About Crypto-test
Overview
Crypto-test is a UK-registered brokerage entity founded in December 2021. Its official website is crypto-test.net, and its registered office is located at One Eagle Place, London, SW1Y 6AF. The company is registered with VAT number GB 859 7346 58.
Based on the available facts, Crypto-test does not appear to hold any regulatory licences from recognised financial authorities. This lack of oversight is a significant factor for traders to consider, as regulated brokers are required to adhere to strict standards regarding client fund segregation and transparency.
Account Types and Minimum Deposits
The broker offers five distinct account tiers: GOLD, PREMIUM, PROFESSIONAL, REGULAR, and START UP. These tiers cater to different capital levels, with minimum deposits ranging from $50 for the START UP account to $10,000 for the GOLD account.
While the account structure suggests a tiered service model, no details are available regarding maximum leverage, spreads, or commissions for any of these accounts. This lack of transparency makes it difficult for traders to assess the true cost of trading with Crypto-test.
Regulatory Status
Our records show that Crypto-test has no regulatory authorisation from bodies such as the Financial Conduct Authority (FCA) in the UK, the Cyprus Securities and Exchange Commission (CySEC), or other major regulators. The company is registered in the UK, but registration does not imply regulation.
Traders should be aware that unregulated brokers do not offer the protections afforded by regulated entities, such as access to financial ombudsman services or compensation schemes. This elevates the risk profile of the broker significantly.
Instruments and Platforms
No information is available on the financial instruments offered by Crypto-test. The broker's name suggests a possible focus on cryptocurrencies, but this is not confirmed. Similarly, there is no mention of trading platforms, whether proprietary or third-party (e.g., MetaTrader 4/5, cTrader).
The absence of such detail is a red flag for traders who need to evaluate the broker's product range and trading environment before committing funds.
Client Suitability
Given the lack of regulation and limited public information, Crypto-test appears suitable only for highly experienced traders who fully understand the risks of dealing with an unregulated entity. The high minimum deposits for the GOLD and PREMIUM accounts further restrict access to those with substantial capital.
For most retail traders, the absence of regulatory oversight and transparency outweighs any potential benefits. The broker’s guarded risk score of 49 out of 100 from FXCanary reflects this cautious assessment.
Overview compiled by FXCanary from regulatory records and public data. full Crypto-test review