Crystal Ball Markets

Disclaimer:The information provided on this site should not be distributed or used by any individual in any country or jurisdiction where such distribution would violate local laws or regulations.

Popularity popular broker
Leverage 1:500
Minimum Deposit $100
Regulation ASIC, CySEC, BaFin, MAS, VFSC, CIMA, SCA, CNMV, FCA, FSCA, BVI FSC, FSA, FSCM, CMA, NFA, CFTC, FINRA, JFSA, IIROC, AFM, CONSOB, SEBI.
Payment Methods Bank Transfer, Credit Card, PayPal, Skrill, Neteller, Crypto
Trading Assets Forex, Stocks, Indices, Commodities, Cryptocurrencies
MT4
MT5
Spreads Extremely low
Average cost: EUR/USD 0.1 pips
Demo Account
Islamic Account
MAM
PAMM
Copy Trading
ZuluTrade
Scalping Yes
Signals
EA/Robots Available
Negative Balance Protection Yes
Deposit Fee
Withdrawal Fee
Inactivity Fee $10/month after 6 months of inactivity
Year Established 2015
Address 123 Finance Street, Suite 101, London, UK
Contact Information Email: [email protected]
Phone: +44 20 7946 0321
Mobile Trading APP
Rating ★★★★☆ 4.3
Website

Pros and Cons

Pros
  • Highly regulated across multiple jurisdictions
  • Extremely low spreads
  • Wide range of trading assets
  • User-friendly mobile app
  • Excellent customer support
Cons
  • Inactivity fee after 6 months
  • ZuluTrade not supported
  • Withdrawal process can be slow
  • Limited bonus offerings
  • Scalping may not be suitable for beginners

Introduction 

Crystal Ball Markets is a leading online brokerage firm that provides access to a wide range of financial markets, including forex, stocks, indices, commodities, and cryptocurrencies.

Established in 2015, the company has grown to become a popular choice among investors for its competitive trading conditions, advanced platforms, and excellent customer service.

This review aims to provide a comprehensive overview of the broker, highlighting its key features, trading conditions, and overall user experience.

Open a free account

Regulation and Security

One of the primary concerns for any investor is the security and regulation of their chosen broker.

The company is regulated by multiple reputable authorities, ensuring adherence to strict financial standards and practices.

This multi-jurisdictional regulation provides a secure trading environment for clients.

Regulatory Bodies

  • ASIC (Australian Securities and Investments Commission)
  • CySEC (Cyprus Securities and Exchange Commission)
  • BaFin (Federal Financial Supervisory Authority, Germany)
  • FCA (Financial Conduct Authority, UK)

The stringent oversight from these regulatory bodies ensures that the broker operates with transparency and integrity, safeguarding funds and maintaining fair trading practices.

Investors can have peace of mind knowing their capital is protected under the highest regulatory standards.

Trading Platforms

Crystal Ball Markets offers 3 trading platforms to cater to the diverse needs of its clients.

These platforms are designed to provide a seamless trading experience, whether you are a novice or an experienced investor.

MetaTrader 4 (MT4)

MT4 is one of the most popular trading platforms in the world, known for its user-friendly interface, advanced charting tools, and automated trading capabilities through Expert Advisors (EA).

The firm supports MT4, providing a reliable and efficient trading environment.

Feature Description
Interface User-friendly and customizable
Charting Tools Advanced technical analysis tools
Automated Trading Supports EAs for automated trading
Order Types Multiple order types including market, limit, and stop orders

MetaTrader 5 (MT5)

MT5 is an upgraded version of MT4, offering additional features such as improved charting tools, more timeframes, and an economic calendar.

It also supports MT5, allowing users to take advantage of its advanced functionalities.

Feature Description
Timeframes More timeframes compared to MT4
Economic Calendar Integrated economic calendar
Charting Tools Enhanced charting capabilities
Order Types Includes all MT4 order types plus more

Mobile Trading

For those who prefer trading on the go, CrystalBallMarkets offers mobile trading apps available on both the Apple App Store and Google Play Store.

