PluxCrypto 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.
The onboarding at PluxCrypto was smooth which makes the subsequent experience even more frustrating. Once they have your money, the quality of service drops dramatically. Getting anyone to help you with an actual problem is nearly impossible.
Pros: Copy trading available|Smooth onboarding
Cons: Limited social trading features|Limited cryptocurrency options
My withdrawal request from PluxCrypto has been pending for over two weeks now. Every time I contact support, I get the same copy-paste response about processing times. This is unacceptable for a financial platform in this day and age.
Pros: Regular updates|High security standards|Two-factor authentication|Transparent fees
Cons: Search feature is basic|No crypto staking
Tried to withdraw my funds from PluxCrypto 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.
Pros: Professional looking website
Cons: Lost entire investment|Reported to authorities|Unresponsive
Do not believe the bonus offer from PluxCrypto. The turnover requirement is designed so you can never withdraw. I learned the hard way. I deposited after a trusted YouTuber reviewed them and the bonus terms were buried in pages of small print. My fault for not reading but their design is predatory.
Pros: Excellent charting|Multi-device support
Cons: Slow to add new assets
The mobile app from PluxCrypto is dangerous. I placed an order that showed as pending, so I placed another. Both executed and I was overexposed. When I complained they said it was user error. The app design is misleading.
Pros: No hidden fees|Personal attention|Fast support response|Risk management tools
Cons: Website design could be more modern|No dark mode on mobile
Several red flags with PluxCrypto: (1) They promise unrealistically high returns, (2) They're not registered with Financial Conduct 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
I looked into PluxCrypto and found they appear in the regulatory warnings database. Financial Conduct Authority has issued a notice about this firm. Whether this is a misunderstanding or a serious concern, the fact remains that proper due diligence is essential. Always verify the regulatory status of any company before investing your hard-earned money.
Pros: Information is publicly available for verification
Cons: Appears in regulatory warnings database|Uncertain regulatory status
I requested my data from PluxCrypto 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: Good mobile app|Fast execution|Real-time alerts
Cons: Would like more payment methods