Fast Facts
Contact Info and Support
Traffic information
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About First Rate Crypto
First Rate Crypto operates via the domain firstratecrypto.com and claims Indonesian registration at Satrio Tower, 16th Floor, Jl. Prof Dr Satrio, Kuningan, Jakarta, Indonesia (). The UK Financial Conduct Authority issued a warning on 16 September 2022 stating that First Rate Crypto is not authorized to provide financial services in the UK; the firm is classified as an unauthorized entity, and UK customers would not be eligible for FSCS compensation or ombudsman recourse ().
No regulatory licenses have been found for First Rate Crypto in Indonesia (BAPPEBTI) or elsewhere, and the firm is unregulated. Investigations indicate the broker solicits a minimum deposit of $200 and promises unrealistic returns of 60–80 % daily, characteristics typically associated with high-yield investment programs (HYIPs) of a fraudulent nature ().
Pros and cons
Pros
- No verified facts supporting regulatory compliance or credible operational infrastructure.
Cons
- Not regulated by any recognized authority; unauthorized in the UK per FCA warning dated 16 September 2022 ().
- Promises excessive daily returns (60–80 %), inconsistent with legitimate investment practices ().
- Minimum deposit requirement of $200, with no access to regulated trading platforms or proof of segregated client funds ().













