Cryptocurrency Review 2024: Fees, Platforms, App, Safety & More

This article covers the broker's safety standards, regulations, and reputation. It will also discuss how to open an account with, its fees, and commission for trading Bitcoin & altcoins, types of accounts, and supported payment methods.

Author: Alex Waick   -   Last updated: 19/03/2024 Logo Overview is a top brokerage firm for easy trading across global markets. Listed on the FTSE 250, it aims to improve financial trading standards. With user-friendly platforms, you can trade over 2000 products, including forex, stocks, commodities, and cryptocurrencies. It suits both beginners and pros with flexible accounts, low fees, multiple regulations, and 24/7 support. A go-to choice for hassle-free trading! Main Features

🪙 Number of Coins22+
🔧 Margin TradingYes
🔧 CFD TradingYes
💰 Minimum Deposit$100
💰 Zero Deposit FeesYES
💰 Zero Withdrawal FeesYES

Pros and Cons

While considering the multiple benefits of signing up with the broker, you must carefully review the associated cons before making a final move. Have a look at some pros and cons of the broker below. A little explanation will help you understand them better. Pros & Cons

Advantages of

  • Seamless sign-ups
  • Rich educational resources and research tools
  • Strong regulatory framework
  • User-friendly trading platforms
  • Free withdrawals

Disadvantages of

  • Limited customer support
  • High CFD fees
  • Lowe leverage
  • Slow deposit and withdrawal process


  • Seamless sign-ups: The broker offers a quick registration process. It takes you only a couple of minutes to open an account with it. The verification process is pretty fast as well.
  • Rich educational resources: The company pays special attention to equipping clients with profound knowledge and providing them access to advanced research tools for a rich trading experience.
  • Solid regulatory framework: Besides being a part of the group listed on LSE, the company holds regulations from reputable regulatory institutions worldwide, such as ASIC, FCA, and CySEC.
  • User-friendly trading platforms: In addition to the industry-standard MetaTrader platforms, the company also provides access to its custom-built easy-to-use trading platforms, including MarketsX and MarketsI.
  • Free withdrawals: While the broker doesn’t charge any fee on deposits, it doesn’t employ any fees on funds withdrawal either.


  • Limited customer support: The broker doesn’t offer customer services on weekends. Therefore, if you need to connect with the customer support staff, you can reach them between Monday to Friday.
  • High CFD fees: Compared to its competitors, the company fees on trading CFD positions seem higher.
  • Low leverage: While the broker offers a leverage of up to 1:2 on cryptocurrencies, the maximum leverage available for trading fiat currencies is 1:30.
  • Slow deposit & withdrawal process: Despite offering multiple payment methods, the broker lags to process deposits or withdrawals on time. Usually, it takes between a day or two to access your funds. Wire transfers may take even more days. Regulations, Offices & Supported Countries:

Regulations operates under the brand name of Safecap Investments Limited in Europe and holds regulations from the Cyprus Securities and Exchange Commission (CySEC) under licence no. 092/08. The company also has a permit to operate in South Africa under licence no. 43906. The Financial Sector Conduct Authority (FSCA) regulates it there.

Similarly, the entity operates under the brand name of Finalto Trading Limited in Australia and the UK under license numbers 424008 and 607305, respectively. The group serves the rest of the world through the BVI Financial Services Commission regulations under license no. SIBA/L/14/1067.

Moreover, financial reporting, client firm funds segregation, asset management, and other aspects of the company’s activities are all subject to stringent regulatory and compliance standards.

