Currency.com Review 2024
Minimum
deposit:
  • 0.002 BTC

Trading platform:

  • Proprietary platform

Currency.com Review 2024

Updated:
Updated: October 06, 2023

1.57

/

10

TU Overall Score
The purpose of creating the TU Overall Score is to make the search for secure and reliable brokerage companies easier for the visitors of our website. We believe that it is a very important mission as, unfortunately, not every company in the financial industry is worthy of trust.

According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
Minimum
deposit:
  • 0.002 BTC

Trading platform:

  • Proprietary platform
Trading features:
  • Fiat currencies can be exchanged and withdrawn to a card or bank account

Summary of Currency.com Crypto Exchange

Currency.com is a high-risk cryptocurrency exchange with the TU Overall Score of 1.57 out of 10. Having reviewed trading opportunities offered by the company and reviews posted by Currency.com clients on our website, Traders Union expert Anton Kharitonov does not recommend working with this broker, as, according to reviews, most clients are not satisfied with the broker. Currency.com ranks 191 among 173 companies featured in the TU Rating, which is based on the evaluation of 100+ criteria.

Currency.com is among the most popular cryptocurrency exchanges with comfortable trading terms. The cryptocurrency exchange allows you to implement a wide range of strategies for trading cryptocurrencies with high-income potential due to its large leverage and well-thought-out risk diversification system.

NOTE!

If you are planning to trade cryptocurrencies, and not just keep your savings in crypto wallets, we recommend that you choose one of the top brokers with reliable regulation and access to trading crypto CFDs. This type of trading will help you avoid holding your cryptocurrency in e-wallets of exchanges, which quite regularly get hacked. Also, availability of leverage will allow you to trade crypto CFDs for amounts much higher than your deposit.

Traders Union experts recommend considering Top 3 companies from our rating:

Start Trading with RoboForex
Your capital is at risk.
Editorial Note: We are unable to verify the validity of reviews and publish all reviews, both positive and negative, in accordance with the Users Reviews Policy.

Currency.com is a unique crypto platform for Bitcoin, Litecoin, Ethereum, and other assets trading. Traders have a lot of cryptocurrencies and tokens at their disposal, which can be freely transferred and converted, as well as exchanged for fiat funds. The exchange complies with International AML and KYC standards, offers narrow spreads and competitive commissions. There are affiliate and referral programs, as well as the possibility of investment in the company’s tokens and tokenized government bonds. There is mobile trading in addition to web applications. The platform is characterized by powerful analytical tools.

💰 Account currency: XBT
🚀 Minimum deposit: 0,002BTC
⚖️ Leverage: Up to 1:500
💱 Spread: 0.75%
🔧 Instruments: Cryptocurrencies, currencies
💹 Margin Call / Stop Out: No

👍 Advantages of trading with Currency.com:

  • a large number of assets;
  • free exchange of cryptocurrencies for fiat funds;
  • several dozen technical indicators for charts;
  • trading with leverage up to 1:500;
  • protection from negative balance;
  • high transaction speed;
  • fully functional demo account.

👎 Disadvantages of Currency.com:

  • there is no cold storage method for cryptocurrencies;
  • there are no fiat accounts, no scalping available;
  • long delays during withdrawal of funds.

Evaluation of the most influential parameters of Currency.com

User Satisfaction Customer Satisfaction Score (CSAT) is a unique metric of Traders Union based on the analysis of user reviews posted on pages of each broker profile by the visitors of our website from all around the world. We have been collecting these broker reviews for over 13 years, and therefore, we know and understand the level of customer satisfaction with a specific brokerage company better than anyone else.

0.59

/10

Commissions and fees This parameter comprises a comprehensive analysis of all commissions and fees charged by a brokerage company, including trading and deposit/withdrawal fees. Also specific fees, for example the inactivity fee, are taken into account in the final score for the fees. Users can find detailed fees charged by a company in the broker’s profile.

5.55

/10

Trading instruments For this parameter, we evaluate the number of trading assets a broker offers access to in each group of financial instruments. We analyze the quotes a broker offers on Forex pairs, metals, indices, commodities, stocks, and cryptocurrencies. This parameter also includes evaluation of broker’s investment programs, for example access to copy trading, which we regard as an additional type of a trading instrument.

5.33

/10

Brand popularity Traders Union experts are confident that brand awareness mostly fully reflects the real state of affairs in a company – the more popular the broker, the more people trust it. The score for this indicator is based on the data analysis of such services as Ahrefs and SemRush, which show how often a company’s brand is searched on Google. In addition, indicators of the SimilarWeb service, which show the approximate number of visitors of the broker’s website, are also taken into consideration. We also review disclosed official reports of brokers, which allow for evaluating their client base.

