Broker CryptoKG, which operates on the territory of Britain, is a scammer with an unclean reputation

CryptoKG broker review, CryptoKG.com - scammers

When we get to the official website of CryptoKG - CryptoKG.com, we will read that this organization provides trading services on the Forex financial market in Great Britain. In addition, CryptoKG offers services for financial transactions.
Our experts analyzed the official website of CryptoKG, got acquainted with the working conditions, made attempts to get demo access to the programs, analyzed the existence of official documents, the region of registration of the company.
With the help of this information, we will find out: Is CryptoKG a divorce or not?
In addition, we will explain to you how not to fall for the hook of scammers, about their methods of operations. We will provide the necessary information to keep your investment safe.

CryptoKG organization based offshore

A serious call, which indicates that CryptoKG are bandits - the state of residence. The organization is documented in the Marshall Islands, which is already suspicious, since CryptoKG.com operates in Great Britain. Offshore countries attract the attention of scammers due to the lack of legislation and supervision.
In addition, this region does not have permissions for Forex activities.
Moreover, when our experts tried to detect the physical or legal address, mentions of the owners and directors of CryptoKG.com, they could not find anything.
This hints that CryptoKG.com is a shady online broker that will result in serious financial losses.

Couldn't find any data about CryptoKG.com management

After analyzing the website, our experts could not find reliable information about the organizers of the company CryptoKG.com. No physical or legal address, no phone numbers or other means of communication.
We assume that this means that the current directors are trying to hide information about themselves in order to avoid punishment for their actions. If you manage to catch one of the CryptoKG employees, then this will all end, and the real owners of the fraudulent organization will remain free.

CryptoKG, official site - CryptoKG.com, has less than thirty days of existence

The CryptoKG.com website talks about significant experience in the Forex market.
The most common method for checking any official site is to obtain information about its domain. Usually, they indicate the age of the domain, the contact details of its owner.
In a specific case, the CryptoKG domain name is valid for less than 30 days, and the information about the person who owns it is classified. Another evidence that the director of CryptoKG is trying to keep incognito.
This desire can be accepted, but not when it comes to a financial company acting as an intermediary between the client and the Forex financial market.
At the same time, CryptoKG assure their potential users that they have been successfully trading in the Forex market for a long time.

CryptoKG - Domain

CryptoKG does not have a trial period

It is normal practice for brokers to provide users with a demo version of their services so that they can familiarize themselves with the interface and try their hand at playing the Forex market with a fake currency.
Unfortunately, on the CryptoKG website, we did not find information about the demo period, the opportunity to try the software.
We assume that the director of the CryptoKG firm is simply not going to give traders trial access to paid software, as someone is able to start to suspect something is amiss.

Internet broker CryptoKG.com works with a negative account

Official companies that operate in the Forex financial market do not use a negative balance in their activities. In accordance with the laws, the user of an online broker is not able to spend more now is on his balance. In cases where the balance still goes into a negative value, the loan must be repaid not by the client, but by the company that provided its services.
Therefore, official brokers do not use a negative account in their work.
However, CryptoKG.com gives its users Forex operations with a negative balance, that is, in debt.
Why is it necessary?
In order to drive the client into debt and start paying off the debt from him. This is one of the most popular methods of deception used by financial bandits.
If this happens, you need to know that criminals have no way to get finance under British law. Absolutely all methods of pressure on you are considered illegal. The most that scammers are capable of is calling, sending letters with demands.
It is impossible to cooperate with CryptoKG.com, as all agreements will turn into new costs.

CryptoKG.com operate with a credit ratio of one to 400 or more

At this point, it becomes clear that CryptoKG are bandits. However, let's pay attention to another nuance, namely the presence of an extremely high credit ratio.
Leverage is the ratio of money users and online brokers make when making a deal. Leverage makes it possible to close large trading deals for traders who do not have sufficient funds with them.
In order to protect users of the Forex market, in civilized regions, the legislation provides for the use of leverage with a maximum ratio of 1 to 30, in rare cases fifty.
At the same time, CryptoKG applies a leverage of 1 to four hundred for operations on the Forex market.
This attitude is allowed in Switzerland, as companies registered in this country are highly trusted. But CryptoKG is not registered in this country.
In fact, CryptoKG is not allowed to trade Forex with such a credit ratio, due to the high risk to users. Accordingly, this is done solely to force the client not only to transfer as much money as possible, but also to drag him into loans.

Local CryptoKG offices

It is considered prestigious for every firm to have regional branches in developed regions, even if the work takes place exclusively in Great Britain. Therefore, CryptoKG reports that in addition to many awards, there are local offices in Britain, Australia and other developed countries, and in addition about a large number of experienced professionals.
Checking the reality of these branches is quite simple. After all, there are specialized organizations that control the work of Internet brokers. In the UK it's FCA, and in Australia it's ASIC.
Accordingly, the official organization is required to have supporting documents from these or other structures that confirm their ability to provide services for trading operations on the Forex market, regulate the degree of responsibility.
However, after analyzing industry websites, our experts did not find them. Which once again reinforces the fears.

