Buycryptomarkets Review

buycryptomarkets is a global forex and CFD broker with trading platforms that is suitable and fully functional for all devices.

This is a good option for all levels of traders, although the product portfolio is average, and there is an inactivity fee to be aware of.

Initially formulated in 2023 to provide a robust forex trading platform, buycryptomarkets offers to include CFDs, indices, shares, commodities, and cryptocurrencies.

buycryptomarkets has several trading tools and features designed to make your trading experience as smooth as possible. The trading platform has been heralded as a simple and convenient platform without losing the functionality you would find at MetaTrader 4. Some education is also available through the trading platform, and highly responsive customer service is available 24 hours a day.

Please read my full buycryptomarkets review for further details of this forex broker so you can decide whether buycryptomarkets can meet your needs.

Who is buycryptomarkets?

buycryptomarkets is a global forex, spread betting, and CFD online broker. buycryptomarkets is an online Crypto and Forex Broker providing traders across the globe with cutting-edge technology to trade the world’s markets. In a continuous effort to give their traders a more comfortable and safe trading experience, their experts have been improving their service and solutions ensuring traders have the freedom to trade whenever and wherever they like.

buycryptomarkets product range overview

The product range at buycryptomarkets is average compared to other brokers. They offer a solid selection of currency pairs and CFDs, no futures CFDs, and an average number of commodity and stock index CFDs. additionally, they do offer leverage trading on the main cryptocurrencies.

Forex trading

More than 50 Forex pairs are available at buycryptomarkets with no commission and some of the tightest spreads in the industry.

Indices and Financial Trading

Indices and financial CFDs have flexible margin requirements and low spreads, representing some of the industry’s best spreads. There are no overnight or hidden fees of any description to worry about.

Commodities Trading

At buycryptomarkets, there are several commodity CFDs, including metals and energies.

Share CFDs Trading

Trade more than 100 company shares without ever owning the underlying security. At buycryptomarkets, you can access global stock exchanges with the option to go long and short and benefit from leverage. For non-leverage trading, there is zero commission.

Buycryptomarkets Accounts

There are a few trading account options at buycryptomarkets.  there is not a lot of info concerning this till you are actually in the registration process.

the only thing you should know is that the minimum deposit for opening an account is only $250.

Variety of Trading Accounts

No matter your trading exposure, you deserve an opportunity to trade in CFDs. With access to multiple trading account types, you can choose the right account for yourself and start performing trades in multiple CFDs.

The more experience you gain in the online trading market, the higher trading account you can adopt to trade in more challenging environments. If you are a beginner, start by making a minimum deposit of $250 to trade with a basic account.

Buycryptomarkets  web trading platform

The web platform allows you to place trades directly from your web browser in an easy-to-use interface that is customisable and available in several languages. The web trading platform falls short because of its lack of social trading; however, it is well-designed with several useful features.

There is a two-step login for additional security, and you can search for an asset using its name or by category. Order types include:

• Market order
• Limit order
• Stop order

I was impressed with both the portfolio and fee reports which were comprehensive and easy to use, with clear information on commission, swap fees, and performance.

There are also the following useful features available on the trading platform:

Trailing stop

Trailing the position of a current price can then trigger a stop order as the price reaches a predetermined distance from a stop order. It works similarly to a stop order but in a more controlled way that aligns with movements in the market.

Market Sentiment

This allows you to closely monitor movements in the market using data from other traders concerning a specific instrument.

Hedging

This allows you to mitigate risks by investing in the same product in a different direction.

Charts

Real-time charts provide up-to-the-moment information, including historical trends, forecasts, and current trends.

Buycryptomarkets mobile trading platform

The mobile trading platform is in keeping with the web trading platform, with much of the same functionality. 

The actual design is well laid out and easy to use with customizability. I found the mobile app fast with personalised watch lists and the ability to open positions directly from real-time charts.

