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Abstract:Fraudulent organizations sometimes use multiple company names and run multiple scam websites at the same time. This means that they may keep committing fraud even after they are caught. Now that we know this, WikiFX will compare unlicensed brokers Crystal Investment Profit, Cryptoxtrades, and SuperCryptoOptions.
Fraudulent businesses often use different company names and run more than one scam website at the same time, so they may keep doing bad things even after they are caught. And now that we know this, WikiFX is going to compare Crystal Investment Profit, Cryptoxtrades, and SuperCryptoOptions, which are all unlicensed brokers.
The same website design
The designs of all three sites are almost the same, with only small differences like logos and colors. They are even too indolent to modify the info shown on the homepages.
More the same images from each website
Crystal Investment Profit and SuperCryptoOptions are two of them that use identical banners.
The same “Clients” and address
When thinking about trading on a new platform, smart investors always look at what other customers have said about the broker. This is a smart way to avoid getting ripped off. Scammers use this in order to acquire the confidence of investors.
The irony is that three brokers have the same “customers” and feedback. These customer evaluations are similar to formulae, with the only difference being the value - trade name - that is “added” to them.
Furthermore, they have the same address in the United Kingdom, which is a red flag. We all know that the address is one of the most important things to check when verifying a forex license.
There is no regulatory information
The crooks did not disclose anything about its restrictions, like with other popular forex scams. A licensed broker has no incentive to conceal such vital information.
FCA has issued a warning
Since all three companies are based in the UK, it is important to check their information with the FCA. Instead of regulatory approval, we only found warnings against them. The FCA issued warnings to all of them within a month. In other words, none of them were licensed to provide financial services or products in the United Kingdom.
CryptoXtrades: https://www.wikifx.com/en/dealer/3951489992.html
Crystal Investment Profit: https://www.wikifx.com/en/dealer/3008197769.html
SuperCryptoOptions: https://www.wikifx.com/en/dealer/3108335570.html
Stay tuned for more Broker Exposure News.
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Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
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