CryptoFreedom 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.
After doing some research AFTER the fact (I know, I should have done this first), I discovered that CryptoFreedom 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
My withdrawal from CryptoFreedom was rejected three times for vague reasons. Each time they asked for more documents. When I finally provided everything, they said my account was under review. for close to eighteen months of being strung along.
Pros: Intuitive for beginners|Detailed reporting|Dividend tracking
Cons: Currency conversion fee exists
CryptoFreedom offers copy trading. I copied a top trader. The copy trades often executed at worse prices than the original. When I asked why they said it was due to latency and liquidity. So the feature is broken or they are skimming. Either way I stopped using it.
Pros: Multi-currency support|Segregated accounts
Cons: Mobile app could be improved|Live chat only during business hours
My withdrawal request from CryptoFreedom has been pending for over two weeks now. Every time I contact support, I get the same copy-paste response about processing times. This is unacceptable for a financial platform in this day and age.
Pros: Fast deposits|Multiple order types|Good mobile app
Cons: Limited social trading features
Several red flags with CryptoFreedom: (1) They promise unrealistically high returns, (2) They're not registered with Financial Conduct 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.
Cons: Unauthorized firm|Found in IOSCO warnings database
I experienced a security concern with my CryptoFreedom account and reported it immediately. Their response time was inexcusable for a financial platform. It took them four days to acknowledge my report and another week to actually address it.
Pros: API access|Educational resources|Automated trading options|Dedicated account manager
Cons: No live chat on mobile|Wait times can be long during peak hours
I signed up with CryptoFreedom after reading several online reviews 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: Educational resources|Portfolio tracking tools|Good analytical tools|Copy trading available
Cons: Live chat only during business hours|No fractional shares
I had high hopes for CryptoFreedom after reading several online reviews, but my experience has been disappointing. Customer support is slow, the platform has frequent issues, and their fee structure is not as transparent as advertised. I am actively looking for alternatives now.
Pros: Segregated accounts|Professional team
Cons: Nothing significant
The so-called education at CryptoFreedom is just marketing. Every webinar ends with a push to deposit more. The market analysis is generic and often wrong. If you want real education go elsewhere. I wasted for a few weeks now thinking they would help me learn.
Pros: Wide product range|Stable platform|Low minimum deposit|Portfolio tracking tools
Cons: Limited cryptocurrency options
I referred a friend to CryptoFreedom from a blog post comparing services. 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: Tax reports included|Personal attention
Cons: Slow to add new assets