Updated on February 13, 2024
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In our rigorous review process, a team of seasoned financial specialists, boasting more than 20 years of experience in Forex trading, carries out an exhaustive evaluation of various trading services. Our team delves deep into the investigation of fees, assesses the trading platforms, and verifies adherence to regulatory standards. We also interact directly with customer support and conduct actual trades to gain a real-world understanding of the trading conditions. This comprehensive approach enables us to provide informed insights and advice on why we recommend avoiding CriptoRobot due to the issues we've identified.
Is CriptoRobot Scam or Legit Broker? ▲
CriptoRobot emerges as an unreliable entity in the realm of Forex trading due to the absence of any form of licensing from recognized regulatory bodies. This lack of authorization significantly elevates the risks associated with trading through this broker. Notably, CriptoRobot has not disclosed any specific measures it undertakes to ensure the safety of client investments, which further amplifies concerns regarding its legitimacy and security.
About CriptoRobot
Registered in: No Registration
Type of License: No License
Is CriptoRobot safe to trade: No
Recommended Licenses: FCA in UK & ASIC in Australia
CriptoRobot professes to offer a rich selection of investment opportunities, boasting rapid profit potential and a comprehensive assortment of cryptocurrency instruments through its user-friendly trading platform. However, the scant information available on the official website raises significant doubts about the credibility of these claims. The lack of regulatory status and ambiguous company location serve as immediate red flags, exposing the absence of legal accountability for CriptoRobot. The financial sector demands clarity and transparency, yet CriptoRobot's offerings are nebulous and disconcerting. Compounded by negative feedback from traders and a warning from the Spanish regulatory authority, CNMV, advising clients to steer clear of CriptoRobot, it becomes evident that opting for a legally recognized broker from the UK, Europe, or another regulated jurisdiction is a far safer and more sensible choice.
CriptoRobot's standing suffers greatly due to regulatory and safety concerns uncovered during our extensive review. With an overall ranking of 2.0 out of 5, CriptoRobot lags significantly behind other brokers in the industry, based on our evaluation of over 1000 brokers. This score reflects the serious risks and limitations associated with trading through CriptoRobot.
CriptoRobot supports a diverse array of payment methods for both depositing and withdrawing funds. Popular options include Vista Card, MasterCard, Bank Transfer, Paypal, Skrill, Neteller, and OXXO, among others. This variety in payment options does offer some convenience to users, though it should not overshadow the significant concerns regarding the broker's reliability.
Offers a variety of payment methods for deposits and withdrawals.
Lacks licensing from any reputable regulatory authority, raising serious safety concerns.
Fails to provide clear information about security measures to protect client investments.
The official website provides scant and confusing information about its services.
Negative trader reviews and a regulatory warning from CNMV highlight its unreliability.
Misleads about the company's location and legal status.
Our comprehensive review process, which spans various facets of trading services, has highlighted critical issues with CriptoRobot, particularly regarding its regulatory status and safety measures. The absence of any licensing from recognized authorities and the lack of transparency about the company's operations and offerings make CriptoRobot an unsuitable choice for traders seeking a secure and reliable trading environment.
In light of these findings, we strongly advise against engaging with CriptoRobot for financial investments. Instead, we recommend exploring well-regulated and reputable brokers that adhere to stringent regulatory standards and offer a secure, transparent trading experience. Prioritizing safety and reliability in broker selection will safeguard your capital and ensure a more satisfactory trading journey.
When considering alternatives, brokers like Interactive Brokers, City Index, and AvaTrade stand out. They not only offer the security of stringent regulation but also bring to the table comprehensive trading solutions that can meet the needs of both novice and seasoned traders.
CriptoRobot Review 2024
So, let me tell you about this crazy situation I found myself in. I had invested a significant amount of money in this company, thinking it would be a great opportunity to make some extra cash. But then things took a turn for the worse, and suddenly I couldn't withdraw my funds and they could not give me a reasonable reason for that other than asking for my personal information which is kinda weird. I was freaking out, until a friend recommended Mrs. Charlotte Scotte and her remarkable team to help me out. Let me tell you, they were lifesavers! They worked tirelessly to retrieve my money from the company, and after some back and forth, I finally got it back. I can't thank them enough for their expertise and persistence in getting me what was rightfully mine. It was definitely a lesson learned about doing thorough research before investing in anything, that's for sure!
You can contact her via
email: charlotte...scotte....24....@.....gmail.....com
WhatsApp: +1—(254)—426—8392