CrescoFX.com

CrescoFX.com is a forex broker that offers a wide range of trading options for both experienced and novice traders. With its user-friendly platforms and comprehensive selection of financial instruments, CrescoFX.com aims to provide a professional and efficient trading experience for its clients.

Broker Details

• Minimum Trade Size: 0.1
• Maximum Leverage: 30:1
• Minimum to Open Live: $1,000
• Established: 2011
• Address: 21 Arlington Street, London, SW1A 1RN, United Kingdom
• Contact: [email protected], 44 02079526825
• Regional offices: N/A
• Regulators: FCA #764353
• Prohibited countries: Unknown
• Trading platforms: MT4, Cresco Trader
• Web Trading: ✔ Yes
• Mobile Trading: ✔ Yes
• Currencies: Trading Instruments (15 )
• Cryptocurrencies: Bitcoin, Ethereum
• CFD: Gold, Silver, Stock Indexes, Oil, Other Commodities (20 )
• EAs/Robots: ✔ Yes
• Managed Accounts & Social Trading: MAM: ✔ Yes
• Deposit Methods: Bank Wire (Bank Transfer/SWIFT)
• Withdrawal Methods: Bank Wire (Bank Transfer/SWIFT)

Pros and Cons

Pros:

• CrescoFX.com offers a variety of trading platforms, including the popular MT4 platform, providing flexibility for traders.
• The broker offers a wide range of financial instruments, including forex pairs, CFDs, commodities, indices, and cryptocurrencies, allowing traders to diversify their investment portfolio.
• With a maximum leverage of 30:1, traders have the potential to amplify their profits.
• The broker allows the use of EAs/Robots, enabling traders to automate their trading strategies.
• Managed Accounts and MAM services are available for those who prefer professional management of their investments.
• Deposits and withdrawals can be made conveniently through bank wire transfers.

Cons:

• Information about prohibited countries is not specified, which may cause inconvenience for potential clients.

Trading Options and Conditions

CrescoFX.com offers a wide range of trading options to cater to the diverse needs of traders. With over 15 forex pairs, including major, minor, and exotic currency pairs, traders have ample opportunities to capitalize on market movements. Additionally, the broker provides access to CFDs, commodities, indices, gold, silver, oil, and popular cryptocurrencies such as Bitcoin and Ethereum.

The broker's trading platforms, including MT4 and Cresco Trader, offer advanced charting tools, real-time market quotes, and a variety of order types, allowing traders to execute their strategies with precision. Both platforms are available for web and mobile trading, ensuring traders can monitor and manage their positions on the go.

With a minimum trade size of 0.1, CrescoFX.com caters to both small and large traders. The maximum leverage of 30:1 provides traders with the opportunity to amplify their positions, potentially increasing their profits. However, it is important to note that higher leverage also comes with increased risk.

The broker allows the use of EAs/Robots, enabling traders to automate their trading strategies and execute trades based on pre-defined rules. For those who prefer professional management of their investments, Managed Accounts and MAM services are available.

Safety Check

CrescoFX.com is regulated by the Financial Conduct Authority (FCA) under license number 764353. This regulatory oversight ensures that the broker operates in accordance with strict financial and ethical standards, providing clients with a level of trust and security.

While the broker's address is provided, information about regional offices is not specified. However, the FCA regulation adds credibility to the broker's operations.

FAQ

Q: Can I trade cryptocurrencies on CrescoFX.com?

A: Yes, CrescoFX.com offers trading in popular cryptocurrencies such as Bitcoin and Ethereum.

Q: What is the minimum deposit required to open a live account?

A: The minimum deposit required to open a live account is $1,000.

Q: Can I use EAs/Robots for automated trading?

A: Yes, CrescoFX.com allows the use of EAs/Robots for automated trading.

Q: What deposit and withdrawal methods are available?

A: Deposits and withdrawals can be made conveniently through bank wire transfers.

Disclaimer: This review is based on the information available on the CrescoFX.com website and should not be considered as financial advice. Trading forex and other financial instruments involves risk, and it is important to carefully consider your investment objectives and risk tolerance before engaging in any trading activity.

If you have any personal experience with CrescoFX.com, feel free to leave your feedback on the forexroboteasy.com website.