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currency.com

Saint Vincent and the Grenadines|2-5 years|
Suspicious Regulatory License|Suspicious Scope of Business|High potential risk|

https://currency.com/

Website

Rating Index

Contact

+44 7418353584
https://currency.com/
First Floor, First St. Vincent Bank Ltd Building, James Street, Kingstown, St. Vincent & the Grenadines.
https://www.facebook.com/currencycom/

Licenses

No valid regulatory information, please be aware of the risk!

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Contact number

English

+44 7418353584

Broker Information

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Company Name

Currency Com Limited

Company Abbreviation

currency.com

Platform registered country and region

Saint Vincent and the Grenadines

Company website
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Pyramid scheme complaint

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Warning: Low score, please stay away!
Previous Detection : 2024-03-28
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

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currency.com · Company Summary

General Information

Currency.com is advertised as a Britain forex broker since 2018, providing its customers with leverage up to 1:500, tight market spreads on 2000+ top-traded tokenised assets and cryptos, competitive commissions and no hidden fees.

Market Instruments

Currency.com advertises that it offers more than 2000 trading instruments, including tokenized shares, indices, commodities, currencies, bonds and good-old crypto assets, as well as the most popular financial instruments: forex currency pairs, commodities, indices, and ETFs.

Products

From the top menu options of currency.coms home page, we found that it offers a wide-range of products, consist of cryptoplatform, crypto wallet, exchange App, API documentation, corporate account and company tokens.

Leverage

Currency.com provides the maximum leverage up to 1:500. Attention that leverage can magnify gains as well as losses, inexperienced traders are not advised to use too high leverage.

Spreads & Commissions

The spread is floating around 0.9 pips. However, our account was not verified and so this could only be a demo spread, although everything we have seen suggest this to be the actual spread. However, different deposit and withdrawal methods will be charged with different commissions. For Bank Transfer, the deposit commission is free while the withdrawal commission is 0.15% ( min $20; max $200). For MasterCard and VISA, the deposit commission is 3.5% while the withdrawal commission is 3% + $3.

Trading Platform Available

Instead of the industry standard Metatrader 4 and Metatrader 5,currency.com gives traders the sole choice of a web-based trading platform. It is equipped with the main features of many chart customizable tools, time frames, stop-loss, take-profit, and more, yet it does not have any available automated trading.

Deposit & Withdrawal

Currency.com accepts deposit or withdrawal via Bank Transfer, MasterCard and VISA. The minimum deposit amount is $50 for Bank Transfer and $20 for MasterCard and VISA, while the maximum deposit amount is unlimited for all methods. The minimum withdrawal is $50 for Bank Transfer and $10 for MasterCard and VISA. The withdrawal request is usually processed in 3 days.

Fees

Currency.com also requires some fees consist of trading fee, exchange fee, funding fees and etc. Note that fees may vary depending on the selected asset for the transaction. In terms of trading fee, BTC/USD, BTC/EUR, ETH/USD, ETH/EUR fee is 0.06%, other cryptos is 0.075%, tokenised assets (shares, ETFs, indices, commodities) and currencies are 0%. For exchange fee, cryptocurrency / cryptocurrency is 0.2%, cryptocurrency / tokenised currencies is 2%, tokenised assets (shares, ETFs, indices, commodities) is 0.05%, tokenised bonds is 0.03%, tokenised currencies is 0% , companies tokens is 0% (buy) and 1.5% (sell). While funding fees will apply to continuous leveraged trades held according to the market rate.

Customer Support

Currency.com‘s customer support can be reached through phone: +447418353584, email: support@currency.com. What’s more, you can also follow this broker on some social media platforms such as Facebook, Twitter, Instagram, Telegram, LinkedIn, YouTube and much more.

News

Currency.com Sees a 130% Surge in Global Client Numbers over H1 2021

NewsCurrency.com Sees a 130% Surge in Global Client Numbers over H1 2021

2021-09-28 17:00

The regulated crypto platform is expected to add more tokens by the end of the year.

WikiFX
2021-09-28 17:00
News
Currency.com Sees a 130% Surge in Global Client Numbers over H1 2021

User Reviews

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4

Comments

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FX1463473053
more than one year
Another issue I've had with Currency.com is the limited educational resources they provide. I understand that not every broker is going to offer extensive training materials, but I feel like I'm left to my own devices more often than not. It would be nice to have more guidance on how to improve my trading skills, especially since I'm still relatively new to this.
2023-04-06 10:34
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0
0
FX1463473053
more than one year
I'm feeling pretty good about Currency.com. The leverage options are pretty sweet, and the trading platform is smooth as butter. Plus, they got all these advanced charting tools and analysis that make it easy to get the info I need to make moves.That being said, there are a few things about Currency.com that have frustrated me. One is the high swap fees, which have eaten into my profits. It's not a deal breaker, but it does mean that I need to be extra careful when holding positions overnight.
2023-04-06 10:33
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0
0
如果6475
more than one year
Currency.com, this shady offshore broker, is a real scammer. They provide extremely high spreads. When you began to withdraw your money, they will rudely postpone your withdrawal requests for no reason.
2023-03-02 10:27
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0
0
专业祛斑祛痘――贾叶
more than one year
Opening an account on the Currency.com platform is quite easy, and I have been trading with it for two months, trading app quite smooth and helpful… let’s look what will happen next…
2023-02-15 10:10
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0
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