in order to keep the good Forex trading name. Next step is to add Crypto Rocket to our scam blacklist and hope authorities will look into it. Shutting their whole operation and site will surely put an end to their ill intentions. Stay clear of this ruthless Crypto Currency broker.

Always partner with Approved and Credible Forex brokers at all times. Are you a newbie Forex trader? Partner with the best and most experienced Forex brokers the market has to offer. Professional Forex brokers will always ensure your safety when trading. Make the right decision today; start trading with Accountable Forex brokers.

Lastly, we wish you all the best in your Forex trading experience.

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