CRYPTEC Forex Broker Review (2020)

Cryptec IO Logo

Cryptec is an unlicensed Crypto Forex CFD Forex Broker, which opened in September 2019. For withdrawal points and complaints, learn this.

WARNING!!! Cryptec is NOT Licensed by the FCA!

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Cryptec Critiques

Cryptec offers their purchasers and buyers an internet primarily based buying and selling platform made by Proftit. Their Crypto Forex buying and selling software program has CFD’s (Contracts for Distinction) out there on many Crypto Currencies, and digital cash.

The minimal deposit for a brand new buying and selling account begins at $250. Formally they provide 5 kinds of buying and selling account, and the distinction between them is: margin degree, minimal deposit and bonus quantity. Margin charges for Crypto buying and selling is 10:1 and goes as much as 40:1 for buyers with $50,000 to gamble.

50% – 150% Bonus is obtainable to all accounts, however you higher perceive what bonus cash is, and the issues it causes if you end up curious about making a withdrawal. Mainly, bonus cash locks up your whole deposit, and also you will be unable to withdraw something, till you may have trades a lot quantity, you’ll in all probability don’t have anything left. Be sure to learn the phrases and circumstances thrice earlier than accepting a bonus.

Cryptec IO Trading Review
Cryptec IO Buying and selling Overview

Is a Legit Alternate?

No, Cryptec is an unlicensed offshore CFD Forex Broker.

Rip-off Broker Investigator has reviewed a whole lot of those new Crypto Forex CFD Forex Brokers, to see if they’re a reliable, just by checking for a sound license. A legit Crypto CFD Forex Brokers have to be licensed by the Monetary Conduct Authority in the UK, or by ASIC in Australia.

Cryptec IO Broker Accounts
Cryptec IO Broker Accounts

Cryptec is owned by Level Place Ltd, which is situated at: Cnr Previous and Church Road, P.O. Field 2290, Roseau, Commonwealth of Dominica. Their fee processor is MeanTech OÜ, situated at: Harju maakond, Tallinn, Kesklinna linnaosa, Maakri tn 19/1-7K, 10145 Estonia.

Their cellphone quantity is in Denmark: +45-78726185. Buyer help electronic mail tackle is: [email protected], and the official web site is:

Best Forex Brokers

Examine Crypto Brokers

Sensible merchants all the time confirm that the Forex Broker they will make investments with, is definitely licensed of their native nation of residence. With a whole lot of Crypto Forex Brokers to decide on right this moment, buyers normally select one of many common Forex Brokers listed right here.

PepperStone is a big on-line Forex Broker, that provides tight spreads on many Crypto CFD’s, see right here.

They’re licensed in England and Australia, and you should utilize the MT4, MT5 or cTrader buying and selling apps. Attempt a Free Demo Account, signup right here.


What was your investing expertise with Cryptec like? Please depart your evaluate within the feedback beneath.