BrokerHiveX
CrestVista MarketsSuspected of fraud

CrestVista Markets

1.55
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

CrestVista Markets claims to be a global broker providing foreign exchange and contracts for difference (CFD) trading services, claiming to be headquartered in London, UK, and licensed to operate in multiple locations. However, a review of its website domain and regulatory filing information revealed that the company is not authorized by any international financial regulator. The "regulatory license numbers" displayed on its website have been verified to be forged or misrepresented.
Furthermore, CrestVista Markets has no verifiable company registration information, nor has it disclosed its actual office address or legal representative. The platform's website uses exaggerated claims such as "zero spreads," "AI trading strategies," and "secure managed accounts" to attract investors. However, these claims lack any third-party verification and are clearly misleading. Multiple user feedback indicates that the company faces serious financial security risks, with some accounts locked or unable to withdraw funds, indicating a clear risk of fraud in its operations.

🌐Global layout and brand background

CrestVista Markets claims on its website that its services cover global markets and that it has branches in the UK, Australia, the UAE, and Singapore. However, upon verification, these addresses are not officially registered, and no relevant company information can be found in local regulatory databases.
The platform's domain name is registered on an anonymous offshore server, with all owner information hidden. The domain's recent establishment and lack of legal business registration demonstrate its lack of long-term operational capabilities and credibility. CrestVista Markets's "international" background is likely a fabricated marketing gimmick designed to exploit investors' trust in licensed overseas platforms.
While its website design mimics the style of mainstream brokers, its content is hollow, its grammar is chaotic, and its terms and conditions are vague, clearly not authored by a legitimate financial institution. Overall, this platform appears to be a high-risk forex scam disguised as a legitimate business.



💹Trading products and services

CrestVista Markets claims to offer a variety of CFD products, including forex, indices, metals, energies, stocks, and cryptocurrencies. However, the actual trading environment lacks a real market matching mechanism. Its trading data, spreads, and volatility are extremely volatile, and its price curves significantly deviate from those on mainstream market platforms (such as TradingView and Bloomberg), suggesting possible manipulation.
Investors have reported that the platform would freeze accounts or force liquidate positions without reason after a client achieved a profit, subsequently refusing withdrawals due to excuses such as "system maintenance" or "audit requirements." In many cases, customer service representatives would request a new deposit to "unlock the account," a common tactic employed by fraudulent platforms. CrestVista Markets' so-called "professional advisory team" is actually a sales agent whose primary mission is to induce investors to continuously add funds.



💻Trading technology and platform experience

The platform claims to support MetaTrader 5, WebTrader, and mobile trading. However, testing has revealed that the terminal is not an official MT5 version, but rather a modified, unauthorized version. The program contains security vulnerabilities that could allow personal and account data to be stolen.
Furthermore, its website uses low-quality SSL encryption, prompting browsers to display security warnings. The trading page is slow to respond, chart refresh delays are significant, and even price fluctuations occur. Users report frequent system crashes or login failures during key market conditions, leading to trading losses. Overall, CrestVista Markets' trading system lacks technical support and lacks the trading architecture of a legitimate broker.



🛡️Regulatory compliance and fund security

CrestVista Markets' regulatory information is completely fictitious. The regulatory number listed on its website cannot be found in any official database. The "UK Financial Markets Authority (FMA)" mentioned on the website is not a real regulatory body, but a fabricated organization.
Regarding fund security, the platform fails to disclose the bank where customer funds are held, nor does it provide any proof of third-party custody. Some users report that their deposited funds were not deposited into separate accounts, but instead directly transferred to personal wallets or offshore accounts. This lack of transparency in fund flows can easily lead to investor funds being misappropriated or simply disappearing.
From a risk perspective, this platform completely fails to meet the compliance requirements for financial service providers and is a typical unregulated offshore financial scam.



⚡Trading conditions and experience

CrestVista Markets advertises leverage of up to 1:500 and "zero spread" trading conditions, but such claims are highly unrealistic. Unregulated platforms often use extreme leverage to attract investors, only to create losses through back-end price manipulation or delayed execution.
Numerous users reported significant order execution delays during market fluctuations, with stop-loss orders being invalidated or skipped, leading to account liquidations. The platform failed to provide any authentic trading records or third-party liquidity verification, demonstrating that its so-called "trade matching" was a complete sham.
In addition, the website lacks transparent fee explanations, and hidden handling fees and overnight fees are high, so customers often have large amounts of funds deducted without their knowledge.



