Company DetailsTrading PlatformsMetaTrader 4MetaTrader 5Assets & MarketsFeesCryptoRocket LeverageMobile AppPayment MethodsDepositsWithdrawalsDeals & PromotionsRegulation & SecurityAdditional FeaturesLive AccountDemo AccountBenefits Of CryptoRocketDrawbacks Of CryptoRocketTrading HoursCustomer SupportCryptoRocket VerdictAccepted CountriesCompare CryptoRocketCryptoRocket Comparison TableCompare Trading InstrumentsCryptoRocket vs Other BrokersFAQIs CryptoRocket Legit?How Can I Trade With CryptoRocket?How Can I Deposit Funds To My CryptoRocket Account?What Is CryptoRocket?What Can I Trade With CryptoRocket?
CryptoRocket offers margin trading on cryptocurrencies, forex, stocks and indices. Same-day withdrawals and MT4/MT5 integration have made it a popular broker with aspiring traders. This review will detail the services that CryptoRocket offers, platform features, spreads and prices, investment signals, plus minimum deposits. Find out if you should start trading with CryptoRocket.
Company Details
Launched in 2018, CryptoRocket Limited is based in St. Vincent and the Grenadines. Although relatively new in the industry, the brand has already won awards for its crypto trading products.
The ECN broker offers CFDs on seven asset classes with up to 1:500 leverage. Clients can speculate on traditional financial markets as well as major cryptos like Bitcoin, Ethereum and Litecoin.
24/7 customer support and competitive pricing via institutional-grade liquidity providers have made CryptoRocket popular with both beginners and experienced traders.
Trading Platforms
Clients can choose between the MetaTrader 4 and MetaTrader 5 platforms. Both are high-quality terminals that can be accessed for free through desktop computers and mobile devices.
MetaTrader 4
Launched in 2005 by MetaQuotes, MetaTrader 4 (MT4) is one of the best platforms available to day traders.
To help with analysis, clients can customize charts using nine different time frames, 30 technical indicators and 24 graphical objects. The terminal offers both market execution and pending orders, plus stop losses and take profits. Investors can also set up signals and alerts to be notified when certain market conditions are met, indicating when a position could be opened or closed.
MT4 offers forex trading only. If you want to trade on other markets, you will need to use MetaTrader 5.
MetaTrader 4
MetaTrader 5
Five years after the launch of MT4, MetaQuotes released MetaTrader 5 (MT5), an advanced trading solution for serious CryptoRocket traders.
MT5 offers additional features and tools, including 80 analytical tools to overlay onto price charts and 21 time frames starting from one minute and increasing up to one month. Additionally, MetaQuotes has provided the MQL5 programming language that allows clients to create their own indicators and tools.
Other helpful additions include Expert Advisors (EAs), which are bots used to execute trades. There are some that come built into the platform or you can search for and purchase bots from third-party sites.
How To Place A Trade
Sign in to your CryptoRocket account through the platform launcher
On the trading platform, click the ‘New Order’ button
Select the desired asset from the dropdown list
Specify the order type from either market execution or pending order
Type in the trade details such as trade volume as well as stop loss and take profit orders
Click ‘Sell’ or ‘Buy’ depending on the contract side and open the trade
To close the contract, click on the order in the ‘Trade’ box and select ‘Close Order’
How To Make A Trade
Assets & Markets
CryptoRocket offers a decent selection of instruments:
Cryptos – 34 cryptocurrencies including some of the biggest tokens such as Bitcoin, Ethereum and Shiba Inu
Forex – 55 major, minor and exotic currency pairs for example EUR/USD, GBP/USD and USD/CAD
Stocks – 64 stocks from US and European exchanges including Amazon, Lufthansa, Tesla and Volkswagen
Indices – 10 indices including the NASDAQ 100, Dow Jones 30 and FTSE 100
Metals – Gold, Silver and Platinum paired with USD as well as Silver paired with EUR
Energies – UK and US Oil
Futures – US Dollar only
CryptoRocket uses a Straight Through Processing (STP) model meaning no dealing desk intervention. As a result, day traders benefit from ultra-fast order executions through top-tier liquidity providers.
Fees
CryptoRocket charges the same commission across all markets and instruments. Depending on the base currency, the commission is $/£/€6 per lot traded.
Spreads are competitive with the EUR/USD available at 0.6 pips. BTC/USD is offered at 76.6 pips while XAU/USD comes in at 2.7 pips and the Nasdaq at 11.2 pips.
Spreads
The broker does not charge any fees for deposits and withdrawals.