Country(s)European UnionUnited KingdomAustraliaBVI
Regulation AuthoritiesCySECFCAASICFSC
Supervisory AuthoritiesCySEC, FSC, GFSC*FCAASICFSC
Complaints AuthoritiesFinancial OmbudsmanFinancial OmbudsmanAustralian AFCABVI FSC


The group has regional offices in several jurisdictions, including Cyprus, Australia, South Africa, the British Virgin Islands, and the United Kingdom. Supported Countries

The company accepts clients from almost all parts of the world, excluding a few jurisdictions like Japan, India, Pakistan, Iran, Turkey, North Korea, Belgium, Canada, and the USA. Given below table lists supported countries at Supported Countries
Aland IslandsAlgeriaAndorraAngolaAntigua & Barbuda
BhutanBosnia & HerzegovinaBritish Virgin IslandBruneiBulgaria
CameroonCape VerdeCentral African RepublicChadChile
Cocos (Keeling) IslandsColombiaComorosCongo – BrazzavilleCongo – Kinshasa
Cook IslandsCosta RicaCroatiaCuracaoCyprus
CzechiaCote d’IvoireDenmarkDjiboutiDominican Republic
EcuadorEgyptEI SalvadorEquatorial GuineaEstonia
EswatiniFaroe IslandsFinlandFranceFrench Guiana
HungaryIcelandIndonesiaIrelandIsle of Man
New CaledoniaNigerNigeriaNorth MacedoniaNorway
OmanPalestinePapua New GuineaParaguayPeru
ReunionSan MarinoSaudi ArabiaSeychellesSierra Leone
SlovakiaSloveniaSolomon IslandsSouth AfricaSouth Korea
SpainSt. MartinSt. Pierre & MiquelonSt. Vincent & GrenadinesSuriname
Svalbard & Jan MayenSwedenSwitzerlandSao Tome & PrincipeTajikistan
TongaTurkmenistanTuvaluUkraineUnited Arab Emirates
United KingdomUruguayUzbekistanVenezuelaVietnam
Wallis & FutunaWestern SaharaZambia

List of Available Coins at offers over 20 cryptocurrencies, in addition to allowing investors to diversify their portfolio in the mixed market (see other products). The broker provides up to 1:2 leverage for trading supported cryptos in most jurisdictions. With a 1:2 leverage, clients may trade $2 worth of crypto assets for each dollar deposited. The company supports the listed cryptocurrencies.

Please note that all these crypto-assets are available as CFDs. That means, instead of buying the entire asset, clients can speculate over their prices to make profits. is one of the best CFD brokers around.

Let’s explain how CFD contracts work to help you understand them better.

A CFD is a contract (trade) between two parties willing to swap the difference of the market’s value of an underlying asset between the two dates i-e opening and closing. CFDs are usually available on equities, forex, cryptocurrencies, indices, bonds, commodities, etc.

CFDs are also known as financial derivatives. That is, the price you exchange is based on market value.

As an example, on, the price of US crude oil CFDs derives from the underlying US crude oil futures contract (WTI).

CFD traders do not own the underlying asset. Instead, you purchase or sell contracts based on your forecast of market movement. Trading CFDs means you open a position that defines your market exposure to the value of the CFDs you desire to trade.

Trading any financial instrument, including CFDs, carries some inherent risks. Please review the information below to learn more about the possible risks involved with trading CFDs.

For example, CFDs involve market exposure for a fraction of the deal. This implies that you might potentially earn if the market swings in your favor. Also, if you don’t use risk management techniques properly, you might lose money.

Consider this example.

A CFD position of £1,000 @ 5% margin rate requires only £50 in margin.

Your original £100 bet will be a loss if the deal’s price goes against you by 10%. Because whether you bought £1,000 worth of tangible shares, money, or commodities, your market exposure remains the same. The market’s movements affect your capital more than if you bought the same number of shares. Supported Crypto

  1. Aave – (AAVE)
  2. Bitcoin Cash – (BCH)
  3. Bitcoin – (BTC)
  4. Ethereum – (ETH)
  5. Polkadot – (DOT)
  6. Dash – (Dash)
  7. Dogecoin – (DOGE)
  8. Tezos – (XTZ)
  9. Cardano – (ADA)
  10. Chainlink – (LINK)
  11. Compound – (COMP)
  12. Litecoin – (LTC)
  13. Maker – (MKR)
  14. Monero – (XMR)
  15. Neon – (NEO)
  16. Stellar – (XLM)
  17. Ripple – (XRP)
  18. Tron – (TRX)
  19. Basic Attention Token (BAT)
  20. Synthetix – (SNX)
  21. Yearn. Finance – (YFI)
  22. EOS – (EOS)
  23. Curve Dao Token – (CRV)

Supported Fiat Currencies supports the following fiat currencies.

