Cryptocurrency Exchanges

Cryptosoft

1.5 (12 reviews)
🇬🇧 United Kingdom
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1.5
12 reviews
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About Cryptosoft

Cryptosoft 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: www.cryptosoftapp.net.

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Customer Reviews

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A cautionary tale

E
Emma B.
6 days ago

The hidden fees at Cryptosoft are the real scandal here. What they advertise and what they actually charge are two different things. By the time I realized how much I was paying in various fees and spreads, I had already lost a meaningful amount.

Pros: High security standards|Easy withdrawals|Customizable dashboard|Fast support response

Cons: Wait times can be long during peak hours|No phone support on weekends

Trading execution is suspicious

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Lisa J.
1 months ago

Do not believe the bonus offer from Cryptosoft. The turnover requirement is designed so you can never withdraw. I learned the hard way. I deposited after hearing about them at a conference and the bonus terms were buried in pages of small print. My fault for not reading but their design is predatory.

Pros: Comprehensive tools|Intuitive for beginners

Cons: Slow to add new assets

Regretting every moment spent here

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Leo M.
2 months ago

I experienced a security concern with my Cryptosoft 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: Multi-currency support|Educational resources|High security standards

Cons: Website design could be more modern|None so far

Not what they promise

J
Jennifer Z.
4 months ago

My withdrawal from Cryptosoft 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: Easy to use platform|Transparent fees|Portfolio tracking tools|Segregated accounts

Cons: Cannot customize dashboard fully|Wish they had more educational resources

The support team is useless

M
Marcus I.
6 months ago

Cryptosoft changed their fee structure with one month notice. What was a flat fee became a percentage. For my account size it meant a huge increase. When I objected they said I could leave. So I am leaving and writing this review.

Pros: Portfolio tracking tools|Comprehensive tools

Cons: Slow to add new assets|Live chat only during business hours

Check regulatory status before investing

D
Daniel S.
6 months ago

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

Total fraud - reported to authorities

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Rachel G.
6 months ago

Tried to withdraw my funds from Cryptosoft 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

The fine print will get you

M
Maya S.
8 months ago

After spending for the past six months trying to make Cryptosoft work for me, I have given up. The platform has too many limitations, the fees are not competitive, and the quality of their market data is questionable. There are much better options available.

Pros: Automated trading options|Quick verification|Real-time alerts|Stable platform

Cons: Limited social trading features

Nothing works as advertised

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Brooke D.
8 months ago

I signed up with Cryptosoft after a friend recommended them 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: Regular updates|Competitive fees|Intuitive for beginners

Cons: No live chat on mobile

Checked with regulators - they're not licensed

M
Maria A.
8 months ago

I found this company through a friend who recommended it. Before investing, I checked various regulatory databases and found that Cryptosoft has been flagged as an unauthorized entity. I informed my friend immediately. Please always verify with official sources - a quick search could save you thousands.

Cons: Unauthorized firm|Found in IOSCO warnings database