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7 MOST POPULAR FOREX AND CRYPTO SCAM METHODS [SCAM ALERT]

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7 MOST POPULAR FOREX AND CRYPTO SCAM METHODS [SCAM ALERT]

7 MOST POPULAR FOREX AND CRYPTO SCAM METHODS (SCAM ALERT)

Forex and cryptocurrency scams have been a real scourge in recent years. How do scammers swindle money from unsuspecting investors? There are many methods, and new ones are constantly being developed, and the people behind these procedures often need more conscience.

In this article, you will learn how scammers extract the last penny from their victims.

What is a Forex scam?

Scam translates to “scam“. A Forex scam is nothing more than a method of extorting money and personal data under the guise of a Forex broker’s activity, i.e. offering investment services on the foreign exchange market. Services related to the stock market, ETFs, precious metals, cryptocurrencies, and asset management are also increasingly used.

Scammers are sometimes individuals, but they are often an organized group that creates a multi-person call centre to maximize their “potential” in the shortest possible time. The “lifespan” of a scam usually does not exceed a few months. After it comes to light that a given “entity” is engaged in illegal activities, its effectiveness decreases due to negative opinions appearing on the Internet and official warnings of regulators (more on this later in the article). Very often, there is a so-called rebranding (creation of a new name and website), and company X, as if after cutting off the hydra’s head, is replaced by two other companies – Y and Z – which the same people run.

Forex and Cryptocurrency Scams

As we mentioned at the beginning, there are many methods of fraud, and the business itself is so lucrative that more are constantly being invented. However, it is possible to specify a few of the most popular methods that, despite the passage of time, still turn out to be effective. But let’s start with how scammers find their victims.

Contact with an unaware investor usually takes place through:

  • telephone
  • email
  • social media and messengers (Whatsapp, Discord, Telegram, Skype).

Fraudsters rely on the fact that by making 1000 phone calls and sending 10,000 emails or messages. Statistically, they know that using the art of manipulation, a few or a dozen people will certainly be able to “catch”. Therefore, you may receive even a dozen calls from various scams quickly.

Contact

A strange number calls us, which presents us with an interesting proposal of cooperation and investment of funds. However, the question arises – where did the scammer find our phone number? As a rule, scammers buy databases that contain numbers, and often also names and emails, which increases the chance of success on the part of fraudsters. If someone has our number and name, they probably know us, and everything is OK. Nothing could be further from the truth.

Email contact

It is the least effective method, but that does not mean it has no chance of success. A lot of advertising spam in our mailbox daily lowers the chance of clicking on a fraudulent link, but it’s still there. Scammers often tempt us with catchy email titles or impersonate popular companies we may know or even have an account with. Stealing databases of emails, collecting them through ads and simple shopping websites (landing pages), as well as trading email addresses – as a result of these activities, fraudsters most often obtain our emails.

Social Media & Instant Messaging

If you are approached by a stranger who tempts you with a unique opportunity to earn money, then know that something is going on. There are no free lunches at the stock market. You are probably dealing with a scam if someone promises you sure and easy profits from Forex or Crypto trading. We often receive messages from strangers who are wolves in sheep’s clothing and only seemingly want to establish a friendly relationship with us, but their real purpose is completely different. Be wary of messages from strangers, especially beautiful women (more on that later).

Forex Scam – The Most Common Methods

Let’s get down to the nitty-gritty of this article, i.e. a list of the most popular methods scammers use to convince us to start “investing”.

#1. On the Classics

The most common scam is a normal offer to open an investment account with favourable trading conditions. Usually, there is additional assistance in trading, a low entry threshold for incentives, bonuses, promotions, assurance of low risk, and so on. The base is a quickly created new broker brand with a simple website to which we receive a link to register. As a rule, fraudsters gain the funds we have deposited and the entire data set. Of course, there is no question of withdrawal. When you try to withdraw funds, the staff usually gets aggressive, convinces you to stay, or cuts off contact, and the money is lost.

#2. Per Clone

Attack of the Clones is not only the title of one of the parts of the famous Star Wars saga but also a scam that regularly recurs in the “investment world”. To increase their chances of success, fraudsters often copy legitimate companies’ websites, using employees’ names, addresses, phone numbers or personal data. An inexperienced investor, at first glance, even checking the information about the company on the web, may get the impression that they are dealing with a legally operating entity. But the devil is in the details, and sometimes only the details (which can be seen at first glance) can tell us that we are dealing with fraud.

#3. On the regulator

The “Financial Supervision Authority” may also be a fraud. Of course, this refers to a situation where an alleged Financial Supervision Authority employee contacts us to help avoid the loss of funds, e.g., under the pretext of receiving information from our bank about an attempt to extort funds from our bank or investment account. In the next stage, an attempt is made to extort sensitive data to allow us to enter our account and withdraw funds from it.

#4. On the Asian Girl

Did a beautiful Asian girl send you a message on Instagram? This could be the beginning of a great acquaintance… Or another scam. A seemingly friendly relationship, which can last up to weeks, turns into braggadocio about profits from the stock market, which is supposed to be helped by the eponymous Asian woman by her uncle working in an international hedge fund, without persuading, sending suspicious links, but presenting screenshots of lucrative stock market transactions. Admittedly, we have never seen the girl with our own eyes, but it is appropriate to ask: “Can I also invest like this?”. This is the question scammers are waiting for. You can probably already guess the rest…

#5. For the withdrawal of profits from the account

Forgotten bitcoins on a crypto wallet like $50 in old jeans? It has happened to more than one. Over the years, traders have been able to register with various companies, deposit small amounts of money there as a test of the service, and then forget about them. This scenario is played by some scammers looking for their victims. In short, you receive a call from company X reminding you of a certain amount of outstanding money on your old account that you can withdraw. However, to do so, you must enter your details and “unlock” the deposit/withdrawal process by making a new deposit.

A recording of such a conversation between the Forex Club scammer is presented at the end of this article.

Fun fact: when writing this article, we received a call from a scammer “to withdraw profits from a Binance account.”

As a result of many reports from users of the Binance cryptocurrency exchange who were contacted by “fake employees”, an official website has been created where we can check the integrity of a given contact – LINK.

#6. On the money manager, trading signals, automated trading

Fraudsters often come across people who would like to multiply their savings, which they lose, especially in times of inflation, but need more time, knowledge or skills. That’s when scammers come up with an offer to help with investments. All you need to do is create an account and deposit funds, and the rest will be handled by an “experienced broker”. It can also help us to make transactions on our own by sending investment certainties.

Another scenario proposes using an automated strategy (robot, EA) that records great results. All you have to do is transfer the cryptocurrencies to the appropriate wallet, and the “algorithm” will take care of the rest.

#7. With AnyDesk software

AnyDesk is an application that allows access to our computer through a remote desktop. This means that a person from the other side of the world can operate on your computer with your permission. It can be used for any of the above scam schemes, but using AnyDesk by scammers is a popular practice worth highlighting. If your broker asks you to install this application, you can practically be sure you are dealing with a scammer. Do not do this under any circumstances.

Scammers are patient and squeeze money out of victims to the end.

There are express scams, where after 1-2 phone calls, an unaware investor is convinced to start an investment, and after a few days/weeks, the matter turns out to be obvious. The invested funds are lost, and often the blame is put on “bad investments”. However, there is no shortage of more sophisticated methods that, in their scenario, assume that a potential victim who has deposited a small capital on a trial first records regular profits. This is often an incentive that makes the investor put in more capital. Sometimes, it takes a few weeks or even months to come to our senses when we want to withdraw some of our profits and run into problems. Refusals, stalling, aggression, and more begin.

