Cryptokartal Review is Crypto Kartal a Scam or Legit Broker

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CryptoKartal Review – is cryptokartal.com scam or good forex broker?

Trading Accounts and Conditions

Trading account Min. deposit Max. leverage Spread
Micro $250 N/A fixed
Standard $5 000 N/A fixed
Premium $50 000 N/A fixed

CryptoKartal presents itself as a forex broker that offers trading in wide range of trading instruments. However, we couldn’t get hold of essential trading specifics of the brokerage, nor could we test its platform for free.

In case you are wondering whether CryptoKartal is a reliable trading intermediary, read our full review below.

CryptoKartal Advantages

It appears that CryptoKartal uses Leverate’s Activ8 platform. This trading software is easy to use and has nice charting, It also provides users with a ‘Strategies’ category that provides an array of auto trading bots, and incorporated external market analysis. The latter includes 3 categories: ‘Market Analysis’, ‘News’, and ‘Calendar’ displayed on the right side of the interface.

Unfortunately, we could not test CryptoKartal’s Activ8, as the broker actually does not offer free demo accounts.

Plethora of markets

CryptoKartal’s offer seems very broad in terms of assets available for trade. The broker’s product portfolio covers currency pairs, CFDs on indices, commodities, precious metals, stocks, ETFs, and cryptocurrencies.

CryptoKartal Disadvantages

No financial regulation

Our most serious concern regarding CryptoKartal is that the broker does not hold a valid forex broker license. It is allegedly owned and operated by company Elmond Enterprise Ltd, registered offshore, in St. Vincent and the Vrenadines. Offshore brokers are not regulated and therefore generally not recommended. What is worse, when we googled the entity’s name, we found out that it is only present in CryptoKartal’s website, so we are not sure such company even exists.

The broker’s website also features the name of another firm – Fukazawa Partnership OU, which is headquartered and registered in Estonia. Nonetheless, it is not licensed by the Estonian Financial Supervision Authority.

Trading conditions not fully disclosed

Information is a pretty solid criterion for judging a broker’s legitimacy. Scammers would not share much of their information, probably because some inconsistencies and irregularities may show up that expose the whole set-up. As we mentioned in the beginning, CryptoKartal has not disclosed the typical spreads on its website, nor provides a free testing service.

When we registered a live trading account with CryptoKartal in order to test the Activ8 platform, we only got access to some strange dashboard, where the only possible option is to deposit.

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MetaTrader not supported

Neither the MetaTrader4 (MT4), nor the MetaTrader5 (MT5) is available with CryptoKartal. While Activ8 is not too bad a platform, MetaQuotes’ forex trading software is the industry’s leading, and most traders prefer it.

Both the MT4 and MT5 have top-notch charting, support automated trading via Expert Advisors (EAs) and also offer extensive back-testing environment.

Furthermore, we stumbled upon worrisome provisions of the broker’s Terms and Conditions and Withdrawal policy documents uploaded on their website.

It appears that CryptoKartal charges pretty solid withdrawal fees:

Click on the image to view larger.

In addition, if a client does not login and trade from their account within six (6) months (“Dormant Account”), a Dormant fee of 10 % applies each month. Such excessive fees only further give light to the ill-minded intentions of the broker.

Conclusion

Overall, we have found a lot of worrisome aspects of CryptoKartal, but our main concern with this broker is that it is not licensed by any governmental agency.

We always reiterate on the importance of financial regulation. Brokers operating under the oversight of respectful governmental agencies such as UK’s Financial Conduct Authority (FCA) or Australia’s ASIC are much more reliable than offshore companies, most of which are scams.

To sum up the above:

MetaTrader not available

Pros Cons
Activ8 platform offered Not regulated
Many CFDs available
Trading conditions unclear
Extra fees
Broker Advantages

FXTM a regulated forex broker (regulated by CySEC, FCA and FSC), offering ECN trading on MT4 an MT5 platforms. Traders can start trading with as little as $10 and take advantage of tight fixed and variable spreads, flexible leverage and swap-free accounts.

