cryptogo365.com Scam Check: 10/100 Trust | ScamMinder

Exercise caution when interacting with this website.

The website cryptogo365.com claims to offer trading services for various financial instruments, including currencies, stocks, commodities, and digital currencies. It promotes itself as a reliable platform with convenient trading conditions and access to a wide range of assets. However, several red flags and characteristics commonly associated with scam websites are evident upon closer inspection. 1. Lack of Regulatory Information: Legitimate financial service providers, especially those offering trading services, are typically required to be regulated by relevant authorities in the jurisdictions where they operate. This regulation is crucial for ensuring the security of clients' funds and adherence to industry standards. The absence of clear regulatory information on the website is a significant concern. 2. Unrealistic Promises: The website makes several bold claims, such as offering up to 1:400 leverage, high execution speed, and 100% customer satisfaction. While leverage is a common feature in trading, the high leverage ratio of 1:400 is exceptionally risky and not typically offered by reputable, regulated brokers. Additionally, the guarantee of 100% customer satisfaction is unrealistic in any industry. 3. Vague Ownership and Location Details: The website provides limited information about the company behind the platform. While it mentions being operated by "cryptogo365 Ltd" and provides an address in St. Vincent and the Grenadines, this information is not sufficient for due diligence. St. Vincent and the Grenadines is known for its lenient financial regulations and is a common location for offshore entities, which can be a red flag. 4. Risk Disclaimer: The website includes a generic risk disclaimer, stating that trading CFDs and other market products involves risks and can result in capital loss. While this is a standard disclosure in the financial industry, its presence does not absolve the platform from conducting business in a responsible and transparent manner. 5. Limited Geographic Availability: The website explicitly states that its services are not available to clients located in the United States of America, Iraq, and North Korea. While it is common for financial services to be restricted in certain jurisdictions due to regulatory reasons, the specific exclusion of these countries can be a red flag, especially if it is not accompanied by a clear explanation. 6. High Leverage and Risky Trading: The promotion of high leverage and the suggestion of "unlimited trading strategies" without adequate risk warnings can be a sign of a platform that prioritizes aggressive trading and potentially encourages risky behavior among its clients. 7. Limited Contact Information: While the website provides an email address and a phone number for contact, the absence of detailed contact information, such as a physical office address and multiple means of communication, is a common characteristic of less transparent or potentially fraudulent operations. 8. Generic Website Content: The content on the website, including the descriptions of services and benefits, is generic and lacks specific details that would be expected from a reputable financial services provider. This can be a tactic used by scam websites to appeal to a broad audience without committing to verifiable claims. 9. Trustpilot Rating: The website mentions being rated as "excellent" on Trustpilot, a popular review platform. While positive reviews can be a good sign, they should be verified independently, as fake or manipulated reviews are not uncommon in the online trading industry. 10. High Gap Ratio: The analysis of the domain age and archive age suggests a high gap ratio, which can be a red flag for older domains. This discrepancy in the age of the domain and the lack of substantial historical content or online presence can indicate suspicious activity. It's important to approach platforms like cryptogo365.com with extreme caution and conduct thorough research and due diligence before considering any financial transactions. Given the numerous red flags and the potential risks associated with unregulated and opaque trading platforms, it is advisable to seek out established, regulated, and reputable brokers or financial service providers for any investment or trading activities."

• Lack of Regulatory Information, Unrealistic Promises, Vague Ownership and Location Details, Risk Disclaimer, Limited Geographic Availability, High Leverage and Risky Trading, Limited Contact Information, Generic Website Content, Trustpilot Rating, High Gap Ratio