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 ETH-Banko
Should You Trade with ETH-Banko? ETH-Banko may put forward many promises, but in the end, they are like many other unregulated brokers–all talk, no proof of
Report a Scam and File a Chargeback Zhong Huang
Should You Trade with Zhong Huang? Zhong Huang is an unregulated financial operation that engages in spam and other underhanded tactics to get clients. They
Report a Scam and File a Chargeback SICH Capital
Should You Trade with SICH Capital? The SICH Capital website is full of typos and fluff. Although website content is not the most important consideration
Report a Scam and File a Chargeback FuturesTrade-io
Should You Trade with FuturesTrade-io? FuturesTrade-io is one of those brokers that demonstrates the importance of doing full research into financial services. It promises its
Report a Scam and File a Chargeback SwiftFX
Should You Trade with SwiftFX? SwiftFX seems like a regular broker that offers usual trading services, such as forex and other assets, but it should
Report a Scam and File a Chargeback WillFX
Should You Trade with WillFX? The first impression many people get of a broker is its website. WillFX does not have a very organized or
