Suspected of fraudCrestHill Securities
1Year
Basic Information
Country
AmericaMarket Type
foreign exchangeEnterprise Type
BrokerageService
Provide trading services for a variety of financial products such as foreign exchange (Forex), contracts for difference (CFD), stocks, commodities, indices, etc.Support Languages
Chinese, EnglishDomain Registration Date
2024-09-18Business Status
Suspected of fraudCompany IntroductionWeb Analytics
Company Introduction
CrestHill Securities claims to be a broker providing forex, contracts for difference (CFDs), and access to global financial markets, touting its "professional trading platform," "global account support," and "24/7 customer service." However, a review of its official website (cresthillsec.com) and publicly available information reveals significant gaps in the company's regulatory disclosures, fund security mechanisms, and corporate background, raising serious questions about its reliability and compliance.
While the platform uses marketing terms such as "low spreads," "high leverage," and "smart analytics," it does not clearly disclose its registered entity, company address, regulatory license number, or fund custody structure. This lack of information is typical of unregulated or weakly regulated brokers, making it difficult for investors to assess their legitimacy and risk profile.
🌐Global layout and brand background
CrestHill Securities advertises services across Europe, Asia, and the Middle East, with a global client base. However, verification reveals a recent domain registration and obscure registration information, with no reliable legal entity, registration location, or regulatory information. Numerous page templates closely resemble those of other suspicious platforms, suggesting the platform may be an unregulated entity focused on rapid customer acquisition and short-term trading.
Furthermore, the platform failed to clearly state whether it was affiliated with a well-known financial group or had actual capital backing, a stark disconnect from its branded claims of "internationalization" and "professionalism." Investors should remain vigilant when encountering brands that make such claims without substantial backing.
💹Trading products and services
On its website, CrestHill Securities claims to offer CFD trading on forex, commodities, indices, stocks, and cryptocurrencies, and emphasizes "zero commission," "low spreads," and "high leverage." However, the platform does not disclose minimum deposit requirements, spread ranges, leverage limits, fee structures, or client profitability data. The lack of disclosure of these fundamental trading parameters makes it difficult for users to accurately assess trading costs and risks.
At the same time, terms such as "zero slippage" and "intelligent risk control system" mentioned in marketing lack technical descriptions or third-party verification records. This lack of transparency in service content is likely to hide risks such as execution delays, forced liquidation or difficulty in withdrawing funds.
💻Trading technology and platform experience
CrestHill Securities claims to use an "advanced platform," "ultra-fast matching," and "live customer service." However, its website does not provide a verifiable software download link, platform version notes, or a third-party technical audit report. Some page links are broken, the interface template is crude, and information is repetitive, suggesting that the website is low-quality and poorly maintained.
If the trading backend is as crude as the website, users will face high latency, system anomalies, account freezes, or data insecurity. In a high-leverage environment, technical stability is particularly critical, and the platform's transparency in this regard is seriously lacking.
🛡️Regulatory compliance and fund security
CrestHill Securities does not disclose any regulatory agency, license number, client fund segregation mechanism, or compensation plan on its website. No legal registration records for the company or its affiliated entities can be found in third-party regulatory databases. This means that client funds are completely unprotected by legal regulations. If the platform misappropriates funds, freezes accounts, or denies withdrawals, investors have virtually no legal or regulatory remedies.
While legitimate brokers clearly state on their homepages that client funds are held in independent custody and that they participate in investor compensation funds, this platform displays none of these. The lack of a regulatory framework signals a high level of risk.
⚡Trading conditions and experience
The platform emphasizes "high leverage," "instant profits," and "zero-risk trading," but fails to disclose the accompanying trading rules or user agreement. Some investors who have used similar platforms have reported delayed withdrawals, disconnected customer service, and abnormal account operations. There is a significant mismatch between CrestHill Securities' promotional material and user feedback, a common characteristic of unregulated, unregulated platforms.
High leverage itself brings significant risks, and in the absence of platform supervision and transparency, investors suffer the double blow of "market risk + platform risk".
🎓Customer support and value-added services
CrestHill Securities claims to offer 24/7 customer service, multilingual support, and market education resources, but in reality, only offers email and a simple questionnaire, with no instant messaging, phone, or social media support. Users report slow customer service responses and superficial and repetitive educational resources, lacking in depth and expertise.
