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Summary of CryptoRocket Trading Company
CryptoRocket is a high-risk broker with the TU Overall Score of 2.89 out of 10. Having reviewed trading opportunities offered by the company and reviews posted by CryptoRocket 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. CryptoRocket ranks 329 among 406 companies featured in the TU Ranking, which is based on the evaluation of 100+ criteria and a test on how to open an account.
CryptoRocket promotes itself as a broker for trading mostly cryptocurrencies, while other assets are viewed as mere extras. However, there is not enough information on the broker’s website to draw specific conclusions.
CryptoRocket is a broker of choice for numerous traders to execute trades in cryptocurrencies, including Bitcoin, Litecoin, Ethereum, and many other products. The company sees its core goal in providing an understandable yet effective trading practice for each and every customer. Moreover, CryptoRocket customers are happy to take advantage of ultra-fast order execution, ultimately low spreads, and one of the best pricing in the field.
💰 Account currency: | USD, BTC |
---|---|
🚀 Minimum deposit: | No minimal deposit |
⚖️ Leverage: | 1:500 |
💱 Spread: | from 0,1 p |
🔧 Instruments: | Cryptocurrencies, Forex, Commodities, Stock. |
💹 Margin Call / Stop Out: | Stop Out - 30% |
👍 Advantages of trading with CryptoRocket:
- No limitations on strategies. Scalping with any length of a pending order and position holding time, algorithmic trading and hedging are allowed.
- No deposit or withdrawal fee. Quick withdrawal within 2-3 hours.
👎 Disadvantages of CryptoRocket:
- limited number of payment methods: ВТС, Visa, Wire Transfer.
- Offshore registration (St. Vincent and the Grenadines).
Evaluation of the most influential parameters of CryptoRocket
Trade with this broker, if:
- You prefer a diverse selection of cryptocurrencies. CryptoRocket offers over 30 cryptocurrency pairs for trading, covering major and some less common coins, providing a comprehensive range for cryptocurrency enthusiasts.
- You value user-friendly platforms. CryptoRocket offers the popular MetaTrader 4 platform and their own web trader, both known for their ease of use. This can be beneficial for traders who prioritize platforms that are intuitive and easy to navigate.
Do not trade with this broker, if:
- You require a variety of payment methods. CryptoRocket has a limited number of payment methods, including BTC, Visa, and Wire Transfer.
- You prioritize strong regulation. CryptoRocket is not regulated by any major financial regulators, raising concerns about potential oversight and protection.
Geographic Distribution of CryptoRocket Traders
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Dynamics of CryptoRocket’s popularity among
Traders Union’s traders, according to 2023 data
Investment programs of CryptoRocket
The broker does not offer investment programs. Alternatively, you can use the social trading service built into MT4/MT5 trading platforms. Once you open an account with CryptoRocket, register on the MQL5 website, and connect your account once you pay the subscription to follow any trader of the community.
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.
CryptoRocket Partnership program
The broker offers only one standard partnership program. You bring referrals who open an account using your referral link and the broker pays you a reward of USD 5 per each full traded lot of the referral.
Trading Conditions for CryptoRocket Users
💻 Trading platform: | MT4, Webtrader, Mobile platforms |
---|---|
📊 Accounts: | Real, Demo |
💰 Account currency: | USD, BTC |
💵 Replenishment / Withdrawal: | Bitcoin, Credit/Debit Card |
🚀 Minimum deposit: | No minimal deposit |
⚖️ Leverage: | 1:500 |
💼 PAMM-accounts: | No |
📈️ Min Order: | 0,01 |
💱 Spread: | from 0,1 p |
🔧 Instruments: | Cryptocurrencies, Forex, Commodities, Stock. |
💹 Margin Call / Stop Out: | Stop Out - 30% |
🏛 Liquidity provider: | No |
📱 Mobile trading: | Mobile platforms |
➕ Affiliate program: | Yes |
📋 Orders execution: | Market Execution |
⭐ Trading features: | No |
🎁 Contests and bonuses: | No |
Comparison of CryptoRocket with other Brokers
CryptoRocket | RoboForex | Eightcap | Exness | Pepperstone | FXGT.com | |
Trading platform |
MT4, WebTrader, Mobile platforms | MT4, MT5, R MobileTrader, R StocksTrader, R WebTrader | MT4, MT5 | Exness Trade App (mobile), Exness Terminal (web), MetaTrader5, MetaTrader4 | MT4, MobileTrading, WebTrader, cTrader, MT5, TradingView | MetaTrader4, MetaTrader5 |
Min deposit | No | $10 | $100 | $10 | $1 | $5 |
Leverage |
From 1:1 to 1:500 |
From 1:1 to 1:2000 |
From 1:30 to 1:500 |
From 1:1 to 1:2000 |
From 1:1 to 1:400 |
From 1:1 to 1:1000 |
Trust management | No | No | No | No | No | No |
Accrual of % on the balance | No | No | No | No | No | No |
Spread | From 0.1 points | From 0 points | From 0 points | From 1 point | From 0 points | From 0.5 points |
Level of margin call / stop out |
No / 30% | 60% / 40% | 80% / 50% | No / 60% | 90% / 20% | 50% / 20% |
Execution of orders | Market Execution | Market Execution, Instant Execution | Market Execution | Market Execution, Instant Execution | Instant Execution | Market Execution |
No deposit bonus | No | No | No | No | No | No |
Cent accounts | No | Yes | No | No | No | No |
Broker comparison table of trading instruments
CryptoRocket | RoboForex | Eightcap | Exness | Pepperstone | FXGT.com | |
Forex | Yes | Yes | Yes | Yes | Yes | Yes |
Metalls | No | Yes | Yes | Yes | Yes | Yes |
Crypto | Yes | No | Yes | Yes | Yes | Yes |
CFD | Yes | Yes | Yes | Yes | Yes | Yes |
Indexes | Yes | Yes | Yes | Yes | Yes | Yes |
Stock | Yes | Yes | Yes | Yes | Yes | Yes |
ETF | No | Yes | No | No | Yes | No |
Options | No | No | No | No | No | No |
Contacts
Foundation date | 2018 |
Registration address | First Floor, First St Vincent Bank Building, James Street, Kingstown, St. Vincent and the Grenadines |
Official site | cryptorocket.com |
Contacts |
Email:
support@cryptorocket.com,
|
Disclaimer:
Your capital is at risk. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. A high percentage of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
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FAQs
Do reviews by traders influence the CryptoRocket rating?
Any review can raise or lower the rating of any broker in the general list of brokers. To read reviews about CryptoRocket you need to go to the broker's profile.
How to leave a review about CryptoRocket on the Traders Union website?
To leave a review about CryptoRocket, register on the Traders Union website or you can also leave a review through Facebook.
Is it possible to leave a comment about CryptoRocket on a non-Traders Union client?
Anyone can leave feedback about CryptoRocket 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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