Read our Crypto Max review carefully to see why we do NOT recommend this broker for trading. Just to clear doubts, this is a crypto-max.com review.
Who are they?
After taking a look at their website, it shows that they do not fall under any regulating agency. That is a MAJOR RED FLAG!! That should be enough for you NOT to invest with them. And they also work with websites that offer “Automated trading software” which is another red flag, as this kind of websites are notoriously famous for scamming schemes.
So Crypto Max is just another unregulated forex broker, which means the customers are not protected, and there is highly likely they will get away with your hard earned money and there will be no regulating agency to hold them responsible.
How does it work?
Usually unregulated forex brokers work in the following way. They will call people to persuade them to make the initial minimum deposit, while trying any conceivable method in order to make that happen. They will offer deals that sound too good to be true, like we will double your initial deposit or you will make $100 per day easily. Please don’t fall for anything they say!!! It is a SCAM! After making the initial deposit, people get transferred to a smarter scammer, called a “retention agent”, who will try to get more money out of you.
Withdrawing funds
You should submit a withdrawal request ASAP, because your funds are never safe with an unregulated broker. And here is when things get tricky.
If you want to withdraw your money and it does not matter if you have profits or not, they will delay the withdrawing process for months. If they delay it for six months, you won’t be able to file a chargeback anymore and your money is gone for good. It does not matter how often you remind them or insist in withdrawing your money, you will NOT get them back. And if you signed the Managed Account Agreement or MAA, which is basically authorizing them to do anything they want on your account, they will lose all your funds so there won’t be anything to request anymore.
How to get your money back?
If you already deposited your money with them and they refuse to give your money back, which is very likely to happen, don’t worry, it might be a way or two to get your money back.
First of all you need to keep the emails as a proof that you have been requesting the money back from them but they don’t give it to you, or they delay the process for too long, with the intention of not refunding your money.
The first thing you should do is perform a chargeback! And you should do this right away! Contact your bank or credit card provider and explain how you were deceived into depositing for a trading company that is not regulated and they refuse to give your money back. This is the simplest way of getting your money back and is also the way that hurts them the most. Because if there are many chargebacks performed, it will destroy their relation with the payment service providers. If you haven’t done this before or you are not sure where to start or how to present your case to your bank or credit card company, we can assist you in preparing your chargeback case. Just contact us at [email protected] but do not let your broker know they you read this article or that you are in contact with us.
What about wires?
If you sent them a wire, there is no way to perform a chargeback on a wire. For this step you need to raise the fight to a different level. Tell them that you will go to the authorities and file a complaint against them. That will get them to rethink the refund possibility. Another thing you can do is prepare a letter or email for the regulating agencies. Depending on the country where you live, you can search on google to find the regulating agency for Forex brokers in that country. After that you can prepare a letter or an email describing how you got deceived from them. Make sure you show this letter or email to them, and tell them you will send it to the regulating agency if they don’t refund your money. If you do not know where to start, reach for us at [email protected] and we will help you with this step as well.
Make sure you leave reviews about Crypto Max in other sites
Another way to hurt them and save other people from falling victims is to leave bad reviews on other sites, and describe shortly what happened. If you fallen victim please leave a review and a comment on this site at the comment section.
Crypto Max Review Conclusions
Making the Crypto Max review is actually a pleasure for us, and we hope to save as many people as possible from losing their hard earned money. A good rule of thumb is to carefully review all the Forex companies and any other company for that matter, before you perform any transaction. We hope that our Crypto Max review has been helpful to you. If you have any questions or you need an advice about the withdrawing process, feel free to contact us at [email protected] or by using this contact form.
If you like to trade please do it with a trustworthy, regulated broker, by choosing one of the brokers listed below.
They find you via Telegram and offer 10x returns in 24 hours and claim to be fxpro.com based in United Kingdom. They want you to send them some BTC starting from a few hundred dollars to get started min $200, “Laura Stone” is facilitates the whole thing and guarantees your profits. Once you have made a transfer they tell you that if your “investment” makes too much profit you may have to pay a 20%!fee BEFORE you can withdraw profits (big alarm bells!). Afterwards, you get asked to set up an account on https://cryptomaxinvest.com and https://rextrade.ltd/ even though they say they are fxpro.com previously. You then get told that your trade is active yet nothing happens until 2 days later when the account magically shows a ton of profit. Hoever, because it is higher than expected, you can’t withdraw it until you pay the 20%, Web site says Cryptomax Investment LTD a Scotland company with company number SL017310. However the government register (https://find-and-update.company-information.service.gov.uk/company/SL017310 ) says that number belongs to RIO INVESTMENTS LP of the same address which was dissolved in 2017!! The domain for cryptomaxinvest.com was registered in the Netherlands only 2 months ago: https://www.whois.com/whois/cryptomaxinvest.com They use different BTC addresses but have been reported before with the same MO: https://www.bitcoinabuse.com/reports/1Gzs8P7WQa8G89wG6Scdmju7jbMpZuoHSb I told them my son got cancer, which is true I need my profit to paid for my son medical bill, they told me, I still have to paid 50% from 20% of the profit I make. They dont care if your kids sick, their goal only to scam you. So they scam me for $500 equivalent BTC 0.144299 on top of it asked me to more $500 if not I cant draw my profit and lost my initial investment also. Please report this person and the company, their in telegram group call the Alpha Investments.
