CryptoFxMarket has been flagged by Commodity Futures Trading Commission for "Other". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
I joined CryptoFxMarket through a podcast recommendation and from the start, things felt off. The signup process collected far more personal information than necessary, the verification took unreasonably long, and when I finally got access, the platform was nothing like what was advertised.
Pros: Excellent charting|Demo account available|Market news feed|Social trading features
Cons: No phone support on weekends
CryptoFxMarket has no proper customer support. The live chat is a bot. The phone number goes to a call center that cannot access your account. Email takes two weeks. When I had a real problem they were nowhere to be found.
Pros: No hidden fees|Helpful community forum
Cons: Currency conversion fee exists
I have been trying to close my account with CryptoFxMarket for weeks now and they keep giving me the runaround. First it was a form to fill out, then identity verification again, then a mandatory phone call that never gets scheduled. They make leaving impossible.
Pros: Dividend tracking|Excellent charting|Fast execution
Cons: Live chat only during business hours
Several red flags with CryptoFxMarket: (1) They promise unrealistically high returns, (2) They're not registered with Commodity Futures Trading Commission, (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: Listed in warning databases|No transparency|Pressure to invest quickly
My withdrawal from CryptoFxMarket 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 nearly two years of being strung along.
Pros: Low minimum deposit|Excellent charting|Segregated accounts|Intuitive for beginners
Cons: Inactivity fee applies after 12 months
My card was charged twice by CryptoFxMarket on the same day. I had to dispute it with my bank. CryptoFxMarket 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: Market news feed|Good analytical tools|Regular platform improvements|Quick verification
Cons: Wait times can be long during peak hours|No live chat on mobile
I invested $15,000 with CryptoFxMarket 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 Commodity Futures Trading Commission.
Pros: Professional looking website
Cons: Lost entire investment|Reported to authorities|Unresponsive
CryptoFxMarket 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: Two-factor authentication|Good mobile app|Regular platform improvements
Cons: Help articles are sometimes vague|No fractional shares