We use cookies to improve your experience on WeConnectFX.

Crypto Rocket logo

Crypto Rocket

Visit

Risk Level - High

Scam Evidence & Warnings

!

The Spain CNMV Added Crypto Rocket into Its Warnings On 7 Feb 2022, the Spain Comisión Nacional del Mercado de Valores (CNMV) issued a warning that Crypto Rocket is not authorised to provide the investment services in Spain. You may visit: http://www.cnmv.es/Portal/ResultadoBusqueda.aspx?tipo=1&nombre=cryptorocket.com

!

BrokersView has Reviewed that Crypto Rocket is an Unregulated Forex Broker Crypto Rocket claims to be registered with Saint Vincent and the Grenadines Financial Services Authority (SVG FSA) with registration number 25026IBC2018. We searched SVG FSA and found a matching result. However, please be informed that SVG FSA does not regulate forex brokers or issue forex licenses. So having the registration does not mean being authorized to provide financial services. Moreover, the Spain Comisión Nacional del Mercado de Valores (CNMV) issued a warning that Crypto Rocket is not authorised to provide the investment services in Spain. The British Columbia Securities Commission (BCSC) also issued a warning against Crypto Rocket for its offering of financial services to BC residents without authorization.The truth is that Crypto Rocket 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.

!

The regulator BCSC issued a warning against Crypto Rocket The British Columbia Securities Commission (BCSC) issued a warning against Crypto Rocket on Feb 27, 2023, for its offering of financial services to BC residents without authorization: https://www.bcsc.bc.ca/enforcement/early-intervention/investment-caution-list/2023/crypto-rocketsfxcom

!

Bank of Russia added Crypto Rocket to its warning list The Bank of Russia’s warning-list entry dated 8 April 2022 identifies Crypto Rocket and the websites cryptorocket.com and www.cryptorocket.com. The authority recorded signs of illegal activity as a professional participant in the securities market. The entry concerns the named operation and domains in the Russian regulatory context. It is a regulatory warning, not a criminal conviction or a decision resolving individual withdrawal claims. The date of the warning entry is 8 April 2022; a later date in the webpage footer does not make it a new enforcement action.

!

I want to know what licenses Crypto Rocket has plz. Crypto Rocket is a broker that is not licensed to offer financial services or products, even though they may offer seemingly attractive deals.Crypto Rocket claims to be the trading name of CryptoRocket Limited, registered in St. Vincent and the Grenadines, a well-known offshore center. We did find this company in the Financial Services Authority of St. Vincent and the Grenadines (SVG FSA). However, one must keep in mind that the SVG FSA has no legal authority to issue forex licenses and regulate forex activities. Therefore, Crypto Rocket is not subject to any regulation for offering financial services or products. More importantly, there are two financial regulatory bodies issuing warnings against Crypto Rocket for providing unauthorized financial services or products, they are:1) the Spain Comisión Nacional del Mercado de Valores (CNMV), and you can check the warning from here;2) the British Columbia Securities Commission (BCSC), and you can check the warning from here.Regarding your question, Crypto Rocket is not regulated. Letting this broker hold and control your funds or trading with them is very risky, as there are no safeguards in place to prevent fraud and theft. Therefore, we strongly suggest investors avoid dealing with unlicensed brokers like Crypto Rocket and choose fully regulated ones instead. View Source

Reviews

Please sign in or register to share your experience

No reviews yet for this broker. Be the first to leave one!

Dashboard Home Brokers Brokers Prop Firms Props