Comprehensive Review of Fluctz

Fluctz is an arbitrage platform that gives access to a few selected cryptocurrency pairs. Among its selling points are the instant execution of orders and the promise of profits via arbitrage. In addition, the dealer offers expert guidance, 24/7 customer support, and the guarantee of safety of clients’ funds. However, despite these claims, it is still a relatively new player in the market, while the majority of the user reviews are either excessively negative or appear to be fake. In this review, we will closely look at whether the company is a valid cryptocurrency arbitrage service or just another scam.

Highlights

Key Trading Features

Fluctz plays a supportive role in facilitating cryptocurrency arbitrage. Arbitrage is the process of buying certain assets on the market at low prices and reselling them at higher prices in another market, enabling users to gain from such disparities in prices. The platform provides and explains in more detail special tools and access to some cryptocurrency pairs.

The project has imposed a minimum trade size of 2,000 USDT, and all trades are settled in USDT stablecoins only. Fluctz claims the trades get filled in the shortest time, with an average processing time of 3.7 minutes. To initiate a trade, the clients need to provide the recipient wallet and then send USDT to a company-generated address.

At the same time, despite such seemingly attractive conditions, there are some questions about the credibility of such partnership. For example, the rates for some crypto pairs look unrealistically low; this looks like some sort of trick to attract more and more funds from uninformed investors into what may turn out to be a scam project. Also, owners do not provide enough transparency about fees and the exact processes involved in arbitrage transactions, which raises even more suspicions about the legitimacy of this platform.

Overview of Available Trading Instruments

Fluctz is working with quite limited trading instruments, as just a few cryptocurrency pairs were chosen for that purpose at their reduced purchase price. BNB/USDT, LTC/USDT, DOGE/USDT, TRX/USDT, SOL/USDT, AVAX/USDT, and XRP/USDT — just a handful are available to their clients.

Things get worse: the prices offered for these assets are invariably 10-15% below current market prices. This is an enormous differential in price that immediately raises suspicion; real-world arbitrage would be between much smaller discrepancies, a few percentage points at most, between various centralized exchanges.

Trading Platform Analysis

Fluctz claims to have a web-based and also a mobile version of its trading platform. The website contains screenshots of the so-called mobile application and links for downloading it. However, there is no such official mobile application in any trustworthy store, and this only means that these are just components of an elementary manipulation scheme.

The only existing variant of the platform is its browser-based terminal. This terminal presents some cryptocurrency pairs with average prices in real time, including data from different exchanges and the price the platform offers above the minimum threshold. Users purchasing the asset are asked to fill out a form indicating the token receipt address and the transaction amount. Accordingly, the system will generate a unique cryptocurrency address to which the user is supposed to transfer a certain amount of USDT.

Additional Services

Meanwhile, Fluctz does not provide much in the way of extra services. No referral system with benefits such as reduced commissions or priority support exists; neither is there any form of bonus program, contests, or events present in great numbers on most other good trading portals and exchanges.

The website brags about 24/7 customer support, claiming to offer consultations on arbitrage and transactions through the live chat function that is present on their website. Unfortunately, this is far from the truth, as in most cases, customer support does not respond to customers even when needed.

Educational resources are scarce, and there is only a one-minute video. This video also appears to serve more as an advertisement for users to invest in assets rather than an educational material with any content for clients. The website also boasts that the safety of the client’s funds is guaranteed, claiming the tokens are directly deposited into the service’s wallet. However, such statements should be taken with a grain of salt as they are not based on anything concrete.

Fee Structure

Fluctz is very secretive about their fee structure. The only known fee is 1 USDT per transaction, charged for the transaction within the respective blockchain. They also cite 0.5% price slippage for the execution of orders. Most exchanges and arbitrage services make their money by charging fees; this is alarming and becomes another huge red flag that means the chances of losing money due to them are very high.

The exact amount charged by the platform is not shown, and there is no information about penalties or extra fees for the transactions.

Legitimacy of Fluctz

Fluctz provides services for buying and selling digital assets and claims to manage multi-million clients’ investments from the European Union, the United Kingdom, and the Middle East. Meanwhile, the platform is not officially regulated by any recognized financial authorities, such as ESMA, MFSA, DFSA, or ISA. What’s more, Fluctz does not follow anti-money laundering regulations and does not verify clients, thus guaranteeing complete anonymity. For this reason, the quality and reliability of the services provided are seriously compromised.

The official website is more of a landing page and does not have links to any legal documents or regulatory information. At the bottom of the homepage, one will not find any necessary details like risk warnings or disclaimers. This website seems like a simple template created to attract investments from uninformed traders in the shortest possible time.

Company History

The founders of Fluctz claim that the platform has a high level of client activity and that thousands of arbitrage transactions have been completed. However, there is no information about the duration of the company’s operations or any dedicated section detailing its history.

Confirmation of these words may be only in the check of domain name registration, which indicates that Fluctz was registered only in the summer of 2024. Reviews and comments point out a short period of operation as one of the reasons for distrust and mention that it is not safe to work with this company.

Conclusion

Fluctz positions itself as an intermediary in the cryptocurrency arbitrage market, using the bait of cheap tokens to lure and deceive unsuspecting investors. The dealer is not licensed by any regulatory agency, and no links to legal documents or social media profiles are provided. Based on these observations, we would strongly discourage anyone from dealing with the company.

Weighing the Pros and Cons

Common Questions