There are known cases where everything takes place in an extremely pleasant atmosphere, and the only condition to receive the payment of profits is… Settlement of profit/dividend tax. However, we must do it with an additional transfer before the funds are withdrawn from our investment account. This is, of course, another lie that has only one purpose – to squeeze the last transfer from the caught victim. After transferring the indicated amount of tax, we return to the scheme from the previous paragraph, and finally, the contract is cut off.

Recovery Companies

The growing number of victims of Forex and Crypto scammers has led to companies specializing in recovering funds starting to appear on the market. Sounds like a miracle lifeline? 

Be careful!!! Increasingly, it happens that they are also scammers. After providing a complete data set and an advance payment to start activities, it turns out that… You’ve been scammed again. Sounds comical? The victims of these “companies” are no laughing matter…

However, there are companies that, over the years, have developed appropriate contacts (e.g. cooperation with banks, payment intermediaries, and cryptocurrency exchanges) and their know-how (e.g. analysis of blockchain transfers) and have specialized in recovering funds from this type of scam. However, no one can guarantee the final result, and the chances of success of such an operation often depend on many factors. 

Recovering funds from clever and skilled criminals is not easy and is not always possible. However, not fully ethical debt collection companies often use sham activities (e.g. they prepare ineffective letters and emails that have no chance of success) and lure their clients with the spectre of success only to collect (and completely legally) a commission for the steps taken.

This said a few good companies help traders receive their funds Back. 

Global Recovery alliance
Global Recovery alliance

One of them is Globalrecoveryalliance.com is a Dutch company specializing in recovering funds extorted by unreliable companies and “scams” impersonating honest Forex brokers, binary options brokers, and cryptocurrency projects. If you’ve been scammed, there’s a good chance that Global Recovery Alliance can help you!

GRA started over 18 years ago to offer expert help to people who need it.

They offer many important services to help you get back on track easily. Their team uses experienced pros, the latest tech, and strong values to meet the needs of many types of clients, including:

They focus a lot on helping clients find and return their assets quickly and smoothly, without the hassle of long court fights.

Have an issue ?, give them a call to get some advice on how to proceed

Regardless of your size, GRA’s skilled team is here to offer services like financial advice and customized support to help you reach your goals safely and effectively.

Conclusion

Navigating the treacherous waters of the forex and cryptocurrency markets can be daunting, especially for those new to the trading scene. Scammers are ever-present, deploying various cunning methods to part unsuspecting investors from their hard-earned money. From the classic bait-and-switch to the more insidious impersonation of legitimate entities, the creativity of these fraudsters knows no bounds. But, armed with the knowledge from this article, you’re now better equipped to spot and steer clear of these scams.

The essence of avoiding forex and crypto scams lies in vigilance and education. Always question unsolicited offers, double-check the credentials of any broker or investment opportunity, and remember, if something sounds too good to be true, it probably is. In the unfortunate event that you fall victim to a scam, all is not lost. With over 18 years of experience, organisations like GRA specialize in recovering funds lost to these scams. They provide a beacon of hope, offering various services to help victims recover their assets and get back on track.

As you embark on your trading journey, let this article guide you in safely navigating the forex and cryptocurrency markets. By staying informed and cautious, you can protect yourself from the pitfalls of scams and work towards achieving your investment goals confidently. Remember, in the volatile trading world, knowledge is not just power—it’s protection.

Most Frequent Asked Questions (FAQ)

What is a Forex scam?

A Forex scam is a deceptive scheme where scammers pretend to offer investment services in the forex market to steal money and personal data from people. They might also pretend to deal with stocks, ETFs, precious metals, cryptocurrencies, and asset management.

How do scammers operate?

Scammers can be individuals or organized groups that use fake call centers to reach potential victims. They often create new fake brands and websites to seem legitimate, but these usually only last a few months before they're exposed for illegal activities.

How do scammers find their victims?

Victims are usually contacted through phone calls, emails, or social media messages (like WhatsApp, Discord, Telegram, Skype). Scammers buy databases with personal information to increase their chances of success.

What are some common scam methods?

Classic Scams: Offering to open an investment account with fake benefits.
Clone Scams: Copying legitimate companies' websites and information.
Regulatory Scams: Pretending to be from financial regulatory authorities to steal data.
Relationship Scams: Using fake social media profiles to build a relationship and then scamming people.
Withdrawal Scams: Convincing victims they have forgotten funds that they can withdraw after paying a fee.
Investment Management Scams: Offering to manage investments with guaranteed returns.
Remote Access Scams: Using software like AnyDesk to gain control of victims' computers.

What should I do if I’ve been scammed?

If you've fallen victim to a scam, organizations like GRA (Global Recovery Alliance) specialize in helping people recover their funds. They have the experience, technology, and ethical standards to potentially help you get your money back.

Can I always get my money back after being scammed?

Recovering funds from a scam can be difficult and is not always possible. Success depends on various factors, including how the scam was conducted. However, there are reputable companies with a good track record in helping victims recover their assets.

How can I protect myself from forex and crypto scams?

The best protection is to be informed and cautious. Be skeptical of unsolicited offers, research any company or offer thoroughly before investing, and remember that if something seems too good to be true, it probably is. Always use reputable and regulated brokers or investment platforms.

Remember, staying educated and vigilant is your best defense against scammers in the forex and cryptocurrency markets.

buycryptomarkets review- Learn More Now ~top 75 Crypto Broker

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buycryptomarkets review- Learn More Now ~top 75 Crypto Broker

Buycryptomarkets.com review- Learn More Now ~top 75 Crypto Broker

Buycryptomarkets review
Buycryptomarkets review

Buycryptomarkets is a potential financial broker that began its trading services in 2023. The financial service provider works with the mission to bridge the gap between traders and the capital markets.

The Buycryptomarkets review gives readers a detailed view of the broker and its services. They can study it and know what makes it a good choice.

Its powerful trading platform, tools, and charts make it the best for trading the market. I

To know more, let’s dive into the details of this Buycryptomarkets review.

The operations are smooth, with solid security functions that protect data and clients. The information clearly states that Buycryptomarkets is a legit broker and not a scam of the financial market.

Though this is a new brokerage, and the verdict will take time, we would like you to always do your due diligence. Still, we have no reason to believe brokerage Buycryptomarkets is a scam.

Security Features of Buycryptomarkets.com

The safety of funds and clients is the top priority of Buycryptomarkets.com broker. It ensures clients protect their data and funds, uses top-notch technology, and adheres to industry rules and standards.

The first point is data security with the use of data encryption methods. The data sent on the internet is safe with the broker’s high-tech security. A secure Sockets Layer (SSL) is used to ensure safety. 

AML policy is used for trading where trust and community are vital factors. Anti-money laundering laws and regulations are seriously followed. This ensures no illegal activity takes place. 

Buycryptomarkets keeps it simple, safe, and transparent with its identification and server authentication policy. Data encryption is used for safety, and data integrity is maintained during transmission. 

Pros and Cons

Buycryptomarkets.com is an excellent service provider that traders can trade with. However, it has its pros and cons. To view the benefits that traders can enjoy with Buycryptomarkets.com and what makes it a bit risky are mentioned below:

Pros:

  • Low spreads 
  • Maximum leverage up to 1:400
  • Zero trade commission 
  • Trading instruments of more than 400
  • High Security 
  • Advanced trading platform 

Cons:

  • Less transaction information offered 
  • No Regulation
  • Limited amount of cryptocurrencies

 

How do you open a trading account with Buycryptomarkets.com?