XM is broker with great bonuses and promotions. Currently we are loving its $30 no deposit bonus and deposit bonus up to $5000. Add to this the fact that it’s EU-regulated and there’s nothing more you can ask for.

FXCM is one of the biggest forex brokers in the world, licensed and regulated on four continents. FXCM wins our admirations with its over 200,000 active live accounts and daily trading volumes of over $10 billion.

FxPro is a broker we are particularly keen on: it’s regulated in the UK, offers Metatrader 4 (MT4) and cTrader – where the spreads start at 0 pips, Level II Pricing and Full Market Depth. And the best part? With FxPro you get negative balance protection.

FBS is a broker with cool marketing and promotions. It runs an loyalty program, offers a $100 no-deposit bonus for all new clients outside EU willing to try out its services, and an FBS MasterCard is also available for faster deposits and withdrawals.

FxChoice is a IFSC regulated forex broker, serving clients from all over the world. It offers premium trading conditions, including high leverage, low spreads and no hedging, scalping and FIFO restrictions.

HotForex is a EU Regulated broker, offering wide variety of trading accounts, including Auto, Social and Zero spread accounts. The minimum intial deposit for a Micro account is only $50 and is combined with 1000:1 leverage – one of the highest in the industry.

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UK FCA MT5 $5 Review Website
UK FCA MT4, Web, MT4
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$100 Review Website

Traders` reviews for CryptoKartal

Spread

Slippage

Requotes

Price feed

Platform

Deposit/Withdraw

Customer service

Summary

No withdrawal

I have been trading in this cryptokartal but i didn’t
Withdraw my money because it didn’t allowed to withdraw.

Queja

A cryptokartal
Pte.
Que paso con mi invercion
De saparecieron de la pantalla
Entregerme mi dinero

Translated by Google:

Complain
To cryptokartal
Pte.
What happened to my investment
They disappeared from the screen
Give me my money

CryptoKartal – Diebe, Gauner, LГјgner

Denis Sommer und Heinz Keller sind nur 2 Namen, welche dich Гјber den Tisch ziehen und leere Versprechungen machen. Sie sind professionelle Broker, LГјgner und drГјcken auf der emotionalen Schine und sind in psychologie ganz gut unterwegs. Lasst die Finger von den beiden resp von Cryptokartal. Ich habe auch Verluste erlitten.

Translated by Google:

CryptoKartal – thieves, crooks, liars

Denis Sommer and Heinz Keller are just 2 names that rip you off and make empty promises. They are professional brokers, liars and push on the emotional line and are quite good in psychology. Keep your hands off the two or Cryptokartal. I have also suffered losses.

Burla

Fui burlado em 25o€.
NГЈo consigo contactar ninguГ©m da Criptokartal

Translated by Google:

Scam
I was swindled at 25o €.
I can’t contact anyone from Criptokartal

Kundenbetrug im grossen still

Haben seid März auf der Seite gehandelt ,Geld bekommen Sie in keinster Weise wieder ,in Gegenteil möchten Sie eine Auszahlung müsse man noch Geld bezahlen .

Kann jeden raten hier Handeln Sie bei den grössten Betrügern.

Translated by Google:

Customer fraud in the big quiet
Have been traded in March on the site, you get money in any way again, on the contrary you want a payment you still have to pay money.

Can anyone advise here Act on the biggest scammers.

