Ikhtisar:Crypto Guru, a UK-based FX broker established 1-2 years ago, offers trading services across various asset classes, including stocks, indices, CFDs, forex, ETFs, and cryptocurrencies. The company provides multiple account types tailored to different trader preferences, such as Bronze, Silver, and Gold, each with distinct minimum deposit requirements, spreads, and leverage ratios. While the broker is headquartered in London, it has office locations in the same city. Despite its operational presence, Crypto Guru operates as an unregulated entity in the financial industry. Traders can utilize the MetaTrader 4 trading platform for their transactions, with deposit and withdrawal options available through credit cards, wire transfers, and e-wallets. The broker offers customer support through email and phone channels.
Key Information | Details |
Company Name | Crypto Guru |
Years of Establishment | 1-2 years |
Headquarters | London, UK |
Regulation | Unregulated |
Tradable Assets | Stocks, Indices, CFDs, Forex, ETFs, Cryptocurrencies |
Account Types | Bronze, Silver, Gold |
Minimum Deposit | $250 |
Leverage | Up to 1:1000 |
Spread | As low as 0.1 pips |
Deposit/Withdrawal Methods | Credit card, wire transfer, e-wallet |
Trading Platforms | MetaTrader 4 |
Customer Support Options | Email at info@cryptoguru.businessPhone number:+44 1217909437 |
Crypto Guru, a UK-based FX broker established 1-2 years ago, offers trading services across various asset classes, including stocks, indices, CFDs, forex, ETFs, and cryptocurrencies. The company provides multiple account types tailored to different trader preferences, such as Bronze, Silver, and Gold, each with distinct minimum deposit requirements, spreads, and leverage ratios.
While the broker is headquartered in London, it has office locations in the same city. Despite its operational presence, Crypto Guru operates as an unregulated entity in the financial industry. Traders can utilize the MetaTrader 4 trading platform for their transactions, with deposit and withdrawal options available through credit cards, wire transfers, and e-wallets. The broker offers customer support through email and phone channels.
Crypto Guru operates as an unregulated broker, which means it does not have any overseeing regulatory authority to supervise its financial activities. This absence of regulatory oversight extends to several key aspects of the broker's operations. It implies that there are no specific regulations in place to monitor the broker's adherence to industry standards or guidelines. Additionally, the lack of regulation means there is no external body responsible for overseeing the broker's financial dealings, safeguarding client interests, or ensuring transparency in its practices.
Pros | Cons |
Cost-Efficient Trading | Lack of Regulation |
Wide Range of Tradable Assets | Limited Customer Support Channels |
Differentiated Account Types | Website Inaccessibility |
Pros:
Cost-Efficient Trading: Crypto Guru offers reasonable trading fees, with a fee range of 0.1% to 1.5%. This cost-effectiveness can potentially benefit traders looking to minimize their transaction expenses.
Wide Range of Tradable Assets: Traders have access to a variety of asset classes, including stocks, indices, CFDs, forex, ETFs, and cryptocurrencies. This diversity of assets can provide ample opportunities for portfolio diversification.
Differentiated Account Types: The broker offers three distinct account types - Bronze, Silver, and Gold - each tailored to different trading preferences. These account types come with varying minimum deposit requirements, spreads, and leverage ratios, allowing traders to select the one that aligns with their trading strategies.
Cons:
Lack of Regulation: Crypto Guru operates as an unregulated broker, which means it lacks oversight from a regulatory authority. This absence of regulation can potentially raise concerns about the broker's transparency and accountability in its financial operations.
Limited Customer Support Channels: The broker's customer support options are somewhat limited, with support available primarily through email and phone. The absence of a live chat option may affect the responsiveness of customer service, potentially causing delays in addressing trader inquiries and concerns.
Website Inaccessibility: There have been reported instances of the Crypto Guru website being inaccessible. This technical issue can hinder traders' ability to access the platform, potentially causing inconvenience and disruptions in trading activities.
The reported instances of Crypto Guru's website being inaccessible pose a significant challenge to the company's credibility. An inaccessible website can be a source of frustration and inconvenience for potential traders and existing clients. It means that individuals interested in exploring the broker's services, creating a trading account, or managing their existing accounts may encounter difficulties in doing so. This limitation in access could deter prospective traders from engaging with Crypto Guru, as they may not be able to gather essential information, evaluate the platform, or initiate their trading journey.
