CryptoSTADT Review | A "Firm for People" or Scam?

by Kevin Berry
  1.2/5   Reviews: 4
CryptoSTADT - logo

A lesser-known company, but already with positive reviews online, CryptoSTADT offers brokerage services as well as investment opportunities. The firm shares intriguing details about itself, such as its founding in 1994. However, it only began focusing on retail traders in 2016, when its turnover reached 165 million dollars. Despite this, the broker refers to itself as a “firm for people.” Yet, many aspects of its operations are omitted: licenses, business models, and legal documents. All of this appears highly suspicious, so our task is to thoroughly examine the organization and determine whether it’s a scam or not.


🏛️ Country St. Vincent and the Grenadines
⚠️ Regulation
🖥️ Website cryptostadt.co
🎲 Demo Account Yes
⏳ Start Time 2023
💲 Minimum Deposit $250
⚖️ Minimum and Maximum Leverage
⚙️ Trading Platform WebTrader
📨 E-mail support@cryptostadt.co
📞 Phone

First Impression of Cryptostadt.co

CryptoSTADT’s official website hardly stands out from myriad other brokerage sites, as they all seem to follow a similar template. At the top of the page, you can find standard sections with information about trading conditions, the company’s operations, and the platform, as well as contacts and some legal documents, such as the user agreement, AML & KYC policies, and others. The main page essentially describes the same things but in a more concise manner. At the footer, there’s a small risk warning.

CryptoSTADT - site

The quality of CryptoSTADT’s official website is subpar. It lacks depth, more details, and specificity. Many terms and benefits are described superficially, without concrete information or evidence. Assurances of reliability are provided, both for funds and personal client information, but how they ensure this is not mentioned. Additionally, the site lacks proper graphic design and layout. While the main page has some images and a semblance of design, the other sections are devoid of it, featuring just plain black text on a white background.

Partnership and Bonuses

CryptoSTADT offers clients an affiliate program. However, information about it can only be found when creating an account, as there’s a field labeled “promo code”. The terms of the affiliate program are not described anywhere. The broker also provides bonus promotions. These bonuses are granted under specific conditions: a trader must achieve a turnover equal to half the bonus amount. For instance, if a user receives a $500 bonus, they need to achieve a turnover of 250 lots before they can withdraw these funds. The terms, to put it mildly, are not very favorable.

Account Opening on Cryptostadt.co

Account registration involves providing a name, contact details, password, and a promo code if available. Additionally, one must agree to CryptoSTADT’s terms and promotions. It’s concerning that there’s no requirement to verify the provided email and phone number, creating potential security vulnerabilities for the account.


After registering with CryptoSTADT, users also need to supplement their personal information with their date of birth and residential address. Traders can then test the service with virtual money using a demo account.

The trading platform is either integrated into the personal cabinet or vice versa, with the personal cabinet embedded within the trading platform. Either way, it’s highly inconvenient. It would be more comfortable and user-friendly to have a dashboard separate from the terminal. Through the personal account, users can modify their details, open new accounts, upload documents for KYC, view transaction history, deposit funds, and request withdrawals. Overall, CryptoSTADT offers a rather basic solution.


The broker adheres to the AML & KYC policy. There’s a separate document dedicated to this on the website. CryptoSTADT requires certain documents, which can be uploaded through the account or sent to the support team’s email:

  • A copy of your valid passport with the signature page.
  • Copies of your credit cards used to make the deposit (Front side with only the 4 last digits visible, back side with the CVV covered).
  • A copy of a recent utility bill in your name and address.
  • A signed purchase history of your online transactions.
  • None.
  • Requires you to take a picture of your bank card.

Trading Software

The broker’s trading platform is extremely basic and simple. On the one hand, it is a plus for beginners, as it’s easy to understand the interface and functionality. On the other hand, such software is definitely not suitable for serious trading. CryptoSTADT offers Webtrader, which operates through any browser. The platform can also be downloaded to a computer, but we didn’t risk doing so due to the potential threat of downloading a harmful virus.


