Crypto Minerd 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. Website domain: cryptominerd.com.
KYC with Crypto Minerd is a nightmare. I submitted my ID and proof of address. They rejected it and asked for a utility bill. I sent it. They asked for a bank statement. Then they asked for a selfie with the ID. Then they said the selfie did not match. I gave up.
Pros: Economic calendar|Wide product range|No hidden fees
Cons: Email notifications too frequent
Their execution during news is terrible. I had limit orders in place. When the news hit, my orders were not filled at the limit price - they were filled much worse. Crypto Minerd said it was market conditions. Same news, another broker filled me properly. They are not honest.
Pros: Multi-device support|Tax reports included
Cons: Live chat only during business hours
The spread at Crypto Minerd is not what they advertise. During volatile markets it widens so much that you lose before the trade even starts. I found them from a review site like this one and initially thought the platform was good - until I started trading seriously.
Pros: Multi-currency support|Comprehensive tools
Cons: Limited cryptocurrency options
Crypto Minerd 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: Educational resources|Portfolio tracking tools|Dividend tracking|API access
Cons: No integrated tax optimization
I found this company through a friend who recommended it. Before investing, I checked various regulatory databases and found that Crypto Minerd 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: Listed in warning databases|No transparency|Pressure to invest quickly
I was contacted by Crypto Minerd through social media. They promised guaranteed returns of 20-30% monthly. Being naive, I invested. The "account manager" pressured me to invest more and more. When I finally tried to take profit, my account was frozen and they stopped responding. Classic Ponzi/advance fee fraud.
Cons: Withdrawal fees demanded|Communication cut off|Not authorized
Crypto Minerd locked my account without warning and demanded documents I had already submitted. for just over a year later I still do not have access to my funds. Their compliance team does not respond to emails. I am considering legal action.
Pros: Wide product range|Smooth onboarding
Cons: Currency conversion fee exists|Could offer more webinars
Their two-factor authentication was optional when I joined. I enabled it. Later I lost my phone and could not log in. Crypto Minerd recovery process took 3 weeks and required notarized documents. By then I had missed important trades. Their security is your inconvenience.
Pros: Multi-device support|Economic calendar|Excellent charting|Regular platform improvements
Cons: No phone support on weekends|Website design could be more modern