CryptoGo365 Review: A Plethora of Instruments to Diversify Your Risks or SCAM?

CryptoGo365 - logo
Rating:
2

CryptoGo365 presents a plethora of instruments to diversify your risks, a common offering in the world of brokers. However, what sets this project apart? Is it a groundbreaking platform, or does it hide a potential scam? The answers lie within our detailed review; don’t miss out on uncovering the truth.

CryptoGo365 General Information

Website https://www.cryptogo365.com/
Phone Number +18007951389
Email info@cryptogo365.com
Address Beachmont Business Centre, 297, Kingstown, St. Vincent and the Grenadines
License
Minimum Deposit $250
Assets CFDs
Leverage Up to 1:400
Trading Platform Unknown software

Registration and Client Portal Review

Certainly, the official CryptoGo365 website is a part of our exploration. The initial impression is that of a somewhat template-based site. However, the homepage introduces a rather suspicious character, a man with a laptop giving off an unsettlingly amusing expression. Whether he is a jubilant trader or a potential scam artist relishing the prospect of exploiting you is hard to discern. We might be a bit biased, but the vibe doesn’t exactly scream trustworthiness.

Despite our reservations, it’s only fair to note that essential information is available on the site. Even trading conditions are outlined. It’s just that the peculiar choice of visuals raises an eyebrow or two. Maybe we’re being overly critical.

CryptoGo365 - website

The registration process at CryptoGo365 introduces a fresh twist. As you fill in the fields on the left, they magically appear on the form to the right. This might seem like a small detail, but in an era where broker forms tend to look eerily similar, it’s a breath of fresh air for us.

Registration

However, before we get too carried away with CryptoGo365’s praises, let’s pump the brakes. Beyond registration, you’re in for disappointment. This crafty broker doesn’t allow you to create an account smoothly. It claims there’s some error, suggesting you might need to contact support to resolve the issue. It’s a sham, of course. They just want to lure you into direct conversation tactics. Proceed with caution.

Registration failed

CryptoGo365 Trading Conditions

It’s that time – buckle up. We’re about to unravel trading conditions.

Account Types Review

CryptoGo365 presents its traders with a variety of account options.

  1. Let’s start with the Rookie account, the gateway drug into CryptoGo365’s trading realm. For a modest minimum deposit of $250, you get the basic perks: a 0.01 Min Lot Size, a supposedly secure platform, mobile trading (because who wants to be tied to a desk?), and the enticing allure of 24-hour trading.
  2. Moving up the ladder, we have the Basic account, demanding a more respectable $2,500 entrance fee. In return, you continue to enjoy the 0.01 Min Lot Size, the secure platform (fingers crossed), mobile trading freedom, and the perpetual glow of 24-hour trading lights. It’s like the middle child – not too flashy, not too neglected.
  3. Now, let’s step into Elite account territory, where the bar is raised to a $10,000 minimum deposit. This is where things supposedly get elite, or so they say. Embracing inclusivity, the Elite account throws in an Islamic account. However, wait, there’s more! You also get a personal account manager and the VIP treatment of daily market analysis.
  4. Feeling elite but not quite satisfied? Enter the Elite Plus account, a princely $25,000 ticket to the supposed upper echelons of trading excellence. Oh, and let’s not forget the cherry on top – a custom trading plan.
  5. Lastly, we reach the pinnacle – the VIP account, requiring a princely sum of $100,000. But hold your horses; you can’t just saunter in with a six-figure dream. No, no. You need to request access manually, and the CryptoGo365 royalty will decide if you’re worthy. It’s like a secret society, but for trading. What exactly this VIP status entails, we may never know.

Yet, as we peruse through the intricacies of its trading terms, it becomes glaringly evident that there’s nothing particularly groundbreaking here. Suffice it to say, our excitement is met with a tinge of disappointment.

Trading Platform

CryptoGo365 offers a trifecta of trading platforms to cater to varying preferences: a web trader, a downloadable application, and yes, even a mobile version. Now, here comes the catch – there’s a minor hiccup. The software in question is somewhat of an enigma. It’s not readily available in official app stores; instead, you’ll have to make a pitstop on the broker’s website for the download.

While the availability of multiple platforms is ostensibly a plus, the mystery shrouding the nature of this software raises a few eyebrows. The absence of these applications from well-known app stores introduces an element of uncertainty. The cautionary note here is simple – exercise prudence and think twice before downloading applications from unfamiliar sources.

CryptoGo365 — Deposit and Withdrawal of Funds

Embarking on a journey to discover deposit methods at CryptoGo365 might leave you scratching your head. Unlike transparent brokers that lay out their cards on the table, here you’re in for a peculiar experience. The website withholds the information you seek, leaving you in suspense until you succumb to the registration rigmarole.

The client portal serves as your comprehensive guide, detailing all the available deposit methods. Even the Frequently Asked Questions (FAQs) section acts as a gateway to this information.

While the specifics of deposit and withdrawal methods remain to be unveiled here, one thing is certain – there are no fees for depositing funds.

Verification

CryptoGo365 introduces a mandatory verification process, adding an extra layer of complexity to your trading journey. The verification voyage involves submitting personal documents to confirm your identity.

