Cryptocurrency Exchanges

Crypto Forex Trade (Imposter)

1.6 (9 reviews)
🇳🇿 New Zealand
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1.6
9 reviews
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About Crypto Forex Trade (Imposter)

Crypto Forex Trade (Imposter) has been flagged by Financial Markets Authority for "Registered/Licensed entity impersonators|Fraud and Other Types of Misconduct". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.

Customer Reviews

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Same issues as parent brand

A
Adrian P.
2 months ago

Crypto Forex Trade (Imposter) has no proper customer support. The live chat is a bot. The phone number goes to a call center that cannot access your account. Email takes two weeks. When I had a real problem they were nowhere to be found.

Pros: Fast execution|Competitive fees

Cons: No live chat on mobile|None so far

Regulatory warning ignored

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Simon D.
3 months ago

I experienced a security concern with my Crypto Forex Trade (Imposter) 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: Fast support response|Low minimum deposit

Cons: Live chat only during business hours

Completely let down by Crypto Forex Trade (Imposter)

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Nicole M.
3 months ago

If you are reading this considering Crypto Forex Trade (Imposter) - run. I wish I had read more negative reviews after hearing about them at a conference. I thought the positive ones were real. Maybe some are. My experience over for close to eighteen months has been so bad I feel obligated to warn others. Do not make my mistake.

Pros: Responsive team|Detailed reporting|Professional team|Demo account available

Cons: No dark mode on mobile

My account was compromised and they did nothing

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Michael C.
3 months ago

I found Crypto Forex Trade (Imposter) through my accountant's suggestion and the initial impression was positive. But for about eight months later, I have encountered so many issues that I cannot recommend them. Trades failing, charts not loading, and support tickets going unanswered for days at a time.

Pros: Personal attention|Competitive fees|Demo account available

Cons: No phone support on weekends|No live chat on mobile

Warning to all investors

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George H.
3 months ago

I invested $5,000 with Crypto Forex Trade (Imposter) after seeing their professional-looking website. At first, everything seemed fine - they showed me impressive returns on my dashboard. But when I tried to withdraw, they kept making excuses. First it was "processing time," then "verification needed," then "you need to pay a tax fee first." I never got my money back. I have since reported them to Financial Markets Authority.

Cons: Withdrawal fees demanded|Communication cut off|Not authorized

Not regulated - verified this myself

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Robert J.
7 months ago

I found this company through a friend who recommended it. Before investing, I checked various regulatory databases and found that Crypto Forex Trade (Imposter) has been flagged as an unauthorized entity. I informed my friend immediately. Please always verify with official sources - a quick search could save you thousands.

Cons: Unauthorized firm|Found in IOSCO warnings database

They blocked me after I invested

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Rachel L.
10 months ago

I invested $3,500 with Crypto Forex Trade (Imposter) after seeing their professional-looking website. At first, everything seemed fine - they showed me impressive returns on my dashboard. But when I tried to withdraw, they kept making excuses. First it was "processing time," then "verification needed," then "you need to pay a tax fee first." I never got my money back. I have since reported them to Financial Markets Authority.

Pros: Initially responsive customer service

Cons: No regulatory oversight|Money disappeared|Fake testimonials

Important information for potential investors

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Karen D.
10 months ago

I looked into Crypto Forex Trade (Imposter) and found they appear in the regulatory warnings database. Financial Markets Authority has issued a notice about this firm. Whether this is a misunderstanding or a serious concern, the fact remains that proper due diligence is essential. Always verify the regulatory status of any company before investing your hard-earned money.

Pros: Information is publicly available for verification

Cons: Flagged by international regulators|Due diligence required

Copy trading copied the worst traders

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Luke A.
11 months ago

I closed a profitable position at Crypto Forex Trade (Imposter) and the profit was not credited for 5 days. Support said it was a settlement delay. When it finally arrived it was less than the amount shown on the platform. They could not explain the difference. I have moved my account.

Pros: Responsive team|Tax reports included|Automated trading options|Educational resources

Cons: Limited ETF selection|Email notifications too frequent