Suspected of fraudCrypto Hot FX
3Year
Basic Information
Country
AmericaMarket Type
foreign exchangeEnterprise Type
BrokerageService
Cryptocurrency trading, foreign exchange trading, cryptocurrency mining and investment planningSupport Languages
EnglishDomain Registration Date
2022-04-14Business Status
Suspected of fraudCompany IntroductionWeb Analytics
Company Introduction
Crypto Hot FX claims to have been founded in either 2015 or 2020 (the platform's stated dates are inconsistent), and its headquarters are listed as either the US or London. Its corporate background is vague and lacks a unified, authoritative explanation, raising numerous questions. Based on its website and third-party inquiries, the platform lacks clear regulatory approval and has not disclosed any legal financial license numbers, making it a typical "high-risk" crypto asset trading platform.
While the website uses terms like "financial technology" and "global presence" to promote its corporate image, it lacks verifiable company registration information and legal entity information. Externally, it promotes itself as "safe," "efficient," and "professional service," but offers no information on fund segregation, regulatory agency links, or licensing verification. The overall transparency is extremely low, suggesting a false narrative.
🌐 Global layout and brand background
Crypto Hot FX claims to be "headquartered in the US or London," but its legal registration cannot be found in any regulatory country's corporate registry. Its official website fails to disclose basic corporate information, including legal representatives, shareholder structure, and regulatory information, severely lacking the basic transparency required for financial services.
In addition, the domain name registration information is not disclosed, the SSL certificate configuration is simple, and the official website content uses a large number of templated marketing terms such as "technologically leading" and "globally recognized". There is a lack of real user reviews and years of operation to support the claim, and the overall brand credibility is low.
💹 Trading Products and Services
Crypto Hot FX claims to offer trading services for mainstream cryptocurrencies like Bitcoin and Ethereum, as well as "financial services" such as asset management and investment consulting. However, the platform lacks any licensed financial institution qualifications and lacks the legal authority to provide asset custody or consulting services. User funds on the platform lack third-party protection, making them vulnerable to risks such as locked funds, withdrawal restrictions, and account anomalies.
Its promotional contents such as "personalized investment strategies" and "risk management systems" do not provide specific mechanisms or compliance instructions, and are suspected to be marketing tactics used to induce investors to recharge, posing a risk of false advertising.
💻 Trading technology and platform experience
The platform does not disclose the type of trading engine or software system it uses, nor does it mention whether it supports international standard trading terminals such as MT4/MT5. The entire site experience resembles a cheap template website, with slow page responses and simple functions. The registration process does not require real-name verification, which may violate the anti-money laundering (AML) regulations of most countries.
Some users reported that they were unable to withdraw cash after recharging and that customer service was lost, indicating that the platform is likely a fund-absorbing channel under the guise of a "technology platform."
🛡️ Regulatory compliance and fund security
Crypto Hot FX does not list any regulated financial license information on its official website, nor does it have a fund segregation statement, and cannot guarantee that user funds are protected at the legal or banking level.
Currently, no registration or regulatory records exist for the company with major regulatory bodies, including the FCA (UK), ASIC (Australia), and FinCEN (US), placing it in an "unregulated" operating state. Multiple third-party anti-fraud platforms have revealed that Crypto Hot FX is suspected of engaging in unlicensed crypto trading services and Ponzi scheme fraud, posing an extremely high risk.
⚡ Trading conditions and experience
The platform claims to offer services such as "real-time trading," "24/7 customer service," and "market data analysis," but its website lacks detailed information on actual trading depth, matching mechanisms, or trade execution. The deposit process is opaque, supporting stablecoins like USDT for deposits but lacking instructions for withdrawals, potentially creating a black box for funds.
Once users deposit funds, they are completely controlled by the platform, placing their funds at high risk. Furthermore, the platform lacks a KYC system, making it highly vulnerable to being used as a tool for money laundering or as a supporting tool for online fraud.
