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.
|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|
|Trading Platform:||Proprietary platform|
|Deposit Bonus:||No Bonuses|
|Crypto Asset Trading:||Available|
|CFD Trading Option:||Yes, you can trade CFDs|
|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.
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.
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?
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:
- 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!
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