Is CryptoMax Inc. A Good Broker or a Scam?
CryptoMax Inc. promises automated trading. This is an exciting and popular type of trading that is supposed to give people the freedom to trade any time and link their trades to market fluctuations. CryptoMax Inc. claims that their clients will double their investment in 7 days. This isn’t believable because it’s impossible to guarantee returns. In addition, CryptoMax Inc. has been flagged by the FCA for offering trading services without proper licensing.
We Have Some Concerns with CryptoMax Inc.
Automated trading sounds easy, but you need to work with a very reliable broker to succeed at it. Timing trades according to how the market moves can often lose the trader money before they become more experienced with automated trading. You aren’t going to learn anything from this broker, however. Not with a high-risk leverage of 1:500, no license and a warning from the FCA. We noticed that the most unreliable brokers are the ones that promise traders the moon and the stars. Stay away from CryptoMax Inc.
CryptoMax Inc. Red Flags
- No license
- False guarantees
- No transparency
- Negative reviews
Lost Money to CryptoMax Inc.? Talk to Us!
Our experts understand brokers–reliable ones and scam operations. We have researched brokers and have created these reviews to help consumers make the right choice for trading. We recommend that you avoid CryptoMax Inc. and instead find a reliable and licensed broker. If you have lost money to this broker, contact us and we will help you locate your funds