CryptoRocket Review 2020
CyptoRocket offers leveraged Crypto and Forex trading via the easy to use yet powerful MetaTrader 4 (MT4) trading platform for desktop, web and mobile devices. They have competitive trading conditions on a range of trading instruments across multiple asset classes. Clients get excellent 24/7 support along with the option of Bitcoin accounts and funding.
CryptoRocket Review 2020, Pros & Cons
- 30+ Cryptocurrencies
- Diverse selection of trading instruments
- Flexible leverage
- 24/7 customer support
- Same day withdrawals
- No account transaction fees for deposits/withdrawals
- Intuitive, powerful & user friendly MT4 platform
- Straight Through Processing (STP) brokerage
- Very competitive trading conditions
- No minimum deposit to start trading
- Bitcoin accounts & funding
- Affiliate program
- Offshore broker
- No MetaTrader 5 platform
In this detailed CryptoRocket review, our online broker research team have covered some of the most important aspects for you to consider when choosing the best broker for your online trading needs.
CryptoRocket is not ranked in our best forex brokers, best stock brokers, best cfd brokers, best crypto brokers or best online brokers categories. You can use our free broker comparison tool to compare online brokers including CryptoRocket.
CryptoRocket Review: Summary
CryptoRocket is an online broker that offers traders around the globe leveraged Forex and Crypto trading with very competitive trading conditions including tight spreads, reliable execution speeds and user-friendly trading platforms.
CryptoRocket clients get the chance to trade on institutional liquidity that is sourced from major global investment banks, as well as from fully transparent liquidity execution providers. What this means for the trader is that you can have access to excellent rates, along with the ability to trade on tight spreads.
In addition to forex currency pairs and cryptocurrencies, the broker also offers stocks, indices and commodities trading. They offer leverage of up to 1:500 along with access to deep liquidity and excellent 24/7 customer support. Reviews of CryptoRocket across the web are very positive with many clients reporting that they are happy with the brokers service.
CryptoRocket uses a Straight Through Processing (STP) execution model. This means that each time you place a trade via the brokers trading platform, you do not have to worry about any dealing desk intervention or re-quotes. The STP execution model also removes any of the potential conflicts of interest that there could be between broker and trader. All trades are processed via an aggregator, which ensures that you get the very best rates they have available, as these come directly from the top-tier liquidity establishments they incorporate.
CryptoRocket Review: Regulation
Crypto Rocket is a legally registered forex broker located in the Saint Vincent and the Grenadines, but is not regulated by any government agency. The broker works very hard to provide a secure system. They are continuously monitoring their network for any suspicious activities.
CryptoRocket Review: Countries
Crypto Rocket accepts clients from all over the world, excluding some countries where restrictions apply, including the United States. Some CryptoRocket broker features and products mentioned within this CryptoRocket review may not be available to traders from specific countries due to legal restrictions.
CryptoRocket Review: Trading Platforms
MetaTrader 4 (MT4) Platform
CryptoRocket provide clients with free, safe and reliable trading platforms so that they can trade anywhere on any device with the MetaTrader 4 (MT4) desktop platform, Web Trader and mobile apps for iOS/Android devices. The mobile trading platforms are very useful for traders who need to access their account and manage positions whilst on the go whereas the web trading platform runs directly in most modern web browsers without the need to download or install any additional software. You can simply login to the Web Trader online platform using your CryptoRocket trading account details and you’re ready to trade.
The powerful and sophisticated MT4 trading platform is suitable for traders of all experience levels and investment size. Those new to trading can take advantage of its user-friendly interface whilst the more experience traders will be pleased to see an abundance of charts, tools, and useful features included.
Some of the key MT4 platform features include:
- Fast, stable and reliable trading environment
- Large variety of built-in analytical tools for conducting detailed market analysis
- Trading signals, copy trading, one-click trading
- Automated trading via Expert Advisors (EAs)
- Strategy tester to back test EAs over historical data
- MQL4 editor to create custom indicators, scripts & EAs
- Free Code Base with thousands of technical indicators already available
- Support for multiple order types: market, pending limits and stops
- Trading directly from the charts
- Price alert notifications via SMS, email & platform pop-ups
- CryptoRocket MT4 is available for PC, Mac, Linux and for mobile devices – iPhone, iPad and Android
CryptoRocket Review: Trading Tools
The CryptoRocket platforms have a large variety of trading tools implemented within them that will be more than enough to meet the needs of most traders. There are tools for conducting technical analysis of charts, fundamental analysis and more. Whatever your trading style, there is likely to be a tool that will benefit your strategy.
