Mobile Crypto Limited is a forex broker whose official website domain was registered on September 4, 2022, primarily providing investors with financial derivatives trading services including forex, stocks, indices, energy, metals, and ETF contracts for difference. This broker does not offer services in jurisdictions where it would violate local laws or regulations.
Corporate Registration Information and Regulatory Status:
According to publicly available information on Mobile Crypto Limited's official website, the broker comprises several corporate entities and is regulated by multiple regulatory authorities. Among them, Mobile Crypto Limited has been authorized and licensed by the Cyprus Securities and Exchange Commission (CySEC) with license number 1780019. Mobile Crypto Limited (registration number HRB11677B) is designated as an agent in Germany by Ultra Booster Trade Ltd, registered with the Federal Financial Supervisory Authority (BaFin). Additionally, the broker was authorized by the Financial Services Commission (FSC) of Mauritius as an investment dealer on October 2, 2017, and is regulated by it, with license number C17554381. TVH Ltd is authorized and regulated by the Seychelles Financial Services Authority (FSA) with license number SD0175.
However, verification of the publicly available information on its official website shows that the Cyprus Securities and Exchange Commission (CySEC), the Federal Financial Supervisory Authority (BaFin), the Financial Services Commission (FSC) of Mauritius, and the Seychelles Financial Services Authority (FSA) have not found any regulatory registration information about this broker.
Opening an Account:
To open an account with Mobile Crypto Limited, visit the broker's official website and click on “SIGN UP FOR FREE” on the homepage or “SIGN UP” at the top right corner of the page to access the account registration page. Fill in personal information such as your name, email address, and set a login password before submitting. Once the application is submitted, the account is successfully registered.
Account Types:
Mobile Crypto Limited offers users a demo trading account and four different types of trading accounts: STARTER, BASIC, PRO, EXECUTIVE. However, details such as spreads, trading leverage, margin levels for stops/limits, contract size, trading commissions, minimum/maximum trade volume, maximum positions/orders, and minimum price precision are not disclosed on its official website.
Trading Platform:
Mobile Crypto Limited provides a proprietary trading platform to its users.
Deposits and Withdrawals:
Mobile Crypto Limited supports deposits and withdrawals via local bank transfers, electronic wallets, or cryptocurrencies.
Conclusion:
Traderknows reminds investors that Mobile Crypto Limited is a scam platform providing false regulatory information, with its website design and content identical to those of brokers such as Sterling Asset, FS Main, Venus Mining, Upfront Fx Trade, Safe Invest Trades, and Reliable Bitcoin Mining. Traderknows advises investors to choose brokers that are transparent, strongly regulated, and have a good reputation for their investment and trading activities to avoid unnecessary losses to their assets.
Currently, this broker is marked as "Suspected Scam" on Traderknows.
