Read our Cryptos Circus review to see if we recommend this broker for trading. Just to clear doubts, this is a cryptos-circus.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 Cryptos Circus 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.
| Regulatory Body | Status |
|---|---|
| FCA (UK) | No record of authorization |
| ASIC (AU) | No record |
| CySEC (EU) | No record |
| SEC / CFTC (US) | No record |
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 Cryptos Circus 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. Also, when these people change their website they tend to call the old clients, so if they call you from a new website please write it down on the comment or let us know it by contacting us. That would be really appreciated by us and families all over world. Also if you get phone calls from other companies please put the name of these companies also in the comment or send it to us. We will expose them too.
Cryptos Circus Review Conclusions
Making the Cryptos Circus 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 Cryptos Circus 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 are a scam and it took months for me to realize it, the hard way unfortunately.
The guy I spoke to called me multiple times a week, for weeks, explaining the market, spending sometimes an hour on the phone with me. I trusted him and wired a big amount of my savings in hope for it to grow with crypto.
I was able to withdraw a small portion of the money at the beginning (probably another technique to increase my trust) and then, when I wanted to withdraw more, he ghosted me. Never heard back and I lost my money now.
Stay away from these guys.
I saw this company when I was trying to invest in Crypto currency. They told me they were into Arbitrage Trading. Initial investment was with USD $ 250.00 by credit card deposit. They set up an account for me on their web site. I was dealing with two supposedly senior portfolio manages, when I hesitated after the initial investment, a second portfolio manager stepped in. The only way I could contact them was by Telegram. They could contact me by phone but when I tried to reach them on this number I was unsuccessful. When I started to insist on withdrawals, the first portfolio manager deleted his telegram account. then mysteriously, I no longer had access to my account which on the face of it seemed to be doing well. i tried to withdraw money before I was locked out but the website kept saying I had open trading positions. In retrospect I suppose the names given were caucasian names but the accents should have alerted me. PLEASE BEWARE.
Same for me as above reviews, when I stopped sending money I was advised to close my account and withdraw the funds, now all contact has been blocked. Louis Martin, heavy french accent. Crypto Circus ia a 100% scam.
I have been scammed out of over 40000 US And the broker just deleted his telegram account to have no way of tracking them or getting my money back on my wife is sick.
(1/5)
It is really sad that I am now seeing that Cryptos Circus is a scam. I signed up with them in April 2022, started off with $250 on the trading platform and eventually deposited more money to build my account. The broker that I worked with, his name was Steven Hoffman who then introduced me to an arbitrage, whose name was George Russo. After working with George Russo, he requested more money from me but I told him I don’t have any more money to deposit into the trading account, at least for now. By the month of July 2022 George & Steven both ditched me, stopped responding to my messages on telegram and before you know it they both deleted their telegram accounts.
I was able to contact the company directly and another broker contacted me, whose name was Louis Martin. For the month of August, Louis won my trust once again and the trading continued with him. On the trading platform he made me a lot of money. My account eventually grew and went up to $47,900 USD as this incudes all my deposits and “profits”.
Louis Martin kept telling me about the Ethereum merge and that we have to take advantage of it, and that its going to be big, we can make up to 50% profit, all we have to do is put in as much money as we can to get a bigger profit.
In spite all this, at that time I was determined not to put in any more money, I need to start making withdrawals. When I told Louis I cannot deposit any more money, He stopped replying to my messages, he also deleted his account on telegram.
Cryptos Circus is skilled at scamming people. Their protocols and procedures you go through when creating an account with them is to the T. Its really sad that I actually fell prey to their scamming tactics. I lost so much money, that I worked so hard for.
Same for me as above reviews, when I asked for just a small withdrawals of my funds, and Louis Martin ghosted me. Louis deleted his Telegram yesterday at about 1pm September 27. If anyone knows how to recover money please tell me!! I keep get more scammers trying to get retainer money to get my money. I am so sad.
I was also part of a group of 6 of us. We all trusted Louis and Daniel (if even that is even their real names).
My experience has been the same with Louis Martin. I’ve lost so much money. Stay away. I’ve filed multiple reports with police and government and hopefully if enough victims come forward we can maybe catch these guys.
Yes, my wife and I are in the same situation. We pressured them to release our funds and yesterday Louis martin deleted his telegeam account. We put in all our savings and lost everything.
(1/5)
It’s probably Tradethebit.com . Those bastards scammed me 14 K $ . So a few victims met on line and made a business non profit. Called https://fraudhunterscanada.com. check it out .
(1/5)
Cryptos Circus is at it again. This time with a different scam.
Everyone who were once scammed by Cryptos circus please beware, because they will call you again and say, the brokers who worked with you are now in custody and Cryptos circus has to refund 90% of its clients their money.
If you agree they will pretend to send you your money to a wallet in Ethereum, then they will tell you to pay 10% of the total funds so that your money can be released to you. When we contacted the company that created the wallet, they said that’s fake currency and has no value. So Cryptos circus is now targeting people they once scammed, so that they can be scammed them for a second time…… ..
Right now my husband and I have counted our losses and are moving on and working harder to build back all the monies we’ve lost when we invested in crytpos circus.
All this is a learning experience for us and are now extra vigilant.
Crytpos circus is not giving up. There are more scammers out there than the real, legitimate trading platforms.
This is their new company name : https://wilson-co.co.uk/
Be careful, guys. They are now using a money recovery strategy.