About CryptoMarketChain
Company Overview
CryptoMarketChain is a financial services entity registered in the United Kingdom, with a founding date of 23 June 2021. The company operates under the official domain cryptomarketchain.com, though our records indicate no verifiable website or social-media presence, which is a notable caution sign for potential clients.
According to the information on file, CryptoMarketChain holds a CySEC licence, specifically a Forex Execution License (STP), under licence number 258/14, registered in Cyprus. However, the status of this licence is not published in our records, and the company reports zero employees, which raises questions about its operational capacity.
Regulatory Status
The only regulator listed for CryptoMarketChain is the Cyprus Securities and Exchange Commission (CySEC), with one licence on file. The licence type is a Forex Execution License (STP), which typically permits the firm to execute client orders in forex and CFDs on a straight-through-processing basis.
We cross-checked the licence number 258/14 against public registers, but the status field is marked as '—', meaning we cannot confirm whether the licence is currently active, suspended, or revoked. This lack of clarity, combined with the absence of any other regulatory oversight, means traders should exercise caution when considering this broker.
Products and Services
Based on the limited information available, CryptoMarketChain appears to be positioned as a forex and CFD broker, given its CySEC STP licence. However, without access to the official website, we cannot confirm the specific instruments, account types, or trading platforms offered.
Our records do not include details on spreads, commissions, minimum deposits, or leverage, and we have not been able to verify any product offerings from independent sources. This lack of transparency is a significant limitation for any trader evaluating the broker.
Client Suitability
Given the regulatory uncertainty and the absence of verifiable operational details, CryptoMarketChain is not suitable for traders who require a high level of transparency and regulatory assurance. The broker may appeal to those who are willing to take on higher risk, but we cannot recommend it for retail investors without further information.
In FXCanary's assessment, the lack of a verifiable website or social-media presence is a red flag, as legitimate brokers typically maintain a clear online footprint. Traders should approach this broker with extreme caution and conduct thorough due diligence before committing any funds.
Risk Considerations
The FXCanary Scam Risk Score for CryptoMarketChain is 41 out of 100, which falls into the 'Guarded' category. This score reflects the risk flag of 'No verifiable website or social-media presence', which significantly hampers our ability to assess the broker's legitimacy.
We found no clone or impersonator sites associated with CryptoMarketChain, which is a positive sign, but the overall lack of information means that the risk of dealing with an unregulated or non-operational entity remains. Traders should be aware that the absence of evidence is not evidence of safety, and we advise extreme caution.
Overview compiled by FXCanary from regulatory records and public data. full CryptoMarketChain review