Cryptos Circus Review
If you are shopping for an online broker for your trading needs, you have probably realized that it isn’t as easy as you anticipated. Most people think they can just pick a brokerage out of a hat and start trading in the financial markets. While this is certainly an option you can explore, you should bear in mind that even a slight miscalculation in choosing a platform can have disastrous consequences. The tools, services and conditions that these companies offers can vary significantly and as they affect your bottom line, you shouldn’t make a decision without careful consideration. Going through this Cryptos Circus review is a must for this purpose.
After all, a look at any company’s website will simply show you what they want you to so. It doesn’t really show you the full picture because in order to see that, you need to make some effort on your own. This means you have to evaluate a broker’s services thoroughly and then sign up with one. It can save you from having to switch platforms in the future, which is a time consuming and exhausting process to say the least. If you put in a little bit of time and effort in the first go, it saves you from having to start from scratch again.
You will come across thousands of brokers when you begin looking, but the important thing to remember is that each one is different and so is their target audience. For instance, some platforms only cater to traders of a specific category, such as beginners or professionals. Likewise, some prefer to concentrate on one market, like forex or cryptocurrency. You have to understand your own preferences and then opt for a broker that fits your requirements. Launched by NVCapital, Cryptos Circus has climbed up the ranks in the financial markets rapidly.
Instead of being just another name on the forex and CFD broker list, you will discover that Cryptos Circus seems to be making a mark in the financial markets and this is undoubtedly intriguing. However, this is not enough for you to sign up with them right off and you need to evaluate their offerings. You can go through this review for accomplishing this goal:
|Trading Accounts||Four account options; Junior, Senior, Executive and Presidential|
|Assets Coverage||Forex currency pairs, Stocks, Green Stocks, Cryptocurrencies, Indices and Commodities|
|Trading Tools||Trading Indicators, Trading Calendar, Calculator, Signals, Live Charts, Technical Analysis Tools and Reports, Price Alerts, Market Research, Trading Tips, and Risk Management Tools|
|Education and Training||Yes; e-books, online video courses, webinars, seminars, tutorials, latest market news, guides and in-depth research|
|Customer Support||24/5 support via email address, phone number online contact form and live chat. Different numbers and email available for different languages.|
|Security Policy||KYC (Know Your Customer) and AML (Anti-Money Laundering)|
Assess the security it offers
When you have to evaluate a brokerage, it is best to begin with the security and safety they can provide to you. Why? This is because if they cannot keep your funds or your data safe and away from cybercriminals, there is no point in you continuing. The consequences of having your money or your sensitive information stolen are just too devastating for you to accept the risk. This is where you will be quite impressed with Cryptos Circus because they have not made any compromises where security is concerned.
You can also stop worrying about the safety of your funds because Cryptos Circus also maintains segregated accounts for its clients. This means that the company’s own funds and accounts are kept completely separate and no client deposits are used for its own obligations. In fact, if the company was to file for bankruptcy, your money would remain safe and be returned to you. The addition of AML and KYC policies is also a bonus for traders because it means further security. How?
These are known as Anti-Money Laundering and Know-Your-Customer policies, respectively and are internationally known and recognized. These policies allow Cryptos Circus to reduce the possibility of identity theft, terrorist financing, and money laundering and financial fraud because they require anyone opening an account to provide documents for proof of identity and proof of residence. For identity, traders can submit a valid passport, a national ID card issued by the government or a driver’s license. For residence, they can provide a utility bill (electricity, water or gas), a credit card bill, or even a bank statement.
Explore the asset index
It wouldn’t be a good idea for you to choose a brokerage without evaluating their asset index first. You may want to trade a specific instrument or in a specific market and you need to ensure its availability. Even if you don’t have anything specific in mind, this step is important because you want to find something to trade according to your risk tolerance, or have access to instruments that enable you to achieve your financial goals. You will find Cryptos Circus more than appropriate in this regard because their asset index is quite diverse.
As a matter of fact, there are more than 250 trading instruments available on the Cryptos Circus platform and this allows every trader, no matter what their risk appetite, to find a suitable option. These instruments don’t just belong to one market, but are a combination of some of the top instruments from the leading financial markets in the world. This is highly convenient for traders because it allows them freedom when it comes to choosing what they want to trade.
