Crypto Klutz has been flagged by Financial Conduct Authority 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 Klutz has the worst mobile app I have ever used for investing. It crashes constantly, features that work on desktop are missing entirely, and the security implementation is questionable at best. How they released this app is beyond me.
Pros: Reliable uptime|Dedicated account manager
Cons: Mobile app could be improved|Wait times can be long during peak hours
The onboarding at Crypto Klutz was smooth which makes the subsequent experience even more frustrating. Once they have your money, the quality of service drops dramatically. Getting anyone to help you with an actual problem is nearly impossible.
Pros: Segregated accounts|Tax reports included|Portfolio tracking tools|Responsive team
Cons: Email notifications too frequent|Inactivity fee applies after 12 months
Crypto Klutz advertises low fees but once you dig into the fine print, there are numerous charges that add up quickly. Inactivity fees, withdrawal fees, currency conversion fees - it all eats into your returns. I wish I had read the terms more carefully.
Pros: Risk management tools|Great customer service|Detailed reporting|Fast execution
Cons: Limited demo account features
The mobile app from Crypto Klutz is dangerous. I placed an order that showed as pending, so I placed another. Both executed and I was overexposed. When I complained they said it was user error. The app design is misleading.
Pros: Responsive team|Two-factor authentication
Cons: Inactivity fee applies after 12 months
Do not believe the bonus offer from Crypto Klutz. The turnover requirement is designed so you can never withdraw. I learned the hard way. I deposited after attending a webinar they hosted and the bonus terms were buried in pages of small print. My fault for not reading but their design is predatory.
Pros: Clear documentation|Great customer service
Cons: Minor UI glitches occasionally|Alert system is basic
I found this company through a friend who recommended it. Before investing, I checked various regulatory databases and found that Crypto Klutz 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
After doing some research AFTER the fact (I know, I should have done this first), I discovered that Crypto Klutz is not authorized by any legitimate financial regulator. They are operating illegally. The website looks very professional but it's all a facade. Please check the regulatory warnings database before investing with ANY company.
Cons: Lost entire investment|Reported to authorities|Unresponsive
After for close to eighteen months with Crypto Klutz, I can only describe the experience as death by a thousand cuts. No single issue was catastrophic, but the constant stream of small problems, slow responses, and missing features wore me down until I finally left.
Pros: Excellent charting|Segregated accounts|Dividend tracking
Cons: Charting tools need more indicators