Should You Trust IC-Crypto? A Comprehensive Review of iccrypto.co

Trading can be a great way to earn and learn, but inexperienced traders may encounter several challenges when choosing a platform. For instance, there are brokers in the market engaged in fraudulent activities, keeping all the client’s profits along with their deposit for themselves. According to statistics, every other user has faced dishonest organizations at least once, which is why it’s essential to read this IC-Crypto review.

Is IC-Crypto a Trusted Broker?

To a novice trader, this platform might seem appealing as it promises quick earnings and guarantees profits. However, such promises raise suspicions, especially since the broker’s official website provides very little information about its achievements and why it claims to be the best in the market.

Instead of demonstrating success and reliability, traders are bombarded with numerous advertising banners urging them to deposit funds and get rich. The broker claims to have reached a global level long ago and provides the best service in the market. Yet, once again, there’s no evidence to support these claims.

Educational materials are entirely copied from other articles on the internet, indicating insufficient investment in the project. In such a case, it’s difficult to talk about the global nature of its work since promotion and development always require funds.

Another suspicious aspect is the account types’ cost. Not every novice trader is comfortable investing $250, as it’s a significant sum of money. Even if a client agrees to make such a deposit and start trading on the platform, they can only improve their account’s capabilities for $10,000.

The basic account offers leverage of 1:400, but reliable brokers have never set such parameters because they understand all the risks of trading with borrowed funds. However, IC-Crypto has added this feature, most likely not to enhance the trader’s capabilities but to ensure that newcomers quickly lose all their savings due to minor price fluctuations.

The VIP program at IC-Crypto trading platform includes assistance from a personal manager, but it’s impossible to find out who this person will be and what expertise they have in this field. Traders take significant risks when following the recommendations of such employees, since their advice can easily lead to the loss of the entire deposit within minutes, and you won’t be able to get help from the broker.

Concerned About Withdrawal?

The terms of cooperation with this company are similar to those on other fraudulent platforms. Even the answers in the frequently asked questions are completely copied from other websites and do not differ at all. The minimum withdrawal amount is $100, and the minimum deposit is $250. It is impossible to test the platform’s functionality without depositing funds.

All available payment methods will only be visible after registration. Forex Broker IC-Crypto claims that you can deposit and withdraw funds using a bank card and electronic wallets, and the commission level will vary depending on the chosen method.

How Long Does The Broker Work?

The website started operating on February 15, 2024. The broker itself neither confirms nor denies this information, and it was obtained through the Whois service. It is hardly possible to trust a platform that has been on the market for such a short time, as it has not had a chance to prove itself yet, but already claims to provide the best service worldwide.

Other Signs of Fraud

❗ Deposit bonus. It is bonuses that fraudsters use to attract clients. Regulators prohibit bonus programs as they may indicate the unreliability of the project. However, IC-Crypto has added it to its platform. However, we have already found out that the broker has no regulator.

❗ Customer support operates on a schedule but does not always respond even during working hours. Operators can only be reached on weekdays at a specific time, but clients report that employees do not respond to their questions and completely ignore them. How to resolve financial issues without involving law enforcement is unknown because the support staff clearly are not focused on helping traders.

IC-Crypto Review Conclusions

Collaboration with this broker may result in you completely losing your deposit as you will not be able to withdraw it from the platform. The company does not provide any legal documents. Everything uploaded to the platform has no legal force.

➕ Original design

➖ No license

➖ The company has only been operating for a few months

➖ Low rating on independent forums and many negative reviews from clients

FAQ

Brief Conditions