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/10

CTC

Australia Australia | 5-10 years |
Questionable Regulatory License | Suspicious Operational Region | High Potential Risk

https://cryptotradecentr.com/contact-us/

Website

Rating Index

Contact

https://cryptotradecentr.com/contact-us/
82 Gibson Ave, Padstow NSW 2211, Australia

license Forex License

No forex trading license found. Please be aware of the risks.

Warning: Low score, please stay away!
  • This broker lacks valid forex regulation. Please be aware of the risk!
2

Basic Information

Registered Region
Australia
Operating Period
5-10 years
Company Name
Crypto Trade Center Ltd
Email
support@cryptotradecentr.com
Address
82 Gibson Ave, Padstow NSW 2211, Australia
Verified Site
About Us
Disclosure
Wiki Q&A
Comment

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Official Website

Verified Site

  • cryptotradecentr.com
    68.65.122.154
    Server Location
    United States United States
    ICP Registration No.
    --
    Top Visitor Locations
    --
    Creation Date
    --
    Website Name
    --
    Company
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Company Profile

Company Profile

Review summary

Note: CTC's official website: https://cryptotradecentr.com/ is currently inaccessible normally.

CTC Review Summary
Founded2020
Registered Country/RegionAustralia
RegulationNo Regulation
Market InstrumentsForex, Shares, Cryptocurrencies, Commodities, Indices
Demo Account
Leverage/
Spread/
Trading PlatformsWeb-based
Minimum Deposit$500
Customer SupportEmail: support@cryptotradecentr.com
Address: 82 Gibson Ave, Padstow NSW 2211, Australia, 51 Boulevard Grande-Duchesse Charlotte, 1330 Luxembourg

Founded in 2020, CTC is an unregulated brokerage company based in Australia. It offers trading on Forex, Shares, Cryptocurrencies, Commodities, and Indices via a web-based platform.

Pros and Cons

Pros Cons
Various trading instrumentsNon-functional website
No demo accounts
No regulation
Limited info about trading conditions
High minimum deposit

Is CTC Legit?

No license

At present, CTC lacks valid regulation. Its domain was registered on Feb 19, 2024, and the current status is “ok”. We advise you to look for regulated brokers. If you decide to choose this broker, please pay high attention to the safety of your funds.

Domain information

What Can I Trade on CTC?

CTC claims to provide Forex, Shares, Cryptocurrencies, Commodities, and Indices trading.

Tradable Instruments Supported
Forex
Commodities
Indices
Shares
Cryptocurrencies
Bonds
Options
ETFs

Account Type/Commission

CTC claims to provide three types of account:

Starter: The deposit requirement ranges from $500 to $1,000. The commission is 25.

Silver: The deposit requirement ranges from $1,000 to $2,000.The commission is 50.

Gold: The deposit requirement ranges from $2,000 to $5,000. The commission is 85.

Trading Platform

CTC only offers a web-based trading platform.

Trading PlatformSupported Available Devices Suitable for
Web Web/
MT4/Beginners
MT5/Experienced traders

Deposit and Withdrawal

The only way you can deposit money in your CryptoTradeCenter account is through Bitcoin. Other popular payment options like bank wire transfers, credit/debit cards, Skrill, and Neteller are not supported.

Company Profile

  • 5-10 years
  • Questionable Regulatory License
  • Suspicious Operational Region
  • High Potential Risk

Wiki Q&A

Is it risky to trade with CTC?

Yes, trading with Crypto Trade Center Ltd (CTC) involves significant and high risk due to its unregulated status. The broker operates without oversight from any credible financial authority and offers no formal protection for client funds or trading disputes.

04-02
United States

Is CTC regulated?

No, CTC is not regulated. The broker, Crypto Trade Center Ltd, operates without any valid licenses from recognized financial authorities, placing it entirely outside established regulatory frameworks.

04-02
United States

When was CTC established?

Crypto Trade Center Ltd (CTC) has been operating for an estimated 5 to 10 years, with its business registered in Australia.

04-02
United States

How can I determine if a forex broker is regulated?

To determine whether a broker is regulated, the key is to verify whether it holds a valid financial license. Investors can check the license number and status through the official websites of regulatory authorities (such as Financial Conduct Authority, Australian Securities and Investments Commission) to confirm whether the license is real and under valid supervision. It should be noted that some brokers may engage in license cloning or unauthorized operations, meaning they use another company's license or provide services in regions where they are not authorized. These situations also involve risks. In addition, investors can use WikiFX to check the broker's regulatory status, historical records, and risk ratings as supporting reference, so as to evaluate its compliance more comprehensively.

04-02
United States

How can I identify a scam or fraudulent forex broker?

A broker can be evaluated as a potential scam platform by considering multiple factors such as regulatory qualifications, user complaints, fund security, and platform data. In general, brokers without valid regulation, those that frequently have withdrawal problems, those with a large number of user complaints, or those providing false information usually carry higher risks. You can check the broker's regulatory status, overall rating, exposure records, and user reviews on the WikiFX platform, and make judgments based on multi-dimensional data to effectively identify and avoid scam platform risks.

04-02
United States

What does it mean if a broker holds multiple regulatory licenses?

If a broker holds multiple regulatory licenses, it usually means that it operates in multiple countries or regions and needs to comply with the requirements of different regulatory authorities. Its overall credibility is generally higher. However, it should be noted that regulatory strength differs between licenses. Some offshore regulations have weaker restrictions, so safety should not be judged only by the number of licenses. It is recommended to focus on whether the broker holds licenses from major regulators such as FCA or ASIC, and evaluate its regulatory status, historical records, and overall rating together. You can also check all regulatory information and performance under different regulators on the WikiFX platform to more comprehensively assess its actual risk level.

04-02
United States

Can I recover my funds if I have been scammed by a broker?

Recovering funds after investment fraud can be difficult, but taking timely action may still help recover part of the losses. It is recommended to take the following actions immediately: keep trading records, chat records, and other evidence; contact the bank to try to stop or freeze the payment; report the case to local law enforcement agencies. In addition, investors can also use WikiFX complaint and exposure channels to increase the visibility of problematic platforms and improve the efficiency of rights protection.

04-02
United States

What are the most common and reputable forex regulatory authorities?

Common forex regulatory authorities include the Financial Conduct Authority (FCA) in the United Kingdom, the Australian Securities and Investments Commission (ASIC), the Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC) in the United States, the Cyprus Securities and Exchange Commission (CySEC), and the Monetary Authority of Singapore (MAS). These regulatory authorities usually maintain relatively high regulatory standards, and brokers regulated by them generally have higher compliance levels. You can check broker ranking lists under different regulators on the WikiFX platform, such as brokers regulated by FCA, ASIC, and CySEC, so as to compare brokers under different regulatory backgrounds more clearly and make safer choices.

04-02
United States
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※ WikiFX compiles data from publicly available sources and user contributions. While we endeavor to maintain its accuracy, we do not warrant the information's completeness, accuracy, or timeliness, as it may become outdated. Investors are strongly advised to verify critical details with official sources before making any decisions.
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