Cryptoresol is a forex broker that claims to have been officially registered and established on March 6, 2021. It primarily provides financial trading services, including forex, metals, indices, futures, contracts for difference (CFDs), energy, stocks, bonds, cryptocurrencies, and commodities to investors globally
Corporate registration information and regulatory status:
According to the broker's official license and regulatory page, Cryptoresol is registered as Cryptoresol Limited with the Cyprus Securities and Exchange Commission, having the license number 124/10. Additionally, Cryptoresol Limited holds an IFSC license with the number IFSC/60/354/TS/18. The broker's registration entity in the UK is Cryptoresol UK Ltd, regulated by the Financial Conduct Authority (FCA) with license number 705428. Cryptoresol Pty Ltd is the registered entity in Australia, having obtained a financial services license issued by ASIC with the number 443670.
On the "Contact Us" page, the broker claims its parent company is Exinity Limited, located in Mauritius. However, on the "Terms and Conditions" page, the broker states that its website is operated by Safe Side Trading LTD, registered in Saint Vincent and the Grenadines, and is the owner of the Cryptoresol trading platform.
Upon verification, it has been found that the content on the Cryptoresol official website appears to be involved in plagiarism and tampering. The information provided above corresponds to the registration and regulatory details of various different brokers, and no regulatory platform mentioned by the broker has records of a broker named "Cryptoresol." Additionally, the content and information on the Cryptoresol website closely resemble those of other brokers such as cryptorangefxt, BitPrimeOption, CrispFinances, xtbctrading, Elitesurefinace, Trust Icome, mexcinvestment, CRYPTO BINARY TRADE, IBES TRADING FX, PRIMAL-FX TRADING, Carlcent Metal Investment, BITFX INVESTMENT PLATFORM, PRIZZYBIZ FOREX COMPANY, SMART MIND ASSET, MKUPG ASSETS, and more.
Account Opening:
To open an account with Cryptoresol, you can visit the broker's official website, click on "Create Account" in the top left corner of the webpage, enter the account registration page, fill out the application form, and submit it. Once the application is submitted, the account will be successfully registered. After logging in, complete identity verification to deposit funds and start trading.
Account Types:
Cryptoresol offers users four different types of real trading accounts: STARTER ACCOUNT, BRONZE ACCOUNT, GOLD ACCOUNT, and DIAMOND ACCOUNT.
- STARTER ACCOUNT: This account requires a deposit amount of $100 to $3000, with a 7% investment return rate within 24 hours.
- BRONZE ACCOUNT: To open a BRONZE ACCOUNT, a deposit of $3100 to $8000 is required, and it offers a 15% investment return rate within 48 hours.
- GOLD ACCOUNT: The GOLD ACCOUNT demands a deposit ranging from $8100 to $15000, providing a 30% investment return rate within 96 hours.
- DIAMOND ACCOUNT: For a DIAMOND ACCOUNT, a deposit between $15100 and $50000 is necessary, and it promises a 50% investment return rate over seven days.
Trading Platform:
Cryptoresol provides users with its proprietary trading platform, Cryptoresol Web Trader.
Deposit and Withdrawal:
Cryptoresol supports users in depositing and withdrawing funds through methods such as bank transfers, debit and credit cards, online cards, and e-wallets.
In summary：
Traderknows warns investors that Cryptoresol, along with brokers such as cryptorangefxt, BitPrimeOption, CrispFinances, xtbctrading, Elitesurefinace, Trust Icome, mexcinvestment, CRYPTO BINARY TRADE, IBES TRADING FX, PRIMAL-FX TRADING, Carlcent Metal Investment, BITFX INVESTMENT PLATFORM, PRIZZYBIZ FOREX COMPANY, SMART MIND ASSET, MKUPG ASSETS, and others, are suspected fraudulent platforms that have plagiarized registration and regulatory information from various different brokerage brands. It is advisable to choose transparent and reputable trading platforms, despite their strength and good reputation, to avoid unnecessary financial losses.
Currently, this broker has been marked as a "Ponzi scheme" on Traderknows.
