cryotoxtrade.com has been flagged by AMF (France) for "Unauthorised". Category: Produits_dérivés_sur_crypto-actifs This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: cryotoxtrade.com.
I gave cryotoxtrade.com a fair chance. After for close to eighteen months of usage, I can say with confidence that there are far better options available. The interface is clunky, the fees are higher than competitors, and the customer support team seems overwhelmed or understaffed.
Pros: Excellent charting|Real-time alerts|Comprehensive tools|Economic calendar
Cons: Desktop app not available on Linux
After spending since early this year trying to make cryotoxtrade.com work for me, I have given up. The platform has too many limitations, the fees are not competitive, and the quality of their market data is questionable. There are much better options available.
Pros: Customizable dashboard|API access
Cons: Onboarding videos are outdated
cryotoxtrade.com offers copy trading. I copied a top trader. The copy trades often executed at worse prices than the original. When I asked why they said it was due to latency and liquidity. So the feature is broken or they are skimming. Either way I stopped using it.
Pros: Good analytical tools|Excellent charting
Cons: Minor UI glitches occasionally
The only good thing about cryotoxtrade.com is that they remind you why regulation matters. I found them after a family member had a good experience. They are regulated in a jurisdiction with weak consumer protection. When things went wrong I had nowhere to turn. Stick to well-regulated brokers.
Pros: Multiple order types|High security standards|Great customer service|Regular platform improvements
Cons: Charting tools need more indicators|No crypto staking
I had a dispute with cryotoxtrade.com and went to their complaints process. They have an internal team that just defends the company. Then they said I could go to an ombudsman - but the ombudsman they use is industry-funded and rarely rules for the client. The system is rigged.
Pros: Competitive fees|Real-time alerts|Customizable dashboard
Cons: Limited social trading features|Withdrawal takes 1-2 business days
The reporting at cryotoxtrade.com is laughably bad. Tax documents are inaccurate, transaction histories have gaps, and trying to export data for your accountant is a nightmare. For a financial platform, getting the numbers right should be the bare minimum.
Pros: Quick verification|Regular platform improvements|Demo account available
Cons: Website design could be more modern|Charting tools need more indicators
Do not be fooled by the professional-looking website. Behind the scenes, cryotoxtrade.com is disorganized and incompetent. I found them from a blog post comparing services and I can only assume the positive reviews are either outdated or paid for because my experience was terrible.
Pros: Educational resources|Segregated accounts
Cons: Withdrawal takes 1-2 business days
The onboarding at cryotoxtrade.com was smooth which makes the subsequent experience even more frustrating. Once they have your money, the quality of service drops dramatically. Getting anyone to help you with an actual problem is nearly impossible.
Pros: Educational resources|Excellent charting|Wide product range
Cons: Spreads widen during volatile periods
I referred a friend to cryotoxtrade.com after seeing their ad online. We both deposited. The referral bonus never arrived. Support said we did not meet the terms. When we asked which terms they pointed to a clause that was added after we signed up. Shady.
Pros: Transparent fees|Comprehensive tools
Cons: Currency conversion fee exists|No crypto staking
The spread at cryotoxtrade.com is not what they advertise. During volatile markets it widens so much that you lose before the trade even starts. I found them after my brother mentioned them and initially thought the platform was good - until I started trading seriously.
Pros: Clear documentation|Portfolio tracking tools|Segregated accounts|Regular updates
Cons: Desktop app not available on Linux|Mobile app could be improved