Crypto Liberty Review: Don’t Risk Trading with This Broker
Crypto Liberty is definitely one of those brokers that try too hard to convince its users it is a legit one. With many visual gimmicks, fake information, and not any serious trading services it is obvious they never really aimed for anything more than scamming you out of your money.
This Lithuania-based scam broker is allegedly offering forex and crypto trading in order to help you achieve your desired financial stability. However, they failed to provide something as basic as their trading leverage.
So, in case you are about to start your trading journey, we suggest you first read our in-depth Crypto Liberty broker review to avoid being scammed by these fraudsters.
|Address||Perkūnkiemio g. 19, LT-12120 Vilnius, Lithuania|
|Warning||Bank of Lithuania|
Is Crypto Liberty Reliable? Safety and Regulation
While browsing through the Crypto Liberty brokers’ website we found no mention of the license they allegedly possess. However, given the fact that they operate from Lithuania, they must be regulated by the Bank of Lithuania. This entity acts in pretty much the same way as most regulators that monitor the local FX market industry.
But, as we expected, there is not a single piece of evidence pointing to a license held by Crypto Liberty. The bank definitely does not license this firm.
It is far more likely that this investment scam is not run from the EU, but rather operating offshore. So, we suggest you avoid such entities at all costs.
Overview of the Broker’s Trading Platform
This will probably not shock you but the Crypto Liberty scam didn’t even put enough effort to at least try and make any trading software for its clients.
Meanwhile, in the user area, the crypto mining section is empty and there is no way to mine cryptocurrencies. And lastly, the client portal also forgets to include investment packages this broker claimed to have. So, none of the advertised profit-generating platforms were available.
This might be due to the fact that we haven’t verified our account and scammers sometimes want to make sure that the user is worth it. Either way, even if there was some sort of software it wouldn’t be possible to make any profits because the broker is unlicensed and exists only to steal your money.
Available Crypto Liberty Funding Methods
The only accepted deposit methods Crypto Liberty scam broker accepts are via crypto assets such as:
This is not surprising at all, as fraudsters often use shady payment providers and cryptocurrencies to lower your chances of filing a complaint and getting a refund down the road. Additionally, this broker demands $500 as an initial deposit which is just outrageous.
The Broker also offers the same crypto withdrawing methods. And with these limited methods it is only natural we encountered many complaints about the broker made online, stating similar withdrawal issues.
How Does the Scam Intervene?
Ads that can be found online are full of fake stories promising easy earnings. Once you decide to leave your personal information in order to find out more about this, the agents will call you daily to try and convince you that what they are offering is a legit thing.
Initially, they will ask for a “smaller” amount just enough to cover the minimum deposit requirement but if you agree, they will begin to persuade you to invest even more. Many think they are immune to these fake stories the agents are going to tell them or they will just sense if something is off, but in reality, it’s much harder to stay firm.
These fraudsters pose as brokers to take advantage of the general public’s lack of knowledge of trading. And the agents calling are professionals who have many ways to get you on board with making an investment.
So, in case you have ever been scammed by this broker, remember that getting your money back is possible but it just takes time. We would be thankful if you can share your experience with us since we can help you report your scammers to the authorities.
Crypto Liberty Summary
While we were conducting this Crypto Liberty review, we found that not only are they unregulated but they are also operating offshore. With them, you will allegedly have an opportunity to invest in forex, and crypto, but in reality, just lose your money along the way.
It’s well known that fraudulent brokers choose offshore locations since there are no laws they have to follow when it comes to regulations.
In conclusion, we advise you to stay away from them since you would be putting yourself and your funds at risk. Remember to always be careful with where you invest your money and don’t forget to read reviews made online.
FAQs About Crypto Liberty Broker
Crypto Liberty is it regulated?
No, Crypto Liberty is an unregulated scam broker just trying to steal your money.
Is Crypto Liberty a Safe Place for My Money?
No, Crypto Liberty is certainly not a safe place for you to invest your money.
Is a Demo Account Available on Crypto Liberty?
There is no demo account that this broker offers in order for you to try out their services.