There are price alerts that include statistical alerts, which can be monthly or yearly for currency pairs, indices, etc. Clicking on the alert will automatically open the app on the instrument.

buycryptomarkets customer service review

Customer service is excellent at buycryptomarkets, with immediate response times across multiple channels.

There are several channels for contacting customer support, including phone and email. When I tested their service, my query was dealt with immediately without even the intervention of a chatbot. The service provided via email and phone was similar, with fast, relevant responses to my queries. Customer service is provided 24/5, which is above average.

buycryptomarkets is opening an account.

The account opening process is straightforward, fully digital and quick. You will need your ID.

To open your account, you should first decide on the account type you wish to open

Then you can follow these quick and easy steps:

• Select your country of residence
• Add personal information, including name and email address
• Choose a password
• Enter your home address and tax residency
• Complete some simple questions relating to your trading experience
• Fill in information about your personal finances, such as income savings and employment status
• Select your base currency
• Upload your ID documentation and proof of address, such as a utility bill or bank statement.

buycryptomarkets Deposit and Withdrawal

Deposits and withdrawals and essentially free, and the minimum deposit is high compared to what you would find at other brokers.

Before making your first deposit, you will need to choose between the following base currencies:

EUR, USD, GBP

Deposit options include:

1. Bank transfer
2. Credit and debit card
3. Cryptocurrency

The minimum deposit is $5000, which is higher than other brokers. There are no fees should you choose to deposit via bank transfer from your bank account.

Bank transfers take several business days.

Withdrawals can be made using the same methods accepted for deposits, and there are no withdrawal fees for electronic wallets and credit/debit cards. 

buycryptomarkets safety

buycryptomarkets is not regulated by the Financial Conduct Authority (FCA) but is performing full due diligence to comply with AML regulations.

In addition, all client funds are held in segregated bank accounts to protect those funds should buycryptomarkets go bust.

The buycryptomarkets negative balance protection protects client funds should their balance go negative.

buycryptomarkets fees

buycryptomarkets has low CFD and forex fees and average non-trading fees.

Fees can be separated into two main categories for a CFD and forex broker: trading and non-trading fees.

Trading fees

The trading fees will vary depending on the financial instruments you are trading within each asset class. Trading fees can be charged as a spread, a commission, or a financing rate.

Spreads differ between the bid and ask price for a foreign currency price. Here’s how buycryptomarkets spreads compare against some other forex brokers:

Non-trading fees

buycryptomarkets has low non-trading fees as they do not charge deposit and withdrawal fees, and there is no account fee.

Inactivity fees are charged. There are inactivity fees to be aware of. However, these will only kick in once your account has been inactive for several months and you have a positive balance.

Who is buycryptomarkets suitable for?

buycryptomarkets is suitable for all levels of traders looking for a solid trading platform and very competitive spreads.

The selection of account types is aimed at both retail and professional investors.

Forex Risk Disclaimer

There is a very high degree of risk involved in trading securities. Concerning margin-based foreign exchange trading, off-exchange derivatives, and cryptocurrencies, there is considerable exposure to risk, including but not limited to leverage, creditworthiness, limited regulatory protection, and market volatility that may substantially affect the price or liquidity of a currency or related instrument. It should not be assumed that these products’ methods, techniques, or indicators will be profitable or will not result in losses.

equaledge Review

equaledge.co

equaledge is a unregulated broker based in Kingstown St. Vincent and the Grenadines. They offer a fantastic selection of over 400+ trading instruments with very competitive trading conditions including reasonable spreads and minimal trading fees. You can get straightforward access to the markets via user-friendly platforms with a relatively high minimum deposit fee of $5000. Alternatively, they do provide free demo accounts if you want to practice your trading skills before making a financial commitment. You will find plenty of tools for assisting with your market analysis so you can pinpoint trading opportunities and make informed decisions.

