The UK-based internet broker CryptoKG is a crook with a tainted reputation

CryptoKG broker review, - scammers

When we get to the official website of CryptoKG -, we will read that the organization under study provides intermediary services for trading operations on the Forex market in Britain. In addition, CryptoKG provides software for financial transactions.
Our employees studied the CryptoKG website, got acquainted with the terms of action, tried to get at least demo access to the software, investigated the availability of securities, the region where the company was registered.
With the help of the information received, we will find out: Is CryptoKG a divorce or not?
In addition, we will explain to you how not to fall into the hook of deceivers, about their operation algorithms. We will tell you all the information you need to keep your money safe.

CryptoKG is based offshore

A serious sign that says that are criminals is the state of registration. According to the documents, the company is registered in the Marshall Islands, which is already in doubt, since CryptoKG operates in Britain. Offshore countries are popular with scammers due to the absence of the need to comply with the law and regulation.
In addition, this region does not have rights to work on Forex.
In addition, when our specialists tried to detect the physical or legal address, mentions of the owners and management of, they could not find anything.
This shows that CryptoKG is a criminal broker, cooperation with which can result in large financial losses.

No information about owners of CryptoKG found

Having studied the website, our employees have not been able to identify reliable information about the organizers of the company No addresses, no phone numbers or other ways to get in touch.
As a rule, this means that the actual leaders are trying to hide information about themselves in order to hide from responsibility for crimes. And even if one of the CryptoKG employees manages to be exposed, then everything will end with this, and the owners of the fraudulent company will remain at large with money.

CryptoKG, website - CryptoKG, works less than thirty days

The website talks about the extensive experience of operations in the Forex financial market.
The most common method of checking a website is to obtain information about its domain. Basically, they contain the validity period of the domain name, data for the connection of its owner.
In this case, the CryptoKG domain name works for less than 30 days, and the information about the individual who owns it is hidden. Another proof that the CryptoKG management is trying to preserve its incognito.
This desire can be accepted, but not when it comes to a financial company acting as an intermediary between the user and the Forex market.
At the same time, CryptoKG assure their potential users that they have been effectively operating in the Forex market for many years.

CryptoKG - Domain does not have a demo period

It is a common practice for brokers to provide traders with a test version of the software so that they get acquainted with the interface, test their skills in playing the Forex financial market with a fake currency.
Unfortunately, on the website, we did not find information about the trial period, the ability to test the software.
We assume that the owners of the CryptoKG company are most likely not going to provide customers with trial access to their software, as someone is able to start to suspect something is wrong.

Online broker operates with a negative balance

Official organizations that operate in the Forex financial market do not use a negative account in their work. According to the law, the user of an online broker is not able to spend more than what is currently on the balance sheet. In those rare cases when the balance still goes into a negative value, the loan will be required to be repaid not by the client, but by the company that provided its services.
In accordance with this, legal brokers do not use a negative balance in their activities.
And yet, CryptoKG provides users with trading with a negative balance, that is, on credit.
What is it for?
To drive the user into a loan and start extorting debt. This is one of the most common methods of deception used by criminals.
In the event that this happened, you need to know that fraudsters do not have the opportunity to recover investments under the law of Great Britain. All methods of influencing traders are criminal. The most that scammers are able to do is to disturb with calls, write letters with demands.
You cannot cooperate with, as any attempts to negotiate will result in new costs.

CryptoKG operate with a credit ratio of one to four hundred or more

Already, it becomes obvious that CryptoKG are criminals. However, let's pay attention to one fact, namely the presence of an excessively high credit ratio.
Leverage is the ratio of funds of clients and online brokers when making a transaction. Leverage allows you to close large transactions to users who do not have large amounts of money.
In order to protect clients in the Forex market, in civilized regions the laws provide for the use of a credit ratio with a maximum ratio of one to 30, sometimes 50.
At the same time, CryptoKG uses a leverage of 1 to four hundred for trading on the Forex market.
This ratio is allowed in Switzerland, as companies registered in this country are highly trusted. However, CryptoKG is not registered in this state.
In fact, CryptoKG are not allowed to operate in the Forex financial market with such a credit ratio, due to the high risk for clients. So, this is used solely to force the user to give away as much personal funds as possible, but also to drive him into loans.