  1. Euro (EUR)
  2. Australian Dollar (AUD)
  3. Swiss Franc (CHF)
  4. Great Britain Pound (GBP)
  5. South African Rands (ZAR)
  6. USD (U.S. Dollar)
  7. Swedish Krona (SEK)
  8. Poland złoty (PLN)
  9. Danish Krone (DKK)
  10. Norwegian Krone (NOK)

Supported Crypto-Crosses

  1. Aave – (AAVE)
  2. Bitcoin Cash – (BCH)
  3. Bitcoin – (BTC)
  4. Ethereum – (ETH)
  5. Polkadot – (DOT)
  6. Dash / U.S. Dollar – (Dash/USD)
  7. Tezos / U.S. Dollar – ((XTZ/USD)
  8. Cardano / U.S. Dollar – (ADA/USD)
  9. Chainlink / U.S. Dollar – (LINK/USD)
  10. Compound / U.S. Dollar – (COMP/USD)
  11. Litecoin / U.S. Dollar – (LTC/USD)
  12. Maker / U.S. Dollar – (MKR/USD)
  13. Monero / U.S. Dollar – (XMR/USD)
  14. Neon / U.S. Dollar – (NEO/USD)
  15. Stellar / U.S. Dollar – (XLM/USD)
  16. Ripple / U.S. Dollar – (XRP/USD)
  17. Tron / U.S. Dollar – (TRX/USD)
  18. Basic Attention Token / U.S. Dollar – (BAT/USD)
  19. Synthetix / U.S. Dollar – (SNX/USD)
  20. Yearn. Finance / U.S. Dollar – (YFI/USD)
  21. EOS / U.S. Dollar – (EOS/USD)
  22. Curve Dao Token / U.S. Dollar – (CRV/USD) Trading Fees:

Since the company has a complex fee structure, It isn’t easy to evaluate’s trading expenses. employs floating spreads. That means they keep changing during the trading day depending on different factors such as market volatility and available liquidity. Overall, pricing seems a bit higher than most competitors available around.

Not to mention, spreads on the company’s own Web Trader platform are often narrower than on the company’s third-party trading platforms, such as MT4 and MT5, where the product variety isn’t as comprehensive.

When there is a currency translation disparity between the trading account’s base currency and the underlying asset’s quoted currency, the broker charges a conversion fee of 0.6%.

To compensate for the upcoming weekend, the broker also charges a triple fee every Wednesday on trading currency pairs and triple prices each Friday for trading the rest of the assets.

A $10 inactivity fee per month may also apply if a trading account remains inactive for more than 90 days.

In short, unless releases average spread statistics for its variable spread products, we can’t compare it to other variable spread brokers. Even then, the overall trading and non-trading fees are likely to exceed the capacity of a budgeted client. Trading Platforms, Account Opening, and How to Buy Crypto: Desktop Trading Platforms offers a wide choice of platforms for both automatic and manual trading to all sorts of clients. Clients have access to the market using the web terminal and desktop platform or via the comfort of a mobile trading app.

Web Trader is quite simple to use. has placed a strong emphasis on providing traders with a pleasant trading experience throughout the site. Module linking, for example, is enabled by default in addition to pre-defined screeners.

While the broker offers approximately 90 indicators for technical analysis, only four drawing tools are available on the MarketsX platform which could become a limiting factor for advanced-level analysis. also provides algorithmic traders with the world’s class MetaTrader4 (MT4) and MetaTrader5 (MT5). However, the cost is higher than its flagship platform.

How to open an account with on a desktop?

Signing up for an account with is pretty straightforward. Just follow the listed steps to get started. Not to mention, the broker employs cutting-edge technology besides equipping clients with multiple trading tools to let them trade their way.

1) Visit the official website of the broker at

2) Click on the create an account button available on the top right corner of the homepage.

Account Button at

3) Fill in your details on the registration form and click the create account button. You can also use your existing Facebook, MAC or Gmail ID to sign up with the broker.