For registration on CryptoKG.com, you need to transfer confidential data

As we said earlier, CryptoKG does not have a trial period, and therefore, in order to gain access, you must immediately transfer the minimum payment to CryptoKG scammers. In addition, access to the CryptoKG.com personal account is possible only upon completion of the client confirmation.
This means that CryptoKG requires its clients to transfer data such as:

In addition, with the first payment, fraudsters are able to access personal account data.
Combined, this information could allow the bandits to smuggle a loan on a gullible trader, or carry out other illegal transactions.
Since you need to transfer your personal information to register on the CryptoKG.com website, we were unable to access the CryptoKG personal account and applications for trading in the Forex financial market.

Real reviews about CryptoKG

A very important step in exposing CryptoKG is the analysis of user reviews.
A detailed analysis of the search results on the Internet allowed us to obtain the following information:

Because of this, real reviews of CryptoKG report that this online broker is a criminal.

Contact information and papers CryptoKG

After analyzing the information on CryptoKG.com, we have identified many dubious digital white papers that can be easily made using a graphic editor. They are not confirmed by official organizations, which means they cannot be trusted.
If the broker is not associated with regulatory companies, then clients simply have nowhere to turn for help.
On the "Contacts" page, our specialists saw a phone number. It turned out that it had already been used by an illegal online broker. There are also many reviews on the web about fraudulent activities associated with the phone number listed on CryptoKG.com.

Withdrawing money from CryptoKG.com

Are you going to make money with the help of the financial market Forex online broker? Make sure you can take money from him.
Analyzing the client agreement on the official website of CryptoKG, we did not find any information available on how to withdraw funds. At the same time, our employees found a mention of punishments for a long period of inactivity of the account, but did not find data on the amounts. Since criminals do not operate in the official field, these fines cannot be protested.
Because of this, if the user has finished working with CryptoKG, they may begin to disturb him with calls and write letters demanding to pay the fine.

How does CryptoKG operate?

The method of searching for new users that CryptoKG uses is also suspicious.
For promotion, fake profiles on social networks are used, in which fake bloggers spread information about how they instantly managed to get income by trading on the Forex financial market with the help of CryptoKG. Advertising accounts showcase expensive cars and jewelry, vacations at resorts, and other indicators of a rich life.
They guarantee instant income growth, for which you do not need to learn or make a lot of effort.
If a trader gets in touch with them, CryptoKG employees report the possibility of instant income, as well as some unique features of their services that will allow you to instantly make a big profit.
Further, various tricks are used to get the maximum investment from the client. For example, a fake profit can be created for a client to inspire to transfer even more funds.
If the work on the Forex market is unprofitable, the manager will recommend investing more to close the losses.
CryptoKG managers act according to the manuals developed by qualified scammers. Scammers study information about the client in order to influence weaknesses, get more deposits.
One way or another, everything will lead to one of two options:

Another way to make money for CryptoKG can be the transfer of your personal information to third parties. Most likely, after that, comprehensive information about you will be available for a moderate amount of money on some anonymous community on the darknet.
Most likely, because of this, all sorts of bandits, managers, etc. will call you more often. In addition, you can expect letters from CryptoKG accomplices who will begin to offer a "return" of lost money, of course for a fee.
Since CryptoKG does not operate in the legal field and preserves anonymity, they cannot be forced to be liable under applicable laws in Britain. The owners of the criminal firm are skillfully hiding and in the best case, the legitimate authorities will be able to catch one of the "managers".

CryptoKG.com - scammers

Should I trust CryptoKG?

In no case!
If you plan to transfer finances to scammers, then it is better to give them to charity.
Let's briefly list the evidence that says that CryptoKG are scammers:

Full review of CryptoKG - finished. Obviously, CryptoKG are bandits.


Tags:

Comments (0)

Digital Investiocoin Group. Forex Broker review

If we go to the official website of the Digital Investiocoin Group - digitalinvestio-fx.online, we will find that this company offers intermediary services for trading in the Forex financial market in England. In addition, Digital Investiocoin Group provides programs for trading operations.

How to return deposits from AvizGroup? Avizgroup.world honest customer reviews

How does Avizgroup.world cheat people? A complete analysis of the activities of an online broker. Save your investments from crooks!

Trader Platform real reviews - tipranks.trader-platform.com SCAM!

From time to time there are brands offering brokerage services in the Forex financial market. In order for customers to know who they can trust, our experts have written a review of the Trader Platform operating in the UK.

Hubblebit scam, hubblebit.com reviews

Hubblebit is scamming Forex traders. How does cheating happen? Detailed review on our portal.