Truffa

Ero stato contattato da Kryptokartal per iniziare un rapporto sul trading online,purtroppo questa Societa’ se cosi si puo’ chiamare dopo diversi versamenti per un totale di 58000 euro e’ sparita e non ho alcuna possibilita’ di contattarli anzi con un numero di w.a. al quale ci contattavamo con la broker scrivo i messaggi li leggono senza alcuna risposta.
Ho fatto denuncia alla polizia postale mi son rivolto ad uno studio legale senza risultato anzi rimettendoci anche i soldi dello studio.
Quindi che dovrei dire. la mia esperienza e’ fortemente negativa e sono preoccupato

Translated by Google:

Fraud
I had been contacted by Kryptokartal to start an online trading report, unfortunately this Company if you can call it after several payments for a total of 58000 euros has disappeared and I have no chance to contact them with a w.a. to whom we contacted with the broker I write the messages read them without any answer.
I made a complaint to the police post, I turned to a law firm without result, even putting the money back from the studio.
So what should I say . my experience is strongly negative and I’m worried

Account 1879266

pay out the account 1879266

Payment ID: 1567068668547821447

Sehr geehrte Damen/Herren,

Ihre Auszahlung ist bis Heute in meinen Konto nicht gekommen.

BegГјnstigter: DR. JANOS MAJER

Kreditinstitut: Advanzia Bank S.A.

IBAN: LU223442040002119167 BIC: ADVZLULL.

Ich habe den Fall meinem Finanz-Anwalt Гњbergeben, wer am 01.10.2020 Klage erheben.

Mit freundlichen GrГјГџen

Translated by Google:

Ladies and Gentlemen,

Your payout has not come into my account until today.

Beneficiary: DR. JANOS MAJER

Credit institution: Advanzia Bank S.A.

IBAN: LU223442040002119167 BIC: ADVZLULL.

I handed the case over to my financial lawyer, who filed an action on 01.10.2020.

With best regards

Estafa Cryptokartal

Mi nombre es Carlos Noya y me estafaron, junto con un amigo, más de 23.000 €. Esta gente de Cryptokartal son los mismos, que los estafadores de Banco de Monaco, Centrobanc y Coincall porque la investigación que estamos haciendo (junto con un ingeniero informático) nos da datos muy esclarecedores.

Sobre Cryptokartal ya hay investigaciones de la Policia Nacional ( de la UDEF) sobre esta gente y algunos Juzgados llevan el caso. Las empresas que estГЎn detrГЎs son:

• ELMOND ENTERPRISE LTD con domicilio en Griffith Corporate Center, Suite 350, P.O. Box 1510, Beachmont, Kingstown, San Vicente y las Granadinas; y número de Registro 24735 IBC 2020.

• FUKAZAWA PARTNETSHIP OÜ, con domicilio en Roosikrantsi tn 2-K520 Kesklinna linnaosa, Tallinn Harju maakond 10119, Estonia; y número de Registro 14484390.

• BIWAKO PARTNERS EOOD, con domicilio en Sofia 1142, Sofia District, Sofia Municipality, Sredets Region, 9 Professor Fridtjof Nansen Str., floor7, Bulgaria; y número de Registro: 204821135.

• CAPITAL MARKETS BANC con domicilio en Fridtjof Nansen Street 9, 1149, Sofia, Bulgaria.

• B2CRYPTO EOOD / B2CRYPTO LTD con domicilio en Fridtjof Nansen Str.9, 1142 Sofia, Bulgaria y Blvd. Tzar Boris III 15, Sofia, 1612, Bulgaria y número de Registro 205155120.

• MENTIS PARTNERSHIP OÜ, con domicilio en Harjumaa, Tallinn linn, Roosikrantsi tn 2-K485, 10119; y número de Registro 14470169.

Y los nombres de los estafadores que estamos investigando a dГ­a de hoy son, entre otros: Asle Back, Amanda Fox, William Parker MartГ­nez, Allyson, Alexander, Laura Raffaeli Moretti o Sara West.

La PolicГ­a y los InformГЎticos nos dijeron que habГ­a que ser muy directos a la hora de investigar para no dar con vГ­as muertas. Por ejemplo, si utilizaron Anydesk como conmigo, es muy importante ya que desde los registros de esta aplicaciГіn podemos saber el equipo fГ­sico desde donde se conectaron (nosotros ya tenemos algunas).

Igual, las transferencias a Bulgaria, Rusia, Estonia, RepГєblica Checa son fГЎciles de seguir.

