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Crystalead Broker Review
We’ve chosen to put everything in one place because the broker’s website is down and many clients are seeking to gather material for a successful dispute. Read our Crystalead review to learn everything there is to know about this fraudulent trading organization.
Broker status: Unregulated
Regulated by: Unlicensed brokerage
Blacklisted as a Scam by: BCSC
Owned by: N/A
Headquarters Country: Ireland
Foundation year: N/A
Supported Platforms: Web trader
Minimum Deposit: N/A
Cryptocurrencies: Yes
Types of Assets: FX, commodities, indices, shares, cryptocurrencies
Maximum Leverage: N/A
Free Demo Account: No
Accepts US clients: No
Crystalead Regulation
Crystalead is a supposed Irish broker with no official owner or physical address. When corporations lack information, it usually implies they are offshore, away from genuine regulatory oversight. We cannot say with full confidence, but the conduct and everything about Crystalead leads us to suspect that is also the case with this business.
As a result, your funds are not safe, and if you are unable to contact the brokerage and obtain them, continue reading this review until the conclusion to look for viable remedies.
Crystalead Warnings From Financial Regulators
We tried to see whether any regulator had spotted anything unusual about this broker. And the answer is, indeed, yes. The BCSC, a Canadian regulator, discovered that Crystalead is providing illegal financial services in the country and issued an official warning.
Fund Withdrawal Issues
All clients who had money invested with the broker are now unable to access it since the broker abruptly went offline after being revealed by the regulator. Not only is the website down and signing in to an account impossible, but the broker failed to inform clients or allow help to respond to their calls and emails. Please let us know if you have been in a similar scenario and were unable to recover your money.
Areas Of Crystalead Scam
As previously stated, the Canadian regulator issued an official warning owing to the prevalence of frauds in this nation. According to Crystalead reviews, most victims are from Canada and Cyprus, with complaints also coming from the United Kingdom, the Netherlands, and Scandinavian nations. Beware of the Crystalead fraud, no matter where you are.
Traders About Crystalead Scam
The majority of complaints presently focus on clients’ inability to access their trading accounts. Of course, when you realize your money is in some account and you can’t get to it, fear sets in. Aside from withdrawals, several report that account administrators were disrespectful and informed them openly that they had been defrauded and should not expect any compensation.
Are you having trouble successfully requesting a withdrawal from your broker? Tell us about it and add a comment.[/vc_column_text][/vc_column][/vc_row]