These apps provide full access to your trading account, enabling you to monitor and execute trades from anywhere.

The mobile apps are designed to be user-friendly and provide a seamless trading experience, even when you are away from your desktop.

Account Types

This broker provides 4 account types to suit different investment strategies and preferences.

Each account type offers distinct features and benefits, ensuring that clients can choose the one that best fits their trading needs.

Standard Account

The Standard Account is ideal for beginners and offers competitive spreads, no commission fees, and access to all trading instruments.

The minimum deposit requirement for this account is $100, making it accessible to most investors.

Feature Description
Minimum Deposit $100
Spreads Competitive spreads
Commission No commission fees
Instruments Access to all trading instruments

Professional Account

Designed for experienced investors, the Professional Account offers lower spreads and higher leverage options.

This account type requires a higher minimum deposit and is suited for those who trade in larger volumes.

Feature Description
Minimum Deposit $10,000
Spreads Lower spreads
Leverage Higher leverage options
Commission Minimal commissions

Islamic Account

Crystal Ball Markets also offers an Islamic Account that complies with Sharia law.

This account type does not charge swap fees, making it suitable for those who follow Islamic finance principles.

Feature Description
Swap-Free No swap fees
Spreads Competitive spreads
Access Access to all trading instruments
Open a demo account

Trading Conditions

Crystal Ball Markets is known for its favorable trading conditions, which include tight spreads, low commission fees, and fast execution speeds.

These conditions are designed to enhance the trading experience and maximize potential profits.

Spreads and Commissions

It also offers extremely low spreads, starting from 0.1 pips on major currency pairs.

The broker also provides commission-free trading on its Standard Account, while the Professional Account charges minimal commissions.

This competitive pricing structure ensures that clients can trade cost-effectively.

Account Type Spreads Commissions
Standard From 0.1 pips No commissions
Professional Lower spreads Minimal commissions

Leverage

Leverage is a crucial aspect of trading that allows investors to control larger positions with a smaller amount of capital.

CrystalBallMarkets offers leverage up to 1:500, providing clients with the flexibility to maximize their trading potential.

However, it is important to use leverage responsibly, as it can amplify both profits and losses.

Order Execution

Fast and reliable order execution is essential for successful trading.

The broker uses advanced technology to ensure that orders are executed quickly and accurately, minimizing the risk of slippage and maximizing the chances of profitable trades.

The broker’s platforms are equipped with low-latency infrastructure, ensuring that clients can take advantage of market opportunities as they arise.

Payment Methods

Crystal Ball Markets supports more than 10 payment methods to facilitate easy deposits and withdrawals.

These methods include traditional options like bank transfers and credit cards, as well as modern alternatives like e-wallets and cryptocurrencies.

Available Payment Methods

  • Bank Transfer
  • Credit Card (Visa, MasterCard)
  • PayPal
  • Skrill
  • Neteller
  • Cryptocurrencies (Bitcoin, Ethereum, etc.)

Deposit and Withdrawal Fees

Crystal Ball Markets does not charge any fees for deposits or withdrawals, making it cost-effective for clients to transfer funds.

However, it is essential to check with your payment provider for any third-party fees that may apply.

Payment Method Deposit Fee Withdrawal Fee
Bank Transfer None None
Credit Card None None
PayPal None None
Skrill None None
Neteller None None
Cryptocurrencies None None

Customer Support

Effective customer support is crucial for a positive trading experience.

Crystal Ball Markets offers a dedicated support team available 24/5 to assist clients with any queries or issues they may encounter.

Support Channels

  • Email: [email protected]
  • Phone: +44 20 7946 0321
  • Live Chat: Available on the official website

Clients can expect prompt and professional assistance from the support team.

The company is known for its responsive customer attention, ensuring that any issues are resolved quickly and efficiently.

Whether you have a technical question, need help with your account, or require assistance with a trade, the support team is always ready to help.