Esta gente son profesionales de esto, que utilizan una pГЎgina y cuando la queman, ya van abren otra y siguen con lo mismo (a veces hasta utilizan los mismos nombres), por lo que es muy importante la colaboraciГіn entre los afectados, para reunir el mГЎximo nГєmero de pruebas posibles.

Si estГЎis en esta situaciГіn por favor ponerse en contacto con nosotros

Translated by Google:

My name is Carlos Noya and I was scammed, along with a friend, over € 23,000. These people from Cryptokartal are the same, as the scammers from Banco de Monaco, Centrobanc and Coincall because the research we are doing (together with a computer engineer) gives us very enlightening data.

About Cryptokartal there are already investigations by the National Police (of the UDEF) about these people and some Courts take the case. The companies behind are:

• ELMOND ENTERPRISE LTD domiciled at Griffith Corporate Center, Suite 350, P.O. Box 1510, Beachmont, Kingstown, Saint Vincent and the Grenadines; and Registration number 24735 IBC 2020.

• FUKAZAWA PARTNETSHIP OÜ, domiciled in Roosikrantsi tn 2-K520 Kesklinna linnaosa, Tallinn Harju maakond 10119, Estonia; and Registration Number 14484390.

• BIWAKO PARTNERS EOOD, residing in Sofia 1142, Sofia District, Sofia Municipality, Sredets Region, 9 Professor Fridtjof Nansen Str., Floor7, Bulgaria; and Registration Number: 204821135.

• CAPITAL MARKETS BANC domiciled at Fridtjof Nansen Street 9, 1149, Sofia, Bulgaria.

• B2CRYPTO EOOD / B2CRYPTO LTD with address at Fridtjof Nansen Str. 9, 1142 Sofia, Bulgaria and Blvd. Tzar Boris III 15, Sofia, 1612, Bulgaria and Registration number 205155120.

• MENTIS PARTNERSHIP OÜ, residing in Harjumaa, Tallinn Linn, Roosikrantsi tn 2-K485, 10119; and Registration Number 14470169.

And the names of the scammers we are investigating today are, among others: Asle Back, Amanda Fox, William Parker Martinez, Allyson, Alexander, Laura Raffaeli Moretti or Sara West.

The Police and the Informatics told us that we had to be very direct when it came to investigating not to find dead roads. For example, if you used Anydesk as with me, it is very important since from the records of this application we can know the physical equipment from where they connected (we already have some).

Likewise, transfers to Bulgaria, Russia, Estonia, Czech Republic are easy to follow.

These people are professionals of this, who use a page and when they burn it, they already open another and continue with the same (sometimes they even use the same names), so it is very important collaboration between those affected, to gather the Maximum number of possible tests.

If you are in this situation please contact us.

CryptoKartal queja

Solo me llamaban para pedirme mas dinero, cuando les preguntaba cuando podria recuperar mi inversion no me contestaban y asi estoy viendo que juegan con mi dinero y hace mas de un mes que no se nada de ellos

Translated by Google:

complain
They only called me to ask me for more money, when I asked them when I could recover my investment they didn’t answer me and that’s how I’m seeing that they play with my money and I haven’t heard from them for more than a month

CryptoKartal YatД±rД±lan para

Yaptırdığım 300 $ geriye kalan 75 $ hesabimda sahipsiz olarak durmaktadır yatırım uzmanım olan benjamine ne tlf numarasından ne de Watsapdan ulaşamıyorum mümkünse bana geri dönüş yapabilirlermi tif numaramı bırakıyorum ordaki 75 $ kalan paramı çekmek istiyorum btc adresimde var gerekirse göndereyim hesabima göndersinler paramı +905055052048427

Translated by Google:

Deposit money
I made $ 300 the remaining $ 75 in my account remains unattended as my investment expert benjamine neither I can not reach the number nor Watsapdan can return to me if possible leave my tif number there $ 75 I want to withdraw my remaining money I have my btc address if necessary send my account send my account +905055052048

Scamed by Crypto Kartal

Hello,
I invested 300 $. Now my balance is 1400 $. They asked for more investment. I refused and requested a withdraw. Now I can not speak with them.