Opening a trading account with Buycryptomarkets. co is the same as with other brokers online. Traders are required to register, provide information, and deposit funds to start. Below, the process is given in detail:

Begin by visiting the website www.Buycryptomarkets.com and then clicking on the “register” account tab. A new window opens with a form to fill out: a registration form. 

It includes email address, name, contact number, and password. Once these are filled, the trader is registered with Buycryptomarkets. 

The next step is to provide further information, which includes personal data. Basic information is asked for verification and security purposes. Job, income source, tax payment, license, etc., are required. 

The third step is to upload documents online for identification and verification. This will ensure a secure trading environment so that no fraud can access the account or website. 

The last step is to select the trading account and deposit funds to begin trading. 

Trading Instruments

Buycryptomarkets range of markets
Buycryptomarkets range of markets

Buycryptomarkets has a range of trading instruments to invest in (that is more than 400) with the following markets to trade:

  • Forex 
  • Cryptocurrencies 
  • Stocks 
  • Metals 
  • Commodities 
  • Indices

Fees and Charges

Buycryptomarkets.com is an excellent broker that does not charge any trade commissions. Traders can easily register and open their market position without paying extra to the broker.

It does not have hidden market charges, and the fees for transactions or withdrawals are minimal. The deposit does not have any charge, but withdrawal can have some charges depending on the payment method used.

The charge for withdrawal is from the banks, and traders should check with their banks in advance, as Buycryptomarkets does not have any withdrawal fees.

Leverage

Leverage is the brokerage loan that traders can take to make high-market investments and earn good profits. Traders can have maximum leverage up to 1:400 with Buycryptomarkets brokers.

However, traders should use it carefully as it involves high risk.

Deposit and Withdrawal

Deposit and withdrawal of funds are necessary to begin trading with any broker. It has the best deposit and withdrawal payment system with high security.

Traders can quickly deposit and withdraw funds using bank transfers, credit/debit cards, and e-wallets. Here, we have the list of payment methods available:

  • VISA 
  • Mastercard
  • Wire transfer
  • Bitcoin
  • Skrill
  • Paypal

Trading Platform

Buycryptomarkets
Buycryptomarkets

Buycryptomarkets has a web trader and mobile applications as its trading platforms. Traders can use these platforms to invest in the market and make market predictions. Although it does not have MetaTrader4 and MetaTrader5, the webtrader works well enough to support trading.

Traders can use the platform to trade online on desktops and mobiles with the best features and security available.

WebTrader

Webtrader is the Buycryptomarkets browser with one-click trading and all the required facilities. Traders can have markets, best trading conditions, deposits and withdrawals, a range of instruments, and all the features needed with this trading platform.

It is a good trading tool that connects the traders with the market and makes them invest using the best possible services of Buycryptomarkets. Features included are:

Mobile App

The whole trade and market come into the hands of the trader with a mobile application. The Buycryptomarkets app is user-friendly and allows one-click trading. Here are the features:

  • Tools and charts 
  • One-click trade 
  • Online trading 
  • Accessibility 
  • Easy to use 
  • Various markets to trade 
  • Customer Support

Customer support is the service that Buycryptomarkets provides to help traders trade easily. They can connect with the professional team of Buycryptomarkets to understand the trading platform, online trade, or any other query related to the broker services.

They make trading less complicated and assist the customer whenever possible. These could be used to connect:

Phone:+442033709757
Email:[email protected]
Buycryptomarkets for trading cryptocurrencies
Buycryptomarkets for trading cryptocurrencies

Conclusion of the Buycryptomarkets.com Review

Buycryptomarkets is a financial service provider and a great broker to trade with. It has a range of trading instruments and services that support clients in making money.

They offer smooth trading with trading accounts and services that ensure client’s growth with potential market opportunities.

However, it lacks MetaTrader4 trading platforms but has Webtrader and a mobile app to support the clients. The trading platforms make it easy to connect with the markets and have the latest tools and services to ensure successful investments.

Traders can invest in the market using advanced services and have good market profits at Buycryptomarkets Broker.

Forex Risk Disclaimer

There is a very high degree of risk involved in trading securities. Concerning margin-based foreign exchange trading, off-exchange derivatives, and cryptocurrencies, there is considerable exposure to risk, including but not limited to leverage, creditworthiness, limited regulatory protection, and market volatility that may substantially affect the price or liquidity of a currency or related instrument. It should not be assumed that these products’ methods, techniques, or indicators will be profitable or will not result in losses.

Equaledge.co review- Learn More Now ~top 50 Crypto Broker

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Equaledge.co review- Learn More Now ~top 50 Crypto Broker

Equaledge Review

equaledge is a multi-asset broker with a unique range of financial services, including online trading and investing, advanced market analysis tools, and educational resources that can help clients improve their knowledge of the global markets. They let you trade online with very competitive trading conditions and fees compared to some of their direct competitors.

About equaledge

equaledge is based in  Kingstown, St. Vincent and the Grenadines, and has the vision to provide the best trading experience and market pricing and execution to traders globally. They do this through various means, including tight spreads, low fees, fast trade execution speeds, minimum 0.01 lots, $5000 minimum deposit, and leverage up to 1:400.

The broker provides a suitable solution for anyone looking for a simple, secure, and enjoyable trading experience with a range of transparent services that implement innovative technology to ensure that the broker stays up to date with the latest trends in an ever-evolving market.

equaledge Review – Security of the Broker

Despite being a relatively new broker compared to others who have been around for over a decade, equaledge are ticking the right boxes. They are authorized to provide financial product advice, deal with financial product issues, and apply for, acquire, vary, or dispose of financial products for clients.

You can hold deposited funds in your name, or have equaledge.co hold funds on your behalf in an independent bank account. The broker regularly pinpoints analyses and regulates each type of risk connected with its day-to-day operations.

equaledge. co is not directed at any jurisdiction and is not intended for any use contrary to local law or regulation. This includes but is not limited to the USA. Some products, such as cryptos, are only available in some countries.

Trading Platform

equaledge Trading platforms
equaledge Trading platforms

equaledge trader for all devices

There is a good choice of powerful and advanced trading platforms for you to choose from. While the platform is packed with features for conducting in-depth market analysis and managing trades, they are also very user-friendly. This makes them accessible for both new and experienced traders alike. The desktop platform has the most functionality, but the mobile trading apps make it easy to access the markets while moving. I often check my phone to see how my trades are performing.

Mobile App- equaledge. co

With various markets, pending and stop orders, and a trailing stop at your disposal, you can perform trades regardless of the current market situation. Both platforms boast fully functional demo accounts that offer vital support and access to many educational resources.

Broker Type

equaledge accounts come with market-leading pricing and trading conditions through the platform, providing clients with high-speed connectivity. One of the most significant advantages of equaledge is that they combine lots of price quotes from different liquidity providers, offer the best bid, and ask prices for the specific currency pairs that can reduce spreads.

Tools

Although the platforms are fully loaded with an impressive array of features, they also provide some of the best trading tools and market analytics to clients to help them increase their chances of success in the market and help ensure you are making informed trading decisions.

 

Markets

There is an excellent selection of over 400 financial instruments across multiple asset classes. You will find CFDs on major currency pairs (forex), stocks, commodities, indices, and cryptos. Contract for differences (CFDs) allows traders to speculate on the price movement of a particular instrument without needing to own it physically. This makes them a popular choice amongst those of you who are active traders and would like to buy and sell various assets regularly.