🎓 Customer Support and Value-Added Services
While the official website claims to offer "24/7 customer support," actual user feedback generally indicates that the platform's customer service is perfunctory, with delayed responses and even disconnection. While service is proactive during deposits, withdrawals and account issues are often unavailable or delayed due to "technical issues," demonstrating typical scam platform behavior.
Most of the so-called "professional investment advice" are automated messages or operated by people without financial qualifications. Investors should be highly vigilant against the illegal guidance and induced recharges behind their "expert services."
⚠️ Risk Warning and Platform Positioning
Crypto Hot FX lacks regulatory support and does not hold any legal trading licenses, making its operations highly suspicious. Investors face the following significant risks when using such platforms:
Funds cannot be withdrawn or are frozen;
Customer service lost contact and the platform ran away;
Legal issues involving money laundering, online fraud, etc.
Investors' personal information and assets face double risks.
Many of the platform’s actions have the characteristics of a “scam platform”. Users are advised not to perform any recharge or transaction operations on the platform.
🔍 Comprehensive analysis and evaluation
Based on a comprehensive assessment, Crypto Hot FX has serious issues with its brand background, regulatory compliance, technical strength, and fund security. The main issues are as follows:
The company's registration information is unclear, and the time and address are inconsistent;
It has no public financial regulatory qualifications and is not supervised by any authoritative organization;
User feedback is poor, and there are typical patterns of financial fraud;
The website is a templated disguise and lacks financial system infrastructure;
Extremely high financial and legal risks, suspected illegal financial activities.
Crypto Hot FX is a high-risk, suspicious platform. Investors are advised to stay away from unregulated, opaque, and fraudulent cryptocurrency trading platforms. If you have experienced financial losses, please contact the relevant regulatory authorities or the Internet Anti-Fraud Center for assistance.
Selected Enterprise Evaluation
3.50
Total 3 commentsI was unfortunately targeted by an online investment scam after investing more than $2M based on promised high returns. When I attempted to withdraw funds, my account was frozen, and the platform demanded additional “verification” payments—an immediate red flag I later worked with an asset-recovery professional who helped me recover a portion of the lost funds (about $450,000). While experiences and outcomes differ, I appreciated the support throughout the process. This incident highlights the importance of strong cybersecurity awareness: Email: (dorisashley71 (@) gmail. com ) or via WhatsApp at +1 .- (404) 721 56 08.) always verify platform legitimacy, conduct independent research before investing, and be cautious of platforms requiring unexpected payments for withdrawals. Staying informed is crucial to protecting your financial assets in the digital space.
Reply
The moment my “trading” account froze my withdrawals, I knew I had made a huge mistake. I kept trying to contact support, but no one replied. A friend told me about Mrs. Nora, and even though I was skeptical, I decided to try. From the very first message, she was confident, direct, and kind. She checked my case, told me exactly what documents she needed, and within 72 hours — yes, just three days — I got my funds back. She didn’t overpromise, and she delivered. I can say with confidence: she’s genuine, reliable, and worth reaching out to. 📧 bruce.nora254(@)gmail.com | 📱 +1 (870) 810-5442
Reply
I had difficulty withdrawing funds after trading and felt stuck at first. (alg @ nordevamber. com, +1 334 679 5376) support team provided clear instructions, answered my questions patiently, and helped me complete the withdrawal successfully. The whole process was handled professionally and I appreciated the transparency. This would be helpful for anyone who needs guidance with similar problems.
Reply
~ There's nothing more ~
About Crypto Hot FX's questions
Ask:Is Crypto Hot FX regulated?
Answer:No. The FCA has flagged both "Crypto Hot FX" in 2022 and "Hotfxcrypto" in 2025 as unauthorized firms operating in the UK.
Ask:Where are they based?
Answer:Provided addresses include San Francisco, CA (USA) and London, UK—likely fabricated and inconsistent.
Ask:What services are offered?
Answer:Advertised services include cryptocurrency trading, forex, and crypto-mining/investment plans.