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My Invest GlobalAbstract My Invest Global, registered in Sweden, is an online trading platform provi

CryptoGo365 Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-04-18 18:00

Abstract:CryptoGo365, founded in 2021 and headquartered in Saint Vincent and the Grenadines, offers a comprehensive trading platform for investors and traders. While not regulated, the platform provides access to a wide range of tradable assets, including currencies, metals, energies, stocks, indices, and digital currencies. With account types catering to various experience levels and investment sizes, ranging from Rookie to VIP, CryptoGo365 ensures accessibility for all traders. The platform offers leverage up to 1:400 and accepts deposits through Visa and Mastercard without charging commissions. Customer support is available via telephone, email, and live chat, while educational resources such as an Economic Calendar, Trading Hours, and Expiry Dates enhance traders' understanding of the market dynamics. Despite not offering bonus incentives, CryptoGo365 prioritizes providing a secure and user-friendly trading environment for its clients.

CryptoGo365 Basic Information
Company Name CryptoGo365
Founded 2021
Headquarters Saint Vincent and the Grenadines
Regulations Not regulated
Tradable Assets Currencies, Metals, Energies, Stocks, Indices, and Digital Currencies.
Account Types Rookie, Basic, Elite, Elite Plus, VIP
Minimum Deposit Rookie: $250, Basic: $2,500, Elite: $10,000, Elite Plus: $25,000, VIP: $100,000
Maximum Leverage Up to 1:400
Spreads Not specific
Commission None for deposits
Deposit Methods Visa, Mastercard
Trading Platforms CryptoGo365 platform
Customer Support Telephone: +18007951389, Email: info@cryptogo365.com, Live Chat
Education Resources Economic Calendar, Trading Hours, Expiry Dates
Bonus Offerings None

Overview of CryptoGo365

  CryptoGo365, established in 2021 and headquartered in Saint Vincent and the Grenadines, is a dynamic trading platform offering a diverse array of tradable assets including currencies, metals, energies, stocks, indices, and digital currencies. With account types ranging from Rookie to VIP, accommodating traders of all levels, CryptoGo365 ensures accessibility and inclusivity. The platform boasts a maximum leverage of up to 1:400 and accepts deposits via Visa and Mastercard without charging commissions. With robust customer support through telephone, email, and live chat, and educational resources such as an Economic Calendar, Trading Hours, and Expiry Dates, CryptoGo365 prioritizes providing a secure and informative trading environment for its clientele.

Overview of CryptoGo365

Is CryptoGo365 Legit?

  It's crucial to understand that CryptoGo365 lacks official regulation. This absence of regulation indicates that it operates without the supervision of established financial regulatory bodies. Traders are advised to proceed with caution and be mindful of the risks involved when dealing with an unregulated broker such as CryptoGo365. There could be limited options for resolving disputes, concerns over the safety and security of funds, and a lack of clarity regarding the broker's operational procedures. Before initiating trading activities, traders should conduct comprehensive research and consider the broker's regulatory standing to ensure a more secure and reliable trading environment.

Is CryptoGo365 Legit?

Pros and Cons

  CryptoGo365 presents a compelling mix of advantages and drawbacks. On one hand, it offers a diverse range of tradable assets and a user-friendly trading platform, making it accessible and appealing to traders. The platform also provides maximum leverage of up to 1:400, empowering users to potentially amplify their trading positions. However, the absence of regulatory oversight raises concerns regarding user protection and transparency, while the lack of clarity in spreads may impact trading decisions. Additionally, the limited bonus offerings may deter some traders seeking additional incentives. Overall, while CryptoGo365 offers several enticing features, potential users should carefully consider these drawbacks before engaging with the platform.

Pros Cons
  • Diverse range of tradable assets
  • Lack of regulatory oversight
  • Maximum leverage up to 1:400
  • Lack of transparency in spreads
  • User-friendly trading platform
  • Limited bonus offerings

Trading Instruments

  CryptoGo365 offers trading in currencies, metals, energies, stocks, indices,and digital currencies.

