Crystal Ball-Overview of Minimum Deposit, Leverage, Spreads

Crystal Ball Markets Information

Crystal Ball Markets is an online platform specializing in foreign exchange (FX) and contract for difference (CFD) trading, offering the Mobius Trader 7 trading platform. Additionally, the platform provides various types of trading accounts, allows trading of multiple financial instruments, and offers multiple deposit and withdrawal methods to facilitate fund management for traders.

Pros and Cons

Is Crystal Ball Markets Legit?

Crystal Ball Markets is unregulated and has low security, even though it claims to comply with the regulations of the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) for foreign exchange and virtual currency transactions (MSB Number: M21983070).

What Can I Trade in Crystal Ball Markets?

Account Type

The platform offers three types of trading accounts, including:

Micro Account, suitable for novice traders to get familiar with the market and practice strategies.

Standard Account, designed for experienced independent traders.

PRO ECN Account, specially created for professional traders, offering institutional-level liquidity and zero spread advantages.

Leverage

The platform offers high leverage ratios, with the maximum leverage of 1:1000 for micro accounts and 1:500 for standard accounts and PRO ECN accounts.

Crystal Ball Markets Fees

The spreads vary among different account types, ranging from 0 to 1.9 pips. The PRO ECN account offers a spread of 0 pips. If an account remains inactive for 12 consecutive months, it will be marked as dormant, and third-party fees may be charged for withdrawals after reactivation.

Trading Platform

Mobius Trader 7 (MT7) is the core trading platform of Crystal Ball Markets. Developed for web-based use, it requires no downloads and is compatible with PC, Mac, tablets, and mobile phones, enabling users to trade anytime, anywhere.

Deposit and Withdrawal

Deposits

The platform supports multiple deposit methods:

Instant availability: Visa, Mastercard, Perfect Money, and cryptocurrencies (after blockchain confirmation).

3-10 business days: Bank transfers. The platform does not charge deposit fees, but third-party institutions may impose charges.

Withdrawals

Within 24 hours: Perfect Money and cryptocurrencies.

3-10 business days: Visa, Mastercard, and bank transfers. Similarly, the platform does not charge withdrawal commissions, but third-party fees may apply.