✔️ Information reviewed and updated in October 2024 by Eduardo López

IS Crypto Algorithm RELIABLE? OPINIONS

In this post I will be looking at Crypto Algoritm. Is Crypto Algoritm (with website cryptoalgoritm.com) cryptocurrency broker really reliable? Is it safe to invest your money in this company? I will analyze this company in depth.

I will explain to you why I consider Crypto Algoritm to be a VERY INSECURE company AND I CONSIDER IT UNTRUSTWORTHY. BE CAREFUL WITH THESE COMPANIES!


ℹ️ BROKER DATA:

There are two aspects that I would like to highlight: (1) first, it is essential to know the regulations and (2) second, the location of the company. These are two crucial pieces of information to evaluate the seriousness and trustworthiness of a company.

Is the company unregulated or regulated by a less than reliable country? Is the company located in an unreliable place or does it not even mention its location? These are questions that every investor should ask themselves about the reliability of the company.

InformationAbout the company
📧 Email[email protected]
(I.e. CompanyNot mentioned
🛡️ RegulatorNot mentioned
🕑 Website ageYour registration date was: February 28, 2024 (very recent)
???? Live ChatYes
Company typecryptocurrency broker
???? AddressAddress not mentioned
📄 Attend the eventNot mentioned
(I.e. PaymentNot mentioned
️ ️ Telephone numberNot available

📞 LIST OF PHONE NUMBERS:

The company does not mention any contact telephone number. The lack of means of contact makes me a little nervous. It is not normal.


💰 SAVINGS AND ACCOUNTS:

Below is a brief breakdown of the different account options offered by Crypto Algoritm; they are categorized into 5 categories. Here is a table with additional information on the minimum deposits required for each account type.

ACCOUNT CLASSIFICATIONINITIAL DEPOSIT REQUIRED
Bonds€10000
Commodities€1000
Stocks€5000
FOREX€250
Cryptocurrency€25000

🌐 WEBSITE – DIGITAL PORTAL:

Below you can see the company's digital portal and a brief analysis of it:

Crypto Algorithm Digital Portal
  • Age of the portal: the domain “cryptoalgoritm.com” was registered on February 28, 2024. This indicates that it is a relatively new portal. 🚩
  • The lack of references to its regulation suggests that the company does not follow recognized regulatory standards. 🚩
  • As previously mentioned, the company does not indicate that it is regulated, which leads me to believe that it is an unregulated entity. 🚩

⭐ Crypto Algorithm Analysis:

After conducting a review of the company, I have come to the following observations:

1) The company claims to be based in Belgium, but I get the impression that it is trying to hide its true location. I suggest you be very cautious.

2) There is no information about its regulation, which leads me to conclude that it is an UNREGULATED company.

3) The company seems to be fairly new on the market. I have verified that the domain “cryptoalgoritm.com” was registered on February 28, 2024. This is very recent.

4) Their online reputation is quite negative; I have found multiple customer complaints about their services.

“Honestly, I would not invest in this type of company: it is not regulated and there is no mention of which entity it belongs to. I cannot recommend a company with these characteristics.”


💬 WHAT TO THINK ABOUT A COMPANY LIKE Crypto Algoritm?:

Crypto Algoritm is a broker that, having been registered on February 28, 2024, is very new to the market. This lack of a track record is a red flag, as new companies often lack the necessary backing and may be more prone to unethical practices.

Furthermore, the website does not provide any information about its regulation, suggesting that it does not follow any recognised regulatory protocol. The absence of any mention of its oversight also fuels the suspicion that it is an unregulated company. The statement that the company is based in Belgium appears to be an attempt to create an image of legitimacy, but it is important to proceed with extreme caution regarding such claims.

Crypto Algoritm's reputation is worrying, as there are multiple customer complaints online. For all of the above, I would not recommend investing in this company. The lack of regulation and transparency, along with its recent entry into the market, make it not a reliable option. It is essential to do thorough research before committing your money to such brokers.


