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Crypto Network Expert

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Operating status: SCAM

Website: https://www.crypto-networkexpert.com/

Broker violations and abnormal records
  • 2023-06-15 The UK FCA issued a warning against Crypto Network Expert

    On June 16, 2023, the Financial Conduct Authority (FCA) issued a warning against Crypto Network Expert, believing this broker might be providing financial services or products without proper authorization: https://www.fca.org.uk/news/warnings/crypto-network-expert

    On June 16, 2023, the Financial Conduct Authority (FCA) issued a warning against Crypto Network Expert, believing this broker might be providing financial services or products without proper authorization: https://www.fca.org.uk/news/warnings/crypto-network-expert
  • 2023-06-18 BrokersView has reviewed that Crypto Network Expert is an unregulated broker

    Crypto Network Expert claims to be located in the UK while fails to obtain the required authorization from the Financial Conduct Authority (FCA). Therefore, the FCA issued a warning against Crypto Network Expert to warn the public of the scam.

    In essence, Crypto Network Expert is not regulated by any governing body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. It is unequivocally a scam.

    Crypto Network Expert claims to be located in the UK while fails to obtain the required authorization from the Financial Conduct Authority (FCA). Therefore, the FCA issued a warning against Crypto Network Expert to warn the public of the scam.In essence, Crypto Network Expert is not regulated by any governing body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. It is unequivocally a scam.

Related Complaints

Q&A

How much commission do they charge?

Githz
Namibia
2023-07-05
ANSWER Crypto Network Expert is an unlicensed broker that we advise against trading with, despite the seemingly attractive deals it offers.Crypto Network Expert, in an attempt to appear real, provides an address in the UK, where almost all market participants are required to seek authorization from the Financial Conduct Authority (FCA) if they offer financial services or products. However, the FCA has placed Crypto Network Expert on its warning list and cautioned the public of the scam as it is operating without their authorization. You can read the full warning here.Regarding your question, we strongly suggest you exercise extreme caution and avoid dealing with Crypto Network Expert as it is an unlicensed broker. The fraudulent trading platform carries significant risks involving financial losses and identity theft because there are no rules in place to safeguard investors' interests. Therefore, investors are encouraged to stay away from unlicensed brokers like Crypto Network Expert and instead choose a fully regulated one to mitigate such risks.
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Risk Warning:

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