Cryptostack FxTrade is an online broker that offers trading services for a variety of financial instruments, including forex, CFDs, and futures. In this article, we will discuss whether It is a licensed broker, and why it is important to only trust licensed brokers. We will also explore what traders think of Cryptostack FxTrade, and provide information on what to do if you have been scammed by this broker.
Is Cryptostack FxTrade a Licensed Broker?
It is important to confirm that a broker is licensed before you begin trading with them. We did not find any information about their license on their website. We tried to get the information about their mother company, but no luck as usual.
Why Should You Not Trust an Unlicensed Broker?
Trading with an unlicensed broker can be risky because they are not required to follow the same regulations and standards as licensed brokers. This means that they may not act in the best interests of their clients.
Can Cryptostack FxTrade Be Trusted?
As there is no information on their license or regulation information, it is clear that they should not be trusted.
What Do Traders Think Of Cryptostack FxTrade?
Traders are not happy with them as they don’t have any clear communication channel, shady withdrawal policy, and no customer service, traders are providing their bad reviews.
Scammed by Cryptostack FxTrade Broker? – Talk To Our Experts
If you believe you have been scammed by Cryptostack FxTrade, just submit a report to us. We can help you with free consultation and service recommendations. Also, if needed we can provide legal help too.