26.9 C
Singapore
Home Blog

FX-Open Review

Trading crypto in the Forex market has become a piece of cake as FX-Open brings you the solution to this seemingly intricate process. It offers a variety of trading assets, including cryptocurrencies like Bitcoin and LiteCoin. The site uses top liquidity providers for liquidity aggregation and cushions you from risks while guaranteeing returns. This article offers the nitty-gritty of the FX-Open crypto Forex trading mechanisms and justifies the verdict why it’s the ideal platform for you.

FX-Open: What Is It?

FX-Open is a Forex trading broker offering services as a counter agent for traders. It’s headquartered in Perth, Australia, and was founded in 2003 as a financial education center. It fast-tracked its growth to becoming a proficient Forex broker, now allowing trading for crypto. You can trade in the stock markets using the popular Bitcoin and the more stable Etherium and LiteCoins CFDs in exchange for fiat currency or vice versa.

Is FX-Open Open to Everyone?

FX-Open is open to everyone who wants to trade online in the Forex market. It’s an ideal Forex broker for all levels of expertise, including beginners and experts. Novices can use the demo accounts offering real-time gains using virtual money as they figure out their way around using the site. Nonetheless, you need at least $1 to open a live account on FX-Open https://www.fxopen.com/en/forex-crypto-account/ and an equivalent of Bitcoin, LiteCoin, or Ethereum. It’s a simple interface site with no intricate or confusing details and is available in numerous countries.

The site allows trading across web platforms, including TickTrader and Metatrader4/MetaTrader5. These platforms are accessible for crypto trading without requiring you to download them on your PC or Mac OS. They offer one-click crypto trading with reliable data protection and are compatible with all operating systems and browsers. You, however, only need a reliable internet connection to start trading. The site also provides information on contract specifications if you’re willing to trade crypto.

Fees and Accounts

FX-Open allows all users to open accounts of five types, including micro accounts, STP Trading accounts, and ECN accounts for fiat currency. However, those willing to go with crypto can open the Crypto and Crypto 10 trading accounts. The former offers leverage of 1:3 with 0.5 half turn commissions on every $10 deposit. Similarly, Crypto 10 trading accounts allow $10 deposits with a 0.25% half-turn commissions and leverages of 1:10. Keep in mind that FX-Open doesn’t change any account fees.

Note that FX-Open only charges fees for positions held longer than the trading day. Crypto accounts are subjected to swaps reaching 10%. That is a similar case to Islamic accounts, which gets a swap rate similar to the rates of particular currency pairs, including crypto. There are no deposit fees, but each withdrawal has a varied percentage rate of amounts withdrawn.

FX-Open Security and Protection

FX-Open is a secure platform with an SSL certificate and tough firewalls. Therefore, you don’t risk data theft or encounter malicious links that can compromise your online activity. Most FX-Open reviews online also attest to the site’s top-notch defenses, with an approval rating of 8/10. Besides, it’s highly regulated in the countries of operation and operates under stringent regulations, and there’s no way your investments will go down the drain.

Client Support

FX-Open is open for consultations and customer support 24/5 through email and telephone, but trading is available on end. Therefore, lodging complaints or information on accounts and deposits is available in a hand stretch. The site offers a live chat in three universal languages, but an ideal way of reaching them is through their email, sales@fxopen.com. You can still submit a ticket through their contact support page if you have any complaints.

Requirements for Opening an FX-Open Account

Since FX-Open is a highly regulated site by financial bodies, using it in specific countries may require a pass on basic compliance checks. Although some requirements won’t be necessary, it’s good to have you’re a three-month utility bill or bank statement and a national ID number, passport, or driving license.

FX-Open Crypto Trading Pros

  • Secure and regulated by financial authorities, hence, there’s no chance of losing your investments
  • Lower commission charges and favorable leverages
  • A demo account to wrap your head around Forex trading

FX-Open Crypto Trading Cons

  • There are no available resources for beginners, but it may be easier to navigate its simple user interface
  • Inactivity fees

Conclusion

Trading crypto is the contemporary way of making profits on the Forex market. However, choosing the best broker like FX-Open will guarantee you the best returns on investment. Hopefully, this review article will help you start with crypto trading on the Forex markets.

Traders Trust Review

Traders Trust is a forex broker offering trading in Crypto Currency & FX

There are a million and one cryptocurrency brokers in the market today. Some are legit, and some are just money traps that frustrate unknowing traders.

If you want to make money and avoid losses, you need to know the ins and outs of the broker you want to invest with. And today, we take you through TTCM Traders Trust Capital Markets Ltd.

The Cyprus-based company operates under the Cyprus Securities and Exchange Commission, CySEC, and in Bermuda as an offshore entity.

About TTCM

Traders Trust Capital Markets Ltd, a forex broker offering online trading in currency pairs, operates as Traders Trust. You can trade Pound for Yen, Ether for USD, or the Euro for Japanese Yen.

Although Traders Trust does not have the tightest restrictions, owing to be lenient CySEC regulations, it is popular in Europe. Traders have no cap on their leverage and can trade with no ban on their hedging.

I know what you are thinking. Hedge funds and offshore accounts, right? Traders Trust has a license to operate in the forex trading industry. It provides its services to people from across the world.

If you are worried about the company’s stability, then the 1,000,000 Euros given as security to the CySEC as evidence of financial stability should get you going.

How do you trade with Traders Trust?

To make a forex trade on Traders Trust, you must have a minimum deposit. Usually, that is $50, and you will be good to go.

Once you have a deposit, you can choose a spread. A spread is a difference between the bid and the ask in a situation where the sale of one asset happens at the same time as the purchase of another, with a forward contract.

Next, you select your leverage. Like most Cyprus-based forex brokers, you can get relatively high leverages on Traders Trust . However, be careful when selecting your leverage levels. The higher the leverage, the higher the risk of losing your initial investment.

Types of Accounts at Traders Trust

Traders Trust is home to people from all walks of life. They ensure that they provide an account suitable for every group of users within their community.

So, when you join in after your practice with the demo account, you can choose one of their three types of accounts.

1. MAM Account

If you are a financial manager, you can help your clients trade on Traders Trust by opening a MAM account. The Multi-Account Manager runs the accounts and executes trading strategies on behalf of his clients.

