Kryptocarts, Trade Name KryptoCarts Trading Services LLC, Purportedly A Forex Broker Established In 2018 And Registered In Saint Vincent And The Grenadines, Claims To Offer Its Clients A Wide Range Of Tradable Financial Instruments Through A Web-based Trading Platform With Leverage Up To 1:1000, Floating Spreads From 0 Pips Two Different Real Account Types, And 24/7 Customer Support Services.
As For Regulation, It Has Been Verified That There Are Currently No Regulations In Force For Kryptocarts.
Market Tools
Kryptocarts Advertises That It Has Access To More Than 80 Trading Markets, Including Cryptocurrencies, Stock Indices, Commodities, And Forex.
Account Types
Kryptocarts Claims To Offer Two Types Of Trading Accounts, Namely Margin And Copy Trading. There Is No Minimum Deposit For Margin Accounts, And There Is No Minimum Deposit Of 0.01 BTC For Copy Trading Accounts.
Leverage
Different Maximum Leverage Ratios Are Available To Traders Holding Different Account Types. Margin Account Clients Enjoy A Maximum Leverage Of 1:1000 And Copy Accounts 1:100. It Is Important To Remember That The Greater The Leverage, The Greater The Risk Of Losing Your Deposits. The Use Of Leverage Can Be Used To Your Advantage As Well As Against You.
Spreads & Commissions
Kryptocarts Claims That Spreads Start From 0 Pips And Commissions Start From 0.001%.
Trading Platform Available
Instead Of The Most Advanced And Popular Mt4 And Mt5 Platforms In The World, Kryptocarts Offers Traders A Web-based Trading Platform. Anyway, You Are Better Off Choosing Brokers That Offer Leading Mt4 And Mt5, Which Are Well Received By Traders And Brokers Alike For Their Ease Of Use And Powerful Features, Offering Top-notch Charts And Flexible Customization Options. They Are Especially Popular For Their Automated Trading Robots (aka Expert Advisors).
Deposit And Withdrawal
It Seems That There Is No Minimum Initial Deposit Requirement For Kryptocarts. However, The Broker Says Nothing About The Deposit And Withdrawal Methods. But We Guess That It May Only Support Crypto Payments.
Customer Support
Kryptocarts' Can Be Contacted By Email To Customer Support: Support @Kryptocarts.com Or Live Chat. You Can Also Follow The Broker On Social Networks Like Twitter, Telegram, Facebook And Youtube. However, The Broker Will Not Disclose Other More Direct Contact Information Provided By Most Transparent Brokers, Such As Phone Numbers Or Company Addresses.
Advantages Disadvantages
Advantages: • Multiple Tradable Assets • Competitive Trading Conditions • No Minimum Initial Deposit
Disadvantages: • No Regulation • No Information On Payment Methods
