Crypto Daily Trade

Crypto Daily Trade is a US-based brokerage first registered on November 21, 2022, operating from an address in San Diego, California. The firm positions itself as a multi-asset trading provider, offering access to forex, cryptocurrencies, gold, oil, and indices.

Despite its recent entry into the market, the broker has not obtained any known regulatory licences from major financial authorities. This absence of oversight is a notable factor for traders considering its services, as regulatory protection is absent.

According to our records, Crypto Daily Trade does not hold a licence from any recognised financial regulator, such as the SEC, CFTC, or FCA. This means clients have no recourse to a regulatory ombudsman or compensation scheme in the event of a dispute.

For risk-aware traders, this lack of regulation is a critical concern. FXCanary's Scam Risk Score of 49/100 (Guarded) reflects the elevated risk associated with trading through an unregistered entity.

The broker offers two main account types: Combined Plus and Crypto Pro. The Combined Plus account requires a minimum deposit of $500 equivalent and allows maximum leverage of 1:500. The Crypto Pro account has a lower entry barrier at $100 equivalent, also with 1:500 leverage.

Leverage of this magnitude is considered very high and can amplify both gains and losses. Traders should be aware that such leverage levels are often restricted or banned in regulated jurisdictions due to the increased risk.

Crypto Daily Trade claims to provide trading in forex, cryptocurrencies, gold, oil, and indices. The specific trading platform or software is not detailed in our available information.

Without verified platform details, traders cannot assess execution quality or charting tools. This lack of transparency is another factor that should be weighed before committing funds.

No specific information is available regarding payment methods or withdrawal policies for Crypto Daily Trade. Our known facts do not include any details on funding options, processing times, or fees.

Reliable brokers typically provide clear information on deposits and withdrawals. The absence of such details here is a further cautionary signal.

We have no information about the customer support channels offered by Crypto Daily Trade. There is no mention of phone numbers, email addresses, or live chat on the available records.

Effective customer support is essential for resolving issues. Without this information, traders may face difficulties in getting assistance.

Crypto Daily Trade is an unregulated, US-based broker with a short operational history and limited publicly available information. While it offers high-leverage accounts and a range of instruments, the lack of regulatory oversight and transparency raises significant concerns.

Traders should exercise extreme caution and consider only dealing with well-regulated brokers that provide clear terms and protections.