About Connected Crypto Trades Markets
Overview
Connected Crypto Trades Markets is a brokerage entity registered in the United Kingdom, listing its address at 55-61 High St, Eltham, London SE9 1TD. According to public incorporation records, the firm was established on 8 May 2023. However, the broker does not hold any recognised regulatory licence from the UK Financial Conduct Authority (FCA) or any other major financial regulator.
This absence of regulatory oversight is a critical factor for potential traders. The broker operates under the domain cct-innovationmarkets.online, which is not linked to any verified financial services register. As a result, traders should approach with extreme caution.
Account Types & Minimum Deposits
Connected Crypto Trades Markets offers three account tiers: Basic, Classic, and Platinum. The Basic account requires a minimum deposit of $500, the Classic account $5,000, and the Platinum account $10,000. These relatively high entry points may reflect an intention to target more substantial retail or professional traders.
No information is available regarding maximum leverage, spreads, or commissions for any account type. The broker does not disclose trading platforms (e.g., MetaTrader 4/5) or supported instruments on the public record. This lack of transparency makes it difficult for traders to assess the cost and suitability of the service.
Regulatory Status
The most significant red flag for Connected Crypto Trades Markets is its complete lack of regulatory authorisation. The FCA’s register shows no record of this firm, nor does it appear on any other credible regulatory body’s list. While the broker is incorporated in the UK, incorporation alone does not confer the right to offer financial services.
FXCanary’s internal Scam Risk Score stands at 49 out of 100, a ‘Guarded’ rating. This reflects the high level of uncertainty due to the absence of regulation, limited public information, and high barrier to entry. Traders should verify the broker’s credentials independently before committing any funds.
Risks & Considerations
Operating without regulatory oversight means clients have no recourse to a financial ombudsman or compensation scheme (such as the UK’s Financial Services Compensation Scheme) in the event of a dispute or broker failure. The broker’s domain, cct-innovationmarkets.online, is not widely known and lacks independent reviews.
Given the prevalence of clone firms and unregulated brokers in the online trading space, the combination of a newly established company, no regulation, and high minimum deposits should give pause. FXCanary recommends that traders only deal with brokers that are authorised and supervised by a reputable financial authority.
Suitability
Connected Crypto Trades Markets does not currently appear suitable for any category of trader due to the extreme lack of transparency and regulatory risk. Novice traders, in particular, should avoid such entities, as the absence of a regulatory safety net can lead to total loss of deposited funds.
Even experienced traders who are comfortable with higher risks would need extensive due diligence – including direct communication with the broker, testing the platform, and verifying security measures – before considering any deposit. Given the available information, the prudent course is to seek alternative, regulated brokers.
Overview compiled by FXCanary from regulatory records and public data. full Connected Crypto Trades Markets review