With a MAM account, you can use features available on the MT4 platform to mimic your client’s accounts. So, if you want seamless features to help you achieve your professional goals, then a MAM account is what you need.

The MAM account accepts deposits and withdrawals at any time. It also charges its clients depending on their investment philosophy. Above all, you can choose a trade-up calculator, such as the high-water mark, to increase your chances of making successful investments.

2. Islamic Account

The Islamic trading account complies with the Halal trading practices in Islam. The support team comprises people who firmly believe in and follow the Quran.

So, if you wish to invest without feeling like you are compromising your religious beliefs, you can try the Islamic account.

3. A Trading Account

There are various trading accounts available to users on Traders Trust. These include:

a. A classic Account

Although the classic trading account offers 0 commission to users, it also provides no trading restrictions at the low cost of a $50 minimum deposit. With the classic account, you can use any trading strategy.

Beginners can access the classic account with unlimited orders and high execution quality. With the classic account, you can trade GBP to JPY or Ether to USD and make deposits and withdrawals on your favorite trading instruments.

b. A Pro Trading Account

Once you gain experience trading on the demo and classic account, you can open a Pro account. This type of account comes with a $3 commission on every side of a standard lot.

With 100% STP (Straight Through Processing), you can trade with robots or any trading strategy. The closing time on the Pro account also has no limit, and you can close your trade as close to the price requested.

c. A VIP Account

The VIP trading account offers a better trading experience and less commission per side per standard lot. With a $1.5 commission, traders enjoy the highest services standards with a dedicated manager for a one-on-one discussion on your demands.

The trade currencies on this MT4 terminal/ mobile platform include the US Dollar (USD), Japanese Yen (JPY), the Great Britain Pound (GBP), and the Euro (EUR).

Pros and Cons of Trading with Traders Trust

Pros

  • Even though it does not have the stringiest regulations, Traders Trust is well regulated
  • It has an MT4 platform, which offers a series of cutting-edge trading technologies
  • It has high leverage levels
  • The platform welcomes a wide range of payment methods

Cons

  • You only have an MT4 trading platform, and nothing else
  • The classic account has a relatively high spread

Bottom line

Having a regulated broker work for you in a highly volatile industry like forex and cryptocurrency exchange is a bonus. When you get a broker from a region recognized worldwide with good praises, you will be on the right track to success in cryptocurrency markets.

Traders Trust, a cashback forex trading platform, is the perfect example of a broker you want by your side as you venture into the world of cryptocurrency. Register today and see what the platform has in store for you.

Let’s take a look at their disclaimer

Risk Warning: Our products are traded on margin and carry a high level of risk; thus it is highly possible to lose all your capital. These products may not be suitable for everyone, and you should ensure that you understand the risks involved. Please review our Risk Warning available here.

Disclaimer: The content of this material is intended for general information and educational purposes only and must not be considered investment or financial planning advice. No representation or warranty is given as to the accuracy or completeness of this information. TTCM Traders Capital Limited accepts no responsibility for any use that may be made of these comments and for any consequences resulting in it. The views and opinions expressed in this content are those of our educators and do not necessarily reflect the official policy or position of TTCM Traders Capital Limited.

Licences and Authorisations: TTCM Traders Capital Limited (herein “TTCM BM” or “Traders Trust”) is a limited liability Company, incorporated in Bermuda under section 14 and 6/132C(1) of the Companies Act 1981 and registered with the Registrar of Companies under Company number 54135, with registered address 5th Floor, Andrew’s Place, 51 Church Street, Hamilton HM 12, Bermuda.

The website Traders Trust .com is operated by TTCM BM.

Restricted Regions: The information on this website is not directed on residents of certain jurisdictions/countries including but not limited to Australia, New Zealand, Canada, Iran, Iraq, North Korea, USA, Cuba, Syria, Sudan, Afghanistan, Guyana, Lao People’s Democratic Republic, Uganda, Yemen, Venezuela and Puerto Rico or to any jurisdiction where such distribution would be contrary to local laws and regulations.

ThinkMarkets Review

ThinkMarkets Your premium multi-asset online brokerage

In cryptocurrency markets, brokers play a crucial role in connecting buyers and sellers through platforms that trade crypto with other tools like foreign exchange, precious metals, or commodities.

When you are trying to join a new field or shift brokers, you will keep an eye out on the performance of your prospective broker. It helps to have people with experience in your corner.

ThinkMarkets could be the broker fighting in your corner today. If you are thinking of investing with ThinkMarkets, this review will help you understand how they work and if investing with them is worth a shot.

What is ThinkMarkets?

Since opening for operation in 2010, ThinkMarkets has been a multi-asset online broker serving the whole world. Their headquarters are in Melbourne and London, where they serve the greater regions of the Middle East, Asia Pacific, and North Africa.

You can access the wide range of marketing tools offered by ThinkMarkets in Europe and South America.

According to specialists at ThinkMarkets, the company uses only the latest technology to provide the best prices for their trading tools. They are also always on their toes to execute transactions quickly while delivering superior customer service.

With such dedication, you can see why they would receive awards from organizations like FX Street for being a competitive offer in the market while walking with their clients through their trading journey.

ThinkMarkets has a lot to offer. For instance, customers who choose to go ThinkMarkets enjoy low to 0 commissions on their transactions, can open various accounts, and most importantly, have tight spreads.

To learn how to trade with ThinkMarkets, keep reading.

How to trade on ThinkMarkets

First, the chance to raise your game when trading at ThinkMarkets increases exponentially when you review the tools they have. They have a myriad of options for anyone looking to learn something about trading.

You can access their educational materials, articles from experienced traders, trading glossaries, indicators, and chart patterns. They offer all levels of training, from beginners to intermediate and advanced traders.

When you finish going through their trading knowledge base, you will realize that trading with them is simple.

You need to open an account to use for trading. This could be your real or demo account while you test the waters.

If you go for a demo account, it comes with a balance that you can use to practice your trading strategies. On the other hand, if you open a real account, you need to deposit some assets into the account for trading.

When trading, you can exchange your asset for a value. For instance, you could wager the exchange rate between the Euro and Japanese Yen, JYP.

