CredoTrade Forex Broker Review

CredoTrade Forex Broker Review
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Launched in 2017, CredoTrade is a non-regulated Forex broker offering self-trading, copy-trade, and robotrading on the popular Sirix and MT4 platforms. Notably, CredoTrade offers trading across multiple asset classes including, commodities, CFD, Forex, indices and IPO shares. We were interested to see that CredoTrade offers investment opportunities in Bitcoin cloud mining and Bitcoin assets, with... Read more
Launched in 2017, CredoTrade is a non-regulated Forex broker offering self-trading, copy-trade, and robotrading on the popular Sirix and MT4 platforms. Notably, CredoTrade offers trading across multiple asset classes including, commodities, CFD, Forex, indices and IPO shares. We were interested to see that CredoTrade offers investment opportunities in Bitcoin cloud mining and Bitcoin assets, with a 10% discount through the CredoMine service. The CredoTrade platform is offered in 8 languages: English, Russian, Polish, French, Chinese, Italian, Spanish and German. CredoTrade is owned and operated by Dantra Business Inc, Ajeltake Road. The registered company address is Geneva Place, Waterfront Drive, PO Box 3469, Road Town, Tortola, British Virgin Islands.
  1. Launched in 2017, CredoTrade is a non-regulated Forex broker offering self-trading, copy-trade, and robotrading on the popular Sirix and MT4 platforms. Notably, CredoTrade offers trading across multiple asset classes including, commodities, CFD, Forex, indices and IPO shares. We were interested to see that CredoTrade offers investment opportunities in Bitcoin cloud mining and Bitcoin assets, with a 10% discount through the CredoMine service. The CredoTrade platform is offered in 8 languages: English, Russian, Polish, French, Chinese, Italian, Spanish and German.

    CredoTrade is owned and operated by Dantra Business Inc, Ajeltake Road. The registered company address is Geneva Place, Waterfront Drive, PO Box 3469, Road Town, Tortola, British Virgin Islands.

  2. Conclusion:

    We make it our mission to not recommend anything but the best – which, according to industry experts, is FXMasterBot, a trading software that lets YOU choose the broker and also provides fast, reliable and FREE trading signals!

    Your capital is at risk
  3. CredoTrade Special features

    CredoTrade offers 5 account types in USD, GBP or EUR base currencies, with varying minimum initial deposit requirements and account benefits. Disappointingly, CredoTrade doesn’t provide information about trading fees, leverage and spreads on the CredoTrade website. Nonetheless, all account holders have access to the Sirix Forex platform renowned for social trading, the MT4 Forex platform and MT4 mobile trading apps, where spreads and leverage are visible. Importantly, traders receive an online tour to acquaint themselves with the website. Moreover, all clients get access to an economic calendar, daily news, Bloomberg Online, Forex TV and a regular market summary, as well as the possibility of acquiring Bitcoin assets.

    CredoTrade Start Account Features

    • First deposit from $250 to $999
    • 30% deposit bonus
    • 2 risk-free trades
    • Standard withdrawal process
    • Real-time market overview
    • Swaps
    • Risk management tools
    • Online trading signals
    • Financial analytics
    • ‘Copy Trades’ service

     

    CredoTrade Classic Account

    • First deposit from $1,000 to $4,999
    • 50% deposit bonus
    • 5 risk-free trades
    • Standard withdrawals
    • Real-time market overview
    • Help of a personal broker
    • Online training course on Skype
    • Swaps
    • Online trading signals
    • Risk management tools
    • Financial analytics
    • MAM managed accounts
    • ‘Copy Trades’ service

     

    CredoTrade Premium Account

    • First deposit from $5,000 to $19,999
    • 70% deposit bonus
    • 7 risk-free trades
    • Accelerated withdrawals
    • Portfolio management by a Pro trader
    • Help of a personal broker
    • Online training on Skype
    • Online trading signals
    • Risk management tools
    • MAM managed accounts
    • ‘Copy Trades’ service
    • Swaps
    • Financial analytics

     

    CredoTrade Ultra Account

    • First deposit from $20,000 to $49,999
    • 85% deposit bonus
    • 10 risk-free trades
    • Accelerated withdrawals
    • Portfolio management by Pro Trader
    • Help of personal broker
    • Online training on Skype
    • Online trading signals
    • Risk management tools
    • MAM managed accounts
    • ‘Copy Trades’ service
    • Swaps
    • Financial analytics
    • Access to pre-market IPO shares

     

