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Crypto Rocket

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Is Crypto Rocket a Scam or Not? Detailed Crypto Rocket Review, which is a must read before you trade with this Forex broker. Read all Crypto Rocket pros and cons, full description of trading accounts, platforms, spreads, promotions.
Crypto Rocket

Operating status: SCAM

Website: https://www.cryptorocket.com/; https://crypto-rocketsfx.com/

Broker violations and abnormal records
  • 2022-02-06 The Spain CNMV Added Crypto Rocket into Its Warnings

    On 7 Feb 2022, the Spain Comisión Nacional del Mercado de Valores (CNMV) issued a warning that Crypto Rocket is not authorised to provide the investment services in Spain. You may visit: http://www.cnmv.es/Portal/ResultadoBusqueda.aspx?tipo=1&nombre=cryptorocket.com

    On 7 Feb 2022, the Spain Comisión Nacional del Mercado de Valores (CNMV) issued a warning that Crypto Rocket is not authorised to provide the investment services in Spain. You may visit: http://www.cnmv.es/Portal/ResultadoBusqueda.aspx?tipo=1&nombre=cryptorocket.com
  • 2022-09-07 BrokersView has Reviewed that Crypto Rocket is an Unregulated Forex Broker

    Crypto Rocket claims to be registered with Saint Vincent and the Grenadines Financial Services Authority (SVG FSA) with registration number 25026IBC2018. We searched SVG FSA and found a matching result. However, please be informed that SVG FSA does not regulate forex brokers or issue forex licenses. So having the registration does not mean being authorized to provide financial services. 

    Moreover, the Spain Comisión Nacional del Mercado de Valores (CNMV) issued a warning that Crypto Rocket is not authorised to provide the investment services in Spain. The British Columbia Securities Commission (BCSC) also issued a warning against Crypto Rocket for its offering of financial services to BC residents without authorization.

    The truth is that Crypto Rocket 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.

    Crypto Rocket claims to be registered with Saint Vincent and the Grenadines Financial Services Authority (SVG FSA) with registration number 25026IBC2018. We searched SVG FSA and found a matching result. However, please be informed that SVG FSA does not regulate forex brokers or issue forex licenses. So having the registration does not mean being authorized to provide financial services. Moreover, the Spain Comisión Nacional del Mercado de Valores (CNMV) issued a warning that Crypto Rocket is not authorised to provide the investment services in Spain. The British Columbia Securities Commission (BCSC) also issued a warning against Crypto Rocket for its offering of financial services to BC residents without authorization.The truth is that Crypto Rocket 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.
  • 2023-02-26 The regulator BCSC issued a warning against Crypto Rocket

    The British Columbia Securities Commission (BCSC) issued a warning against Crypto Rocket on Feb 27, 2023, for its offering of financial services to BC residents without authorization: https://www.bcsc.bc.ca/enforcement/early-intervention/investment-caution-list/2023/crypto-rocketsfxcom

    The British Columbia Securities Commission (BCSC) issued a warning against Crypto Rocket on Feb 27, 2023, for its offering of financial services to BC residents without authorization: https://www.bcsc.bc.ca/enforcement/early-intervention/investment-caution-list/2023/crypto-rocketsfxcom

Related Complaints

Q&A

I want to know what licenses Crypto Rocket has plz.

LeoNam
Kyrgyzstan
2023-04-07
ANSWER Crypto Rocket is a broker that is not licensed to offer financial services or products, even though they may offer seemingly attractive deals.Crypto Rocket claims to be the trading name of CryptoRocket Limited, registered in St. Vincent and the Grenadines, a well-known offshore center. We did find this company in the Financial Services Authority of St. Vincent and the Grenadines (SVG FSA). However, one must keep in mind that the SVG FSA has no legal authority to issue forex licenses and regulate forex activities. Therefore, Crypto Rocket is not subject to any regulation for offering financial services or products. More importantly, there are two financial regulatory bodies issuing warnings against Crypto Rocket for providing unauthorized financial services or products, they are:1) the Spain Comisión Nacional del Mercado de Valores (CNMV), and you can check the warning from here;2) the British Columbia Securities Commission (BCSC), and you can check the warning from here.Regarding your question, Crypto Rocket is not regulated. Letting this broker hold and control your funds or trading with them is very risky, as there are no safeguards in place to prevent fraud and theft. Therefore, we strongly suggest investors avoid dealing with unlicensed brokers like Crypto Rocket and choose fully regulated ones instead.
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2 comments

Tom

I decided to do a trial with them and made a small deposit. On several occasions, I encountered abnormally high slippage on my orders more so during news events. For a while, I did a close inspection on their charting and saw some notable dissimilarities as compared to many others. Their back office withdrawal page gave countless error messages whilst trying to withdraw and i had to seek help from their support team to initiate my request. Not impressed!
2023-05-13

Nael

They are fraud. I traded here from 20 Feb 2021. I tried to withdraw my funds, but almost 48 hours gone, still my withdraw request in pending.
2023-05-11
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