TradeCryptoMasters does not disclose any legal information about the company. To contact the broker, telephone numbers in Australia and the UK, as well as the address of the office in London, are provided for clients. However, there needs to be an official supporting documentation on the website. In addition, the date of its creation in 2022 is given. As for the domain, it was only registered in Malaysia in June 2023. Finally, the broker does not work with clients from 8 banned countries in Asia and Africa, such as Somalia and Iran.
How legitimate is this broker? Does it make sense to trade on this platform or do you risk losing money? To find out, we will check the site’s functionality and share our opinion with you.
Trading Conditions
TradeCryptoMasters does not have a standard procedure for account registration. You should fill in your details – phone number, e-mail, then choose your country of location in a particular form of the “Contact Us” section of the website and order a callback from an operator. The broker offers traders 6 asset classes, including CFD trading. You can choose an account from four types, which are sorted by margin credit (25-100%). Their name, minimum deposit, and functionality:
- BASIC $250 – provides a personal manager, up-to-date market information, loyalty points, and a weekly report on the status of your portfolio
- GOLD $25,000 – 25% exchange discount, meetings with an analyst and accountant, and a year-end summary with a tax professional
- PLATINUM $100,000 – 50% exchange discount, daily market signals, invitations to webinars, and VIP events.
- VIP $500,000 – 100% exchange discount, super tight spreads, higher profit payouts, optional daily personalized trading webinar with a leading analyst.
TradeCryptoMasters claims its employees have unique knowledge and extensive experience in the financial markets. You can get cutting-edge trading technology and exceptional support on the company’s proprietary platform.
The site does not reveal the mechanisms of successful earning of a trader on an unknown platform. You will not find any technical and legal information here, except for advertising texts about the broker’s desire to help clients achieve their financial goals.
TradeCryptoMasters does not provide clients with an opportunity to test its platform on a demo account. There are no news sections on the website. However, you can analyze market trends and patterns by the market rate signals of currency pairs and assets, which are displayed on the electronic scoreboard of the site’s main page in real time.
I also reported them to the Canadian Anti-Fraud Centre.
Prevent yourself from becoming a victim!!!