Crypto-Trade365-Overview of Minimum Deposit, Leverage, Spreads
abstrak：Crypto-Trade365 is allegedly a cryptocurrency broker that provides its clients with cryptocurrency trading with leverage up to 1:200 and floating spreads, as well as a choice of five different account types.
Note: Since Crypto-Trade365s official site (https://www.crypto-trade365.com/) is not accessible at the time of writing this introduction, only a cursory understanding can be obtained from the Internet.
General Information & Regulation
Crypto-Trade365 is allegedly a cryptocurrency broker that provides its clients with cryptocurrency trading with leverage up to 1:200 and floating spreads, as well as a choice of five different account types.
Market Instruments
From Crypto-Trade365s name, we can easily get the information that the broker offers cryptocurrency trading, yet we have no way to get more details about other tradable instruments in financial markets.
Account Types
There are five live trading accounts offered by Crypto-Trade365, namely Green, Premium, Platinum, Executive and Presidential. Opening a Green account requires the minimum initial deposit amount of €5,000, while the other four account types with the much higher minimum initial capital requirements of €10,000, €25,000, €50,000 and €100,000 respectively.
Leverage
The maximum leverage ratio provided by Crypto-Trade365 is up to 1:200. Bear in mind that leverage can magnify gains as well as losses, inexperienced traders are not advised to use too high leverage.
Spreads & Commissions
Spreads are influenced by what type of accounts traders are holding. Crypto-Trade365 reveals that the spreads on the Green account is floating around 2.5-3.2 pips, the clients on the Premium, account can experience floating spreads around 2 – 2.5 pips, the Platinum account with the spreads of 1.5 – 2 pips, the Executive account with the spreads of 1 – 1.5 pips, while the Presidential account with the lowest spreads of 0.5 – 1 pips. As for commissions, the broker offers 5% referral commission.
Deposit & Withdrawal
Crypto-Trade365 accepts deposits and withdrawals with Bitcoin only. The minimum deposit requirement is €5,000.
Customer Support
Crypto-Trade365‘s customer support can be reached by email: seth.morrisson@crypto-capital365.com. However, this broker doesn’t disclose other more direct contact information like telephone numbers or the company address while most brokers offer.
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