We’ve already mentioned that the terminal is integrated into the personal cabinet, which is highly inconvenient. An added discomfort is the absence of a separate mobile application for Android/iOS. However, CryptoSTADT’s terminal allows for basic technical analysis using horizontal and vertical levels, slanted lines, and other graphic elements. There are also indicators, several types of charts, various timeframes, and stop-loss/take-profit orders.

Overall, the terminal is significantly limited in its capabilities. It’s unclear why more user-friendly and professional alternatives are missing. Such software is not suitable for serious and profitable trading.

Features CryptoSTADT Signet Capital Kowela
Demo Account ✔️
Mobile App ✔️
Own Development

How Can I Trade With CryptoSTADT

We’re looking at a CFD broker that operates on the principle of “pay more to get more.” Such an approach is often seen with fraudulent organizations. Will CryptoSTADT be an exception? It’s doubtful. Let’s examine the types of accounts the firm offers its clients.

All Info About Accounts

The company has 7 different account types. The plans differ in the minimum threshold for activation and the range of additional services. For instance, the first account type at CryptoSTADT requires a minimum deposit of $250 and includes a limited list of tradable assets, along with 3 trading and educational sessions with a senior analyst. That seems quite sparse. The second account type requires $5,001, which raises suspicions when compared to the first plan. A difference of $4,750 is quite substantial. Yet, the distinctions are minimal, as holders of the second account type only receive 3 VIP signals, 10 sessions with an analyst, and the first withdrawal for free.

Account types

The third account type starts at $15,000. With this, the number of sessions is unlimited, the list of assets is broader, and 5 withdrawals are made free of charge. Is there any point in considering the remaining 4 plans, given that the deposit requirements are simply astronomical and unimaginable? Who would be willing to invest $100,000 or more in CryptoSTADT, an unknown company without a reputation?

As with any other brokerage scam, there’s a high minimum deposit, no Islamic account, and a blatant extortion of money. Those who can only afford the first plan, which is most clients, get nothing. All the perks and privileges are granted with a deposit of several thousand dollars. Meanwhile, crucial parameters, such as commissions and spread sizes, aren’t even specified.

  • None.
  • High minimum deposit.
  • No Islamic account.
  • Important conditions are hidden.

Market Analysis and Education With Cryptostadt.co

The firm offers a range of additional accounts focused on investments. They are called “Saving Accounts”. These involve investments in a diversified portfolio of assets, collaboration with other traders to achieve a common goal (Hedge Fund Savings), and a personal banker account, where a monthly return of 5-25% is promised, with a minimum term starting from 3 months. CryptoSTADT also features a table with online quotes.

Deposit, Withdrawal, and Fees

When attempting to find deposit methods in the personal account, the system displays “Deposit is currently unavailable. Your account manager will contact you shortly”. A separate section dedicated to deposits and withdrawals is missing on the website. Judging by the fact that CryptoSTADT requires a photo of a bank card, at least one method of money transfer can be identified – that is credit/debit cards. Whether cryptocurrencies and e-wallets are supported remains unknown. Commissions are also not specified, but it’s certain that when withdrawing funds, clients will have to pay some fee, and the processing time for withdrawal requests is up to 3 working days.

Features CryptoSTADT FxPro IC Markets
Debit/Credit Cards ✔️ ✔️ ✔️
Electronic Payments ✔️ ✔️
Crypto Transfers
Deposit Fee
Withdrawal Fee ✔️ ✔️

How Can I Contact It?

To communicate with CryptoSTADT’s managers, there’s only an email option available. It is a significant drawback, as there should also be a phone number, live chat, and social media accounts.

  • None.
  • There is only mail, there are no other ways of communication.

Is CryptoSTADT Dangerous?

