Our review of JP Crypto reveals that jpcrypto.io is a scam broker targeting Crypto users.

The supposed Crypto trading and investing platform is among the many shady entities that surfaced on the internet in May 2022.

JP Crypto is adapting the same method of stealing investors’ funds just like FTM Trade, HD Global and many others.

If they’ve scammed you, learn what other users are doing to recover their lost funds.

If you’re looking for a decent broker that you can trust, pick one of them from the table below as we have been using these brokers and investment firms for quite a long time.

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JP Crypto broker Review: jpcrypto.io not legit but a scam

Their marketing material suggest that the broker is giving full access to the Crypto market.

The broker is providing multiple trading accounts as well as trading signals. The minimum deposit is $250 which is the usual amount that most of these offshore brokers require to allow live trading on their platform.

JP Crypto’s website is professionally-designed and the marketing literature is also convincing but clearly designed to persuade the financially naive.

The broker wants to provide you a leverage of up to 1:1000, which is quite high and unrealistic.

In fact, some regulators have even come up with laws which restrict how high this figure can go.

This is because high leverage is like a double-edge sword and if leverage itself is not used properly, it will lead to massive losses in a short time.

This is one of the tricks that scam brokers like jpcrypto.io use in order to encourage losing of funds to them.

The broker is clearly not an ECN or STP meaning that when you trade on the jpcrypto.io, you are competing with the broker instead of the entity routing your trades directly to the market.

As a result, your losses are the profit of JP Crypto and your profits are their losses.

A broker like this cannot allow you to win and so they have to find a smart way to steal your funds.

Other than trading against you, they will also deny your withdrawal requests (if you somehow beat them in their own game).

The broker has refused to disclose details of the company behind it in addition to not revealing their physical address.

They lack transparency which is very critical when it comes to building trust with your broker. This is why we don’t encourage using the services of the broker.

Jpcrypto.io Review: Not a regulated broker

The broker is not discussing their licensing status simply because they are unlicensed and not authorized to provide any kind of financial service.

Due to lack of transparency, one can’t tell for sure where these scammers are based at. Nonetheless, we know that most countries require Forex and Crypto brokers to hold a valid license at all times.

If a broker does not have a license, then it is deemed to be an illegal broker not worth trading with.

Additionally, there is nothing that can stop a decent broker from obtaining a license unless they are a scam.

Reviews of JP Crypto broker

We’ve not seen any traders reviews or comments regarding the broker because they are very new to this marketplace and secondly, they may be serving an older generation of consumers who are somehow not able to utilize the free reviews platform to warn others.

We always like to recommend a broker if it has gained sufficient public attention and feedback.

Based on the feedback, we can award a score and let you know whether or not the broker is worth it.

The Conclusion of this Crypto broker review

Jpcrypto.io is a bogus broker and investment platform that will steal your deposit for sure.

You cannot trust this scam as it is calculating and manipulating with the intention of robbing investors.

We advice you to avoid this broker at all cost. Thanks for reading this review.