CryptoNetto Review

Is CryptoNetto Scam or Legit Broker?

No, it is not safe to trade with CryptoNetto, as the broker is suspected of being a fraud. The CryptoNetto company is a suspicious entity, as the mentioned address states London, UK while there is no proof of address provided or even the registered name of the firm. A serious firm will always include all necessary legal information, which also can be confirmed through official sources, like the FCA Regulated entities list or other authority-regulated firms' online listing.

• This means, that the broker does not have any license and the services and signing with it might put the trader's investments at risk.

What is CryptoNetto?

In the recent stage, many platforms appearing that offer vast trading opportunities with Cryptocurrencies, for both investors beginners (Best Forex Broker for Beginners), and professionals with convenient confidence and trust. Many of those platforms propose high guaranteed returns and services as well on derivative assets that include CFDs and Forex instruments.

• However, the concern about potential incomes and opportunities should go in parallel with real facts about trust in the offeree company. In order to be sure the broker is a firm that will deliver what is promised the trader at the first step should look for its legitimate status and check on the registrations.

• In conclusion, the CryptoNetto trade appears to be just another “attractive” Crypto trading proposal which is rather a fraud than the company. Moreover, the broker received its warning from an EU regulator, while other authorities followed a concern.

  “The FSMA has received numerous complaints about this trading platform CryptoNetto that claims to be active in the cryptocurrency sector. Consumers who have invested in them complain, in particular, that they never recover the funds invested or that they simply have heard nothing further from the company with which they invested their money.”

  FMSA, Belgium. October 2018.

CryptoNetto Review Conclusion

We strongly advise choosing among the regulated companies, which in fact is a mandatory rule for all financial firms incorporated in the UK, so check the list of FCA Regulated Brokers. There are many companies that are licensed by UK’s FCA brokers such as FBS and BlackBull Markets recommended as the best trading company provider.

CryptoNetto Update

Based on our research, the CryptoNetto website is inactive. This means the broker has muted its trading offering and does not operate. However, we recommend avoiding and staying alert in case of any proposals.