Accounts

equaledge.co has a wide range of account types, each designed to suit diverse trading styles. Each account type offers the primary set of conditions, including commission, margin call levels, and maximum leverage for that account. It takes just a few minutes to apply for a equaledge account. There is a short application form on the website you need to complete. You will then need to upload some documents to validate your account. Once verified, you can make a deposit and start trading. There are currently main types of accounts on the platform, which are as follows:

Trading Accounts Options

Equaledge presents a diverse array of 4 meticulously crafted trading account types, each tailored to meet the unique needs of traders. What sets Equaledge apart is that transaction processing speed remains steadfast, regardless of your account type. This empowers you to select the one that aligns perfectly with your trading aspirations.

Dive into the trading world with our Basic Account, which provides a risk-free platform to explore and experiment. With a minimal deposit of €5000, you can easily embark on your trading journey. This account allows you to trade up to 10 lots, making it the ideal starting point for those new to the trading world.

They recognize that every trader is unique. That’s why they have crafted these distinct account types, so you can choose the one that aligns perfectly with your trading goals.

Explore a comprehensive account comparison chart below to make an informed choice among our account types:

BASIC ACCOUNTSTANDARD ACCOUNTGOLD ACCOUNTPRO ACCOUNTVIP ACCOUNT
MINIMUM DEPOSIT$5,000$10,000$25,000$100,000$250,000+
ORDER EXECUTIONInstantInstantInstantInstantInstant
ACCOUNT CURRENCYUSD, EUR, GBPUSD, EUR, GBPUSD, EUR, GBPUSD, EUR, GBPUSD, EUR, GBP
ACCOUNT MANAGERyesyesyesyesyes
SPREAD, PIPSFixedFixedFixed & Floating, VariableFixed & Floating, VariableFixed & Floating, Variable
QUOTATION
(NUMBER OF MARKS
AFTER POINT)		5 marks5 marks5 marks5 marks5 marks
LEVERAGE100100200500500
MAX. TRADE SIZE10 lots20 lots40 lots50 lots100 lots
REQUOTESNoneNoneNoneNoneNone
MARGIN CALL LEVEL40%40%40%40%40%
STOP OUT LEVEL30%30%30%30%30%
TRADING PLATFORMall devicesall devicesall devicesall devicesall devices
CUSTOMER SUPPORT24/5 support24/5 support24/5 support24/5 support24/7 support

 

Trading Conditions-  equaledge Review

There are no restrictions put on your trading activity provided you do not break the rules. This means that you can scalp, hedge, and use automated trading systems on your account. The broker states they have a speedy average execution speed of just 12ms with no requotes. This puts them alongside the very best in the industry regarding execution speeds and could prove to be a popular choice amongst scalpers who rely on small price movements.

Support

equaledge is a client-focused broker with dedicated account managers assigned to each client. This means that you can get a personalized experience compared to larger brokers with too many clients to focus on each individual. Equaledge has a multilingual team of professionals who will remain with you along your trading journey to ensure you have the best experience possible. They are readily available to answer all of your queries and quick to respond.

you are able to contact them for urgent matters through WhatsApp at +447835182154 -and regular support – +442030971450 or [email protected]

Funding your account with equaledge

equaledge works closely with its payment service providers to ensure fast, flawless deposits and withdrawals. They offer various money transfer methods via bank cards, e-wallets, and bank wire. The broker is one of a few that currently accepts both deposits and withdrawals by Bitcoin.

Deposit methods Equaledge
Deposit methods Equaledge

Conclusion of the equaledge Review

Equaledge specializes in providing individuals, retail investors, and institutions with investment opportunities and services. Their growth is powered by a commitment to clients as well as the use of innovative technology in global finance. One of the critical things about equaledge is that they have helped to simplify the trading process for the modern user so that they can focus on their trading activities with minimum fuss.

 

Forex Risk Disclaimer

There is a very high degree of risk involved in trading securities. Concerning margin-based foreign exchange trading, off-exchange derivatives, and cryptocurrencies, there is considerable exposure to risk, including but not limited to leverage, creditworthiness, limited regulatory protection, and market volatility that may substantially affect the price or liquidity of a currency or related instrument. It should not be assumed that these products’ methods, techniques, or indicators will be profitable or will not result in losses.

Top Tips for Successful Trading Cryptocurrencies

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Top Tips for Successful Trading Cryptocurrencies

Top Tips for Successful Trading Cryptocurrencies

Before you even start trading cryptocurrencies, it’s easy to have some information at hand. You could use our guide “Getting Started with Cryptocurrencies” for that. It’s good to have a base of knowledge before you start.

After mastering the basics, you can take the next step: trading cryptocurrencies! The tips below can help you become a better cryptocurrency trader.

Best tip: research cryptocurrencies

It is good to do research before purchasing a cryptocurrency. Many beginners haphazardly enter a random coin because an acquaintance or friend has told them about it. This is not the right way. It is good to research, for example, the team behind a cryptocurrency. You don’t just buy a television, do you? To do this, you first look at the specifications and compare them with other models. It would be best if you also did this before purchasing crypto coins.

Spread your chances, but not too much.

When you start purchasing crypto, it’s good to ask yourself how many coins you want to buy. As a tip, we can tell you not to put all your money in one coin. It’s good to spread your investment, but don’t overdo it.

We advise you to stick to a few cryptocurrencies if you have several hundred euros. You can consider buying a few extra coins if you have several thousand euros to spend. It is also good to find a nice balance in your portfolio.

Distribution based on market cap

I prefer to invest in several larger crypto coins based on market cap (larger than 10 billion). In addition, I chose a coin that is a bit smaller in terms of market cap but has proven itself. Finally, I go for a bit riskier coins, such as an ICO.

A possible distribution could be 50%/30%/20%. See for yourself whether you want to take more or less risk.

In addition to this spread, you can determine what percentage you want to hold for trading daily and for the long term. I prefer a distribution (long-term/short-term) of about 90%/10%.

Sell high and buy low.

As a novice trader, it is wise not to step in when a cryptocurrency rises sharply blindly. It is better to step in when the price is in a dip. By looking at the history of cryptocurrencies, you can see what happened in the past. Of course, this does not offer any guarantees for the future, but you can estimate whether the currency is expensive or cheap compared to previous rates.

Advanced traders can conclude about the time of entry or sale through technical analysis, but this may still be too complex for beginners.

Selling: but how

It would be best to consider the time of sale when trading cryptocurrencies. As a day trader, for example, you can have a certain price as an objective. This is when you sell, for instance, because the price is at its all-time high (ATH). However, remember that you can probably never sell at the highest point and never buy at the lowest.

Don’t panic when prices fall.

It is important to remember that the crypto market is volatile, and the price can go in any direction. If you know this in advance, you will not panic so quickly when the price suddenly drops. Many traders get stressed at that point and sell their positions. Instead, you should stay calm and consider buying during this dip. Corrections are normal and can take anywhere from several hours to weeks.

Zoek voor een geschikte exchange

Choosing the right exchange is an important part of trading cryptocurrencies. It is advisable to have an account with multiple exchanges so you always have the opportunity to trade, even if a certain exchange is unavailable at a certain time.

When choosing an exchange, you should also consider the availability of the cryptocurrency you want to purchase. Not all cryptocurrencies are available on every exchange, so checking which coins are available before creating an account is important.

Other important factors to consider when choosing an exchange are ease of use, security, and cost. Each exchange has its fee structure, and it’s worth comparing these fees to save money.

HODL vs Day trading

Various trading strategies are possible, such as short-term trading or long-term holding (HODL) of a cryptocurrency. Our experience shows that long-term trading is generally more profitable than short-term trading. As a day trader, you have to have the right timing to get in and out at the right time, which requires a lot of experience and knowledge.