Most importantly, they also have the chance to diversify their portfolio easily, which can be quite effective in minimizing their trading risks and giving their profits a boost. Some of the assets that traders will find at Cryptos Circus are:
One of the best ways to balance your trading portfolios is by adding commodities to the mix. You will find a wide range of commodities available at Cryptos Circus and these include energy commodities like natural oil and gas, precious metals like gold, silver and platinum, and agricultural products like sugar, coffee, corn and wheat.
If you know about trading, you certainly know the stock market and it offers profitable opportunities for everyone. You can choose from some very attractive options, such as Tesla, Amazon, Coca Cola, AT&T, Apple, PayPal and Facebook. In fact, you will find that Cryptos Circus also provides access to green stocks to those who are dedicated to saving the environment.
With a daily trading volume of more than $5 trillion, the forex market is considered the world’s biggest one. There are numerous currency pairs to be traded here, which include EUR/USD, USD/JPY, NZD/CAD, USD/CHF, GBP/USD and EUR/GBP.
Traders who are looking for lucrative opportunities will find the indices available at Cryptos Circus to be an excellent addition to their portfolio. You can find some prominent ones, like S&P 500, FTSE 100, CAC 40 and DAX 30.
Unless you were living under a rock for the last decade, you probably know what cryptocurrency is and the market has undoubtedly become immensely popular. Therefore, you will find some of the top options available at Cryptos Circus and these include Bitcoin, Litecoin, Ethereum, Bitcoin Cash, Monero and Ripple.
Check the capability of the trading platform
Your experience with a broker will mostly depend on the trading platform they offer because you will spend most of your time using this software. The platform you are provided is at the discretion of the company and they can choose to offer one of their own, or provide one of the existing options in the market. You will find that Cryptos Circus has opted to go for the former option i.e. they have developed a trading platform of their own to offer to their clients.
The good news is that it is one of the best decisions on their part because the Cryptos Circus trading platform is everything a trader is looking for. It has state-of-the-art technology that ensures speed, a simple user-interface that means no learning curve and the tools that make it modern enough for every trader. This makes it the perfect combination for everyone, whether they are just starting out or have years of experience under their belt. The platform you find here is a web-based one, which has its own appeal.
It does not have to be downloaded or installed anywhere, which means you don’t have to be restricted to one device. The Cryptos Circus platform works just as smoothly on your PC, laptops or mobile devices. The technology used can provide superior trade execution, allowing you to tap into all opportunities that pop up. The intuitive user-interface ensures that you can navigate the platform without any hassle or complexities. As far as tools are concerned, you will find some of the best ones at your disposal.
From fundamental and technical analysis tools to risk management tools, the platform at Cryptos Circus appears to have it all. You can set up price alerts and get notifications about any changes. The trading calendar also gives you updates and the charts and graphs come in handy for analysis and good decision making.
Take the account choices into consideration
It is not possible to use a broker’s services without opening a trading account, but the choices available depend on the ones that are provided to you. Every broker has their own criteria for coming up with them and Cryptos Circus is no different. They have opted to provide four choices to their clients, each of which are developed for traders of a different category. For instance, the first account called Junior is meant for newcomers and beginners with little or no experience in the financial markets.
The deposit criteria for this account falls between the ranges of €200 and €5,000 and traders get one month free trial of signal service and weekly newsletter. They also get a personal account manager and a private trading session. The second choice that Cryptos Circus offers is called Senior and is for intermediate traders. So, the deposit requirement is adjusted to €5,001 and €50,000. A 5% commission discount and multiple account support is added. The next upgrade is the Executive account for advanced traders and deposits of €50,001 and €250,000 are needed here.
Two private trading sessions are available, along with 12 monthly signals. Commission discount increases to 10%, Islamic account becomes available as does automated trading. The final account that Cryptos Circus has added to its offerings is known as the Presidential account and this one is for VIP and professional traders. Therefore, it only comes with a minimum deposit of €250,000 and has not imposed a maximum deposit limit. Traders can attend private trading sessions on demand and get signals on a daily basis. Their commission discount is increased to 20% and they get airport lounge access, meeting with a senior partner and private concierge services.
This account also comes with tax advisor and credit officer access and Cryptos Circus allows users to access all features available in previous accounts. With such account choices available, every trader can find a suitable one for their trading style, their risk appetite and also their budget.
With a leverage that goes as high as 1:400 and spreads starting at 0.1 pips, the trading conditions provided by Cryptos Circus are also worth noting. Their customer support also seems to be top-notch and they have also added educational resources to assist their clients. Registration remains quick and simple and you will have an account ready for trading in three quick steps, making your entire experience a breeze.