Gascrypt 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.
Gascrypt locked my account without warning and demanded documents I had already submitted. for the past six months later I still do not have access to my funds. Their compliance team does not respond to emails. I am considering legal action.
Pros: Good mobile app|Fast deposits
Cons: Currency conversion fee exists|Limited cryptocurrency options
Gascrypt 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: Responsive team|Real-time alerts
Cons: Desktop app not available on Linux
I trusted Gascrypt 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: Two-factor authentication|Educational resources|Portfolio tracking tools|Easy withdrawals
Cons: Website design could be more modern|None so far
I experienced a security concern with my Gascrypt 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: Multiple order types|Smooth onboarding
Cons: No crypto staking|Inactivity fee applies after 12 months
I want to warn everyone about Gascrypt. They have been flagged by Financial Markets Authority as an unauthorized entity. I wish I had checked before investing. They use high-pressure sales tactics and fake testimonials. Once you send money, getting it back is nearly impossible.
Cons: No regulatory oversight|Money disappeared|Fake testimonials
After seeing ads for Gascrypt online, I investigated. The company is listed in the IOSCO I-SCAN warnings database and has been flagged by Financial Markets Authority. Their website looks professional but that means nothing - many scam operations invest heavily in appearance. Always check the regulatory warnings before investing.
Pros: Website looks legitimate on the surface
Cons: Flagged by Financial Markets Authority|Cannot verify credentials
I lost a significant amount because Gascrypt 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: Copy trading available|Demo account available
Cons: Spreads widen during volatile periods|Limited demo account features
Gascrypt 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: Full transparency|Smooth onboarding|Demo account available|Personal attention
Cons: Withdrawal takes 1-2 business days