CRYPTOANERS 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: cryptoarners.net.
After doing some research AFTER the fact (I know, I should have done this first), I discovered that CRYPTOANERS 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.
Pros: Initially responsive customer service
Cons: No regulatory oversight|Money disappeared|Fake testimonials
I was about to invest with CRYPTOANERS but decided to check their regulatory status first. They claim to be regulated but I could not find them on any official register. Financial Conduct Authority has actually issued a warning about this firm. Thank goodness I checked before sending any money.
Cons: Flagged by Financial Conduct Authority|Cannot verify credentials
This company appears on the IOSCO I-SCAN international warnings list. Over 68 financial regulators worldwide contribute to this database. While being listed doesn't automatically mean fraud, it's a significant red flag that potential investors should take seriously. Do your research thoroughly.
Cons: Flagged by international regulators|Due diligence required
My card was charged twice by CRYPTOANERS on the same day. I had to dispute it with my bank. CRYPTOANERS then froze my account and said I had a negative balance because of the chargeback. They created the problem and then punished me for it.
Pros: Two-factor authentication|Portfolio tracking tools
Cons: Minimum deposit could be lower|Inactivity fee applies after 12 months
Tried to withdraw my funds from CRYPTOANERS and was told I needed to pay a "withdrawal tax" of 20%. This is a red flag. No legitimate broker charges withdrawal taxes. When I refused, they became aggressive and eventually stopped all communication. My entire investment is gone.
Cons: Blocked my account|No legitimate license|Fake returns
Do not be fooled by the professional-looking website. Behind the scenes, CRYPTOANERS is disorganized and incompetent. I found them through word of mouth in my investment club and I can only assume the positive reviews are either outdated or paid for because my experience was terrible.
Pros: Good analytical tools|Detailed reporting
Cons: No phone support on weekends|No fractional shares
The spread at CRYPTOANERS is not what they advertise. During volatile markets it widens so much that you lose before the trade even starts. I found them through a podcast recommendation and initially thought the platform was good - until I started trading seriously.
Pros: Multi-currency support|Easy to use platform|No hidden fees
Cons: Currency conversion fee exists|No live chat on mobile