While legitimate brokers typically offer services like video tutorials, research report downloads, and dedicated account managers, this platform's customer service performance clearly falls short of industry standards. This significant disconnect between service promises and actual performance further undermines its credibility.
⚠️Risk Warning and Platform Positioning
CrestHill Securities failed to prominently display basic warnings such as "CFD trading carries high risks and may result in total capital loss" in its advertising. Instead, it frequently used misleading terms such as "stable profits," "zero risk," and "professional arbitrage system," which seriously deviated from industry compliance practices.
Therefore, this platform should be positioned as a high-risk, weakly compliant trading channel. Investors who expect a legal and secure trading environment are advised to stay away from platforms with such ambiguous operating models.
🔍Comprehensive analysis and evaluation
After comprehensive assessment, CrestHill Securities has the following key risks:
No mainstream regulatory licenses;
The company's registration background is unclear and its operating entity is unknown;
Inadequate disclosure of trading conditions, fee structures, and account terms;
The customer fund protection mechanism is missing, and users are complaining about withdrawals and customer service issues.
A lot of marketing language is disconnected from the actual service.
Overall, CrestHill Securities lacks the trustworthiness, transparency, and security expected of a legitimate broker. Investors are advised to avoid any financial transactions with this platform and instead choose trusted platforms regulated by authoritative bodies such as the UK FCA, Australia's ASIC, and Cyprus' CySEC.
Selected Enterprise Evaluation
2.17
Total 3 commentsCrestHill Securities operates without verified regulation or transparency, showing clear signs of an unlicensed offshore broker.
Reply
With no license, hidden ownership, and multiple risk warnings, CrestHill Securities appears unreliable and unsafe for investors.
Reply
Be very cautious when investing. Recovering lost funds or dealing with crypto trading scams can be extremely stressful and frustrating once your money is in the wrong hands. I personally lost over $882,050 while trying to earn extra income through a fraudulent trading company. Fortunately, I was later introduced to Mrs. Susan Kaplan, who works with a reputable recovery firm. With her help, I was able to recover 90% of my total losses, including the profits stolen by these scammers. If you’ve had a similar experience, you can reach out to Mrs. Susan Kaplan: Email: [email protected] WhatsApp: +1 ( 36 0) 310-0351
Reply
~ There's nothing more ~
About CrestHill Securities's questions
Ask:Is CrestHill Securities regulated by any financial regulator?
Answer:There is currently no evidence that CrestHill Securities is regulated by mainstream financial regulators such as the UK's FCA, Australia's ASIC, or Cyprus' CySEC. The platform's official website does not disclose a regulatory number, registration information, or client fund segregation mechanism, and it does not appear in any authoritative regulatory databases. This means the company is completely unregulated ("unregulated broker"). If an account is frozen, withdrawals are blocked, or the platform is shut down, investors will have no legal or regulatory recourse to recover their funds.
Ask:Is CrestHill Securities’ claim of “high returns, low spreads, and risk-free trading” credible?
Answer:These promotional claims are extremely misleading. Reputable brokers don't advertise "zero risk" or "stable profits," nor do they promise any fixed returns. CrestHill Securities' so-called "high leverage," "zero slippage," and "intelligent trading system" lack any data verification or third-party audit support. In reality, these false marketing claims are often used by unregulated platforms to lure investors into depositing funds, but they actually conceal risks such as price manipulation, back-office interference, and withdrawal denials. Therefore, these promises are not to be trusted and are instead warning signs of high risk.
Ask:What should I do if I am unable to withdraw funds or cannot contact customer service at CrestHill Securities?
Answer:If you experience withdrawal delays, frozen funds, or are unable to contact customer service, immediately stop making additional deposits and save all transaction records, remittance receipts, and screenshots of email communications. Because this platform is unregulated, protecting your rights is extremely difficult. We recommend contacting your payment institution (such as a bank or e-wallet) as soon as possible to request a freeze or tracing of your funds, and reporting the case to your local financial regulator or online fraud reporting center. You can also publicly report the case on the investor protection platform to prevent further harm. Such incidents often indicate that the platform may be engaging in fraudulent brokerage or misappropriation of funds.