CryptoRocket Leverage
The maximum leverage you can use depends on the instrument:
Forex and metals: 1:500
Energies and indices: 1:200
Cryptocurrencies: 1:100
Stocks: 1:20
Mobile App
The brokerage group itself does not offer a dedicated app but if you want to trade on your mobile device, you can download the free MT4 or MT5 apps. There are download links available on the CryptoRocket website.
The MetaTrader apps support netting and hedging, come with a market depth feature, and provide various integrated indicators, charts and alerts. Mobile traders can also monitor their trading history and execute positions in one tap.
Note, the CryptoRocket Pro APK app created by NikitaDev is not related to the CryptoRocket broker.
Payment Methods
Deposits
CryptoRocket supports deposits made using credit/debit cards, bank wire transfers and Bitcoin. The broker aims to process deposits within one hour.
The minimum deposit to open a live trading account is $10, however, bank wire transfers have a $50 minimum funding requirement.
While there are no fees for deposits or withdrawals, you may be subject to third-party charges or fees imposed by the blockchain network.
Withdrawals
Our experts found that CryptoRocket clients can only make withdrawals using Bitcoin. This is a downside vs competitors.
The broker aims to complete all withdrawals within one hour but they can take up to three hours depending on the blockchain network.
The minimum amount you can request is $10.
How To Transfer Funds
Sign in to your account at cryptorocket.com
Under the ‘Transactions’ tab, click either ‘Deposit’ or ‘Withdraw’
Select your transfer method
Input the amount and confirm
If using Bitcoin, you will be redirected to a page showing the address you can send the crypto. Alternatively, you will be asked to input your wallet address for a withdrawal
If using a wire transfer for a deposit, you will be redirected to a site that processes fiat purchases of Bitcoin, which will then be deposited into your brokerage account
Deals & Promotions
When we used CryptoRocket, we were not offered any welcome bonuses or loyalty deals.
As an unregulated entity, CryptoRocket is not subject to restrictions on financial incentives. With this in mind, the broker’s website may publish details of future promotions.
Regulation & Security
CryptoRocket does not hold a license with a regulatory authority, so be careful with investments. You will not necessarily receive negative balance protection or guarantees if the company defaults.
Even though CryptoRocket is not regulated, it has taken measures to help protect client accounts and their funds. For example, all users have the option to enable two-factor authentication at login using email and a phone number.
Additionally, when clients request a withdrawal, the broker will conduct verification checks such as looking at IP records and account flags to ensure the wallet address is genuine.
Finally, to help secure funds on the platform, the broker stores crypto in a cold wallet to keep it safe from hackers and fraudsters.
Additional Features
When it comes to education and additional features, CryptoRocket falls short. There is limited information on trading basics, asset features or the latest market news. This means the broker might not be the best choice for beginners.
There are, however, three step-by-step user guides to help clients trade on the platform and make deposits/withdrawals.
Live Account
CryptoRocket offers a single live trading account. Users have access to all of the cryptocurrency broker’s features and tools.
On the downside, this means active traders won’t receive lower fees and premium market insights for trading in high volumes.
How To Open An Account
Demo Account
CryptoRocker also offers a free demo account where you can practice trading using either the WebTrader terminal or the downloadable MT4 platform.
When you register for a paper trading account, you choose the leverage and starting funds.
Benefits Of CryptoRocket
While using CryptoRocket, our expert traders found several advantages:
1:500 leverage
No limits on trade size
Low minimum deposit
Two-factor authentication
Powerful cryptocurrency tools
Same-day deposits and withdrawals
MetaTrader 4 and MetaTrader 5 integration
Cryptocurrency trading including Bitcoin (BTC)
Drawbacks Of CryptoRocket
Unregulated broker
Bitcoin withdrawals only
No negative balance protection
Trading Hours
The cryptocurrency market is open 24 hours a day, 7 days a week with no weekend closures or public holidays. Stocks and forex are available to trade Monday to Friday.
Keep an eye on the trading platform for details of upcoming market closures.
Customer Support
CryptoRocket offers 24-hour customer support.
If you need help, you contact the broker via:
Request a call back
Online contact form
Live chat on the website
FAQs and user guides
Social media accounts on Facebook, Instagram and Twitter
CryptoRocket Verdict
CryptoRocket offers leveraged trading on various cryptocurrencies, forex pairs, stocks, commodities and indices. MT4 and MT5 integration, plus a $10 minimum deposit, make the online broker accessible to aspiring crypto investors.
On the other hand, CryptoRocket is not regulated so traders will need to be careful with their investments.
Accepted Countries
CryptoRocket accepts traders from Australia, Thailand, Canada, United States, United Kingdom, South Africa, Singapore, Hong Kong, India, France, Germany, Norway, Sweden, Italy, Denmark, United Arab Emirates, Saudi Arabia, Kuwait, Luxembourg, Qatar and most other countries.
