Crypticbucks is a CFD broker with a domain registered on January 5, 2024. The broker primarily offers investment services in markets including forex, cryptocurrencies, indices, stocks, energy, and commodities. It does not provide services to countries or regions where doing so would violate local laws or regulations.
Company Registration Information and Regulatory Status
According to public information on Crypticbucks’s (crypticbucks.online) official website, the broker was established in 2016 and is registered in the United States as an international business company under the entity CrypticBucks Ltd, with a registration number of 0145YH9NF2789. The company claims to have a license as an investment dealer and broker, issued by the U.S. Securities and Exchange Commission (SEC) with the license number GA00632217. Additionally, Crypticbucks asserts it holds a regulatory license from the Australian Securities and Investments Commission (ASIC) for a company named "VLS."
Upon investigation, neither the U.S. Securities and Exchange Commission (SEC) nor the National Futures Association (NFA) list CrypticBucks Ltd as a regulated entity. Similarly, the Australian Securities and Investments Commission (ASIC) does not list a regulated company named "VLS."
Thus, Crypticbucks (crypticbucks.online) is, in fact, a fraudulent broker website with no legitimate company entity or regulatory oversight.
Account Opening Process
To open an account with Crypticbucks, visit the broker’s official website, click "Open Account" on the homepage or "SIGN UP" at the top right corner to access the registration page. Fill in personal information such as your name and email and set a login password. After submission and verification, the registration will be successful.
Trading Instruments
Crypticbucks offers a variety of trading products, including forex, indices, commodities, stocks, and cryptocurrencies.
- Foreign Exchange: Forex trading involves the exchange of different currencies, known for its high liquidity that allows traders to profit from currency fluctuations.
- Indices: Trading indices allows speculation on the performance of an entire market or specific industry without trading individual stocks, offering diverse opportunities and the potential for high leverage gains.
- Commodities: Commodity trading spans key global resources, allowing traders to buy and sell various raw materials including metals, energy, and agricultural products.
- Stocks: Stock trading enables investors to engage with the price fluctuations of public companies, earning profits from price changes and dividends based on company performance without actually holding the shares.
- Cryptocurrencies: Cryptocurrency trading offers digital currency enthusiasts the opportunity to profit from highly volatile assets.
Investment Plans
Crypticbucks offers four types of investment plans: STARTER ACCOUNT, CLASSIC ACCOUNT, PLATINUM, and FOREX SIGNALS.
STARTER ACCOUNT:
- Minimum Deposit: £500
- Minimum Expected Profit: £3,500
- Maximum Expected Profit: £5,000
- Trader Education*
- Risk Management
- Tax-Free Spread Trading Profit
CLASSIC ACCOUNT:
- Minimum Deposit: £5,000
- Minimum Expected Profit: £45,000
- Maximum Expected Profit: £50,000
- Expert News & Analysis
- Competitive Spreads
- Advanced Trading Tools
- Tax-Free Spread Trading Profit
PLATINUM:
- Minimum Deposit: £10,000
- Minimum Expected Profit: £99,999
- Full Benefits
- Trader Education*
- Advanced Risk Management
- Tax-Free Spread Trading Profit
FOREX SIGNALS:
- Professional Forex Signals
- Up to 10 Signals per Day
- 95% Success Rate
- Round-the-Clock Support
- Advanced Trading Tools
- Bitcoin-Only Payments
- Use with Any Broker
Trading Platform
Crypticbucks offers a proprietary trading platform, claiming an average order execution speed of less than 7.12 milliseconds, with over numerous liquidity providers and more than 12,000 orders executed per second.
Deposits and Withdrawals
Crypticbucks only supports deposits and withdrawals via cryptocurrency.
Conclusion
Traderknows warns investors that Crypticbucks is a scam broker that lures investors with high returns but has no company entity or regulation. Investors are advised to choose brokers with transparent information, strong regulation, and good reputations to avoid unnecessary financial losses.
Currently, this broker is marked as a "Scam" on Traderknows.