Types of Accounts on ThinkMarkets

One of the many advantages that traders enjoy when working with ThinkMarkets is the choice they get. You can select the best account type to suit your trading specifications.

ThinkMarkets offers different types of trading accounts:

1. A standard Account

A standard account is what you can use as a beginner trader. The account requires a 0 operating balance, with no commissions on your transactions. Also, the average FX spread is around 1.2 pips, while forex only spreads from 0.4 pips.

The account has no limit on stop-loss take profit levels on any trade tools. And even though you do not get a personal account manager, you get the VPS support you need to improve the accuracy of your execution.

2. ThinkZero

This type of account is the ultimate choice for anyone looking for a seamless trading experience. The forex spreads are from 0 pips, and FX spreads average at 0.1 pips. You can trade metals for 8 cents, with a $3.5 commission per side.

However, you need a $500 minimum operating balance to use the ThinkZero account. It also has no minimum stop-loss take-profit levels.

With ThinkZero, traders get a personal account manager, free VPS support, and can trade on the MT4 and MT5 platforms.

3. Islamic Account

Muslims can also enjoy trading on a halal platform like ThinkMarkets. The platform builders took measures to comply with the Sharia Law that gives Muslims to open swap-free accounts.

4. A Joint Account

If you want to try your limits in trading with your friends, you can decide to open a joint account. Here, two or more individuals can trade commodities on the market.

Overall, you can start by getting familiar with the platform through their Demo account. You can then start trading for free while exploring the millions of trading opportunities presented by virtual funds on ThinkMarkets.

Pros and Cons of Using ThinkMarkets

There are many advantages of using a fast and reliable forex broker like ThinkMarkets. Some of these perks include:

Pros

  • Traders enjoy tight spreads, even under volatile market conditions
  • Thanks to their partnership with the world’s largest data center Equinix, traders get fast and reliable order execution
  • As a ThinkMarkets trader, you can choose between the high-end MT4 or the cutting-edge MT5 platform for your phone and desktop
  • Many trading tools, including cryptos, commodities, energies, and indices
  • 24-hour client support service

Cons

  • ThinkMarkets does not offer protection for their traders against losses that could exceed their initial deposits.

Bottom line

Trading can be a hassle when you have no idea what you are doing. However, it does not have to be the case since there are trade brokers ready to help you walk your trading journey successfully. ThinkMarkets is a top choice broker that supports you all the way.

Get started today and enjoy the opportunities in the world of forex and crypto trading today.

Lets take a look at the ThinkMarkets Disclaimer

Risk Warning: Derivative products are leveraged products and can result in losses that exceed initial deposits. Please ensure you fully understand the risks and take care to manage your exposure and seek independent advice if necessary.

TF Global Markets Int Limited is authorised and regulated by the Financial Services Authority, Firm Reference Number SD060. Registered address: CT House, Office 9B, Providence, Mahe, Seychelles. Company number 8424818-1. Clients will engage with services offered by TF Global Markets Int Limited, unless otherwise stated, please see the legal documents, including the Terms & Conditions for specific details.

ThinkMarkets Group is a global financial services provider, ThinkMarkets is a registered trademark of the group, that operates among various entities. For more information please visit the About Us section.

Think Capital Limited is registered in Bermuda, Company number: 51879. Registered address: Clarendon House, 2 Church Street, Hamilton HM 11, Bermuda. Think Capital is not required to hold any financial services license or authorization in Bermuda to offer its products and services. For the avoidance of doubt; Think Capital is not licensed by the Bermuda Monetary Authority, and does not provide any products and services under the Digital Asset Business Act 2018.

TFG (Payments) Limited is registered in the United Kingdom, Company number 10537331. Registered address: Hana, 4th Floor, 70 St Mary Axe, London EC3A 8BE.

Think Capital Services UK Ltd is registered in the United Kingdom, Company number 11054653. Registered address: Hana, 4th Floor, 70 St Mary Axe, London, EC3A 8BE

The information on this site is not directed to residents of the United States, Canada, the European Union, Australia, United Kingdom and Japan and is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.

LiteFinance Review

LiteFinance (Formerly LifeForex) Review

For 13 years since the introduction of the first cryptocurrency, there have been many more coins in the market and even many more brokers.

A cryptocurrency broker is a middle party between the consumer (the one buying the crypto) and the exchange ( the one selling the coins). These brokers can have no stock and sell on behalf of the exchange or trade crypto on their platforms.

One of the brokers on the market today is LiteFinance. And today, we evaluate if LiteFinace, a trading platform that uses crypto as the trading instrument, is worth your investment or not.

About LiteFinance

Formerly LiteForex, LiteFinance is a cashback forex trading platform specializing in top-tier liquidity in the stock market, commodity, and currency. You can trade different asset classes like precious metal, blue chops, oils, and cross rates on the platform.

However, today it offers a broad set of cryptocurrency pairs that you can trade. With a profound reputation, ever since it was LiteForex, LiteFinance has developed a closer connection with their clients, thanks to the user-friendly online platform.

On the LiteFinance app, you can strategize to take profits and stop losses. The high-speed trading platform also has an attractive set of built-in tools for better price chart analysis.

Being a platform available in over 15 global languages, LiteFinance has grown to a wide recognition worldwide.

How can you grow with LiteFinance?

When you start your cryptocurrency journey, you hope to land in a place that helps you learn as you progress. Well, that might as well be LiteFinance. With its series of Forex webinars, you can learn a thing or two about how to strategize when making price predictions.

You could be interested in diamond pattern trading or spark token price prediction. It does not matter because you can find all the information you need on LiteFinance.

If you want some books on cryptocurrency and how you can tap into the vast opportunity in the industry, LiteFinance has some insightful forex literature written by professional traders.

How to trade with LiteFinance

As a beginner, you can start at LiteFinance with a demo account. To open the account, you must choose your trading tool. You can select one of the following:

  • Currencies, e.g., When you want to trade the Euros to Dollar, or Japanese ¥en to Great Britain Pounds
  • Cryptocurrencies, if you will be trading Bitcoin or Ethereum
  • Precious metals like diamond or gold
  • Oil
  • NYSE, EPA, or NASDAQ shares
  • Indices
  • Commodities

Next, you need to register an account. Here, you need to register your country of residence, email or phone number, and a password for your next LiteFinance login.

