FX CRYPTO TRADING
Abstract：FX CRYPTO TRADING is allegedly a forex and crypto broker registered in Australia that claims to provide its clients with a choice of four different live account types.
Note: FX CRYPTO TRADING is to operate via the website - https://fxcryptotradings.com/, which is currently not yet functional and no information about the company was immediately available. Therefore, we could only gather relevant information from the Internet to present a rough picture of this broker.
Risk Warning
Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.
General Information & Regulation
| Feature | Detail |
| Regulation | No Regulation |
| Market Instrument | forex & cryptocurrency |
| Account Type | Mini: $350 | Standard: $1,000 | Executive: $2,500 | VIP: $5,000 |
| Demo Account | N/A |
| Maximum Leverage | N/A |
| Spread | N/A |
| Commission | N/A |
| Trading Platform | N/A |
| Minimum Deposit | $350 |
| Deposit & Withdrawal Method | N/A |
FX CRYPTO TRADING is allegedly a forex and crypto broker registered in Australia that claims to provide its clients with a choice of four different live account types.
As this brokerage's website cannot be accessed, we were unable to obtain further details about its leverage, spreads, trading platforms, etc.
As for regulation, it has been verified that FX CRYPTO TRADING currently has no valid regulation. That is why its regulatory status on WikiFX is listed as “No License” and receives a relatively low score of 1.36/10. Please be aware of the risk.
Market Instruments
FX CRYPTO TRADING advertises that it specializes in forex and cryptocurrency trading.
Account Types
FX CRYPTO TRADING claims to offer four types of live trading accounts - Mini, Standard, Executive and VIP, with minimum initial deposit requirements of $350, $1,000, $2,500 and $5,000 respectively. In comparison, licensed brokers allow setting up a starter account with a minimum deposit of $100 or even less.
Deposit & Withdrawal
The minimum initial deposit requirement with FX CRYPTO TRADING is said to be as high as $350. However, the broker says nothing about the deposit and withdrawal methods.
Customer Support
FX CRYPTO TRADING‘s customer support can be reached by email: info@fxcryptotradings.com. Company address: Westfield Liverpool, Macquarie St, Liverpool NSW 2170. However, this broker doesn’t disclose other more direct contact information like telephone numbers that most transparent brokers offer.
Pros & Cons
| Pros | Cons |
| N/A | • No regulation |
| • Website inaccessible | |
| • High minimum initial deposit required |
Frequently Asked Questions (FAQs)
| Q 1: | Is FX CRYPTO TRADING regulated？ |
| A 1: | It has been verified that FX CRYPTO TRADING currently has no valid regulation. |
| Q 2: | What is the minimum deposit for FX CRYPTO TRADING？ |
| A 2: | The minimum initial deposit to open the basic Mini account is up to $350. While $1,000 for the Standard account, $2,500 for the Executive account and $5,000 for the VIP account. |
| Q 3: | Is FX CRYPTO TRADING a good broker for beginners？ |
| A 3: | The FX CRYPTO TRADING brokerage is not a good choice for beginners. Not only because of its unregulated condition, but also because of its inaccessible website and too high initial deposit. |
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