5.49

/10

Customer support The score of this parameter is based on the number of available communication channels of a company’s support service. The quicker and easier it is to contact the broker’s support, the higher the score. We check every available support channel, test the speed of processing of requests and completeness of provided information through several interactions.

5.85

/10

Education This parameter provides an evaluation of a company’s capacity to work with beginners. Only quality training and provision of full and unbiased information can help novice traders and investors minimize the risks of losing money, even when working with top-ranked companies. Brokers with useful educational and informational tools, including webinars, tutorials, podcasts and articles, receive higher scores.

6.07

/10

Geographic Distribution of Currency.com Traders

Popularity in

15.1%
BY
Belarus
10.5%
RU
Russian Federation
10.2%
IN
India
9.5%
US
United States
5.6%
UA
Ukraine
5.5%
VE
Venezuela
4.8%
CA
Canada
4.2%
AE
United Arab Emirates
3.4%
AU
Australia
51.2%
Others
Others

User Satisfaction i

5 comments
Total score:
7.6 /10

Share your experience

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Hansoncype
1 year ago

I earned in a month, withdrew and even managed to spend 3000 bucks with Currency.com. A real exchange that honestly withdraws money! I advise!

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CobrynMurl
1 year ago

Today, Currency.com occupies high positions in the ratings and this is no coincidence. This company was able to prove that it provides favorable and unique conditions for cryptocurrency trading. I chose her, and for six months I have never regretted my choice.

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meihazon65766441
2 years ago

When I wanted to get into cryptocurrency trading, most of the portals and acquaintances unanimously advised Currency.com. And after a while I can say that the broker is really thoughtful: you can first study the materials on trading, then try it on a demo, and then switch to a real account. Fortunately, verification does not take much time, and the deposit here is quite affordable. For starters, ok, although when the withdrawal was delayed, I was worried. It turned out that this is always the case with the conclusion. But there is a commission in Currency.com for both withdrawal and replenishment. This unpleasantly surprised me, but at the same time, I'm already used to Currency.com, the broker is personally verified by me, so I don't plan to work with other brokers for now.

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damon
2 years ago

Currency.com seems to have a good reputation. Reviews about Currency.com can be found everywhere. Basically, focusing on the reviews, I came to this company. Not perfect, but expectations and reality match here. I am not disappointed in the least.

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mcgregor
3 years ago

I really like the fact that the minimum depot at Currency.com is small, everyone can afford to trade here. You can start with a small deposit and learn a little like that, and then you can increase the rates. The broker has not been verified by me yet, but I hope that everything will be ok)

Expert Review of Currency.com

The Traders Union specialists evaluated the cryptocurrency exchange known as Currency.com and noted that it is an advanced representative of its field. The technical side of the platform is perfectly optimized and trades are quickly executed. The software interface is simple but functional. A large number of trading instruments are complemented by a variety of design advantages such as the leverage of 1:500 to a guaranteed stop loss. Due to these points, trading is equally convenient both for novice traders and professionals.

Novice traders who decide to cooperate with Currency.com get conceptual advantages in the form of proprietary training programs and a demo account with full functionality. The Traders Union also draws attention to its high-quality service and round-the-clock technical support that promptly provides consultations and solutions to technical issues.

I will also note the transparency of the platform's activities. The commissions and fee system are clearly introduced on the website in the relevant section. There are no extra payments. You will know all the commissions and fees for each transaction in advance. In general, the platform can be described as friendly. According to the ratio of trading terms, opportunities including investment and affiliate programs are available. This cryptocurrency exchange service is highly recommended for cooperation.

Anton Kharitonov

Anton Kharitonov

Financial expert and analyst at Traders Union

Dynamics of Currency.com’s popularity among
Traders Union’s traders, according to 2023 data

Logo TU
20,0%
Top 3
10,0%
Top 5
7,0%
Top 10
5,0%
Top 20
1,0%
Top 40
0,5%
Top 100
0,2%
Top 100+
0,05%
Jan.
Feb.
Mar.
Apr.
May.
Jun.
Jul.
Aug.
Sep.
Oct.
Nov.
Dec.

Investment Programs, Available Markets, and Products of the Crypto Exchange

Currency.com offers individually customized investment portfolios. You can select an asset for investment after registration and replenishment of the account in the user's personal account located in the Portfolio section. Profit indicators depend on the asset traded and the amount of the contribution. 

The terms of short-term and long-term investments are constantly changing in response to market volatility. You can find all information on available investment options in the user's personal account. There are separate investment programs for businesses and corporate clients.

Important!

If you are a large investor and plan on investments over $10,000, contact us at vip-invest@tradersunion.com or by the feedback form on our website. Our professional team will take you through all the intricacies of the deal and all the steps from signing up to withdrawal of profits.