When you become a professional, you can now open a real account. There are many accounts at your disposal. These include:

  1. ECN Forex Account

ECN Forex is a professional trading account that uses ECN technology ( an electronic communication network that links individuals to liquidity providers). ECN users enjoy a 2.5% per annum interest on their accounts and an unlimited duration of transactions.

You can increase your quoting precision at only a $50 minimum deposit, which means no requotes when making market executions.

Also, your trades go directly to the liquidity providers. So, there is never an instance where you face conflict-of-interest-related problems.

Above all, you can enjoy negative balance protection- this means the platform protects you from losing more than the balance amount in your account.

  1. A Classic account

This is a regular online trading account. It offers better-quoting precision and has no stop or limit levels. You also need a minimum deposit of $50.

The classic account has the Dollar, Euro, and MBT.

Now, is LiteFinance a trustworthy broker?

When you visit LifeFinance.com, you will notice a review column. You can tell that many users have a sufficient level of trust in the platform.

Moreover, the Forex trading platform has been around for over 17 years. Since 2005, it has been offering services in price prediction. Now, the broker capitalizes on its credibility to provide the most accurate USD and crypto coin price predictions to its users.

Pros and Cons of Trading with LiteFinance

When evaluating the platform, the pros outweigh the cons. Some of the advantages of trading with LiteFinance include:

Pros

  • Multiple funding options- you can wire the money or pay with credit/debit cards. Cryptocurrency, Yandex, QIWI, and Dengi have also accepted forms of funding
  • The mobile app offers a comprehensive market analysis for better trading experiences
  • It has a multilingual client support team
  • It uses meta trading platforms like MT4 and MT5, which offer cutting-edge experiences when trading cryptocurrency.
  • Users can automatically withdraw their money from their accounts

Cons

Some of the drawbacks of using LiteFinance as your tool for Dogecoin price prediction include:

  • You must pay for VPS (Virtual Private Server) if you want to enjoy a seamless and stable connection when trading
  • Residents of EEA (European Economic Area) countries, USA, Israel, Russia, and Japan, among other countries

Summary

The package you get when trading with LiteFinance is enticing. Once you become a partner, you get an affiliate commission calculator and the chance to participate in the partner’s contest.

These incentives, alongside the mountain of praise that the platform gets, indicate that you can start trading cryptocurrency on LiteFinance anytime.

Now take a look at the LiteFinance disclaimer

The website is owned and operated by LF Global group of companies, which include:

LiteFinance Global LLC is incorporated in St. Vincent & the Grenadines as a Limited Liability Company with registration number 931 LLC 2021. Registered address: First Floor, First St Vincent Bank Ltd Building, James Street, Kingstown, St. Vincent and the Grenadines. Email:

LiteForex (Europe) Limited is registered as a Cyprus Investment Firm (CIF) with the registration number HE230122 and regulated by the Cyprus Securities and Exchange Commission (CySEC) under license number 093/08 in accordance with Markets in Financial Instruments Directive (MiFID). All retail clients funds are insured by the Investor Compensation Fund (subject of eligibility). Email:

LiteFinance Global LLC does not provide service to residents of the EEA countries, USA, Israel, Russia, Japan, and some other countries.

Instaforex Review

Instaforex – Capital Protection, Advantageous Deals, and Swift Executions.

Crypto trading despite the heavy market price falls continues to be gaining traction each day, inviting both opportunists well versed in the field and novices. For the latter, trading crypto in Forex markets is often a challenge and having a middle party makes things pretty seamless. InstaForex seemingly offers the perfect middle ground for direct access to the Forex market through trading crypto out of the numerous emergent counter agents. This InstaForex review provides insight into how it works, the pros and cons, and whether or not it’s an ideal middle ground for Forex crypto trading.

What Is Instaforex?

InstaForex is a Forex trading broker offering clients direct access to the Forex market by providing suitable and necessary instruments and resources. This platform first came into the limelight in 2007 and is based in Limassol, Cyprus but has transcended the national scale to become a worldwide anomaly. It’s a go-to option for crypto Forex trading and a heaven-sent gift for novices aiming at creating a fortune for themselves in the Forex industry.

Who Can Use Instaforex?

InstaForex platform is open to anyone who wishes to trade in the Forex market. This platform acts as the middle ground for both novices and experts well versed in the Forex trading exchanges. The best part is that it facilitates active and passive Bitcoin and Etherium trading on a simple interface, keeping the navigations as easy as ABC. This platform has racked up massive popularity over the years and is becoming a mainstay in crypto Forex trading.

You can start trading Bitcoin by registering a live trading account in a few simple steps on the InstaForex platform. The process only picks a few minutes, and you can start trading after making a deposit and downloading MetaTrader 4 for fiat deposits. Afterward, you’ll get emailed login information to complete your deposition. However, you might have to use Skrill for crypto trading to make your deposits before you’re all set to hit the road running.

Accounts, Fees, and Protection

Every new trader has the chance to learn the nitty-gritty of InstaForex crypto trading, thanks to the intuitive demo account it offers. Trading in the Forex market requires that you’re well rounded, or else it’d get your Bitcoin down the drain. InstaForex, therefore, offers training and video tutorials for an awareness of how the platform works and how you can make profits. You can open either Standard or Eurica accounts on InstaForex https://www.instaforex.com/bitcoin_trading. Both accounts have varied ways of operation and the fees charged.

Whether you choose to trade on Bitcoin or Etherium, you get up to 30% deposit funding for a perfect start. There are usually no fees charged for depositing or withdrawing money from your account, and the same is true for crypto trading. However, there are inactivity fees when your account goes obsolete if your account isn’t used for ten months. The platform guarantees security for your deposits since it has an astringent operational protocol and utmost transparency.

Customer Support

InstaForex’s professional standards are top-notch, and it’s perhaps the best in its niche. As a trader, you have the guarantee to contact the offices, either physically or through their email and online support services. The platform’s customer service is available 24/7, and you can address challenges or problems you face as you trade your crypto at any moment. The company has a client relations department that offers in-house technical support, which should be a glad tiding to your crypto trading.

Is InstaForex Legit?