I like how they are an experienced broker with a dedicated premium relationship management team to help guide you along the way. If you are a trader and want to trade in a professional environment across all of your devices, I think they are certainly worth consideration.

equaledge Trading platforms

Pros & Cons

Pro’s

• Large choice of more than 400 trading instruments
• Trade on 40+ forex pairs with spreads from 0.8 pips
• Invest in the world’s largest indices and more
• Explore European and US shares CFDs
• Cutting edge platforms suitable for all types of traders
• Choose from and trade a wide range of both soft and hard commodities
• Good variety of quick and easy payment options
• Free demo accounts available to practice trading
• Excellent customer support

Con’s

• Clients from a few countries are not accepted
• No daily market analysis to inspire trade ideas
• Market maker broker means they don’t have the lowest spreads
• Only provide support during office hours
• Inactivity fees apply
• Not regulated

Summary

equaledge is a online brokerage where you can open an account to trade shares, indices, forex, commodities and more. Equaledge was launched in 2023 as to satisfy demand for a fast, professional and easy-to-use online spreads trading platform. With a quick registration process and friendly website, equaledge soon will become a prominent player in the financial trading sector.  equaledge.com, a powerful, advanced trading platform with a fresh new feel.

The broker offers a very impressive selection of more than 400 financial instruments for online trading via its cutting edge trading platforms. I found the spreads to be very good and trades executed swiftly. On its proprietary platform, there are plenty of powerful trading tools available to you for analysing the markets and to manage your trade positions.

Funds

Client funds are kept in segregated bank accounts held with the top-rated banks. This helps to ensure that they are not used for any other purposes such as business running costs.

‘Know Your Customer’ (KYC) verification is carried out on every client. This procedure entails uploading a ‘government issued id card’ and ‘a utility bill’. This is a regulatory requirement and it is important in order to identify every client to ensure that illegal acts like money laundering, financing terrorism, etc, are not carried out on the pretext of forex or CFD trading.

Countries

equaledge does not accept clients who are residents of the United States, Belgium, NKorea, Singapore or any particular country where its services will be contrary to the local law or regulations.

Equaledge.co Trading Platforms

You can enjoy a seamless trading experience wherever you are with a powerful and advanced trading platform from equaledge. You can get the full functionality with all the bells and whistles using the desktop platform or download the equaledge mobile platform and trade market moves as they happen from the palm of your hands. I personally find the desktop platform ideal for when I need to conduct detailed chart analysis but like the convenience of the trading app for keeping track of my account and the latest market news whenever I feel like it. Either way, I think the platforms are very user-friendly and provide everything you need for trading online without any hassle.

equaledge Platform

This is the proprietary trading platform from equaledge. This intutive platform is web based which makes it convenient as it requires no downloads or installations. It is also versatile because it runs across all operating systems and comes with useful market analysis and trading tools. You can analyse markets using a multitude of indicators and drawing tools across various chart types. I like how you are able to create your own watchlists and set price alerts to keep track of the markets you follow and trade. It is flexible as you are able to customise and save up to 10 unique workspaces with the chart views and time frames that you need, when you need them. The intuitive trade tickets make it simple to set up and understand your Stop and Limit levels for neccesary risk management.

cryptocurrencies trading

Tools

The equaledge platforms come fully loaded with more tools than most of you will ever need. The abundance of built-in indicators and other useful tools, it is nice to see that equaledge have a few more to improve your trading possibilities.

Markets

There is a great selection of more than 400 trading instruments for you to choose from. I think there should be enough to build a diverse portfolio for anyone, regardless of your interests.

Forex Trading

Trade forex with 45+ majors, minors, and exotics with spreads as low as 0.6 pips. FX is traded in pairs, where one will rise (or fall) in value against the other.

Indices Trading

Invest in the world’s largest indices. An index measures the performance of a group of companies, typically weighted by market capitalization.

Shares Trading

Explore 10s of European and US shares CFDs. Shares CFDs give traders a way to speculate on the value of publicly listed companies without needing to physically own stocks.

Commodities Trading

Choose from and trade a wide range of both soft and hard commodities ranging from traditional markets like gold and oil, to wheat, cotton, and even orange juice.

