ANSWER MARKET BY CRYPTO TRADE is an unregulated broker and we strongly suggest you avoid the platform.The information provided by MARKET BY CRYPTO TRADE regarding its regulatory status turns out to be false. While it claims to be regulated by the Cyprus Securities and Exchange Commission (CySEC) and the Financial Sector Conduct Authority (FSCA), there are no matching records in the registers of both regulators.What's more, the Financial Conduct Authority (FCA) has issued a warning against MARKET by Crypto Trade, saying it is illegally targeting British residents without their authorization.Therefore, BrokersView has concluded that MARKET BY CRYPTO TRADE is a scam. Entrusting the platform with your money or personal information is highly risky, as there are no rules in place to prevent fraud or theft. To safeguard investors' interests, it is advisable to steer clear of unregulated brokers like MARKET BY CRYPTO TRADE and choose a fully regulated one.
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