CryptoGM Review – Best Crypto Broker or Not?

CryptoGM is a broker who offers unique type of trading assets to the crypto enthusiasts. If you haven’t seen their asset class, then you have no idea about the kind of opportunities it presents.

While their platform seems reliable, surprisingly there is no testimonials about them on the web. If you are on the fence trying to decide whether or not to deposit on to this brokerage, then continue reading our detailed review.

We are going to walk you through every aspect of this broker. CryptoGM Review

Licenses, Regulation and Customer Support

Though the cryptos for the most part is unregulated, it is always a wise decision to stick with regulated entities only. While you may not get much advantage in terms of leverage, the trading conditions for the most part will not have a conflict of interest.

Not all unregulated exchanges are frauds, but in the last century they have notorious history of looting the newbies in the name of investments. CryptoGM is operated by Major Technologies and MajorBizDev limited who is registered in Ireland.

However, they do not appear to be a regulated body and there are no details about this matter on their website. If you have any questions left unanswered in this review, then you can reach the support team of this platform via telephone and email.

Due to a shortage of feedback from existing clients, we cannot comment anything on their efficiency. Here are the contact details.

Phone – +353768887776

Email – info@cryptogm.com

Address – 3 Cavendish, Dublin, Ireland.

Charting Solution and Leverage

CryptoGM is not integrated with MT4 and 5 platforms which means they are web based platform. The software runs on any device with an active internet connection. However, there are a few downsides to it as well.

For starters, anyone who is used to Expert Advisors won’t be able to execute the trades which might turn out to be a deal breaker. Moreover, we don’t know if they offer social trading or not. In short, unless you are interested in manual trading this platform will not be suitable for you.

The leverage in cryptocurrency trading is generally low, but the lesser leverage means it will be ideal for the newbies. After all, leverage has the power to amplify your gains and if it breaks the other way, it might end up costing your whole account. Always stick with risk management basics and unless you have mathematical edge, it is not worth taking any trade.

Asset Class and Trading Conditions

CryptoGM offers the biggest asset class we have ever seen in a long time. All the instruments are traded against BTC and the list includes all of the major markets from US500 to Gold along with traditional forex pairs.

One thing is for sure, regardless of the kind of trader you are, this broker has something to offer to everyone in the crypto sphere. The only complaint we have is that, they have not specified the exact margin amount required to open a trading position.

Remember, the margin requirements changes constantly and it is very much needed to take pre calculated risks. So, get in touch with the support team to keep an eye on this matter and as long as there is constant communication, it shouldn’t be a big problem.

Deposits and Withdrawals

The minimum deposit and withdrawal amount is not specified on their platform. Payments methods used by them are major credit or debit cards and wire transfers. It would have been great if they also had online payment options like Skrill or Paypal as a major part of the population uses them.

Moreover, they have not stated the time required for them to process withdrawals as well. Generally the time required for wire transfers can go upto 14 days, but for the exact updates on the withdrawal, it is best to get in touch with their support team.

Domain Insight

Below are the demographics of this broker. Source – Alexa.com and Whois.com

Domain – cryptogm.com

Registered On – 10/10/2017

Expiry – 10/10/2019

Alexa Global Rank – 2,592,776

CryptoGM Review Conclusion

CryptoGM offers unique set of advantages along with some drawbacks to the clients. Most of the people who love cryptos would definitely love the option it provides. However, due to unavailability of semi-automated systems, it has a narrow audience.

On the flip side, since they are unregulated the safety of your funds is not up to the mark and we do not know if they have negative balance protection which is also an important aspect.

Ultimately, it all comes down to your preference, but if you have to stick with them, then test them out with minimum capital to see whether they meet your expectations.

Do you have any experience with CryptoGM? Feel free to share your opinion by leaving a comment below.

95 thoughts on “CryptoGM Review – Best Crypto Broker or Not?”

  1. I have been trading with CryptoGM for two months now, my account managers are Denis Petrov and Harvey King. I have been more than happy with their patience and advice and delighted with the returns on capital they have managed. I have only attempted one withdrawal to date and had no problems, the funds reaching my account in 3 days. I would highly recommend this company and thank my account managers for their guidance. They are also nice guys and a pleasure to do business with.

