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Broker CryptoKG, operating in England, is considered a notorious criminal

CryptoKG broker review, CryptoKG.com - scammers Julius Conley

When we get to the official website of CryptoKG - CryptoKG.com, we will read that our company offers brokerage services for trading operations on the Forex financial market in England. CryptoKG also provides services for financial transactions.

Our employees browsed the CryptoKG website, got acquainted with the terms of action, made a trip to get a demo access to the software, investigated the existence of official documents, the place of residence of the organization.
With the help of this information, we will find out: Is CryptoKG a divorce or not?
In addition, we will explain to you how not to fall into the networks of scammers, about their methods of operation. We will give you the information you need to keep your finances safe.

The CryptoKG organization is offshore

The first sign that says that CryptoKG.com are criminals is the region of registration. According to the documents, the company is registered in the Marshall Islands, which is already suspicious, since CryptoKG.com operates in the UK. Offshore countries are popular with criminals due to the lack of legislation and regulation.
In addition, this region does not have the authority to work on the Forex market.
In addition, when we tried to reveal the real address, data on the owners and directors of CryptoKG.com, we failed to reveal anything.
This already demonstrates that CryptoKG.com is a criminal Internet broker, working with which will result in large financial losses.

No information found about CryptoKG organizers

Having studied the website, our specialists could not find reliable information about the directors of the CryptoKG organization. No legal address, no phone numbers or other methods to get in touch.
Usually, this means that managers try to hide information about themselves in order to avoid punishment for their actions. If one of the CryptoKG managers can be exposed, then everything will end there, and the actual owners of the shadow company will remain at large.

CryptoKG, website - CryptoKG, is less than thirty days old

The CryptoKG.com website speaks of many years of experience in the Forex financial market.
The most common way to explore any official site is to get information about the domain name. As a rule, they indicate the period of operation of the domain name, contact information of the owner.
In this case, the CryptoKG.com domain exists for less than 30 days, and all data about the legal entity that owns it is classified. Another evidence that the organizers of CryptoKG are trying to preserve their incognito.
Such a desire can be understood, but not when it comes to a financial company working as an intermediary between a client and the Forex financial market.
At the same time, CryptoKG themselves assure potential users that they have been effectively operating in the Forex market for a long time.

CryptoKG - Domain

CryptoKG does not have a trial period

It is normal practice for brokers to give users a demo version of the software in order for them to familiarize themselves with the interface, to test their strength in trading on the Forex financial market with a fake currency.
Unfortunately, on the official website of CryptoKG.com, we could not find information about the demo period, the opportunity to try the programs.
Probably the management of the CryptoKG.com company most likely does not plan to provide customers with trial access to paid software, since someone is able to suspect a scam.

Broker CryptoKG works with a negative account

Official firms that operate in the Forex financial market do not use a negative balance in their activities. By law, the user of an online broker cannot spend more than what is currently on his balance sheet. In situations where the account goes into a negative value, it is not the user who is obliged to pay off his debts, but the organization that offered its services.
Therefore, honest online brokers do not use a negative balance in their activities.
However, CryptoKG.com offers traders Forex operations with a negative balance, that is, on credit.
What is it for?
In order to drive a trader on credit and demand to repay the debt. This is one of the most popular fraud methods used by financial bandits.
In the event that this happened, it must be remembered that the scammers have no way to get money in accordance with the laws of Great Britain. All methods of influencing customers are criminal. The maximum that scammers are capable of is to call, send messages with threats.
You cannot cooperate with CryptoKG, as any agreements will result in losses.

CryptoKG operates with a leverage of one to four hundred or more

At this point, it becomes obvious that CryptoKG are bandits. Nevertheless, let us point out one more fact, namely the presence of an excessively large credit ratio.
The credit ratio is the ratio of user funds and online brokers when concluding a transaction. This allows significant operations to be carried out by traders who do not have the appropriate funds available.
To protect traders in the Forex financial market, laws in developed countries require the use of leverage with a maximum ratio of one to 30, in rare cases 50.
At the same time, CryptoKG uses a credit ratio of one to four hundred for trading activities in the Forex market.
This relationship is permitted in Switzerland, as firms registered in this country enjoy considerable confidence. However, CryptoKG is not formalized there.
In fact, CryptoKG are not allowed to work in the Forex financial market with such leverage, due to the high risk for clients. So, this is used solely to force the user to transfer as much of his own finances as possible, but also to drive him into debt.