Undoubtedly, the broker appears suspicious and risky. Why? At the very least, its lack of transparency and secrecy regarding both trading conditions and its operations raises concerns. Would a verified and honest intermediary operate this way? Certainly not. Next, we’ll look into when the platform was launched and whether the company holds any licenses. After that, we can conclude.

How Long Does The Broker Work

The organization reveals intriguing dates in its history: 1994 and 2016. However, it’s unlikely that this is true, as there are too few mentions of CryptoSTADT online, which clearly contradicts the claimed extensive period of operation. In reality, the broker began operations in August 2023, as that’s when its website was created.


How Is CryptoSTADT Regulated?

The legal address is not provided on the website. By the way, it is another significant drawback, as any honest company would surely provide the addresses of its offices and registrations. However, we found a mention of the offshore jurisdiction of Saint Vincent and the Grenadines in the user agreement, so it’s necessary to check the SVGFSA registry for CryptoSTADT’s presence. Alas, our suspected fraudster wasn’t listed there, meaning the organization operates entirely unlawfully.


Features CryptoSTADT Oanda Vantage Markets
European Zone ✔️ ✔️
Asian Zone
American Zone
African Zone
Offshore ✔️ ✔️

Frequently Asked Questions (FAQ)

How to Trade With CryptoSTADT?

To start, one needs to register an account by providing personal details. Then, it's essential to contact a manager, as neither verification nor depositing funds is possible without doing so. One can also try the service with a free demo account.

Is CryptoSTADT Legit?

The company operates illegally, as there are no licenses whatsoever. Moreover, the firm doesn't even provide its legal address.

How Risky Is It?

One shouldn't trade with brokers like CryptoSTADT, as they are illegal entities. Such firms are guaranteed to be scams, so trading here carries a 100% risk of losing money.
Kevin Berry
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Expert Opinion

Absolutely no guarantees! Where’s the license, the legal documents, and the registration address? Is this a legitimate and verified broker? What we have before us is a classic scam project, which was created recently with the intent to lure trusting traders with money and then rob them blind. CryptoSTADT is a prime example of where one should definitely not trade. If you come across a similar site and see such red flags, don’t even create an account. It’s pointless. Any investments made here will be lost, as anonymous scammers won’t return anything.

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CryptoSTADT rating

The level of trust
Quick withdrawal of funds
Efficiency of technical support
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The level of trust
Quick withdrawal of funds
Efficiency of technical support

4 reviews about CryptoSTADT

John September 27, 2023 - 18:21
How do I get my money back?
Efficiency of technical support

I also can’t withdraw my money. I believed the tales online that Cryptostadt is a safe trading platform. I thought I’d be earning, but in the end, I only lost. Is there any way to retrieve money from a scam and fake broker?

Masson19 October 3, 2023 - 00:11
Some bullshit, not a broker.
The level of trust

100% scammers and criminals. They even buy reviews about themselves. There are fake positive reviews on Google. And their nonsense about having a long operating history is just laughable. How do people fall for this?

Note October 6, 2023 - 15:01
Checked. It's a scam.
The level of trust
Quick withdrawal of funds
Efficiency of technical support

Cryptostadt is a confirmed scambroker. I personally deposited $300 into the account, and now I can’t retrieve it. For me, it’s a small amount, so I’m not too upset. But now I can write everywhere and confirm that it’s a fraud scheme where withdrawals don’t work. So, be cautious. Don’t even think about investing here. Just look for another firm and steer clear of this one.

Eshley Cooper October 9, 2023 - 11:37
You can't cooperate with such scambrokers
The level of trust
Quick withdrawal of funds

Of course, one shouldn’t collaborate with dirty offshore brokerage traps. And CryptoSTADT is precisely that. It’s an illegal organization engaged in unlawful activities. In short, they are scammers who’ve created a fake trading platform and invented fake benefits and advantages to swindle people out of their money.
One should work with verified brokers who provide all information about themselves, as well as licenses, legal documents, evidence, insurances, and other guarantees. CryptoSTADT has none of these. Do you understand?


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