Buycryptomarkets.com review 2023- Good & Reliable?!
This Buycryptomarkets.com review gives you all the information you need to decide whether or not to choose Buycryptomarkets.com. We also share our own experiences with this broker. On our website, we have many other reviews from other brokers.
It is worth reading several reviews before making a choice. There can be significant differences between the advantages and disadvantages of different brokers. You can use the table of contents to go to topics important to you in 1 click. If you want to keep this Buycryptomarkets.com review next to the real thing, you can create a demo account to get an impression of Buycryptomarkets.com. Furthermore, we wish you a lot of reading pleasure ;).
So that you know, investments can go down and up. You may receive less back than you have deposited. Past performance is no guarantee of future results.
General information Buycryptomarkets.com (review)
We start this Buycryptomarkets.com review with some general information. Buycryptomarkets.com is a global CFD and Forex broker where clients can trade stocks and cryptocurrencies. The company was founded in 2022. Buycryptomarkets.com is not regulated by the UK Financial Conduct Authority (FCA) or any other regulated entity. It works according to the international AML regulations and restrictions but does not have any regulations.
This broker has about 3000 clients. Buycryptomarkets.com has been growing for the last year but slowly, partly because of the need for more regulation and offering only support in English.
Advantages and Disadvantages Buycryptomarkets.com
Advantages
A significant advantage of Buycryptomarkets.com is commission-free trading. Opening an account is entirely online, simple, and fast. Buycryptomarkets.com’s web and mobile trading platforms are well-designed and easy to use.
Advantages Buycryptomarkets.com
- CFDs, for cryptocurrencies
- Commission-free
- User-friendly trading platform
- Very low minimum deposit (€250)
- Wide range of stocks, Forex, and CFDs
Disadvantages
A disadvantage of Buycryptomarkets.com is the somewhat limited trading instruments and the need for some popular instruments, such as options and bonds. The analysis tools of Buycryptomarkets.com are pretty simple, which means that it is not possible to analyze in a very professional way.
Cons Buycryptomarkets.com
No very advanced analysis capabilities
- no meta traders.
- No regulation.
- No to minimal educational capabilities
Trading Offer Buycryptomarkets.com (review)
At Buycryptomarkets.com, you have mainly one trading option. We explain them in this Buycryptomarkets.com review per part. Buycryptomarkets.com CFD Trading.
At Buycryptomarkets.com, you can trade CFDs. So, unlike stocks and ETFs, you don’t own a part of the company you’re trading, but you’re speculating on price movements.
Stock CFDs
At Buycryptomarkets.com, you can also trade stocks via CFDs. Please look at the table below for examples of stock CFDs via Buycryptomarkets.com. A large portion of the stock CFDs will match the shares via Buycryptomarkets.com Invest.
Indexes
At Buycryptomarkets.com, you can also trade indices. Please take a look at the table below for some examples.
| Symbool | Wat is het? |
| NASDAQ 100 | 100 Most Traded Companies on the NASDAQ |
| SPX 500 | Index of the 500 largest U.S. companies (based on market capitalization) |
| UK 100 | Index of the 100 largest companies in the UK (based on market capitalization) |
| Germany 30 | DAX index (30 companies with the largest market capitalization in Germany) |
| EURO STOXX 50 | Index based on the 50 most essential stocks from the euro area countries |
Commodities
You can trade CFDs in two types of commodities, namely: gold and silver. In addition, you can trade more commodities via futures, including crude oil, platinum, and coffee.
Forex (currency)
At the Buycryptomarkets.com review, we also look at forex. At Buycryptomarkets.com, you have a wide range of currency pairs. Buycryptomarkets.com offers the currency of many European countries and many international currencies. In total, Buycryptomarkets.com offers over 50 currency pairs to trade. Some examples of currency pairs you can trade at Buycryptomarkets.com:
- EUR/USD
- GBP/USD
- EUR/GBP
- AUD/USD
- EUR/CAD
- NZD/USD
- EUR/JPY
- USD/JPY
- And much more…
Buycryptomarkets.com is a good broker for trading forex.
Can you buy crypto at Buycryptomarkets.com?
Since the end of 2022, it is again possible to trade cryptocurrency at Buycryptomarkets.com. Buycryptomarkets.com
Buycryptomarkets.com fees (review)
In this Buycryptomarkets.com review, we also look at the costs. Buycryptomarkets.com trading fees are low. Buycryptomarkets.com is also a very transparent broker about costs, which is very nice for an investor.
Cost
The trading fees at Buycryptomarkets.com are very low. We take this as a positive point in this Buycryptomarkets.com review. In addition, the minimum deposit, withdrawal, and order amounts are low. This makes it a very attractive broker for novice investors.
Inactivity fees
Buycryptomarkets.com also doesn’t charge any fees if you’re inactive. This is a good service from them. Many brokers do charge something if you are inactive for a long time.
So how does Buycryptomarkets.com make money?
Buycryptomarkets.com comes out well in this review in terms of costs. Buycryptomarkets.com is, of course, not a foundation that offers just anything for free. With the above trading costs, they will not get by. So how do they make their money?
Spreads
The difference between the purchase and selling prices is called the ‘Spread.’ There is often a difference between these two prices. This is because buyers and sellers bid against each other for the best price. Buycryptomarkets.com (and all other brokers) increases the spread by a few cents. This extra difference, therefore, makes Buycryptomarkets.com money.
