Falcon CryptoDen has been flagged by Financial Markets Authority for "Unregistered/Unlicensed entity offering financial products or services|Fraud ...". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
If you are reading this considering Falcon CryptoDen - run. I wish I had read more negative reviews after reading several online reviews. I thought the positive ones were real. Maybe some are. My experience over for about eight months has been so bad I feel obligated to warn others. Do not make my mistake.
Pros: Demo account available|Good mobile app|Great customer service|Responsive team
Cons: Minimum deposit could be lower
After using Falcon CryptoDen for about five months, I decided to move my account elsewhere. The platform was unreliable, withdrawals took an unreasonable amount of time, and I could never get a straight answer from customer service. Frustrating experience overall.
Pros: High security standards|Quick verification
Cons: Email notifications too frequent
I trusted Falcon CryptoDen with a significant portion of my savings and I deeply regret that decision. Not because of market losses, but because of how poorly the platform performed and how dismissively the support team treated my concerns.
Pros: Tax reports included|Fast execution|Two-factor authentication
Cons: Research section could be deeper
Their two-factor authentication was optional when I joined. I enabled it. Later I lost my phone and could not log in. Falcon CryptoDen recovery process took 3 weeks and required notarized documents. By then I had missed important trades. Their security is your inconvenience.
Pros: Wide product range|Copy trading available|Good analytical tools|Multi-device support
Cons: Inactivity fee applies after 12 months|No dark mode on mobile
Their execution during news is terrible. I had limit orders in place. When the news hit, my orders were not filled at the limit price - they were filled much worse. Falcon CryptoDen said it was market conditions. Same news, another broker filled me properly. They are not honest.
Pros: Real-time alerts|Easy withdrawals|Intuitive for beginners|Instant funding
Cons: Research section could be deeper|Wish they had more educational resources
Several red flags with Falcon CryptoDen: (1) They promise unrealistically high returns, (2) They're not registered with Financial Markets 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: Listed in warning databases|No transparency|Pressure to invest quickly
I closed a profitable position at Falcon CryptoDen and the profit was not credited for 5 days. Support said it was a settlement delay. When it finally arrived it was less than the amount shown on the platform. They could not explain the difference. I have moved my account.
Pros: Real-time alerts|Clean UI|Fast execution|Easy withdrawals
Cons: No live chat on mobile
Falcon CryptoDen advertises low fees but once you dig into the fine print, there are numerous charges that add up quickly. Inactivity fees, withdrawal fees, currency conversion fees - it all eats into your returns. I wish I had read the terms more carefully.
Pros: Segregated accounts|Customizable dashboard|Clean UI|Low minimum deposit
Cons: Spreads widen during volatile periods|Alert system is basic
I experienced a security concern with my Falcon CryptoDen 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: Educational resources|Multi-device support|API access|Full transparency
Cons: Currency conversion fee exists|Slow to add new assets
Falcon CryptoDen 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: Smooth onboarding|Reliable uptime|Real-time alerts
Cons: No dark mode on mobile