Iqcryptos Broker Review
Iqcryptos
Details
| Broker | Iqcryptos |
|---|---|
| Website URL | https://iqcryptos.com |
| Founded | 2020 |
| Headquarters | Deutschherrnufer 22, 60560 Frankfurt am Main, Germany. |
| Trading Platform | Mt4 web trader, android |
| Minimum 1st Deposit | $50 |
| Minimum Trade Amount | $1 |
| Maximum Trade Amount | 60 |
| Bonus | $100 |
| Leverage | 1:10 |
| Free Demo Account | Open Demo |
| US Traders Allowed |
 |
| Mobile Trading |
 |
| Tablet Trading |
|
| Overall Score | 4 |
Pros
- Customer support, bonus, mt4 platform and low minimum deposit
Cons
- Not regulated, platform not trust worthy
Iqcryptos Review
It is always a great idea to get a stock broker to help you invest your money in the stock market. This can be a great way to make sure that you are getting the most from your investment. Many people are not comfortable investing their own money so they hire a stock broker to do all the work for them. The stock broker will help them find the right stock and will help them get advice on which investments to choose. Not all stock brokers are created equal. Some will give you good advice and some will just try to charge you for their services. Here are a few tips that can help you decide which stock broker is right for you.
Iqcryptos Review
iqcryptos is an innovative online foreign exchange broker that was founded in 2020. The broker is still new but claim to offer institutional and retail trades to investors. However looking at iqcryptos broker, it’s not yet ready to provide a financial services. Therefore, our iqcryptos review might not favor the broker nor aplaud it. Hence we throw light to the dark end of every tunnel. While iqcryptos brag of their trading platform, we saw only api from tradeview. The mt4 platform seems to be into the broker for all trading, but not really good. They offer Forex and CFDs on Commodities, Indices and Shares. Their trading service is limited as their major target is USA and UK. And their customer support service is from Monday to Friday.
Account Types
Iqcryptos offer up to 3 trading account types. This allows investors to choose from, based on their investment size. However, they come with this features:
For primuim Account: There’s an Advanced trading platforms: MetaTrader, Webtrader, Mobile Trading. There’s a flexible bonus offerings. Personal account manager and competitive spreads.
For Fixed Account: This is best for fixed spread traders. There’s expert advisors (EAs) that operate with fixed spreads.
Personal account manager, competitive fixed spreads on Forex and flexible bonus offerings.
Advanced Account: this is low cost trading account with 0.0pip on spreads. Raw spreads with NO Markups, competitive commissions starting at per 1k lot. Low minimum deposit of USD100. It’s ideal for scalping and high-volume trading.
Iqcryptos customer support
Iqcryptos offer their traders 24/7 customer support, this gives them more confidence. However their customer support comes as livechat, phone calls and email. Though based on traders response, iqcryptos is not reliable, as all this support is for new traders.
Is Iqcryptos Legit?
Iqcryptos is not legit of course, they are not reliable, as per our check. The trading platform is built with wordpress and work with mt4 online. Why we said that iqcryptos is not legit is because, you trade on online only. This could be another means to manipulate your trades. More-so, the broker doesn’t have license, the owners are still unknown. Therefore trading with such broker can do more harm to your career.
Security Of Fund
Iqcryptos claim to perform transactions via safe and secure payment gateways. Therefore traders should not bother themselves with the safety of their investment. Well, all these things are just like selling content that say every good about a broker. But the fact is that all your fund go to their personal account. Even though they promised that there’s a segregated account for clients fund, stay away. Iqcryptos doesn’t have segregated account for clients fund.
Funding Methods
Iqcryptos provide trades with 7 different payment methods. However this comes with low minimum deposit. On wire transfer, the minimum deposit is $250 and it takes up to 2 to 15 day to confirm. Credit and debit card takes up to 30 minutes and minimum deposit is $50. Skrill, neteller, fasapay, vload minimum deposit is $50, and instant payments.
visa 50 USD/EUR Up to 30 minutes
mastercard 50 USD/EUR Up to 30 minutes None
skrill 50 USD/EUR Instant None
neteller 50 USD/EUR Instant None
fasapay 50 USD/EUR Instant None
vload 50 USD/EUR Instant None
Iqcryptos Platform
Iqcryptos offer trading platform with intuitive interface and easy access tools. The broker offer mt4 web trader, android trader, iPhone trader and iPad trader. Therefore, with this trading platform, they believe you have award winning tools to succeed. The features on this platform are 30 popular technical indicators and real-time quotes. 7 time frames and 3 chart types: bar, candlestick, line. Full range of trade orders, Set Stop Loss and Take Profit levels. More-so, there’s a close and modify existing orders, real time profit/loss of live trades. View and analyse trading history large number of languages. They equally offer messaging service: MQL5 notifications, MT4 Desktop messages and iqcryptos messages.
Is Iqcryptos Regulated?
To be honest, this broker is not legit, iqcryptos is not regulated. They are new and will still take much longer to get regulatory approval. Therefore, if you want to start trading with them, note: You are trading with unregulated broker. Above all, we cannot recommend this broker, thus” we have option for you.
Iqcryptos platform Conclusion
Finally, we will conclude our iqcryptos review by telling you to avoid them. Firstly, this broker platform, is not good for beginners. More-so it have no reputation, most broker we recommend always have history. Not by lips but at least have served millions of successfull traders. Therefore, for now, we see that platform is under wordpress.
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