Select Country and add personal information at Screen

4)Select the country of your residence.

5) Enter your personal and financial information on the following few pages. You also need to indicate whether or not you are liable for tax purposes in the US.

Select Country and add personal information at Screen

Select Country and add personal information at Screen

Select Country and add personal information at Screen

Select Country and add personal information at Screen

Select Country and add personal information at Screen

6) Enter your mobile phone number

7) Read the terms and conditions and accept the investment service agreement.

Select Country and add personal information at Screen

8) Access the dashboard and start exploring the platform.

*Please note that although you can add funds to your account without ID verification, you need to complete the KYC process for funds withdrawals.

How to trade cryptos with on a desktop?

1) Sign in to the trading account using your login ID and password.

2) Click on the add funds button available next to the monogram. You can also add funds to your account using the blue highlighted button captioned as “add funds”.

trade cryptos with

3) Select your preferred payment method from the list of available options, such as debit/credit cards, Neteller, PayPal, bank transfers, Skrill, Wire transfers, Open banking, etc.

trade cryptos with

4) For instance, if you wish to add funds using your debit or credit card, enter the amount you want to deposit and provide the card details, such as card number, expiry date, and three-digit pin code, from the backside of your card.

5) Authenticate the transaction details to transfer funds to your account.

6) Navigate to the crypto tab available on the bottom of the side navigation panel.

7) Select the desired tradable instrument, indicate your preferred trading amount, and click buy/sell to initiate a position.

trade cryptos with

Note: doesn’t offer actual crypto assets. Therefore, you can only speculate on the price movements of an underlying asset to make profits.

Mobile trading platform: provides its unique mobile app for on-the-go users to complement the web-based platform. The app is compatible with Android and iOS-based mobile phones and tablets.

The broker’s mobile app has nearly the same functions with a similar appearance as the flagship site. The broker’s research resources are now available in the mobile app’s trading tools section.

However, the lack of sketching tools and indications in the charting tools can significantly limit traders’ potential to perform solid technical analysis. Also, watch lists don’t sync between apps, yet another drawback of the mobile offering facility.

How to open an account with on a mobile app?

After downloading the mobile application from the respective GooglePlay Store or App Store, signing up with the broker takes a couple of minutes only.

open an account with on a mobile app

1) Open the mobile app and click on the register button available on the top corner of the mobile screen. open an account with on a mobile app

2) Enter your email and password on the registration page.

3) Select your preferred currency for the account, accept the terms and conditions, and click create an account.

open an account with on a mobile app

4) Select your country of residence and provide your citizenship details. Clients also need to indicate if they are reportable to US tax authorities.

5) Enter your financial and personal information on the following pages, such as your employment status, profession, annual income, savings and investments, potential investment, nature of trading, funding source, previous trading exposure, etc.

6) Enter your mobile phone number and click continue.

open an account with on a mobile app

7) That’s it. You may sign in to your account and start placing trades.

Note: The broker is strictly compliant with ASIC and CySEC regulations. Clients need to verify their accounts as soon as possible to keep them active.

How to trade cryptos with on a mobile app?

As mentioned earlier, the sleekly designed mobile trading interface is pretty simple to navigate. You can follow the given below steps to initiate your positions.

  1. Sign in to your account using your registered email ID and password.
  2. On the dashboard, navigate to the last tab captioned as account. Click on the third option titled “Add funds” to access the deposit page.
     trade cryptos with on a mobile app
  3. Select the amount you wish to deposit.
  4. Select your preferred payment method from the available options, such as debit/credit cards, wire transfers, e-wallets (PayPal, Skrill, Neteller), bank transfers, etc.
  5. Enter the payment details, and authenticate the transaction to complete funds transfers.
  6. Navigate to the last tab captioned as search. Select your preferred group of tradable financial instruments, such as crypto.
  7. Select your favorite cryptocurrency, i-e, Ethereum (ETH).
     trade cryptos with on a mobile app
  8. Indicate your trade preferences, such as the amount you wish to invest, the size of your position, required margin level, stop loss and take profits, etc.
  9. Click buy/sell to place a trade. Payment Methods – Deposit and Withdrawals supports multiple fiat currencies, including USD/EUR/GBP. Please note that funds transmitted for purchases must be in the user’s name. The company doesn’t accept third-party payments in compliance with the anti-money laundering policies prohibiting anonymous payment transfers. Although each payment method has certain limits, bank transfers have the highest transaction volume. The company accepts the following payment methods

