Cryptoforexhub 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.
Cryptoforexhub seems more interested in acquiring new customers than taking care of existing ones. The marketing is aggressive but the product is mediocre. Once you are past the honeymoon period, the cracks in their service become very apparent.
Pros: Personal attention|Easy withdrawals
Cons: Withdrawal takes 1-2 business days
I was contacted by Cryptoforexhub 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: Cannot withdraw funds|Not regulated|Pressure tactics
I referred a friend to Cryptoforexhub after attending a webinar they hosted. We both deposited. The referral bonus never arrived. Support said we did not meet the terms. When we asked which terms they pointed to a clause that was added after we signed up. Shady.
Pros: No hidden fees|Fast support response|API access|Real-time alerts
Cons: Would like more payment methods|Alert system is basic
I wanted to transfer my portfolio from another broker to Cryptoforexhub. 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: Helpful community forum|Wide product range
Cons: No fractional shares|Nothing significant
Cryptoforexhub locked my account without warning and demanded documents I had already submitted. for a couple of months now later I still do not have access to my funds. Their compliance team does not respond to emails. I am considering legal action.
Pros: API access|Competitive fees|Quick verification
Cons: Onboarding videos are outdated
I opened an account with Cryptoforexhub since I opened my account last year ago. The platform frequently logs you out, orders fail to execute at the stated price, and when you complain they blame your internet connection. I have screenshots proving otherwise.
Pros: Regular updates|API access
Cons: No dark mode on mobile|None so far
I lost a significant amount because Cryptoforexhub 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: Real-time alerts|Transparent fees|Demo account available|Tax reports included
Cons: Alert system is basic|Nothing significant
Do not use Cryptoforexhub for anything serious. I used them for roughly four months for small trades and it was okay. When I deposited a larger amount and traded more, my account was flagged, my withdrawals were delayed, and I was asked to explain my trading. They treat active traders like criminals.
Pros: Comprehensive tools|Demo account available
Cons: Alert system is basic|Could offer more webinars
The spread at Cryptoforexhub 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 financial advisor and initially thought the platform was good - until I started trading seriously.
Pros: Demo account available|API access
Cons: Limited ETF selection|Live chat only during business hours
My card was charged twice by Cryptoforexhub on the same day. I had to dispute it with my bank. Cryptoforexhub 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: Regular platform improvements|Educational resources
Cons: None so far