CryptoCartal Betrug

Hallo,
ich habe zunГ¤chst rund 800 EUR investiert wurde dann von einem sogennaten Trader betreut / angerufen / E Mail Elena Maier mit Nummer aus Stockholm. Ziel war noch mehr Investment Kapital von mir zu erhalten. Als ich mitgeteilt habe das mache ich erst wenn ich einen withdraw / Auszahlung auf meinem Konto sehe – ist der Kontakt abgebrochen. Konto besteht nopch wird auch getradet (scheinbar) un vermehr sicht aber eien Auszahlung ist nicht mГ¶glich trotz weiteren versuchen. Also gelernt – das ist Betrug und nicht seriГ¶s.

Translated by Google:

Hello,
I initially invested around 800 EUR and was then looked after / called by a so-called trader / E-mail Elena Maier with a number from Stockholm. The goal was to get even more investment capital from me. When I told you I will not do that until I see a withdraw / withdrawal on my account – the contact is broken. Account exists nopch is also traded (apparently) and more view but a payout is not possible despite further attempts. So learned – this is fraud and not serious.

CryptoKartal acoso telefonico

Hola hace unas semanas desde alguna pГЎgina de internet (ya ni la recuerdo) he introducido mis datos y al momento me han llamado para intentar engaГ±arme, les dije que me lo pensarГ­a. A partir de ese dГ­a me han estado llamando muchos nГєmeros de telГ©fono. He pedido que no me llamaran mГЎs pero no hacen caso. Lo Гєltimo es que han llamado incluso a mi pareja preguntando por mi, ВїCГіmo han conseguido el nГєmero de telГ©fono de mi pareja si nunca lo he facilitado, ademГЎs que no viene a caso?. En el dia de hoy me ha llamado un tal LIAN NORDD diciendo que llamaban de CRYPTO CARTAL. Le hago saber que estГЎn vulnerando mis derechos que estoy inscrito en la LISTA ROBINSON y que me ampara la ley 17/1999 LEY ORGГЃNICA DE PROTECCIГ“N DE DATOS y la AEPD (ASCOCIACIГ“N ESPAГ‘OLA PARA LA PROTECCIГ“N DE DATOS) y me responde que a el le da igual que yo estoy inscrito a su pГЎgina y que me tengo que aguantar. COMO DIABLOS ME DOY DE BAJA DE TODOS ESTOS SERVICIOS?Ayuda por favor

Translated by Google:

CryptoKartal telephone harassment

Hello a few weeks ago from a website (I do not even remember it anymore) I entered my information and at the moment they called me to try to cheat me, I told them I would think about it. Since that day I have been calling many phone numbers. I have asked that they not call me again but they ignore it. The last thing is that they have even called my partner asking about me, how have they gotten my partner’s phone number if I have never provided it, besides that it does not come to mind? Today I was called by some LIAN NORDD saying that they called CRYPTO CARTAL. I let you know that they are violating my rights that I am enrolled in the ROBINSON LIST and that I am protected by the law 17/1999 ORGANIC LAW OF DATA PROTECTION and the AEPD (SPANISH ASSOCIATION FOR THE PROTECTION OF DATA) and he answers me that he gives just as I am registered to your page and I have to put up with it. AS DEVILS DO I GIVE LOW OF ALL THESE SERVICES? Help please

Be warned!

Unfortunately, I was not cautious enough to have read the comments on the Forx Broker website about this company Crypto Kartal. I should also have been warned when my account was debited in March 2020 to “Wall-it BAKU (Capital of Azerbeijan!).
Loads of unanswered mails, last one today, most returned as undelivered, despite using their ‘so called’ official websites.
Be warned. This is just one big scam, but as they are not registered/licenced with any (reputable!) government agency such as the UK’s FCA, it will be almost impossible to get these criminals (?) to refund even my 250.00 Euros despite having addresses in Frankfurt, Germany and London, UK.

