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CryptoIFX

Operating status: SCAM

Website: https://www.cryptoifx.com/

Broker violations and abnormal records
  • Mar 13, 2022 The CONSOB Added CryptoIFX into Its Warnings

    On 14 Mar 2022, the CONSOB issued a warning that CryptoIFX has not been authorized to provide investment services, you may visit: https://www.consob.it/web/consob-and-its-activities/warnings?viewId=ultime_com_tutela

    On 14 Mar 2022, the CONSOB issued a warning that CryptoIFX has not been authorized to provide investment services, you may visit: https://www.consob.it/web/consob-and-its-activities/warnings?viewId=ultime_com_tutela
  • Mar 24, 2022 BrokersView has reviewed that CryptolFX is an unregulated forex broker

    CryptolFX claims it is a trustable broker while not mentioning any details of its regulations, which is a distinctive characteristic of an unlicensed broker, as licensed brokers always display their credentials and licenses in a prominent place. 

    This broker mentions it is located at Stoney Ground Road, St. Vincent & the Grenadines. We did searching in the St. Vincent & the Grenadines Financial Services Authority (SVG FSA) and did find a match result. But as a forex trader, you should know that SVG FSA does neither issue license of forex services nor regulate any forex activities. That means having registration in SVG FSA does not mean having legit regulation. This broker is merely a registered firm in SVG FSA that operates under no regulation.

    What's more, the Italy regulator Commissione Nazionale per le Società e la Borsa (CONSOB) issued a warning that this firm has not been authorized to provide forex investments and services. So CryptoIFX is not regulated by any regulators. That means investors' money in this broker is unsafe and cannot be protected by any law. Therefore, it is a scam.  

    CryptolFX claims it is a trustable broker while not mentioning any details of its regulations, which is a distinctive characteristic of an unlicensed broker, as licensed brokers always display their credentials and licenses in a prominent place. This broker mentions it is located at Stoney Ground Road, St. Vincent & the Grenadines. We did searching in the St. Vincent & the Grenadines Financial Services Authority (SVG FSA) and did find a match result. But as a forex trader, you should know that SVG FSA does neither issue license of forex services nor regulate any forex activities. That means having registration in SVG FSA does not mean having legit regulation. This broker is merely a registered firm in SVG FSA that operates under no regulation.What's more, the Italy regulator Commissione Nazionale per le Società e la Borsa (CONSOB) issued a warning that this firm has not been authorized to provide forex investments and services. So CryptoIFX is not regulated by any regulators. That means investors' money in this broker is unsafe and cannot be protected by any law. Therefore, it is a scam.
  • Oct 09, 2025 BrokersView has identified that CryptoIFX's website is currently offline

    BrokersView found that the domain "https://www.cryptoifx.com/" 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://www.cryptoifx.com/" 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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