Criteria

Aspect	Information
Company Name	Criteria
Registered Country/Area	Argentina
Founded Year	2022
Regulation	Not regulated
Market Instruments	Forex, CFDs on stocks, indices, commodities, cryptocurrencies
Account Types	Standard, VIP
Minimum Deposit	$50
Maximum Leverage	Up to 1:500
Spreads	Starting from 0.3 pips
Trading Platforms	MetaTrader 4, cTrader
Customer Support	Phone, Email（contacto@criteria.com.ar）
Deposit & Withdrawal	Credit/Debit Cards, Bank Transfers, E-wallets
Educational Resources	Lack of comprehensive materials

Overview of Criteria

Criteria, an emerging player in the financial market, operates out of Argentina since its inception in 2022. Not regulated by any overseeing authority, the platform offers an array of trading options across multiple instruments, including Forex, CFDs covering stocks, indices, commodities, and cryptocurrencies. Traders can opt for either Standard or VIP accounts with a relatively low minimum deposit requirement of $50, offering leverage of up to 1:500 and competitive spreads starting from 0.3 pips.

The trading experience is facilitated through user-friendly platforms like MetaTrader 4 and cTrader. Customer support is accessible via phone, email, and a physical address, while deposits and withdrawals can be conducted conveniently through credit/debit cards, bank transfers, and e-wallets.

Is Criteria legit or a scam？

Criteria operates without regulation, which raises concerns about transparency and oversight within the exchange. Unregulated platforms lack the vital oversight and legal protections offered by regulatory authorities. This absence can heighten the risks of fraudulent activities, market manipulation, and security breaches. Users might encounter challenges in addressing issues or resolving disputes due to the absence of regulatory backing.

Moreover, the lack of oversight contributes to a less transparent trading environment, making it arduous for users to evaluate the exchange's legitimacy and reliability

Pros and Cons

Pros	Cons
Wide range of trading assets available	Absence of Regulation
Diverse Payment Methods	Lack of Educational Resources
Low Minimum Deposit	Limited Customer Support Options
Competitive Spreads	Restricted Market Instruments

Pros:

• Wide Range of Trading Assets: Criteria offers a diverse selection of trading assets, including forex, CFDs, stocks, and commodities. This variety allows traders to explore multiple markets and diversify their portfolios, potentially maximizing their investment opportunities.

• Diverse Payment Methods: Criteria provides various payment options, from credit/debit cards to e-wallets and bank transfers. This diversity caters to different preferences and allows users to choose the most convenient and suitable method for their transactions.

• Low Minimum Deposit: With a low minimum deposit requirement, Criteria allows traders to start with a small investment, making it accessible for beginners or those who prefer to begin with lower capital.

• Competitive Spreads: The platform offers competitive spreads, starting from 0.3 pips, enhancing the potential profitability of trades by minimizing the cost of transactions.

Cons:

• Absence of Regulation: Criteria operates without regulation from any regulatory authority. This lack of oversight might raise concerns about transparency, investor protection, and the overall safety of trading on the platform.

• Lack of Educational Resources: The platform lacks comprehensive educational materials such as guides, video tutorials, webinars, or blogs. This deficiency can make it challenging, especially for new users, to grasp the platform's functionalities and understand cryptocurrency trading, potentially leading to errors or losses.

• Limited Customer Support Options: Criteria might have limited customer support channels available, which could affect the efficiency of addressing user queries or concerns.

• Restricted Market Instruments: The range of available market instruments on Criteria might be limited compared to other platforms. This limitation could impact the diversity of trading options available to users.

Market Instruments

Criteria offers a diverse range of trading assets across various categories:

1.Forex: Criteria allows trading in the foreign exchange market (Forex) with major and minor currency pairs. This includes pairs like EUR/USD, GBP/JPY, and more.

2. CFDs on Stocks: Criteria provides Contract for Difference (CFD) trading on stocks, enabling investors to speculate on the price movements of individual company stocks without owning them outright.

3. CFDs on Indices: Trading Contracts for Difference on indices allows users to speculate on the performance of stock market indices like the S&P 500, FTSE 100, or NASDAQ.

4. CFDs on Commodities: Criteria enables trading in commodities via CFDs, allowing investors to trade on the price movements of commodities like gold, silver, oil, and more.

5. Cryptocurrencies: Criteria offers trading in various cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), and other popular digital assets.

These diverse market instruments cater to different trading preferences and strategies, allowing traders to access multiple markets within a single platform.

Account Types

Criteria offers two types of trading accounts: Standard Account and VIP Account. Both accounts offer attractive trading conditions and provide a wide range of base currencies to suit the preferences of different traders.

The Standard Account at Criteria offers leverage of up to 1:500, competitive spreads starting from 0.3 pips, and charges a commission of $2 per lot. With a minimum deposit of $50, this account provides swift withdrawal processing within 24 hours.

On the other hand, the VIP Account provides enhanced features, including leverage of up to 1:1000 and even tighter spreads than the standard account. The commission is negotiable, and the minimum deposit is set at $1000.

Account Type	Leverage	Spreads	Commission	Minimum Deposit
Standard	Up to 1:500	From 0.3 pips	$2 per lot	$50
VIP	Up to 1:1000	Tighter than standard	Negotiable	$1,000

How to Open an Account？

Here are six steps to guide you on how to open an account with Criteria AN S.A.:

1.Visit the Website: Go to Criteria AN S.A.'s official website.

