About Cryckers
Overview
Cryckers is a broker that was founded on 11 May 2022. According to its registration, it is based in the United Kingdom, although its registered address is located in the Marshall Islands at TRUST COMPANY COMPLEX, AJELTAKE ROAD. The company operates through the website cryckers.com.
The broker's official registration details indicate a United Kingdom country of registration, but its operational address in the Marshall Islands is a common sign of offshore incorporation. This dual domicile can create confusion for traders regarding the applicable legal jurisdiction.
Regulation and Licensing
As per our records, Cryckers does not hold any regulatory licence from a recognised financial authority. The absence of regulation means that the broker is not subject to oversight by entities such as the FCA, CySEC, or ASIC.
Without a licence, traders have no access to compensation schemes or formal dispute resolution mechanisms. This lack of regulatory protection is a significant factor to consider when evaluating the broker's trustworthiness.
Risk Considerations
The FXCanary Scam Risk Score for Cryckers is 49 out of 100, placing it in the 'Guarded' risk category. This score reflects the potential risks associated with trading through an unregulated offshore broker.
Potential clients should be aware that there is limited independent information available about the broker's operations. Without verified user reviews or regulatory disclosures, it is difficult to assess the broker's reliability. Traders are advised to exercise caution and conduct thorough due diligence before committing funds.
Overview compiled by FXCanary from regulatory records and public data. full Cryckers review