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Do You Want to Know If TradeSafeCryptoFx Is Legitimate or a Scam?
TradeSafeCryptoFx knows how to say the right thing to inspire confidence. Unfortunately, look a little under the surface, and you will discover the real story–this is not just an unlicensed broker, but one that misleads people into believing it is. TradeSafeCryptoFx seems to protest too much because the very first thing the site says in bold type: Regulated by the MFSA over 7 years and also displays what looks like the EU seal of approval (in addition to boasting of a US license).
There Are Some Problems with TradeSafeCryptoFx
However, TradeSafeCryptoFx has been flagged for its fake claims of licensing and was called out directly by the FCA, the main regulator in the UK. It says it offers negative balance protection and segregated funds, but the fact it has been singled out for its deceptive statements about licensing is a reason to stay away.
Red Flags that TradeSafeCryptoFx Could Be a Scam
- False claims about licensing
- High minimum-$500
- No transparency
- Flagged by FCA
- Negative reviews
If You Need Fund Recovery from TradeSafeCryptoFx, Talk to Us
We create these reviews to warn consumers about brokers and schemes that may be fraudulent. If you have an account with TradeSafeCryptoFx, 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.