CryptoKartal was an unregulated Forex & Stocks CFD broker that opened in November 2018, and is now closed.
For complaints and withdrawal problems, read this article.
CryptoKartal Reviews
Investors at CryptoKartal will find the new Leverate Activ8 web-based CFD trading platform. This trading software is very easy to use and simple for beginner investors and day traders. You can select the leverage amount you would like to use, your Stop Loss, and Take Profit amounts. Also available is the generic Activ8 Mobile App for iPhone and Android.
There are hundreds of underlying assets available for CFD stock trading. All major and minor currency pairs are available, plus you can trade Crypto Currency CFD’s on Bitcoin, along with CFD’s on shares of Cannabis Stocks.
When we did a search for a couple of the popular stocks, we they were not listed. Leverage is available of 1:200 on BTC/USD, but their spreads are $100 wide. You can find brokers with tighter spreads, see here.
The Bonus Money Scam
At this broker, they offer new clients a 10% – 50% welcome bonus when you open an account. New investors who have never traded before, should read the terms and conditions, before accepting a bonus! Usually, brokers require massive trading volumes, before you can withdraw your money.
We have received many complaints from traders about withdrawal problems, which comes because of bonus money.
CryptoKartal License Check
CryptoKartal is not a licensed broker. According to their terms and conditions page, they are based in Estonia.
CryptoKartal is owned and operated by Elmond Enterprise Ltd, which is located at: Griffith Corporate Centre, Suite 350, P.O. Box 1510, Beachmont, Kingstown, St. Vincent and the Grenadines. Also listed as owners is: Fukazawa Partnership OU, which is based in Estonia. Customer support email address is: [email protected]. Official website was at cryptokartal.com, and now moved to https://cryptokartal.co/.
Scam Broker Investigator reviews hundreds of online Forex brokers, to see if they are a legitimate brokers or a scam brokers. The one thing we check to see is if the broker is licensed and regulated. Using a licensed broker means that your funds are usually insured by the government regulator, and held in segregated bank accounts.
If you are interested in investing with a licensed stock broker, go look at the list of regulated brokers, look here.
Compare Brokers
Most new investors will choose an established Forex broker, before using an offshore broker.
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