Kryptop 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.
I referred a friend to Kryptop after reading several online reviews. We both deposited. The referral bonus never arrived. Support said we did not meet the terms. When we asked which terms they pointed to a clause that was added after we signed up. Shady.
Pros: Tax reports included|Multi-currency support
Cons: Slow to add new assets
What really bothers me about Kryptop is the disconnect between their marketing and reality. They position themselves as a premium service but deliver a below-average experience. Found them from a review site like this one and I fell for the polished exterior. Never again.
Pros: Regular updates|Segregated accounts|No hidden fees|Tax reports included
Cons: Limited social trading features
Several red flags with Kryptop: (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: Not registered with regulators|Unrealistic promises
The so-called education at Kryptop is just marketing. Every webinar ends with a push to deposit more. The market analysis is generic and often wrong. If you want real education go elsewhere. I wasted for nearly two years thinking they would help me learn.
Pros: Professional team|Market news feed
Cons: Would like more payment methods
I requested my data from Kryptop under GDPR. They sent a partial export that was missing months of transactions. When I asked for the rest they said it was a technical issue. Still waiting. They do not take data rights seriously.
Pros: Low minimum deposit|Comprehensive tools
Cons: Mobile app could be improved|Spreads widen during volatile periods
After doing some research AFTER the fact (I know, I should have done this first), I discovered that Kryptop is not authorized by any legitimate financial regulator. They are operating illegally. The website looks very professional but it's all a facade. Please check the regulatory warnings database before investing with ANY company.
Cons: No regulatory oversight|Money disappeared|Fake testimonials
I had high hopes for Kryptop after attending a webinar they hosted, but my experience has been disappointing. Customer support is slow, the platform has frequent issues, and their fee structure is not as transparent as advertised. I am actively looking for alternatives now.
Pros: Dedicated account manager|Multiple order types|Regular platform improvements
Cons: Nothing significant
The spread at Kryptop is not what they advertise. During volatile markets it widens so much that you lose before the trade even starts. I found them from a blog post comparing services and initially thought the platform was good - until I started trading seriously.
Pros: Risk management tools|Two-factor authentication|Multiple order types
Cons: Wait times can be long during peak hours|Website design could be more modern
I joined Kryptop from a review site like this one 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: Portfolio tracking tools|Professional team|Instant funding
Cons: Research section could be deeper|No crypto staking
Kryptop 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: Customizable dashboard|Easy to use platform|Economic calendar|API access
Cons: Currency conversion fee exists