About CryptoClubFX
Overview
CryptoClubFX is an online trading broker registered in Saint Vincent and the Grenadines. The company was founded on 27 May 2019 and operates from a registered address at P.O. Box 1510, Beachmont, Kingstown. It offers a range of account types targeting different investor segments, with minimum deposits ranging from $250 to $50,000. Independent public information about the broker's operations is limited, and the firm does not appear on any major regulatory register.
Regulation and Licensing
Our records indicate that CryptoClubFX does not hold any recognised financial services licence. The broker is incorporated in Saint Vincent and the Grenadines, a jurisdiction that does not require forex brokers to obtain a local regulatory licence for international business. This means traders have no access to external dispute resolution services or investor compensation schemes. In FXCanary's assessment, the lack of regulatory oversight is a significant risk factor.
Account Types
CryptoClubFX offers four account tiers: Standard, Classic, Gold, and Premium. The Standard account requires a minimum deposit of $250, while the Classic account starts at $2,500. The Gold account has a $20,000 minimum, and the Premium account requires at least $50,000. Maximum leverage is not disclosed in the available records. The tiered structure suggests the broker targets both retail and high-net-worth clients.
Trading Instruments and Platforms
No specific information is available regarding the trading instruments offered by CryptoClubFX or the platforms it supports. The broker's name suggests potential exposure to forex and cryptocurrencies, but this cannot be confirmed from official records. Traders would need to contact the broker directly for details on available asset classes and trading software.
Risk Assessment
FXCanary's Scam Risk Score for CryptoClubFX is 51 out of 100, indicating an elevated level of risk. This score reflects the combination of an unregulated status, limited public track record, and high minimum deposit requirements for the premium tiers. Traders considering this broker should be aware that they are operating without the protections typically afforded by a regulated entity, such as negative balance protection or segregated client accounts. We advise conducting thorough due diligence before committing any funds.
Overview compiled by FXCanary from regulatory records and public data. full CryptoClubFX review