Cryptofxlegaltrades Broker Alert

Cryptofxlegaltrades

On May 19th, 2024, BrokerComplaintRegistry received notice about a possible scam through its CRM. The broker in question goes by the name Cryptofxlegaltrades. This broker has no contact information, company details, or URL.  A thorough review reveals that Cryptofxlegaltrades is not regulated by any governing body, which raises significant concerns regarding the safety of investors’ funds and the lack of legal protections. Traders should conduct diligent research and consider brokers with a strong regulatory framework to ensure a secure trading experience.

The term ‘’legal’’ in the broker’s name is likely misused to create an illusion of legitimacy.

Cryptofxlegaltrades implies cryptocurrency trading but does not supply information about their services. 

Given the lack of regulation and transparency, it’s best to avoid this platform. If you have been scammed by Cryptofxlegaltrades, be sure to collect all possible information, including records of communication, and bank statements, and report to your local law enforcement. 

File a complaint with BrokerComplaintRegistry to further pursue the broker and assist you in the process of fund recovery.