InstaForex is a legitimate trading platform with guaranteed security and a better investment return if you’re well-rounded. It operates under verified licenses working under international protective laws and security. As a novice crypto trader or an expert, you don’t have to worry about rag pulls or question the authenticity of this crypto broker.

InstaForex Crypto Trading Pros

  • As a beginner, you get a demo account to equip you with essential crypto trading tips.
  • You also get many materials and resources, including cryptocurrency information, news, and analytical reviews.
  • The transactions are easy, and the deposits through Skrill are pretty seamless.
  • A promise of good ROI since the crypto world is steadily growing exponentially.
  • It offers convenient leverage.

InstaForex Crypto Trading Cons

  • You need to be keener with Cryptocurrency since it’s incredibly volatile and sensitive to news and recent occurrences if you want to make profitable cash-ins.
  • Self-directed learning can be challenging to some Forex crypto-traders

Conclusion

Since the discovery of Cryptocurrency, numerous investors and governments have tried to integrate its use in almost every sector. Nonetheless, Forex crypto trading is seemingly a more recent phenomenon that promises huge potential for future Forex trading. Whether or not you’re a master of this field, choosing InstaForex as your crypto broker will work wonders for how you trade on the Forex market.

FX-Pro Review

FXPro Benefits and Drawbacks (2022)

FX-Pro is a web trading broker specializing in fiat and crypto trading on the Forex market. However, it still allows a wide range of assets for trade. It’s a reliable site and a highly rated broker used worldwide. However, trading crypto guarantees impressive returns with the utmost security and low risk on investments. This article offers insight into FX-Pro and reviews its feature details, trade and whether or not it’s a go-to crypto trading broker on the Forex market.

FX-Pro: An Overview

FX-Pro is a global Forex broker offering various currencies trading services and has racked massive popularity on the international stage. The FX broker was first established in 2006 and has transcended the national scale to becoming a sought-after Forex broker. It typically operates across 170 countries, including the UK, South Africa and Australia. It’s highly regulated and is a top-end crypto trading broker guaranteeing higher returns and reliable security.

Who Can Trade on FX-Pro?

Anyone can trade on FX-Pro, including people with varied skills and expertise. Beginners can still find their way around the site by creating an account at FX-Pro https://www.fxpro.com/trading/cryptocurrencies, subject to passing the basic compliance checks. Besides, the site offers numerous resources with the information needed and a demo account to familiarize them with seamless trading. It’s possible to trade CFDs on cryptocurrencies while gaining from the fast order executions and tight spreads.

This broker offers four reliable trading platforms, including the conventional MT4 and MT5, Edge and cTrader. These platforms allow you to access thousands of assets in various classes, and crypto trading is a notable mention. These platforms offer reasonable trading costs, trade sizes, CFD instruments and min stop levels. It also allows hedging and stop-outs for all FX-Pro entities. It also provides a free interactive trading course on CFDs, perfect for beginners looking at trading with CFDs.

Requirements for Opening an FX-Pro Account

Since FX-Pro is a highly regulated Forex trading platform, there are a few compliance check requirements that you need to satisfy. These include the essential requirements and steps subject to account approval, including:

  • Filling your country of residence and provide a name, password and email address.
  • Residential address, nationality and phone number
  • Employment information
  • Financial information
  • Selecting a trading platform, default leverage and a cryptocurrency of your preference
  • Uploading copies of your national ID, driver’s license or passport, or perhaps, taking a selfie to verify your identity.

Once everything checks out, you’ll wait for verification by the broker, and you’re all set on trading your crypto on the Forex market.

Accounts, fees, spreads and leverages

The minimum deposit amount on FX-Pro is $100, but don’t expect any deposit fees since this broker doesn’t charge any. You can make your deposits via various methods, including UnionPay, PayPal, Skrill or Neteller. The crypto leverage is at 1:20, and you can trade cryptocurrency CFDs in pairs with USD, and you can choose to go either long or short.

FX-Pro offers three account types, including the MT4, MT5 and ctrader. While these accounts provide leverage of 1:2 on crypto trading, they also allow for micro lot trading at 0.01. Besides, the MT4 and MT5 accounts offer demo accounts to give you the grips on trading. FX-Pro also provides Islamic accounts in line with the international laws for inclusivity. Worth mentioning is the competitive spreads this forex trading broker charges on its platforms with zero commissions. However, for assets traded in $1 million crypto value, they charge about $45.

FX-Pro Security and Client Support

FX-Pro is licensed and highly regulated by over 30 regulations globally. Besides, the site has SSL encryption for online security to prevent imminent data thefts or malicious activity. Fair to say, your investment is safe for as long as you use the site. Besides, the client support is top-notch, and you can use their numerous communication channels to lodge complaints or make an enquiry 24/7. You can request a callback, start live chat support or use the email support@fxpro.com.

FX-Pro Crypto Trading Pros

  • Incredible customer service and support
  • Free deposits and withdrawals
  • It has a simple account opening process
  • Excellent site security and protection
  • You get the necessary resources to get started

FX-Pro Crypto Trading Cons

  • Inactivity fees
  • It May be unavailable in a few countries due to jurisdiction

Conclusion

Thanks to its simple user interface and swift account opening, trading crypto is much easier with FX-Pro. Its customer support is top-end and guarantees you maximum investments protection. Therefore, trading with FX-Pro can be a worthy choice if you’re more particular with crypto.

FxPrimus Review

FXPrimus Offers one of the best Crypto platforms for traders

When you dive into forex trading, you need to find a broker to conduct your transactions. You need an intermediary to help you navigate the trading market, especially if you are new to the field. That said, there are thousands of brokers in the field, each offering something you may want.

FXPRIMUS is one of the brokers in forex trading and cryptocurrency. But, what does it offer that is different from other brokers? Most importantly, are they safe to use, or will you be risking your money investing in their platform?

Keep reading this FXPRIMUS review to find out more.

About FXPRIMUS

FXPRIMUS, part of Primus Global Ltd. Formerly FXPRIMUS Europe Ltd, is an investment company registered under the Cyprus Securities and Exchange Commission.

FXPRIMUS is also compatible with the markets in financial instruments directive, MiFID, making it a cross-border organization. Now, it operates in the EU, offering retail forex broker services.

FXPRIMUS offers a wide range of trade products, from energy products to indices and 5 cryptocurrencies, including Dash, Litecoin, Ripple, Bitcoin, and Ethereum.

