Traders can choose from three types of regular trading account at CryptoEU. Setting up a trading account is easy and fast with the fully automated ‘on boarding’ and Know-Your-Customer (KYC) identification document upload section, integrated into the trading platform. CryptoEU offers margin loans for margin trading up to 300% depending on the asset type. Moreover, the spreads between the buy and sell prices of underlying securities on the trading platform vary, with CryptoEU determining the size of the spreads. Typically, the prices on the trading platform may not always be the real time market prices of underlying assets, but the prices that CryptoEU is willing or able, to buy or sell the securities for. In addition to regular trading accounts, CryptoEU provides customers with investment services through managed Bitcoin futures trading accounts. Clients who don’t want to trade bitcoin by themselves, can choose from fully managed accounts, semi-auto trade programs or PAMM account trading programs. Notably all the managed bitcoin futures trading accounts, are charged management fees and quarterly trading commissions.
CryptoEU Test Account
Customers opening an account at CryptoEU and making a minimum deposit of €250, are granted a test period lasting up to one week. Unlike a typical demo FX trading account, clients trade on the live trading platform with real money, potentially making real money profits. At the end of the test period, customers can cancel their subscription to CryptoEU and withdraw their initial deposit. Nevertheless, profits made during the test period are liquidated and cannot be withdrawn.
CryptoEU Bronze Trading Account Features
To set up a Bronze account at CryptoEU requires an initial deposit of between €250 and €10,000. Traders receive a bonus up to 20% (with terms and conditions), daily market updates and reviews, as well as access to free webinars. Moreover, they are rewarded with loyalty points to spend in the CryptoEU e-shop, on a broad range of attractive products. Leveraged trading up to 1:2 is available on US Treasury pairs (UST) and leverage of 1:4 on other asset pairs. Spreads for the underlying securities start from 0 pips. CryptoEU charges a trading commission of 6% and interest on overnight swaps is at 1%. Once traders complete a trading volume of 25 million, the Bronze account is automatically upgraded to a Silver account.
CryptoEU Silver Trading Account Features
Opening a Silver account at CryptoEU requires an initial deposit of between €10,000 and €25,000 with a bonus up to 50% (subject to terms and conditions). Spreads are from 0 pips and leverage provided on UST pairs is up to 1:2 and up to 1:4 on other types of assets. Commissions paid on trading are lower than the Bronze account, at 5% but overnight swaps remain the same at 1%. Silver accounts are allocated a professional account manager and loyalty points are earned on trading volume. Notably, once a turnover of 75 Million has been achieved, the Silver account is automatically upgraded to a Gold account.
CryptoEU Gold Account Features
Customers need to make an initial deposit of more than €25,000 to open a Gold account featuring tailor-made goals at CryptoEU. A bonus up to 100% is offered (with terms and conditions), and traders earn double loyalty points for spending in the e-shop at CryptoEU. Significantly, trading commission is only 4%, whilst spreads are from 0 pips and overnight swaps remain at 1%. Maximum leverage provided is at 1:2 for UST pairs and 1:4 on other types of assets.