Brokers  /  Cryptonite

Cryptonite

Moderate risk
🇬🇧 United Kingdom · 2-5 years · since 2022-03-03 · Eleqsa Group, LTD
This is a , not a leveraged forex/CFD broker — listed for reference. If you’re looking for a forex broker, see our forex broker directory.
Unregulated
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Independent ratingshow third parties score this broker
WikiFX1.48/10
Trustpilot/5
Forex Peace Army/5
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No sign that Cryptonite actively operates in your country (United States). If you were solicited from here, be extra cautious — it may be an unregulated approach or a clone.
49
Moderate risk
Scam Risk Scoremonitored · 2026-07-28
Lower riskHigher risk
  • No verified regulatory license on file
  • No verifiable website or social-media presence
How this score is calculated — view the open algorithm

A transparent weighted score from objective public data — each factor scored 0–100 (higher = riskier), combined by the weights below.

FactorScoreWeight
Regulation & licensing8535%
Company age4515%
Clone / impersonation012%
Withdrawal & exposure complaints012%
Offshore registration108%
Transparency (site/info/social)7810%

Based on public regulatory records, industry databases and independent reviews (Trustpilot, Forex Peace Army). Exit Risk reflects recent negative momentum in real reviews. A risk estimate from public data, not a definitive legal judgment; brokers may request a correction.

Company
Legal nameEleqsa Group, LTD
Headquarters🇬🇧 United Kingdom
Founded2022-03-03
Years operating2-5 years
Employees0
Official websitecryptonite.exchange
Trading conditions
Avg execution speed0 ms
Avg slippage0
Swap rating
Trading cost rating
Monitored traders0
Monitored orders0
Funding & instruments
Deposit methods
Withdrawal methods
Instruments
Registered address
Owen St, Manchester M15 4US, United Kingdom

Regulation & licenses · 0

No valid regulatory license found — high caution advised.

Review analysis AI

Cryptonite is an unregistered trading platform based in the UK with no regulatory licenses and a Guarded risk score of 49/100. The absence of verifiable web presence and user reviews heightens the risk profile. Traders should be extremely cautious and consider alternative, regulated brokers.

Best for
  • Traders seeking exposure to an unregulated crypto exchange
  • Those willing to accept high risk due to no regulatory oversight
Not for
  • Regulation-conscious traders
  • Beginners seeking a trusted broker
  • Traders in jurisdictions requiring licensed brokers
Period:

Real user reviews

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About Cryptonite

Company Overview

Cryptonite is a trading platform registered in the United Kingdom under the name Cryptonite, with an official domain of cryptonite.exchange. It was founded on March 3, 2022, and is headquartered at Owen St, Manchester M15 4US. The platform presents itself as a cryptocurrency exchange, although independent verification of its specific products and services is limited due to a lack of publicly available information.

Regulation and Safety

According to our records, Cryptonite holds no regulatory licenses from any recognized financial authority. This absence of oversight places the broker in a high-risk category for traders who rely on regulatory protection. The FXCanary Scam Risk Score of 49 out of 100 reflects a guarded assessment, indicating potential concerns regarding the platform's transparency and safety.

Trading Platforms and Instruments

No official details regarding trading platforms or available instruments are available from independent sources. Given the platform's domain and name, it is presumed to offer cryptocurrency trading pairs. However, without direct access to the platform's website or user feedback, the range of assets, leverage options, and supported software remain unconfirmed.

Account Types and Features

Cryptonite does not publicly disclose its account types or features in sources we can verify. New traders are advised to approach with caution, as the broker's promotional materials may not be independently validated. Account funding methods, spreads, and commission structures are also not documented in trusted records.

Customer Support

Customer support contact details for Cryptonite are not readily available through independent channels. The absence of reliable support information is a common red flag in the brokerage industry. Traders should expect difficulty in resolving issues or requesting withdrawals if the platform lacks transparent communication channels.

Conclusion

Cryptonite presents itself as a UK-registered cryptocurrency exchange, but the lack of regulatory licensing and independent user reviews makes it a high-risk choice. Traders are strongly encouraged to verify all claims directly through the official website and exercise extreme caution. The guarded risk score underscores the need for thorough due diligence before committing funds.

Overview compiled by FXCanary from regulatory records and public data. full Cryptonite review