Dear Sirs, on 14th of June, Mr. Ivan Paychecks, using Instagram contact, started a conversation on Telegram, promissing great return if i invest 500 – profit/earning 6.500…in the conversation he explain me , how to do it, register on https://www.cryptomax25.com and then make a deposit via Eth, which i did, previously he send me the ETH wallet…and I transfer 0,25 ETH and send proof to him. Then he told me to activate TQR signal in my trading account he requested more ETH, so i transfer more 0.105 ETH…..and upon confirmation using my access on https://www.cryptomax25.com/account he explain how to invest…..after 24h it shows Balance of 6.779 USd in my account. I requested the Withdrawal of 6.770 usd. I received an email to send personnal informations…such as ID card photo + photo (me), proof of residence, date of birth, registration date…,etc…i send it all….. Then using the online support “they” said that in order to receive the earning of the withdrawal i should transfer 2.299 USD to confirm identity…after 30m of conversation… reduce to 500 USD by buying etherium coin…whitch i did and sent photo of confirmation….due to rate EUR/ETH crypto the cryptomax25 plattform receive much more than 500 usd, it received 660 USd…the support did not accept and requested the transfer of 2.000 usd equal to 1.850 eur…i requested a personnal loan…today i transfer etherium coin worth of 1.850 Eur…they accepted…they send proof of the transfer…after 1h…they requested new transfer of 1.419 USD, due to IRS taxes, and the transfer should be done in ETherium coin directly to ETH wallet Address…. This is what happen, i have records of the transfer, the conversations, I took the photos of all conversations… i have all documentations… Now…how can i get my money back ?
I first saw this on HotForeX on Telegram in which they post many payouts to individuals – so that is what interested me initially.
Looks like I am in the same boat. Invested $500CAD. Was told to set up a profile on cryptomaxinvest.com/bitcoin. Three days later the profit came in at $10,186USD in which I was told the profit came in higher than margin. So to access this profit I was told to send an additional 20% of my funds to them to unlock this profit to allow me to make a withdrawal. So that would mean I would be out of pocket an additional $2,546CAD for a total of $3,046CAD before being allowed to access any profit. None of this was explained at the start and the rules regarding what is the margin and how the profits grow beyond margin are never explained until after you want to withdraw the money.
I fell into the same trap. After my first round of investment of $500CAD, they want me to send another $2300CAD to unlock my profit so that I can receive my investment earnings. Time to walk away.
CryptoMax invest.com began four days ago when I contacted the admin named Emily, through Telegram a channel called optimal trade investment.
They told me that I needed to send Bitcoin valued at $ 500 or more, which I agreed to send $ 800 after three days, my Profitt showed a value equivalent to $ 8500, they told me that if I wanted to access myprofit , I had to pay 30% of it to activate the deposit withdrawal option now I am in a mystery because I do not know how to acquire my money immediately I am faced with the reality that this company is a scan I would like to know if you could help me in any way
https://cryptomaxinvest.com/bitcoin/login
I was lured into this crypto-maxtrading.com trap by a broker Rebecca Williams who supposedly was from New Mexico and known by several of my friends. Unfortunately I was lured by the promise of 15% return per week leveraging their expert trading system and strategies. I cashed out a 401K and my primary IRA. That totaled $613K, which has been stolen from me. The website showed a $11,450,000 earnings on the morning of 5 October. On the evening of 5 October my account password and account disappeared and their fake website server went off line. 😳 I was later emailed by her fiance in Toronto that Rebecca Williams had passed away from cancer. It is all a big scam, but it looks real. I have a crypto investigation company that is looking at possible recovery options.
I really thank God for getting in contact with this post, may God bless this poster cause yesterday evening I was persuaded to invest so I decided to browse about them which I’m doing now
Was contacted thru Instagram by Kimberly Alfred, asked me to make a $1000 investment deposit using BTC in Cashapp and that I will see profit with in 5 days. They kept in touch the entire time and never asked me for anymore money so I thought maybe this actually is legit. On the 5th day my $1000 grew to $17,200 and I could not believe my eyes, so now it is time to withdraw the funds and of course, the person told me I would have to pay 10% fee BEFORE I can get my funds, I then knew instantly that it was a scam. Because I asked them many times about the 10% fee and they always stated the fee would be paid AFTER I received my withdrawal. The website they had me register for was cryptomaxreturns.com. If anyone is skeptical about any of these kinds of things just go with your gut and don’t do it, or if you do, make sure you use a credit card so that you can file a chargeback. Let this be a lesson to everyone.