The brokerage firm claims to guarantee users financial success by providing them with the best trading conditions in the industry. However, the project owners do not disclose information about its history, team members, headquarters location, and license availability to clients. As a rule, such behavior raises doubts about the reliability of the resource.

Let’s understand whether you should cooperate with this intermediary. Will it be profitable and safe? In our review of CryotoxTrade, we will consider the broker’s activity and answer these questions in detail.

How to Trade

Packages formed by the company’s experts allow clients to trade different asset classes in one transaction. The company offers the following services to its clients:

  • 5 tariffs for beginner traders.
  • VIP account with a minimum deposit of $125,000.
  • Savings account with similar conditions as the VIP account.

Tariff plans differ in the size of leverage and 1 lot contracts (from 10 to 100,000), and the number of assets (300-1500). Sizes of spreads, commissions, and other trading conditions are not specified.

The broker does not provide potential clients with Terms and Conditions. You must provide your data and contacts to get the information necessary to open an account. 

The analytics is represented by reviews of the cryptocurrency market. The firm promises to provide educational services to registered users.

CryotoxTrade Vital Info

The founders of the company claim to be financial market professionals, but prefer to remain anonymous. Besides, there are no specific facts or even the start date of the project in the “History” section of the website. As for the domain, it was created in May 2023. Most likely, the project was not founded before this date. Where is the firm registered? In which country are its offices located? This information is shrouded in mystery. We tried to find a firm with the name CryotoxTrade in global registries, but it was not listed as a legal entity in any country. Apparently, the owners of the site have not even registered their brokerage company, so it has no license and no legal address.


What are the key facts about CryotoxTrade?

All key facts about the company are not publicly available. Important legal documents about the location and licensing are not mentioned on the website. This organization is not listed as a legal entity in any country. The qualifications of the experts offering financial services are not confirmed.

What's the risk to my wallet when working with this broker?

We found many pitfalls in our review: from anonymous site owners to lack of information about the user agreement, registration, and license. You risk 100% of your funds not only because of the lack of transparency in the firm's work but also because of the high leverage, which is limited by reputable global regulators to 1:30.

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