FXPRIMUS is an award-winning broker company with multi-body regulations. It offers a high liquidity rate to its customers, making it a preferable choice to many people venturing into the trade of cryptocurrencies.

The trade benefits you enjoy from FXPRIMUS are also very competitive. For instance, you can trade your forex and other tools with a spread as low as 0.1 pips.

Users also enjoy the luxury of fast execution, and a wide range of internationally and locally accepted funding methods. Therefore, FXPRIMUS is where you can trade without stress when you deposit or withdraw funds from the platform.

Types of Accounts on FXPRIMUS

FXPRIMUS offers a wide range of accounts for its users across its MT4 and MT5 platforms. You can choose the account type that best suits your needs. The tailor-made accounts available on FXPRIMUS go a long way to adapt to your portfolio and investment levels.

These accounts include:

1. PrimusCENT

This is the lowest account you can get after moving from the demo account. The base currency for trading is the US Dollar, and it has an average spread of 1.5 pips.

Traders on the platform enjoy $0 commissions on their sides, with no bonuses. However, you receive negative balance protection when you start losing more than you invested.

2. PrimusCLASSIC

An upgrade from PrimusCENT takes you to PrimusCLASSIC. This account comes with more base currencies, including Euro, GBP, SGD, and PLN. However, the average spread is the same as PrimusCENT at 1.5 pips.

Traders on the MT4 platform enjoy bonuses, negative balance protection, and 0 commission on their trade.

3. PrimusPRO

A further upgrade takes you to the PrimusPRO account. This account has a spread starting from 0.3 Pips and a similar base currency as PrimusCLASSIC.

Primus MT4 users enjoy a $10 commission, while those using MT5 enjoy an $8 commission. PrimusPRO also offers negative balance protection, swap-free, and a bonus to MT4 users.

4. PrimusZERO

A PrimusZERO account comes with an average spread starting from 0 Pips. There is also negative balance protection and a $5 commission.

The base currencies include the USD, GBP, and EUR.

All the accounts require a minimum trading balance of $100. All these accounts, except PrimusZERO, have non-swap features, which means they comply with Sharia Law. Therefore, Muslims can be comfortable trading currencies on the platform.

FXPRIMUS Deposits and Withdrawals

To make any transactions on the platform, you need to deposit a minimum of $100. Using your credit/debit card, e-wallets, or make wire transfers, you can do so. Alternatively, you can use locally acceptable methods to make your deposits.

You can expect to receive your money after one business day, which takes time to process a withdrawal request. FXPRIMUS also uses third-party monitoring for seamless experiences for their traders.

Throughout this FXPRIMUS review, we notice that FXPRIMUS allows deposits and withdrawals without any transaction fees. In short, FXPRIMUS takes care of your transfer charges when you make wire transfers.

However, if you are using a local bank, you may pay transaction fees amounting to up to $5.

Pros and Cons of using FXPRIMUS

Pros

  • You enjoy free deposits and withdrawals
  • Multiple payment options
  • Multiple trading platforms, including MT4 and MT5
  • Educational resources
  • FXPRIMUS is a regulated brokerage firm
  • Commission-free trading on some of the accounts
  • Tight spreads, going as low as 0 Pips
  • Loyal customers enjoy a 5% cashback forex on their starting equity

Cons

  • The platform is not accessible to US residents
  • The minimum deposit is relatively high, at $100

Final Thoughts

Cyprus is the hub for forex trading today. Therefore, working with a company licensed to work in Cyprus and other nations means you get a better deal out of the investment. FXPRIMUS broker is one of these companies, and the reviews from users suggest that it is true.

You enjoy different benefits depending on your account and the platform you use. So, if you want to try trading or change brokers, you can start your FXPRIMUS MT4 download or FXPRIMUS MT5 download here and start trading.

Exness Review

Exness FX & CFD Brokers offering Crypto Trading

Trading can be intimidating if you’re a newbie. However, the good news is that you can knock it out in no time with the right tools. Besides, investing in the right platforms, technology, and brokers is critical in breaking into the market. And with lots of them exiting the market, choosing the right one can be challenging. However, we will review one of the top-rated brokers in the market today by looking at what sets them apart.

What’s Exness?

Founded in 2008, Exness is a CFD and forex broker that offers access to different trading currencies such as stocks, crypto, metals, indices, and other commodities.

According to the latest statistics, the platform boasts about 262,692 active users, thanks to its reliability.

Is Exness Legit?

Yes. The company has its presence in various countries and is regulated by necessary authorities.

Who is Exness For?

From experts to newbies, Exness is a rounded broker that caters to the needs of everyone. Even if you’re starting, you should not be afraid to sign up for Exness since the Trading Terminal platform includes an intuitive UI that’s easy to navigate. Besides, you have access to advanced tools available on the MetaTrader platform for advanced traders to take advantage of the high leverages available.

What Sets Exness apart from others?

Today, several brokers offer the same service as Exness. However, people still trust this platform due to the following reasons;

  1. The platform is perfect for people who want to combine passive investment and active trading.

2. It has a social trading feature with diversified portfolios.

What’s social trading, and how does it work?

Social trading is a service that allows investors to copy strategies from investors and apply them in their trades. In the end, they both make profits.

With the Exness Trading app, the process is made even more accessible. Let’s look at how to open an investment with Exness social trading.

How to Open an Investment with Exness Social Trading

If you have the best trading strategies ad would like to pay an additional amount, then Exness social trading is the right app. You need to open a social trading account and start sharing your strategies.

  1. Click here for Exness Sign up
  2. Once you create an account, you need to fill in a form to register your trading strategies with the community.
  3. The process includes giving a name to your strategies and a description and password.
  4. Once you complete the Exness sign up above, click on the continue button, and a new page pops up where you need to declare the account currency and the profit ratio. Note that the profit ratio starts from 0-50%. And based on the ratio, your returns will be calculated.
  5. Lastly, you need to upload a picture of your trading strategies.

As an Investor

To find the best trading strategies as an investor, you need to copy the trades automatically. And to accomplish this, you download the Exness Social Trading App and create an account if you don’t have one already. The app is available on both iOS and Android.

