SafeCryptoWorld Broker Review

SafeCryptoWorld’s website immediately lets you know you need to download AnyDesk, Teamviewer, or ScreenLeap to trade. Fraudulent financial firms use this remote software to access your device and, through it, your online banking. For your convenience, we’ve included a SafeCryptoWorld review, so you don’t have to worry about becoming the next victim.

If you would like to continue, we recommend that you read our reviews of the brokers BullCFDs, T4Trade, and NAB Crypto. Investing with these brokers is risky, so do not make a deposit!

1. Scam Broker Status: Unregulated
2. Licensed by: Unlicensed Forex Provider/Unregulated
3. Websites of scammers: safecryptoworld.com
4. Forex Trading Scam: Active
5. Scam listed by: BCSC, FCNB
6. Owner of the broker: N/A
7. Country of headquarters: UK (allegedly)
8. Year of foundation: N/A
9. Platforms for online trading: WebTrader
10. Trading on the go: Available
11. Deposits must be at least $250
12. Bonus on Deposit: N/A
13. Trading Crypto Assets: Available
14. Trading CFDs is an option: Yes, you can trade instruments available: FX, commodities, indices, shares, cryptocurrencies
15. Leverage maximum: 1:40
16. No Islamic account is available.
17. Demo Accounts: No, only live accounts are available
18. US traders are accepted: This broker accepts US clients.
19. Fraud Protection Team: Don’t invest in this scam broker!

Is SafeCryptoWorld a Scam Broker? – No Legitimate Trading License

The SafeCryptoWorld broker has provided no information about the company ownership, legal jurisdiction, or similar. There is no relevant information in the Terms and Conditions, even though the broker claims to be based in the UK.

The FCA will require the company to obtain a Tier1 license if this is the case. Tier1 is the firmest of the regulatory tier zones. ASIC, FCA, and BaFin require Forex firms to maintain segregated accounts and have compensation funds. Despite being loose regulators, Tier2 and Tier3 still provide some regulatory oversight.

Checking, we discovered SafeCryptoWorld is regulated by a scheme, not a licensed provider.

Scam Warnings Against SafeCryptoWorld

In Canada, SafeCryptoWorld was blacklisted after many complaints. The Financial and Consumer Services Commission and British Columbia’s regulator issued a warning. 

Canadians seem to be the main target of the SafeCryptoWorld scam, which led to the BCSC issuing a warning that SafeCryptoWorld is not registered to trade securities or provide derivative advice.

FCNB warned Canadian consumers about fraud, despite not being an official regulator.

Where Is SafeCryptoWorld Trading Scam Active?

SafeCryptoWorld targets US residents in addition to Canadians. This investment firm is not licensed in any country, despite its claims that it is a UK brokerage.

Did SafeCryptoWorld Scam You? – Start the Chargeback Process

What if you or someone you know has been involved with the SafeWorldCrypto scam? We understand how hard it must be to become a victim of Forex or crypto fraud. However, this feeling is only temporary. Your funds can be recovered if you take the proper steps.

We at Global Fraud Protection are experts at getting your money back. By utilizing their weaknesses, we can quickly retrieve your funds from scam firms. Acting quickly increases our chances of success.

Get a free consultation by contacting us via online chat.