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CryptocurrencyXpress

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Risk Level - High

Scam Evidence & Warnings

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The UK FCA Added CryptocurrencyXpress into Its Warnings On 29 Apr 2022, the United Kingdom Financial Conduct Authority (UK FCA) issued a warning that CryptocurrencyXpress is providing financial services or products in the UK without authorisation. You may visit: https://www.fca.org.uk/news/warnings/cryptocurrencyxpress

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BrokersView has Reviewed that CryptocurrencyXpress is an Unregulated Forex Broker CryptocurrencyXpress claims to be registered with Companies House of United Kingdom and regulated by serveral regulators. However, only three forex regulators in its "Regulation" is really, which includes the United Kingdom Financial Conduct Authority (UK FCA), the Cyprus Securities and Exchange Commission (CySEC), and the National Futures Association (NFA) of the United States, ID: 0208885. First, we searched CySEC but found no matching result. That means CryptocurrencyXpress is not authorized to provide financial services by CySEC. Second, we searched NFA and found the broker is not under the valid regulation of NFA because it is not an NFA-member. Moreover, UK FCA issued a warning that CryptocurrencyXpress is providing financial services or products in the UK without authorisation.The truth is that CryptocurrencyXpress 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.

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BrokersView has identified that CryptocurrencyXpress's website is currently offline BrokersView found that the domain "https://cryptocurrencyxpress.com/en/index.html" is currently inaccessible. This is widely regarded as a significant red flag, as the suspension of a broker's website often points to underlying regulatory or operational issues.

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