CryptoRocket Review: Education
On the CryptoRocket website you will find numerous guides covering various topics including those that explain how to download and install the trading platforms, make deposits and withdrawals, etc.
CryptoRocket Review: Trading Instruments
CryptoRocket clients have a diverse selection of trading instruments to choose from across multiple asset classes including:
- 55 Currency Pairs including major, minor & exotic FX crosses
- 30 Cryptocurrency Pairs including Bitcoin, Bitcoin Cash, Ethereum, Litecoin, Dash, Ripple, Eidoo, OmiseGO, Santiment, Monero, Zcash, EOS, Metaverse ETP, IOTA, NEO, Tron
- 64 Stocks based on shares of US, UK and EU companies including Amazon, Google, Facebook, Tesla, Netflix, Twitter & many more
- 11 Indices based on baskets of different blue-chip stocks and US Dollar Index
- Commodities including Gas, Oil and Precious Metals
CryptoRocket Review: Trading Accounts & Fees
CryptoRocket keep things simple by offering one core account type which backs into the MetaTrader4 trading platform. There is no minimum deposit amount to start trading. There is also a demo account option available if you would like to try the brokers platforms and practice your trading strategies. Pricing within the demo platform are the same as those within the live trading platform. The broker allows you to create as many live and demo accounts for each available currency option as you wish. There is no restriction on trading strategies so all types of traders are welcomed whilst the minimum lot size required is just 0.01. Their commissions are competitively low at around $6 per 1.0 lot which is reasonable when compared to other online brokerages.
As broker fees can vary and change, there may be additional fees that are not listed in this CryptoRocket review. It is imperative to ensure that you check and understand all of the latest information before you open a CryptoRocket broker account for online trading.
CryptoRocket Review: Customer Service
CryptoRocket have a 24/7 live chat support team on hand to answer all of your general, technical or account related questions in a prompt and efficient manner. The native English support team is available at your fingertips whenever you are in need of assistance. You can also contact them using the online contact form or request a call back. There is a very useful frequently asked questions section on the brokers website which cover some of the common question’s traders have and supply you with instant answers. CryptoRocket take the role of customer support very seriously and pride themselves in ensuring that each and every individual who trades with them receives the very highest level of care, regardless of their experience level or investment size.
CryptoRocket Review: Deposit & Withdrawal
You can deposit funds into your CryptoRocket account via credit/debit card or transfer Bitcoins via Coinbase or Instacoins. The broker providers quick and easy access to your funds with same day processing to give you access as and when you need it. The withdrawal process is fast. Once approved, Bitcoin withdrawals should arrive in an hour or less depending on blockchain traffic. It should be noted that each withdrawal has to be made with the same payment system used for the deposit and must be in cryptocurrency form (the broker does have card payment facilities through their payment partner gateway as well as bitcoin deposits).
The CryptoRocket website has some very easy to follow guides that clearly explain step by step how to make deposit and withdrawals whilst the customer support team will be happy to help you if required.
- Time to Fund: Deposits are dependent on the speed of the Blockchain via BTC, and instant via Instacoins
- Min Deposit: 0 BTC
- Max Deposit: No limit
- Fee: Free
- Time to Withdrawal: Same Day
- Min Withdrawal: 0.001 BTC
- Max Withdrawal: No limit
- Fee: Free
CryptoRocket Review: Account Opening
You can sign up to CryptoRocket today and start trading your favourite crypto, stock and forex CFD’s 100% anonymously through MT4, web trader or the iPhone and Android App. There is a very short online application form to complete which takes just a few minutes. You can even signup with your Facebook or Google account to make the process even more convenient. Once you have filled in the requested details on the sign-up page, you will receive your login details. You can then start trading online with CryptoRocket.
CryptoRocket Review: Affiliate Program
CryptoRocket have an affiliate program where you can refer a friend and earn $5 per lot round trip when they start trading with the broker. You just simply need to share your unique affiliate link with friends and when they start trading you can earn a passive commission. Every time a new user clicks on the link signs up and starts trading, the link owner earns $5.
CryptoRocket Review: Conclusion
CyptoRocket is a complete solution for trading forex & CFDs online via powerful and flexible trading platforms that are compatible across multiple device including desktop, web and mobile (iOS & Android). They have useful guides and 24/7 support which can be beneficial for those new to trading whilst there is a good range of assets available to trade and flexible account funding options. Overall, CryptoRocket has very competitive trading conditions and welcome all types of trader.
Trading leveraged products such as Forex and CFDs may not be suitable for all investors as they carry a degree of risk to your capital. Please ensure that you fully understand the risks involved, taking into account your investments objectives and level of experience, before trading, and if necessary seek independent advice. Please read the full Risk Disclosure on the brokers website.