To avoid being scammed by a con artist’s scheme, it is recommended to first take a look at what other people are saying about the company you want to invest in.
After doing some research on social medias (Facebook, twitter, instagram…) and trading forums, we found out that some users are unhappy about their experience with Crypto800 and wrote mixed reviews about it.
It seems like Crypto800 is not a reliable broker and you should take that into consideration before investing.
If you don’t want to be the next victim of a fraudulent broker operating with a fake company, always do your own research first.
Is Crypto800 Legit or a Scam?
This is the most important thing you need to know about a broker before using it. Is Crypto800 regulated ? Is it an offshore company ?
Most brokers are unregulated or regulated by an offshore regulation authority which won’t help you in case of problem. Keep in mind that if a broker steal your funds, you won’t be able to complain about it unless they are licensed by a serious regulator such as:
- The Cyprus Securities and Exchange Commission (CySEC)
- The Financial Conduct Authority (FCA)
- The Australian Securities and Investments Commission (ASIC)
An unregulated broker is clearly not authorized to operate in any regulated country and you should definitely not put any money into it.
You should definitely avoid any unregulated or offshore trading compagnies!
How Online Trading Scams Work
The common used strategy by fraudsters is to first display some winning trades on your account to give you the impression that you are quickly and effortlessly making money. This allow them to gain some trust and confidence from you.
Their next step is usually asking you to invest more money or get some friends and family to invest in order to get the maximum funds they can from you.
When they feel that you are not able to invest any more money into the scam, they will simply suspend your account and you probably won’t hear from them any longer.
Many scam firms fraudulently claim to be based in a regulated juridiction using fake addresses and regulation licences in order to look truthfull in the eyes of future clients.
Don’t fall into their trap.
More info about trading scams:
Got Scammed by Crypto800?
Have you been victim of this online trading company ? Did you lose money with them ? Everyone does mistakes. Don’t worry, you are not alone, and we are here to help you.
MyChargeback’s team of experts is available 24/7 in order to help you recovering your hard-earned money.
After you fill the form above, they will be able to build a chargeback case to fight the broker and get your money back as soon as possible.
Chargeback Is Your Solution!
As we said before, the good news is that there is a solution and it’s called a chargeback.
But what is a chargeback?
A chargeback is the retroactive cancellation and refund of a charge made using your credit card, wire transfer or some other payment methods.
Not a lot of people know that, but there is a high probability of getting your money back when you build a chargeback case as long as it is built correctly from the beginning to the end.
Using a chargeback service like MyChargeBack may be your only way to build an accurate and exact chargeback case in order to get your money back as fast as possible. Don’t waste any more time and request a free consultation by clicking the button below.