In summary, Crypto Guru offers a range of market instruments, including stocks, indices, CFDs, forex, ETFs, and cryptocurrencies, Details are as follows:
Stocks: Crypto Guru offers trading opportunities in various publicly traded company stocks. Clients can speculate on the price movements of individual stocks, such as Apple Inc. (AAPL), Google parent company Alphabet Inc. (GOOGL), and Facebook Inc. (FB).
Indices: The broker allows trading on stock market indices, enabling clients to invest in the performance of a group of companies. Examples of indices available for trading may include the S&P 500, FTSE 100, and Nasdaq Composite.
CFDs (Contracts for Difference): Crypto Guru provides access to CFD trading, allowing traders to speculate on price fluctuations without owning the underlying asset. This includes CFDs on commodities like gold and oil, as well as indices and cryptocurrencies.
Forex (Foreign Exchange): Clients can engage in forex trading with Crypto Guru, participating in the global currency exchange market. Major currency pairs like EUR/USD, GBP/USD, and USD/JPY are commonly traded.
ETFs (Exchange-Traded Funds): The broker offers trading in ETFs, which represent a diversified portfolio of assets. Traders can access ETFs tracking various market segments, including technology, energy, and more.
Cryptocurrencies: Crypto Guru facilitates trading in a range of cryptocurrencies, such as Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP). Clients can speculate on the price movements of these digital assets.
The following is a table that compares Crypto Guru to competing brokerages in terms of market instruments:
Broker | Market Instruments |
Crypto Guru | Stocks, Indices, CFDs, Forex, ETFs, Cryptocurrencies |
OctaFX | Forex, Cryptocurrencies, Metals, Indices |
FXCC | Forex, Cryptocurrencies, Metals, Energies |
Tickmill | Forex, Cryptocurrencies, Indices, Bonds |
FxPro | Forex, Stocks, Cryptocurrencies, Metals, Indices |
Crypto Guru offers three account types: Bronze, Silver, and Gold. Specifics are as follows:
Bronze Account: The Bronze account offered by Crypto Guru is designed for traders with a minimum deposit requirement of $250. This account type provides access to a spread range of 0.1% and offers a leverage ratio of 1:300. It caters to traders seeking an entry-level option with lower capital requirements.
Silver Account: Crypto Guru's Silver account targets traders with a minimum deposit of $500. This account type offers narrower spreads, ranging from 0.05%, and a higher leverage ratio of 1:500. It suits traders looking for enhanced trading conditions and higher leverage.
Gold Account: The Gold account is the premium offering at Crypto Guru, requiring a minimum deposit of $1,000. It provides the narrowest spreads, starting from 0.01%, and offers the highest leverage ratio of 1:1000. This account type is ideal for experienced traders seeking the best trading conditions.
Here is a table summarizing the differences between the account types:
Account | Minimum Deposit | Spreads | Leverage |
Bronze Account | $250 | 0.1% | 1:300 |
Silver Account | $500 | 0.05% | 1:500 |
Gold Account | $1,000 | 0.01% | 1:1000 |
Crypto Guru provides a range of minimum deposit rates across its account types. The Bronze account requires a minimum deposit of $250, making it accessible to traders with relatively lower capital. For those seeking enhanced trading conditions, the Silver account necessitates a minimum deposit of $500, offering a step up from the Bronze account. The Gold account, Crypto Guru's premium offering, sets a minimum deposit of $1,000, catering to experienced traders looking for better trading conditions. These minimum deposit rates enable traders to choose an account type that aligns with their capital and trading preferences, allowing for flexibility in their trading journey.
Crypto Guru offers different leverage ratios depending on the chosen account type. The Bronze account provides a leverage ratio of 1:300, which allows traders to control a larger position size relative to their deposited capital. The Silver account offers a higher leverage ratio of 1:500, providing increased trading flexibility. The Gold account, the premium offering, offers the highest leverage ratio of 1:1000, enabling experienced traders to maximize their trading potential.
Here is a comparative table:
Broker | Forex | Cryptocurrency | Stock | Index | Commodity |
Crypto Guru | 1:300 | 1:2 | 1:100 | 1:200 | 1:50 |
Alpari | 1:1000 | 1:5 | 1:20 | 1:20 | 1:10 |
HotForex | 1:1000 | 1:10 | 1:10 | 1:10 | 1:10 |
IC Markets | 1:500 | 1:5 | 1:20 | 1:20 | 1:10 |
RoboForex | 1:2000 | 1:50 | 1:20 | 1:20 | 1:10 |
Crypto Guru offers a range of spreads across its market instruments. The Bronze account provides a spread range of 0.1%, the Silver account offers narrower spreads, starting from 0.05%, and the Gold account features the narrowest spreads, beginning at 0.01%. These spreads indicate the difference between the buying and selling prices of assets and can impact trading costs. Traders can choose an account type that aligns with their preferences for trading conditions and spreads.
