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CryptoGT

CryptoGT is a CFD broker founded in 2018 and based in the Marshall Islands. They offer several financial products including cryptocurrencies, major forex pairs, and indices. Although their history is short compared to Forex brokers, they are well known among crypto traders because they have been in business since the days when there were only a few brokers offering crypto CFD trading.

The website is available in Japanese and chat support in Japanese is also provided. Since dynamic leverage is employed and leverage fluctuates according to the volume of trades, you can leverage up to 1:500, which is higher than most cryptocurrency exchanges.

CryptoGT is a CFD broker with various cryptocurrencies, from the popular Bitcoin (BTC) and Ethereum (ETH) to the smaller Monero (XMR) and Tron (TRX). Overseas Forex brokers generally offer crypto pairs against USD or JPY, but CryptoGT offers many pairs between cryptos such as ETH/BTC (Ethereum Bitcoin), like crypto exchanges. On the other hand, the number of Forex pairs, stock indices, and precious metals is small, as they only offer products that are particularly popular among users.

MetaTrader5 is offered as a trading platform. MetaTrader5 (MT5) is the successor to MetaTrader4 (MT4), which is currently used by many overseas Forex brokers. A wide range of indicators and advanced features are available.

CryptoGT protects the clients' funds to prepare for unforeseen circumstances. Funds entrusted by clients and the company's funds are segregated and managed in a cold wallet offline. In terms of security, they are not only using cold storage, but also not permitting access to the clients' funds wallet by a single employee, and adopting two-step verification to prevent unauthorized login. Although CryptoGT allows high leverage of up to 1:500, there is no need to worry about additional margin as the zero cut system, where negative balance is resolved over time, is adopted.

There is only one account type, and no transaction fees are charged. Deposits and withdrawals are in cryptocurrencies only, and 17 cryptos are supported, including popular cryptos such as Bitcoin and Ethereum, as well as stablecoins such as Tether (USDT).

The bonus programs include a regular deposit bonus and an irregular 3,000 yen account opening bonus. The deposit bonus offers 80% (up to 50,000 yen worth) for the first deposit and 20% (up to 1,200,000 yen worth) for subsequent deposits. CryptoGT is popular among users who want to trade mainly cryptocurrencies but other instruments as well.

Official Website

Pros

  1. Wide range of cryptos
  2. High leverage for cryptos up to 1:500
  3. Cryptos are available for deposits and withdrawals
  4. Wide range of bonus programs
  5. Funds stored in a cold wallet

Cons

  1. Only cryptos are available for deposits and withdrawals
  2. Only one account type
  3. Few products other than cryptos
  4. MT4 is not provided
  5. No financial license

Operating Company

Company name:
Hatio Ltd.
Head office address:
Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, Republic of the Marshall Islands MH96960
Financial supervisor:
None (Corporate Registration in the Marshall Islands)
Founded:
2018
Capital:
Undisclosed

Customer Service

Website language:

[Asia] Japanese
[Europe and America] English

Trading platform:
MetaTrader5
English support:
Email,Support Chat
Business hours:
(365 days) 24 hours
Email address:
[email protected]
Phone number:
N/A

Trading Rules

Roll over:
0:00 (Server time)(*1)
Margin call:
When the margin maintenance rate falls below 80%
Loss cut:
When the margin maintenance rate falls below 50%
Matched order:
Permitted
EA restrictions:
None
Request for additional margin:
None (If the margin becomes negative, zero cut will be performed)
Funds management:
Managed in a segregated bank account
Bankruptcy compensation:
Full deposit compensation is not guaranteed

(*1)Crypto swap points are charged every 4 hours.

Conditions for Each Account Type

Trading platform:
MetaTrader5
Brokerage model:
STP method
Spread method:
Variable spreads
Trading account currency:
Bitcoin, Ethereum, Ripple, Tether, Litecoin (12 other currencies are available)
Maximum leverage:
1:500
Initial minimum deposit:
Depends on the currency
Lot size:
100,000 units
Minimum order size:
0.01 lot
Maximum order size:
50 lots
Maximum open orders:
100 lots
Instruments(symbols):

[FX/Currency Pair]: 9
[CFD/Metals]: 1
[CFD/Indices]: 2
[CFD/Cryptocurrencies]: 71

Available trading hours:

[CFD/Cryptocurrencies] (365 days) 24 hours
[Others] Depends on the instrument

Transaction fees:
None
Account maintenance fee:
None
Holding multiple accounts:
Permitted
GMT time difference:
[MT5] Daylight saving time: +3 hours, Winter time: +2 hours
Official Website
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