Our advice is, therefore, to hold cryptocurrencies for the long term. We recommend that you keep these coins in an offline wallet so that they are safely stored, and you are not tempted to get to them quickly.

Don’t get bothered by FOMO.

FOMO almost sounds like a disease, and maybe it is. It is the fear of missing the boat, and this can manifest itself in the form of stress. Make sure you are aware of the fact that you cannot participate in everything. New cryptocurrencies and ICOs appear daily, but the trick is to stick to your plan and shield yourself from possible gold mines.

In short, you have to make do with the crypto coins you have and be satisfied with the profit you have made at that moment.

FAQ: Successful Cryptocurrency Trading Tips

Q1: What are the top tips for successful cryptocurrency trading? A1: The key to successful cryptocurrency trading includes thorough research on cryptocurrencies, diversifying your investments wisely, understanding market cap distribution, buying low and selling high, choosing the right exchange, and adopting long-term holding strategies over day trading. Avoid making decisions based on FOMO (Fear Of Missing Out) and stay informed about market trends. For more tips, visit Investopedia’s Cryptocurrency Trading Guide.

Q2: How important is research in cryptocurrency trading? A2: Research is crucial before purchasing any cryptocurrency. It involves understanding the team behind the coin, its market potential, and comparing it with other cryptocurrencies. This step ensures you make informed decisions rather than relying on hearsay. CoinMarketCap is a great resource for starting your research.

Q3: Why should I diversify my cryptocurrency investments? A3: Diversification helps in spreading risk. Instead of investing all your funds in one coin, spreading your investment across different cryptocurrencies can protect you against significant losses if one of them underperforms. Learn more about diversification at CryptoNews.

Q4: What is a good strategy for distributing my investments based on market cap? A4: A balanced approach could be investing 50% in large-cap cryptocurrencies, 30% in mid-cap, and 20% in smaller, riskier coins. This distribution helps in balancing risk and potential returns. For market cap rankings, check CoinGecko.

Q5: How can I decide when to buy or sell a cryptocurrency? A5: The principle of buying low and selling high applies. Monitor the market for dips to buy and peaks to sell. However, avoid impulsive decisions based on short-term market fluctuations. Technical analysis can aid experienced traders in making these decisions. TradingView offers comprehensive tools for technical analysis.

Q6: What factors should I consider when choosing a cryptocurrency exchange? A6: Consider the exchange’s ease of use, security features, fee structure, and the availability of desired cryptocurrencies. Having accounts on multiple exchanges can also offer more flexibility and trading opportunities. CryptoCompare provides comparisons of various exchanges.

Q7: What is the difference between HODLing and day trading? A7: HODLing refers to holding cryptocurrencies long-term, believing in their future growth, whereas day trading involves making frequent trades to profit from short-term market movements. Long-term holding is generally considered less risky and more profitable for most investors. For an in-depth comparison, visit Blockgeeks.

Q8: How can I manage FOMO in cryptocurrency trading? A8: Managing FOMO involves sticking to your trading plan, setting realistic goals, and accepting that it’s impossible to catch every profitable opportunity. Focus on informed decision-making rather than reacting to market hype. MindfulTrader offers strategies to manage trading psychology.

Q9: Is it better to trade daily or hold cryptocurrencies for the long term? A9: While both strategies have their merits, long-term holding (HODLing) has historically been more profitable for most investors. It requires less time and expertise than successful day trading. For insights on long-term investment strategies, check out The Balance.

Q10: How can I secure my cryptocurrency investments? A10: For long-term holdings, consider using offline wallets (cold storage) to keep your cryptocurrencies secure from online threats. Always prioritize security when choosing exchanges and wallets. Ledger and Trezor offer reliable hardware wallets for secure storage.

These links are provided for additional information and should be used as a starting point for your research. Always ensure the sources are trustworthy and up-to-date before making any investment decisions.

Exallt review, Trade crypto review

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Exallt review, Trade crypto review

Exallt Review

https://www.exallt.io/
https://www.exallt.io/

Exallt competitive pricing and scalable execution make it an excellent option for serious traders. Exallt delivers an impressive range of tradeable assets on a high-end trading platform and is competitive with its industry peers for its fees and commissions.

Overall

  • Minimum Deposit: $5000
  • Trust Score: 74
  • Tradeable Symbols (Total): 450+

Exallt pros and cons

 Pros

  • Offers competitive pricing across all account types with low average spreads.
  • Third-party research and trading tool plugins enhance the Exallt offering.
  • The available range of markets is significant.
  • Exallt’s low-cost, scalable execution makes it a perfect fit for traders who want to run alternative trading strategies.
  • Multiple options for funding your accounts.
  • Segregated trading accounts.

Cons

  • It trails the best forex brokers when it comes to its scope of market research and the quality of its educational content.
  • Does not maintains regulatory status in one tier-1 jurisdiction and one tier-2 jurisdiction.

Overall summary

Cryptocurrenciestrading.com has been reviewing online forex brokers for over 8 years. Each year, we collect thousands of data points and publish tens of thousands of words of research.

Benefits of exallt.io
Benefits of exallt.io

Is Exallt safe?

Trust Score – 74

Exallt is considered trustworthy, with an overall Trust Score of 74 out of 100. 

Exallt is not publicly traded and does not operate a bank. 

Offering of investments

Exallt offers a total of 450+ tradeable instruments across the world. The table below summarizes the different investment products available to Exallt clients.

Cryptocurrency: Cryptocurrency trading is available at Exallt through CFDs but not through trading the underlying asset (e.g., buying Bitcoin). 

Forex Trading (Spot or CFDs) InfoYes
Tradeable Symbols (Total) Info450+
Forex Pairs (Total) Info50+
U.S. Stock Trading (non-CFD) informationNo
International Stock Trading (Non-CFD) InfoNo
Social Trading/Copy Trading InfoNo
Cryptocurrency (Physical) infoNo
Cryptocurrency (CFD)Yes
range of markets
range of markets

Commissions and fees

 CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Considering the small effective spreads and the low deposit requirement for its commission-based accounts, Exallt’s trading costs rival the best low-cost forex brokers.

Account types: Exallt offers four account options

Active traders: Exallt offers discounts to traders that trade over 100 standard lots per month (for this, you best use their VIP account).

Minimum Deposit Info$5000
Active Trader or VIP Discounts InfoYes
ACH or SEPA Transfers InfoNo
PayPal (Deposit/Withdraw) infoNo
Skrill (Deposit/Withdraw) infoNo
Visa/Mastercard (Credit/Debit) infoYes

 

Mobile trading 

Exallt provides mobile trading for their trading platform, which comes standard for iOS and Android. 

Tools comparison: The webtrader and the mobile trader have similar mobile functionality and charting. The platform you choose will likely depend on whether you trade manually or use desktop platforms.

Android AppYes
Apple iOS AppYes
Mobile Alerts: Basic Field InfoYes
Charting and Drawing Tools (Total) InfoYes
Mobile Charting: Draw TrendlinesYes
Mobile Charting: Multiple Time FramesYes
Forex Calendar infoYes

 

Platform overview: Exallt offers the Exallt trading platform developed by Easytech.

Charting: Charts on the trading platform are excellent, with various default indicators pre-installed. The Exallt platform offering includes both web-based and desktop versions.

Tools: Exallt provides access to the Advanced Trading Tools package, platform add-ons developed by Easytech. 

VPS services: For traders that aim to trade large volumes, Exallt offers several benefits to accommodate those traders.

