Crypto Zoid is an online platform claiming to provide CFD trading services for forex, stocks, indices, precious metals, commodities, and cryptocurrencies. According to its website, the platform is operated by Crypto Zoid Pty Ltd and touts itself as "The World's Leading Funded Trader Program provider."
The website claims the company was founded in 2006, but the domain registration information reveals the true founding date: the official domain cryptozoid.org was registered on August 8, 2023, and acquired by Crypto Zoid for use as its website on September 22, 2024. This information directly exposes the false historical claims.
Services and Features Offered by the Platform
Trading Software
The platform's official site states it uses MetaTrader 4 (MT4) and MetaTrader 5 (MT5) as its trading software. However, despite these claims, third-party investigations show that Crypto Zoid Pty Ltd cannot be found in any server lists of MT4 and MT5, which undoubtedly raises doubts about the platform's authenticity.
Account Types
The platform offers GO Plus+ and standard accounts, but the website does not clearly state the leverage, trading commissions, or other vital details for these accounts. Notably, the price spread details are directly copied from the broker GO Markets' website, further casting doubt on its professionalism.
Deposit and Withdrawal Methods
According to the website, the platform supports deposits and withdrawals through Mastercard, Visa, Skrill, Neteller, Bank/Wire Transfer, and Fasapay. However, these claims have yet to be validated by user feedback, and their feasibility remains highly uncertain.
Educational Resources and Broker Policies
Educational Resources
The website lists various educational resources, including Forex introductory courses, podcasts, webinars, trading strategies, and psychology articles, as well as MT4 and MT5 tutorials. In reality, these contents have been proven to be completely copied from GO Markets' website, showing no originality or added value.
Broker Policies
The platform claims to offer two broker policies: White Label partnership and referral programs.
White Label Partnership
The platform asserts to provide partners with customized MT4 and MT5 trading platforms, marketing support, and risk control services. Although this sounds comprehensive, in fact, it is entirely copied from GO Markets' website, with no actual partnership cases for support.
Referral Program
The platform states that its referral program can provide referrers with commissions, flexible cooperation terms, and various marketing tools. However, the exaggerated claim of "15 years of industry experience" is wholly inconsistent with the reality of its founding date.
Company Address and Registration Information
False Address
The address provided on the official website, “39 High Street, Orpington, United Kingdom, BR6 0JE,” does not correspond to Crypto Zoid among the 54 active companies registered there. As for the address in Mauritius, “Level 7 Office 12, ICONEBENE Lot B441, Rue de L’Institut, Ebene, Mauritius,” it is directly taken from GO Markets' registration info without any adaptation.
False Regulatory Information
The platform claims to be regulated by the Mauritius Financial Services Commission (FSC) under registration number 170969, and holds a regulatory license GB19024896. However, investigations show that these registration and regulatory numbers actually belong to GO Markets Pty Ltd, not Crypto Zoid Pty Ltd. The platform has been unable to provide any actual regulatory evidence, thus its regulatory credibility is nearly non-existent.
Brand Exposure and Online Reputation
Traffic and User Reviews
According to data from Semrush, the Crypto Zoid website receives less than 100 visits per month, indicating very low user activity. Moreover, there are hardly any user reviews related to this platform found on public networks, and this lack of information increases its untrustworthiness.
Template-Based Design
Crypto Zoid's website design is very similar to several already exposed fraudulent platforms (such as Adepts Group, Smart Growth Assets, etc.). These platforms all utilize the same template for mass production, further raising doubts about the platform's genuine background.
Contact Information and Social Media
The official website only offers email contacts ([email protected] and [email protected]) and an online contact form. More puzzling is that as an "international trading platform," Crypto Zoid has not set up any social media accounts (such as LinkedIn, Facebook, Twitter), which is very uncommon in the industry and does not align with the regular operations of a forex broker.
Risk Summary Report
- False Advertising: Falsified establishment dates and operating background to mislead investors.
- Information Theft: Stolen registration information, regulatory licenses, and addresses, casting doubt on authenticity.
- Lack of Regulation: Not regulated by any official authorities, making investor funds' safety unguaranteed.
- Low User Engagement: Website receives less than 100 visits per month, indicating an barely existent user base.
- High Scam Risk: Educational resources and broker policies confirmed to be plagiarized, and the template-based site design aligns closely with scam platform traits.
Recommendation: Investors should steer clear of Crypto Zoid, opting instead for trading platforms with robust regulatory credentials and reputations to avoid financial losses and unnecessary risks.