Secured Crypto Trades

Secured Crypto Trades operates under the domain synchrotradeoptions.online and is registered in China. According to our records, the entity was founded on 1 November 2022. The broker presents itself as a trading service provider, though its name includes "Crypto Trades" while the domain references "options." No specific instruments or trading platforms have been confirmed in public records.

Our research indicates that Secured Crypto Trades is not regulated by any known financial authority. The absence of regulatory oversight is a significant factor for traders to consider, as it means the broker is not subject to standard investor protection mechanisms. The broker's registration in China adds another layer of complexity, given that the regulatory environment for forex and CFD brokers in China is restrictive.

Secured Crypto Trades offers six account tiers, each with a minimum deposit requirement. At the entry level is the Basic Pack, requiring a minimum deposit of $1,000. Higher tiers include the Silver Pack ($2,600), Gold Pack ($6,000), Diamond Pack ($10,000), Platinum Pack ($21,000), and the Ultimate Pack, which has a wide deposit range of $60,000 to $150,000.

These minimum deposit amounts are notably higher than those offered by many mainstream forex brokers. The lack of specified maximum leverage for any account type is also noteworthy, as leverage is a key feature for many forex traders. This information gap may indicate either a simplified offering or a potential lack of transparency.

As of our latest review, Secured Crypto Trades does not hold a licence from any recognised regulatory body. This is a critical point for traders, as unregulated brokers carry elevated risks, including the potential for misappropriation of funds and limited recourse in case of disputes. The broker's registration in China does not equate to financial regulation; China has strict controls on forex trading and most offshore brokers operating in the region are unlicensed.

We advise traders to exercise extreme caution when dealing with unregulated entities. The absence of a regulator means that the broker is not required to adhere to standards such as segregation of client funds, negative balance protection, or participation in compensation schemes.

Our known facts do not specify any trading instruments offered by Secured Crypto Trades. The broker's name mentions "Crypto," suggesting a possible focus on cryptocurrencies, but the domain includes "options," which could point to options trading. Without official information from the broker's website, we cannot confirm the product range.

Similarly, no details are available regarding trading platforms, execution methods, or additional tools such as charting software or educational resources. Traders considering this broker should seek clarity on these essential aspects before committing funds.

No information is available on the deposit and withdrawal methods accepted by Secured Crypto Trades. Typical brokers offer bank transfers, credit/debit cards, and e-wallets, but the lack of data here is a red flag. Transparency in funding procedures is essential for traders to understand potential fees, processing times, and currency conversion costs.

We recommend that any potential client request detailed information about funding options directly from the broker before making a deposit. The high minimum deposits further emphasise the need for caution, as larger sums are at risk in an unregulated environment.

Details about customer support channels are not available in the known records. Reliable brokers typically provide multiple contact methods, including live chat, email, and phone support, often around the clock. The absence of such information can be a sign of limited operational transparency.

Given the overall lack of publicly verifiable information, traders should approach Secured Crypto Trades with significant scepticism. We suggest conducting further due diligence by attempting to contact the broker directly and verifying any claims with independent sources.

Given the high minimum deposits and unregulated status, Secured Crypto Trades is likely targeting traders with substantial capital who are willing to accept a high level of risk. However, the lack of verified information makes it unsuitable for risk-averse investors or those seeking a transparent, regulated trading environment.

Experienced traders who understand the risks of dealing with unregulated entities may consider it, but we stress that thorough investigation is imperative. For most retail traders, the elevated risk score of 54/100 (Elevated) by FXCanary suggests that this broker is not a prudent choice.