Virtual Trading (Demo)Yes
Proprietary PlatformNo
Desktop Platform (Windows)Yes
Web Platform InfoYes
Social Trading/Copy Tradingno
MetaTrader 4 (MT4)no
MetaTrader 5 (MT5)no

 

exallt trading platform
exallt trading platform

Market research

Though Exallt has shown improvement with the articles section, research still needs to improve its overall offering compared to the best brokers in this category.

Market news and analysis: Exallt delivers in-house technical and fundamental analysis content through its blog and provides daily updates in its market analysis section through third party services. 

Daily Market Commentary:no
Forex News (Top-Tier Sources)Yes
Autochartistno
Social Sentiment: Currency PairsYes

 

Is my money safe with Exallt?

Exallt is not regulated. The degree of safety of your funds will depend on which entity holds your funds. All accounts are segregated, and the client’s money at no time used for the company’s operational costs.

What is the minimum Deposit for Exallt?

The minimum Deposit at Exallt starts at $5000 to open a live account. The main funding methods, from bank transfers and credit cards to cryptocurrency, are available.

Final thoughts

Exallt appeals primarily to intermediate traders that use the easytech platforms and who need agency execution coupled with competitive spreads and low commissions.

Catering to high-frequency traders helps Exallt achieve significantly higher trading volumes than its peers.

Exallt’s overall offering makes it appealing to retail forex and CFD traders. 

Is Exallt a good broker?

Exallt is a good broker for investors who want to run scalping and hedging trading strategies on the Exallt Trading platforms.

Forex Risk Disclaimer

There is a very high degree of risk involved in trading securities. Concerning margin-based foreign exchange trading, off-exchange derivatives, and cryptocurrencies, there is considerable exposure to risk, including but not limited to leverage, creditworthiness, limited regulatory protection, and market volatility that may substantially affect the price or liquidity of a currency or related instrument. It should not be assumed that these products’ methods, techniques, or indicators will be profitable or will not result in losses.

Stockscale.io review- Learn More Now ~top 50 Crypto Broker

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Stockscale.io review- Learn More Now ~top 50 Crypto Broker

Stockscale io Review- fresh brokerage in the industry

Stockscale forex broker is a new brokerage company that was founded in 2021 and is registered in British Virgin Islands. They don’t have a big experience in this industry yet but still, they offer some important services including Forex, Crypto, and CFDs trading for people from different parts of the world.

They claim to have low spreads and high leverage. Because they just started operating in the financial markets, there are very few reviews and client feedback about the company. Probably this is the reason why many start to hesitate whether Stockscale is really a trustworthy company or not.

The country where the company is located gives brokerage companies a chance to get a license way more easily than in the other countries, especially in Europe. So, the fact that the company still doesn’t have any kind of authorization or the license gives people a valid doubt that the scam is real. However, their offering to the consumers is quite generous so in this Stockscale Review, we will discuss all the other worthwhile features this company has.

What does Stockscale io Offer ?

It’s important to note that the company has only one account type to offer for their clients. The minimum deposit is 5000 USD and the maximum leverage is 1:400.

In terms of the Stockscale Accounts, as we have already mentioned.

Account Types

StockScale offers three main types of accounts: Micro, Standard, Gold and one special accounts for the large investors that require tailor made trading conditions. All trading accounts share similar features, such as leverage; number of assets to trade; scalping or negative balance protection, however there are some differences also.

Which account is best suited for you?

TEST

StockScale Micro account is the ideal type for beginners. A zero-commission account available on StockScale trader platforms, with spreads from 4 pips.

Standard

StockScale Standard Account differs from the Micro account mainly on the spreads and leverage. Given the low spreads, the starting deposit is higher at $25000 (or equivalent on other currency).

Pro

This account is for the traders that tend to open longer positions and need a larger account to facility many larger open positions with other margin requirements. Additionally, traders that use the scalping or hedging strategy will be best served by this account.

Overview

FOR BEGINNERS
TEST		FOR ADVANCED TRADERS
STANDARD		PROVIP
Minimum deposit$5,000$25,000$100,000$250,000+
Account currencyUSD, EUR, GBPUSD, EUR, GBPUSD, EUR, GBPUSD, EUR, GBP
Spread, pipsFixedFixed & Floating, VariableFixed & Floating, VariableFixed & Floating, Variable
Execution typeInstantInstantInstantInstant
Quotation (number of
marks after point)		5 marks5 marks5 marks5 marks
Leverage1:1001:2001:3001:400
Margin Call Level40%40%40%40%
Stop Out Level30%30%30%30%
Trading platformall devicesall devicesall devicesall devices

No matter your skill level is, Stockscale.io offers a complete set of tools to help you reach trading success.

The size of your initial deposit determines which tier your account belongs to, as well as which benefits are available to you.

You can shift your account to the next level by increasing your deposit amount.

With Stockscale you can choose from 4 account types designed with you in mind. Examine their major components and requirements, consider all the pros and cons, and select the one that meets all your investment goals.

We can see on the company’s website that each section has recommended minimum deposits, which is:

As it seems, Stockscale FX offers their services not only to professionals but to beginner traders as well. Stockscale FX uses one of the most innovating and intuitive Trading platforms  which makes all these things possible. This Trading Platform has a comfortable interface and flexible features that satisfy every kind of crypto lovers needs.

Trading Platforms

stockscale Trading Platforms
stockscale Trading Platforms

They combine the world’s most innovating and intuitive trading platform.

With the StockScale trading tools and all the support you need to trade your towards your full potential. Experience the world’s most popular online trading platform.

Simple to use and full of functions like charts, price alerts, custom indicators and analysis tools. The Stockscale Trading platform is the smart choice for online traders looking to hone their trading skills. Simple for beginners and full of advanced tools for pros, the trading platform helps you unlock new trading opportunities.

Trade on mobile, PC or Mac

Platform on all devices

Stockscale Webtrader

StockScale Webtrader gives you access to your StockScale Trading account from your web browser.

Rich in features but optimized for lightweight web-based performance, our Webtrader gives you comprehensive functionality with added flexibility to trade from any internet browser, on any device.

Stockscale Android Trader

Use the world’s most innovating trading platform on the world’s most popular smartphone operating system when you open the platform on your Android phone you can access all the major features, with flexibility and portability.

Stockscale iPhone Trader

Optimized for the iOS operating system, the iOS trading platform offers the ultimate in style and flexibility for traders wanting to combine the features of the trading platform with the convenience of mobile trading on their iPhone and iPad.

Stockscale PC Trader- With high performance and a full suite of features, experience online trading the way it was meant to be with the Stocktale PC Trading platform.

Regardless of the device you will have the following benefits.

Ultimate flexibility- Sign in once and access your StockScale trading account from anywhere.

Full market coverage- Access 350+ trading products: Forex, Commodities, Share CFDs, Indices, Cryptocurrency CFDs & more.

Live pricing -Keep a close eye on the market action with real time pricing.

Monitor & modify – Need to change a trade? It’s as simple as swiping your screen!

Real time charting – Choose how you view market data with live charting options.

Latest updates – Follow the latest trading trends with automated news updates.

Stockscale withdrawals & Fees

They use the Wire Transfer method which requires about 6 days until it is processed. The company also says that there are no fees on deposits while using debit card payments or in the case of Bitcoin depositing. According to the Stockscale forex brokerage, there might be other fees while using alternative methods of payment, however, it is incomprehensible what exactly those other methods are.

The company’s withdrawals time period is the following:

For some people, this time period might seem too long as the other brokerage companies offer faster ways to withdraw money.

