Below is a comprehensive analysis of CryptoRocket Limited, based on the requested parameters, using available information and critical evaluation. The analysis covers online complaints, risk level assessment, website security, WHOIS lookup, IP and hosting analysis, social media presence, red flags, regulatory status, user precautions, and potential brand confusion. The official website of CryptoRocket Limited is https://www.cryptorocket.com/.

1. Online Complaint Information ¶

Summary: Online complaints about CryptoRocket reveal significant concerns about its operations, particularly regarding withdrawals, transparency, and potential fraud. However, some users report positive experiences, creating a mixed picture.

• Negative Complaints:
• Withdrawal Issues: Numerous users report difficulties withdrawing funds, with delays exceeding the stated 24-hour processing time (some waiting weeks) or funds not being returned at all. One user claimed a withdrawal request was pending for 48 hours, labeling CryptoRocket as a “scam.” Another reported a $300 loss from their account after a month of inactivity.
• Suspected Fraud: Some users allege CryptoRocket manipulates trades, with quotes not matching market rates, high slippage, and spreads reaching 10 points on certain trades. A reviewer described trading on CryptoRocket as “rigged roulette,” suggesting deliberate conditions to cause losses.
• Cessation of Operations: CryptoRocket reportedly ceased operations without explanation or returning client funds, raising suspicions of financial or reputational issues. It was allegedly acquired by LongHornFX, with clients transferred to the new platform.
• Trustpilot Reviews: Negative reviews on Trustpilot describe CryptoRocket as “thieves” who “chase you down to bust,” with one user losing funds from $200 to $10, then rebuilding to $400, only to be “ripped off.”
• Unregulated Status: Complaints frequently highlight the lack of regulation, noting that the absence of oversight from reputable authorities like the FCA or CySEC leaves clients vulnerable to deception.
• Positive Feedback:
• Some users report successful withdrawals, with one claiming a $2,400 withdrawal cleared in three hours. Others praise the platform’s ease of use, 24/7 crypto trading, and responsive customer support.
• A user on Trustpilot, trading for a year, found the platform reliable, with fast transactions and good customer service.
• Critical Evaluation: The volume of negative complaints, particularly about withdrawals and suspected fraud, outweighs positive reviews. The cessation of operations without fund returns is a major red flag. Positive reviews may reflect genuine experiences but could also be outliers or promotional efforts, as some brokers incentivize favorable feedback. The mixed reviews suggest inconsistency in user experience, likely exacerbated by the lack of regulation.

2. Risk Level Assessment ¶

Risk Level: High Factors Contributing to High Risk:

• Unregulated Status: CryptoRocket operates without oversight from reputable financial authorities (e.g., FCA, CySEC, ASIC), meaning no client protections like negative balance protection or compensation funds.
• Withdrawal Issues: Persistent complaints about delayed or denied withdrawals indicate potential liquidity problems or intentional withholding of funds.
• Fraud Allegations: Reports of manipulated quotes, high slippage, and account losses suggest possible market manipulation or platform rigging.
• Cessation of Operations: The sudden closure without refunding clients points to financial instability or intentional exit scam tactics.
• High Leverage: Offering leverage up to 1:500 increases the risk of significant losses, especially for inexperienced traders.
• Lack of Transparency: Limited information about the company’s leadership, financial health, or operational history raises concerns about accountability. Mitigating Factors:
• Some users report successful trading and withdrawals, suggesting the platform functioned adequately for certain clients.
• Security measures like cold storage and 2FA are advertised, potentially reducing risks of hacking. Conclusion: The high risk level stems from the lack of regulation, frequent withdrawal complaints, fraud allegations, and operational cessation. While some users had positive experiences, the severity and consistency of negative reports outweigh these, making CryptoRocket a risky choice for traders.

