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CryptoTrade

Item: CryptoTrade
Rating: 1.24

United Kingdom|1-2 years|

Suspicious Scope of Business|High potential risk|

https://www.cryptotrade230.com

Website

Open Account Time Machine

Rating Index

Contact

support@cryptotrade230.com

https://www.cryptotrade230.com

1 FRONT ST W, TORONTO, ON M5J 2X5, CANADA

Licenses

No valid regulatory information, please be aware of the risk!

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40G

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Warning: Low score, please stay away!

Previous Detection : 2024-11-23

It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

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CryptoTrade · WikiFX Survey

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CryptoTrade · Company Summary

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

CryptoTrade Information

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 and Cons

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

Is CryptoTrade Legit?

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.”

What Can I Trade on CryptoTrade?

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	❌

Account Types

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

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

Deposit and Withdrawal

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