Currency.com is an online financial services provider that offers over 1,500 tokenized assets, such as tokenized commodities, indices, shares, and bonds as well as multiple cryptocurrencies for trading online via the provided trading platform.
Currency.com Review, Pros & Cons
- Multiple cryptocurrencies & tokenized assets
- A range of trading tools & learning materials
- 24/7 customer support
- Minimum $500 deposit
- Limited asset classes
- No MetaTrader or cTrader platforms
- No USA clients
In this detailed Currency.com review, our online broker research team has covered some of the most important aspects for you to consider when choosing the best broker for your online trading needs.
Registered in Gibraltar and the Republic of Belarus, Currency.com is a cryptocurrency exchange that allows traders to trade tokenized assets and cryptocurrencies with leverage using a proprietary trading platform. They provide traders with some useful trading tools and educational resources, while a 24/7 customer support team is on hand to assist traders. There is a leverage of up to 1:500 and negative balance protection.
Currency.com is authorized under the legislation of the Republic of Belarus, and it is also a legal entity authorized by the Financial Services Commission of Gilbraltar with the registration number: 117543.
The Exchange does not offer its services to residents of countries or jurisdictions where the use of such services would be contrary to local laws or regulations. Hence, they do not accept clients from the United States of America.
Some Currency.com features and products mentioned within this Currency.com review may not be available to traders from certain countries because of legal restrictions.
The Exchange provides traders with its proprietary trading platform. It is an easy-to-use platform that is tailored for tokenized assets and cryptocurrencies. The platform is built with advanced technology and features a vast array of useful features and capabilities, including cutting-edge charts, 75 technical indicators, a comprehensive drawing toolkit, and more. The platform is available as a WebTrader that can run directly on most modern web browsers and a mobile app that is compatible with Android and iOS devices.
Currency.com Trading Tools
Traders are provided with a range of useful trading tools to help with their day trading activities. These include APIs, charts, drawing tools, technical indicators, and more.
The Exchange’s website is packed with multiple educational resources such as trading blogs, news, trading guides, video tutorials, and an FAQ section that offers quick responses to clients’ most common questions.
The Exchange offers tokenized assets on commodities, indices, stocks, and bonds, as well as multiple cryptocurrencies such as bitcoin, litecoin, ethereun, and more.
Currency.com Accounts & Fees
Traders are allowed to open a single live trading account. There is also a demo account for practice purposes.
As broker fees can vary and change, there may be additional fees that are not listed in this Currency.com review. It is imperative to ensure that you check and understand all of the latest information before you open a Currency.com broker account for online trading.
The broker offers a 24/7 customer support team that can be contacted through email, Live Chat, and social media.
Currency.com Deposit & Withdrawal
Traders can deposit and withdraw funds via any of these payment methods: credit/debit cards, bank wire transfers, electronic payment processors, and cryptocurrencies.
Currency.com Account Opening
To open an account, click on the Get Started button on the homepage of the website and fill the account application form, providing all the required information.
It is imperative to ensure that when you are going through a broker application, you clearly read all of the broker’s terms, conditions, and policies. Only proceed if you fully understand and agree to them.
Currency.com is an online digital assets exchange that enables traders to trade tokenized assets in addition to cryptocurrencies. They provide traders with various trading and learning tools. There is also a client support team on hand to assist traders.
The trading of virtual currencies involves significant risk. Price fluctuations can occur which may increase or decrease the value of your assets at any given moment. Any currency whether virtual or not may be subject to large swings in value and may even become worthless. You should not risk an amount you cannot afford to lose.