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ONECRYP.TO

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Operating status: SCAM

Website: https://onecryp.to/

Broker violations and abnormal records
  • 2023-05-25 BrokersView has Reviewed that ONECRYP.TO is an Unregulated Broker

    According to its website, ONECRYP.TO is located in Indonesia. However there is no matching information was found in the OTORITAS JASA KEUANGAN (OJK).

    The truth is that ONECRYP.TO is not regulated by any regulators. Letting it hold or control investors' money is unsafe, and the money can not be protected by any laws. Therefore, it is a scam.

    According to its website, ONECRYP.TO is located in Indonesia. However there is no matching information was found in the OTORITAS JASA KEUANGAN (OJK).The truth is that ONECRYP.TO is not regulated by any regulators. Letting it hold or control investors' money is unsafe, and the money can not be protected by any laws. Therefore, it is a scam.

Related Complaints

Q&A

Could you verify the regulation of ONECRYP.TO?

Gianfranco Frigeni
Mozambique
2023-06-19
ANSWER ONECRYP.TO is an unlicensed broker that we advise against trading with despite the seemingly attractive deals it offers.ONECRYP.TO fails to disclose its regulatory information and licensing data, which is a clear scam indicator. Legitimate brokers always prominently display their accreditation and licenses to instill trust and transparency, whereas the lack of information thereof may suggest the status as an unlicensed broker. Furthermore, given its claim that it is located in Indonesia, we searched for it in the register of Otoritas Jasa Keuangan (OJK) but found no matching entries. As such, ONECRYP.TO falls outside the regulatory framework.Regarding your question, ONECRYP.TO is under no regulations. It carries significant risks including financial losses and identity theft, as there are no rules in place to safeguard investors. Therefore, to avoid such risks, we strongly suggest investors stay away from unlicensed brokers like ONECRYP.TO and choose fully regulated ones instead.
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