Buycryptomarket Review

Buycryptomarket Review and Analysis

Read our Buycryptomarkets review to determine if Buy Crypto Market is a scam or a reliable Forex broker. Unbiased Forex broker reviews that serve the interests of our users.

Overview

Making a bold entry into the brokerage scene, Buycryptomarket is a new multi-asset platform with heroic ambitions. The brokerage offers competitive access to a range of markets, but its core concept and stylistic freshness mark it apart from industry rivals even at a glance. As the name suggests, Buycryptomarket introduces cryptocurrency trading into modern Fiat trading. Our team have explored the platform to put together the below review and outline Buycryptomarket’s features, pros, cons, and exactly what traders can find underneath the quirky concept.

What is Buycryptomarket?

Buycryptomarket is a multi-asset brokerage offering CFD trading across cryptos, Forex, indices, stocks, and commodities. This form of trading the financial markets allows users to trade either long or short without taking ownership of the underlying asset and use leverage to enhance their exposure in the markets, even with modest investments. This makes it a universal platform that welcomes users of any trading experience or strategic direction.

The platform is not regulated, but they do have their connection to the Tier 1 bank and non-bank liquidity providers. This should offer some comfort to traders looking for trustworthy brokerage services for their cryptocurrency trading.

Investor Protection & Regulations

As mentioned above, Buycryptomarket is not officially regulated with any European financial regulatory entity. This may change in the future when the broker becomes more established. Traders should always be aware that using non-regulated brokers always carries an element of risk, leaving them potentially bereft of legal protection. Nonetheless, traders ought not entirely to disregard platforms that are missing the official seal of approval; in many cases, these brokerages still uphold high internal standards and utilize the best modern technology for security.

 Their KYC and due diligence is in accordance with the latest AML requirements. 

In the case of Buycryptomarket, customer and company funds are kept segregated so that user capital will not be threatened in the case of company default.

Moreover, regular auditing of operational risks allows the brokerage to manage capital and compliance and promptly attack suspicious or dangerous activity. Where individual users are involved, Buycryptomarket insists upon a Two-Factor Verification system for account login, and customer details are encrypted throughout the KYC process. These measures are not omnipresent across brokerages and offer another valuable layer of protection to customer details and finances.

Tradeable Products at Buycryptomarkets.com

Buycryptomarket offers a reasonable range of assets across different markets, making it excellent for traders looking to diversify. Specifically, the stock offering covers prominent US and EU companies, including Apple, Toyota, Amazon, MSFT and much more; the index list is limited but covers the NASDAQ 100, S&P500, and FTSE 100 in the West and the DAX. The commodities list is short but strong, including natural gas, oil, metals, silver and gold.

Concerning cryptocurrencies, Buycryptomarket offers the most well-known products, such as Ethereum, Bitcoin, Litecoin, Ripple, and Dogecoin. The recent addition of crypto funding methods and extra assets suggests that this is an area in which the platform will continue to grow, so crypto enthusiasts should watch this space.

Buycryptomarket’s strongest product listing is in forex. All the usual major and cross pairs alongside exotic currency pairs are offered for CFD trading here. Beyond Forex, the listings might be a little limited compared to other brokerages, but what is lacking in depth is made up for breadth across different asset markets. Traders of Forex and major assets will probably be satisfied by the products on offer, but those looking for a niche or unusual listings may have to explore elsewhere.

Fees and Commissions

Buycryptomarket offers diverse payment solutions for traders to fund their accounts. Traditional funding methods such as wire or card transfers are also available. Still, Buycryptomarket has chosen to position itself on the side of more efficient and secure technology by expanding its capabilities to handle altcoins.

Indeed, decentralized finance is fast becoming a cornerstone of industry standards. Crypto payments are typically faster and safer than traditional transactions and are traceable 24/7 through the blockchain. This extra flexibility should certainly appeal to the modern generation of traders.

Buycryptomarket’s Trading Platform 

Like many industry competitors, Buycryptomarket uses easytech trading solutions as its native platform. This trading platform is well-regarded in the trading world for user-friendly, flexible, and efficient Buycryptomarkets. Since this trading platform is compatible across devices, Buycryptomarket’s traders can access the markets from a desktop, web, and mobile.

Supported Countries

Buycryptomarket’s status as a non-regulated broker is not intended for use where local laws or regulations forbid CFD brokerage or associated services. A full list of restricted territories should be published in the website’s Terms and Conditions, and we would suggest contacting the broker’s customer support if clarification is required. It’s worth noting that trading industry regulations are constantly developing, so restrictions may also alter.

Usability

Putting technical details aside, Buycryptomarket especially stands out for the simplicity, creativity and boldness of its image branding. The brand’s name shouldn’t spook traders; the website’s clarity, clean design, and brand vision distance it from any danger of being “gimmicky”. Buycryptomarket is a welcome breath of fresh air, providing the information you need and nothing beyond, focusing on the actual trading experience and trading conditions.

The core concept of Buycryptomarket marries epic folklore with modern trading technology to encourage traders of all levels to ‘become their trading heroes’. This goes beyond serving a visual aesthetic; Buycryptomarket offers affiliation opportunities for networking traders and content creator support for individuals to grow in the trading space according to their talents. The overall impression is that Buycryptomarket aspires to nurture an enthusiastic and dynamic trading community beyond its brokerage services.

The website is clear, orderly, and clear to navigate. The content shows proper transparency concerning the solutions, tradeable products, and payment methods, and full terms and conditions are easy to find.

Customer Support

Buycryptomarkets.com delivers quality 24/5 customer service to provide hassle-free support for traders worldwide. The support team can be contacted by email, Phone or website, either by submitting a ticket in the support section.

Phone: +442033709757

Email: support@buycryptomarkets.com

The presence of a telephone contact option is great as this will undoubtedly be some traders’ preferred means of communicating issues. Our team found the responses to our test calls and email queries prompt, professional, and friendly.

Overall Conclusion of Buycryptomarket – Final Thoughts

As a relative newcomer, Buycryptomarket is an impressive contender in the brokerage industry. The platform would suit beginner and experienced traders alike thanks to its above-average trading conditions regarding account flexibility, leverage, spreads, and payment support. The range of tradeable products is more than adequate for traders searching for mainstream assets, and the overall execution and feel are that of a modern brokerage.

It will be interesting to see how the Buycryptomarket concept unfolds as the platform grows and may win over users searching for an interesting and dynamic trading experience.