  1. Credit card
  2. Debit card
  3. Wire transfer
  4. Neteller
  5. Skrill
  6. PayPal
  7.  Fast Bank Transfers
  8. Sofort
  9. iDeal
Company / PMsWire transfer


Credit Card






Local Bank transfer(s)


BVI100100100N/A100N/AN/A Education endeavours to educate clients by offering unequalled resources for learning multiple investments and trading skills. The company’s Knowledge Centre is a central point from which you may access trading and investment information in four ways.

Education on


XRay is a custom financial live-streaming service. Clients Get live and interactive decision-making news, expert perspectives, and analysis right in-platform.


These help beginners to access detailed guides to Trading Financial Markets.


Clients can read the latest market news and the company’s perspective. The broker covers everything from earnings reports to trade disputes to economic updates.


Clients can read analysis for the company’s financial experts’ lengthier, in-depth insights on the market’s key challenges affecting your trading. Customer support pays special attention to ensuring quick and efficient customer services. Aside from a 24/7 multilingual customer care crew, the platform’s comprehensive FAQs section also offers valuable resources for clients to seek a timely solution to their queries and concerns. Clients can also raise their problems with the company over email or telephone. Online Reviews

What are people saying about on Reddit?

American social news, content rating, and conversation website Reddit is also one of the famous social networking platforms. Users add links, text, photos, videos, etc., to the site anticipating the public to provide their opinion and vote them up or down. We were also sceptical about and wanted to know what people perceive of it as a financial intermediary. Review on Reddit

Although people seem least interested share their experiences with the platform, we luckily found a few threads where users were cautioning people to remain careful while opening an account with Another member seemed to suggest people start low and try it for themselves.

What are people saying about on Quora?

Quora is a popular social networking site where users interact and discuss their life experiences. It is one of the finest places to seek people’s feedback on public and private corporations. While searching for the information on, we couldn’t find much except for a couple of threads where people wanted to know which is the best platform to trade crypto assets between the AvaTrade trading platform, and A Quora member replied that it becomes hard for one to tell you exactly which platform suits you more since people have different trading preferences and financial goals. Review on Quora

A platform that works well for an experienced trader may prove no less than a nightmare for a beginner. It is best to compare both platforms’ features and services such as trading conditions, fees & commissions, spreads, customer service, and trading platforms. That’s how you may learn how these platforms work. He added further that for several accounts, he used Avatrade, though. Overall, we believe there should have been more threads discussing the broker since it is one of the old brokerage firms with a vast clientele base worldwide.

Is Safe? is a brand name of Finalto owned by Playtech company listed on the London Stock Exchange (LSE). The broker has been in the industry for over a decade and holds regulations from multiple top-tier regulators, including ASIC, CySEC, and FCA. Besides keeping clients’ funds in segregated bank accounts, the company maintains sufficient funding to remain liquid. The company also holds registration with Financial Services Compensation Scheme.

Under registration with FSCS, allows clients to claim their financial losses of up to £85,000 in the United Kingdom. On the other hand, the company also protects EU clients against a capital loss of up to €20,000 if the firm becomes insolvent. The company employs advanced security protocols, such as SSL web encryption and two-step authentication to protect clients financial and confidential data. VS eToro

While it sometimes becomes difficult to compare two top-rated platforms, side-by-side comparison helps you know which platform offers value for your money more. Let’s quickly review some features of both and eToro. is a multi-asset brokerage firm with user-friendly platforms and over 2,000 trading products. Between the brokers’ strict rules and accurate suggestions to clients, the company stands out for its multi-language support and website accessible in more than ten languages.

Being a reputed FTSE 250 broker with enhanced transparency, the broker keeps its trading cost pretty competitive and strives to meet individual clientele needs and allow them to connect via email or live chat at any time, five days a week.

