Is CryptoMakers a scam or not?
Is CryptoMakers a scam or not? We tried to answer this question, and decided to google it. Accordingly, our article will be based on the information that we found.
Can you google it yourself? Maybe.
But we are here to show you all the details behind everything that we found online. We were investigating CryptoMakers for 2 weeks straight, to get you the most up to date, honest full broker review.
Because let’s be honest, if you find that a broker is Regulated, you trust him right away. But we are here to dive into the details, let’s get into it.
Broker Information – Is CryptoMakers a scam or not?
In search queries, we found the following information about the broker:
- The broker is part of a large conglomerate of the company – R Capital Group LTD. This holding is registered in Seychelles with registration number 19726.
- The broker has CIF regulation – Cyprus Securities and Exchange Commission – number 186/122.
Thus, we see that the broker carries out its activities on legal terms, legally following the Cypriot CIF legislation. Therefore, the broker as a partner is transparent and clean.
First of all the CryptoMakers is regulated in Cyprus, that means that it’s regulated by the Cyprus authorities, and hey, did you know that Cyprus is an “offshore” zone? That means less tax for the broker. Less tax for you.
Less tax = less commission and lower spreads. Its a win win.
Withdrawal fees? Yes you guessed right, you will get absolutely 0% withdrawal fees.
Types of deposits: CryptoMakers a scam or not?
Ensure that the CryptoMakers broker is not a scammer and provides you with really favorable trading conditions. In addition, we invite you to look at the types of accounts that the CryptoMakers has to offer.
“Basic” (from € 5,000 to € 10,000).
Includes: Account manager – Counsel, Withdrawals approvals – 5 business days, Direct Financing – 25%, Leverage – Up to 1: 5, Spreads – From 1,5 Pips, Education – 1 Analyst session, IPO Access – By invitation.
“Silver” (from € 10,001 to € 25,000).
Includes: Account manager – Counsel, Withdrawals approvals – 3 business days, Direct Financing – 50%, Leverage – Up to 1: 30, Spreads – From 1,0 Pips, Education – 3 Analyst session, IPO Access – Priority.
“Gold” (from € 25,001 to € 100,000).
Includes: Account manager – Customized, Withdrawals approvals – 24 hours, Direct Financing – 100%, Leverage – Up to 1: 100, Spreads – From 0,5 Pips, Education – Online course, IPO Access – Done, Copy Trading – Done, Money management plan – Done, Access to premium Contest – Done.
“Platinum” (from € 100,001 to € 250,000).
Includes: Account manager – Customized, Withdrawals approvals – 4 hours, Direct Financing – 4 hours, Leverage – Up to 1: 300, Spreads – From 0,0 Pips, Education – Full Program, IPO Access – Done, Copy Trading – Done, Money management plan – Done, Access to premium Contest – Weekly, Saving account – Done.
“Diamond” (from € 250,000 )
Includes: Account manager – Customized, Withdrawals approvals – Swift, Direct Financing – Customized, Leverage – Up to 1: 500, Spreads – From 0,0 Pips, Education – Full Program, IPO Access – Done, Copy Trading – Done, Money management plan – Done, Access to premium Contest – Daily, Saving account – Done, Negative Balance protection – Done.
CryptoMakers platform
Broker CryptoMakers provides traders with two developed trading platforms.
CFDs are the standard trading platform: lightweight and simple, straightforward platform to use. The platform on the broker’s website is available to you. To trade, you will need to have a stable Internet connection. Any asset can be bought and sold on this platform. You have +200 instruments at your disposal. On this platform, traders have the option to save their charts, which the trader can analyze using the advanced indicators that the platform includes.
EFT is a unique platform for traders. It provides a unique asset that you can invest in. One such asset includes four ordinary assets. This is similar to the top 100 UK stocks (Indices), but different. You can quickly figure it out on this platform. You will only need to click on the investment you choose and how much money you choose to invest.
Decent tools from the broker CryptoMakers
Signals are a tool for traders that you can use to know what direction the market is going. The broker provides signals for different types of assets.
Autotrading – trading on the stock market carried out by a trading robot in automatic or semi-automatic mode. Or, in other words, it is the analysis of the stock market and the management of the trading process. You press one button to start, and the robot will trade for you. That’s it.
Social trading is the automatic copying of trades from professional users and making a profit from the copied orders following the configured parameters by traders.
Pamm – account is one of the options for the trust management of your funds in the financial markets. The account manager does not have direct access to your money but can open trades on the stock exchange, risking your funds.
In theory, your financial result depends on the specific PAMM account you trust.
And more types of tools
A pending order is a trader’s order to conclude a deal at a price different from the current one. It allows you to buy or sell an asset at a price threshold preset by you, which is more beneficial for you to conclude a trade for. When you set up a pending order it will get executed only when the stock will hit the price that you have set.
Stop-loss/take profit is pending orders that are triggered when the price passes certain levels. When placing such orders, the trader limits his profit and loss in advance.
Stop loss is the lower limit. That is, it concerns the losses that you are willing to incur. And take profit – the upper limit – is your profit, which you want to acquire in the best scenario at the auction.
Education – providing you with the necessary literature and video lessons to interact with the broker’s platforms and trade simulation to train the profession of a trader. In some instances you may get personal one on one education from a professional analyst if your trading account includes these services.
More reviews from social networks about CryptoMakers
We found the following thoughts from real clients on the Internet about the CryptoMakers broker:
Therefore, it makes sense for you to trust them.
Can you easily withdraw your profits or is CryptoMakers a scam ?
Can you withdraw your money from the broker or is CryptoMakers a scam? As we saw before the broker is regulated by CIF, the Cyprus authority. Therefore it is impossible for CryptoMakers NOT to withdraw your money.
You will ALLWAYS get your withdrawals in time.
As you can see, our opinion is supported by other Internet resources, some of which directly interacted with the broker-traders. In addition, the absence of negative reviews about the broker also plays an important role.
In addition, we would like to remind you that the broker is accredited and registered – CIF. Accordingly, the Republic of Cyprus authorities have already confirmed by this that the broker is not a fraud.
Therefore, the conclusion is that CryptoMakers is a legitimate and bona fide broker who cares about its clients—providing excellent tools like pamm accounts, social trading, signals, and auto trading.
Therefore, we think that it is worth opening an account with this broker and becoming a trader with them. You have all the necessary tools that CryptoMakers provides for you to become a great trader.
