IC-Crypto invites you to conquer the cryptocurrency markets together. The broker offers over 200 assets for trading to its clients. It claims to have been established a long time ago with the primary goal of providing innovative tools, education, and comfortable conditions for all enthusiasts. The project asserts that it stands out from others through its day-by-day activities, such as market analysis and valuable recommendations to clients. The company also lists an address in Switzerland as its office. However, in the documents, there is only a mention of the offshore zone of Saint Vincent and the Grenadines. So, where is this broker really located? Find the answers to these questions in our review.
How to Trade
To start investing, you will need to open an account on the platform. By the way, they have original names for the account types: Trial, Secondary Income, Managed Portfolio, The Retiree, and The Heritage. The minimum deposits vary from $250 to $250,000 across these accounts. As account status increases, so does the deposit requirement. The company also gradually increases the range of available services. For example, premium account holders can expect services such as a personal analyst, access to arbitration, webinars, and more.
IC-Crypto Vital Info
The broker poses a real mystery. Despite listing an office in Switzerland in its contacts, there is no mention of such a legal entity in the Swiss registry. This means it is definitely not registered in that country. Furthermore, the company’s documents state that all disputes with traders will be resolved under the laws of Saint Vincent and the Grenadines. However, there are no companies with the name IC-Crypto in that jurisdiction either.
Another crucial aspect to consider is the broker’s claimed duration of operation. The website states that the company was founded a long time ago, but a domain check reveals the project’s creation date. The Whois service indicates that the domain was registered on October 12, 2023. Clearly, such a short period of operation does not align with the profile of a reputable broker.
Upon hearing from an acquaintance, I learned that IC-Crypto is a fake broker draining the deposits of unsuspecting traders. Their deceptive practices, such as promising profitable trading with professional analysts and providing lucrative investment opportunities, follow classic phone scam methods. Those considering investing with this shady dealing center are likely to lose their money entirely, as the reviews indicate a high probability of scams by these fraudsters.
Whenever I saw a brokerage center offering trading with a minimum deposit of $250, it turned out to be a scam in the end :) All companies with a $250 minimum deposit eventually closed. I even kept a record of these companies, and the result was 100% accuracy; all the websites are no longer operational. The fact that this company segregates tariff plans based on the minimum deposit is a glaring red flag. I've NEVER seen licensed and reputable brokers use such a method to differentiate their plans.
Signed up to test the waters with this broker and see if they're for real or just talkin' smack about withdrawals. Guess what? Haha! They totally left me high and dry! Well, tough luck! Karma's got your number, folks!
IC-Crypto presents itself as a real brokerage firm but turns out to be a scam. After registering and trading for about two weeks, I went on vacation. Upon my return, I couldn't access my account due to unexplained errors. Attempts to reset the password were futile, and the promised email with the password never arrived. This incident, coupled with their numerous downsides, paints IC-Crypto as an unreliable platform.
IC-Crypto is fraudulent. It should be avoided at all costs. The company, founded by anonymous criminals, falsely claims to be based in Switzerland. However, no physical or legal existence of such a company can be verified. The absence of offices, legal entities, and the recent domain registration in October 2023 raise serious concerns. Engaging with this pseudo-brokerage organization is synonymous with falling victim to money scams.
Expressing anything positive about this brokerage of scammers and fraudsters seems impossible. It's evident that the company operates illegally in the UK. Their online presence is virtually nonexistent, with no social media presence or reputation in forums. The absence of any mention in the Swiss registry and the lack of a license raise red flags. Trying to register resulted in a failure.
I have no complaints about this brokerage company. It fulfills its obligations excellently. In other words, trading profitably here is entirely possible, and no one will hinder you or create obstacles to make you lose money. There is indeed no nonsense of that sort here.
Newcomers can easily fall victim to the fraudulent company called IC-Crypto. I actively browse websites and forums, leaving negative comments about this fake scam to protect as many people as possible from the mistake of depositing funds with this fraudulent entity. The absence of a license indicates illegal activities, a clear warning sign against investing money here. Moreover, online discussions about the company are overwhelmingly negative and expose its deceptive practices. Many trading conditions in IC-Crypto are intentionally undisclosed, likely to prompt individuals to provide their contact information and engage with manipulative sales managers ready to exploit people for money.
My personal manager at IC-Crypto finally started yielding positive results. The initial uncertainties turned into a growing deposit. However, despite the positive experience, it's crucial to consider the numerous negatives associated with this broker and approach with caution.
Regrettably, I ventured into this mess. Fortunately, I lost a relatively small amount by my personal standards. If I had invested all my savings and the broker had deceived me, I might have been forced to jump from the roof in despair. Instead, I'm just stressing out for a few days because losing money is always unfortunate. It would have been better to gamble in a casino and at least derive some pleasure. Now, I find myself unable to withdraw my funds from IC-Crypto, and I'm uncertain about what to do next.
I embarked on active day trading through IC-Crypto for a month, and it lived up to its promises. The safety, customizable interface, quick platform, and flexible spreads were genuine 👍 Notably, the professional managers demonstrated a supportive attitude, aiding newcomers in smoothly navigating the trading platform.