Education and Resources

The company is committed to helping its clients strengthen their trading skills and knowledge and offers a range of educational resources and tools to support this goal.

Educational Resources

  • Webinars: Regular live webinars on various trading topics
  • Trading Guides: Comprehensive guides on forex, stocks, and other instruments
  • Video Tutorials: Step-by-step videos covering platform usage and trading strategies
  • Market Analysis: Daily and weekly market analysis reports

Tools and Features

  • Economic Calendar: Keep track of important economic events
  • Trading Calculators: Calculate pip values, margins, and position sizes
  • Autochartist: Advanced technical analysis tool

These educational resources and tools are designed to help clients develop a more profound understanding of the markets and improve their trading performance.

Whether you are a beginner looking to learn the basics or an experienced trader seeking advanced strategies, Crystal Ball Markets has resources to support your growth.

Trading Instruments

Crystal Ball Markets provides access to a diverse range of trading instruments, allowing clients to diversify their portfolios and explore various markets.

Forex

Forex trading is one of the primary offerings and customers can trade a wide range of currency pairs, including major, minor, and exotic pairs.

The broker’s competitive spreads and high leverage make it an attractive option for forex traders.

Currency Pair Spread Leverage
EUR/USD From 0.1 pips Up to 1:500
GBP/USD From 0.2 pips Up to 1:500
USD/JPY From 0.1 pips Up to 1:500

Stocks

It also offers access to global stock markets, enabling the trading of shares of leading companies from the US, Europe, Asia, and more.

The broker provides real-time price quotes and advanced charting tools to help clients make informed trading decisions.

Market Example Stocks Trading Hours
US Apple, Microsoft, Amazon 09:30 – 16:00 EST
Europe Volkswagen, Siemens, BNP Paribas 09:00 – 17:30 CET
Asia Toyota, Samsung, Alibaba 09:00 – 15:00 JST

Indices

Trading indices is a popular way to gain exposure to broader market movements.

Crystal Ball Markets allows anybody to trade major indices such as the S&P 500, NASDAQ, DAX, and FTSE 100.

These indices can be traded with competitive spreads and leverage.

Index Spread Leverage
S&P 500 From 0.5 points Up to 1:200
NASDAQ From 1 point Up to 1:200
DAX From 0.8 points Up to 1:200

Commodities

Clients can also trade more than 10 commodities, including precious metals like gold and silver, as well as energy products like oil and natural gas.

Trading commodities provides opportunities to diversify and hedge against market volatility.

Commodity Spread Leverage
Gold From 0.3 points Up to 1:100
Silver From 0.03 points Up to 1:100
Oil From 0.04 points Up to 1:100

Cryptocurrencies

With the growing popularity of digital currencies, it also offers trading on several cryptocurrencies, including Bitcoin, Ethereum, Litecoin, and Ripple.

The broker’s platform provides advanced tools and high liquidity for crypto trading.

Cryptocurrency Spread Leverage
Bitcoin From $10 Up to 1:10
Ethereum From $5 Up to 1:10
Litecoin From $2 Up to 1:10

Additional Features

Crystal Ball Markets offers several additional features that enhance the trading experience for its clients.

Copy Trading

Copy trading allows replicating the trades of successful traders automatically.

This feature is ideal for those who may not have the time or expertise to trade independently but still want to participate in the markets.

Negative Balance Protection

The company provides negative balance protection, ensuring that users cannot lose more than their account balance.

This feature is crucial for managing risk and protecting investors from significant losses.

Automated Trading

The broker supports the use of Expert Advisors (EA) and trading robots on both MT4 and MT5 platforms.

This allows clients to automate their trading strategies and execute trades without manual intervention.

Automated trading can be particularly beneficial for those who want to take advantage of market opportunities around the clock.

Research and Analysis

In addition to its educational resources, Crystal Ball Markets offers tons of research and analysis tools to help clients stay informed about market trends and make better trading decisions.