3. Website Security Tools ¶

Analysis:

• Encryption: CryptoRocket claims to use advanced encryption technology to secure transactions and protect user data.
• Two-Factor Authentication (2FA): The platform employs 2FA (recommending Authy) for withdrawal authorization, adding a layer of security. It also uses user behavior analysis to flag unusual login or transfer patterns.
• Cold Storage: Bitcoin funds are stored in cold storage, reducing the risk of online hacks.
• Firewall and Monitoring: The platform utilizes firewalls and continuous network monitoring to detect suspicious activities.
• SSL Certificate: The website (https://www.cryptorocket.com/) uses HTTPS, indicating an SSL certificate for secure data transmission, a standard practice for trading platforms. Critical Evaluation: The advertised security measures (encryption, 2FA, cold storage) align with industry standards for protecting user funds and data. However, the lack of third-party security audits or certifications (e.g., ISO/IEC 27001) limits verification of these claims. Additionally, user complaints about unauthorized account losses suggest potential vulnerabilities or internal mismanagement, undermining the effectiveness of these tools.

4. WHOIS Lookup ¶

WHOIS Information:

• Domain: cryptorocket.com
• Registrant: CryptoRocket Limited
• Address: First Floor, First St Vincent Bank Building, James Street, Kingstown, St. Vincent and the Grenadines
• Registration Date: Not explicitly provided in the sources, but the domain has been active since at least 2019 based on Trustpilot reviews.
• Registrar: Likely a privacy-protected service, as specific registrant details (e.g., contact names) are not disclosed, which is common for offshore entities.
• Status: The website is no longer operational, redirecting to LHFX.com, indicating the acquisition by LongHornFX or platform closure. Critical Evaluation: The registration in St. Vincent and the Grenadines, an offshore jurisdiction with lax financial regulations, is a red flag, as it’s often chosen by entities seeking to avoid scrutiny. The lack of detailed WHOIS information (e.g., individual contacts) and the website’s redirection to another platform suggest limited transparency and potential operational discontinuity.

5. IP and Hosting Analysis ¶

IP and Hosting Details:

• Hosting Provider: Not explicitly mentioned in the sources, but offshore brokers like CryptoRocket typically use providers like Cloudflare, AWS, or regional hosts in jurisdictions with lenient regulations.
• IP Address: No specific IP address is provided in the sources. However, CryptoRocket’s payment team checks IP records to verify withdrawal requests, indicating some level of IP monitoring.
• Geolocation: Likely hosted in a jurisdiction aligned with its registration (St. Vincent and the Grenadines) or a data center in a nearby region (e.g., Caribbean or North America) for latency optimization.
• Redirection: The website now redirects to LHFX.com, suggesting the hosting infrastructure may have been transferred or repurposed post-acquisition. Critical Evaluation: Without specific IP or hosting data, it’s challenging to assess the robustness of CryptoRocket’s infrastructure. The redirection to LHFX.com indicates a loss of control over the original domain or hosting setup. Offshore hosting, if used, could expose users to risks like data privacy violations or unreliable uptime, especially given the platform’s closure. The IP monitoring for withdrawals is a positive feature but insufficient to offset broader concerns.

6. Social Media Presence ¶

Social Media Accounts (as of 2020):

• Facebook: https://www.facebook.com/CryptorocketFX/
• Twitter: https://twitter.com/cryptorocketcom
• LinkedIn: https://www.linkedin.com/company/cryptorocket-ltd/
• YouTube: https://www.youtube.com/channel/UCMzhqXcCTSikFSpObYAx4SA/
• Instagram: https://www.instagram.com/cryptorocketcom/ Analysis:
• Activity: As of 2020, CryptoRocket maintained active social media profiles, promoting its trading services and engaging with users. However, no recent activity (post-2022) is documented, likely due to the platform’s cessation.
• Content: Social media posts focused on platform features (e.g., high leverage, crypto trading), market updates, and promotional offers. No evidence of deepfake endorsements or exaggerated claims (e.g., “guaranteed returns”) was noted, but promotional content may have overstated platform reliability.
• User Feedback: Social media platforms like Twitter likely hosted user complaints or scam allegations, as seen in forum discussions, but specific posts are not cited.
• Current Status: With the website redirecting to LHFX.com, social media accounts may be inactive or rebranded, reflecting the platform’s closure or acquisition. Critical Evaluation: The social media presence was robust during CryptoRocket’s active years but likely diminished after its closure. The lack of recent activity and potential abandonment of these accounts align with the platform’s operational issues. Social media can amplify scam allegations, and the absence of current engagement suggests CryptoRocket is no longer maintaining its brand.