Crypto Guru offers several deposit and withdrawal methods to accommodate clients' financial preferences. These methods include credit card transactions, wire transfers, and e-wallets. These various methods offer clients flexibility in managing their trading accounts and financial transactions, catering to a wide range of preferences and needs.
Credit Card Transactions: Crypto Guru facilitates deposits and withdrawals through credit card transactions. This method allows clients to use their credit cards for funding their trading accounts and withdrawing funds. Credit card transactions are widely accepted and offer a convenient way for clients to manage their finances on the platform.
Wire Transfers: Wire transfers are another option provided by Crypto Guru for depositing and withdrawing funds. This method is suitable for clients with larger capital requirements as it offers a secure and straightforward way to transfer substantial sums of money to and from their trading accounts. Wire transfers are known for their reliability and are often preferred by traders for significant transactions.
E-Wallets: Crypto Guru also supports e-wallets as a deposit and withdrawal method. E-wallets are digital payment solutions that provide a convenient and efficient way for clients to manage their funds on the platform. They offer speed and ease of use, making them a popular choice among traders who prefer digital payment methods.
Crypto Guru offers the MetaTrader 4 (MT4) trading platform. MT4 is a widely recognized and popular platform known for its user-friendly interface, advanced charting tools, technical analysis capabilities, and automated trading features. It provides traders with a robust and efficient platform for executing trades and managing their portfolios.
However, Having a single trading platform like MetaTrader 4 (MT4), as offered by Crypto Guru, can be disadvantageous when compared to competitors who provide multiple trading platforms. This limitation may restrict traders who prefer or require alternative platforms with different features, tools, or capabilities, potentially limiting their ability to execute specific trading strategies or access unique trading opportunities offered by other platforms.
Here is a table comparing the trading platforms offered by Crypto Guru with those of OctaFX, FXCC, Tickmill, and FxPro:
Broker | Trading Platforms |
Crypto Guru | MetaTrader 4 (MT4) |
OctaFX | MetaTrader 4 (MT4), MetaTrader 5 (MT5) |
FXCC | MetaTrader 4 (MT4) |
Tickmill | MetaTrader 4 (MT4), MetaTrader 5 (MT5) |
FxPro | MetaTrader 4 (MT4), MetaTrader 5 (MT5), cTrader, FxPro Edge |
Crypto Guru offers customer support through email and phone channels, allowing clients to choose their preferred method of contact based on their communication preferences and urgency.
Email Support: Crypto Guru offers customer support through email. Clients can reach out to the support team by sending their inquiries or concerns to the provided email address, which is info@cryptoguru.business.
Phone Support: For those preferring direct communication, Crypto Guru provides phone support with an English contact number: +44 1217909437. Clients can call this number during business hours to seek assistance or discuss their trading-related queries.
Crypto Guru is an unregulated FX broker that was established approximately 1-2 years ago. While it lacks oversight from a regulatory authority, the company offers a range of trading services, including stocks, indices, CFDs, forex, ETFs, and cryptocurrencies. Traders can select from three distinct account types, each with varying minimum deposit requirements, spreads, and leverage ratios, to tailor their trading experience to their preferences. The broker provides customer support through email and phone channels.
However, Crypto Guru's website has faced reported instances of inaccessibility, which may affect traders' ability to access the platform and create trading accounts. This technical issue, coupled with the absence of regulation, may raise concerns about the company's credibility and reliability as a brokerage.
Q: What is Crypto Guru's regulatory status?
A: Crypto Guru operates as an unregulated broker.
Q: How many years ago was Crypto Guru established?
A: Crypto Guru was established approximately 1-2 years ago.
Q: What types of trading assets are offered by Crypto Guru?
A: Crypto Guru offers trading in stocks, indices, CFDs, forex, ETFs, and cryptocurrencies.
Q: How can clients contact Crypto Guru's customer support?
A: Clients can contact Crypto Guru's customer support through email and phone channels.
Q: What is the minimum deposit requirement for Crypto Guru's Bronze account?
A: The minimum deposit for the Bronze account is $250.
Q: Which trading platform does Crypto Guru use?
A: Crypto Guru utilizes the MetaTrader 4 (MT4) trading platform.