    VIP CredoTrade Account

    • First deposit from $50,000 and more
    • 100% deposit bonus
    • 20 risk-free trades
    • Accelerated withdrawals
    • Portfolio management by a Pro Trader
    • Help of a personal broker
    • Online training on Skype
    • Online trading signals
    • Risk management tools
    • MAM managed accounts
    • ‘Copy Trades’ service
    • Personalised CredoTrade awards
    • Swaps
    • Financial analytics
    • Access to pre-market IPO shares

     

    CredoTrade RoboTrading Account

    In addition to self-trading accounts, CredoTrade offers clients the opportunity to open a RoboTrading account. Trading is done using the proprietary CredoTrade software to complete trade transactions. Referred to as an ‘automatic profit-making system’, RoboTrading requires users to follow the predictions of four separate robots, all responding to markets within 3 minutes, with several options for action. Importantly, traders usually take trading decisions themselves, based on the proposed probability and potential commission from implementing the robots’ proposals. Only when all four robots make a unanimous proposal does automated trading occur.

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  6. CredoTrade Trading software

    Sirix Copy Trading Platform Features

    The Sirix web-based platform, offers both Forex and copy trading on a user-friendly interface. Notably, spreads for Forex trading are high with EUR/USD from 3 pips. Nevertheless, whilst the platform has a broad range of technical indicators and charting tools ideal for Forex trading, it’s especially popular for copy trading. This innovative form of trading allows inexperienced users, to watch and copy experienced ‘Master’ traders free of charge. Users simply choose from a long list of traders in the ‘social stream’ section, and select the options for copying trades. Subsequently, a link is made to the ‘Master’ trader and the copy traders’ positions are opened, updated and closed without any intervention from the copier. Importantly, users can unlink the copy trade positions at any time, and trade manually.

    CredoTrade MT4 Platform Features

    Offering advanced technology and high security, the customisable MT4 platform is the world’s favourite Forex trading platform. With the user-friendly CredoTrade MT4 trading platform, clients have access to a broad range financial instruments including various currency pairs, futures, CFDs and commodities. Notably, the MT4 software client must be downloaded to desktop computers with Windows operating systems.  However, on the MT4 platform, traders can access the user guide built into the platform and choose from multiple languages. The MT4 is renowned for its advanced charting capabilities, pre-installed technical indicators, as well as multiple order and execution types. Especially popular with global traders is the algorithmic trading function with Expert Advisors for automated trading.

    CredoTrade MT4 Mobile Platform Features

    The MT4 mobile trading platform offered by CredoTrade provides fast execution of all trading operations on the move. Users can open positions, monitor trades, sell assets and withdraw funds on the convenient, modern trading platform. Importantly, the mobile platform includes interactive symbol charts, 30 popular technical indicators and 24 analytical objects. The CredoTrade mobile app is available for iOS and Android devices in the App Store and Google Play.

  7. If you want to trade with an Automated Trading Robot, we recommended using FX Master Bot

  8. CredoTrade Support information

    CredoTrade has offices all over the world, each staffed with a customer-orientated support team, and where customers can meet with the team, by appointment. Contact phone numbers, and email addresses are given for offices in the UK, Austria, Australia, Canada, Poland and Switzerland. Alternatively, clients can leave a message on a contact form on the interface, and await a response from the customer services team. We found the FAQs page on the CredoTrade website contains a broad range of useful information about Trading conditions, trading platforms, live trading accounts and general conditions applying to trading with CredoTrade.

  9. Try a simpler way of trading with FXMasterBot

  10. CredoTrade Payment Methods

    Customers can fund their trading accounts in EUR, GBP or USD using bank wire transfer, e-Wallets or credit/debit cards (Visa or Mastercard). Notably, withdrawals can only be made to the same payment method used to deposit, and after account verification (in compliance with KYC policies). To verify their trading accounts, customers must send scanned colour copies of a national ID card, driving license or passport and utility bill or bank statement to prove residence. Moreover, clients funding their accounts with Visa or Mastercard, must copy the front and back of the card, previously blocking the CVV code, and the middle digits of the card number. Depending on the payment method, withdrawals typically take 3-5 business days. Conveniently, the minimum withdrawal amount is just $£€30 via credit/debit card and $£€100 using bank wire transfer. Moreover, whilst the first withdrawal each month is free of charge, subsequent withdrawals in the same 30-day period, are charged a $30 commission.

  11. Conclusion:

    We make it our mission to not recommend anything but the best – which, according to industry experts, is FXMasterBot, a trading software that lets YOU choose the broker and also provides fast, reliable and FREE trading signals!

    • Choice of reputable brokers
    • Free forex & crypto signals
    • Advanced trade settings

    Try a simpler
    way of trading
    with FXMasterBot

  12. Your capital is at risk
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