Market News

Crystal Ball Markets provides up-to-date market news from leading financial news sources.

This ensures that clients have access to the latest information on economic events, market movements, and trading opportunities.

Technical Analysis

The broker offers detailed technical analysis reports, including chart patterns, technical indicators, and trend analysis.

These reports can help clients identify potential trading opportunities and make more informed decisions.

Fundamental Analysis

Fundamental analysis reports provide insights into the underlying economic factors that affect market movements.

These reports cover key economic indicators, company earnings, and geopolitical events that can impact the markets.

User Experience

This firm places a strong emphasis on providing an excellent user experience.

From the intuitive design of its trading platforms to the quality of its support, the broker strives to ensure that clients have a seamless and enjoyable trading experience.

Platform Usability

The MT4 and MT5 platforms are known for their user-friendly interfaces and advanced functionalities.

Both platforms are customizable, allowing traders to tailor the trading environment to their preferences.

The mobile trading apps are also designed to be intuitive and easy to use, providing full functionality for trading on the go.

Customer Support Quality

Customer support is available 24/5, ensuring that clients can get assistance whenever they need it.

The support team is known for being responsive, professional, and knowledgeable.

Whether you need help with technical difficulties, account management, or trading queries, the support team is always ready to assist.

Account Management

Managing your account is straightforward and hassle-free.

The broker provides a secure portal where you can manage your funds, update your personal information, and access trading resources.

The deposit and withdrawal process is smooth and efficient, with multiple payment options available to suit your needs.

Conclusion

Crystal Ball Markets is a well-regulated and reputable broker that offers a comprehensive range of trading services.

With its competitive trading conditions, advanced platforms, and excellent customer support, it is an excellent choice for both novice and experienced investors.

The broker’s commitment to security, education, and customer satisfaction makes it a standout option in the crowded brokerage industry.

Key Highlights

  • Highly regulated by multiple authorities
  • Extremely low spreads and competitive pricing
  • Advanced trading platforms (MT4 and MT5)
  • Diverse range of trading instruments
  • Comprehensive educational resources
  • Excellent customer support
  • User-friendly mobile trading apps
  • Robust security measures

Whether you are looking to trade forex, stocks, commodities, or cryptocurrencies, Crystal Ball Markets provides a reliable and user-friendly platform to meet your trading needs.

With its robust security measures and regulatory oversight, you can trade with confidence knowing that your investments are in safe hands.

Visit official website:  www.crystalballmarkets.com

Last update:July 15, 2024

User Reviews

“I’ve been trading with them for over a year now, and I have to say their platform is one of the best I’ve used. The spreads are super low and the execution speed is excellent. Their customer support is very responsive and helpful whenever I’ve had queries. Definitely recommend them to anyone looking for a reliable broker.”
Emily Smith
“Crystal Ball Markets has a great selection of trading assets and their mobile app is really user-friendly. I can trade on the go without any issues. However, I wish they offered more bonus promotions. Overall, I’m quite satisfied with their service.”
John Doe
“I’ve had a good experience so far. Their spreads are extremely low, which is great for my trading strategy. The only downside is that the withdrawal process can sometimes be slow. But their support is always there to assist, which is a big plus.”
Sophia Lee
“Trading with Crystal Ball Markets has been a smooth experience. They offer a wide range of assets and the platform is very intuitive. I particularly like their demo account feature, which helped me get started without any risk. The inactivity fee is a bit of a drawback but manageable.”
Michael Brown
“This broker provides excellent trading conditions and their customer attention service is top-notch. I’ve never had any issues with deposits or withdrawals. The platform is stable, and the mobile app is a lifesaver. Highly recommend them.”
Jessica White

Frequently Asked Questions (FAQ)

Is Crystal Ball Markets regulated?

Yes, the company is regulated by multiple authorities including ASIC, CySEC, and FCA among others.

What is the minimum deposit required to start trading?

The minimum deposit required to start trading with is $100.

Does it offer a demo account?

