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Is Cryptoexpertrades a Scam Broker?
Cryptoexpertrades is a site that gives mixed messages. One reason for this is that we suspect it is a clone site. This happens when a fake broker tries to pass as legitimate by using a similar-sounding name or lifting content or design from another site. The homepage indicates clients can trade 30 assets. It also advertises an affiliate program that gives participants a 20%. However, the information and style of other pages do not match the promises on the homepage.
Is Cryptoexpertrades a Scam or Legit Broker?
On other pages of the site, it is clear Cryptoexpertrades says it uses bitcoin to trade other cryptocurrencies and nothing is said of other assets. The amount clients receive for referrals is said to be 15% rather than 20%. This broker encourages trading on the margin, basically, with money the client does not have which is dangerous. Also, Cryptoexpertrades is unlicensed and it seems best to stay away.
Here are some problems we have discovered from our research on Cryptoexpertrades and reviews:
- No license
- Contradictory information
- Suspected clone site
- Poor quality content and typos
- Encourages trading on the margin
- No transparency
Our experts do not recommend Cryptoexpertrades. We encourage visitors to do research, read our broker reviews, and select regulated brokers. If you have been scammed by Cryptoexpertrades or any other broker, contact Broker Complaint Registry right away and we can advise you on fund recovery.