CryptoKartal profesionales de la Estafa. CuidadГ­n

Yo tambiГ©n fui victima del engaГ±o. Existe alguna plataforma de personas afectadas para reclamar a esta gentuza?

Translated by Google:

CryptoKartal Professional scam. CuidadГ­n
I was also a victim of deception. Is there a platform for affected people to claim this riff-raff?

CryptoKartal Betrug

ich habe bei KryptoKartal durch eigenes Trading ein Guthaben von fast €uro 10.000 durch Traden mit Währungen aufgebaut. Wenn man aufpasst, geht das ganz gut. Am Anfang wird ein Betreuer zugewiesen, der dann aber mit der Zeit ausbleibt und sich nicht mehr kümmert. Der Betreuer ist auch nicht erreichbar. Bei den Telefonnummern, die man bekommt handelt es sich um ausländische Mobilfunknummern. Den Broker kann man aber auf Rückruf nicht erreichen.
Es gibt die MГ¶glichkeit sich Geld auszahlen zu lassen. Wenn man eine Summe eintrГ¤gt, kommt die Mitteilung “Auszahlungswunsch an den Broker weiter geleitet” Der Broker meldet sich aber nicht mehr. Telefon wird nicht abgehoben. Das Guthaben verbleibt auf dem Konto.Man kann zwar weiter Traden, aber Geld bekommt mann keines.

I have built up a credit balance of nearly € 10,000 through trading with currencies through KryptoKartal’s own trading. If you take care, that’s fine. At the beginning, a supervisor is assigned, but then fails over time and does not care anymore. The supervisor is also not available. The phone numbers you get are foreign mobile numbers. But you can not reach the broker on callback.
There is the possibility to withdraw money. If you enter a sum, the message “payment request to the broker passed on” The broker logs but not more. Phone is not picked up. The credit remains on the account. You can continue to trade, but you do not get any money.

CryptoKartal estafadores

empeze a funcionar con esta gente el pasado mes de enero, haciendo un deposito de 250€. al principio gente muy amable con buenas palabras Empezaron a insisitir en hacer mas deposito y me convencieron para ingresar otors 250€. durante el mes de febrero la cosa funcionaba bastanten bien con una inversion de 500€ teniamos ganancias de 800€, lo cual volvi a depositar hasta llegar a los 5450€. la cosa funcionaba bastante bien, incluso hubo ganancias que superaban los 23000€ decidi a finales del mes de abril retiral lo depositado pues tenia uehacer unos pagos y hay empezo el calvario, no contextan a los mensajes, no atienden al telefono, no hay manera de contactar con ellos. en el momento que dije que queria retirar las operaciones que hacian todas eran de perdidas, compraban en posiciones que estaban en negativo y a la baja, y en el mismo minuto lo cerraban haciendo 8 o10 operaciones seguidas con perdidas de unos800€ cada una, hasta llegar a los 10320€ que hay ahora.
el ultimo mensaje que les mande fue acusandoles de estafadores y diciendo que les voy a denucniar y reclamar el dineropuesto que son brokers no regulados, que sale su nombre en internet incluso con otras empresas uw se dedican a lo mismo estafando a la gente, desde entonces las posiciones estan cerradas y no hay ningun movimiento. todo se paralizo y hay esta el dinero sin poder cogerlo.

I started working with these people last January, making a deposit of € 250. At the beginning very nice people with good words They started insisting on making more deposit and convinced me to enter another € 250. during the month of February the thing worked well enough with an investment of € 500 we had earnings of € 800, which we deposited again until we reached € 5450. the thing worked quite well, there were even gains that exceeded € 23,000 decided at the end of April retiral deposited because I had to make some payments and started the ordeal, do not contextualize the messages, do not answer the phone, there is no way to contact them. at the time I said that I wanted to withdraw the operations that were all lost, bought in positions that were negative and down, and in the same minute closed it doing 8 o10 operations followed with losses of about € 800 each, until to the 10320 € that there is now.
the last message I sent them was accusing them of swindlers and saying that I’m going to denucniary and claim the money that are unregulated brokers, that their name comes out on the internet even with other companies uw are engaged in the same scamming people, since then the positions are closed and there is no movement. everything is paralyzed and there is money without being able to take it.

