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Is Hashtrade a Scam Broker?
Cryptocurrency trading is extremely popular. It is also volatile and those who want to trade bitcoin and other cryptocurrencies are often vulnerable to crypto scams. Hashtrade is not a reliable trading opportunity and has been flagged by the FCA. It falsely claims to have a license and the FCA says that it is a new version of an early scheme called Paragon Ventures. The FCA has already done research on this broker, so there is no need for you to—in this case, we recommend staying away.
Is Hashtrade a Scam or Legit Broker?
Regulators make it their job to warn consumers about unlicensed brokers that have been engaging in shady practices. There is no reason to trust a broker after they have received such a warning. There are so many regulated and trustworthy brokers that it is hard to understand why anyone would work with Hashtrade knowing all of these red flags.
Here are some problems we have discovered from our research on Hashtrade and reviews:
- No license
- Warning from the FCA
- New version of an earlier scheme
- No transparency
- Bad site
- Negative reviews
Our experts do not recommend Hashtrade. We encourage visitors to do research, read our broker reviews, and select regulated brokers. If you have been scammed by Hashtrade or any other broker, contact Broker Complaint Registry right away and we can advise you on fund recovery.