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CryptoTrade Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-11-04 13:42

Abstract:In 2020, Canada-based CryptoTrade began offering bitcoin investments without regulation. The website lets users trade major cryptocurrencies and invest in ICOs without financial platform restrictions.

CryptoTrade Review Summary
Founded2020
Registered Country/RegionCanada
RegulationUnregulated
Market InstrumentsCryptocurrencies (BTC, XRP, ETC, ETH, ICO projects)
Demo Account❌
LeverageNot specified
SpreadNot mentioned
Trading PlatformMT4, MT5
Min Deposit$500
Customer SupportOnline chat
Phone (WhatsApp): +1 (786) 8085890
Email: support@cryptotrade230.com

CryptoTrade Information

  In 2020, Canada-based CryptoTrade began offering bitcoin investments without regulation. The website lets users trade major cryptocurrencies and invest in ICOs without financial platform restrictions.

CryptoTrade Information

Pros and Cons

Pros Cons
Wide range of crypto optionsUnregulated
No deposit or withdrawal feesHigh minimum deposit ($500)
Availability of MT4 and MT5 platformsNo demo or Islamic accounts

Is CryptoTrade Legit?

  CryptoTrade is unlicensed by any financial regulatory organisation. The platform's lack of regulation suggests that users may not have the same protections as licenced and regulated brokers.

Is CryptoTrade Legit?

  NameCheap, Inc. registered cryptotrade230.com on August 19, 2020, according to WHOIS. The domain expires on August 19, 2025, and was updated on August 19, 2024. Domain status is “clientTransferProhibited.”

Is CryptoTrade Legit?

What Can I Trade on CryptoTrade?

  CryptoTrade invests only in cryptocurrencies. Users can trade BTC, XRP, ETC, and ETH and invest in new ICO projects on the platform.

Tradable Instruments Supported
Forex❌
Commodities❌
Crypto✔
CFD❌
Indexes❌
Stock❌
ETF❌

Account Types

  CryptoTrade offers Basic, Silver, Premium, and Exclusive live investment accounts. Minimum investments range from $3,000 for the Basic plan to $100,000 or more for the Exclusive plan. The investment capability of the plans depends on investors' capital and risk attitude. CryptoTrade does not provide demo or Islamic accounts, suggesting it targets investors ready to invest and trade.

Account Types

Trading Platform

Trading PlatformSupported Available Devices Suitable for what kind of traders
MT4✔Desktop, Web, MobileAll types of traders, beginners to professionals
MT5✔Desktop, Web, MobileAdvanced traders needing more analytical tools and indicators

Deposit and Withdrawal

  CryptoTrade LTD does not charge deposit or withdrawal fees. It lets traders select from a range of payment choices including electronic payment methods, bitcoin, and main credit cards. The minimum deposit amount is $500.

OptionsMin. AmountFeesProcessing Time
Perfect Money$500None (bank charges may apply)Instant
Payeer$500None (bank charges may apply)Instant
Bitcoin$500NoneUp to 30 minutes (network confirmation)
Bitcoin Cash$500NoneUp to 30 minutes (network confirmation)
Litecoin$500NoneUp to 30 minutes (network confirmation)
Dash$500NoneUp to 30 minutes (network confirmation)
Ethereum$500NoneUp to 30 minutes (network confirmation)
Visa/Mastercard$500NoneInstant
Deposit and Withdrawal

  

Related broker

No Regulation
CryptoTrade
Company name:CryptoTrade LTD
Score
1.30
Website:https://www.cryptotrade230.com
2-5 years | Suspicious Regulatory License | Suspicious biz area | High potential risk
Score
1.30

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