CryptoAllDay has been flagged by Financial Services and Markets Authority for "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.
I invested $5,000 with CryptoAllDay 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 Services and Markets Authority.
Cons: Lost entire investment|Reported to authorities|Unresponsive
I signed up with CryptoAllDay through word of mouth in my investment club and the first red flag was the aggressive account manager who would not stop calling. After depositing, the promised support vanished. Withdrawals are delayed with endless excuses. I have reported them to the regulator.
Pros: Low minimum deposit|Customizable dashboard|Comprehensive tools|Helpful community forum
Cons: Limited cryptocurrency options
CryptoAllDay 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: Multiple order types|Good analytical tools|API access
Cons: Onboarding videos are outdated
I lost a significant amount because CryptoAllDay 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: Full transparency|Transparent fees|Segregated accounts|Helpful community forum
Cons: Account statements could be more detailed
I am in a dispute with CryptoAllDay over a trade that was clearly erroneous. The price shown was wrong, I closed at a profit, and they reversed the trade and took the money back. They said it was a system error. So I lose and they keep? Unacceptable.
Pros: Comprehensive tools|Wide product range|High security standards
Cons: No phone support on weekends|Wish they had more educational resources
I wanted to transfer my portfolio from another broker to CryptoAllDay. They said they do not accept in-kind transfers for my asset type. I had to sell, withdraw, deposit, and rebuy - incurring taxes and spread costs. They did not tell me this before I signed up.
Pros: Good mobile app|No hidden fees
Cons: Limited demo account features|Desktop app not available on Linux
Several red flags with CryptoAllDay: (1) They promise unrealistically high returns, (2) They're not registered with Financial Services and Markets Authority, (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.
Pros: Website looks legitimate on the surface
Cons: Flagged by Financial Services and Markets Authority|Cannot verify credentials
CryptoAllDay 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: Helpful community forum|Clean UI|Full transparency
Cons: Would like more payment methods|Help articles are sometimes vague
I requested my data from CryptoAllDay under GDPR. They sent a partial export that was missing months of transactions. When I asked for the rest they said it was a technical issue. Still waiting. They do not take data rights seriously.
Pros: Fast deposits|Quick verification
Cons: Live chat only during business hours|Charting tools need more indicators
Do not be fooled by the professional-looking website. Behind the scenes, CryptoAllDay is disorganized and incompetent. I found them through a financial advisor and I can only assume the positive reviews are either outdated or paid for because my experience was terrible.
Pros: Social trading features|Easy withdrawals|Good mobile app
Cons: Withdrawal takes 1-2 business days|Inactivity fee applies after 12 months