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First Rate Crypto

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Operating status: SCAM

Website: https://www.firstratecrypto.com/

Broker violations and abnormal records
  • 2022-09-15 The UK FCA Added First Rate Crypto into Its Warnings

    On 16 Sep 2022, the United Kingdom Financial Conduct Authority (UK FCA) issued a warning that First Rate Crypto is providing financial services or products in the UK without authorisation. You may visit: https://www.fca.org.uk/news/warnings/first-rate-crypto


    On 16 Sep 2022, the United Kingdom Financial Conduct Authority (UK FCA) issued a warning that First Rate Crypto is providing financial services or products in the UK without authorisation. You may visit: https://www.fca.org.uk/news/warnings/first-rate-crypto
  • 2022-09-19 BrokersView has Reviewed that First Rate Crypto is an Unregulated Forex Broker

    First Rate Crypto claims to be awarded in 2020. However, by checking its domain, we found the domain was created in 2022. How could it win awards in 2020? It is a red flag. 

    In addition, First Rate Crypto also claims to be regulated by the United Kingdom Financial Conduct Authority (UK FCA). We searched the UK FCA register but only found a warning. This UK regulator issued a warning that First Rate Crypto was providing financial services or products in the UK without authorisation. 

    The truth is that First Rate Crypto 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. 

    First Rate Crypto claims to be awarded in 2020. However, by checking its domain, we found the domain was created in 2022. How could it win awards in 2020? It is a red flag. In addition, First Rate Crypto also claims to be regulated by the United Kingdom Financial Conduct Authority (UK FCA). We searched the UK FCA register but only found a warning. This UK regulator issued a warning that First Rate Crypto was providing financial services or products in the UK without authorisation. The truth is that First Rate Crypto 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. 
  • 2022-12-07 BrokersView has found that First Rate Crypto is not working

    BrokersView found the domain "https://www.firstratecrypto.com/" is not working, as most probably it was suspended and it is always a bad sign when broker's website is suspended.

    BrokersView found the domain "https://www.firstratecrypto.com/" is not working, as most probably it was suspended and it is always a bad sign when broker's website is suspended.

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