Do You Want to Know If Shoaibcrypto Is Legitimate or a Scam Broker?
Cryptocurrencies may seem new and exciting, but it’s important to look before you leap. Unfortunately, scams involving digital currencies abound and the majority of cryotpo services are actually fake. This is the case with Shoaibcrypto which has been flagged by the FCA as an unlicensed financial service. It claims to be based in the UK, and yet has no license from the FCA.
There Are Some Problems with Shoaibcrypto
Shoaibcrypto is very similar to many of the crypto frauds we investigate. They have a sketchy website which provides very little apart from false claims and hyped up content that is designed to get clients to sign up as quickly as possible and make lots of money. However, there are many customer complaints that Shoaibcrypto doesn’t do this at all, but simply takes money from clients without allowing withdrawals and engaging in other illegal practices.
Shoaibcrypto is yet another unlicensed broker that doesn’t provide any real information or transparency and doesn’t have a license. It pretends to trade money on behalf of clients but doesn’t seem to be providing these promised services. Therefore, we recommend staying away from Shoaibcrypto.
Red Flags that Shoaibcrypto Could Be a Scam Broker
- Flagged by the FCA
- No license
- Poor website content and design
- No transparency
- False claims
- Bad reviews
If You Need Fund Recovery from Shoaibcrypto, Talk to Us
We create these reviews to warn consumers about brokers and schemes that may be fraudulent. If you have an account with Shoaibcrypto, close it and request a withdrawal. If you are not given your money back, contact Broker Complaint Registry right away. We will consult with you, work to track down your funds and create investigative reports, and will assist with fund recovery efforts.
