Trade Safe CryptoFx -Overview of Minimum Deposit, Spreads & Leverage

General Information

Trade Safe CryptoFx is allegedly a forex and CFD broker based in the USA, licensed and regulated by the MFSA under the MIFID directive, claiming to provide its clients with the maximum leverage up to 1:100, variable spreads, and over 100 tradable products with five weekly and seven monthly account types and the worlds most popular MetaTrader5 trading platform.

Market Instruments

Trade Safe CryptoFx advertises that it offers more than 100 trading instruments in financial markets, including cryptocurrencies, forex, commodity futures, share indexes and energy carriers.

Account Types

There are five weekly and seven monthly live trading accounts offered by Trade Safe CryptoFx, apart from demo accounts, namely five weekly account types of Starter, Classic, Pro, Executive and Premium, as well as seven monthly account types of Luxury, VIP, VIP Luxury, Silver Platinum, Gold Platinum, VIP Gold Platinum and Gold Luxury Platinum. Opening a Starter account requires the minimum initial deposit amount of $500, while the other four weekly account types with the much higher minimum initial capital requirements of $3,500, $8,000, $11,500 and $25,000 respectively, as well as seven monthly account types with the minimum deposit requirement of $50,000, $75,000, $150,000, $350,000, $500,000, $750,000 and $1,000,000 separately.

Leverage

The maximum leverage ratio provided by Trade Safe CryptoFx is up to 1:100 for professional traders. Bear in mind that leverage can magnify gains as well as losses, inexperienced traders are not advised to use too high leverage.

Spreads

Spreads are influenced by what type of accounts traders are holding. Trade Safe CryptoFx reveals that the clients on the Starter or Luxury account can enjoy spreads from 1.9 pips, the Classic or VIP account can experience spreads from 1.5 pips, while the left account types with spreads from 1.2 pips.

Trading Platform Available

When it comes to trading platforms available,Trade Safe CryptoFx gives traders the worlds most widely-used MetaTrader5 platform, available for desktop and mobile apps including Android and iOS. MT5 is known as one of the most successful, efficient, and competent forex trading software. While with the MT5 mobile app, trading can be done from anywhere and at any time through the right mobile terminals.

Deposit & Withdrawal

Trade Safe CryptoFx accepts a wide selection of deposit and withdrawal options including Bank Transfer, Bitcoin, Credit Card (VISA, MasterCard, Maestro, Visa Electron), Yandex Money, Neteller, WebMoney, QiWi Wallet and Skrill. The minimum deposit requirement is $500. The broker doesnt charge any deposit fees, but it will charge some withdrawal fees, such as 2.9% for withdrawal with Neteller and Skrill, while others about which should get from the Account Manager Inquiry. As for the processing time of deposit and withdrawal requests, deposit via Bank Transfer requires 2-3 days to process, while deposit via other methods can be processed instantly. Also, withdrawal with Bitcoin is instant, with Bank Transfer requiring up to 2 business days, while with the left methods can be processed within 1 business day.

Customer Support

Trade Safe CryptoFxs customer support can be reached through phone/WhatsApp: 16062402074, email: help@nsbroker.com, info@tradesafecryptofx.com or send messages online to get in touch. Besides, you can also follow this broker on some social media platforms like Twitter. Company address: US, 31 Beeston Road, Nottingham.