About CryptoAllDay
Who is CryptoAllDay?
CryptoAllDay is a Seychelles-based entity that presents itself as a cryptocurrency investment and trading service. The company behind the brand is Petrasoul Ltd., incorporated on 31 May 2021. Its registered address is Suite 19, First Floor, Eden Plaza, Eden Island, Victoria, PO Box 428, Mahé, Republic of Seychelles.
The broker’s public-facing material suggests it helps retail clients trade crypto-assets with professional guidance, promising high returns. However, details about its team, operational history, or any physical offices remain undisclosed. According to official company records, Petrasoul Ltd. reports zero employees, which raises immediate questions about the substance behind the brand.
Regulatory status
CryptoAllDay does not hold a licence or authorisation from any financial regulator. Searches of the Seychelles Financial Services Authority (FSA) register and major international regulatory databases yield no record of Petrasoul Ltd. being registered for investment, securities, or brokerage activities. The broker’s own website does not display any regulatory badge or registration number.
Operating without a licence means clients have no access to investor compensation schemes, no statutory grounds for complaint resolution, and no independent oversight of the firm’s conduct. In the Seychelles, a simple business registration does not equate to financial regulation, leaving clients exposed to unmitigated counterparty risk.
What the company claims to offer
From its marketing, CryptoAllDay claims to provide cryptocurrency trading services, portfolio management, and investment advice. It targets individuals seeking exposure to digital assets, often promoting the idea of passive income through its managed accounts.
Specifics such as trading platforms, supported cryptocurrencies, account tiers, spreads, or leverage are not transparently disclosed on the broker’s website or in available documentation. This lack of clarity is unusual for a legitimate brokerage and makes it impossible for a prospective client to assess the service proposition objectively.
Deposits and withdrawals
No official information is provided regarding accepted payment methods, minimum deposit, or withdrawal processing times. User complaints—discussed elsewhere on FXCanary—paint a consistent picture of blocked withdrawals and irregular demands for additional fees before funds are released. The absence of clear funding policies is another significant transparency gap.
Who may be targeted by CryptoAllDay
Based on its advertising approach, CryptoAllDay appears to target retail investors new to cryptocurrency, often leveraging social media and telemarketing. The combination of high-return promises, unregulated status, and opaque operations makes it unsuitable for any trader who values capital preservation or regulatory protection. Those considering this broker should proceed with extreme caution, as the available evidence points toward a high-risk, potentially fraudulent setup.
Summary of key concerns
CryptoAllDay operates from a Seychelles shell company with no employees and no financial licence. Its product and fee disclosures are virtually non-existent. Independent user feedback is extremely negative, with multiple allegations of scam behaviour. For anyone researching this broker, the profile strongly suggests a fraudulent scheme rather than a legitimate trading venue.
Overview compiled by FXCanary from regulatory records and public data. full CryptoAllDay review