Conclusion of the Stockscale Review 

Stockscale is a freshly founded company in the financial market that is trying to catch up with the modern standards of the industry. Even though the brokerage doesn’t have a big experience in this field yet, they still offer customers some important services that are essential for not only beginners but professionals as well. So, despite some disadvantages, this company has a big for the future so we recommend them for all kinds of crypto world members.

 

Forex Risk Disclaimer

There is a very high degree of risk involved in trading securities. Concerning margin-based foreign exchange trading, off-exchange derivatives, and cryptocurrencies, there is considerable exposure to risk, including but not limited to leverage, creditworthiness, limited regulatory protection, and market volatility that may substantially affect the price or liquidity of a currency or related instrument. It should not be assumed that these products’ methods, techniques, or indicators will be profitable or will not result in losses.

stockhome.io Review – Learn More Now ~TOP 100 Forex Broker

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stockhome.io Review – Learn More Now ~TOP 100 Forex Broker

Stockhome.io Broker Review

stockhome.io
stockhome.io

Our Stockhome.io review explores a reputable and dedicated broker that has entered the trading arena.

Suitable for all types of traders, Stockhome.io offers extensive trading opportunities through a variety of asset classes. Whether you’re looking to diversify your trading portfolio or want to stick to currency pairs, this broker is a good choice.

Stockhome is a fantastic broker for beginner traders because they provide a significant number of outstanding training resources. They also offer a demo account where you can apply what you learn with no risk.

This broker also offers excellent customer support, several account types, and periodic bonuses.

Keep reading our in-depth Stockhome.io review to learn all you need to know about working with this broker.

Learn more about Stockhome.io

Stockhome was set up to provide Forex trading solutions to individuals wishing to expand their investment portfolios – from veteran traders to beginners. They strive to offer the best trading environment on the market – state-of-the-art trading services in commodities, currencies and indices, competitive trading conditions and excellent customer support. Their platforms and services combine sophistication with simplicity and efficiency with security.

stockhome.io benefits
stockhome.io benefits

With years of Forex trading experience, their expert team will provide you with trading tips and tutorials, professional materials, the latest financial news and strategic guidelines. They aim to offer the highest standards in the market together with the best customer support.

Benefit from Full STP Technology – With No Conflict of Interests

At Stockhome.io, they guarantee trading on the Forex market without dealer intervention or restrictions:

Most importantly, STP execution means They earn from commissions and not from your losses.

Our Stockhome.io review team found that this broker is focused on ensuring the safety of their client’s funds. They have strict protocols in place. You can also be confident that your data is safe as Stockhome.io implements a wide range of cybersecurity measures. These include encryption of all data server communications and transactions, robust firewalls, and SSL protocols.

Stockhome.io also protects your data through physical measures. Their data centres are protected by professional security personnel around the clock, thereby helping to prevent unauthorized access. Furthermore, only a small number of highly trusted employees can gain access to your information.

This broker also takes steps to ensure clients are informed when they might be entering potentially risky trades. They analyze margin levels, positions, and the potential for loss, based on which they provide you with alerts if the system deems the trade as high risk.

Enjoy accounts customized for trading activity.

Our broker review group discovered that Stockhome.io offers four personalized accounts based on your trading activity and investment. These are Mini, Standard, Gold and VIP

The Mini account is tailored for novice traders with a lower level of activity and investment than a professional trader.

The Mini account offers leverage of 1:100 on currency pairs, but the spreads are somewhat above average compared to other popular online Forex brokers. At the time of this Stockhome.io broker review, the EUR/USD spread started at 2.2 pips.

The Standard account offers spreads that are in line with many popular brokers and the market average.

All four account types can be adapted for Muslim investors, meaning no additional fees are involved. They also permit hedging and offer customer support from 10 AM to 8 PM GMT.

Note that all account types come with a minimum deposit requirement of $250 for the mini account.

Pros

Cons

  • No European regulation
  • No MT4

Take advantage of periodic bonuses

Our Stockhome.io review team discovered that this broker frequently offers attractive bonuses to their clients. To find out if a bonus offer is available and the details, check out Stockhome.io’s website.

Discover how much trading with Stockhome.io will cost you
Our Stockhome.io review group found that this broker won’t charge you any commissions on your trades. Some of the accounts types also feature appealing spreads.

While you won’t pay out Stockhome.io any charges on deposits and withdrawals, you will be responsible for any costs your bank charges to transfer the money.

In terms of swaps, when our Stockhome.io team compared this broker’s fees with other popular brokers, they were a little higher than average. Once you consider the discounts provided with the Gold and VIP accounts, though, you might find these fees far more attractive.

variety of payment methods

Our broker review team tested some of the payment methods Stockhome.io offers clients. You can deposit and withdraw money via most major credit cards, bank transfers, and Bitcoin.

In conditions of duration, Stockhome.io promises that withdrawals will be processed within seven business days.

Stockhome.io also states that, for withdrawals, they have to verify that the trading account owner must be the same as the person to which the payment is made. This is due to anti-money laundering requirements.

Therefore, this broker recommends that you submit a copy of your bank or credit card statement where you want the money to be transferred before making a withdrawal request.

If you are using a credit card, you will have to provide Stockhome.io with a picture of both sides of your cards, showing only the last four digits of the number.

Note that only verified account holders can make withdrawals. To verify your accounts, you will need to present a valid government-issued ID and proof of address, a utility bill or a bank statement.

Enjoy trading on the market’s most popular trading platform
Our review team discovered that Stockhome.io’s website is user-friendly. Essential information is easy to access from the main menu, though some details can be hard to find.

You are registering for an account is relatively easy, though you will have to supply some information, just like any other reputable broker.

In terms of trading platforms, our Stockhome review team was pleased to see that broker provides usage of the desktop and web versions of a full functioning and intuitive trading platform.

Stockhome.io Trading Platform | Stockhome review

The Stockhome.io Trading Platform is a comprehensive trading system with considerable charting and analytical capabilities. Despite being so advanced, it is user-friendly and straightforward to customize according to your preferred trading style.

stockhome.io trading platforms - Stockhome

stockhome.io trading platforms – StockhomeYou can use the intensive library of indicators it comes with, or you can program your own within the machine. You also have the option of using expert advisors and robots, which you can likewise create yourself.

When it comes to executing orders, Stockhome.io Trading Platform offers four different types of pending orders and one-click orders. You can even open a position right on the chart. Stop losses, trailing stops, and taking profit orders are also available to help you minimize risk and maximize your profits.

You can also trade with the web-based version of Stockhome.io Trading Platform using any browser. While it’s not as flexible as the desktop version, you still have access to essential analytical and trading tools. It’s undoubtedly an excellent option if you prefer not to install software on the computer you are using for trading.

While reviewing Stockhome, our experts also found that this broker offers you other essential trading tools, including an economic and company earnings calendar.

The economic calendar is essential, regardless of whether you prefer to focus on technical or fundamental analysis. This calendar provides a comprehensive set of when economic information releases will occur.

This information is vital, even if it serves as a warning that the marketplace might make some significant moves at that time. You might prefer to avoid the volatility, or you might want to trade it. Regardless, it’s essential to know when it could happen.

The company earnings calendar provides the dates on which firms will release their earnings reports. These figures often drive the price of company shares, making it information you need to be aware of as soon as possible.

Trade from anywhere

The Stockhome website is mobile-responsive, so you can easily access it from any mobile device. You can check your account, browse the site, or contact customer care from anywhere.

