geneticrypto.com has been flagged by AMF (France) for "Unauthorised". Category: Forex This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: geneticrypto.com.
KYC with geneticrypto.com is a nightmare. I submitted my ID and proof of address. They rejected it and asked for a utility bill. I sent it. They asked for a bank statement. Then they asked for a selfie with the ID. Then they said the selfie did not match. I gave up.
Pros: Full transparency|Real-time alerts|Reliable uptime
Cons: Limited social trading features
geneticrypto.com 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: API access|Dedicated account manager
Cons: None so far
geneticrypto.com 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: Educational resources|Segregated accounts|Social trading features
Cons: No integrated tax optimization
I experienced a security concern with my geneticrypto.com 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: Helpful community forum|Clean UI|Multi-device support
Cons: Help articles are sometimes vague
The reporting at geneticrypto.com is laughably bad. Tax documents are inaccurate, transaction histories have gaps, and trying to export data for your accountant is a nightmare. For a financial platform, getting the numbers right should be the bare minimum.
Pros: Regular updates|Easy withdrawals
Cons: Spreads widen during volatile periods
The only good thing about geneticrypto.com is that they remind you why regulation matters. I found them after seeing their ad online. They are regulated in a jurisdiction with weak consumer protection. When things went wrong I had nowhere to turn. Stick to well-regulated brokers.
Pros: No hidden fees|Comprehensive tools
Cons: Onboarding videos are outdated
I found geneticrypto.com after reading several online reviews and the initial impression was positive. But for the past six months later, I have encountered so many issues that I cannot recommend them. Trades failing, charts not loading, and support tickets going unanswered for days at a time.
Pros: Multi-currency support|Fast support response|Fast execution
Cons: Cannot customize dashboard fully