- Sep 20, 2022 The UK FCA Added Crypto Master into Its Warnings
On 21 Sep 2022, the United Kingdom Financial Conduct Authority (UK FCA) issued a warning that
Crypto Master is providing financial services or products in the UK without authorisation. You may visit: https://www.fca.org.uk/news/warnings/crypto-master
- Sep 22, 2022 BrokersView has Reviewed that Crypto Master is an Unregulated Forex Broker
Crypto Master claims to be a reliable broker without presenting any information about its regulation. The lack of such important information may be a distinct signal of an unlicensed broker, as regulated brokers always present their accreditations and licenses in a prominent position. It is a red flag.
In addition, this broker presents its offices that locate in the UK, Canada, and Australia. So we searched the Investment Industry Regulatory Organization of Canada (IIROC) and Australian Securities & Investment Commission (ASIC), but did not find any information that matched this broker.
Moreover, we found a warning against this broker in the United Kingdom Financial Conduct Authority (UK FCA). UK FCA warned that Crypto Master was providing financial services or products in the UK without authorisation.
The truth is that Crypto Master is not regulated by any regulators. Letting this broker hold or control investors' money is unsafe, and the money can not be protected by any laws. Therefore, it is a scam.
Crypto Master claims to be a reliable broker without presenting any information about its regulation. The lack of such important information may be a distinct signal of an unlicensed broker, as regulated brokers always present their accreditations and licenses in a prominent position. It is a red flag.
In addition, this broker presents its offices that locate in the UK, Canada, and Australia. So we searched the Investment Industry Regulatory Organization of Canada (IIROC) and Australian Securities & Investment Commission (ASIC), but did not find any information that matched this broker.
Moreover, we found a warning against this broker in the United Kingdom Financial Conduct Authority (UK FCA). UK FCA warned that Crypto Master was providing financial services or products in the UK without authorisation.
The truth is that Crypto Master is not regulated by any regulators. Letting this broker hold or control investors' money is unsafe, and the money can not be protected by any laws. Therefore, it is a scam.
- Dec 07, 2022 BrokersView has found that Crypto Master is not working
BrokersView found the domain "https://www.cryptomaster.uk/en/" is not working, as most probably it was suspended and it is always a bad sign when broker's website is suspended.
BrokersView found the domain "https://www.cryptomaster.uk/en/" is not working, as most probably it was suspended and it is always a bad sign when broker's website is suspended.
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