Swap fees
If you use leverage with CFDs, you ‘borrow’ money from Buycryptomarkets.com, as it were. With leverage of, for example, 1:100, you deposit € 10, and Buycryptomarkets.com turns this into € 1000. To use leverage, you pay a commission, a kind of interest.
Is Buycryptomarkets.com User-Friendly?
In this Buycryptomarkets.com review, we also pay attention to user-friendliness. We do this for both the website and the mobile app.
Buycryptomarkets.com Website
Buycryptomarkets.com has a user-friendly and customizable web trading platform. For beginners, it is easy to find your way around the interface of Buycryptomarkets.com.
Buycryptomarkets.com App
Buycryptomarkets.com’s mobile app is user-friendly and well-designed, with great search features. This app is also user-friendly for beginners.
Is Buycryptomarkets.com a reliable broker?
Buycryptomarkets.com comes out of this review as a reliable broker. We explain why. There are several things you can pay attention to when you want to review the reliability of a broker. First of all, you can look at the regulation. Good brokers take many safety steps. In addition, you can look at the number of users they have. If Buycryptomarkets.com were a reliable broker, they would have fewer clients.
In addition, your data is also protected. Buycryptomarkets.com has taken many steps to protect your data, namely:
- Regular tests and scans of the applications by Security Metrics.
- Processes and systems in the areas of finance, operations, governance, and IT are controlled by Grant Thornton.
- Buycryptomarkets.com has a dedicated 24/7 Security Operations Center.
- Buycryptomarkets.com participates in a bug bounty program.
Payment methods
Buycryptomarkets.com has multiple payment options. You can pay with cryptocurrencies, credit cards, and bank transfers!
Customer Service Buycryptomarkets.com
Buycryptomarkets.com’s customer service is available 24/5 via the contact form. In addition, you can also send an e-mail to support@Buycryptomarkets.com. Buycryptomarkets.com customer service is available in English in any case. They do not have a LiveChat function, which is often helpful. Compared to other brokers, Buycryptomarkets.com’s customer service is common.
How to create a Buycryptomarkets.com account?
This extensive Buycryptomarkets.com review also explains how to create an account at Buycryptomarkets.com. To do this, follow these steps:
- Create an account: if you want to start trading with Buycryptomarkets.com, you only need to register an account. This is a simple process and can be done both through the website and the mobile app. Click on ‘Open account’ at the top. Now you have to answer some questions, such as the country of residence and the number of your ID or passport. In addition, you have to answer several questions about your investing knowledge.
Verification process:
- After filling in your details, you will have to wait a while before you can use your account. To complete the verification process, you must upload a copy of an ID or a confirmation of your address.
- Deposit money: once your account has been created, you can deposit money into your account. You can do this with, for example, Bitcoin.
Get started: Once your account is verified and you’ve deposited funds, you can begin investing. Good luck!
Does Buycryptomarkets.com have a demo account?
At Buycryptomarkets.com, you have the option of a demo account. As shown in the steps above, you can easily switch to a demo account. This allows you to strategize and try out the platform before you start the real thing. Always handy to do before trading with real money! A positive point for this Buycryptomarkets.com review!
Final Verdict Buycryptomarkets.com Review
Based on this review, Buycryptomarkets.com is primarily a CFD and forex broker. The advantages of Buycryptomarkets.com are the low CFD fees. Opening an account is very easy, and the trading platforms are user-friendly. Fortunately, you can deposit money with Bitcoin.
However, Buycryptomarkets.com has a limited range of trading instruments, lacking popular instruments such as bonds and options. Trading at Buycryptomarkets.com is a good choice for those interested in trading forex and CFD products with higher leverage. The customer service of Buycryptomarkets.com is relatively small compared to other brokers. There are also relatively few analysis options.
Since it is possible to use a demo account, you can easily create an account at Buycryptomarkets.com to try it yourself.
Frequently Asked Questions (FAQ)
Can you pay with Bitcoin at Buycryptomarkets.com?
Yes. At Buycryptomarkets.com, you can deposit and withdraw money with Bitcoin.
Can you trade cryptocurrencies at Buycryptomarkets.com?
Yes, it is possible to trade cryptocurrencies at Buycryptomarkets.com. Buycryptomarkets.com.
Is Buycryptomarkets.com a reliable broker?
Yes. For the moment, and at the time of this review, Buycryptomarkets.com is a reliable broker because they take many safety measures. Does this mean they remain so? Time will tell, always do your own due diligence and start with the demo account.
What are the fees at Buycryptomarkets.com?
With Buycryptomarkets.com, you do not pay any transaction fees for trading or inactivity, or withdrawal fees. Buycryptomarkets.com makes money through spreads, swap fees, and futures rollover.
Good solution for trading BTC and ETH
Based on this review, Buycryptomarkets.com is primarily a CFD and forex broker. The advantages of Buycryptomarkets.com are the low CFD fees. Opening an account is very easy, and the trading platforms are user-friendly. Fortunately, you can deposit money with Bitcoin.
- Trading software
- Speed and execution
- Fees
- Customer Service
- Trading conditions
However, Buycryptomarkets.com has a limited range of trading instruments, lacking popular instruments such as bonds and options. Trading at Buycryptomarkets.com is a good choice for those interested in trading forex and CFD products with higher leverage. The customer service of Buycryptomarkets.com is not very special compared to other brokers. There are also relatively few analysis options.