Local CryptoKG offices

It is considered solid for every financial company to have local representative offices in civilized states, even if the activity is carried out exclusively on the territory of Great Britain. Therefore, CryptoKG informs that in addition to a significant number of awards, there are local offices in England, Australia and other civilized regions, and in addition, a large number of competent specialists.
Checking the existence of these representations is elementary. Since there are specialized structures that regulate the actions of brokers. In the UK it's FCA, and in Australia it's ASIC.
Accordingly, a legal organization must have official papers from these or other organizations that confirm their authorized right to provide trading services on the Forex financial market, determine the level of responsibility.
However, after examining specialized websites, our experts could not find them. Which once again confirms our suspicions.

For registration on CryptoKG.com, you need to transfer personal data

As we mentioned earlier, CryptoKG does not have a test period and because of this, in order to gain access, you must immediately transfer the minimum payment to CryptoKG bandits. In addition, access to the CryptoKG.com personal account is possible only upon completion of identity verification.
This means that CryptoKG requires its users to transfer information such as:

In addition, during the initial transfer, criminals can gain access to bank card information.
Combined, this information may allow the bandits to issue a loan to a deceived trader, or to carry out other criminal frauds.
Since registration on the official CryptoKG.com website requires you to send your personal information, we have not received access to the CryptoKG personal account and Forex trading programs.

Reviews about CryptoKG

The most important step in exposing CryptoKG is the analysis of user reviews.
A thorough study of the search results allowed us to obtain the following information:

Therefore, reviews of CryptoKG say that this online broker is a criminal.

Contact information and documents CryptoKG

While researching the mentions on CryptoKG.com, our experts have found a lot of dubious digital official papers that can be easily made with the help of a graphic editor. They are not confirmed by official companies, which means they cannot be trusted.
If an online broker is not associated with regulatory organizations, then its users simply have nowhere to turn for help.
On the "Contacts" page, we found a phone number. It turned out that it had already been used by an illegal broker. There are also many reviews on the web about fraudulent activities associated with the phone number listed on CryptoKG.com.

Withdrawing money from CryptoKG.com

Are you going to make money with the help of Forex online broker? Make sure that you can take away investments from him.
After analyzing the user agreement on the CryptoKG website, we did not find any information available about the ways to withdraw the money earned. In addition, our experts found a mention of penalties for prolonged account inactivity, but there was no data on the size. Since swindlers do not work in the legal field, it will not be possible to challenge these fines.
Because of this, if the client has finished working with CryptoKG, they may begin to disturb with calls and spam demanding to pay a fine.

How does CryptoKG work?

The way to search for users that CryptoKG uses is also alarming.
For advertising, fake social media accounts are used, in which fake users broadcast how they quickly managed to get rich by earning on Forex through CryptoKG. Fakes show expensive cars and clothes, travel to resorts, and other signs of a prosperous life.
Fakes promise a rapid income, for which you do not need to study or put in a lot of effort.
If a potential client gets in touch with scammers, CryptoKG managers talk about the possibility of instant earnings, as well as the unique features of their programs, which will make it possible to quickly withdraw a solid income.
Then all sorts of tricks are used to get the maximum amount of money from the user. For example, a client can create a fake profit in order to motivate them to invest even more.
When the work on the Forex market is negative, the representative of the organization will recommend transferring even more in order to compensate for the debt.
CryptoKG managers act according to the methods developed by experienced deceivers. Criminals analyze information about a trader in order to influence vulnerabilities and lure out more finances.
As a result, everything will come down to one of two results:

An additional way to earn income for CryptoKG can be the transfer of your personal information to third parties. Most likely, as a result, exhaustive information about you can really be obtained for a small amount of money on some anonymous service on the shadow Internet.
Surely, after that, various swindlers, sellers, etc. will write to you more often. You should also wait for calls from CryptoKG.com accomplices, who will offer the "return" of lost finances, of course for a bounty.
Since CryptoKG does not operate in a regulated field and remains anonymous, they cannot be forced to comply with current laws in Britain. The organizers of the fraudulent company are carefully hiding and in the best case, the police will be able to arrest one of the "managers".

CryptoKG.com - scammers

Is it worth working with CryptoKG?

Never!
If you are going to give finances to scammers, then it is better to spend them on a good deed.
Let's briefly voice the evidence that CryptoKG are scammers:

This is the end of the CryptoKG review. Obviously CryptoKG are scammers.


We have compiled a list of brokers, that we recommend avoiding.


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