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CryptopMarket Review

CryptopMarket

CryptopMarket was an unlicensed Crypto / Forex CFD broker, which opened in February 2018, and is now closed. On February 13, 2020 the FCA warned investors not to use the brokers, read more.

For withdrawal issues and complaints, read this.

CryptopMarket Reviews

CryptopMarket gives their clients and investors a web based trading platform made by TraderSoft. Their software has CFD’s, Crypto Currencies, and Simplified Forex trading, available on hundreds of underlying assets in the markets of Forex, Stocks, Commodities and Market Indices.

As with many CFD brokers, the difference is the level of leverage offered on the various underlying assets. Bitcoin CFD trading is available for example, at a 1:10 leverage with spreads of $130.

The minimum deposit for a basic fixed spread trading account is $250. This broker does not offer MT5 or mobile apps, you can only use their web based trading software.

WARNING!!! CryptopMarket is NOT Licensed by FCA or ASIC

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CryptopMarket Forex Brokers Trading Platform

Is CryptopMarket a Licensed Broker?

No, CryptopMarket is not a licensed broker.

CryptopMarket is operated by Melgreg Services OU, located at: Harju maakond, Tallinn, Kesklinna linnaosa, Hobujaama tn 4, 10151, Estonia. Their phone number in United Kingdom is: +44 203 966 0001. Customer support email address is: [email protected]. The official website was at: CryptopMarket.com, but has now moved to https://www.cryptop-market.com/.

When the Scam Broker Investigator reviews a new Forex broker, the best way to know if they are a legitimate broker is by checking for a valid license. Many Forex brokers are licensed by a local regulator like ASIC in Australia, FCA in the United Kingdom or by FSB South Africa.

Smart traders always verify that the broker they are going to invest with, is also licensed in their local country. You can find a list of all the popular Forex brokers here.

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What was your trading experience with CryptopMarket like? Please leave your review in the comments below.