Trading Instruments

  Here is a comparison table of trading instruments offered by different brokers:

Broker Forex Metals Crypto CFD Indexes Stocks ETFs
CryptoGo365 No Yes Yes No Yes Yes No
AMarkets Yes Yes No Yes Yes Yes No
Tickmill Yes Yes Yes Yes Yes Yes No
EXNESS Group Yes Yes Yes Yes Yes Yes No

Account Types

  CryptoGo365 offers various account types tailored to different levels of trading experience and investment sizes:

  1.   Rookie: Entry-level account starting from $250 with features like a secure platform, mobile trading, 24-hour trading, and more.

  2.   Basic: Suitable for those with more trading experience, starting from $2,500, offering the same features as the Rookie account with additional perks like an Islamic account and an account manager.

  3.   Elite: Designed for seasoned traders, starting from $10,000, including all Basic account features plus enhanced services.

  4.   Elite Plus: A premium account starting from $25,000, offering the same features as the Elite account with added benefits.

  5.   VIP: Tailored for high-net-worth individuals, starting from $100,000, providing top-tier services and exclusive privileges.

Account Types

Leverage

  Clients of CryptoGo365 can access leverage up to 1:400, allowing for amplified trading positions. Upon opening an account, clients can consult their account manager to select their desired leverage ratio.

Leverage

  Here is a comparison table of maximum leverage offered by different brokers:

Broker CryptoGo365 Libertex IC Markets RoboForex
Maximum Leverage 1:400 1:30 1:500 1:2000

Spreads and Commissions

  CryptoGo365 does not charge commissions for depositing funds into your account.

Spreads and Commissions

Deposit & Withdraw Methods

  CryptoGo365 supports Visa and Mastercard for both deposits and withdrawals.

Deposit & Withdraw Methods

Trading Platforms

  CryptoGo365 platform offers sophisticated chart tools, access to over 1,000 assets, secure trading, instant mobile/web access, and fast execution.

Trading Platforms

Customer Support

  CryptoGo365 provides customer support through the following channels:

  1.   Telephone: +18007951389

  2.   Email: info@cryptogo365.com

  3.   Chat Support: Clicking the provided link initiates a live chat session with a support representative.

Customer Support

Educational Resources

  CryptoGo365 provides educational resources including an Economic Calendar, Trading Hours, and Expiry Dates.

Educational Resources

Conclusion

  In conclusion, CryptoGo365 provides traders with access to a wide array of tradable assets through a user-friendly platform, along with the potential to leverage positions up to 1:400. However, its lack of regulatory oversight and transparency in spreads are notable disadvantages, raising concerns about user protection and informed decision-making. Additionally, the limited bonus offerings may deter some traders seeking additional incentives. Despite these drawbacks, CryptoGo365 remains a viable option for traders who prioritize asset diversity and user-friendly interfaces, but users should carefully consider these limitations before engaging with the platform.

FAQs

  Q: What assets can I trade on CryptoGo365?

  A: CryptoGo365 offers a wide range of tradable assets, including currencies, stocks, indices, metals, energies, and digital currencies.

  Q: What is the minimum deposit required to open an account with CryptoGo365?

  A: The minimum deposit varies depending on the account type. For example, the Rookie account requires a minimum deposit of $250, while the VIP account requires $100,000.

  Q: How can I contact customer support at CryptoGo365?

  A: You can reach CryptoGo365's customer support team via telephone, email, or live chat for assistance with any queries or concerns.

  Q: Does CryptoGo365 charge commissions for deposits?

  A: No, CryptoGo365 does not charge any commissions for depositing funds into your trading account.

  Q: What leverage options are available on CryptoGo365?

  A: CryptoGo365 offers leverage options of up to 1:400, allowing traders to potentially amplify their trading positions.

Risk Warning

  Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies. In addition, the date on which this review was generated may also be an important factor to consider, as information may have changed since then. Therefore, readers are advised to always verify updated information directly with the company before making any decision or taking any action. Responsibility for the use of the information provided in this review rests solely with the reader.

Related broker

No Regulation
CryptoGo365
Company name:CryptoGo365
Score
1.42
Website:https://cryptogo365.com/
2-5 years | Suspicious Regulatory License | Suspicious biz area | High potential risk
Score
1.42

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