Binary options are prohibited in the European Economic Area. Between 74-89 % of retail investor accounts lose money when trading CFDs.
You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
FFB Logo
Your capital is at risk

BrokerCryptoF1 Broker Review

BrokerCryptoF1 Broker Review
James Fields
Established in 2017, Broker CryptoF1 is an unregulated Spanish binary options broker offering CFD trading in Bitcoin and 10 other cryptocurrency options including Litecoin, Ethereum, Ripple, Verge, Stellar and Bitcoin Cash. Traders must deposit in Bitcoin to open a live trading account, with Bitcoins available to buy from an exchange that appears to be working... Read more
Established in 2017, Broker CryptoF1 is an unregulated Spanish binary options broker offering CFD trading in Bitcoin and 10 other cryptocurrency options including Litecoin, Ethereum, Ripple, Verge, Stellar and Bitcoin Cash. Traders must deposit in Bitcoin to open a live trading account, with Bitcoins available to buy from an exchange that appears to be working with Broker CryptoF1. The Bitcoin options trading portal is available in English, German, French and Spanish. On the Spanish language website Broker CryptoF1 is operated by Trade Markets Global Corp, allegedly registered in the UK and the European Union. On the English language website Broker CryptoF1 is operated by Casa de General Options Ltd, company number 83358 registered in the Marshall Islands at the Trust Company Complex, Ajeltake Road, Ajeltake Island, Maduro, MH96960. The German and French website translations do not give the name or address of the company operating Broker CryptoF1.

  1. Established in 2017, Broker CryptoF1 is an unregulated Spanish binary options broker offering CFD trading in Bitcoin and 10 other cryptocurrency options including Litecoin, Ethereum, Ripple, Verge, Stellar and Bitcoin Cash. Traders must deposit in Bitcoin to open a live trading account, with Bitcoins available to buy from an exchange that appears to be working with Broker CryptoF1. The Bitcoin options trading portal is available in English, German, French and Spanish.

    On the Spanish language website Broker CryptoF1 is operated by Trade Markets Global Corp, allegedly registered in the UK and the European Union. On the English language website Broker CryptoF1 is operated by Casa de General Options Ltd, company number 83358 registered in the Marshall Islands at the Trust Company Complex, Ajeltake Road, Ajeltake Island, Maduro, MH96960. The German and French website translations do not give the name or address of the company operating Broker CryptoF1.

  2. Conclusion:

    We make it our mission to not recommend anything but the best – which, according to industry experts, is FXMasterBot, a trading software that lets YOU choose the broker and also provides fast, reliable and FREE trading signals!

    Your capital is at risk

  3. BrokerCryptoF1 Special features

    The company website is not transparent which proved very worrying to us. Importantly, it does not provide any information about the trading account features or the minimum deposit required to open a trading account. From the terms and conditions on the website, we understood that deposits must be made in Bitcoin. However, we were concerned to read that ‘customers must agree never to exchange Bitcoins purchased from Broker CryptoF1 for any currency other than Thai Baht’. Another point raising alarm bells is ‘When buying bitcoin using an email address instead of a bitcoin address, the customer is agreeing to create an account with BX.in.th for the storage of the purchased bitcoins. We do not have any assurance that the Bitcoin are stored securely by this storage company, and could result in clients losing their Bitcoins.

  4. Try a simpler way of trading with FXMasterBot

  5. Testimonials FairForexBrokers Your capital is at risk

    Become an FXMasterBot trader today

    Join FXMasterBot and become a trading master! FXMasterBot is a forex and cryptocurrencies trading software that takes your trading to the next level. It allows you to trade signals on forex pairs like EURUSD or the hottest cryptocurrencies like Bitcoin. You also get the best customer support available. Get your FREE account now

  6. BrokerCryptoF1 Trading software

    There is no description of the trading platform features on the website. Importantly, there is no mention of leverage for margin trading or Stop-Loss orders on the platform. The home page of Broker cryptoF1 mentions payouts up to 81% on a user-friendly platform. The ‘trading products’ are listed as BTC/USD, LTC/USD and ETH/USD and traders can read about the three different cryptocurrencies. Notably, on the ETH/USD description page, Broker CryptoF1 suggests that customers transfer crypto coins to the their personal BTC wallet in Bitcoin Binary Options trading portal and ‘buy Ethers right away’. The company claims to keep the BTC and ETH safe in their cryptocurrency cold storage. However, there is no mention of storage fees, deposit or withdrawal costs.

