WikiFX Review: What you should know about Forex Crypto Master

Forex brokers are mixed at present, how should investors choose among these many Forex brokers？ This article takes Forex Crypto Master as an example and discuss whether the forex broker is trustworthy.

Forex Crypto Master is a regulated broker with offices in the United States, it is claimed that it has long provided high-quality dedicated forex services and now is one of the most effective brokers in the world.

To get a better idea of the broker, let's first go to their official website (www.forexcryptomaster.com).

When I attempt to connect their website, google alert me that the link was not secure and that attacks might be trying to steal your information (e.g. passwords, messages or credit cards) from obgfx.cc.

I'm curious that why the official website would be alerted by Google？ Googles tips more or less prove that the site is not secure, We should be alert to avoid any unnecessary trouble.

After forcing access to the website, we can see that the companys claims to be one of the world's leading binary option brokers and has an award winning binary option platform.

Please note: The Financial Conduct Authority in the UK issued a statement as early as 2017, the sale of all binary options to retail consumers is now banned. If you are offered binary options, it is probably a scam. WikiFX warns that “binary option” scams are popping up and you should be on your guard.

In addition, Forex Crypto Master just shouted that they had a “winning platform”, but there was no button or entry to the platform. WikiFX can't access the platform and verify if it meets the industry standards, let alone experience “virtual transactions” on the “winning platform”.

Forex Crypto Master claims to be an advanced investment platform based in USA. Let's see if it is regulated and authorized by the local regulator first. After all, broker without authorization are illegal to offer any financial products and services.

As can be seen from the figure above that the search page shows“ no search results for Forex Crypto Master”, which makes it clear that this broker is not regulated by the NFA. It also means that Forex Crypto Master at high risk, engaging any financial activity with Forex Crypto Master is not regulated by CySEC. WikiFX recommend trading with a regulated, legitimate broker instead.

Therefore, how can an average investor determine whether a broker is a black platform？ It's as simple as opening your phone and searching the broker name on WikiFX. For example, Let's search “Forex Crypto Master” on WikiFX APP to find out more about this broker. WikiFX is an authoritative global inquiry platform providing basic information inquiry and regulatory license inquiry. WikiFX can evaluate the safety and reliability of more than 36,000 global forex brokers. WikiFX gives you a huge advantage while seeking the best forex brokers.

As you can see, based on information given on WikiFX (https://www.wikifx.com/en/dealer/2823251118.html) , Forex Crypto Master currently has no valid regulatory license and the score is rather negative - only 1.12/10! WikiFX will give brokers a composite score in five categories: license index, business index, risk control index, software index and regulatory index. Since Forex Crypto Master does not have any supervision and does not obtain a regulatory license, the license index, risk control index and regulatory index all score 0, and the final total score is 1.12 (out of 10). Investors can see the overall situation through WikiFX, with higher scores indicating a more reliable broker.

In a nutshell, it's dangerous to invest in Forex Crypto Master. The so-called brokerage firm may lead you into a trap. WikiFX reminds you that forex scam is everywhere, you'd better check the broker's information and user reviews on WikiFX before investing.

You can also expose forex scams on WikiFX. WikiFX will do everything in its power to help you and expose scams, warn others not to be scammed. In addition, scam victims are advised to seek help directly from the local police or a lawyer.

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