KriptoMoore is a CFD broker whose official website domain was registered on February 6, 2024. The broker provides investment services across various trading markets, including forex, cryptocurrencies, indices, stocks, energy, and commodities. It does not offer services to countries or regions where it might violate local laws or regulations.
Company Registration and Regulatory Status
According to information publicly available on its official website (www.mtmspectrumai.live), KriptoMoore is registered in the UK as "LANDMARKSUPREMEINVT" and is regulated by the UK Financial Conduct Authority (FCA). The website also claims that KriptoMoore LTD is regulated by the Australian Securities and Investments Commission (ASIC).
Upon verification, no company named "LANDMARKSUPREMEINVT" was found to be registered with the UK Companies House. The FCA's website only lists an unauthorized firm named LANDMARK SUPREME INVESTMENTS. Additionally, the ASIC website does not show a company named "KriptoMoore" as being regulated.
Therefore, KriptoMoore (www.mtmspectrumai.live) is essentially a fraudulent broker website with no legitimate company entity or regulatory oversight.
Account Opening Process
The account opening process for KriptoMoore involves visiting the broker's official website, clicking "Open Account" on the homepage or "SIGN UP" at the top right corner, filling in personal information like name and email, setting a login password, and submitting. Once the account is verified, registration is complete.
Trading Instruments:
KriptoMoore offers a variety of trading products, including forex, indices, commodities, stocks, and cryptocurrencies.
- Forex: Forex trading involves currency exchanges, renowned for its high liquidity, allowing traders to profit from exchange rate fluctuations.
- Indices: Trading indices allows speculation on the overall market or specific industry performance without trading individual stocks, providing diverse trading opportunities and leveraging high potential gains.
- Commodities: Commodity trading covers key global market resources, allowing traders to buy and sell various raw materials, including metals, energy, and agricultural products.
- Stocks: Stock trading enables investors to partake in public companies' price fluctuations, earning based on company performance and dividends without holding actual stock.
- Cryptocurrencies: Cryptocurrency trading offers opportunities for digital currency enthusiasts to profit from these highly volatile assets.
Investment Plans
KriptoMoore offers four different types of investment plans: Basic account, Classic account, Platinum account, and Forex Signal Subscription.
Basic account:
- Minimum deposit: $500
- Minimum expected profit: $4,500
- Maximum expected profit: $5,000
- Trader education*
- Risk management
- Tax-free spread trading profits
Classic account:
- Minimum deposit: $5,000
- Minimum expected profit: $45,000
- Maximum expected profit: $50,000
- Expert news and analysis
- Competitive spreads
- Advanced trading tools
- Tax-free spread trading profits
Platinum account:
- Minimum deposit: $10,000
- Minimum expected profit: $99,999
- Full benefits
- Trader education*
- Advanced risk management
- Tax-free spread trading profits
Forex Signal Subscription:
- Professional forex signals
- Up to 10 signals per day
- 95% success rate
- 24/7 support
- Advanced trading tools
- Bitcoin payments only
- Use any broker
Trading Platforms
KriptoMoore claims to offer users the MT4 and MT5 trading platforms, providing deep liquidity, leverage up to 1:500, and industry-best spreads. However, upon verification, neither MT4 nor MT5 listed a broker named KriptoMoore.
Deposits and Withdrawals
KriptoMoore's homepage claims to support deposits and withdrawals through debit card, wire transfer, e-check, or check deposit. Meanwhile, its FAQ page states that multiple deposit methods, including credit/debit card and wire transfer, are not provided, supporting only cryptocurrency transactions.
Conclusion
Traderknows reminds investors that KriptoMoore is a scam broker that entices investors with high returns to deceive them. The website has no corporate entity and no regulation. It is recommended that investors choose brokers with transparent information, strong regulation, and good reputation for investment activities to avoid unnecessary financial losses.
Currently, this broker is marked as a "Scam" on Traderknows.