Currency.com’s affiliate programs:

Currency.com offers two affiliate programs, a referral program for private traders and an affiliate program for businesses. The program for business involves the transfer of 40% of all commissions paid by your clients within 24 months. At the same time, customers of the business partner get a 12% discount on trading commissions. The referral program for private traders is as follows:

  • Each user registered on the platform can get a personal referral link.

  • The referral link is generated individually, so you can find it in your personal account, in the Referrals section.

  • Each user who follows your link will generate an income of 50% of the service's trading commissions.

Unlike most other cryptocurrency exchanges, Currency.com proficiently motivates referrals. Each user following the invitation (referral) link gets a 10% discount on all trading commissions. Discounts shall be applied permanently.

Trading Conditions for Currency.com Users

Currency.com’s competitive commissions are the result of a democratic pricing policy, cryptocurrency exchange transparency, high trading volumes, and, as a result, high liquidity. However, commissions and fees are not the only indicators of the trading terms’ convenience. Please find a table with the main characteristics of the cryptocurrency exchange for a comprehensive assessment below.

0.002 BTC

Minimum
deposit

1:500

Leverage

24/7

Support

💻 Trading platform: Proprietary
📊 Accounts: Standard, Demo
💰 Account currency: XBT
💵 Replenishment / Withdrawal: Bank card (Visa/MC), bank transfer, Cryptocurrencies
🚀 Minimum deposit: 0,002BTC
⚖️ Leverage: Up to 1:500
💼 PAMM-accounts: No
📈️ Min Order: from 0
💱 Spread: 0.75%
🔧 Instruments: Cryptocurrencies, currencies
💹 Margin Call / Stop Out: No
🏛 Liquidity provider: No
📱 Mobile trading: Yes
➕ Affiliate program: Yes
📋 Orders execution: market order, limit orders, stop-loss, take profit orders
⭐ Trading features: Fiat currencies can be exchanged and withdrawn to a card or bank account
🎁 Contests and bonuses: There is a trader contest with a prize pool of $2,500

Broker comparison table of trading instruments

Currency.com Bybit OKX XT.com Poloniex
Forex Yes No No No No
Metalls No No No No No
Crypto Yes Yes Yes Yes Yes
CFD No No No No No
Indexes No No No No No
Stock No No No No No
ETF No No No No No
Options No No No No No

Currency.com Commissions & Fees

Information
Trading fees are 0.75% for the taker, 0.25% for the maker, and 0% for tokenized currencies and assets. The commission for the exchange can be up to 0.5%, depending on the exchange type and direction. Fees are also imposed on long-term leveraged transactions following market rates. The amount of the leverage fee shall be either added to the account balance or deducted from it when making an application after a certain period. The commission for depositing with Visa and Mastercard is 3.5%; for withdrawal it’s 3% + $3. Depositing via bank transfer is free. The withdrawal fee is 0.15% (min $20, max $150).
Account type Spread (minimum value) Withdrawal commission
Standard From 0.075% per market order 0.15-3% (+$3 for Visa/MC)

You can compare the trading commissions of Currency.com with similar data of its competitors in the below table compiled by the experts of the Traders Union.

Broker Average commission Level
Currency.com $0.07 Low
Bybit $20 High
Bitfinex $0.1 Medium
Logo Currency.com
$0.07
$20
$0.1

Contacts

Foundation date 2016
Official site
Disclaimer:

Your capital is at risk. Cryptocurrency trading can be extremely risky. Cryptocurrency trading can lead to large and immediate financial losses. The volatility and unpredictability of the price of cryptocurrency relative to fiat currency may result in significant loss over a short period of time. Transactions in cryptocurrency may be irreversible, and, accordingly, losses due to fraudulent or accidental transactions may not be recoverable. The nature of cryptocurrency may lead to an increased risk of fraud or cyber attack.

All information posted on the Traders Union website is based on reliable and objective data. We have combined our 10 years’ experience in the financial sector and the feedback of our customers to provide you with a true picture of the best forex companies in the market. Detailed information about our methodology.
Currency.com Review Currency.com Review

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FAQs

Do reviews by traders influence the Currency.com rating?

Any review can raise or lower the rating of any broker in the general list of brokers. To read reviews about Currency.com you need to go to the broker's profile.

How to leave a review about Currency.com on the Traders Union website?

To leave a review about Currency.com, register on the Traders Union website or you can also leave a review through Facebook.

Is it possible to leave a comment about Currency.com on a non-Traders Union client?

Anyone can leave feedback about Currency.com on multiple participating clients; however, Traders Union clients also receive additional payments later for working with any broker listed at the Forex market.

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