7. Red Flags and Potential Risk Indicators ¶

Red Flags:

• Unregulated Status: No licensing from reputable regulators (FCA, CySEC, etc.), increasing the risk of fraud and lack of client protections.
• Offshore Registration: Based in St. Vincent and the Grenadines, a jurisdiction with minimal regulatory oversight, often used by questionable brokers.
• Withdrawal Delays/Denials: Persistent complaints about delayed or denied withdrawals, with some users unable to recover funds.
• Cessation of Operations: Sudden closure without refunding clients, potentially indicating an exit scam or financial collapse.
• High Leverage: Up to 1:500 leverage, which is risky for retail traders and often used to attract inexperienced users.
• Brand Confusion: CryptoRocket warned about a scam site (cryptorocketfxtrade.com) mimicking its brand, indicating potential for impersonation and fraud.
• Manipulated Quotes: Allegations that terminal quotes do not match market rates, suggesting platform rigging.
• Lack of Transparency: No clear information about the company’s leadership, financial status, or acquisition details by LongHornFX. Potential Risk Indicators:
• High Spreads/Slippage: Users report spreads up to 10 points and frequent slippage, which can erode profits and suggest poor liquidity or manipulation.
• No KYC/AML Compliance: The absence of standard KYC processes, typical for unregulated brokers, raises concerns about anti-money laundering compliance.
• User Losses: Reports of unexplained account losses (e.g., $300 missing after inactivity) indicate potential security breaches or internal fraud.
• Redirected Website: The redirection to LHFX.com without clear communication suggests operational instability or rebranding to evade scrutiny.
• Mixed Reviews: Discrepancies between positive and negative user experiences may indicate selective service quality or manipulated reviews. Critical Evaluation: The red flags are severe, particularly the lack of regulation, withdrawal issues, and sudden closure. These align with characteristics of fraudulent brokers, as outlined by the SEC and CFTC (e.g., unregistered entities, withdrawal problems). The brand confusion with cryptorocketfxtrade.com further heightens risks, as impostor sites can exploit CryptoRocket’s reputation.

8. Website Content Analysis ¶

Content Overview (based on archived data from cryptorocket.com):

• Platform Features: Emphasizes trading in forex, cryptocurrencies, stocks, indices, and CFDs with up to 1:500 leverage. Highlights MetaTrader 4 integration, fast execution, and no deposit/withdrawal fees.
• Security Claims: Advertises cold storage, 2FA, encryption, and user behavior analysis to protect funds.
• Support: Offers 24/7 customer support via live chat, email, and phone callbacks.
• Risk Warnings: Includes standard disclaimers about the risks of forex and CFD trading, noting that leverage can lead to significant losses. Advises users to assess their risk tolerance and seek independent advice.
• Privacy Policy: Collects personal information for account management and marketing, claiming compliance with St. Vincent and the Grenadines’ data protection laws. Critical Evaluation:
• Positive Aspects: The website provides clear information about trading instruments, leverage, and support options, which is typical for brokers. Risk warnings comply with industry standards, acknowledging the speculative nature of trading.
• Concerns: The emphasis on high leverage (1:500) and crypto trading may attract inexperienced traders unaware of the risks. The privacy policy’s reliance on St. Vincent and the Grenadines’ laws, which are less stringent than EU or US regulations, raises concerns about data security. The redirection to LHFX.com invalidates much of the original content, as it’s no longer accessible.
• Exaggeration: Claims of “unrivalled trading conditions” and “ultra-tight spreads” are contradicted by user reports of high spreads and slippage, suggesting misleading marketing.

9. Regulatory Status ¶

Status: Unregulated Details:

• CryptoRocket is registered in St. Vincent and the Grenadines, which does not require forex or crypto brokers to obtain licenses from reputable regulators like the FCA, CySEC, or ASIC.
• No evidence of registration with any financial authority, leaving clients without protections like segregated accounts (despite claims), negative balance protection, or compensation schemes.
• The lack of KYC/AML compliance, inferred from user reports and the offshore registration, suggests non-adherence to anti-money laundering standards. Critical Evaluation: The unregulated status is a critical risk factor, as it eliminates oversight and accountability. St. Vincent and the Grenadines is a common choice for brokers seeking to bypass stringent regulations, often correlating with higher fraud risks. The absence of regulatory licenses disqualifies CryptoRocket from being a trustworthy broker, as noted in user reviews.

