Crypto Dock Review Crypto Broker |

Introduction

crypto Dock is a crypto-first trading platform that takes traditional FX brokerage model to the next generation with cryptocurrency for deposit and trade settlement. This allows crypto Dock to offer higher leverage, a diverse array of trading instruments and operate without a need to verify the identity of traders account holders.

Crypto Dock is an offshore Forex broker who allows traders to deposit  via Bitcoin & Litecoin!  This allows crypto Dock to operate without a need to verify the identity of traders account holders. crypto Dock is an offshore forex broker where a trader can sign up and trade anonimously.

Since Bitcoin is pseudonymous (not 100% anonymous!!!), it is not obvious without great effort exactly who is the source of deposits and the recipient of withdrawals.

Crypto Dock Trading Account Types

crypto Dock provides one account type that is raw spread and commission trading for all trading pairs on their trading platform and allows hedging and scalping.

Traders can trade with up to:

• 100:1 leverage on cryptocurrency pairs such us BTC/USD
• 400:1 leverage on Forex.
• 400:1 leverage on Commodities and indices can be traded with 500:1 leverage.

crypto Dock features narrow spreads across all trading pairs, starting from 0 pips. The spreads are variable and fixed. 9 you havethe options to choose

All account types come with negative balance protection. Since Forex markets are not continuous, the price can fluctuate between the end of one session and the beginning of another. Therefore, it is possible to end up with a negative balance in your account.

Even if you have stop-losses set that would normally be triggered by a price move, if the market is not in session at that time, your stop-loss order will not be executed. In this case, the account balance is set to 0 and your negative balance will be wiped out.

In addition to the real accounts, crypto Dock also provides free demo accounts on their demo server. These demo accounts do not expire.

Crypto Dock- The Company

crypto Dock brokerage and is based in Saint Vincent and the Grenadines.

Many offshore forex brokerages are based there due to the simple and inexpensive registration process and hands-off approach taken by the regulatory agencies there.

Consequently, many regulations you may be familiar with in dealing with other Forex brokers do not apply to crypto Dock.

Whether this is a bad thing might be considered a matter of personal opinion.

Since all accounts are denominated in Bitcoin, and with cryptocurrency’s philosophical emphasis on decentralization, these issues will likely be less of a concern for those who trade with crypto Dock.

Security of Funds with Crypto-Dock

Since crypto Dock is operated by an IBC, safeguards such as keeping client funds in segregated accounts and keeping a minimum amount of capital on hand are not required to be implemented. Furthermore, if the company becomes insolvent, no plan is required to compensate clients.

The company reports that they use a proprietary solution to ensure the safety and security of clients’ bitcoins.

They claim to have 100% cold storage of their cryptocurrency assets. This eliminates the exposure of their cryptographic private keys from the internet.

No bitcoin withdrawals are automated and a process exists to manually review and process all bitcoin withdrawals to ensure that they are being routed correctly.

Clients can set up two-factor Authentication (2FA) by utilizing Google Authenticator in addition to their MetaTrader password.

Privacy & Anonymity

Since crypto Dock allows deposits in Bitcoin, this means that you can deposit money without the transaction being tied to your name.

No identify verification process is required to open an account. No KYC Required

User data is encrypted in Crypto Dock’s database.

Platform & Trading Conditions

crypto Dock supports  desktop, web and mobile versions of their trading platform

Everything you need to analyze the market, trade, or create and utilize Expert Advisors is all there. The Web Platform supports any browser or operating system (i.e., Windows, Linux, Mac) with no software download required.

MetaTrader Client Terminal is a Windows native application but can be run in Linux or Mac using WINE. E

crypto Dock leverages a worldwide network of multiple datacenters to ensure excellent connectivity in all regions of the world.

Crypto Docks’s execution model is STP, or Straight-Through Processing.

This model avoids the use of a dealing desk and directly sends your orders to liquidity providers. Crypto Dock support team is available through e-mail during Forex market hours.