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CrestStone MarketsSuspected of fraud

CrestStone Markets

1.90
Suspected of fraudAmerica
Time

1Year

Contact Information
Website
Industry Echelon

Basic Information

Company
Regulatory
Risk Monitor
Download
Documents
Country
America
Market Type
foreign exchange
Enterprise Type
Brokerage
Service
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, English
Domain Registration Date
2024-09-18
Business Status
Suspected of fraud

Company IntroductionWeb Analytics

Company Introduction

CrestStone Markets claims to be a financial services company providing foreign exchange and contracts for difference (CFD) trading, claiming to offer efficient execution, advanced trading platforms, and a secure environment to traders worldwide. However, verification has revealed significant discrepancies between its corporate background and registration information and its actual regulatory status. The platform's official website uses numerous vague terms such as "globally trusted trading partner" and "top liquidity provider," yet no valid licensing record has been found with any international regulatory body, such as the FCA, ASIC, or CySEC.

The platform claims to be headquartered in London and serves a global client base, but its domain name registration history is short, and transparent company filing information and third-party audit data are lacking. Overall, CrestStone Markets' operational structure and information disclosure raise significant questions, and its so-called "international brand positioning" remains more of a marketing strategy than a substantive regulatory and operational foundation.

🌐Global layout and brand background

CrestStone Markets' website mentions "branches in several major financial markets," including in Europe and Asia Pacific, but these branches are not registered in any national financial regulatory database. The "international office addresses" listed on the website cannot be verified through public corporate registration systems, and some of the information appears to be copied from other brokerages.

From a branding perspective, CrestStone Markets attempts to create an image of "licensed and trustworthy" by mimicking the website structure and color schemes of major licensed brokers such as Eightcap and IC Markets. However, in reality, the platform lacks transparency and consistency in its branding efforts. Its "global presence" is more of a visual marketing gimmick than a genuine operational network. For investors, this kind of false packaging is often a warning sign of a high-risk platform.



💹Trading products and services

CrestStone Markets claims to offer a wide range of products, including forex, commodities, indices, cryptocurrencies, and stock CFDs. However, it fails to disclose liquidity sources, the number of trading pairs, or pricing mechanisms. More seriously, its official website lacks a download link for the trading platform or an authorization number, displaying only a mock chart interface and marketing slogans.

This lack of transparency in the product structure means investors may be unable to verify whether their trades are truly entering the market. Some user feedback indicates that CrestStone Markets' trading prices differ from those of the mainstream market, suggesting that they are operating in an "internal matching" or "virtual trading" model, which is extremely risky. For investors seeking real market execution, this opaque trading environment can easily lead to fund security issues and price manipulation risks.



💻Trading technology and platform experience

CrestStone Markets claims its technology platform features "ultra-fast execution and zero latency," but its website does not disclose the location of its servers or the infrastructure it uses. Common trading systems such as MetaTrader 4 (MT4) and MetaTrader 5 (MT5) lack authorization numbers and lack any third-party regulatory oversight.

From a user experience perspective, some investors reported frequent platform freezes, order failures, and data delays during peak trading hours. Some users even reported account balances being wiped out or frozen without warning. Combined with CrestStone Markets' opaque system structure, these signs suggest potential backend interference or price manipulation.



🛡️Regulatory compliance and fund security

Regulation and fund security are key concerns for investors, and CrestStone Markets is almost completely unqualified in this regard. Its official website claims to "comply with international financial regulatory standards," but does not provide any specific regulatory numbers or agency registration information. In the database, the company was marked as an " unregulated high-risk platform ," and there were multiple user reports of withdrawal obstructions and account freezes.

Because the platform fails to implement client fund segregation, investor funds may be deposited directly into the company's accounts, exposing them to the risk of misappropriation. Some customers have reported being asked to pay additional "tax settlement fees" or "account maintenance fees" after withdrawing funds, a typical scam employed by unregulated platforms. Investors who deposit funds on unregulated platforms face virtually no legal recourse to recover their funds.



⚡Trading conditions and experience

CrestStone Markets' website touts "low spreads" and "leverage up to 1:1000" as selling points to attract investors. However, excessive leverage is a red flag for an unregulated platform. Its fee and commission structure is not publicly disclosed, and it doesn't even display actual trading terms or risk disclosures. Some users have reported forced liquidation or withdrawal restrictions after generating profits, suggesting the possibility of back-office interference.

Furthermore, the platform primarily accepts deposits via credit cards and cryptocurrency transfers, untraceable payment methods often used to circumvent regulatory and refund mechanisms. Once funds are deposited, it is virtually impossible for investors to recover them, and customer service often delays processing them, citing "anti-money laundering reviews."



