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Crypto Rocket

Crypto Rocket Review

CryptoRocket is a new ECN STP (Electronic Communications Network / Straight Through Processing) broker offering leveraged trading on over 200 assets with a primary focus on cryptocurrency Trading. Launched last year, CryptoRocket was recently voted Best Crypto Broker of the Year at the Forex Awards 2020.

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Account Types

CryptoRocket likes to keep things straight forward for users by offering one account type. There are no ongoing account costs or set parameters when registering. All users are granted access to the same trading conditions no matter the deposit amount. An eye-catching feature of the broker is that they store client funds using a Vault storage system. Users can store their deposited funds in one of four vaults, each containing a specific currency type:

  • USD
  • GBP
  • EUR
  • BITs (One-millionth of a Bitcoin)

The flexibility offered is a fantastic option for HODLers who dont want to miss out on BTC price movement but also have rapid access to tradable funds. Should BTC price go up, the BIT vault balance will reflect this. Should traders wish to protect their investment, they can store funds in Fiat currency. This means that if BTC were to make a downward price movement, their investment will be protected while still allowing rapid access to trading.

Platforms

Traders can enjoy pristine trading conditions as the CryptoRocket tradable assets all back into the Award-Winning MetaTrader4 platform. There is also the WebTrader Version on MT4 which can be used. CryptoRocket users can trade from virtually anywhere by using MT4 for iOS and Android.

Demo Account

The broker offers a free to use demo account which can be utilised to develop a trading strategy before depositing any real money. The conditions within the demo and live accounts are identical, so it is the perfect environment to gain some experience.

Assets

In an increasingly competitive marketplace, CryptoRocket offers lightning-fast execution speeds thanks to deep liquidity from some of the most renowned providers out there. One-click trading is available on a range of assets, so you wont miss out on those big market movements. CryptoRocket offers leveraged trading on:

  • 34 Cryptocurrencies
  • 55 Forex pairs including majors, crosses, and exotics
  • 64 Stocks
  • 11 Indices
  • 4 Metals
  • 3 Commodities
  • 1 Futures - Dollar

An extensive list of all tradable assets can be seen here: https://www.cryptorocket.com/assets/

Leverage

The leverage available with this broker is much higher than the industry average, especially as sign up is free and there are no ongoing account fees. The maximum leverage available is 1:500 on 55 Forex Pairs. Many other brokers require a certain amount of traded lots per month or a minimum deposit amount to gain access to high leverage, CryptoRocket offers these as standard. The detailed list of maximum leverage is as follows. Forex - 1:500 Metals - 1:500 Energy - 1:200 Indices - 1:200 Crypto - 1:100 Stocks - 1:20 Leverage can be adjusted within MT4 and traders can open as many trading accounts as they wish with varying leverage - helping traders take control of their trading activity.

Trade Size

The broker caters to all traders, whether they are new to the world of trading or seasoned professionals. Micro-lot trading starts from 0.01 up to 1,000 lots. Hedging and scalping are permitted on this platform, which are ideal for volatile assets such as Cryptocurrencies. Margin call is at 100% Stop out is at 70%

Trading Costs

Charges are accrued from the broker through the spread and commission. Commission is charged at $6 per traded lot. Naturally the smaller the lot size, the smaller the commission paid. So, a trade of 0.1 lots would carry a commission of $0.60.

Spreads

Using tier one liquidity guarantees traders some of the tightest spreads in the industry.

Deposits & Withdrawals

There is a range of deposit options available, but the primary focus is Bitcoin. Making a deposit using BTC ensures rapid access to tradable funds. Users can also deposit using Credit/Debit Card and Bank Wire Transfer from a third party built directly into the site. Withdrawals are in Bitcoin and are processed and sent out on the same day of submission making sure users have fast access to their funds when requested. The minimum deposit is $10.00 with a minimum withdrawal of the same amount.

Affiliate program

CryptoRocket enables its traders to generate further income thanks to their lucrative affiliate program. Not only that, but the site also offers access to your very own and exclusive affiliate manager to help with your marketing campaign. Affiliates will be given their own unique affiliate link to post on social media and existing contacts. The broker also provides a media pack to help you advertise the brand more effectively. Commission earned is $5 per traded lot.

Customer Support

The broker offers 24/7 support from a dedicated team of professionals to assist with all of your queries and concerns. Traders can seek assistance through our LiveChat service, Email and request a call back within the site at a time that suits them.

Closing Comment

CryptoRocket continues to be at the forefront of innovation when it comes to trading. They offer leveraged trading in pristine conditions and as a reward, gives traders the chance to generate additional income, simply for referring new traders to the platform. CryptoRocket also strives to guarantee the safety of client funds by using cold storage, keeping client funds completely offline - away from potential online threats. Sign up for free to start today!  

Pros

Cons

Company Information

Company Name: Crypto Rocket

Account Information

Minimum Deposit: $10
24/7 Support: Yes
Email Support: Yes
Phone Support: Yes
Live Chat Support: Yes
Free Demo Available: Yes
Payment Options:
Credit Card, Debit Card, Bitcoin
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