CryptoTrade Forex Broker

CryptoTrade Review SummaryFounded2020Registered Country/RegionCanadaRegulationUnregulatedMarket InstrumentsCryptocurrencies (BTC, XRP, ETC, ETH, ICO projects)Demo Account❌LeverageNot specifiedSpreadNot mentionedTrading PlatformMT4, MT5Min Deposit$500Customer SupportOnline chatPhone (WhatsApp): +1 (786) 8085890Email: support@cryptotrade230.comCryptoTrade 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.Pros and ConsPros Cons Wide range of crypto optionsUnregulatedNo deposit or withdrawal feesHigh minimum deposit ($500)Availability of MT4 and MT5 platformsNo demo or Islamic accountsIs 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. 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.”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.Trading PlatformTrading PlatformSupported Available Devices Suitable for what kind of tradersMT4✔Desktop, Web, MobileAll types of traders, beginners to professionalsMT5✔Desktop, Web, MobileAdvanced traders needing more analytical tools and indicatorsDeposit 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 TimePerfect Money$500None (bank charges may apply)InstantPayeer$500None (bank charges may apply)InstantBitcoin$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