CryptoRocket

CryptoRocket is a new ECN STP broker offering high leveraged trading backing into the MT4 platform.

Launched in 2019, this new brand offers trading on over 200 assets, high leverage options, and same-day withdrawals.

CryptoRocket uses Institutional Grade Liquidity from Major Global Investment Banks enabling users access to ultra tight spreads.

Users can take advantage of over 30 Cryptocurrency pairs, and 55 currency pairs coupled with tight spreads and rapid execution speeds.

Scalping and hedging is permitted.

The site contains Live Spreads for reference and users have access to a dedicated, round the clock customer support team, providing professional assistance through LiveChat. Users can also request a call back at a time that suits them.

Account Types

CryptoRocket is happy to keep things straight forward and offer one type of account. There are no set parameters or terms when setting up an account. The deposit minimum is $10.00 with no hidden clauses.

There is a free to use demo account available with identical trading conditions to the live account.

CrytpoRocket has a ‘Refer a Friend’ program where you can advertise to your friends and online following benefiting from $5 per traded lot. A great way to boost earning power through affiliation.

Leverage

The generous offer available at CryptoRocket is much higher than the industry average with a maximum of 1:500 for Forex pairs.

An exhaustive list of maximum leverage as follows.

Forex – 1:500

Metals – 1:500

Energy – 1:200

Indices – 1:200

Crypto – 1:100

Stocks – 1:20

At CryptoRocket, you may open as many trading accounts as you wish, setting the leverage of your choice upon creation.

Trade Sizes

Micro lot trading is possible at CryptoRocket. Traders can start their trading journey with lot sizes as low as 0.01.

The maximum lot size to open a trade is 1,000 lots for users who wish to invest more.

Margin call is at 100%

Stop out is at 70%

Assets

In an increasingly competitive marketplace, CryptoRocket offers fast trading functions on a variety of instruments which can be found in an exhaustive list for your reference, within the site.

They offer 31 Cryptocurrency Pairs, 55 Currency Pairs, 53 Stocks, 6 Metals, 11 Indices, 1 Futures, and 3 Energies.

Deposits and Withdrawals

A standout feature of the broker is that there are no fees charged on deposits or withdrawals from the broker. There is only a small fee charged by the network for BTC transactions which is industry standard.

New customers can deposit primarily via Bitcoin. Alternatively, traders can deposit using Bank Wire or Visa via a 3rd party.

Withdrawals are processed on the same day of request via Bitcoin. Once approved, funds will arrive in your BTC wallet within an hour.

Minimum deposit: $£€ 10

Maximum deposit: No maximum

Minimum withdrawal: $£€ 10

Maximum withdrawal: No maximum

Trading Costs

The only charge from CryptoRocket is from the trading commission.

Commission is charged at $6 per lot per trade. If one was to use a smaller lot size, then the commission would naturally be less. For example, a trade carrying a lot size of 0.1 – this would carry a commission of $0.60.

Swap fees come into play on CryptoRocket when positions are left open overnight (past midnight MT4 time)

Swap rates reflect the interest rate differentials between the two currencies of a pair. Rates can also vary on long and short positions.

Summary

The key takeaways for this new and exciting broker are that it provides:

• Instant access to high leveraged trading

• Low deposits

• Pristine trading conditions

• User-friendly interface

• MT4

• Same day withdrawals

• Affiliate program

• 24/7 customer support