Accounts

I found the broker to provide transparent and fair spreads across all markets. They only offer five account types which are based on investment amount. You can choose between the different account buy simply  investing a different amount. Inactivity fees are charged from accounts that have been dormant for 6 months and above. The fee is charged monthly until the account is depleted or the client begins trading again. They don’t provide spreads from 0.0 pips so might not be ideal for those of you who are planning to use scalping systems.

Support

The equaledge customer service team works during office hours CET time from 8:30 am to 9:00 Mondays to Fridays. The team can be reached on various phone numbers and emails. . I think they could improve by adding live chat support as I often find this to be the quickest way to speak with someone.

But they offer to chat direct to their support through WhatsApp +447835182154

Alternatively, you can explore the most frequently asked questions on everything from setting up your account, to getting more out of the platforms and tools, or send them an email through [email protected]

Funding

This is an aspect of the broker I was also impressed by. I like how they have a good variety of quick and easy account funding options for you to choose from. This includes digital wallets which I find to be the most convenient for moving funds around between my trading account.  Withdrawal requests received before 2pm are attempted to be processed on the same working day. Just keep in mind that they do not accept third party deposits. All deposits must emanate from the same name on the trading account.

Bank Transfer

Take 3-7 days for the funds to reach equaledge bank accounts.

Credit/Debit Cards

Deposits made by cards are processed instantly. But, card withdrawals can take up to 7 days depending on the location of the client and the card processors.

Online Payments

Deposits are processed instantly while withdrawals take up to 24 hours.

Cryptocurrency

Payment is processed within 2 hours.

Conclusion

equaledge is a online broker that offers Hundreds of tradable assets to its clients via its flexible and sophisticated trading platform. The Brand abide by the regulatory rules which include account segregation, digital security, client verification without actually being regulated.

The wide array of tradable assets on the broker’s platforms is impressive at over 400. It is an outstanding platform replete with essential trader tools for conducting comprehensive market analysis. Their trading platform very popular and widely accepted by professional traders across the globe. You can seamlessly access your account and trade between all of your devices.

However, in the area of market news and analysis, I think the broker is lacking behind when compared to other top-rated brokers. There is limited expert analysis, daily insights and trading ideas. Trading accounts are limited with no mini/micro accounts for testing the real trading conditions but free demo accounts are available. I didn’t find the spreads to be the lowest but it is worth considering there is no commission fee on trades. There is also an inactivity fee to be aware of and funding without any fees is limited.

Overall, I think they can be a good choice of broker for anyone who is looking for easy market access  with decent trading conditions and excellent customer support.

Forex Risk Disclaimer

There is a very high degree of risk involved in trading securities. Concerning margin-based foreign exchange trading, off-exchange derivatives, and cryptocurrencies, there is considerable exposure to risk, including but not limited to leverage, creditworthiness, limited regulatory protection, and market volatility that may substantially affect the price or liquidity of a currency or related instrument. It should not be assumed that these products’ methods, techniques, or indicators will be profitable or will not result in losses.

Introduction to Exallt Review 

Let us start from the beginning. People should remember that Exallt offers many investment tools in the capital markets. Creating a portfolio with cryptocurrencies, stocks, commodities, ETFs, and more is possible.

It is a new brokerage that has just opened its door. That said, Exallt Live can offer exemplary services and products.

To get more details, proceed with Exallt review. The next sections will provide a detailed professional analysis of the broker and its offerings.

Exallt Trading Products and Interesting Details

Commodities

Explore top commodities, trade what you want, when you want.

Explore trending commodities such as gold, silver, oil, and others, use innovative tools and make informed trading decisions at Exallt. Benefit from advanced charting and analysis as well as ultra-fast transaction processing. Exallt delivers a trading environment that helps investors to grow.

Interestingly, it is possible to trade different types of commodities. For example, oil and natural gas. Moreover, precious metals such as gold and silver.