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CryptoKartal Review: Scam or Legit Broker?

Last Updated: 09 February 2020

CryptoKartal is a leading broker offering crypto, forex, and CFDs. This broker is popular with top trading robots such as Bitcoin Trader. But is it legit? InsideBitcoins has carried out in-depth research on this broker and can confirm that they are legit. Furthermore, CryptoKartal scores highly in trading conditions. Their leverage and spreads are among the best in the industry.

In this review, we will look at the key features that make CryptoKartal a good broker. This review will also look at trading robots that use this broker. Keep reading to learn more about this broker or start trading with a robot through CryptoKartal by clicking the trade button below.

  • Robot
  • Rating
  • Properties
  • Trade
  • 82% claimed win-rate
  • $250 Min Deposit
  • Accepts Debit and Credit Card

What is CryptoKartal?

CryptoKartal is a broker that offers crypto, forex, CFDs, and stocks. As mentioned above, this broker is among the most popular with trading robots. The broker was founded in 2020 in St Vincent and the Grenadines and have operations across the globe. CryptoKartal is owned and operated by Elmond Enterprises LTD, a multinational with headquarters in Beachmont Kingston.

This broker has won various prizes among them the Best Customer Service Award, Forex Broker of the Year Award, and top Customer Service Award. Our tests reveal that CryptoKartal has a generally positive online sentiment. The broker is among the few that offer high-level services at stunningly low prices. This explains why those who use trading bots supported by this broker incur low costs.

You can try this broker by opening an account with Bitcoin Trader, a robot that claims to generate a daily return of $1500. The advantage of trading with robots is that they are allegedly more accurate than human beings. User have reported that a good trading robot should generate at least $1k per day from an investment as little as $500.

CryptoKartal Regulation

A good broker should have proper regulation within its jurisdiction of operation. With a regulated broker, traders have an assurance that their deposits are safe. Regulated brokers such as CryptoKartal are required to adhere to strict deposit protection guidelines. This explains why it is essential always to do a background check on a robot to determine the identity of its partner brokers.

CryptoKartal falls under the regulation of the Financial Conduct Authority (FCA), and the Estonian Financial Supervision Authority (EFS). As mentioned earlier, this broker is a product of Elmond Enterprises LTD. This company has registration in St Vincent and the Grenadines under registration number 24735.

Is CryptoKartal legit or a scam?

InsideBitcoins determines legit brokers through factors such as regulation, transparency, reputability, and customer service. We can confirm that CryptoKartal is well regulated. As mentioned above, they fall under the regulatory mandate of the FCA, which covers most countries worldwide. Furthermore, the Estonian Financial Supervision Authority monitors them. We have also determined that they are GDPR compliant.

Regarding reputability, this broker has a generally positive online sentiment. The majority of reviews we have analyzed report that this broker is trustworthy. This explains why there are a lot of big names in the robo-trading world that depend on this broker.

CryptoKartal provides some of the best trading conditions in the market. These include ultra-thin spreads and high leverage. While high leverage is not always the best option in traditional forms of trading, it is crucial in algorithmic trading. Without high leverage, it would not be possible for robots such as Bitcoin Trader to generate the high returns they make per day.

Markets/Instruments

With CryptoKartal, you can trade cryptos, forex, and CFDs on stocks and precious metals. This robot provides high leverage and is, therefore, best suited for trading bots. Trading robots such as Bitcoin Trader offer the best opportunity for beginner and experienced traders. This is because it is fully automated and applies top high-frequency trading strategies.

