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Cryptics

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Operating status: SCAM

Website: https://cryptics.cc/

Broker violations and abnormal records
  • 2022-07-31 The Spain CNMV Added Cryptics into Its Warnings

    On 1 Aug 2022, the Spain Comisión Nacional del Mercado de Valores (CNMV) issued a warning that Cryptics is not authorised to provide the investment services in Spain. You may visit: http://www.cnmv.es/Portal/ResultadoBusqueda.aspx?tipo=1&sortExpression=Fecha&sortDirection=1&page=0


    On 1 Aug 2022, the Spain Comisión Nacional del Mercado de Valores (CNMV) issued a warning that Cryptics is not authorised to provide the investment services in Spain. You may visit: http://www.cnmv.es/Portal/ResultadoBusqueda.aspx?tipo=1&sortExpression=Fecha&sortDirection=1&page=0
  • 2022-08-02 BrokersView has Reviewed that Cryptics is an Unregulated Forex Broker

    Cryptics claims to be an award-winning broker without presenting any information about its regulation. The lack of such important information may be a distinct signal of an unlicensed broker, as regulated brokers always present their accreditations and licenses in a prominent position. It is a red flag.

    The only contact Cryptics provides is a telephone number that belongs to the United Kingdom. As per United Kingdom law, all firms and individuals offering, promoting, or selling financial services or products in the UK shall be authorized by the United Kingdom Financial Conduct Authority (UK FCA). However, we did not find any results that matched Cryptics in UK FCA. That means Cryptics is not authorized to provide financial services in the UK. 

    What's more, the Spain Comisión Nacional del Mercado de Valores (CNMV) issued a warning that Cryptics is not authorised to provide the investment services in Spain.

    The truth is that Cryptics is not regulated by any regulators. Letting this broker hold or control investors' money is unsafe and the money can not be protected by any laws. Therefore, it is a scam.

    Cryptics claims to be an award-winning broker without presenting any information about its regulation. The lack of such important information may be a distinct signal of an unlicensed broker, as regulated brokers always present their accreditations and licenses in a prominent position. It is a red flag.The only contact Cryptics provides is a telephone number that belongs to the United Kingdom. As per United Kingdom law, all firms and individuals offering, promoting, or selling financial services or products in the UK shall be authorized by the United Kingdom Financial Conduct Authority (UK FCA). However, we did not find any results that matched Cryptics in UK FCA. That means Cryptics is not authorized to provide financial services in the UK. What's more, the Spain Comisión Nacional del Mercado de Valores (CNMV) issued a warning that Cryptics is not authorised to provide the investment services in Spain.The truth is that Cryptics is not regulated by any regulators. Letting this broker hold or control investors' money is unsafe and the money can not be protected by any laws. Therefore, it is a scam.
  • 2022-11-07 The Ontario OSC Added Cryptics into Its Warnings

    On 8 Nov 2022, the Ontario Securities Commission (OSC) issued a warning that Cryptics was not registered in Ontario to engage in the business of trading in securities. You may visit: https://www.osc.ca/en/investors/warnings/cryptics

    On 8 Nov 2022, the Ontario Securities Commission (OSC) issued a warning that Cryptics was not registered in Ontario to engage in the business of trading in securities. You may visit: https://www.osc.ca/en/investors/warnings/cryptics

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