Forex

Forex trading is made simple by Exallt.

Forex is the most traded market in the world. It is a decentralised global market for the trading of currencies. The most popular FX pairs involve major international currencies and experience the highest trading volumes and liquidity. This market determines foreign exchange rates for every currency.

Indices

Expand your trading opportunities. Trade the most popular indices at Exallt!

Indices are another in-demand trading asset. An index measures the performance of a group of stocks, bonds, or other assets. By trading indices, you can gain exposure to a wide range of assets without buying them individually. Most index trading is done with financial derivatives like CFDs. This makes it an ideal way to diversify your portfolio and manage risk.

Stocks

Trade stocks at Exallt.

Exallt is about making stock trading easier. Get real-time access to stocks from top exchanges of the world. Diversify your portfolio with a large variety of leading global stocks. Stock trading ensures two ways of earnings: through capital appreciation or dividend payments. This market features the potential for the highest returns.

Cryptocurrencies

Exalt – the easiest and the most secure way to trade cryptocurrencies.

If you can time the market right, trading cryptocurrencies gives you much higher returns than traditional investments. It minimizes risk as you speculate on the rise and fall of the market without owning the asset. Being decentralised, cryptocurrencies allow for more freedom in trading, as there are no restrictions on how much can be traded or how often.

range of markets

Exallt and its Trading Platform

It is hard not to mention its platform. Hopefully, it is quite easy to use the platform. 

As a reminder, trading is simple. The first step is to select an asset. All users have to do is click on the “asset” tab on the platform. They need to choose a preferred asset from the extensive tradable asset selection offered by the firm.

The next step is deciding on the amount a trader wants to invest in any trade. Unsurprisingly, the higher the investment, the higher the potential rewards.

Moreover, deciding whether to go short or long on their preferred asset is important. Advanced charts, graphical trading tools, technical indicators, and live analysis help to make an informed decision on probable future price movements.

It is important to remember about risk factors. When a trade position opens, customers should protect their positions from market risks. Customers should use Stop Loss and Take Profit orders. Thanks to Stop Loss orders, it is possible to reduce potential losses. Moreover, Take Profit orders allows users to lock in their profits.

Users should remember that Stop Loss and Take Profit orders will automatically close their positions when triggered.

Exallt trading platform for all devices

Exallt and Education

Hopefully, Exallt Live offers interesting information. It is desirable to read every chapter of the guide. Moreover, people will find this guide brimming with information for their financial education. Furthermore, Exallt ’s goal is to educate investors and bring transparent investing to anyone who wants it, not just the elite.

Security Of Funds

RISK MANAGEMENT

Exallt continually detects, assesses, monitors, and controls each risk associated with platform users’ trading transactions, operations, and actions. This means that they continuously evaluate the effectiveness and compliance of the policies, approaches, and procedures. Such a system approach allows Exallt to cover its financial needs and capital requirements quickly.

SEGREGATED ACCOUNTS

Exallt is incredibly proud of ensuring the ultimate protection of clients’ funds. They apply a model that keeps our clients’ funds separate from the company funds. In the unlikely event that Exallt would ever enter liquidation, the clients’ funds are wholly segregated off the balance sheet and cannot be used to cover the company’s debts and pay back creditors.

REACHING THE TOP EU BANKING INSTITUTIONS

Exallt attentively chooses the financial services to partner with. Exalt needs additional facilities to support and conduct transactions. They partnered with payment service providers to work with numerous banks worldwide, including central tier-one banks such as Barclays, HSBC & Deutsche Bank. Rest assured, the security of Clients’ funds, alongside Execution and Customer support, forms the essential focus of Exallt’s activity.

Exallt Review: Conclusion

As can be seen from the review of Exallt , it makes sense to cooperate with this firm. . Moreover, its website provides many interesting details, and it is desirable to have a look through their website to see how well Exallt suits you.

We strongly hope that this Exallt review will give you accurate information about the broker enabling you to make the right decision of choosing this broker.