While the broker ensures an in-depth briefing on its various products and services, most individuals agree that its onboarding training is unparalleled.


The eToro trading platform is a financial trading intermediary based in Israel. The company commenced business in 2007. It now has over 20 million registered members and is one of its most prominent social networks, having customers in more than 130 countries.

eToro has approximately 3,000 financial instruments to offer, including CFDs, FX, ETFs, and cryptocurrencies. Besides being a multi-asset broker, eToro allows you flexible trading options to choose whether to trade cryptocurrency via CFDs or actual coins (e.g. buy Bitcoin (BTC), buy Ethereum (ETH), buy Litecoin, etc.

Imitate trading is a popular feature on eToro, where traders may copy the trades of experienced investors and earn rewards for sharing their trading ideas. Trading actual cryptocurrency on eToro costs 0.75%, whereas converting fiat to cryptocurrency costs a whopping 5%. Meanwhile, eToro charges only 0.1 % for crypto-to-crypto transfers. EToro competes well with the average industry standard in terms of fee structure.

Conclusively, we believe eToro is more competent in terms of services and essential features since you can bargain for a bespoke product of your choosing, which is very advantageous to inexperienced traders. Products & Services

Strategy Building Tool

Clients can use the company’s Investment Strategy Builder tool to build portfolios. The strategy tool enables users to filter their investments by index, sector, daily volume, and market cap. With the newly developed strategy builder tool, puts you in charge of your long, medium, or even short-term investments. Also, the industry-leading platforms and tailored VIP services enable you to make the most of global marketplaces without needing intermediaries.

Real-time Decision Stats strives to become the home of trading. Thus, it tends to remain more transparent. The execution statistics help you understand what might happen with your positions and develop your trust over the quoted prices.

Stock/Share Dealing

Clients can buy and sell hundreds of stocks and create their portfolios using the company’s advanced data and analytics tools. All they need to do is open an account and enjoy three months of commission-free trading.

Blend Markets

MarketsX offers unique stock and crypto Blends. These thematic stock baskets expose you to industry leaders, renowned investors, and even global events. Blends enable clients to trade global developments impact i-e US-China trade war on a single position. Moreover, clients can also use a single position to trade major sectors such as oil, US tech and eCommerce.

On the other hand, crypto blends allow you to invest in four major cryptocurrencies, including Bitcoin, Litecoin, Ethereum, and Ripple.

Conclusion strikes a good mix between simplicity and capability. While the broker’s research tools lag behind industry leaders, its spread cost seemed to have improved over time. However, the company remains an expensive option for those who prefer to trade using third-party platforms, such as MetaTrader4 and MetaTrader5. A user-friendly trading interface, multiple payment options, efficient customer support, and a robust regulatory framework are vital areas of the broker that make it stand out amongst its competitors

Frequently Asked Questions (FAQs)

Yes, is real. It’s a legitimate forex and CFD broker that is regulated by the Cyprus Securities and Exchange Commission (CySEC). is a CFD and forex broker.

Yes, is a well-known and reputable online platform for CFDs and Forex

Yes, Markets COM is regulated by the FCA. The company is authorised and regulated by the Financial Conduct Authority (FCA) in the United Kingdom. is located in Miami, Florida, United States .

As with any brokerage, there are always risks involved in trading. However, is a regulated broker, which means they are held to certain standards and requirements. Overall, we would say that is a safe broker to use.

It’s actually pretty easy to trade on Just create an account and deposit some funds, then select the asset you want to trade and the amount you want to invest. Click “buy” or “sell” depending on whether you think the price will go up or down, and wait for the order to execute.

Yes, you can trade options on Options are a type of derivative security that gives the holder the right, but not the obligation, to buy or sell an underlying asset at a specific price on or before a certain date.

The process of withdrawing money from markets com is actually quite simple. All you need to do is log in to your account, click on the “Withdraw” button, and then select the method by which you would like to receive your funds. Once you’ve selected your preferred withdrawal method, simply enter the amount of money that you wish to withdraw and click “Confirm.” That’s all there is to it!

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