2. Account Registration: Look for the “Sign-Up” or “Register” option on the website. Click on it to start the registration process.

3. Fill in Personal Information: Complete the registration form with your personal details. This might include your full name, email address, contact number, and residential address.

4. Choose Account Type: Select the type of account you wish to open. Criteria AN S.A. might offer various account options based on trading preferences and experience levels.

5. Provide Verification Documents: Upload the required identification documents for verification purposes. This might include a government-issued ID, proof of address, and possibly financial information depending on regulatory requirements.

6. Fund Your Account: Once your account is verified, proceed to deposit funds into your trading account using the available payment methods provided by Criteria AN S.A.

Always make sure to review and understand the terms and conditions associated with opening an account with Criteria AN S.A. before proceeding with the registration process.

Leverage

Criteria offers a maximum leverage of up to 1:500 for their Standard Account. For the VIP Account, the leverage extends to a higher ratio, reaching up to 1:1000. This leverage allows traders to amplify their positions significantly in the market, potentially increasing both profits and risks associated with trading.

Spreads & Commissions

Criteria provides competitive spreads and commissions for their trading accounts. The Standard Account offers competitive spreads starting from 0.3 pips, ensuring traders access to favorable pricing when executing trades. This account incurs a commission of $2 per lot traded.

In contrast, the VIP Account offers even tighter spreads than the Standard Account, enhancing the trading environment for users seeking more favorable pricing. Additionally, the commission for the VIP Account is negotiable, offering potential cost savings based on trading volumes or negotiations with the platform.

Trading Platform

Criteria offers a mobile application(Criteria Digital) that puts investment control at your fingertips. With it, you can monitor your investments in real-time from anywhere. This application allows you to explore new investment opportunities, expanding your possibilities and directly managing your accounts. It facilitates fund management, enabling quick and easy deposits, withdrawals, subscription, and redemption of investments. Additionally, it keeps you updated on asset evolution, comparing them to their historical performances for more informed decision-making.

Deposit & Withdrawal

Criteria offers a diverse array of payment options to accommodate various preferences and banking choices. Whether you favor traditional bank transfers or prefer the speed and flexibility of e-wallets, the platform provides a suitable method for you. Popular choices include credit/debit cards like Visa, Mastercard, Maestro for instant transactions, reliable bank transfers with wider deposit amounts, and speedy e-wallets such as Skrill, Neteller, and Perfect Money. Local payment processors like Boleto in Brazil or PayU in Latin America might also be available, ensuring a method aligned with your preferences and region.

Minimum Deposit:

Recognizing the diverse needs of traders, Criteria offers a low minimum deposit of $50. This flexibility allows users to ease into the trading environment, gain familiarity with the platform, and initiate trades with minimal initial investment. Whether you're a novice or an experienced trader, this option enables you to enter the market comfortably and adjust your investment according to your confidence and strategy.

Customer Support

Criteria's customer support is comprehensive and accessible, offering multilingual assistance via phone, email, and physical address. With their office in Buenos Aires, Argentina, clients can seek direct assistance, enhancing accessibility and trust. The provided telephone contact (+54 11 5277 4201) ensures immediate support, while the email contact(contacto@criteria.com.ar) allows for detailed inquiries. This multi-channel approach demonstrates their commitment to client satisfaction, providing responsive and diverse means for users to address their queries or concerns efficiently.

Educational Resources

Criteria faces a challenge in providing comprehensive educational resources, impacting new users' ability to navigate the platform and grasp cryptocurrency trading concepts. The absence of essential resources like a detailed user guide, video tutorials, live webinars, and insightful blogs hinders the learning curve for new users. This limitation in educational offerings could result in users facing difficulties in using the platform effectively, potentially leading to errors and financial losses. Such challenges may deter newcomers from engaging actively in trading activities.

Conclusion

Criteria presents itself as a platform offering a diverse array of trading assets and payment methods, fostering accessibility and versatility for traders. The competitive spreads and low minimum deposit further enhance its appeal, catering to both beginners and seasoned investors.

However, the absence of regulation poses potential risks concerning transparency and investor protection. The lack of comprehensive educational resources and potentially limited customer support options might hinder new users' learning curve and overall trading experience. Therefore, while Criteria provides a broad spectrum of trading opportunities, users should consider the platform's drawbacks before engaging in trading activities.

FAQs

Q: What is the minimum deposit required on Criteria？

A: The platform sets a low minimum deposit of $50 to start trading.

Q: What trading assets are available on Criteria？

A: Criteria offers a wide range of assets, including Forex, CFDs on stocks, indices, commodities, and cryptocurrencies.

Q: Are there any fees for deposits on Criteria？

A: No, Criteria does not charge any fees for deposits regardless of the chosen payment method.

Q: How long does it take for withdrawals to process on Criteria？

A: Withdrawals on Criteria are typically processed within 24 hours, providing swift access to your funds.

Q: Does Criteria offer educational resources for new traders？

A: Unfortunately, Criteria lacks comprehensive educational materials, which might pose challenges for new users.

Q: What support options are available on Criteria？

A: Criteria provides customer support via email (contacto@criteria.com.ar) and a physical address but might have limited customer support options compared to some platforms.