Compare CryptoRocket
Compare CryptoRocket with similar brokers that accept traders from your location. Among available brokers these are the most similar to CryptoRocket:
Forex.com – Forex.com boast a global reputation. Regulated in the UK, EU, US and Canada they offer a huge range of markets, not just forex, and offer tight spreads on a cutting edge platform.
IG Group – IG-US offer spread betting, CFD and Forex trading across a range of markets. They are FCA regulated, boast a great trading app and have over 47 year track record of excellence.
AAAFx – AAAFx offers CFD trading in forex, commodities, indices and cryptocurrencies.
eToro – eToro is a multi-asset platform which offers both investing in stocks and cryptoassets. Crypto Trading is offered via eToro USA LLC; Investments are subject to market risk, including the possible loss of principal. CFDs are not available in the US Cryptoasset investing is highly volatile and unregulated in the UK and some EU countries. No consumer protection. Tax on profits may apply.79% of retail accounts lose money.
CryptoRocket Comparison Table
| 2.5 | 4.5 | 4.4 | 3.9 | 4.1 |
| Forex, Stocks, Commodities, Crypto | Forex, Stocks, Commodities, Crypto | Forex, Stocks, Commodities, Crypto | Forex, Stocks, Commodities, Crypto | Stocks, Crypto |
| Yes | Yes | Yes | Yes | Yes |
| $10 | $100 | £250 | $10 | $10 |
| 0.01 Lots | $1 | 0.1 lots | 0.01 lots | $10 |
| None | CySEC, IIROC, NFA, CFTC, FCA, CIMA | FCA, ASIC, MAS, FSCA, JFSA, FMA, CFTC, NFA, BMA, DFSA, FINMA, BaFin | HCMC (Greece), FSCA (South Africa) | FCA, CySEC, ASIC, FSA |
| – | No | – | 100% Deposit Bonus available for Global clients | – |
| No | Yes | Yes | No | Yes |
| MT4, MT5 | MT4 | MT4 | MT4, MT5 | – |
| 1:500 | 1:200 | 1:30 | 1:30 EU, 1:500 Global | None |
| 4 | 8 | 6 | 9 | 14 |
| – | CryptoRocket vs Forex.com | CryptoRocket vs IG Group | CryptoRocket vs AAAFx | CryptoRocket vs eToro |
| CryptoRocket Review |
Forex.com Review |
IG Group Review |
AAAFx Review |
eToro Review |
Compare Trading Instruments
| Yes | Yes | Yes | Yes | No |
| Yes | Yes | Yes | Yes | No |
| Yes | Yes | Yes | Yes | Yes |
| Yes | Yes | Yes | Yes | No |
| Yes | Yes | Yes | No | No |
| Yes | Yes | Yes | Yes | No |
| No | No | Yes | No | No |
| Yes | Yes | Yes | No | No |
| No | No | No | No | No |
| Yes | Yes | Yes | Yes | Yes |
| Yes | Yes | Yes | No | No |
| No | Yes | Yes | No | Yes |
| No | No | Yes | No | Yes |
| No | No | Yes | No | No |
| No | No | No | No | No |
| No | No | Yes | No | No |
| No | No | Yes | No | Yes |
CryptoRocket vs Other Brokers
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FAQ
Is CryptoRocket Legit?
CryptoRocket is a genuine CFD broker. While the broker is not regulated, it has taken steps to protect client funds, including storing crypto funds in cold wallets, enabling two-factor authentication at login, and checking IP records and account flags to verify wallet addresses.
How Can I Trade With CryptoRocket?
You can open contracts and monitor positions using MetaTrader 4 and MetaTrader 5. Both platforms have computer applications that you can download from the broker’s website as well as mobile apps available on iOS and Android devices.
If you do not want to download software, you can use the WebTrader terminal through the CryptoRocket website.
How Can I Deposit Funds To My CryptoRocket Account?
CryptoRocket supports deposits made via bank cards, wire transfers, and Bitcoin. Payments are fee-free and are processed within one hour.
Note, the minimum deposit via wire transfer is $50, whereas with Bitcoin the limit is $10.
What Is CryptoRocket?
CryptoRocket is a CFD broker that offers margin trading on forex, cryptocurrencies, indices, commodities, futures and stocks. The broker is based in St. Vincent and the Grenadines and accepts clients from around the world.
What Can I Trade With CryptoRocket?
CryptoRocket supports trading on forex, crypto coins (USD and BTC pairs), commodities, US Dollar futures, and stocks from US and European exchanges and indices.