IC-Crypto Review: Is It a SCAM?

IC-Crypto - logo
Rating:
1

How do you feel about the offer to beat volatile markets? This is precisely what IC-Crypto is proposing. However, what kind of broker is it? Is it a scam? What offerings does it have for traders? Find all the answers and more in our detailed review.

IC-Crypto General Information

Website https://ic-crypto.com/, https://iccrypto.co/
Phone Number +00 11 222 333
Email support@ic-crypto.com
Address
License
Minimum Deposit $250
Assets CFDs
Leverage Up to 1:400
Trading Platform WebTrader

Registration and Client Portal Review

The official website attempts to make a strong impression, but it falls short due to some issues. Firstly, the main page contains overly simplistic graphics that somewhat detract from its professional appearance. Additionally, the website’s menu structure is lacking in clarity and feels disorganized, making navigation less intuitive.

Another noticeable drawback is the limited information available about the company. The website provides scant details, requiring visitors to piece together information bit by bit. In summary, the website could benefit from improvements in terms of visual elements, menu organization, and the provision of comprehensive company data.

IC-Crypto - website

The registration process at IC-Crypto is as breezy as a gentle spring breeze, which might make you wonder if they’re really a broker or just trying to form the world’s fastest traders’ club. It’s so quick that it could give even the speediest tortoise a run for its money. Unlike some of the more buttoned-up brokers out there who insist on verifying even your pet’s birth certificate, the firm goes for a more carefree approach.

Picture this: you enter your name, email, phone number, and your password. There’s no need for email or phone verification, and you won’t have to decipher any cryptic riddles to prove you’re human. It’s like they’re saying, “Come on in, everyone’s welcome!” But, of course, in the world of finance, a little extra security never hurts.

Registration

IC-Crypto has its own unique way of doing things. After you’ve breezed through the charmingly simple registration form, the broker will politely say, “Thank you for your application, we’ll be in touch.” And then, it’s like a magic show – poof! That’s it. You wait for their call, like waiting for your pizza delivery.

Now, don’t get us wrong, it’s not a terrible approach. In fact, it’s kind of like online dating – you put yourself out there, and they promise to call. The only difference is that in the dating world, if you don’t get a call, you can eat ice cream in your pajamas; here, you might be wondering if you’ll ever hear from them. Patience is a virtue. However, in the world of finance, it’s more like a test of nerves.

IC-Crypto Trading Conditions

It strides onto the scene with a vision for the future of trading, waving the flag of innovation and modernity in the trading world. With such grand ambitions, it’s only natural that we anticipate stellar trading conditions from this forward-looking broker. So, let’s embark on this journey and uncover the treasure chest of offerings they’ve laid out for us.

Account Types Review

IC-Crypto introduces a captivating lineup of five distinct account types, each bearing names that evoke curiosity: Trial, Secondary Income, Managed Portfolio, Retirement, and Heritage. It’s almost like they’ve borrowed their account-type names from a blockbuster movie franchise.

For those who are just about to set sail on their trading voyage, the Trial account awaits with a modest minimum deposit of $250. This entry-level option provides traders with the power of flexible leverage, going up to an impressive 1:100, and a market review service.

Now, fasten your seatbelts because we’re about to reveal the Secondary Income account, which commands a rather substantial $10,000 deposit. The intrigue deepens! This account dangles a carrot of additional services. However, here’s the million-dollar question: does this package genuinely justify its $10,000 price tag? We find ourselves at a crossroads, hoping that the broker doesn’t lead us down an unexpected plot twist of pricing surprises.

And last, there’s the Heritage account, the Holy Grail of accounts, where you’ll need to part with a jaw-dropping $250,000 to unlock its secrets. It promises trading conditions of an exceptional, perhaps even elite, nature. One can’t help but wonder if this hefty investment truly delivers on its promise of grandeur. It’s a bit like the VIP section of a fancy club – will it be worth the cover charge, or will you find yourself wondering if you could’ve had just as much fun on the dance floor with the regular crowd?

Trading Platform

IC-Crypto certainly takes a unique approach by intertwining their trading terminal with the client portal, a fusion that, while intriguing, might not be the pinnacle of convenience. Moreover, the broker chooses to offer only a web-based version of their platform, which comes with its own set of quirks and limitations.

The web-based platform’s performance falls into the moderate category, neither wowing us with its capabilities nor leaving us entirely dissatisfied. It boasts a collection of indicators that, while adequate, may not satisfy the cravings of the most demanding traders.

The platform indeed covers the essentials, allowing you to execute your trades and monitor the market, but it falls short of claiming the throne as the industry’s finest trading platform.

IC-Crypto — Deposit and Withdrawal of Funds

Managers offer a rather limited selection of funding options, primarily relying on credit cards, bank transfers, and virtual currency. While these methods are indeed commonly used in the industry, it’s hard to ignore the fact that this brokerage falls short in providing a more diverse and comprehensive range of payment choices.

When it comes to withdrawals, system permits using the same payment systems. However, the broker’s transparency takes a hit when it comes to revealing withdrawal fees or any associated charges.

Verification

Upon signing up for an account with IC-Crypto, there’s a standard procedure that most brokers follow, requiring users to provide specific identification documents to fulfill regulatory and security requirements. These standard documents typically encompass a valid government-issued identification, proof of your residential address, and any other pertinent documentation that adheres to the regulatory standards in your respective jurisdiction.