📣 LATEST UPDATES:

At the moment there are no updates.


✔️ CLAIM MONEY FROM Crypto Algorithm:

If you have been scammed, then I explain, in my opinion, one of the most effective methods to recover capital. If you do it on time and with a serious company, it is highly effective.

We work with a capital recovery service. here you can recover your capital.

In a few words, we use the chargeback method or capital withdrawal, with this method what we do is ask the bank or Visa, or Mastercard (depending on how we send the money), to return our capital, since we have been scammed. In order to recover it, we have to prove that we have indeed been scammed.

Claim your money now!

If you have been scammed, it is the option that I recommend, we work with a totally serious and safe capital recovery company.


🚨 REPORT Crypto Algorithm:

If you have been scammed by this company and you want to report it, I think the best option is to contact the financial regulator of the country where you live. Report what happened to the regulator. Here are some examples of financial regulators by country:

🇦🇷 Argentina: the financial regulator is CNV, here you can get in touch

🇧🇷 Brazil: the financial regulator is CVM, here you can get in touch

🇨🇱 Chile: the financial regulator is CFM, here you can get in touch

🇨🇴 Colombia: the financial regulator is the Financial Superintendence, here you can get in touch

🇪🇨 Ecuador: the financial regulator is SUPERINTENDENCE OF BANKS, here you can get in touch

🇪🇸 Spain: the financial regulator is CNMV, here you can get in touch

🇺🇸 United States: the financial regulator is FINRA, here you can get in touch

🇮🇹 Italy: the financial regulator is CONSOB, here you can get in touch

🇲🇽 Mexico: the financial regulator is CNBV, here you can get in touch

🇵🇪 Peru: the financial regulator is SBS, here you can get in touch

If your country is not on the list, leave a comment and I will gladly help you!


❓ FAQS – FREQUENTLY ASKED QUESTIONS:

What is Crypto Algorithm?

Crypto Algoritm is a cryptocurrency investment broker

Is Crypto Algorithm a scam – is it a scam?

In my opinion it is, I think it's a scam. Taking into account different characteristics of this company, I must qualify it as a very bad and very unsafe one.

Is Crypto Algorithm reliable?

Crypto Algorithm is a company that I consider UNTRUSTED. It has characteristics that make it a very unsafe company: be very careful.

How to recover money from Crypto Algorithm?

If you have lost your money or been scammed, I recommend you try the capital recovery service.

Which broker is reliable to invest?

If you want to know a safe and reliable company, I invite you to see the ranking of best brokers and you can also check the 3 best brokers of the month. .


Eduardo Lopez

Editor and Copywriter

I am Eduardo López Martínez, I was born in Madrid, Spain and I am 48 years old. I am a journalist and I am part of the Brokersdeforexconfiables.com team. Do you want to know a little more about me? I invite you to read my biography.

See publications of Eduardo López

Review rating: 5/5 - (269 votes)

2 comments on «IS Crypto Algorithm RELIABLE? OPINIONS»

  1. Daniel Reply

    This company is a fraud. They scammed my father, don't do it, listen to me.

    • reliableforexbroker.com Reply

      Hello Daniel, Crypto Algoritm is a SCAM, we have received many complaints from investors, for not returning the money, you should never invest in a broker that does not have REGULATION.

      They create many positive comments about themselves that are not real, they want to confuse investors and pretend to be a legal company but it is all FALSE if you comment on our articles they say that we are the competition and it is also a lie!, (we do reviews of brokers).

      When you want to withdraw your capital or your benefits, if they make excuses and force you to pay commissions or another type of ransom, you will know that they are scamming you, do not fall into that trap, those commissions are not real, they try to take more money from you.

      If you want to recover the money you can do it from the CHAT on our website or by filling out the form at this link: Get your money back, we are with you

      Greetings.

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