Local divisions of CryptoKG

It is considered important for any financial firm to have regional divisions in developed regions, even if the work takes place only in England. So CryptoKG informs that in addition to many awards, they have regional divisions in the UK, Australia and other developed countries, and in addition about thousands of qualified employees.
Checking the reality of these offices is quite simple. Since there are industry organizations that regulate the actions of Internet brokers. In England it's FCA, in Australia it's ASIC.
Accordingly, a legal firm must have permits from these or other organizations that will confirm their authorized right to provide trading services on the Forex financial market and determine the level of responsibility.
And yet, after checking the industry websites, our staff could not find them. This once again confirms the suspicions.

For registration on, you need to transfer confidential data

As we mentioned earlier, CryptoKG does not have a trial period and therefore, in order to gain access, you must immediately pay the minimum payment to CryptoKG scammers. Also, getting access to the personal account is real only if the user has successfully passed the verification.
This means that CryptoKG requires its users to transfer data such as:

In addition, during the initial transfer, the bandits are able to access personal account information.
Together, this information can enable bandits to issue a loan to a gullible user, or to carry out other criminal acts.
Since for registration on the website, it is necessary to send personal data, we have not received access to the CryptoKG personal account and services for Forex transactions.

Real reviews about CryptoKG

An extremely important step in exposing CryptoKG is the analysis of customer reviews.
The study of issuance in search engines allowed us to obtain the following information:

In accordance with this, CryptoKG reviews report that the broker in question is a scam.

Contact details and documents CryptoKG

By researching the information on, our staff has identified many dubious digital white papers that can be easily made using a graphic editor. They are not confirmed by official firms, which means they cannot be trusted.
If the broker is not associated with regulatory organizations, then traders simply have nowhere to turn for help.
On the "Contacts" page, we found a phone number. It turned out that it had already been used by an illegal online broker. There are also many reviews on the web about fraudulent activities associated with the phone number listed on

Withdrawing money from

Are you going to make money with the help of the Forex financial market online broker? Make sure you can take money from him.
Having studied the user agreement on the official website of CryptoKG, we did not see specific information about the methods of withdrawing money. In addition, our experts found a mention of penalties for long-term inactivity of the account, while there was no data on the amounts. Since the bandits do not operate in the official field, it is impossible to challenge these exactions.
Therefore, even if the user has finished working with CryptoKG, they can call and spam demanding to pay a fine.

How does CryptoKG work?

The method of searching for new users that CryptoKG uses also causes concern.
For promotion, fake profiles on social networks are used, in which fake bloggers talk about how they instantly managed to get rich by trading on the Forex financial market with the help of CryptoKG. Advertising profiles expose expensive cars and houses, trips to resorts, and other indicators of a prosperous life.
They promise instant income, for which you do not need to learn or make efforts.
If a user gets in touch with criminals, CryptoKG managers talk about the possibility of rapid income, as well as some unique abilities of their software, which will make it possible to immediately earn big money.
Further, various manipulations go into work, making it possible to receive as much finance from the client as possible. For example, a client can create fake profits in order to provoke them to invest even more money.
When working on Forex becomes unprofitable, a representative of the organization will recommend transferring more in order to close the debt.
CryptoKG employees work according to algorithms developed by experienced manipulators. Scammers analyze customer data in order to influence specific places, to get even more money.
As a result, all this will come to one of two results:

An additional method to earn income for CryptoKG can be the transfer of your personal data to third-party companies. We assume that after that, it will be possible to buy detailed information about you for a small amount of money on some anonymous telegram channel on the dark web.
Most likely, after that, all sorts of bandits, managers, etc. will begin to call you. You can also wait for calls from accomplices, who will begin to offer a “return” of lost finances, of course, for a bounty.
Since CryptoKG does not operate in a regulated field and preserves incognito, they cannot be forced to respond under current legislation in Britain. The organizers of the shadow firm are skillfully hiding and in the best case, law enforcement agencies will be able to capture one of the "workers". - scammers

Can CryptoKG be trusted?

It is forbidden!
Only if you are going to transfer money to scammers, then spend it on a good deed.
Let's briefly voice the evidence indicating that CryptoKG are scammers:

Detailed review of CryptoKG - completed. Clearly CryptoKG are criminals.


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