cryptocloudccp is a contract-for-difference (CFD) broker with a website domain registered on December 6, 2023. This broker primarily provides investment services for trading markets such as forex, commodities, indices, stocks, and digital currencies. It does not offer services to countries and regions where doing so may violate local laws or regulations.
Company Registration Information and Regulatory Status
According to publicly available information on the cryptocloudccp (cryptocloudccp.com) website, the broker's corporate entity is Crypto Cloudccp Limited, and it is regulated by the UK and the Australian Securities and Investments Commission (ASIC). However, all customer interactions will be directly with cryptocloudccp A/S, and all customer agreements will be signed with cryptocloudccp A/S, thus falling under Danish law. Additionally, the website's "Terms of Service" indicates that the service agreements provided by this broker are governed and interpreted according to Dutch law, and any disputes that cannot be amicably resolved should be submitted to the jurisdiction of Dutch courts.
Upon investigation, no regulatory information about a company called "cryptocloudccp" was found in the databases of the UK Financial Conduct Authority (FCA), the Australian Securities and Investments Commission (ASIC), the Danish Financial Supervisory Authority (Danish FSA), or the Dutch Authority for Financial Markets (AFM).
Therefore, cryptocloudccp (cryptocloudccp.com) is, in reality, an unregulated scam broker website.
Trading Instruments:
cryptocloudccp offers clients a variety of trading products, including forex, indices, commodities, stocks, and cryptocurrencies.
- Forex: Forex trading involves the exchange of different currencies, known for its high liquidity, enabling traders to profit from exchange rate fluctuations.
- Indices: Index trading allows speculation on the performance of an entire market or specific sector without trading individual stocks. Exploring popular indices can reveal diverse trading opportunities and leverage to amplify 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 participate in the price fluctuations of public companies, earning profits from price changes and dividends based on company performance without actually holding the stocks.
- Cryptocurrencies: Cryptocurrency trading offers digital currency enthusiasts the opportunity to profit from highly volatile assets.
Account Opening Process
The account opening process for a cryptocloudccp trading account involves visiting the broker's website, clicking "Open Account" at the top right corner to access the registration page, filling in personal details such as name, phone number, email address, and setting a login password, then submitting the form. Once verified, the account can be successfully registered.
Investment Plans
cryptocloudccp offers four different types of investment plans: STARTER PLAN, ENTHUSIAST PLAN, PROFESSIONAL PLAN, and VIP PLAN.
STARTER PLAN:
- Minimum deposit: $1,000
- Maximum deposit: $5,000
- Expected profit: 5% daily return on investment
- Profit term: 3 days
ENTHUSIAST PLAN:
- Minimum deposit: $5,000
- Maximum deposit: $10,000
- Expected profit: 8% daily return on investment
- Profit term: 6 days
PROFESSIONAL PLAN:
- Minimum deposit: $10,000
- Maximum deposit: $50,000
- Expected profit: 11% daily return on investment
- Profit term: 9 days
MASTER PLAN:
- Minimum deposit: $50,000
- Maximum deposit: $100,000
- Expected profit: 15% daily return on investment
- Profit term: 11 days
Trading Platform
cryptocloudccp claims to provide the MT5 trading platform for users, but the broker's information cannot be found on MT5.
Deposits and Withdrawals
cryptocloudccp only supports deposits through various cryptocurrencies.
Conclusion:
Traderknows reminds investors that cryptocloudccp is a scam broker that lures investors with promises of high returns. This site is actually unregulated and can only be contacted via email. It is recommended that investors choose brokers with transparent information, strong regulation, and good reputation to avoid unnecessary financial losses.
Currently, this broker is marked as a "Scam" on Traderknows.
