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SafeCryptoWorld Review: Safecryptoworld.com a Devious Company

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SafeCryptoWorld Review: Safecryptoworld.com a Devious Company

SafeCryptoWorld is another investment platform that offers a wide range of assets. The entity is using a web trader platform. Customers are provided with market news and the latest data to keep them informed. The venture claims it puts the needs of its customers first. The years of experience make them stand out from the competitors.

SafeCryptoWorld Review, SafeCryptoWorld Company

With the way the broker introduces itself, one might think this is the best venture. The entity allegedly has advanced trading tools, technical indicators, effective trading strategies, and adequate financial market knowledge.

SafeCryptoWorld is trading forex, cryptocurrency, commodities, indices, and stocks. Our main concern is the broker is operating discreetly. There’s no evidence that professionals are working on the website. Moreover, it would be impossible to trace the platform once it exits the market.

The best investment companies ensure they provide a performance report. Interested clients can check out how the platform has been performing. Afterwards, they can decide whether to join the entity or look for other options. We recommend investing with transparent schemes that clearly outline their features.

Safecryptoworld.com Review

SafeCryptoWorld claims it has years of experience and has managed to work with thousands of international traders. The company was established in September 2021. Therefore, they are only a few months old. The domain name is expected to expire after 1 year, another red flag. Potential Ponzi schemes exit the industry unceremoniously.

Once they realize they are not getting clients, they will shut down the operation. The broker states it provides the latest and innovative trading software. The statement is far from reality as the platform does not allow customers to trade automatically. 

SafeCryptoWorld also states it works with reputable financial institutions. The enforcers top security protocols to safeguard clients’ funds. They do not bother to mention the name of the bank. We can only assume this is another bluff as scammers thrive on deception. 

These con artists are most likely to accept money directly to the accounts. Without account segregation, your money shall be used illegally. It is also unwise to entrust your data to anonymous individuals. 

Ensure that you choose some of the best crypto ventures. These are leading enterprises that have built a name for themselves. They also work with professionals and provide world-class customer support services.

SafeCryptoWorld Trading Conditions 

SafeCryptoWorld has five investment accounts. The minimum amount that clients can deposit ranges from $10,000 to $25,000. The amount is above the standard market. Moreover, the packages seem to focus on the crypto market, yet the broker brags it offers various products. 

The crypto leverage ranges from 1:10 to 1:40. The cap is hazardous as the financial bodies approve leverage of 1:2. The moment you make losses, the company will earn on its side. The EURUSD pair has a spread of 0 pip. It is hard to believe an offshore firm would be this generous. This would mean a hundred percent profit for their customers. In most cases, you will find brokers charging commission when they have tight spreads.

SafeCryptoWorld presents a webtrader which does not have advanced features. Considering the company is trading various products, they should have reliable software. There is nothing unique about the website. You are better off without them. 

Withdrawal and Deposit 

SafeCryptoWorld lists the following payment methods: Visa, Mastercard, and Wire transfer. Unfortunately, it is impossible to verify whether the listed options are what the company is using.

It is also ironic the broker is trading cryptocurrency, yet it does not accept money via digital currencies. The company fails to provide legal documentation. We are not aware of the conditions investors must meet to withdraw funds. 

Watch out for such shady investment companies that are discrete. SafeCryptoWorld is more likely going to hold customers’ funds. They may come up with absurd fees which were not mentioned before.

Contact Details and Customer Support 

SafeCryptoWorld office address is from the United Kingdom. Investors can reach the support via email or request a call back by filling out the contact form available on the website.

This being a vague investment company, we suspect they are using a randomly-generated address. Scammers are tactical and will never reveal their actual area of operation. They keenly choose what to feature on their website. 

Safecryptoworld.com Review, Safecryptoworld.com Features

They will also have multiple phone numbers, which they will use to contact you. However,  once you realize something is off and start asking on the way about your money, the entity will cut you off.

Their staff will answer rudely and treat you unethically till you give up. On the other hand, if you choose legitimate companies, you will enjoy world-class customer support services. You can also interact with the team and learn about the trending news in the industry.

SafeCryptoWorld Regulatory Status

Since the company’s office address is from the United Kingdom, the broker should have a license from the Financial Conduct Authority to legally be in business. We found information indicating the broker is observing the laws of Estonia and Saint Vincent, and the Grenadines.

SVG is an offshore region that accommodates all kinds of fraudulent activities. The financial body of the country does not oversee the operation of online investment ventures. Therefore, platforms that claim to originate or adhere to the rules of the jurisdiction are operating independently. 

On the other hand, Estonia is a region with strict rules for investment companies. However, scammers tend to falsely claim to have a license from the country’s financial body. The Estonian Financial Supervision Authority oversees the operation of local investment firms.

SafeCryptoWorld is a dangerous unregulated scheme. There’s no proof the entity can survive the volatility of the market. The firm does not have working capital. Hence, customers’ money may be used for the wrong purposes. Investing with an option scheme only facilitates their fraudulent activities. 

You can never make an honest living when dealing with scammers. Additionally, negative account balance protection is not provided. Some of these platforms work without having a terms and conditions policy. Therefore, even if they violate investors’ rights, you cannot sue them as there is no legal bidding contract. It would also be impossible for the authority to trace anonymous people down.

Clients Testimonials 

Despite SafeCryptoWorld being a new investment venture, it has several negative reviews. The company is accused of being run by manipulators and liars to collect money from innocent investors. At first, their sales rep will politely contact and convince you to try them out. They claim to be dealing with cryptocurrency and binary options trading.

They will show you a dashboard, and within 15 minutes, you will have made mind-blowing profits. According to the statement of one of their victims, he earned $75 within the timeframe. The company’s founder is introduced as one of the experienced traders who can turn a single investment of $20,000 into $840,000 in less than 72 hours.

Unfortunately, the fraudster will immediately cut you off once you make the payment. They will put up quite a show for you to believe they are genuine. When the deal is too good, it’s best to think twice. Fraudsters target nervous investors who are looking to get rich quick schemes. There is no shortcut to becoming a successful investor. You must have excellent skills. 

Final Verdict 

Avoid registering at SafeCryptoWorld. This is a verified scam that has managed to steal from several investors. They are using false information, yet the firm does not have a license. 

Here is a list of some of the best cryptocurrency investment schemes. These are authentic companies with the best conditions and returns. 

Are the trading conditions of SafeCryptoWorld favorable?

No, the scheme exposes traders to severe risks.

Does SafeCryptoWorld have a license?

Unfortunately, this is an illegal scheme

Can Investor earn the advertised returns?

The only thing you can get from SafeCryptoWorld is huge losses.

 

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