If you want to trade on your mobile device, our broker review team is pleased to report that you can do so quickly, as Stockhome offers a mobile version of the Stockhome.io Trading Platform. This allows you to trade from any location and at any time.

Expand your trading skills with comprehensive training resources

During our Stockhome.io review, we were impressed with the broker’s wide range of educational and teaching resources. They offer materials for all levels, from beginners’ fundamentals to advanced strategies for more experienced traders.

The educational content is also available in many styles and formats. There are video courses, eBooks, in-depth articles, tutorials and more. (aks your account manager for more information.

Stockhome.io review | Benefit from outstanding customer support

Our Stockhome.io review was pleased to see that this broker offers multiple communication channels for customers. The customer service team was knowledgeable and eager to help when we spoke to them.

Nevertheless, the live chat Stockhome provides is usually dedicated to traders who already have accounts. It can, therefore, be challenging to learn more about the broker to determine whether they are the right fit for you.

Support is also limited since it’s only available Monday to Friday from 8 AM to 7 PM GMT. If you trade the Asian session or the late US program, this can be a problem and encounter issues. However, for most traders, this degree of support will likely be sufficient.

While improvements are to be made, such as providing extended customer support, they still offer everything you need for a great trading experience.

Stockhome.io is an excellent broker for any trader thanks to the wide variety of tradable instruments, various account types, attractive spreads, and the comprehensive training resources on offer.

Sign up for a Stockhome.io account today so you can enjoy everything this broker has to offer.

Is Stockhome.io trading good?

Stockhome.io offers decent to good trading conditions for competitive rates; this means that if you look at your trading capabilities and leverage options, then yes, Stockhome.io trading is good

What is the minimum deposit for Stockhome.io ?

Stockhome.io allows you to open an account from $250 or equivalent in other currencies. this is a moderate amount as most brokers offer the beginning account between the $50 and USD 500, you have different account options at Stockhome.io that are $2500 and $25000, the most significant difference between them is the leverage you can use for your trading

Is Stockhome.io a con?

Stockhome.io is not a con from what we could establish, always check yourself, of course , this is a relatively new brokerage, and as such, there is not a lot of information about its activity, we made a deposit and withdrawal, and this went smoothly without any issues, does does not guarantee anything, but does make us state , that for the moment Stockhome.io is not a con

Does Stockhome.io offer a demo account?

Stockhome.io offers a demo account that you can use to test your trading strategy, broker performance and spreads.

What are the funding methods for Stockhome.io ?

The funding methods of Stockhome.io are the basic ones. credit cards and wireless and Bitcoin

Does Stockhome.io offer guaranteed stop loss?

Stockhome.io offers the stop-loss feature to make sure you are in control about the possible risk you take when opening a position

Does Stockhome.io allow scalping?

Stockhome.io allows scalping.

Does Stockhome.io offer STP?

Yes, Stockhome.io is a STP Brokerage which indicated they do not have a conflict of interest as they earn their commission on the spread

Does Stockhome.io offer an Islamic account?

Yes. Stockhome.io offers an Islamic account for traders of the Islamic faith

Does Stockhome.io offer negative balance protection?

Yes, when you are trading with Stockhome.io, you cannot exceed the balance of your account. Meaning you cannot be in the minus. ask then about their margin for more information

Is Stockhome.io safe?

Yes, Stockhome.io is for nowdetermined to be a safe brokerage s, if this changes in the future then this will be updated accordingly on our FAQand review page

 

Forex Risk Disclaimer

There is a very high degree of risk involved in trading securities. Concerning margin-based foreign exchange trading, off-exchange derivatives, and cryptocurrencies, there is considerable exposure to risk, including but not limited to leverage, creditworthiness, limited regulatory protection, and market volatility that may substantially affect the price or liquidity of a currency or related instrument. It should not be assumed that these products’ methods, techniques, or indicators will be profitable or will not result in losses.

Bitcoin and Ransomware – A Breakdown

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Bitcoin and Ransomware – A Breakdown

Bitcoin and Ransomware – A Breakdown

Having an online presence of any kind makes you susceptible to malware and ransomware attacks. In particular, security specialists have been vocal about the risk of ransomware and Bitcoin over recent years.

If you’re planning to buy Bitcoin or give Bitcoin mining a try, it’s essential to understand the connection between ransomware and Bitcoin and what you can do to minimise the chances of an attack.

Bitcoin and Ransomware – A Breakdown
Bitcoin and Ransomware – A Breakdown

What Is Ransomware and How Does It Work?

First, let’s explain the concept of ransomware. Though the term is self-explanatory, breaking it down can provide a better understanding.

Ransomware is a type of malware that encrypts a victim’s data. Basically, your data is held hostage until you pay a specific amount of money. If you agree to pay, the attackers send you instructions on how to recover your data.

That is not guaranteed, however. Many users pay the ransom and never get their data back. So, where does Bitcoin fit in all of that? Unfortunately, 98% of all ransomware payments go through Bitcoin. This makes it a substantial part of the ransomware model.

There are several reasons why that’s the case. Accessibility plays a major role, as almost anyone can open a Bitcoin wallet and buy Bitcoin.

Also, all crypto transactions are verifiable and publicly available on the Bitcoin block explorer. Finally, even though Bitcoin is not entirely anonymous, resourceful extortionists can keep their identities well-hidden.

Why It Matters?

The problem of ransomware deserves a lot of attention, but even more so when connected to Bitcoin. We can’t ignore the fact that the very existence of cryptocurrency presents a problem for some traditional institutions.

The issue of Bitcoin being used for illicit activities often arises. It’s a reputation Bitcoin hasn’t been able to shake off entirely. Therefore, being the primary payment method for ransomware attacks doesn’t help. But the problem goes even deeper.

Some ransomware attacks were directed towards prominent institutions, such as the National Health Service in 2017 or the city of Atlanta in the US in 2018. Occasionally these payments are seized by law enforcement, but that requires a lot of effort and resources.

Should Bitcoin Be Banned?

If Bitcoin’s role in a ransomware attack is that prominent, shouldn’t it be banned then? According to some financial experts, the answer is a resounding yes. While that might sound like the perfect solution, it doesn’t make much sense to go down that road.

After all, ransomware has existed for a long time. The first recorded attack took place in 1989 when a biologist distributed floppy disks at a conference.

That attack failed, but many other nefarious parties have since succeeded. If Bitcoin were to be banned overnight, ransomware would still be around. Besides, dealing with ransomware is not a good enough reason to disregard all the benefits associated with Bitcoin.

How to Mitigate Ransomware Attacks

The focus should be on preventing ransomware attacks and not how to get rid of Bitcoin. Learning about how to maintain cyber hygiene is vital in keeping your data safe online. You’ve probably heard this one before, but make sure never to click that suspicious link in your inbox.

If you’re not sure who the sender is, it’s best to delete it.

On top of that, building excellent email and endpoint protection will go a long way when it comes to avoiding extortion.

Also, make sure to have backups, especially if you’re dealing with a lot of sensitive data you can’t afford to lose. Finally, investing in high-quality software that will protect you from malware is worth considering.

Spend Your Bitcoins the Right Way

A ransomware attack is stressful for anyone. Your data is jeopardised, and you feel vulnerable. To make matters worse, someone asks you to open your Bitcoin wallet and spend your hard-earned Bitcoins to get it back.

While no one can be 100% protected from ransomware, there are many things you can do to ensure the odds are reduced to a minimum. The first step is to be cautious about phishing scams and unverified email senders simply.

Finally, the persistence of ransomware attacks is unlikely to get Bitcoin banned, but recognising the connection is the first step towards solving the problem.

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