  2. I opened an account after seeing the huge potential of bitcoin. The beginning was very bad, I didn’t get a call and started worrying that I might have lost the money.As soon as they called me they explained that the market is currently in excellent shape and they are very busy right now. It turned out that bitcoin went up above 10,000 since the beginning of the year and they are getting high volume now. I am getting very helpful guidance right now and am thinking of a more serious investment. So far everything is fine, I will keep updating

    1. I recently opened an account and my account mamager has been rather patient with me being new to all of this. He guided me through the process and when some profits came in he had them sent to me the same day when I asked. So far the experience has been good and never had an issue getting in touch with them. Keep us updated with how you get on!

  3. I have started with the minimum to see how it goes. I made great profits and wanted to see how the withdrawal system works before investing seriously. £100 came in after 2 days as expected. I started with a trading package of £15,000 and already on 4% profits. Looking forward to see how the markets will go on February. January was amazing, and these guys are great to work with

    1. EC 35.657796 Short 35.970308 Buy -9.54%
        
      Account ManagerX
      Today at 7:17 AM
      You
      where should i make first move
      Today at 7:17 AM
      You
      i don’t 100% how this works..n
      Today at 7:17 AM
      You
      who should i invest in?!
      Today at 7:17 AM
      Account Manager
      Hey Theodora
      Today at 7:17 AM
      Account Manager
      Nice to hear from you. Sorry for the late reply. It will be great, to talk with you today so see you soon.
      Today at 7:17 AM
      You
      Hi there
      Today at 7:17 AM
      You
      can you confirm my money has been withdrawn please?
      Today at 7:17 AM
      You
      hello?
      Today at 7:17 AM
      Account Manager
      Hey Theodora
      Today at 7:17 AM
      You
      hey
      Today at 7:17 AM
      You
      can someone call me re withdrawal of funds
      Today at 7:17 AM
      Account Manager
      We are calling but the phone is not working
      Today at 7:17 AM
      You
      Can someone call from their mobile?
      Today at 7:17 AM
      You
      Where is Denis?
      Today at 7:17 AM
      Account Manager
      He will come back in few hours
      Today at 7:17 AM
      Account Manager
      Do you want me to tell Mr. Petrov to contact you?
      Today at 7:17 AM
      You
      Yes please. I’ve left several messages for him to do so
      Today at 7:17 AM
      Account Manager
      Ok no problem,
      Today at 7:17 AM
      Account Manager
      he had an emergency meeting in another department
      Today at 7:17 AM
      Account Manager
      that’s why
      Today at 7:17 AM
      Account Manager
      Ok i will let him know to contact with you as soon as possible
      Today at 7:17 AM
      You
      thanks
      Today at 7:17 AM
      You
      Denis please call me
      Today at 7:17 AM
      You
      denis can you call me please
      Today at 7:17 AM
      You
      ok. i am a publisher and will go viral with this company particularly Denis Petrov’s name
      Today at 7:17 AM
      Account Manager
      Hey Theodora, how are you? I tried to reach you few times but no luck! Please let me know what will be a good time to discuss your account with me. Regards, Denis Petrov
      Today at 7:17 AM
      Account Manager
      Hey Theodora, As i said i was on an emergency meeting and I asked the accounting to help you. She told me that the money has been sent to you Let me know when you got it to feel well for you! Kind regards
      Today at 7:17 AM
      Account Manager
      My assistant told me that you called and asked a call from me, i tried a few times even now no luck.
      Today at 7:17 AM
      Account Manager
      And also she tried to reach you to tell you that the withdrawal is in process
      Today at 7:17 AM
      Account Manager
      so please check the connection of your phone
      Today at 7:17 AM
      You
      thanks
      Today at 7:17 AM
      Account Manager
      hey can you talk now?
      Today at 7:17 AM
      Account Manager
      it is me calling
      Today at 7:17 AM
      You
      can talk tomorrow
      Today at 7:17 AM
      Account Manager
      Hey Dora
      Today at 7:17 AM
      Account Manager
      All good now got the money back?
      Today at 7:17 AM
      You
      received only £464?
      Today at 7:17 AM
      Account Manager
      600 usd was send to you that is in GBP 464
      Today at 7:17 AM
      Account Manager
      So all good as i see
      Today at 7:17 AM
      Account Manager
      happy for you 😉
      Today at 7:17 AM
      You
      and there is none left i see?
      Today at 7:17 AM
      You
      where has it gone?
      Today at 7:17 AM
      Account Manager
      what you mean?
      Today at 7:17 AM
      You
      hi there pls can i get a call back on monday re my balance
      Today at 7:17 AM
      Account Manager
      ok
      Today at 7:17 AM
      You
      Hi Denis/Dom I don’t want a disagreement. I just want the balance which in trade at the moment to show at least some funds in the available column. Denis you are very good at extracting money so I trust that with my little investment of 884 you can make that work into available funds in a couple of weeks? Thank you. Dora
      Today at 7:17 AM
      Account Manager
      It depends on the market so let’s see what will happen….
      Today at 7:17 AM
      You
      glad i didn’t take your advice and invest more!
      Today at 7:17 AM
      You
      or tell my friends to invest
      Today at 7:17 AM
      You
      oh well, something to put in the magazine this month on what to avoid
      Today at 7:17 AM
      Account Manager
      I was calling and calling you no Luck send you also email you didn’t reply
      Today at 7:17 AM
      You
      no missed calls. will check email now
      Today at 7:17 AM
      You
      and no email
      Today at 7:17 AM
      You
      i m at work now. 4pm I finish
      Today at 7:18 AM
      You
      so i didn’t make money i lost it.
      Today at 7:19 AM
      You
      Ok so this whole message will be going viral

