IX Crypto Option

IX Crypto Option Limited is a company registered in Australia, with a registered office at level 28, One International Tower, 2000 Barangaroo Avenue, 2000 Sydney, NSW. The company was founded on 4 August 2021, according to our records. Its official domain is ixcryptoption.com, though our records indicate that no verifiable website or social-media presence could be confirmed at the time of review.

The name suggests a focus on cryptocurrency options, but without a functioning website or independent user feedback, the actual product offering remains unclear. Our records list two licences on file: one from the Australian Securities and Investments Commission (ASIC) and one from the Vanuatu Financial Services Commission (VFSC). However, the status of these licences is not specified in our records, and the company reports zero employees.

According to our records, IX Crypto Option Limited holds two licences. The first is an ASIC Market Making (MM) licence, with licence number 436416, registered in Australia. The second is a VFSC Forex Trading License (EP), with licence number 40356, registered in Vanuatu. We note that the status of both licences is listed as '—' in our records, meaning we cannot confirm whether they are currently active or have been suspended.

It is important to note that the ASIC licence number 436416 is not published in our records as a current licence for this entity; we are quoting it verbatim from our known facts. The VFSC licence is an offshore licence, which typically offers a lower level of regulatory oversight compared to a major financial regulator. Traders should exercise caution when dealing with brokers that hold only offshore licences or whose licence status is unclear.

IX Crypto Option Limited was incorporated in Australia on 4 August 2021. The company's registered address is in Sydney's Barangaroo district, a major financial hub. However, our records indicate that the company has zero employees, which is unusual for a financial services firm and may suggest a shell company or a very small operation.

There are no clone or impersonator sites recorded for this broker, which is a positive sign. However, the lack of any verifiable online presence, combined with the absence of employee information, raises questions about the company's operational status. We were unable to find any independent user reviews or third-party verification of the company's services.

Based on the company name, IX Crypto Option likely intends to offer trading in cryptocurrency options, possibly alongside other financial instruments. However, without access to the official website, we cannot confirm the specific products, platforms, or account types offered. The VFSC licence is for a Forex Trading License, which suggests that forex trading may also be part of the offering.

Our records do not include any details on spreads, commissions, minimum deposits, or leverage. We were unable to verify the trading platform, whether it is MetaTrader, a proprietary platform, or something else. Given the lack of information, we cannot provide a reliable description of the trading conditions.

The FXCanary Scam Risk Score for IX Crypto Option is 39 out of 100, which is labelled 'Guarded'. This indicates a moderate level of risk, primarily due to the absence of a verifiable website or social-media presence. A broker that cannot be easily found online is a significant red flag, as legitimate brokers typically maintain a professional web presence.

Additionally, the fact that the company reports zero employees is concerning. While it is possible that the company is a small operation, it is also possible that it is not actively operating. The unclear status of its regulatory licences further adds to the uncertainty. We advise traders to treat this broker with caution and to conduct thorough due diligence before considering any engagement.

In summary, IX Crypto Option Limited is an Australian-registered company with a name suggesting cryptocurrency options trading, but with very little verifiable information available. The company holds two licences, one from ASIC and one from VFSC, but their status is not confirmed. The lack of a website, social media presence, and employee information makes it difficult to assess the legitimacy and reliability of this broker.

We recommend that traders avoid this broker until more information becomes available. If you are considering trading with IX Crypto Option, we strongly advise you to verify its regulatory status directly with ASIC and VFSC, and to look for independent reviews and feedback from other users. The absence of information is itself a warning sign in the financial services industry.