Cryptos Growth is a CFD broker whose domain was registered on May 10, 2020. This broker primarily offers investment services in trading markets such as forex, digital currencies, precious metals, commodities, and funds to retail and institutional clients. It does not provide services to countries and regions that may violate local laws or regulations.
Company Registration Information and Regulatory Status
According to publicly available information on Cryptos Growth’s (cryptos-growth.ltd) official website, the full name of the company is Cryptos Growth Partners GmbH. The terms of service on the broker’s website state that “any litigation arising from the terms of this website shall be litigated in the courts located in Munich, Germany, and such litigation shall only be conducted in such courts.” Beyond this, the broker does not disclose the registration information or relevant regulatory information of its entity on its website.
Upon investigation, no registration information for a company named Cryptos Growth was found in the German Company Register and the German Federal Financial Supervisory Authority (BaFin). Additionally, a company of the same name, CRYPTOS GROWTH LTD, was found on the UK Companies House website, but it was dissolved on March 30, 2021.
Therefore, Cryptos Growth (cryptos-growth.ltd) is essentially an unregulated scam broker.
Account Opening Process
To open a trading account with Cryptos Growth, visit the broker’s website, click on “REGISTER NOW” on the homepage or “Join Now” at the top right to go to the account registration page. Enter your name, email, and other personal information as required, set a login password, and submit the form. After verifying your account, the registration will be successful.
Investment Plans
Cryptos Growth offers six investment plans: Ultimate VX plan, Minner-P2 Plan, Business Plan, Black-Gold GGX Plan, Promo hedge plan, Children Plan.
Ultimate VX plan:
- Trading Period: 15 hours
- Minimum Deposit: $50
- Maximum Deposit: $1,000
- Enhanced Security
- Access to All Features
- 24/7 Dedicated Support Services
- Return Rate: 5%
Minner-P2 Plan:
- Trading Period: 24 hours
- Minimum Deposit: $1,000
- Maximum Deposit: $5,000
- Enhanced Security
- Access to All Features
- 24/7 Dedicated Support Services
- Return Rate: 8%
Business Plan:
- Trading Period: 24 hours
- Minimum Deposit: $5,000
- Maximum Deposit: $15,000
- Enhanced Security
- Access to All Features
- 24/7 Dedicated Support Services
- Return Rate: 12%
Black-Gold GGX Plan:
- Trading Period: 48 hours
- Minimum Deposit: $15,000
- Maximum Deposit: $500,000
- Enhanced Security
- Access to All Features
- 24/7 Dedicated Support Services
- Return Rate: 17%
Promo hedge plan:
- Trading Period: 10 hours
- Minimum Deposit: $5,000
- Maximum Deposit: $15,000
- Enhanced Security
- Access to All Features
- 24/7 Dedicated Support Services
- Return Rate: 12%
Children Plan:
- Trading Period: 5 days
- Minimum Deposit: $10,000
- Maximum Deposit: $55,000
- Enhanced Security
- Access to All Features
- 24/7 Dedicated Support Services
- Return Rate: 12% every 10 hours, for five days
Trading Platform:
Cryptos Growth offers users a self-developed trading platform, but provides no detailed introduction and it is limited to the web only.
Deposits and Withdrawals:
Cryptos Growth allows users to deposit and withdraw funds through multiple cryptocurrencies.
Conclusion:
Traderknows reminds investors that Cryptos Growth is a scam broker luring investors with promises of high returns but is actually unregulated. Investors are advised to choose brokers with transparent information, strong regulation, and a good reputation to avoid unnecessary financial losses.
Currently, this broker is marked as a "Scam" on Traderknows.
