In this section we will analyze the broker Crux24 (also called crux24.com), is a Forex, Cryptocurrency and CFD broker. Is Crux24 really recommended to make an investment? Or is it better not to invest with this company? Is it a safe broker? Is a gotcha? We will help you determine it.
You might be wondering why we reviewed Crux24. It is because we have received some messages from clients asking about the company, and we like to think that our reviews page helps investors, by providing key information about the company, we disclose information that every investor should know before leaning or not, for invest with an investment company.
We carry out this review and assessment, due to the fact that we receive different messages and comments asking about the reliability of the company in question.Are you a representative of this company? Leave a comment responding to customer concerns.
Essential information: Who does it belong to? Where is located? Is it a regulated broker?
The broker mentions being part of: does not mention it.
As to its location, the broker mentions being based in: Saint Vincent and the Grenadines.
If we analyze the regulation of the broker: they do not mention anything about being a regulated broker, we believe that it is an UNREGULATED broker.
If now we go on to analyze account types offered by Crux24, we note that they offer 4 different types of account / plans: Silver Account, Gold Account, Diamond Account and VIP Account. We leave an image with a little information about each type of account.
Account Silver- Minimum initial deposit of $ 250.
Gold Account- Minimum initial deposit of $ 5.000.
Diamond account- Minimum initial deposit of $ 10.000.
VIP account- Minimum initial deposit of $ 50.000.
In the following image you can have more information about the types of account. Click here to see the image in full size.
Las platforms to operate that Crux24 offers are: MT4 platform.
We will now analyze the different resources and aids for traders that Crux24 provides on its website. We believe that the resources and help provided on the website can be a point in favor of the broker.
Crux24 provides the following help or resources to traders or interested parties: some live charts, explanation of the financial products that Crux24 offers, basic explanation of the MT4 platform, some educational sections, not really much more than this.
| Other information about Crux24 |
Some more information in case you want to contact the company, or see its website for yourself.
Phone number: 87 52 233 116
>>> Assessment on Crux24 <<
Ending with this section, in our opinion Do we believe that the Crux24 company is reliable? Should you invest your money with the company?
The truth is that, we believe that it is better to be careful because: it is an unregulated broker, it is based in very unsafe countries, when looking for reviews about Crux24 we really did not find any other reviews, which makes us think that it is a broker without a track record. We suggest using caution. The CONSOB (Italian financial regulator) has added Crux24 to its blacklist of unauthorized brokers.
Medical Attention: in June 2020 hemeIt's noticed that the Crux24 website is practically identical to that of CruxINV, another broker warned by the Italian regulator. We believe that these two brokers are connected
⛔ Attention ⛔ : in November 2020 CNMV added Crux24 to your list of fraudulent financial companies, for acting without authorization. ⛔ WE SUGGEST EXTREME CAUTION ⛔
➡️ Link to the ⚠️ November 2020 CNMV warning
We always recommend working only with properly regulated companies, isn't it better to have the protection of a good regulator? Is it worth the risk if there are much safer options to invest?
You have to understand that one of the few measures that really ensure the clients' money is the regulation of the broker, that is, it is probably the most important thing in any broker; THAT IT HAS A GOOD REGULATION, DO NOT BE FOOLED. Good regulation means that there is an authority to which, in case of misunderstandings or problems, customers can complain.
What is your opinion? Have you traded with this broker? Are you a customer? Do you think our opinion is not correct? We invite you to collaborate with us and vote, you can also leave a comment on our website with your experience if you are a client of the broker.
We leave a vote open so that traders, clients and users of the broker can vote.