CryptoGo365 Review – Are They Safe or a Scam?
Our CryptoGo365 Review 2023
Want an easy and safe way to trade online? Then you’ll definitely need to read our CryptoGo365 review. Join us as we see how this online broker can take care of your trading needs.
You might not have heard of CryptoGo365 before, but you will soon. This is because this broker gives you a refreshingly simple way to trade on the value of everything from foreign currencies to cryptocurrencies. So keep reading this CryptoGo365 review to see just how easy it is to trade here!
So we have good news and bad news. The bad news is that it looks like there is nothing in the way of welcome offers for new customers at the CryptoGo365 trading platform. The good news is that the broker makes it supremely easy for you to set up your trading account.
All you have to do is to click on the Register button and then fill in your name, email, country, home address, phone number and date of birth. Next you just have to select the base currency that you want to trade in and then verify your account.
This means having to either upload or email in a scan of some government-approved personal ID like your driving license or passport. Thankfully, CryptoGo365 is very fast at approving such paperwork and we found that our trading account was up and running in less than 24 hours.
We loved how fresh and user-friendly the CryptoGo365 site is. While some online trading sites can be pretty gloomy, CryptoGo365 has kept its interface nice and legible with lots of white space and clean black text with the occasional green flourish.
We’ve already touched on how easy the registration process is and this ease of use is extended all over the site. From making your deposits to contacting customer support, you’ll find that most tasks can be carried out in just a few clicks. Such intuitive design is carried over to the trading platform that we’ll discuss below.
Want to trade on a mobile? No problem. This is because CryptoGo365 has made some great trading apps that you can download direct to your Android or iOS device. So that whether you want to trade from a computer, smartphone or tablet, you can do it all at CryptoGo365.
CryptoGo365 offers you the chance to pick one of five different kinds of trading accounts. Each of these have different advantages and features and it’s well worth checking out each one to see which is right for you.
Chances are that you’ll start off at the Rookie level. You can begin here with a $250 deposit and you’ll get to trade from a 0.01 minimum lot size with the benefits of 24-hour trading with some handy mobile options.
From here you will see the other trading accounts running from Basic and Elite to Elite Plus and VIP. Each of these accounts will feature a larger qualifying deposit that runs from a minimum of $2,500 through to $10,000. Impressively, the minimum lot size of your trades stays at the same 0.01 level.
However, it’s well worth upgrading if you get the chance. This is because higher levels get a range of perks that include things like expert daily analysis to having your own account manager and much more. Just remember that you have to put in a special request to reach the VIP level. All of which should offer you a superior way to trade at CryptoGo365.
One of our favorite things about CryptoGo365 is that it has a cool WebTrader that you can use to execute your trades without having to download any extra software. While this comes at the cost of losing some of the more advanced analytical features, more casual investors will find all that they need on the WebTrader.
It gives you full trading functionality with a responsive and flexible range of tools and instruments. We found that the WebTrader boasted an impressive level of performance regardless of how chaotic the market was.
With over 1,000 assets available the speed never lagged too much, and our trades were executed so quickly that there wasn’t any drop in value. While the WebTrader may feel a little lightweight for some experienced investors, there are enough sophisticated chart tools to help anyone make sense of the market conditions.
We briefly mentioned the fact that you have to set your base currency to start trading at CryptoGo365. At the moment, it looks like this has to be either US dollars, Australian dollars, euros or British pounds.
Most people will start at CryptoGo365 by making the minimum $250 deposit and then top up their accounts from there. Deposits are quick and easy to carry out and you can add money to your account just by visiting the Deposit page of the Client Area.
You can make deposits and withdrawals from CryptoGo365 either with a Visa or Mastercard, or there is also the option to make a wire transfer. Just bear in mind that the minimum withdrawal amount for wire transfer withdrawals is $50.
Fees – Low trading costs proves that are no CryptoGo365 scams
The good news here is that CryptoGo365 manages to get by without adding any annoying fees on things like making deposits and there aren’t even any commission fees on your trades. While this is positive, there are a few more fees to be careful about.
For example, CryptoGo365 reserves the right to charge a maintenance fee if you’ve left your account dormant for over a year, and there will be account closure fees. Beyond this, you might find some fees for withdrawals depending on the payment method used, but on the whole, the fees you face here are much less severe than what you might experience on some other online trading platforms.
One thing that you definitely won’t have to worry about at CryptoGo365 is customer service. This is something that’s immediately evident when you first visit the online trading site where a live chat bubble quickly pops up to ask if you need any help. You can also find links for the email support in the site footer and it’s nice to see that there is a telephone hotline available too. Just bear in mind that it looks like the customer support is only available between the hours of 830am and 630pm – handily tying into your forex trading hours.
Beyond this, you can follow CryptoGo365 on its Facebook and Twitter social media channels, and there is also a FAQ section on the site. To be honest, the FAQ section is very brief, and you are probably unlikely to find the depth of information that you are looking for here. Our advice is to simply use the live chat service and you’ll quickly get all of the assistance you need.
We found that CryptoGo365 is a legitimate online trading platform that is fully registered in St. Vincent and the Grenadines. By registering its business like this, CryptoGo365 is duty-bound to give its customers a secure and legal way to trade assets online. Just so you know, while CryptoGo365 has an international customer business, you can’t register here if you are based in the US.
You also won’t have to worry about how your data is stored at CryptoGo365. This is because the online broker’s site uses SSL technology that encrypts all of the data flowing between your browser at the website.
Lots of online trading sites give you more information and resources than you’re likely to need, but CryptoGo365 keeps things relatively simple. This means that you’re not going to find endless educational resources here. However, depending what kind of account you have, you may find some helpful daily analysis reports. Plus we’d recommend checking out the Economic Calendar that gives you advance warning of all of the key macroeconomic news and events taking place across the world. All of which should give you a helping hand with your online trades.
CryptoGo365 offers you a simple and straightforward way to start trading forex and cryptocurrencies. While it provides the bare bones of online trading, we actually liked being able to trade assets from a web browser without having to download any bulky trading software.
Some more experienced investors might like a trading platform with a bit more depth, but it’s worth remembering that some of the more advanced accounts at CryptoGo365 could be very worthwhile. All of which means that we’d thoroughly recommend you register at CryptoGo365 and see for yourself whether this online broker is right for you.