CryptoGT Review

CryptoGT Logo

CryptoGT are a market leading broker when it comes to trading cryptocurrencies. They have an extensive range of products and services for an easy, enjoyable and state of the art crypto trading experience. This includes a generous choice of 17 cryptocurrencies, no commission fees, low spreads, 24/7 deposits and withdrawals and leverage of up to 1:500. In addition to being a top crypto broker, they also offer over 60+ forex currency pairs, stocks, indices, metals and energies.

CryptoGT offers some of the best trading conditions compared to other cryptocurrency FX exchanges. Whatever your experience level and whatever you wish to trade, there is something for everyone at CryptoGT!

CryptoGT Platforms

MetaTrader 5

CryptoGT provide clients with one of the most popular and respected trading platforms, MetaTrader 5 (MT5). Developed by MetaQuotes, MT5 is used by millions of crypto and forex traders all over the globe. It is well known for being a user-friendly and powerful trading platform, that is packed with features and functionalities for a seamless online trading experience.

CryptoGT MT5 Platform
CryptoGT MT5 Platform

The CryptoGT MT5 platform lets you conduct in-depth market analysis using multiple chart types and timeframes, along with technical indicators and drawing tools. Some of the most prominent MT5 features include:

  • Intuitive interface
  • Multiple chart types
  • Multiple timeframes
  • Various order types
  • 100+ technical indicators & drawing tools
  • Depth of market (DOM) pricing
  • Automated trading via expert advisors (EAs)
  • Create custom indicators, scripts & EAs
  • Economic calendar
  • Price alerts
  • Desktop, web & mobile platform

MT5 is freely available for desktop, web and as a mobile app for iOS/Android devices. The MT5 mobile app is especially useful for those who wish to analyse the markets and trade whilst on the go. The MT5 web platform can run directly in your browser without needing to download or install any additional software.

CryptoGT Tools & Education

CryptoGT have a generous selection of trading tools to assist you with your daily trading activities. They can help to streamline the process so you can focus on your trading.

Cryptocurrency Converter

You can calculate the amount of money when converting from virtual currency to other virtual currency or fiat currency.

Leverage & Margin Calculation Tools

As the name suggests, these tools enable you to quickly and easily calculate leverage and margin on the fly.

Economic Calendar

You will find an economic calendar on the CryptoGT website. This displays important news releases along with the date and time of the release. You can also see the expected, forecasted and actual impact of each news release. This is a great tool for keeping up to date with the latest market news and is often used as part of a trader’s fundamental analysis.

Trading Guides

Throughout the CryptoGT website, you will find handy guides on using the MT5 platform along with plenty of frequently asked questions (FAQs) related to the brokers products and services. This can be a great way to get instant answers to some of the more common questions traders tend to have.

CryptoGT Trading Instruments

CryptoGT offer 17 cryptos and 60+ forex currency pairs, indices, metals and energies.

CryptoGT also offers unique currency pairs combined with virtual currencies, including BTCXAU / BTCXAG / BTCUSO / BTCSPX / BTCFCB / BTCTWR. Clients can trade BTC more conveniently with MBTUSD. You can trade with a margin of 1/1000 of BTCUSD.

It is worth noting that cryptocurrencies can even be traded on weekends!

GTi12

Impressively, they even offer their own trading index the GTi12 that is composed of 12 types of major virtual currencies. It can be used to track the overall growth of the cryptocurrency market and acts as a tool for both investors and money managers. GTi12 is available 24 hours a day on CryptoGT MT5 desktop, web and mobile devices.

Once a quarter, GTi12 determines the eligibility of cryptocurrencies in the index based on various variables such as market capitalization, liquidity and availability for trading on CryptoGT’s trading platform. It is important to note that stablecoin is not considered.

This is a very unique feature that I have yet to see from any other crypto broker and shows that CryptoGT is innovative in this space. It also gives traders a great opportunity to try and capitalise on a basket of crypto pairs at once, rather than trading them individually.

CryptoGT Features
CryptoGT Features

CryptoGT Trading Accounts

MT5 Account

The CryptoGT MT5 account gives you access to trade all the available instruments via the popular MT5 platform, with tight spreads, no commission fees and leverage up to 1:500.

Spreads

CryptoGT fits the bill for those looking for a low-cost broker. The prices they offer are obtained from more than 10 price feeds combined, which means they have plenty of liquidity and can provide the best available prices at any time. The average spreads for the EURUSD, USDJPY & BTCUSD are around $2.5 and XAUUSD averages around $0.3.