When it comes to cryptos, this broker offers Bitcoin, Ethereum, Ripple, Bitcoin Cash, Stellar, Litecoin, and many others. Forex offerings include all the majors, minors and most exotics. Other products include CFDs on shares, commodities, ETFs, and Indices. Traders have an option to trade through manually or through a robot. However, the latter is riskier given the high leverage provided by this broker. With a trading robot such as Bitcoin Trader, all trading decisions are made automatically and with a claimed high accuracy.

Trading Platforms

CryptoKartal provides the famous MT4 and also the Active 8 platform. MT4 has many advantages, but it requires time to master. For instance, this platform provides access to over 120 markets in currencies, indices, commodities, and vanilla options. As mentioned previously, this broker is best suited for trading robots.

Additionally, the MT4 comes with a lot of features to help traders get the most out of trading. For instance, the platform provides over 50 technical indicators and charting tools. It also easily integrates with other platforms and third-party applications. For example, the Bitcoin Trader robot is linked with this trading platform to allegedly ensure smooth auto trading.

The Active 8 platform, on the other hand, is known for speed and flexibility. It also comes with a lot of features suitable for algorithmic trading. The reliance on these platforms explains why CryptoKartal is the number one choice for top trading robots.

How to Trade on CryptoKartal through Bitcoin Trader

If you are looking for a good broker, you can try CryptoKartal. However, do not open an account through the traditional way but do it through Bitcoin Trader. Bitcoin Trader is 100% automatic and claims to have an accuracy level of about 99%. This makes it less risky when trading with high leverage.

As mentioned earlier, Bitcoin Trader connects with the Cryptokartal trading platforms. What this means is that you will enjoy the benefits without having to master how the platforms work. With the high leverage offered by CryptoKartal, Bitcoin Trader reports to be able to generate an average profit of $1500 per day. The minimum investment with this robot is $250. Here is a step by step guide to registering with Bitcoin Trader.

Step 1: Registration

The first step involves filling in personal details in a form provided on their website. We can confirm that the process is simple and takes less than a minute. The details to fill in the way include your name, email address, and phone number. You will be asked to verify your phone number and email. This ensures that people do not register using fake details.

When you signup with Bitcoin Trader, this data is passed to CryptoKartal. InsideBitcoins can confirm that this broker has proper data protection measures in place.

Step 2: Deposit

After registration, you go to the deposit page. Please note that any money you deposit with Bitcoin Trader goes to CryptoKartal. This broker has high regulation and therefore you have an assurance that your deposit is safe. Regulated brokers are required by law to adhere to strict regulatory requirements.

CryptoKartal through Bitcoin Trader accepts multiple deposit and withdrawal methods. InsideBitcoins investigation reveals that CryptoKartal offers seamless transactions. All transactions facilitate within 24 hours.

Step 3: Demo

After making the deposit, you go to a demo trading platform. CryptoKartal provides this platform via Bitcoin Trader. The purpose of the platform is to prepare you for the live trading platform. Remember that Bitcoin Trader is fully automatic. You do not need any specialized skills to trade with this robot.

Step 4: Live Trading

With CryptoKartal via Bitcoin Trader, users claim you can make an average profit of $1500 per day. This broker requires a minimum deposit of $250. The Bitcoin Trader robot is fully automatic. All you need to do with this robot is to open and close trading sessions. Bitcoin Trader comes with setup guides to help you navigate through the platform. Read our comprehensive Bitcoin Trader review.

Should I signup with CryptoKartal directly?

We do not recommend that you signup with this broker directly since their trading conditions suits high-frequency trading. This means that you are likely to make lesser profits through traditional trading methods.

As mentioned earlier, CryptoKartal provides high leverage which means that profits and losses magnify to its level. Trading robots such as Bitcoin Trader reportedly have an accuracy level of above 99 percent. If you are a beginner trader, you can sign up with Bitcoin Trader. This trading robot connects directly to CryptoKartal and is set to do all the trading functions automatically. You do not need to master the trading lingo to use this bot.

However, InsideBitcoins recommends that you educate yourself on the working of the crypto industry as you trade. This knowledge will help you master market news and know when to place trades. Click the ‘trade now’ button in the table below to start trading with this bot.

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