Copying a strategy can be done in three simple steps;

  1. Choose your preferred trading strategy
  2. Deposit money through your preferred deposit system.
  3. Lastly, the trade will execute automatically when it closes any entry.

How to Choose the Right Strategy

Having general information about how the strategy page works can help you decide which strategy to use since it gives you a general overview of the system and its most essential indicators like orders, commissions, and trading instruments.

How to copy your first strategy

  1. Log in to your app.
  2. Browse through the strategies and select the ones that appeal to you.
  3. View the stats, and to start copying, click on start copying.
  4. Choose the amount you invest. Remember, there’s no Exness minimum deposit required.
  5. Congratulations, that’s all it takes.

Now that you’re aware of what sets Exness apart, here are some of its pros and cons.

Pros

  • There’s no inactivity fee charged.
  • No withdrawal or deposit fees.
  • Exness provides tick-level data to all stakeholders across all instruments, thus, making their price history transparent.
  • They provide a free VPS host for advanced traders
  • Offers social trading
  • Multiple account types.

Cons

  • The educational resources are only available in English.
  • No multi-currency accounts are available.

Accounts

Exness offers four different types of accounts;

  1. Standard account
  2. Raw spread account
  3. Zero account
  4. Pro account

Bonus Tip: Demo accounts are provisioned to traders who want to test out their trading strategies in a risk-free environment that mimics the live and functional performances.

How to open a real trading account with Exness trader

Below are the steps you need to follow to open a real trading account with Exness trader.

Step 1: Open an account

To open an account, head to the office Exness account here, and from the top-right of the screen, click on “open account.”

Step 2: Fill in Personal Details

The next step involves filling in your country, email address, and password details.

Step 3: Choose Account Type

After submitting your details, you will be taken to a screen where you can choose the type of account you want to operate. You can choose between Demo and a real account.

Step 4: Start trading

Once you have chosen an account type, you can start trading.

Trading platforms

With Exness, you get access to the following trading accounts;

  1. MetaTrader 4
  2. WebTerminal
  3. Exness Terminal, and
  4. MetaTrader

Withdrawals and Deposits

The platform provides the following payment options through which one can deposit and withdraw their funds;

  1. Tether of USD
  2. Bitcoin
  3. Internet banking
  4. Bank cards
  5. Skrill
  6. Web money
  7. AstroPay
  8. Neteller, etc.

Benefits of Exness Social Trading

  • Ability to copy strategies from skilled traders.
  • Funds can be transferred immediately.
  • There’s no need to keep up with market news since you’re not trading on your own.
  • Ability to select traders of your choice

Final Words

Exness looks to be a legit company that operates under the legal requirements of the governments that regulate them, do check out their own disclaimer below before you start trading.

E​xness (SC) Ltd ​is a Securities Dealer registered in Seychelles with registration number 8423606-1 and authorised by the Financial Services Authority (FSA) with licence number SD025. The registered office of E​xness (SC) Ltd is at 9A CT House, 2nd floor, Providence, Mahe, Seychelles.

Exness B.V. is a Securities Intermediary registered in Curaçao with registration number 148698(0) and authorised by the Central Bank of Curaçao and Sint Maarten (CBCS) with licence number 0003LSI. The registered office of Exness B.V. is at Emancipatie Boulevard Dominico F. “Don” Martina 31, Curaçao.

Exness (VG) Ltd is authorised by the Financial Services Commission (FSC) in BVI with registration number 2032226 and investment business licence number SIBA/L/20/1133. The registered office of Exness (VG) Ltd is at Trinity Chambers, P.O. Box 4301, Road Town, Tortola, BVI.

Exness ZA (PTY) Ltd is authorised by the Financial Sector Conduct Authority (FSCA) in South Africa as a Financial Service Provider (FSP) with registration number 2020/234138/07 and FSP number 51024.

The entities above are duly authorized to operate under the Exness brand and trademarks.

Risk Warning: Our services relate to complex derivative products (CFDs) which are traded outside an exchange. These products come with a high risk of losing money rapidly due to leverage and thus are not appropriate for all investors. Under no circumstances shall Exness have any liability to any person or entity for any loss or damage in whole or part caused by, resulting from, or relating to any investing activity. Learn more.

The information on this website does not constitute investment advice or a recommendation or a solicitation to engage in any investment activity.

The information on this website may only be copied with the express written permission of Exness.

AvaTrade Review (2022)

All you need to know about AVATrade but was afraid to ask

AvaTrade is one of the leading international forex brokers providing the best online forex trading and cash back forex needs. This online brokerage firm has been operating since 2006, offering various cryptocurrency and other online brokerage options. AvaTrade accepts clients trading on multiple accounts and currencies worldwide with its versatility. Read through the article to get a complete AvaTrade review of the trading costs, accounts, deposit methods, trading platform, and many other features.

Reputation and Regulation

It’s essential to consider the reputation of your forex broker when choosing an appropriate one. A good reputation enhances the company’s competence and trustworthiness. AvaTrade is one of the most reputable brokerage firms on various regulatory boards worldwide. Therefore, the reputation makes it the perfect choice for your cryptofx when seeking online brokerage success. AvaTrade is the appropriate option with its reputation when looking for an online brokerage firm to trade with confidently. This crypto capital FX is the best option based on the regulation and reputation.

Trading Platforms Available

The brokerage platform has various trading platforms available for the different traders. These trading platforms will favor your needs despite your expertise levels, including the cash back forex. The Meta Trader 4 & 5 Platform, Meta trader for web and mobile trading, are the common platforms you can choose. These platforms make AvaTrade the appropriate alternative for your crypto capital FX. Furthermore, it uses automated trading softwares to meet every user’s need.

Trading Accounts

This brokerage platform keeps things straightforward by offering two popular accounts. The standard and AvaTrade demo accounts are the most popular and simple accounts. You can open your standard account with as little as $100 on credit cards and $500 when using wire transfer. Apart from the standard and AvaTrade demo accounts, the brokerage firm accommodates Muslims by allowing swap-free accounts. Professional traders can also open different accounts for their clients.

Promos and Bonuses

AvaTrade provides a wide range of promos and bonuses depending on the geographical location. You can get the AvaTrade bonus for depositing or withdrawing your cash on the platform. Furthermore, trading on the platform entitles you to numerous bonuses to enhance your winnings. The platform also allows you to get an AvaTrade bonus from referrals, where after the referrals sign, you’ll get the AvaTrade partner code you can use to claim the rewards.

