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.
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 Name | Hatio Ltd. |
| Headquarters location | Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, Republic of the Marshall Islands MH96960 |
| Business start date | May 2018 |
| Capital | private |
| Number of employees | private |
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 method | Contents |
| Correspondence time is 24 hours a day, 365 days a year. You will receive a reply in about 30 minutes to 1 hour. | |
| Chat | You 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 method | Commission | Reflection time |
| Credit card | free | It can take up to 48 hours. |
| Cryptocurrency | free | It 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 method | Commission | Reflection time |
| Credit card | free | Since it is within a few minutes to 30 minutes, it can be reflected immediately. |
| Cryptocurrency | free | Since 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 form | NDD STP |
| Maximum leverage | 500 |
| Brands handled | Foreign exchange Cryptocurrency Precious metals Stock index |
| Transaction fees | free |
| Spread | 1.5~1.9 pips |
| Lot unit | 100000 |
| Minimum trading volume | 0.01 |
| Maximum trading volume | 50 |
| Maximum number of positions | Unlimited |
| Stop level | 6.2pips |
| Scalping | Possible |
| Automatic trading | Possible |
| Double-decker | Possible |
| margin | 150％ |
| Stop-loss | 100％ |
Currency pair
CryptoGT supports the following currency pairs. I also listed the average spread.
| Currency pair | Spread |
| EUR/USD | 1.8pips |
| GBP/USD | 4.0pips |
| AUD/USD | 2.3pips |
| USD/JPY | 2.5pips |
| USD/CAD | 3.2pips |
| EUR/GBP | 2.6pips |
| EUR/JPY | 3.1pips |
| GBP/JPY | 4.7pips |
| AUD/JPY | 4.0pips |
| XAU/USD | 0.54 |
| NIKKEI225 | 14 |
| DOW30 | 2.8 |
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 study | Contents |
| Withdrawal of 5 BTC or more | For withdrawals of 5 BTC or more, it is necessary to submit identity verification documents. |
| Withdrawal while holding a position | While you are holding a position, you cannot withdraw, so please settle before withdrawing. |
| Bonus withdrawal | Bonuses cannot be withdrawn. |
| Get multiple accounts | If the same person has multiple accounts and operates them, there is a possibility that the accounts will be frozen. |
| No withdrawal due to system trouble | Please 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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