|Country:||St. Vincent and the Grenadines|
|Operating Since (Year):||1999|
|Address:||Suite 305, Griffith Corporate Centre, Beachmont Kingstown, P.O. Box 1510, St. Vincent and the Grenadines|
|Broker status:||Not regulated|
|Languages:||Italian, German, Spanish|
|Other trading instruments:||No|
|Minimum deposit ($):||$250|
- General Information
- Regulations and Licensing
- Account Types
- Assets and Trading Instruments
General Information for Crux24
Crux24 is a new broker, that started earlier this year. Crux24 is an international broker. Their site is entirely in English but can be translated to either Italian, Dutch, or Spanish. This broker is based in St. Vincent and the Grenadines, particularly in Beachmont Kingstown. According to their site, the brokerage opened in 1999. However, upon the in-depth research conducted, we found that this is in fact untrue. Stumbling upon this information was disappointing and is definitely a huge red flag for traders. Unfortunately, this is not where the doubts for this brokerage stop. We continued our research and uncovered information deepening our doubts of a Crux24 scam. Their domain name and header name are not the same. In their header they indicate iPro, but their domain is known as Crux24. This sort of inconsistency is often found with brokers that are not to be trusted.
The deeper we delved into this broker, the more uncertainties rose to the surface. Their website is completely dysfunctional. They rave about having such a user-friendly platform. But in reality, the site seemed very poorly constructed. It crashed on multiple occasions. On top of that, the site looks like it was built without much attention to detail. It seems very cheap and unprofessional. Furthermore, after looking over Crux24.com, it is safe to say that their content is not strong. Its creators did not care to put in more effort than the bare minimum.
Regulations and Licensing
After looking high and low, Crux24 seems to have no regulations or licenses, unfortunately. Brokers that are reputable and trustworthy always list their licensing and regulations in a visible spot on their website. It is essential to building trust and maintaining transparency with their clients. This is another huge red flag.
It is clear they don’t care to establish a good relationship with their customers. That is exactly why they are not to be trusted. Crux24 scam tendencies are too strong. Although Crux24 offers some legal documents, it is obvious they are avoiding any sort of accountability. That is very alarming with a broker you are entrusting with your money.
After looking at their refund policy, we realized that they provided a very generic policy that can be found on other websites. The most distressing part of this is that they don’t even try to look professional and legitimate. They genuinely don’t care how they appear to others, as long as they can benefit from their clients and take their money. That is why this Crux24 Review is so important. From conducting basic research, we found extremely serious red flags that we highly recommend you take into consideration.
Crux24 Review: Account Types
According to the Crux24 site, Crux 24 offers four different account types. However, if you take just a few more minutes to look into what they offer, you will quickly see this is all a lie.
The price range between their accounts is extremely alarming. They quickly increase their minimum deposit from €250 to €10,000+. Offering a deposit range that is so wide is yet again another red flag. Why do you ask?
Well, from our experience with brokers, we see that the focus is just to sell as many accounts as possible. Our Crux24.com review will help future traders avoid such scams. The account types seem especially fake when you consider that the information presented on the website does not go beyond ‘Feature 1-Feature 4.’ The lack of information for what you are investing in is just another warning sign.
Assets and Trading Instruments
As we see, Crux24 offers the trade of cryptocurrency, indices & commodities, CFDs, forex currency pairs, and binaries. Such a wide range of assets requires way more information than their simple account type overviews. This indicates that in reality, Crux24 scam its clients. Their account managers are not skilled and generally oversee all the assets. It is unrealistic that one account manager can trade all assets with the same level of accuracy and competence.
Crux24 Review: Conclusion
Overall, it is clear that Crux24 is not trustworthy and should be reconsidered in any circumstance. There are no further words to describe the catastrophic services that Crux24 provides. While most scammers attempt to look professional and put a good foot forwards, Crux24 does not even care to do that. They are so sloppy and lazy with their site. How can they be responsible with your money? Our Crux24 review aims to ensure you don’t lose all your money. Think twice before investing with them. We strongly urge that you do not invest with Crux24 ever. You will likely lose all your money. We are not the only ones who think this is true. Other reviews and comments can be found to say similar things, and we urge that you look into this further.