After you’ve dutifully submitted these documents, you’ll find yourself in a waiting period. During this time, the diligent compliance team will meticulously review the documents you’ve supplied.

Additional Options

The multitude of supplementary services available piqued our interest. Yet, it swiftly became evident that these offerings were designed with a specific clientele in mind, one with a notably robust budget. It’s almost as if the broker is proclaiming, “Exclusive trading experiences are on offer for those with substantial financial resources.” But what about traders who are just starting their journey?

Is IC-Crypto a Scam?

The trading conditions provided seem to lack the standard features that are typically associated with reliable and reputable brokers, which raises significant questions regarding their trustworthiness. To gain a deeper understanding, let’s take a more comprehensive and detailed exploration into the fundamental aspects.

IC-Crypto keeps a shroud of secrecy around its legal information, making it quite challenging to determine its true identity or where it operates. The broker doesn’t disclose its registration details, any associated legal entities, or provide any licenses. This lack of transparency is concerning for several reasons. It creates ambiguity regarding the broker’s accountability and regulatory oversight, potentially putting clients at risk. Furthermore, the absence of essential legal information raises suspicions about the legitimacy of the broker.

In fact, only in the user agreement, in fine print, is it mentioned that the broker operates under the jurisdiction of Saint Vincent and the Grenadines. We checked the registry of this state, and it turns out that there is still no record of such a company there.

Iccrypto.co Domain Info

The fraudulent nature of the broker becomes evident when we examine the domain registration date. Our investigation, using the Whois service, reveals that the broker’s domain was created on October 12, 2023. This relatively short time frame is a red flag in the financial industry. It’s as if the broker is saying, “We’re here today, gone tomorrow.” It’s like investing your money in a financial magician who performs the disappearing act without any rabbits or hats. This brevity raises concerns about the broker’s long-term commitment and reliability.

Domain info

This article has been updated. We would like to inform you that the owners of the project did not continue to use this site, kindly reserved until November 2025. Instead, they have purchased the domain iccrypto.co and are now operating there. Enjoy!

Contacts Review

IC-Crypto contact information is shrouded in mystery. Their email address is visible, but instead of a legitimate phone number, they provide a rather cryptic string of digits: +00 11 222 333. It’s like they’re giving you a secret code instead of a way to reach them. Perhaps you’ll need to decipher it like an enigmatic riddle to connect. And as for their address, well, it’s as elusive as a unicorn in the financial world – it simply doesn’t exist.

Pros and Cons

  • Slick website design.
  • Lack of regulatory information.
  • Cryptic contact details.
  • Absence of an address.
  • New domain registration.
  • Complex account types.
2.8 TOTAL SCORE

IC-Crypto Summary

IC-Crypto - favi

In conclusion, this project exhibits several alarming characteristics that cast a shadow of doubt over its legitimacy and trustworthiness. The absence of crucial legal information, including registration, licensing, and regulatory details, raises red flags. The cryptic contact information, coupled with the recent domain registration, further deepens suspicions.


Website information content 3
Client Portal 2
Trading conditions 4
Trading platform 4
Deposit and withdrawal 4
Verification 4
Extra options 3
Licenses and guarantees 1
Work duration 1
Feedback 2

Frequently Asked Questions (FAQ)

What Does IC-Crypto Offer?

It offers a range of trading services, including various account types and access to financial markets.

How Much Money Should I Invest With IC-Crypto?

It sets the minimum deposit at $250, according to its trading conditions. While this amount may be accessible for many traders, it’s essential to carefully consider your investment decisions and risk tolerance.

Is IC-Crypto Safe?

It does not inspire confidence in terms of its legitimacy and safety. The lack of essential legal information, such as registration details, licenses, and regulatory compliance, raises concerns about the broker’s credibility.

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. Gretta

    Oh boy

    I’ve seen plenty of fraudulent companies trying to convince everyone that they provide brokerage services, but this one has all the telltale signs of a scam. Even their contact details are fake, including both the phone number and email. Their website lacks essential information and only praises the company without disclosing any terms of cooperation, which is crucial for any trader. It’s clear that the site was slapped together. All the information on it is deceptive, and this company probably doesn’t even exist in reality. These scammers simply created a basic website to trap gullible newcomers.

    Reply
  2. Clark

    No, never

    I believe most people understand that many scammers are masquerading as forex brokers, and IC-Crypto is no exception in this context. To expose scammers, all you need to do is read their terms and conditions. For instance, there’s a clause stating that the company has the right to arbitrarily change user commissions. In other words, there’s nothing stopping them from taking your money, even if you managed to earn something on their platform. This is one of the many nuances you can find in such documents and confirm that the company is unscrupulous. No matter how much they claim to offer the best trading conditions on the market, I will never work with them.

    Reply
  3. David Walton

    Mr.

    I requested a withdrawal of $15,000.00 my Account manager Jordan Hill advised me that this would done at the end of Mar. at which time he said they needed another week which was Apr 5. Since then I have been unable to contact them and they don’t answer emails and they phone number is fake. I supposedly have $63,000.00 US in my account a lot is my investment.

    Reply