  7. If you want to trade with an Automated Trading Robot, we recommended using FX Master Bot

  8. BrokerCryptoF1 Support information

    The most informative part of the Broker CryptoF1 website is the support page. Live support is offered directly through live chat on the interface 24/7 where agents ask for customers phone numbers and call them immediately. A physical address in Madrid is indicated under the contact form available on the contact page. Moreover, customers can also phone contact numbers in London, Madrid and Barcelona or send email enquiries related to trading with Broker CryptoF1.

     

  9. Try a simpler way of trading with FXMasterBot

  10. BrokerCryptoF1 Payment Methods

    We could not find clear information published on the website about funding an account at Broker CryptoF1. We understood that the broker does not disclose important information, so that potential customers contact customer support. In our experience payment information offered over the telephone and not backed up in the company’s terms and conditions on the website, is totally worthless and may lead to traders losing a large sum of money. Whether customers bring their own Bitcoins to trade on the binary options platform or buy Bitcoins through Broker CryptoF1, a lot of money is at stake and could result in very large losses of Bitcoin assets. We suggest that our readers choose a reputable cryptocurrency broker from our reviewed list of licensed brokers.

  11. Conclusion:

    We make it our mission to not recommend anything but the best – which, according to industry experts, is FXMasterBot, a trading software that lets YOU choose the broker and also provides fast, reliable and FREE trading signals!

    • Choice of reputable brokers
    • Free forex & crypto signals
    • Advanced trade settings

    Try a simpler
    way of trading
    with FXMasterBot

    12. Your capital is at risk
Footer Crypto Icon

Top Crypto Brokers

Rated with 5 stars
  • Min. Deposit
  • Max. Leverage
  • $10
  • 1:300
Visit our Top Crypto Broker
Footer Casino Icon

Trusted Forex Broker

Rated with 5 stars
  • Min. Deposit
  • Max. Leverage
  • $100
  • 1:400
Visit the trusted Forex Broker
Your capital is at risk

Top Trading Platforms

  • Broker
  • Min. Deposit
  • Min. Investment
  • Reviews
  • nadex logo small
  • $250
  • $1
  • NADEX
Your capital is at risk
Your capital is at risk

Copyright © 2012-2018 All Rights Reserved Fair Forex Brokers - us

Privacy Policy     Cookie Policy

Disclaimer: This website is independent of of all forex, crypto and binary brokers featured on it. Before trading with any of the brokers, potential clients should ensure they understand the risks and verify that the broker is licensed.
The website does not provide investment services or personal recommendations to clients to trade any financial instrument. Information on FairForexBrokers.com should not be seen as a recommendation to trade CFDs or cryptocurrencies or to be considered as investment advice. FairForexBrokers.com is not licensed nor authorised to provide advice on investing and related matters. The potential client should not engage in any investment directly or indirectly in financial instruments unless (s)he knows and fully understands the risks involved for each of the financial instruments promoted in the website.

In case the potential client does not understand the risks involved, he/she should seek advice or consultation from an independent advisor. If the potential client still does not understand the risks involved in trading in any financial instruments, he/she should not trade at all. Potential clients without sufficient knowledge should seek individual advice from an authorized source. In accordance with FTC guidelines, FairForexBrokers.com has financial relationships with some of the products and services mention on this website, and FairForexBrokers.com may be compensated if consumers choose to click these links in our content and ultimately sign up for them. CFDs and cryptocurrency trading entails significant risks and there is a chance that potential clients lose all of their invested money.

Important notice for US traders: Not all brokers and offers are regulated in the United States of America. We don’t recommend, facilitate or encourage trading with products that are not regulated. FairForexBrokers.com does not recommend any forex, crypto and binary brokers or exchanges to US traders besides NADEX, which is licensed by CFTC. Every trader is obligated to check the legal status in their respective jurisdiction on their own.

FBO iGB - Best Binary Affiliate

FBO Awards