Our CrescoFX Review
CrescoFX is a UK-based online forex and CFD broker. The platform is fully regulated and reputable. Being regulated gives traders confidence that their funds are protected. CrescoFX is a boutique online broker, which means that the platform is designed to meet the unique needs of online traders. The platform offers traders a wide array of trading instruments and access to the MT4 platform.
CrescoFX Account Types
Traders using CrescoFX have access to four live account types. These are the Standard Account, Gold Account, Platinum Account, and VIP account.
- Standard Account
The minimum deposit amount for the Standard Account is $1000 with a minimum trade size set at 0.01 lots. There is a maximum trading volume limit of $20,000 a month with this account.
- Gold Account
The minimum deposit amount for the Gold Account is $5,000 and the minimum trade size is 0.01 lots. The maximum trading volume for this account is set at $100,000 a month.
- Platinum Account
The Platinum account has a minimum deposit limit of $50,000 with a minimum lot size set at 0.01 lots. With a Platinum account, the maximum trading volume is $250,000 a month.
- VIP Account
A VIP account features a minimum deposit limit of $20,000. The account comes with a minimum trade size of 0.01 lots. Traders using this account enjoy maximum trading volumes of $100,000 a month.
Tradable Assets
Traders on CrescoFX have access to the fx market, access to 10 stock CFDs, including Google and Amazon, 8 CFDs on indices, including major ones like the FTSE 100 and US30. Traders also have access to commodities trading including oil, gold, and silver. They also have access to crypto trading including ETH and BT pairs.
Trading Platforms
Traders using the platform have access to two platforms. These are the Cresco Trader and the MT4 platform.
- Cresco Trader
The Cresco Trader is a proprietary web-based platform. It offers traders unique features such as automated execution, access to risk management tools, charting tools, customizable layouts, and much more.
- MT4
MT4 is a leading trading platform used by millions of traders globally. It is especially suited for fx trading and CFDs. Traders using MT4 have access to numerous analysis tools. It is highly customizable, which allows traders to maximize their chance of profitability. MT4 comes with features such as 30 indicators, numerous charting tools, a financial news feed, and much more.
Both of the platforms can be accessed via a CrescoFX mobile app for iOS and Android devices. It comes with charting features, order execution capabilities, price alerts, and much more. The app is offered in over 20 languages.
Deposits and withdrawals
Deposits and withdrawals on CrescoFX can be made via credit and debit cards and bank transfers.
Customer Support
The customer support team can be reached via email, phone, or snail mail. Additionally, the platform offers a live chat feature to users.
Summary
CrescoFX is an FCA-regulated broker that offers customers some great protections. The site is responsive and well organized. Both advanced and new traders will find multiple features on the platform quite convenient for their trading strategies.