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Is CrystaLeada Scam Broker? 

CrystaLead has a similar name to a marketing site, but this review discusses CrystaLead the broker that claims to trade stocks, cryptocurrencies and commodities. This broker claims to be located in Ireland, but its actual location is uncertain as are the people behind this company. It does not seem to be regulated and has been the subject of a warning put out by the British Columbia Securities Commission.

Is CrystaLead a Scam or Legit Broker?

There are many fraudulent brokers, but to be mentioned in a warning by a major regulator is of course not a sign. The first question we would ask anyone who still wants to open an account with CrystaLead is “Why?” There are hundreds of brokers with top-tier licenses and proven track records to choose from. There is no reason to open an account with CrystaLead, which has no license or visibility into its operations. 

Here are some problems we have discovered from our research on CrystaLead and reviews:  

  • No license
  • Warning from British Columbia Securities Commission
  • No transparency about location or staff
  • Bad reviews

ChargeBax experts have examined CrystaLead and have discovered that it is a scam. If you want to trade, do some research and select only a regulated broker. If you need assistance finding a reliable broker or require fund recovery from a scam broker, consult with our professionals right away. 

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