Currency.com Review 2021

Currency.com Review 2021
Davis J.
Robertson A.
January 2021

12

Position
in rating

Trading terminals:

Proprietary platform
12

Position in rating

8.5/10
Overall rating

Trading terminals:

Proprietary platform

Summary of Currency.com Trading Company Crypto Exchange

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
Attention!

We work with accounts only through the Traders Union website.

👍 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.

Overall

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.

Visit Currency.com

Geographic Distribution of Currency.com Traders

Currency.com Latest Comments for 2021

0
0
0

Positive reviews increase standing and, of course, any negative reviews decrease its position in the ratings.

Just register and get authorized to submit a review of the broker’s activities and conditions on its platform. Everyone can and is invited to submit a review. All reviews of Currency.com published on the website in 2021 are verified and confirmed by Traders Union as reliable comments by real traders.

No entries yet.

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.

Antony Robertson

Traders Union
Financial Analyst

Analysis of the Main Features of this Crypto Exchange

8.5

Overall rating

8.2

/10

Execution of orders

8.8

/10

Investment instruments

8.6

/10

Withdrawal speed

8.4

/10

Customer Support work

8.1

/10

Variety of instruments

8.9

/10

Trading platform

Dynamics of the Popularity of Currency.com
in 2020 among the Users of the Traders Union

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.
Mär.
Apr.
Mai.
Jun.
Jul.
Aug.
Sep.
Okt.
Nov.
Dez.

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 [email protected] or by the feedback form on our website. Our professional team will take you through all the intricacies of thedeal 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.

Rebate and Discount Programs of the Traders Union for Currency.com

Even though the cryptocurrency exchange has favorable competitive commissions, traders are always looking for an opportunity to save on them. You can register on the platform through the Traders Union website, using the affiliate link. This makes it possible to return part of the commission paid to Currency.com for each trade transaction. Follow these steps: Go to the Traders Union website and complete the registration process. After that, go to the exchange's website using the Traders Union referral (partner) link, open an account there and complete the verification procedure.

Information

The Currency.com exchange pays 40% of the commission for each completed transaction to the Traders Union. The customers get 80% of this amount.

Example: You make a trade to buy Bitcoin for $1,000. The commission for cryptocurrency trades for the taker on the platform is 0.75%. This means that the commission on your trade will be $7.5. Currency.com will refund the Traders Union 40% of this amount, or $3. Traders Union will transfer you 80% of this amount, or $2.40.

Try it!  Try it!

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

Proprietary platform
💻 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

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
Currency.com
$0.07
ByBit
$20
Bitfinex
$0.1
Conclusion

Currency.com offers a large range of tokenized assets and favorable trading terms. The cryptocurrency exchange operates transparently and is officially licensed. There are several options for passive earnings and regular contests of traders.

Contacts

Official site

Tags:

Currency.com Currency com

The Oldest Reviews of this Crypto Exchange

Positive reviews increase standing and, of course, any negative reviews decrease its position in the ratings.

Just register and get authorized to submit a review of the broker’s activities and conditions on its platform. Everyone can and is invited to submit a review. All reviews of Currency.com published on the website in 2021 are verified and confirmed by Traders Union as reliable comments by real traders.

No entries yet.

Author of this Review

Currency.com broker’s review prepared by

John Davis

Traders Union Author and Analyst

John Davis is a Financial and Economic Analyst working with the Traders Union since 2016. During this time, he has written more than 100 analytical articles on technical and fundamental analysis, reviews of financial companies and has developed more than 10 proprietary trading systems. John's motto is to help everyone go from a novice to a professional trader.

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.

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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.

Why is it more profitable to work with Currency.com through Traders Union?

Because you will receive additional payments from Traders Union every month while all other functions on your chosen trading platform remain the same.

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