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KryptoEUClub Broker Review – Scam Hunts German Traders

Broker KryptoEUClub Review

KryptoEUClub broker, also known as KClub, presents itself as the leading brokerage for the crypto market. Furthermore, they explain all about giving you immense tools and providing you with comprehensive knowledge.

Also, we’ve discovered many issues that will be presented to you in our trusted KryptoEUClub review.

But firstly, we want to invite you to read our Almahfaza, AG Markets and OpoForex scam broker reviews.

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:Mandarella Ltd
Headquarters Country:Commonwealth of Dominica
Foundation Year:2021
Trading Platform:Proprietary platform
Mobile Trading:Available
Minimum Deposit:N/A
Deposit Bonus:No Bonuses
Crypto Asset Trading:Available
CFD Trading Option:Yes, you can trade CFDs
Trading Instruments:Cryptos
Maximum Leverage:N/A
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!

KryptoEUClub Regulation – No Regulatory Oversight

To begin with, KryptoEUClub forex brand is owned by Mandarella Ltd from the Commonwealth of Dominica. Since this offshore country is not entirely known for firm regulations, we’ve had to check whether the company is even registered as a financial service provider.

Moreover, as suspected, it turns out that KryptoEUClub’s regulation doesn’t exist, and the broker doesn’t belong under any regulatory oversight. It practically means it operates illegally, and you have no guarantees to get any withdrawals.

What’s Wrong With a License? – Beware Of Investment Fraud

Many companies were established in 2021, away from regulations and any sort of legal obligations. Their utmost goal is to extort the money and disappear. Since we’ve already determined that broker KryptoEUClub is one of those sorts, be very careful.

If you decide to start investing, always look for a Tier1 regulated firm holding FCA, ASIC, BaFin, or a similar license.

Where Is KryptoEUClub Trading Scam Active?

According to KryptoEUClub reviews, the broker is mainly active in Germany and Bulgaria. It seems that it has a special thing for German clients and has defrauded numerous people there.

However, the KryptoEUClub trading scam has no boundaries, and you should be very careful when involving yourself in the business with this investment firm.

In addition, you should beware of scammers such as NorthProfit, Moneta Markets and Astra Horizon.

Trading Platform Review

There’s not much to say when it comes to the KryptoEUClub trading platform. The broker offers a proprietary platform without too many details about it.

Klub Platform

The broker itself developed the Klub platform that serves as its trading software. Allegedly, it’s intuitive and user-friendly, with quick execution rates, simultaneous monitoring of several trades, and 24/7 access.

Yet, there’s no word on what actually matters, such as indicators and charts you will have access to.

To sum up, all we know is that the KryptoEUClub login to the platform is available for all devices, including Android and iOS.

KryptoEUClub Trading Instruments – What Can I Trade?

KryptoEUClub Assets

As aforementioned, KryptoEUClub focuses mainly on cryptocurrencies, which is the primary asset. What concerns us is the lack of information about trading conditions, such as the leverage and spread. The number of assets also remains unclear.

Above all, we see logos for Bitcoin, Ethereum, Ripple, and several more major crypto, yet, there’s no specific list. Since there’s no KryptoEUClub Demo account and we were unwilling to invest our money with a fraudulent broker, that’s all we can tell.

Besides trading conditions, you won’t be able to find information about KryptoEUClub bonuses or any other important thing.  

KryptoEUClub Withdrawal Methods

Meanwhile, if you have been involved with the brokerage and want to withdraw the money, we can already say you may experience issues.

However, according to the website, there are several methods to use, such as:

  • Cryptocurrencies
  • Debit/credit card
  • Wire transfer

Once you submit a request, you will be prompted to submit documents such as invoices, ID, and others. The minimum withdrawal for cards is $100, while for wire transfer, it’s $250.

Since KryptoEUClub’s minimum deposit hasn’t been disclosed, we find it odd that they bothered to put a limit on withdrawals.

The broker reserves the right to delay your withdrawal if your account is suspended due to being engaged in prohibited activities.

It sounds like too much freedom, leading to a KryptoEUClub scam.

Scammed By KryptoEUClub Broker? – Talk To Our Recovery Experts

To clarify, Global Fraud Protection received numerous KryptoEUClub complaints and decided to react and assist victims in getting a refund. It’s important to know there’s nothing to be ashamed of, and you should report the fraud immediately. You’re not the only KryptoEUClub scam victim, but you shouldn’t leave it at that. 

Contact us via online chat to book a free consultation with our chargeback specialists, and let’s get your money back before it’s too late.

All In All, Don’t Let the Scammers Get Away for Free!

FAQ Section:

What Is KryptoEUClub, And Should I Invest Money In It?

Basically, KryptoEUClub is an online trading CFD provider based in the Commonwealth of Dominica.

Can I Trade Cryptocurrencies And CFDs With KryptoEUClub Broker?

Yes, you can trade crypto through CFDs with a KryptoEUClub broker.

Are My Funds Safe With KryptoEUClub?

Since the broker is offshore and unregulated, your funds are not safe with KryptoEUClub