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 | |
Founded | 2020 |
Registered Country/Region | Canada |
Regulation | Unregulated |
Market Instruments | Cryptocurrencies (BTC, XRP, ETC, ETH, ICO projects) |
Demo Account | ❌ |
Leverage | Not specified |
Spread | Not mentioned |
Trading Platform | MT4, MT5 |
Min Deposit | $500 |
Customer Support | Online chat |
Phone (WhatsApp): +1 (786) 8085890 | |
Email: support@cryptotrade230.com |
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 | Cons |
Wide range of crypto options | Unregulated |
No deposit or withdrawal fees | High minimum deposit ($500) |
Availability of MT4 and MT5 platforms | No demo or Islamic accounts |
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.”
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 | ❌ |
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 Platform | Supported | Available Devices | Suitable for what kind of traders |
MT4 | ✔ | Desktop, Web, Mobile | All types of traders, beginners to professionals |
MT5 | ✔ | Desktop, Web, Mobile | Advanced traders needing more analytical tools and indicators |
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.
Options | Min. Amount | Fees | Processing Time |
Perfect Money | $500 | None (bank charges may apply) | Instant |
Payeer | $500 | None (bank charges may apply) | Instant |
Bitcoin | $500 | None | Up to 30 minutes (network confirmation) |
Bitcoin Cash | $500 | None | Up to 30 minutes (network confirmation) |
Litecoin | $500 | None | Up to 30 minutes (network confirmation) |
Dash | $500 | None | Up to 30 minutes (network confirmation) |
Ethereum | $500 | None | Up to 30 minutes (network confirmation) |
Visa/Mastercard | $500 | None | Instant |
In recent months, PrimeX Capital, a Forex and CFD broker established in 2022, has become a subject of concern in the trading community. However, despite these enticing features, the broker's reputation has been severely tarnished by multiple complaints and a troubling lack of regulatory oversight.
Markets4you, is a global forex broker launched in 2007. It was established in the British Virgin Islands. This broker offers its global traders various market instruments.
Discover how MultiBank Group, a global leader in financial derivatives, secured three prestigious awards at Traders Fair Hong Kong 2024, highlighting its innovative trading solutions and industry excellence.
PT. Doo Financial Futures, a subsidiary of the global financial services brand Doo Group, has secured regulatory approval from Indonesia’s Badan Pengawas Perdagangan Berjangka Komoditi (BAPPEBTI).