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Jason Momoa
Jason Momoa
Oct 21, 2024

I invested more than $37k in CAUVOCAPITAL they’re a big scam, and my profits kept increasing and I did not get any profit out of their so called trading platform. But I was able to file a refund case against them and recovered my money back through the help of a recovery expert, I’m glad, I trusted a recovery expert in the person of Mr Rodney Taylor, whose email is (rodneytaylormitchell@gmail.com), with my case, you can as well feel free to reach out to him, if you fall victim of this so called online trading scam with the assistance of the recovery expert, my

whole money was returned back to me.

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Updated on February 16, 2024

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Our Review Method ▲

In our rigorous review process, a team of seasoned financial specialists, boasting more than 20 years of experience in Forex trading, carries out an exhaustive evaluation of various trading services. Our team delves deep into the investigation of fees, assesses the trading platforms, and verifies adherence to regulatory standards. We also interact directly with customer support and conduct actual trades to gain a real-world understanding of the trading conditions. This comprehensive approach enables us to provide informed insights and advice on why we recommend avoiding Crown Finance due to the issues we've identified.


Is Crown Finance Scam or Legit Broker? ▲

Crown Finance has been unequivocally identified as a fraudulent entity. The brokerage has established itself in an offshore jurisdiction, conspicuously lacking any form of legitimate authorization from recognized financial regulatory bodies. Consequently, it is deemed UNSAFE for any trading activities.


The dangers associated with engaging in transactions with offshore brokers cannot be overstated. Despite the allure of seemingly unparalleled trading conditions or environments that these entities may advertise, the absence of regulatory oversight means that traders are solely reliant on the brokerage's assurances. This reliance places traders in a precarious position, exposing them to significant risks without any form of regulatory protection.


  • Registration Location: Crown Finance is incorporated in St. Vincent and the Grenadines, a location known for its lax regulatory environment.

  • Licensing Status: The firm possesses an offshore license, which offers minimal, if any, trader protection.

  • Safety of Trading with Crown Finance: Trading with Crown Finance is not recommended due to its lack of reputable licensure.


It is our strong recommendation that traders steer clear of Crown Finance and, by extension, any broker lacking credible regulatory oversight. The absence of such oversight is a red flag, signaling potential risks that are not worth taking.


What is Crown Finance? ▲

Crown Finance positions itself as a broker specializing in Forex and CFDs, operating under the corporate umbrella of Crown Finance Limited in St. Vincent and the Grenadines. Despite its offshore registration, the company has made attempts to target UK residents by providing a UK address and contact number, all while lacking the authorization to offer its services within the country.


This dubious approach has not gone unnoticed, with Crown Finance finding itself on the receiving end of warnings and blacklists from reputable financial regulatory bodies such as the UK's Financial Conduct Authority (FCA) and Austria's Financial Market Authority (FMA). The FCA has gone as far as to alert the public that Crown Finance has been misappropriating the identity of a regulated and reputable financial firm, further undermining its credibility.


  • Targeting Unauthorized Markets: Despite its offshore status, Crown Finance has made overtures towards UK residents without the necessary regulatory permissions.

  • Regulatory Warnings: Both the FCA in the UK and the FMA in Austria have issued warnings against Crown Finance, highlighting its untrustworthy practices.


Considering these factors, it is clear that Crown Finance operates outside the bounds of regulatory oversight, engaging in practices that are at best questionable and at worst, outright deceptive. Such behavior underscores the need for traders to exercise caution and opt for brokers with legitimate, reputable regulatory credentials.


Conclusion ▲

The investigation into Crown Finance reveals a brokerage that operates with a glaring disregard for regulatory norms and trader safety. Registered offshore without legitimate authorization, Crown Finance embodies the risks associated with trading through entities that lack proper oversight. The absence of affiliation with recognized regulatory bodies, coupled with being blacklisted by reputable authorities like the FCA and FMA, casts a long shadow over the broker's operations.


It is imperative for traders to recognize the importance of regulatory oversight in safeguarding their investments. Trading with unregulated brokers like Crown Finance exposes individuals to unnecessary risks, including the potential loss of capital without recourse to regulatory protection mechanisms such as the Financial Services Compensation Scheme.


In light of these findings, we strongly advise against engaging with Crown Finance or any other offshore-based broker. The stability and security offered by well-regulated brokers cannot be overstated, underlining the necessity of choosing entities that are subject to strict regulatory standards. Traders are encouraged to seek out brokers that are regulated by reputable bodies such as the FCA in the UK or ASIC in Australia, ensuring a trading environment that is not only competitive but, more importantly, safe and reliable.


When considering alternatives, brokers like Interactive Brokers, City Index, and AvaTrade stand out. They not only offer the security of stringent regulation but also bring to the table comprehensive trading solutions that can meet the needs of both novice and seasoned traders.

Crown Finance

IG

Swissquote

Ranking

Is it safe?

Advantages

None

No

Low Fees

Yes

⭐⭐⭐⭐⭐

Education

Yes

⭐⭐⭐⭐⭐

Compare Crown Finance with its peers

Crown Finance

IG

Swissquote

Ranking

Is it safe?

Advantages

None

No

Low Fees

Yes

⭐⭐⭐⭐⭐

Education

Yes

⭐⭐⭐⭐⭐

Compare Crown Finance with its peers

Crown Finance
Blank Image

In a Snapshot

Name: Crown Finance

Website: www.crown-finance.com

Reason to avoid: Offshore license

Date: September 6, 2018

⚠️Caution: Crown Finance operates as an unregulated broker, making it UNSAFE for trading activities.⚠️

Crown Finance Review 2024

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