KryptoFX is a broker that allows its customers to trade cryptocurrencies. It has its own trading platform, but according to its presentation it will allow you to connect to crypto exchanges.
Should you consider trading with KryptoFX?
We examined KryptoFX and our conclusion is that it is a scam broker.
Check our picture to see that stock photos are presented as picture of real clients, which of course is fraud.
The broker is based in the UK and CFD brokers in the UK need a licence from the Financial Conduct Authority. But KryptoFX has no licence, therefore it is an illegal broker.
But if it is hidden somewhere, it is another dangerous thing, because you would have to provide your API keys, which would effectively give full control over your money on exchanges to KryptoFX.
KryptoFX is a scam and unregulated crypto broker, so we recommend staying away from it.
If you want to trade cryptocurrencies with a broker, start on a free demo with a regulated one.
With regulated brokers your money is insured.