The process typically includes providing a valid government-issued ID, proof of residence, and, in some cases, additional documents for further validation. While the intent behind verification is clear, execution might vary, and traders should brace themselves for the time-consuming intricacies that often accompany such procedures.

Additional Options

As you delve into the CryptoGo365 ecosystem, you might stumble upon the notion of a partnership program. However, deciphering the specifics becomes a quest, as the exact details of this program are elusive. The broker tantalizingly mentions the existence of a partnership program but conveniently withholds the terms and conditions from the public eye.

It raises the question: Are these details exclusively housed within the client portal, or is it a deliberate omission to maintain an air of mystery? Traders contemplating engagement with CryptoGo365 find themselves in a position where even exploring potential collaborative opportunities becomes a leap of faith.

Is CryptoGo365 a Scam?

CryptoGo365, at first glance, fails to leave a lasting impression. However, let’s embark on a quest to explore its legitimacy.

In the footer, the broker proudly displays its registration in Saint Vincent and the Grenadines. Let’s subject this claim to scrutiny.

Legal data check

True, a search in the registry reveals the existence of such an entity. However, what insights does this provide? Primarily, it signals that CryptoGo365 is registered in an offshore jurisdiction, and not the most reputable one at that. Offshore locations like Saint Vincent and the Grenadines do not issue licenses for broker operations, and the regulatory landscape there has only tightened in recent years. Future registration requirements for brokers in this offshore haven may require presenting a license from the country where the company intends to operate. Meanwhile, CryptoGo365 doesn’t even have one license.

Cryptogo365.com Domain Info

Regarding CryptoGo365’s tenure, it doesn’t boast an impressive celestial alignment. The domain was registered in late 2021, and the company made its entry into the Grenadian registry in 2022. The question lingers: Is this a sufficiently substantial period of operation? Your judgment is as good as ours.

Domain info

Contacts Review

CryptoGo365 presents an appearance of transparency in its contact information, offering an email, phone number, and even an address. However, it’s crucial to discern that the provided address is more likely to be legal or nominal rather than a physical location. We strongly advise against attempting a visit, as it’s improbable that you’ll find anyone there. The illusion of accessibility might be just that – an illusion.

Pros and Cons

  • Offers a variety of account types.
  • Lack of regulatory oversight.
  • Operates as an offshore broker.
  • Unclear trading conditions.
  • Limited transparency on the legitimacy of the company.
  • Absence of a well-established track record.
  • Customer service response time is questionable.

 

3.5 TOTAL SCORE

CryptoGo365 Summary

CryptoGo365 - favi

CryptoGo365 emerged as an offshore broker lacking proper licensing. This absence of regulatory oversight raises red flags, urging traders to exercise extreme caution when considering any engagements with this platform.


Website information content 4
Client Portal 3
Trading conditions 4
Trading platform 4
Deposit and withdrawal 4
Verification 4
Extra options 3
Licenses and guarantees 2
Work duration 3
Feedback 4

Frequently Asked Questions (FAQ)

What Does CryptoGo365 Offer?

CryptoGo365 purportedly offers various account types and trading services.

How Much Money Should I Invest With CryptoGo365?

The minimum deposit requirement is stated as $250, according to their trading conditions.

Is CryptoGo365 Safe?

Safety remains uncertain as CryptoGo365 operates as an offshore broker without the backing of a reputable regulatory authority. Traders should approach this platform with vigilance and skepticism due to its unregulated nature.

Subhash Mishra
Forex & CFD Trader

Subhash is a Bengali who has been trading for 16 years. You will find the most objective reviews of Forex and CFD brokers in his articles.

Subhash is a Bengali who has been trading for 16 years. You will find the most objective reviews of Forex and CFD brokers in his articles.

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Client Reviews

  1. Zorinairn

    A chameleon

    Hello. CryptoGo365 is the successor to companies like Trade 12, LBLV, Hqbroker, and Tradershome. The analysts seem to be the same, as evidenced by the familiar voting patterns. I would like to share my experience with this company and its predecessor, LBLV. They propose an additional contract for stock processing, allowing trades to open before the market does, often at incorrect prices. Fulfilling the specified lot size is nearly impossible. While supposedly managed by an individual in Israel, there are also links to citizens of Georgia. The company resorts to intimidation tactics against dissatisfied former clients and may even damage their property. Clients are strongly “encouraged” not to post reviews, record videos, and to remain silent, facing alternative methods of coercion if they don’t comply. The company employs couriers for fund collection, presenting a scenario where you exchange currency at an exchange point, naming a code, and they interpret it as a cryptocurrency deposit on their records while actually receiving the funds in person. I strongly advise against engaging with this company; once you deposit funds, retrieving them becomes an impossible task.

    Reply
  2. Jamie Munoz

    Idk

    Unfortunately, Islamic accounts are only applicable to Expert Pro and VIP accounts, both requiring a substantial minimum deposit that is beyond my financial reach. Considering the high barrier to entry, I’m contemplating switching to a more user-friendly broker. To their credit, they boast a professional and helpful customer support team.

    Reply