Caleb & Brown Review: Unregulated Crypto Broker

 
Have you been scammed by a broker? Complete this form now to get free consultation from money recovery experts
Do you want to expose a broker or comment about their scam activities? BrokerProfile is the uncensored forum where you can discuss freely about good and bad actors.

Caleb & Brown is presenting a service where they claim to help people buy, sell and swap Crypto with personalized 24/7 support?

The website of this Crypto broker can be found at calebandbrown.com. Is this platform just a Crypto scam or a legitimate source for procuring Crypto?

Caleb & Brown review: legit or a scam?

The company Caleb and Brown Pty Ltd is registered in Australia and their website suggests that they are a broker that leverages on personalized customer support to attract new investors.

However, this Crypto broker does not appear to be a popular choice among traders. In fact, many traders still prefer Localbitcoin and Paxful as opposed to small-scale Crypto trading platforms like Caleb & Brown.

Is Caleb & Brown regulated?

This Crypto broker is not licensed or authorized to provide this type of service to consumers.

They claim to have offices in Australia and London and in this case, we expected the relevant regulatory authorities to issue them with a license.

This is a requirement because even established Crypto brokers and exchanges are regulated/

Unfortunately, calebandbrown.com does not appear to have any form of license. This makes them a risky broker as losses will not be compensated.

Financial regulators across the world are warning traders and investors against using unregulated brokers like calebandbrown.com.

If you’re looking to trade Crypto with a reliable broker, you can only do so if you pick the best Crypto brokers in this list of recommendations.

Reviews about Caleb & Brown

We’ve seen mixed reviews about this Crypto broker on the internet. Some people say that their fees are quite affordable while others say they charge huge fees.

Also, some traders are of the opinion that it is more convenient to use exchanges such as LocalBitcoin that to use exchanges that are yet to establish their business.

The general consensus is that everybody has their opinion concerning this broker.

The Conclusion of this Crypto broker review

The only issue we have with this broker is that they are not regulated, and this makes them a dangerous company to deal with.

Keep in mind that the minimum amount of money you can spend when buying Crypto here is $2,000.

You would have peace of mind spending this amount on a regulated exchange rather than wiring the funds to a company’s website that appears shiny but has no valid regulatory information.

As we conclude this review, we warn you that engaging with such companies often come with consequences.

We don’t recommend this Crypto broker at this time. But of course we’re also looking to gather real user reviews to tell us their experience with the broker.

But our stand is that you should try as much as possible to avoid unregulated Crypto brokers like Caleb & Brown.

Do you want to submit a broker or comment about their scam activities? BrokerProfile is the uncensored forum where you can discuss freely about good and bad trading service providers..

1 Comment

  1. Do you want to submit a broker or comment about their scam activities? BrokerProfile is the uncensored forum where you can discuss freely about good and bad trading service providers..
  2. charles christler

    I have most of my crypto with Caleb and brown. They seem reputable and non hackable but who knows these days. I own a ledger nano s but have never used it. This article says they are unregulated and dangerous . What do you recommend for me to do? are they unsafe like this article says?

Leave A Comment