🎓Customer support and value-added services

CrestStone Markets' customer support system is practically nonexistent. Although the official website claims to offer "24-hour multilingual support," in reality, information can only be submitted through a web form, and most inquiries go unanswered. The online chat function is closed during non-business hours, and customer service emails frequently bounce or receive delayed responses.

The platform's so-called "educational resources" and "market analysis" are merely webpage content, lacking substantive research and data. Compared to regulated brokers in the industry, CrestStone Markets offers virtually no customer support or education, resulting in a generally poor user experience.



⚠️Risk Warning and Platform Positioning

CrestStone Markets exhibits typical characteristics of unregulated platforms: false registration information, ambiguous regulatory statements, high leverage, and severe barriers to deposits and withdrawals. Its operating model resembles a Ponzi scheme disguised as a forex trading platform, attracting new customers through marketing tactics and lacking the ability to provide genuine financial services.

Investors trading on such platforms are highly likely to encounter account manipulation, frozen funds, or inability to withdraw funds. Investors are advised to avoid any form of deposit operations and promptly report to relevant financial regulators or anti-fraud organizations.



🔍Comprehensive analysis and evaluation

In summary, CrestStone Markets has the following major risk characteristics:

  • No registration or valid license with any regulatory agency;

  • The website information is distorted and the whereabouts of funds are unknown;

  • There have been numerous user complaints, with withdrawals becoming increasingly difficult.

  • The customer service and backend responses are slow, and it seems to be a disguised website.

Overall, CrestStone Markets is a high-risk, unregulated forex platform whose business model is highly similar to typical fraudulent platforms. Investors are advised to stay away from this website and prioritize BrokerHiveX. The brokers listed above are regulated by regulatory agencies such as FCA, ASIC, and NFA to ensure fund security and transaction transparency.

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Selected Enterprise Evaluation

2.25

Total 4 comments
****
1.00
CrestStone Markets operates without any valid regulation or transparency. The platform uses fake claims to attract investors and has multiple reports of frozen withdrawals. It’s a high-risk offshore broker that should be avoided at all costs.

Reply

****
1.00
Untrustworthy and deceptive broker. CrestStone Markets manipulates prices, delays withdrawals, and provides no proof of regulation. Many users report losing their entire deposits—clear signs of a fraudulent operation.

Reply

ni***dd
5.00
Recovering your lost investment funds as the case might be, is not what you can do alone, you’d require the service of a trained recovery specialist. A recovery specialist is a person or a group of people who are well equipped to work around the brokerage network. They have vast knowledge about the whole network and have the right software and private keys to follow any transaction. I was scammed 175k trading online to an investment broker, good thing I got every penny back through the help of Gavin ray he’s a genius Contact MAIL : Gavinray78 @ gmail .com or WhatsApp +1 352 322 2096‬ It is also important to be patient and really calm during the recovery process.

Reply

****
2.00
I 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

~ There's nothing more ~

About CrestStone Markets's questions

01

Ask:Is CrestStone Markets a regulated broker?

Answer:This is not the case. CrestStone Markets claims on its website that it "adheres to international financial regulatory standards," but it provides no verifiable regulatory identification numbers or licenses. Verification shows that the company is not registered with the UK's FCA, Australia's ASIC, Cyprus' CySEC, or any other major financial regulator. According to BrokerHiveX's risk database, CrestStone Markets is labeled an "unregulated, high-risk platform," categorized as offering no financial guarantees or legal protections. Investors trading on this platform face a high risk of financial loss.

02

Ask:Can I withdraw funds from CrestStone Markets safely?

Answer:Numerous users have reported that after submitting withdrawal requests, the platform often refuses or delays them, citing "account review" or "unpaid taxes." Some investors, even after paying additional fees, have seen their accounts locked or their funds disappear. Because CrestStone Markets does not maintain a regulated segregated client account, investor deposits are likely to go directly into the company's accounts, lacking any third-party escrow protection. If the platform shuts down its website or relocates its domain, investor funds will be irrecoverable. Therefore, it is recommended not to continue depositing funds to this platform, and avoid any claims of "unlocking fees" or "withdrawal taxes."

03

Ask:Is the trading environment of CrestStone Markets authentic and trustworthy?

Answer:CrestStone Markets' website displays trading charts and price fluctuations, but it does not provide an authorized trading platform ID (such as MT4 or MT5), nor does it offer any downloadable client. Industry analysts believe the platform uses a virtual price system, a "fake trading environment," with all trading results controlled by the backend. This means that investors' market conditions, order execution, and account balances may be manipulated. Many users have reported having their accounts forcibly liquidated or their trades frozen after making profits. Therefore, it is clear that CrestStone Markets is not a legitimate trading platform, but rather a high-risk website that uses fraudulent data to manipulate investor behavior.

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