DigitalReviewCenter
Warning: Is Crownfxmarket a Scam?
⚠️ Crownfxmarket has been reported by the The Central Bank of Russian Federation (Russia).
Be careful of Crownfxmarket (crownfxmarket.com); it displays several indicators of a scam. The company details are opaque and suspicious.
Review: Crownfxmarket (crownfxmarket.com)
Our team strongly urge you to stay away from Crownfxmarket (crownfxmarket.com).
Crownfxmarket presents itself as a trading platform, but it appears unlicensed by any top-tier commission.
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Safety Analysis: Crownfxmarket
Crownfxmarket runs without supervision.
Investing with unregulated entities is highly risky. Legitimate firms are must be licensed with bodies like the FINRA or FCA for your protection.
Crownfxmarket operates without this supervision. As a result, there is no protection if they steal your funds. Most online scams use unlicensed entities, and recovering funds from them is hard without expert assistance.
For example, in the UK, unlicensed firms are outside the jurisdiction of the Financial Ombudsman. In the US, they are not part of regulatory bodies, so your capital is at risk.
Warning Signs of Crownfxmarket
Online trading fraud is evolving. Fraudsters use manipulation to take your savings. Here are typical tactics seen in sites similar to Crownfxmarket (crownfxmarket.com).
The "Romance" Trap
"Pig Butchering" is a brutal tactic where scammers build trust over weeks. They fake a romance on social media. Eventually, they mention a special crypto opportunity. It is a lie to get you onto a fake platform .
The "Bonus" Trap
Fraudsters build websites that mimic real trading apps. You see graphs and profits that go up. But it is a simulation. The broker manipulates the prices to make you feel rich to deposit more. When you try to withdraw, the "profits" disappear.
Other Warning Signs
- Cold Calling: They call you from "brokers" you don't know.
- Unregulated: The firm lacks authorization.
- High Returns: They guarantee 1% daily returns with no risk.
- Cannot Withdraw: They refuse withdrawals. They ask for "tax fees" before releasing funds.
- Aggressive Sales: Agents pressure you to invest bigger amounts.
Do not trust positive ratings. Scammers frequently write their own 5-star reviews to appear real.
Verdict
We do not recommend Crownfxmarket. It is likely a fraud. Save your funds and find a regulated broker. Avoid crownfxmarket.com at all costs.