Crypto App Australia (crypto-outback-app-au.com) has been flagged by Australian Securities and Investments Commission for "Unregistered/Unlicensed entity offering financial products or services". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
Crypto App Australia (crypto-outback-app-au.com) seems more interested in acquiring new customers than taking care of existing ones. The marketing is aggressive but the product is mediocre. Once you are past the honeymoon period, the cracks in their service become very apparent.
Pros: Segregated accounts|Customizable dashboard|Regular updates|Regular platform improvements
Cons: Email notifications too frequent|Live chat only during business hours
I experienced a security concern with my Crypto App Australia (crypto-outback-app-au.com) account and reported it immediately. Their response time was inexcusable for a financial platform. It took them four days to acknowledge my report and another week to actually address it.
Pros: No hidden fees|Fast execution|Wide product range|Easy withdrawals
Cons: Onboarding videos are outdated
I referred a friend to Crypto App Australia (crypto-outback-app-au.com) while looking for alternatives to my previous provider. We both deposited. The referral bonus never arrived. Support said we did not meet the terms. When we asked which terms they pointed to a clause that was added after we signed up. Shady.
Pros: Excellent charting|Copy trading available
Cons: Inactivity fee applies after 12 months
I want to warn everyone about Crypto App Australia (crypto-outback-app-au.com). They have been flagged by Australian Securities and Investments Commission as an unauthorized entity. I wish I had checked before investing. They use high-pressure sales tactics and fake testimonials. Once you send money, getting it back is nearly impossible.
Cons: Withdrawal fees demanded|Communication cut off|Not authorized
Several red flags with Crypto App Australia (crypto-outback-app-au.com): (1) They promise unrealistically high returns, (2) They're not registered with Australian Securities and Investments Commission, (3) Their contact information is vague, (4) They pressure you to deposit quickly. I recommend everyone do thorough due diligence before investing with any company.
Cons: Unauthorized firm|Found in IOSCO warnings database
I lost a significant amount because Crypto App Australia (crypto-outback-app-au.com) did not execute my stop loss during a flash crash. They said the market was illiquid. Other brokers managed to execute. I have no proof they did not trade against me. Avoid.
Pros: Easy to use platform|Responsive team|Segregated accounts
Cons: Inactivity fee applies after 12 months