Scam Broker CloudMiningFX

Do You Want to Know If CloudMiningFX Is Legitimate or a Scam Broker? 

CloudMiningFX is one of the few bitcoin mining and crypto brokers who show you actual pictures and names of their team. They also say they have more than 30 years of experience. Since the crypto sector has only been around since 2008, we’re not sure how they can have 30 years of experience in crypto mining. This may mean combined experience but they don’t say so. In any case, there are more worrying issues with CloudMiningFX.

There Are Some Problems with CloudMiningFX

They promise “low risk,” but there is no such thing in the high-risk crypto sector. Also, they promise a set ROI based on account type. No broker or crypto mining service can guarantee an ROI. Additionally, CloudMiningFX has been flagged by The Financial Commission as a suspected scam. In addition, CySEC, the financial regulator in Cyprus has warned the public that CloudMiningFX is falsely claiming it’s regulated by CySEC. This is a good reason to avoid CloudMiningFX. 

CloudMiningFX Was Flagged for Any of the Following:

The following are common reasons brokers get flagged by regulators or identified by customers as scams

  • False claims of licensing
  • Flagged by The Financial Commission
  • Flagged by CySEC
  • No transparency
  • Tries to guarantee ROI
  • Verified customer complaints. 

If You Need Fund Recovery from CloudMiningFX, Talk to Us

We create these reviews to warn consumers about brokers and schemes that may be fraudulent. If you have an account with this broker close it and request a withdrawal. If you are not given your money back, contact CryptoCoinTrace right away. We will consult with you, work to track down your funds and create investigative reports, and will assist with fund recovery efforts.

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