CryptoGo365 Review – Scam or Trustable Broker?
Broker status | Offshore Scam Broker |
Regulated by | Unlicensed Forex Provider / No Regulation |
Scammers Websites | Cryptogo365.com |
Blacklisted as a Scam by | N/A |
Owned by | CryptoGo365 Ltd |
Headquarters Country | Saint Vincent and the Grenadines |
Foundation year | 2021 |
Supported Platforms | Web Trader |
Minimum Deposit | $250 |
Cryptocurrencies | Forex / Commodities / Indices / Stocks / Cryptocurrencies (Cryptos) |
Types of Assets | Available – BTC, DOGE, TRX |
Maximum Leverage | 1:400 |
Free Demo Account | No |
CryptoGo365 is a Scam Broker
CryptoGo365 Ltd is the brand name of CryptoGo365 Ltd. It was registered with the FSA Saint Vincent and the Grenadines in February 2022. This may seem like a promising beginning, but let’s not forget about it.
The Financial Services Authority has warned about Forex and CFD broker. They require that firms are registered. Each company must still apply for a license in their country of service. CryptoGo365 regulation should therefore be with the UK FCA or German BaFin, Dutch AMF, and any other regulator.
You can see that the purpose of registering the company offshore was to avoid any supervision or licensing. We checked numerous regulatory databases and found no trace of CryptoGo365 Ltd.
Additionally, the firm mainly recruits European residents and does not comply with ESMA rules regarding risk management. According to the European Securities and Markets Authority, retail traders can only leverage less than 1:30. CryptoGo365, on the other hand offers leverage up to 1:400
We invite you to tell us your story, and help us punish this scammer.
CryptoGo365 is an online brokerage that offers trading services. It is based in Saint Vincent & the Grenadines. Numerous negative reviews have proven that the firm is guilty of financial fraud.
CryptoGo365 Scam Victims Are Living Where?
The company was established in February 2022. However, cryptogo365.com was created in December 2021 by NameCheap. Most complaints about withdrawals came from:
- Italy
- Germany
- Israel
- Netherlands
The firm is also quite popular on social media but not for the right reasons.
We invite you to review Grow Pro Markets and SureInvest before proceeding. They could easily take your investment.
CryptoGo365 WebTrader Platform
You can see that CryptoGo365 is a trading platform. However, it is a WebTrader.
We were however dissuaded when we reviewed it. Without a referral code, opening an account at this investment firm is impossible. This is fraud. You will have to wait to receive a call from your account manager, who will pressure you into depositing before giving you the code.
CryptoGo365 does not offer third-party software access, such as MT4,MT5, and cTrader. These software have millions of users and are more difficult to use than any browser-based solution. This is why they are gaining popularity.
CryptoGo365 Mobile Trading App
CryptoGo365 offers a mobile app and has links for iOS and Android. You cannot use the app without a referral code. Even if an app is available, it will not help you to test the system.
A wide range of trading instruments and markets
Let’s take a look at the list of tradable asset and determine if this broker is worth mentioning.
- Forex pairssuch a EUR/GBP and NOK/ZAR or USD/SEK
- Commodities: cocoa, crude oil and gold
- Stocks – Pfizer, Amazon, Microsoft
- Indices – FTSE100, S&P500, DAX30
- (Cryptos) Cryptocurrencies – BCH, USDC, SHIBA
Although this is a good range, we should not forget that the brokerage does not have authorization to provide any assets.
Spreads and Fees
We are excited to welcome you to this section. CryptoGo365 did not share the fees, spreads and other trading costs that are so important for investors when selecting a broker. Since their ultimate goal is to disappear with your entire deposit, it seems that commissions don’t really matter.
Comparing Trading Accounts – What is the Difference?
Let’s look at CryptoGo365 account types to see if they favor retail trader like you.
- Rookie $250
- Basic $2,500
- Elite – $10,000
- Elite Plus $25,000
- VIP $ 100,000
The Islamic version is included in the Basic account, while Elite accounts include a daily analysis and an account manager. Elite Plus can’t be swapped, but you can get VIP benefits by contacting your account manager.
Although the minimum deposit is fairly standard these days, it is important to remember that your money can be dangerous.
Chargeback Is Your Solution!
A chargeback is the retroactive cancellation and refund of a charge made using your credit card, wire transfer or some other payment methods.
By putting together a compelling chargeback strategy from beginning to end, victims of online fraud have a relatively high probability of recovering some of all of their funds lost.
However, using a trustworthy service such as MyChargeBack is critical in this endeavour as a typical chargeback process can often be complex and drawn out without the right guidance.
Request a free consultation today by clicking the button below!
What is a chargeback?
Chargebacks are a way for your bank to reclaim funds from the merchant. We recommend that you contact us immediately to initiate the process. In a free consultation, we will discuss how to get your money back immediately!/span>
CryptoGo365: Video
Below you will find a short video about CryptoGo365. Watch it so you don’t miss anything important. In a few minutes you’ll learn the whole truth about CryptoGo365!
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FAQ
- CryptoGo365 is a legitimate broker. Should I invest in it?
CryptoGo365 is an offshore financial fraudster. We may be able to assist you in recovering your money if you have made an investment with this brokerage house.
- Does CryptoGo365 Offer a Demo Account?
CryptoGo365 does not offer a Demo account that is risk-free.
- What amount should I invest in CryptoGo365
It is best to not invest at all. The company does require a $250 minimum deposit.
- CryptoGo365 Demo Account - Can I Trade For Free?
CryptoGo365 Demo account cannot be created. We were unable to even create an account so we couldn't see their trading software.
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