AvaSocial

You can also trade on this platform by downloading its application on android and iOS devices. The application offers 24/7 trading on commodities markets, crypto, stock, and forex. Furthermore, you use the login at avatrade.com to trade for your various needs. The Avasocial is a great tool and trading mentor for beginners. You can also use the AvaTrade partner code to help you connect with other individuals trading on the platform.

Deposit and Withdrawals

This online brokerage platform offers a wide range of depositing options and deposit bonuses. You can use various depositing options to fund your accounts and receive the AvaTrade deposit bonus. For instance, you can use Skrill, PayPal, master card, etc. After depositing, ensure that you get your AvaTrade deposit bonus from the firm. After trading, the platforms offer various methods you can use to get your earnings. Ava Debit MasterCard is the set withdrawal method that can take five business days.

Trading Bitcoin

Trading bitcoin on this platform is usually very straightforward. After creating the account and depositing the first amount, you can start trading bitcoin. The platform allows you to trader le bitcoin with as low as a $100 deposit, which you can fund using different methods like debit cards, PayPal, Moneybookers, and even credit cards.

With the bitcoin market very volatile, AvaTrade offers the best strategies for bitcoin tumbles after reaching $40000 on amazon speculations. This platform offers the best alternative for reducing the risk of losing your bitcoin after bitcoin tumbles after reaching $40000 on amazon speculations. With these features, you can’t have the account close even after bitcoin falls in value.

AvaTrade Pros

  • Attractive bonuses and promotions
  • Comprehensive educational resources
  • The best option for beginners
  • Regulated and reliable trading platform
  • Free demo account
  • Low minimum deposit

AvaTrade Cons

  • Long withdrawal time, up to 5 days
  • High spread time during particular times

Conclusion

AvaTrade online brokerage firm is one of the most reputable and established forex brokers. The forex broker offers the best trading and cashback forex options. With an excellent website, customer support, transparency, and multiple trading platforms, choosing AvaTrade for your online forex trading will be imperative. You can check avatrade.com to have a successful online forex brokerage when trading.

AAAFX International Review

AAAFX, who are they and what do they offer?

Cryptocurrency has become integral in almost every aspect of running businesses and investing. It’s become a mainstay in stock trading and has provided an alternative to fiat currency trading. And while trading in crypto in the stock market is seemingly alien, FX Brokers like AAAFX International lends a hand. As a beginner, it’s often a challenge to figure out how this process works. However, you have less to worry about since this review explains why AAAFX International is ideal for you.

What is AAAFX International?

AAAFX International is headquartered in Greece, founded in 2008, and it’s become one among the crucial simple interface software acting as a broker for Forex traders. Especially so, it offers services in crypto, acting as a counter agent to facilitate the process. It offers tools and resources that traders can use to rack up profits and high returns in trading stocks using crypto. It’s operational worldwide and offers services in 176 countries with a rich diversity of 11 languages.

Who Can Qualify to Use AAAFX International?

Both beginners and experts in crypto trading can qualify to use AAAFX International. Its user interface is simple and entry-level, and you can use it regardless of your level of expertise in trading stocks using crypto. The site offers two trading platforms to trade your crypto, including the Zulu trade and Meta4 platforms.

  • Zulu Trade

AAAFX International offers automated and manual trade and is a secure platform to trade in, thanks to the proficient ZuluGuard and the Margin Call-o-Meter. It allows you to write code through ZuluScripts and trade seamlessly. The platform isn’t overly intricate, and you can quickly learn how it operates. You can still leverage the Zulutrade promo as an added perk of trading on this platform.

  • Meta4

Meta4 is also a viable alternative for trading crypto on the Forex market. You can download this platform for free at AAAFX https://AAAFX International.com/ and start trading instantly. It’s a go-to option if you’re well versed with manual trading since it offers more analysis and charting tools. It has social and automated social trading capabilities via the ZuluTrade add-on, and its user interface is also friendly.

Leverage, Trading Fees, and Protection

You can open an AAAFX International account with different leverage rates depending on your location. International leverages are seemingly higher than the local ones, reaching over 1:500 for every instrument. However, local trades offer leverages as low as 1:30. You also get a margin calculator online to calculate your leverages, or you can contact the readily available customer support for more information. And of course, you get cash back Forex rebates or charged way less in commissions in your subsequent pays.

The trading fees for crypto aren’t definite yet, but you can use the CFDs and other asset fees to get a straightforward picture. Nonetheless, Bitcoin charges a 4% fee for converting it to fiat currency and back. If you’re more concerned with AAAFX International trading security, fret not because it’s secured with SSL encryption and includes firewalls and access control mechanisms.

Regular and Islamic Accounts

AAAFX International offers three accounts: the classic, MT4, and profit-sharing accounts. However, you can also open an Islamic account offering Zero swaps regarding international law. This inclusive approach gives it an upper hand over the rest of the trading software with a simple click set-up process. If you get a change of faith mid-voyage, you can also apply for an account change to Islamic. However, you cannot hold regular and Islamic accounts simultaneously.

Customer Support

AAAFX International opens on Sundays and closes on Fridays, and offers 24-hour customer support five days per week. You get more reliable help in 11 languages quickly if you encounter problems or need to make inquiries. AAAFX International’s telephone varies according to your location but still has a chat button at the right corner of the website. However, you contact them from anywhere through support@aaafx.com.

AAAFX International Crypto Trading Pros

  • It provides automated trading with Cash Back Forex rebates
  • AAAFX International offers social and copy trading
  • It includes numerous payment option
  • Demo account valid for 30 days (for ZuluTrade)

AAAFX International Crypto Trading Cons

  • There are no training materials for beginners, and navigating through it might be marginally challenging but entirely possible, thanks to its simple, user-friendly interface.
  • No VPS available

Conclusion

As crypto trading is taking shape, it’s opening a wide range of options to help you trade conveniently. You won’t have to limit yourself to company shares or stock indexes, but you can still use cryptocurrencies. Hopefully, this article will help you trade in the Forex market using crypto with AAAFX International pretty seamlessly.