Crypto Vision Broker Review

Crypto Vision

The United Kingdom’s Financial Conduct Authority has issued a warning against Crypto Vision in October 2023

If you are looking for a reliable and trustworthy online broker to trade cryptocurrencies, you might have come across Crypto Vision Broker. This platform claims to offer access to over 100 digital assets, low fees, high leverage, and advanced trading tools. But is Crypto Vision Broker a scam or a legit broker? In this review, we will examine the features, pros and cons, and reputation of Crypto Vision Broker to help you make an informed decision.

What is Crypto Vision Broker?

Crypto Vision Broker is an online trading platform that specializes in cryptocurrencies. It was launched in 2018 and is operated by Crypto Vision Ltd, a company registered in St. Vincent and the Grenadines. According to its website, Crypto Vision Broker aims to provide a secure, transparent, and user-friendly environment for crypto traders of all levels.

Crypto Vision Broker offers a web-based trading platform that can be accessed from any device with an internet connection. The platform has a simple and intuitive interface that allows traders to easily navigate the markets, place orders, manage their accounts, and access various tools and indicators. Crypto Vision Broker also provides a mobile app for Android and iOS devices, which enables traders to trade on the go.

Crypto Vision Broker supports over 100 cryptocurrencies, including Bitcoin, Ethereum, Ripple, Litecoin, Bitcoin Cash, and many more. Traders can trade these digital assets against fiat currencies (USD, EUR, GBP) or other cryptocurrencies. Crypto Vision Broker also offers leverage up to 1:1000, which means that traders can multiply their profits (or losses) by borrowing funds from the broker.

Crypto Vision Broker charges low fees for its services. The broker does not charge any commissions or spreads on its trades, but rather applies a dynamic fee structure based on the market conditions and the trading volume. The fees range from 0.01% to 0.25% per trade. Crypto Vision Broker also does not charge any deposit or withdrawal fees, but rather covers the network fees for its clients.

Crypto Vision Broker claims to offer a high level of security and privacy for its clients. The broker uses SSL encryption to protect the data and transactions on its platform. It also stores the majority of its clients’ funds in cold wallets, which are offline and inaccessible to hackers. Crypto Vision Broker also complies with the KYC (Know Your Customer) and AML (Anti-Money Laundering) regulations, which require traders to verify their identity and source of funds before using the platform.

Pros and Cons of Crypto Vision Broker

Pros:

  • Supports over 100 cryptocurrencies
  • Offers low fees and high leverage
  • Provides a web-based and mobile trading platform
  • Covers the network fees for deposits and withdrawals
  • Uses SSL encryption and cold storage for security

Cons:

  • Not regulated by any reputable authority
  • Has a limited customer support service
  • Has received some negative reviews online

Is Crypto Vision Broker a scam or a legit broker?

Crypto Vision Broker is not a regulated broker, which means that it does not have a license or authorization from any reputable financial authority. This poses a significant risk for traders who use the platform, as they are not protected by any legal or regulatory framework in case of disputes, complaints, or issues with the broker.

Crypto Vision Broker also has a questionable reputation online. There are several complaints and negative reviews from traders who claim that they have been scammed by the broker. Some of the common issues reported by these traders include:

  • Difficulty in withdrawing their funds
  • Manipulation of prices and charts
  • Unresponsive or rude customer support
  • Hidden fees and charges

Therefore, we advise caution when dealing with Crypto Vision Broker. While the platform may seem attractive with its low fees, high leverage, and wide range of cryptocurrencies, it also carries a high risk of losing your money or being scammed. If you are looking for a more reliable and trustworthy online broker to trade cryptocurrencies, we recommend that you check out our list of the best crypto brokers here.

What to Do If You’ve Lost Money with Crypto Vision?

If you have been scammed by Crypto Vision or any other broker, you’ll want to seek assistance from cryptocointrace.com immediately. Our experts will consult with you and bolster your claim to help you get your money back. Cryptocointrace.com is a leader in recovering your funds and will help you retrieve your funds from a broker scam.


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