Crystal Invest: forex broker review
We present to your attention an analysis of the work of Crystal Invest – let’s check the documentation and opinions of traders. Read carefully to understand whether they are trustworthy.
Information about Crystal Invest: facts and contacts
The appearance of the website gives the impression of being unfinished and unprofessional. The site is filled mainly with advertisements without the possibility of finding information about the company. Contact information is limited to only phone numbers and email. Against the backdrop of such anonymity, the situation seems suspicious, confirmed by a request to Whois.
The domain was recently registered, and the registrant is PrivacyGuardian, a service widely used for anonymous domain registration. Connections with previous unsuccessful projects have been discovered, creating additional doubts about their activities.
Crystal Invest looks like a typical fraudulent project with a history of problems and deficiencies, despite the formally provided documents. Disclosed information indicates dishonesty and conceals the true nature of the company.
Regulatory shortcomings
Information about registration in Saint Vincent and the Grenadines, despite its presence, does not provide additional guarantees to traders. Lately, the authorities of these offshore zones have been taking strict measures against fraudsters, which puts the operations of such companies at risk. The absence of a Russian license for the broker also raises doubts.
Official warnings about suspicious operations speak for themselves and are a strong argument against cooperating with Crystal Invest.
Working conditions and reviews
Upon registration, a choice of six types of accounts is offered with a minimum deposit of 250 euros. However, the information provided about the trading conditions is not transparent enough, which could lead to an unfavorable experience for traders.
Crystal Invest sets up complex verification procedures before fund withdrawals, while account replenishment is much simpler, creating additional risks for clients.
Pitfalls and deception
The deception scheme lies in promises of quick and easy earnings on the stock market. Attracted clients find themselves under the company’s control, trading on demo accounts. Price and deal manipulations expose traders to a high risk of losses, emphasizing the dishonesty of Crystal Invest.
Conclusion
Based on the analysis conducted and the information reviewed, Crystal Invest does not deserve the trust of traders. We do not recommend engaging with this company and risking your funds.