Global Forex Company CryptoGT Summary

Cryptocurrency Company

CryptoGT is a Forex company established in 2018. It’s still a new company, but it’s a well-known company. It is operated by the Cyprus company Hatilo LTD. It is famous for its very narrow trading spreads and has a good reputation. The virtual currency pair is the main, and FX is rather a bonus. However, it is also recommended for Forex traders as it holds down major currency pairs. The operation period is less than 3 years, but the strength is that you can trade with a maximum leverage of 500 times.

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Company information

CryptoGT is an FX brand operated by Hatio Ltd. The FX virtual currency trading service will be available in 2018, and it is still an emerging company.

Company NameHatio Ltd.
Headquarters locationTrust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, Republic of the Marshall Islands MH96960
Business start dateMay 2018
Capitalprivate
Number of employeesprivate

License

A financial license is issued by the financial authorities of the country and is a permit for conducting a financial business. Without this, you cannot carry out business activities. The countries with strict examination standards in the world are said to be the United Kingdom and Cyprus. The UK Financial Conduct Authority (FCA) has very strict not only license acquisition but also maintenance standards, such as having to compensate up to £ 85,000 per person in the event of a Forex trader’s bankruptcy. The Cyprus Securities and Exchange Commission (CySec) is said to be the second highest screening country after the United Kingdom. So is CryptoGT licensed? That said, I don’t have a license so far. Therefore, I feel uneasy compared to other companies.

Email support

CryptoGT supports live chat and email inquiries. Please note that unfortunately there is no telephone reception. It is closed on Saturdays and Sundays.

Inquiry methodContents
EmailCorrespondence time is 24 hours a day, 365 days a year. You will receive a reply in about 30 minutes to 1 hour.
ChatYou can chat from the CryptoGT homepage. Correspondence time is 24 hours a day, 365 days a year. Correspondence time is from 9 am to midnight (Japan time).

Supported language

The following languages are supported. It may be a little less than other vendors.

  • Japanese
  • English

Loss compensation

CryptoGT uses zero cut without margin. Even if the principal becomes 0, you will never be in debt. The margin maintenance rate is 100%, and if it falls below it, the position will be forcibly closed.

Withdrawal method

There are the following methods for withdrawing CryptoGT. Please note that bank transfers are not supported.

Withdrawal methodCommissionReflection time
Credit cardfreeIt can take up to 48 hours.
CryptocurrencyfreeIt can take up to 48 hours.

Payment method

There are the following deposit methods for CryptoGT. Please note that bank transfers are not supported.

Payment methodCommissionReflection time
Credit cardfreeSince it is within a few minutes to 30 minutes, it can be reflected immediately.
CryptocurrencyfreeSince it is within a few minutes to 30 minutes, it can be reflected immediately.

Account type

CryptoGT has only one account. There is no choice, but there are some restrictions:

item
Transaction formNDD STP
Maximum leverage500
Brands handledForeign exchange
Cryptocurrency
Precious metals
Stock index
Transaction feesfree
Spread1.5~1.9 pips
Lot unit100000
Minimum trading volume0.01
Maximum trading volume50
Maximum number of positionsUnlimited
Stop level6.2pips
ScalpingPossible
Automatic tradingPossible
Double-deckerPossible
margin150%
Stop-loss100%

Currency pair

CryptoGT supports the following currency pairs. I also listed the average spread.

Currency pairSpread
EUR/USD1.8pips
GBP/USD4.0pips
AUD/USD2.3pips
USD/JPY2.5pips
USD/CAD3.2pips
EUR/GBP2.6pips
EUR/JPY3.1pips
GBP/JPY4.7pips
AUD/JPY4.0pips
XAU/USD0.54
NIKKEI22514
DOW302.8

Scalping trade

Scalping trade is also possible with CryptoGT. But Axiory and Tradeview may be better. The narrowness of those spreads is the top level among the world Forex companies.

Automatic trading is at your own risk

CryptoGT can also be bought and sold automatically. You can use it, but if there is a one-sided trend, the unrealized loss will be large and all the principal will often fly away. Although it is your responsibility to invest in general, please be aware that EA trades can fail in one trend even if the winning percentage exceeds 90%.

Low risk, low return for beginners

Beginners should not be familiar with Forex yet, so start trading with a small number of lots. If you have one position and one lot, you will not suddenly go bankrupt. Let’s start low risk and low return.

Whether or not withdrawal is refused

It will be the most worrisome place for traders who actually trade. There is no Forex company that refuses to deposit, but I am wondering if I can really withdraw when I can make a profit. What about CryptoGT, as some companies run away at worst? The patterns of withdrawal refusals from past cases are summarized below. CryptoGT basically does not require identity verification documents, so restrictions are relaxed.

Case studyContents
Withdrawal of 5 BTC or moreFor withdrawals of 5 BTC or more, it is necessary to submit identity verification documents.
Withdrawal while holding a positionWhile you are holding a position, you cannot withdraw, so please settle before withdrawing.
Bonus withdrawalBonuses cannot be withdrawn.
Get multiple accountsIf the same person has multiple accounts and operates them, there is a possibility that the accounts will be frozen.
No withdrawal due to system troublePlease contact support. Withdrawals will be handled manually.

Full support

CryptoGT offers live chat and email support. We recommend it because there are so many stocks that can be traded in virtual currency.

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