Cryptics Review : Fees, Pros and Cons, Reviews by Real Traders

Cryptics

Operating status: SCAM

Website: https://cryptics.cc/

Broker violations and abnormal records

Jul 31, 2022 The Spain CNMV Added Cryptics into Its Warnings
On 1 Aug 2022, the Spain Comisión Nacional del Mercado de Valores (CNMV) issued a warning that Cryptics is not authorised to provide the investment services in Spain. You may visit: http://www.cnmv.es/Portal/ResultadoBusqueda.aspx?tipo=1&sortExpression=Fecha&sortDirection=1&page=0

On 1 Aug 2022, the Spain Comisión Nacional del Mercado de Valores (CNMV) issued a warning that Cryptics is not authorised to provide the investment services in Spain. You may visit: http://www.cnmv.es/Portal/ResultadoBusqueda.aspx?tipo=1&sortExpression=Fecha&sortDirection=1&page=0
Aug 02, 2022 BrokersView has Reviewed that Cryptics is an Unregulated Forex Broker
Cryptics claims to be an award-winning broker without presenting any information about its regulation. The lack of such important information may be a distinct signal of an unlicensed broker, as regulated brokers always present their accreditations and licenses in a prominent position. It is a red flag.
The only contact Cryptics provides is a telephone number that belongs to the United Kingdom. As per United Kingdom law, all firms and individuals offering, promoting, or selling financial services or products in the UK shall be authorized by the United Kingdom Financial Conduct Authority (UK FCA). However, we did not find any results that matched Cryptics in UK FCA. That means Cryptics is not authorized to provide financial services in the UK.
What's more, the Spain Comisión Nacional del Mercado de Valores (CNMV) issued a warning that Cryptics is not authorised to provide the investment services in Spain.
The truth is that Cryptics is not regulated by any regulators. Letting this broker hold or control investors' money is unsafe and the money can not be protected by any laws. Therefore, it is a scam.

Cryptics claims to be an award-winning broker without presenting any information about its regulation. The lack of such important information may be a distinct signal of an unlicensed broker, as regulated brokers always present their accreditations and licenses in a prominent position. It is a red flag.The only contact Cryptics provides is a telephone number that belongs to the United Kingdom. As per United Kingdom law, all firms and individuals offering, promoting, or selling financial services or products in the UK shall be authorized by the United Kingdom Financial Conduct Authority (UK FCA). However, we did not find any results that matched Cryptics in UK FCA. That means Cryptics is not authorized to provide financial services in the UK. What's more, the Spain Comisión Nacional del Mercado de Valores (CNMV) issued a warning that Cryptics is not authorised to provide the investment services in Spain.The truth is that Cryptics is not regulated by any regulators. Letting this broker hold or control investors' money is unsafe and the money can not be protected by any laws. Therefore, it is a scam.
Nov 07, 2022 The Ontario OSC Added Cryptics into Its Warnings
On 8 Nov 2022, the Ontario Securities Commission (OSC) issued a warning that Cryptics was not registered in Ontario to engage in the business of trading in securities. You may visit: https://www.osc.ca/en/investors/warnings/cryptics

On 8 Nov 2022, the Ontario Securities Commission (OSC) issued a warning that Cryptics was not registered in Ontario to engage in the business of trading in securities. You may visit: https://www.osc.ca/en/investors/warnings/cryptics
Nov 10, 2025 BrokersView has identified that Cryptics's website is currently offline
BrokersView found that the domain "https://cryptics.cc/" is currently inaccessible. This is widely regarded as a significant red flag, as the suspension of a broker's website often points to underlying regulatory or operational issues.

BrokersView found that the domain "https://cryptics.cc/" is currently inaccessible. This is widely regarded as a significant red flag, as the suspension of a broker's website often points to underlying regulatory or operational issues.

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