Yes, Crystal Ball Markets offers a demo account for new traders to practice and get familiar with the platform.

What trading platforms does it support?

This broker supports both MetaTrader 4 (MT4) and MetaTrader 5 (MT5) trading platforms.

Are there any fees for deposits and withdrawals?

Crystal Ball Markets does not charge any fees for deposits or withdrawals.

Does it offer an Islamic account?

Yes, this broker offers an Islamic account option for traders.

Can I use automated trading?

Yes, CrystalBallMarkets supports the use of EAs (Expert Advisors) and trading robots.

Resources

      Our experts

      This article has been written, edited and reviewed by the following members of our team:

      feng-zhou-foxtrade

      Feng Zhou

      Feng Zhou, a seasoned author and financial expert, boasts a diverse portfolio of articles recognized by prestigious publications such as Bloomberg, Global Asia, and BizLeaders. Graduating from the University of Hong Kong marked the inception of Mr. Zhou's journey into the financial sector. Initially delving into financial statement audits for both publicly traded and privately held clients, he honed his skills before furthering his education at Hong Kong Polytechnic University. During his tenure, Feng Zhou contributed significantly to the valuation of privately held businesses, engaged in forensic accounting, and provided litigation-related services. His professional trajectory also includes valuable experience at Nezu Asia Capital Management, a prominent hedge fund giant. Demonstrating entrepreneurial spirit, Feng Zhou founded a financial asset management company and frequently shares his expertise as a guest lecturer at various Chinese MBA programs. His prolific writing extends beyond traditional platforms, with articles featured in a range of industry events and publications, including FoxTrade, The MoneyShow, London Summit, and iFX EXPO. With a keen eye for market trends and a wealth of experience, Feng Zhou continues to be a prominent voice in the financial landscape.

      sandro-pontedra-foxtrade

      Sandro Pontedra

      Sandro Pontedra is the mastermind behind the insightful financial analysis and educational content that FoxTrade readers have come to rely on. With a rich academic background from Università di Bologna and the University of Milan, Sandro has built a career that spans across private wealth management and financial analysis, culminating in his role as Chief Accounting Officer for a prominent firm. An avid trader with over a decade of experience in the markets, Sandro combines his hands-on trading knowledge with a keen analytical mind, offering FoxTrade readers a unique blend of practical advice and in-depth market insights. His work, recognized by major financial publications, reflects his passion for finance and commitment to demystifying complex financial concepts. Sandro is dedicated to empowering readers with the knowledge and tools needed to navigate the financial markets confidently. Whether you're a seasoned investor or new to trading, his articles provide valuable insights into investment strategies, market analysis, and the future of finance and technology.

      stephane-dubois-foxtrade

      Stephane Dubois

      Stephane Dubois stands at the forefront of financial analysis and industry expertise, driving innovation and insight across global markets. With a diverse academic background in International Relations and World Economy, coupled with practical experience spanning government projects and private sector endeavors across five continents, Stephane brings a wealth of knowledge and perspective to his role. As a senior editor at FoxTrade, Stephane oversees the publication of insightful content, ensuring that readers receive accurate and timely analysis to navigate the complexities of the financial world. His leadership and editorial guidance have been instrumental in shaping the platform into a trusted source of information for investors and traders alike. Beyond his editorial responsibilities, Stephane is revered as a leading analyst in the online broker industry. His insights have been instrumental in shaping strategies and decision-making for executives worldwide. Stephane's expertise isn't confined to the boardroom; he is also an esteemed business school professor, with an MBA from Columbia University and prior experience at Goldman Sachs. Stephane's impact extends beyond the confines of academia and corporate settings. He has spoken and moderated panels at prestigious events globally, earning citations from esteemed publications such as Finance Monthly, The Journal of Finance, and Financial Analysts Journal. His contributions to industry discussions cover a wide array of topics, from forex strategies to stock market catalysts, earning him recognition as a thought leader in the financial world.

      Last update:July 15, 2024