CryptoNetto Review (2023)

• Company name: 

CryptoNetto

• Registration Address/ License:

London, UK. Company with No License or Regulation. 

In recent stage, many platforms appearing that offer vast trading opportunities with Cryptocurrencies, for both investors beginners (Best Forex Broker for Beginners) and professionals with convenient confidence and trust. Many of those platforms propose high guaranteed returns and service as well on derivative assets that include CFDs and Forex instruments.

However, the concern about potential incomes and opportunities should go in parallel with real facts about trust to the offeree company. In order to be sure the broker is a firm that will deliver what is promised the trader at the first step should look for its legitimate status and check on the registrations.

The CryptoNetto company, yet, is a suspicious entity, as the mentioned address states London, UK while there is no any proof of address provided or even the registered name of the firm. A serious firm will always include all necessary legal information, which also can be confirmed through the official sources, like FCA Regulated entities list or other authority regulated firms online listing.

In conclusion, CryptoNetto trade appears to be just another “attractive” Cryptotrading proposal which is rather a fraud than the company. Moreover, the broker received its warning from an EU regulator, while other authorities followed a concern.

“The FSMA has received numerous complaints about these trading platform CryptoNetto that claim to be active in the cryptocurrency sector. Consumers who have invested in them complain, in particular, that they never recover the funds invested or that they simply have heard nothing further from the company with which they invested their money.”

FMSA, Belgium. October 2018.

Therefore, we advise to choose among the regulated companies, which is in fact a mandatory rule for all truly financial firm incorporated in the UK, so check the list of FCA Regulated Brokers.