🎓Customer support and value-added services

The platform's customer support system is virtually nonexistent. The phone and email addresses listed on the official website are often inactive. While online customer service is responsive before investors deposit funds, it loses contact once withdrawal issues arise. Some users report that customer service agents use fake identities and even use threats or intimidation to prevent users from reporting issues.
The so-called "education center" and "market analysis reports" are mostly automatically generated content, lacking any professional depth. The platform does not have a real team of analysts, nor does it update any authoritative market information. This kind of "fake educational content" is simply to increase the credibility of the website and prolong the scam.



⚠️Risk Warning and Platform Positioning

CrestVista Markets' operating model is highly suspicious and exhibits typical characteristics of online financial fraud. Its high-leverage promotions, false regulatory credentials, and exaggerated profit promises all violate financial compliance standards.
Investors trading on this platform face extremely high risks, including: inability to withdraw funds, account freezes, backend market manipulation, loss of customer service, and the leakage of private information. The platform provides no risk disclosure documents and has no traceable legal entity, making it a high-risk offshore fraud website .
Investors are advised not to make any deposits on this platform. Those who have already deposited funds should immediately stop trading, save all evidence, and contact relevant financial regulatory agencies or anti-fraud departments as soon as possible.



🔍Comprehensive analysis and evaluation

Overall, CrestVista Markets completely lacks the qualifications and credibility of a legitimate broker. Its main problems include:

  • Falsifying regulatory information and false registration addresses;

  • Unofficial trading software and high-risk data tampering;

  • Client funds are not segregated, making withdrawals difficult;

  • Customer service is out of contact and there is no way to complain;

  • High leverage and false returns mislead investors.

This platform is highly likely engaging in fund fraud under the guise of forex investment. According to industry monitoring data, similar platforms typically shut down their websites and change their domain names shortly after absorbing funds.
Therefore, CrestVista Markets is a high-risk, unregulated platform and investors should stay away from such fake brokers to avoid significant financial losses.

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Selected Enterprise Evaluation

1.00

Total 2 comments
****
1.00
I was promised professional trading guidance and quick profits with CrestVista Markets. Everything looked fine until I tried to withdraw. They suddenly claimed I needed to pay a ‘security verification fee’. After I refused, my account was locked, and support stopped replying. It’s a textbook scam platform.

Reply

****
1.00
The website design made it look like a real broker, but it’s all fake. My deposits disappeared, and every withdrawal request was ‘under review’ for weeks. Later, I found out they have no real license or office. This is a fraudulent offshore broker preying on new investors.

Reply

~ There's nothing more ~

About CrestVista Markets's questions

01

Ask:Is CrestVista Markets regulated by any financial regulator?

Answer:No. CrestVista Markets is not authorized or licensed by any international financial regulator, such as the UK's FCA, Australia's ASIC, Cyprus' CySEC, or New Zealand's FMA. The "regulatory number" displayed on its website has been verified to be fabricated, and the company is not registered in the regulatory databases of relevant countries. The platform is registered in an unidentified offshore jurisdiction, a clear attempt to circumvent legal scrutiny. This means that investors' funds have no legal protection, and if the platform encounters problems or shuts down, there will be no way to recover principal through regulatory channels. Investors should be wary of any offshore forex website claiming to be "internationally regulated."

02

Ask:Why are investor withdrawals from CrestVista Markets being rejected or delayed?

Answer:According to multiple user reports, CrestVista Markets has serious issues with its withdrawal process. After investors' accounts have accrued profits, the platform often denies withdrawals, citing reasons such as "audit verification," "account risk management," and "unpaid taxes." Some users are even required to deposit funds again to unlock their accounts or complete "identity verification." However, after completing these additional deposits, their accounts are immediately frozen or customer service disconnects. These practices are completely inconsistent with the normal fund management practices of a regulated brokerage, indicating a high risk of fund manipulation, malicious withdrawal delays, and even the misappropriation of client assets.

03

Ask:Does CrestVista Markets' trading software actually connect to the market? Is it secure?

Answer:Unsafe. The trading terminal provided by this platform is not the official MetaTrader software, but a modified, counterfeit version. After downloading, users will be prompted with potential risks, and the software has experienced data anomalies and backend delays. Technical analysis has revealed that the software's data source is unidentified, and price fluctuations deviate significantly from actual market conditions, suggesting that trading results may be manipulated. Furthermore, the platform lacks SSL encryption and privacy protection protocols, potentially exposing users' personal information and bank card details to theft. Investors must immediately cease all trading operations on this platform and delete the associated application.