  4. Just signed up with them and decided it wasn’t for me and requested to withdraw my funds. I called them on the number their agent used to call me initially. I was then told he was in ‘a meeting’ and he would call me in an hour. I knew that was a lie, so I cut off and called back 30 minutes later and asked to speak to him directly, only to be told he will call me in two hours. I wasn’t about to be given the run around as they said I had to speak to him first before he could issue my refund. So I demanded to speak to someone else, who miraculously said she could issue the refund. I checked my internet banking and called my bank to confirm that the money wasn’t taken out and they cancelled the transaction. She seemed rather annoyed that I was phoning to ask for my money back but just be persistent and you can get your money back.

    1. It is disappointing to see how you are trying to put a bad review. There are many times I called and my account manager was in a meeting. He called me back once he got free. You called and got an answer, you didn’t wait and got an answer again. That’s amazing, there is always a representative that will take our calls. You don’t need to be persistent, just open a withdrawal request and send them an email if you want, just to follow up. Had to reply to this review, upsets me

  5. Very good people, working with them for a couple of months now and doing pretty well.
    My account manager is calling once a week or two and tells me what’s the status of my investment.
    Great company.

  6. Dermot Finnegan

    I DEPOSITED £200 WITH THEM, LOST MOST OF IT ENDED UP WITH $60 HEARD NOTHING FROM THEM FOR A COUPLE OF WEEKS UNTIN kEN RANG ME AND GOT THE ACCOUNT UP TO $107, THEN HE PRESSURED ME TO INVEST £3000, WHEN i REFUSED HE SAID GOODBYE, HAVENT HEARD FROM THEM AGAIN, AND CANT WITHDRAW THE $107. KEEP AWAY FROM THEM

  7. Thanks to cryptogm I’ve bought my Xmas gifts with the profits I’ve withdrawn recently. I wish that 2020 will be at least the same as 2019 with them. Happy New Year

  8. The mobile platform is a user friendly. I am pleased to say I am happy with the service I get with my assistant.
    All of my deposits and withdrawals are done through the bitcoin wallet without any issues. The only thing that bothers is the procedure, but it goes away after the great results I achieve in my account
    I read the negative reviews and I have to say, the best way to communicate with an online service provider, I think with any online business, is through the email. I managed to reach them by phone many times, but still prefer to send an email as I know it has a record.
    Definitely legit company with legit and genuine people

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