Is CryptoMax a Good Broker or a Scam?
Automated trading and cryptocurrencies. What’s not to like? Plenty if you are dealing with a high-risk unregulated broker like CryptoMax. This trading service claims that clients will double their investment in just 7 days. Sounds too good to be true. It is. No broker or automated trading app can make such promises. Anyone who guarantees such lofty returns is not telling you the truth. Reliable brokers won’t guarantee returns and especially not something unrealistic such as a 100% return in a week.
We Have Some Concerns with CryptoMax
We have examined CryptoMax carefully and found a number of problems. In addition to unrealistic guarantees, it has no license, no transparency about who runs it and what their credentials are. Its leverage is at unsafely high levels–1:500. In short, there is nothing we find trustworthy about this broker and we recommend that instead opening an account with a regulated reliable broker.
CryptoMax Red Flags
- No license
- False promises
- No contact information
- High leverage
- No transparency
- Negative reviews
Lost Money to CryptoMax? Talk to Us!
Our experts understand brokers–reliable ones and scam operations. We have researched brokers and have created these reviews to help consumers make the right choice for trading. We recommend that you avoid CryptoMax and instead find a reliable and licensed broker. Take your money out of this broker–request a withdrawal. If they don’t grant it, contact us and we will help you locate your funds