10. User Precautions ¶

Recommended Precautions:

1. Avoid Trading: Given the platform’s closure, unregulated status, and numerous complaints, users should avoid engaging with CryptoRocket or its successor (LHFX.com) until its legitimacy is verified.
2. Research LongHornFX: If considering LHFX.com, investigate its regulatory status, user reviews, and operational history. Verify whether it honors CryptoRocket’s client obligations.
3. Use Demo Accounts: If CryptoRocket or a similar platform is still accessible, test it with a demo account to assess functionality without risking real funds.
4. Enable 2FA: If trading on any platform, activate 2FA and use secure wallets for crypto transactions to minimize hacking risks.
5. Monitor Withdrawals: Regularly attempt small withdrawals to test processing times and reliability before committing significant funds.
6. Check Regulatory Status: Only trade with brokers regulated by reputable authorities (e.g., FCA, CySEC) to ensure client protections.
7. Beware of Impostors: Verify the website URL (avoid sites like cryptorocketfxtrade.com) and contact official support channels to confirm authenticity.
8. Consult Professionals: Seek advice from financial advisors before trading on high-leverage or unregulated platforms.
9. Report Scams: If funds are lost, report to authorities like the SEC, CFTC, or local regulators and consider recovery services (though success is not guaranteed).
10. Review Forums: Check platforms like Forex Peace Army, Trustpilot, or Reddit for recent user experiences to gauge reliability. Critical Evaluation: These precautions are essential given CryptoRocket’s high-risk profile. Users must prioritize regulated brokers and exercise extreme caution with offshore platforms, especially those with a history of complaints and closure.

11. Potential Brand Confusion ¶

Brand Confusion Issues:

• Impostor Site: CryptoRocket explicitly warned about cryptorocketfxtrade.com, a scam site mimicking its brand to deceive users. This site reportedly offered trading managers, charged withdrawal fees, and allowed account upgrades, none of which CryptoRocket provided.
• Similar Names: The similarity between CryptoRocket and other crypto-related platforms (e.g., Crypto.com, RocketX) could confuse users, especially given the crowded crypto trading space.
• Redirection to LHFX: The redirection of cryptorocket.com to LHFX.com may confuse users expecting CryptoRocket’s services, potentially leading to engagement with an unverified platform.
• Social Media Risks: Inactive or repurposed social media accounts could be exploited by scammers to impersonate CryptoRocket, further muddying brand identity. Critical Evaluation: Brand confusion is a significant risk, exacerbated by the impostor site and the redirection to LHFX.com. CryptoRocket’s warning about cryptorocketfxtrade.com shows awareness of the issue, but its closure and lack of ongoing brand management leave users vulnerable to scams leveraging its name. The SEC and CFTC note that impostor websites are a common tactic among fraudulent brokers, aligning with CryptoRocket’s experience.

12. Overall Conclusion ¶

CryptoRocket Limited presents a high-risk profile due to its unregulated status, numerous user complaints about withdrawals and fraud, sudden cessation of operations, and offshore registration in St. Vincent and the Grenadines. While it advertised robust security measures (2FA, cold storage, encryption) and received some positive user feedback, the severity of negative reports—particularly regarding fund losses and platform closure—outweighs these. The redirection to LHFX.com and the presence of an impostor site (cryptorocketfxtrade.com) further complicate its legitimacy, increasing the risk of brand confusion and scams. Recommendation: Avoid CryptoRocket and its associated platforms (including LHFX.com) until their regulatory status and operational integrity are clarified. Traders should prioritize regulated brokers with transparent operations and strong user protections. If funds were lost, report to relevant authorities and explore recovery options, though success is uncertain. Always conduct thorough due diligence, use demo accounts, and consult financial advisors before engaging with any trading platform. Sources: The analysis draws on multiple web sources, including NewsBTC, TradersUnion, Trustpilot, Forex Peace Army, TheFXGeek, and CryptoRocket’s own website, critically evaluated for reliability and relevance.

This analysis is provided for informational purposes and does not constitute financial advice. Trading involves significant risks, and users should conduct their own research and consult professionals before making investment decisions.