CryptoAllDay Review (2023)

Founded
2018
Avoid Reason
No License
  • Company name: 

HomeMarket Ltd. CryptoAllDay

  • Registration Address/ License:

Bulgaria. No License, No Regulation. 

About CryptoAllDay
🗺️ Registered in Bulgaria
🗺️ Type of License No License
🛡️ Is CryptoAllDay safe to trade No
🗺️ Recommended Licenses FCA in UK 🇬🇧 & ASIC in Australia 🇦🇺
🖥 Alternative Broker FP Markets - licensed by ASIC in Australia

CryptoAllDay is a Forex and FX-Crypto trading provider, which is based in Sofia and managed by the incorporated company HomeMarket Ltd. The company promises a high potential income from the Cryptocurrencies trading through an incredibly flexible trading system with fast execution and the utmost level of security provided. With CryptoAllDay diversified account types every сliеnt can dесidе not оnlу their реrfоrmаnсе rеquirеmеnt but аlѕо рrеfеrrеd lеvеl оf risk, as well as trading conditions.

Even though the offering might seem quite good, we do not advise to get into that trap. First of all, a serious and reliable financial investment firm and trading broker should hold a necessary registration in order to deliver their services. As CryptoAllDay mentions its location in Bulgaria, which is part of the EU, the company should be authorized. However, it is not the case of the CryptoAllDay, therefore there is no any guarantees that the company is not another fraud.

In addition, in spite of numerous warning from the world regulators, cryptocurrencies still remain very attractive to the potential investors and especially to scammers. As the Crypto industry still not strictly regulated in order not to fall under the insolvency and loss of capital, we recommend to choose a broker carefully and consider only those that been checked previously by the legal authorities. Therefore, traders should consider only firms with specified licenses and check its status through the authority portals.

In the case of CryptoAllDay, the trading they offer is quite confusing and even badly presented which does not give any trust. Moreover, the firm appeared in warning lists of EU authorities that includes alert from Belgium FSMA and followed by other regulators as well. (Check warning by the link)

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