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EU Crypto Bank Broker Review – Read Why Is Fraudulent

EU Crypto Bank Scam Trading Platform

EU Crypto Bank broker doesn’t look like a trustworthy firm with a rather unconvincing website. However, we didn’t want to base an opinion just on the lousy website, so we did dig deeper.

So, read our trusted EU Crypto Bank review and find out everything about the brokerage.

But firstly, we want to invite you to read our recently updated InstaForex, TradedWell and Primefin scam broker reviews. Your funds are in danger with them!

Broker Status:Unregulated Scam Broker
Regulated by:Unlicensed Company (No Regulation)
Operating Status:Active Forex Trading Scam
Blacklisted as a Scam by:N/A
Broker Owner:N/A
Headquarters Country:N/A
Foundation Year:N/A
Online Trading Platforms:WebTrader
Mobile Trading:Via web browser
Minimum Deposit:$250
Broker Deposit Bonus:Available as margin loan – up to 100%
Crypto Assets:Available
Available Trading Assets:Currency Pairs (FX), Commodities, Indices, Shares, Cryptocurrencies
Maximum Leverage:1:400
Islamic Account:Not Available
Free Demo Account:No, only live trading accounts
Accepts US Clients:US traders are not accepted
Global Fraud Protection Experts’ Verdict:Don’t Invest in This Scam Broker!

Is EU Crypto Bank Safe And Regulated?

Lately, many new companies are using indistinctive names not to be discovered and exposed as fraud. However, besides the name itself, we have nothing else on the EU Crypto Bank forex firm. No owner, no regulation, no governing law. We’ve checked several EU registers, such as FINMA, BaFin, CONSOB, and more, looking for EU Crypto Bank’s regulation, but found nothing.

What’s Wrong With EU Crypto Bank License?

The real question here would be whether the EU Crypto Bank is regulated, and the answer is no. So, there’s nothing wrong with the license, it’s non-existent.

So, If you decide to start trading, look for a Tier 1 regulated brokerage since these authority bodies oblige brokers to form compensation funds of a minimum of 700,000 EUR.

EU Crypto Bank Login Problems – One Of The Red Flags

If despite everything, you decided to start investing with the broker, you might notice some problems. According to clients, login issues frequently repeat when you ask for a payout.

If you cannot log in to your trading account for more than a few hours and you get no support from your account manager or company’s customer support, report it immediately.

So, don’t wait till you become the next victim of the EU Crypto Bank scam – prevent it in time.

Moreover, think twice before taking any risks while investing money in NovaTechFX, Lirunex or Gloffix brokers.

EU Crypto Bank Reviews – The Truth About Trading Scam

If you’ve ever watched X Files, then you know the famous sentence “the truth is out there.” Unfortunately, trading with the EU Crypto Bank reminds us of one of the X-Files episodes, as clients are having a horror scene when trying to withdraw their funds, and the truth about the withdrawal request is really “out there.”

Alleged account managers will say just about anything to persuade you not to submit a request, and if you’re still persistent, be assured you will not access your trading account any time soon.

Supported Trading Platforms – Available Trading Software

Sadly, the EU Crypto Bank trading platform is a web trader. Since it’s a proprietary website and the broker can control everything you do there, we advise you to avoid it. Also, there’s nothing spectacular in having a TradingView chart with a couple of indicators attached. If you’re looking for real trading experience, other than regulation, you should look for a brokerage providing MT4 or MT5. 

Since the platform is on the web, there’s no mobile app to download, and you can only hope you’ll be able to log in using your Android or iOS browser.

EU Crypto Bank Available Platform

EU Crypto Bank Trading Instruments – What Can I Trade?

The broker offers various trading assets, including:

  • Currency pairs (Forex)
  • Commodities
  • Indices
  • Shares
  • Cryptocurrencies

As there’s no Demo account, we were unable to tell you further. What we do know is that the leverage goes up to 1:400, while the spread allegedly starts from 0.1 pips.

Trading Accounts – Account Types

This scam broker offers 6 different account types, including:

  • Basic
  • Bronze
  • Silver
  • Gold
  • Vip
  • Pro

Of course, the main differences are in the necessary funds, but also leverage and perks such as personal tax adviser, percentage of a margin loan, lower spreads, and quality of an account manager.

Additionally, EU Crypto Bank’s minimum deposit for a Basic account is $250 while upgrading to Bronze will cost you $10,000.

Demo Account

Besides standard Live accounts, the EU Crypto Bank brokerage doesn’t offer Islamic or Demo accounts. There are 7 days of free trial for the Basic account, but only after making a deposit.

EU Crypto Bank Withdrawal Issues – No Money Withdrawal Guarantees

As there’s no regulator, no compensation fund, and no governing law, there’s no withdrawal guarantee as well. Despite everything you do, you cannot be confident that you will get a payout once you ask for it.

In fact, based on the experience of many traders, it will most likely be the opposite – you will never see your funds back unless you file a dispute and request a chargeback.

What to Do If You Fall For An EU Crypto Bank Scam? – File A Complaint

Long story short, if you were scammed by EU Crypto Bank, you should file a dispute immediately. Global Fraud Protection has received numerous complaints against this fraudulent brokerage and has helped many with the refund process.

Contact us via online chat, book free consultation, and let’s find the best money-back solution for you!

Don’t Let the Scammers Go Away for Free!

FAQ Section:

What Is An EU Crypto Bank, And Should I Invest Money In It?

Basically, this is an online trading brokerage without regulation that you shouldn’t invest in. Think twice before taking any risks while investing money!

What Is the EU Crypto Bank Minimum Deposit?

Broker requires a minimum of $250 to start trading and get access to the platform.

Are My Funds Safe With EU Crypto Bank?

Since the company is not regulated, your funds are not safe with the EU Crypto Bank.