Forex Robotron Banner
Forex Robotron Banner

The spread is a difference between the bid and ask price that you pay any broker for placing a trade position. In general, the lower the spread, the more you can save in transaction costs over the long term and the better the prices you can get your trades executed at.

Keep in mind that the spreads shown depend on market conditions and can widen as a result of news announcements, unforeseen events, political uncertainties, or at the end of the day or on illiquid weekends. Spread widening is due to market behaviour.

Demo Accounts

The CryptoGT demo account allows you to try out the brokers platforms and service without any risk. It is free to use and can be a great way to familiarise yourself with trading online. Whilst the environment on the demo account is basically the same as the environment on the live account, it may be slightly different depending on the situation.

CryptoGT Trader Room

The CryptoGT Trader Room is where you can view everything relevant to your account in one place. You can store your cryptos, open demo/live accounts, transfer funds, view trade history, request support and more.

CryptoGT Trader Room
CryptoGT Trader Room

CryptoGT Account Funding

CryptoGT supports withdrawals and deposits in an impressive range of 18 currencies. This can help you avoid currency conversion fees. They do not charge any additional fees for both deposits and withdrawals. You do not require any minimum deposit, just the amount required for trading.

You can make a withdrawal request at any time. For security reasons, the broker manually performs withdrawal procedures in sequence. Therefore, it can take from 1 to 48 hours from the withdrawal request to the completion. However, it is usually very quick. For withdrawals of more than $5,000, you will need to provide a proof of id and address.

CryptoGT Customer Service

CryptoGT really excel when it comes to customer service. They have a knowledgeable support team who are available 24/7 around the clock to help answer any of your technical or general questions, in a prompt and polite manner. They can be reached in a way that is convenient to you, including email, telephone and social media channels. There is also a live chat option on the CryptoGT website which can be a great way to get in touch directly with the broker and ask any questions before you open an account with them.

CryptoGT Safety of Funds

CryptoGT state that their main priority is to protect clients’ investments. They take all the steps necessary to provide the highest level of protection and ensure that your funds are always safe.

They design strong internal policies and procedures to set specific thresholds that are constantly monitored to effectively identify potential risks.

CryptoGT maintains one of the industry’s tightest capital adequacy ratios. The typical capital-to-risk-weighted exposure ratio of the most reputable regulators is generally around 12%, but they consistently maintain a reasonable ratio of 40%. This allows them, and their users, to feel safe even during the most confusing periods.

The client’s funds are managed separately from the company’s funds and are held by creditworthy and well-regarded financial institutions.

CryptoGT Registration

It takes just a few minutes to register an account with CryptoGT. You just need to complete the short application form on the CryptoGT website and you can be up and running right away.

CryptoGT Review Summary

Putting it all together in this CryptoGT review, it is safe to say that they are an established broker with a top class offering when it comes to trading online, specifically when it comes to cryptocurrency trading. For those looking to diversify their portfolio, the broker does also offer other trading instruments such as forex currency pairs, stocks, indices, metals and energies.

CryptoGT have very competitive trading conditions, with tight spreads, no commission fees and quick transaction speeds. These features can help us save in trading costs over the long term and ensure that we get some of the best available prices on a consistent basis.

Furthermore, the broker has an excellent customer support team who are always eager to help. There is support for a large choice of account funding currencies and leverage goes all the way up to 1:500. CryptoGT have support for automated trading systems (EA) that can be used with all currency pairs. They also run promotions from time to time, so checkout the official website for the latest offerings.

All in all, CryptoGT is one of the better brokers that I have studied over the years. They are firmly establishing themselves as a leader when it comes to cryptocurrency trading. If you would like to find out more or open an account with them, please feel free to visit the official CryptoGT website using the link below.

Trading complex instruments can come with a high risk. You should consider whether you understand how investments and trading work and whether you can afford to take the high risk of losing all of your money.

CryptoGT

8.4

Spreads

8.5/10

Liquidity

8.5/10

Commissions

8.5/10

Support

9.0/10

Regulation

7.5/10

Features

  • No deposits & withdrawal fees
  • No minimum deposit
  • Powerful MT5 platforms
  • No commission fees
  • Tight spreads
  • Quick execution speeds
  • Multiple asset classes
  • 1:500 leverage
  • Demo accounts
  • 24/7 support