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.
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.
FAQ
Would investing in TradeCryptoMasters offer the best returns?
It is most likely that you will not make a profit. There is risky CFD trading, unclear trading conditions, and no security guarantees for the client. You will not be able to protect your capital from loss on an unknown and unstable platform.
Does TradeCryptoMasters carry out withdrawals?
If you decide to cooperate with the platform, you could lose money. Traders on independent resources on the network warn about this. You can leave your opinion in the comments below.
May I be scammed on trcrmasters.com?
You may have problems with trading conditions, unreasonable debits, and withdrawals from this broker. And you will not be able to get legal protection anywhere, as the company does not have a license for financial activity. In addition, the company has a cheap website and a fresh domain, that's why the risk of fraud is high.
What's the best way to share my experience with TradeCryptoMasters?
Fill out the form and we'll make sure your voice is heard.
How can I tell if TradeCryptoMasters is a fraudulent company?
Do your own research and never believe those who promise you easy money.
I also reported them to the Canadian Anti-Fraud Centre.
Prevent yourself from becoming a victim!!!