Report a scam Find my broker
Brokers  /  FirstCryptex

FirstCryptex

Moderate risk
🇦🇺 Australia · 2-5 years · since 2024-07-10 · FirstCryptex Limited
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
Visit site ↗
—/5
★★★★★ ★★★★★
0 reviews ›
0
Licenses ›
0
Withdrawal issues ›
$50
Min. deposit ›
—
Max leverage ›
8
Account types ›
49/100
Scam risk ›
0
Clone sites ›
Accounts: VIP 4 · $15,000.00VIP 3 · $10,000.00VIP 2 · $5,000.00VIP 1 · $3,000.00GOLD · $2,000.00LEAD · $1,000.00SILVER · $300.00STARTER · $50.00
▲ 0% positive▼ 0% negative
Independent ratingshow third parties score this broker
WikiFX1.34/10
Trustpilot—/5
Forex Peace Army—/5
🛡️ Been scammed or can’t withdraw from FirstCryptex? Our free assistant writes up your case and shows exactly what to do next →
🇺🇸
No sign that FirstCryptex 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 nameFirstCryptex Limited
Headquarters🇦🇺 Australia
Founded2024-07-10
Years operating2-5 years
Employees0
Official websitefirstcryptex.net
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
56 Watson Street, Horfield, Victoria AU

Regulation & licenses · 0

No valid regulatory license found — high caution advised.

Account types · 8

AccountMax leverageMin. depositMin. spreadCommissionEA
VIP 4--$15,000.00----✓
VIP 3--$10,000.00----✓
VIP 2--$5,000.00----✓
VIP 1--$3,000.00----✓
GOLD--$2,000.00----✓
LEAD--$1,000.00----✓
SILVER--$300.00----✓
STARTER--$50.00----✓

Review analysis AI

FirstCryptex operates without regulatory oversight and offers unusually high fixed returns, which are classic red flags for a potential scam. The short track record since July 2024 and the lack of independent user reviews further increase the risk. Traders should exercise extreme caution and avoid depositing funds until the broker can provide verifiable evidence of its claims.

Best for
  • Investors seeking high fixed returns
  • Those willing to risk unregulated investment schemes
Not for
  • Traders requiring regulated forex or CFD brokers
  • Investors who prioritize capital protection and transparency
  • Long-term investors seeking sustainable returns
Period:

Real user reviews

Similar brokers

vantage
Australia · TP 4.3
Low risk ⇄ Compare with FirstCryptex
eightcap
Australia · TP 4.1
Low risk ⇄ Compare with FirstCryptex
fpmarkets
Australia · TP 4.8
Low risk ⇄ Compare with FirstCryptex
pepperstone
Australia · TP 4.3
Low risk ⇄ Compare with FirstCryptex
What FirstCryptex says about itself as stated by the broker · not independently verified by FXCanary

Company Overview

FirstCryptex Investment Limited presents itself as an investment and trading company that trades on Forex and Cryptocurrencies. On its website, it states that it is '100% Trusted Financial Experts' and that it helps investors make better financial decisions through financial planning, investment advice, risk management, and tax & accounting services. The company claims to be regulated by ASIC, the Australian Securities and Investments Commission, and refers to itself as 'FirstCryptex Trade Ltd' in its regulatory statements.

Investment Plans

The broker offers a range of investment plans with fixed returns, described as 'STARTER PLAN', 'SILVER PLAN', and others. The STARTER PLAN promises a 4% return after 24 hours, with a minimum investment of $50 and a maximum of $300. The SILVER PLAN offers 7% after 24 hours, and additional plans (GOLD, LEAD, VIP tiers) are listed with varying minimum deposits and unspecified leverage. According to the website, these plans include features such as 'Financial planning session', 'No tax deductions', and 'Automated Fund Allocation'.

Regulatory Claims

FirstCryptex claims on its website that it is 'regulated by ASIC' and that it is an official entity. However, the known facts from our records indicate no regulators on file. The company also uses the name 'FirstCryptex Trade Ltd' in its regulatory statements, but the official name on the site is 'FirstCryptex Investment Limited'. This inconsistency raises questions about the accuracy of their regulatory claims.

Services Offered

Beyond the investment plans, FirstCryptex lists services including 'Financial Advice', 'Investment Advice', 'Risk Management', and 'Taks & Accounting' (likely a typo for 'Tax & Accounting'). These are presented as part of their commitment to help investors make better decisions. The site also features a FAQ section and legal pages with terms and conditions, suggesting an attempt to appear legitimate.

About FirstCryptex

Who is FirstCryptex?

FirstCryptex is an Australian-registered investment company operating under the domain firstcryptex.net. The company was founded on July 10, 2024, and lists its registered address as 56 Watson Street, Horfield, Victoria, Australia. On its website, it operates under the name 'FirstCryptex Investment Limited' and presents itself as a financial services provider offering trading in forex and cryptocurrencies, as well as fixed-return investment plans.

Regulation and Licensing

According to our records, FirstCryptex has no regulators on file. However, the company claims on its website to be regulated by ASIC, the Australian Securities and Investments Commission, using the entity name 'FirstCryptex Trade Ltd'. This claim could not be independently verified, and no corresponding licence appears on the ASIC register. The absence of verifiable regulation is a significant point of caution for potential investors.

Account Types and Investment Plans

FirstCryptex offers a tiered account structure with eight levels: STARTER, SILVER, LEAD, GOLD, VIP 1, VIP 2, VIP 3, and VIP 4. Minimum deposits range from $50 for the STARTER account to $15,000 for VIP 4. Maximum leverage is not specified for any account. In addition to these accounts, the broker promotes fixed-term investment plans with daily returns, such as 4% after 24 hours for the STARTER plan and 7% after 24 hours for the SILVER plan. These plans resemble high-yield investment programs rather than standard forex trading accounts.

Trading Instruments and Platforms

The website states that FirstCryptex trades on Forex and Cryptocurrencies, but specific instruments or trading platforms are not disclosed. No information is provided about the trading platform (e.g., MetaTrader, web trader) or the range of available currency pairs, crypto assets, or CFDs. This lack of detail makes it difficult to assess the broker's trading environment.

Target Audience

FirstCryptex appears to target retail investors seeking passive income through fixed returns. The low minimum deposit of $50 for the STARTER plan makes it accessible to small investors, while the VIP tiers with deposits up to $15,000 suggest an aim to attract more substantial capital. The company markets itself as a trusted financial advisor, but the promised returns are unusually high and typical of investment schemes.

Address and Company Registration

The registered address at 56 Watson Street, Horfield, Victoria, Australia, is listed on the company's website and matches our records. However, 'Horfield' is not a recognized suburb in Victoria; it may be a misspelling or fictitious location. The company's registration as an Australian entity is recent (2024), and no further details about its incorporation or compliance status are publicly available.

FXCanary Assessment Overview

FirstCryptex has been assigned an FXCanary Scam Risk Score of 49 out of 100, classified as 'Guarded'. This score reflects the lack of regulatory oversight, the short operating history, and the high-risk nature of the fixed-return investment plans. While the broker may appear professional on its website, the absence of independent reviews and verifiable regulation warrants caution.

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