Cryptocurrencies may be exciting, but look before you leap when it comes to crypto trading. The brokers and crypto trading services on the list have been flagged as suspicious. After receiving alerts about them, Chargebax professionals examined each one and have verified that they are indeed suspicious and that consumers should avoid them.
Our team makes it our business to stay up to date with online scams, particularly crypto scams. In just a few years, bitcoin, ethereum, dogecoin, and other digital assets have exploded onto the scene. Not a day passes that there isn’t a new headline about new crypto opportunities as well as crypto frauds that steal millions from customers.
Chargebax is here to protect you. We have fully investigated these brokers and crypto trading services after receiving alerts and have found recurring issues. If you see a broker below, they are on the list because one or several of the following reasons:
- Not licensed or Offshore license
- False guarantees to clients
- Negative reputation
- Non-Compliance
- Official warnings
We do not simply add a broker to this list because of a few negative customer reviews. Although customer reviews are a tool for investigation, not all of them are authentic. Given our extensive experience tracking down funds on the blockchain on behalf of our clients, we are familiar with patterns crypto frauds use and have developed proprietary methods for spotting problem brokers.
We recommend that you avoid all of the brokers and financial services on this list. They are likely all crypto scams and it is not worth taking the chance. If you want to find out more details about a specific broker, click on the name of the broker and read the review for details.
If you have an account with any of these brokers, we recommend that you close it immediately and request a withdrawal of all of your funds. If you do not receive a withdrawal from them, contact Chargebax experts right away. We can help you track down your funds on the blockchain.
Broker List 2022
Report a Scam and File a Chargeback CapitalFunds
Should You Trade with CapitalFunds?CapitalFunds is a problematic broker. It has been flagged by the FCA for lacking a license and providing misinformation on its
Report a Scam and File a Chargeback Chelsea Investments
Should You Trade with Chelsea Investments? There’s a lot of buzz about automated trading. There’s nothing wrong with this, as long as the broker offering
Report a Scam and File a Chargeback 24StockOptions
Should You Trade with 24StockOptions Trade? If the name 24StockOptions Trade sounds familiar, it’s because it’s taking a similar name to a regulated broker 24
Report a Scam and File a Chargeback Trade Baionics
Should You Trade with Trade Baionics? Trade Baionics claims to be “the world’s leading broker.” However, they seem to want to be obscure regarding who
Report a Scam and File a Chargeback Bitcoin Luxembourg
Should You Trade with Bitcoin Luxembourg? A broker may try to seem reliable, but few things can polish up a broker’s image if they have
Report a Scam and File a Chargeback Capital Forex Live
Should You Trade with Capital Forex Live? Capital Forex Live is a broker that doesn’t even manage to complete the good impression it’s trying to