Is OriginalCrypto Scam or Legit Broker?

OriginalCrypto is not a legit broker as it does not hold any serious license. As a general rule, we recommend avoiding offshore and non-regulated entities as traders who invest in non-regulated firms often cannot recover funds invested or gains received. Thus, we strongly advise choosing only brokers regulated by top-tier regulators, such as  FCA and ASIC.

About OriginalCrypto
🗺️ Registered inBulgaria
🗺️ Type of LicenseNo License
🛡️ Is OriginalCrypto safe to tradeNo
🗺️ Recommended LicensesFCA in UK 🇬🇧 & ASIC in Australia 🇦🇺
🖥 Alternative BrokerIC Markets - licensed by ASIC in Australia

What is OriginalCrypto?

OriginalCrypto is a Forex and CFD trading provider which states their address in Bulgaria, as well as established office in Moscow which is provided by the owning company SolutionsCM LTD. The broker offers a variety of over 200 high-liquidity assets to trade through innovative trading tools and world-class execution.

  • However, considering the concerns about OriginalCrypto, we tried to check on the legitimate status of the broker, its regulatory status, and operation history. None of the confirmation was found, while there is no link to the broker’s authorization or regulatory status, official registers, or anything else that may lead to the company with a trustable establishment.
  • Obviously, the OriginalCrypto offering at high potential is a scam or fraud aiming to attract clients. In addition, we found confirmation of fraud claims from the traders engaged in trading with OriginalCrypto that faced absolutely not fair actions.  Besides, the company had changed its name several times. On top of all, there is an official warning from the CONSOB, Italy (Check the alert by the link).

 

OriginalCrypto Review

OriginalCrypto Review Conclusion

We strongly advise avoiding any contact or investment with OriginalCrypto. In order to be successful in trading one of the main priorities is a choice of a reliable broker. As the statistic shows, most of the frauds are non-regulated entities with no specified license or supervision from the authority. Therefore, we recommend choosing among the regulated brokers such as BlackBull MarketsGT Global, and FBS.

  • Overall ranking and experience for OriginalCrypto is Negative

OriginalCrypto Update

Based on our findings, OriginalCrypto 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 there are any proposals. 

No news available.

One response to “OriginalCrypto”

  1. It is a total scam. I am one of the victim of this scam. You cannot withdraw any money from your account, you can only deposit. At the moment I have around 0.06 btc in my account, which I cannot withdraw.

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