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. 
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.
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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.
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| Crypto Betting Platform (CFDs) |
| Best International Crypto Exchange - Buy/Sell BTC & other Cryptocurrencies |
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
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| Crypto Betting Platform (CFDs) |
| Best International Crypto Exchange - Buy/Sell BTC & other Cryptocurrencies |
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.
Very good experience with them so far. I have recently asked for the deposit of 250 as I wanted to get reassured before I go a head with a better portfolio and become a serious trade. Took 3 days and the process is very smooth and easy. I have came back and started seriously by purchasing 1 bitcoin, already improved 4% out of my portfolio. Definitely legit and great place to trade on this market
I have been dealing with cryptogm for about 4 months now.
I must admit that it took me a while before I really started to trust them.
3 weeks after I made the first 5k deposit they offered sending my initial deposit back plus the profits just to show me that the system does work as described.
Will highly recommend about this company, as today I can really see a change in my situation.
I started to trade a week ago with $500 and in few days made $213 profit.
Ask for the withdrawal and they guided me through the whole process via Local Bitcoin and my money was transferred to my bank account.
completely charming until suddenly your low risk money all goes and lovely denis gets sarcy. Take the to the press. Mediaweek. Global Media. As many contacts as I can utilise.
I started with this company about a year ago, they provide me a very good service
As one who came to this market with no knowledge or experience they offer a wide range of information on the Bitcoin and the crypto markets
I checked the system and all the withdrawals I made were paid off successfully.
My Senior Account Manager is Denis Petrov.
Highly recommend working with him.
You WILL get ripped off. Denis will go on about making x amount of profit that your bank wouldn’t have done for you but when you try and get your money back they don’t want to know. instead, they tey and get you to invest more. I wish Id listened to my gut instinct and nit invested more than my initial £200. I work on a magazine in London and trying to get a feature out on them on what a scam they are.
I got my money without any issue. Don’t know what you are talking about, it looks like you have spammed this place with many weird comments
I have better things to do than target a company for fun.
HI HIll, I am the same as your case and others. Initially, I went only with £250 and after a couple of days and having a few dollars of profits, I wanted to pull out as I was too stressed and worried about it as I looked them up a bit on the internet and found out they are not regulated and so many negative comments about them. whenever I wanted to withdraw my money they would call me and encourage me to stay saying that nothing is wrong and reassuring me that the negative comments coming from their competitors, So I stayed with them. late December they called me as I was having a bit of profit and they wanted me to invest them as a compound investment, so I did it. but then I was having losses on commissions and swaps and losses. Eventually, a couple of trades made some profits and I managed to recover some of the losses. After that, I wanted to withdraw as soon as possible as I didn’t have any trades open as I had closed them all and ready to withdraw, but Denis Petro immediately called me and told me that Bitcoin is rising and I need to buy to get at least double of my money in 2 weeks, I listened to him again and opened a few trades, I wish I didn’t. ..As soon as I opened the trades the commissions and swapes, that were going up every second, were eating my money..and no profits. All my money was going down with the swaps. In only 2 days all my money was gone by not only losses but mostly by the comissions and swaps although I had warned him to not give me high commissions and high swaps, he said that it is worth it because you will be having a lot of profit. Now when I email or call them , they don’t reply..
Please don’t trust them. Denis from the first day was asking me to recommend them to my friends and family, thank God I didn’t. They will keep asking you to put all the pennies you have, they would ask you even to get a loan from your bank to give it to them. I guess because I refused to do so they ate all my money as they need to get money from somewhere .. But I won’t let them rest like that, I am getting a lawyer and reporting it to anywhere that should hear that as much as possible, people need to know this. I feel being raped, I had worked very hard to save up some money as a deposit for a house, But they swallowed it very easily…It is hurting so much,.I haven’t been living since I started with them, I always wanted to withdraw my money but they talk to you in a way that you feel good a few moments but once the call is ended your doubts and your instinct scratch your heart. They are full of lies, poisonous. Be wary of them. Not only them but please do some research before pouring your money, your hours of hard work, your promises to your children, into the mouths of such people.
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
Hi
The same situation has happened to me, lost my savings, a lot of money. Totally gutted.
I want to go down the route of trying to get it back. Did you get a lawyer? Just be good to know.
Cheers
Helen
Exactly the same happened to me. Swaps and commissions eating away at your money and in no time it’s gone. Funny how the platform doesn’t tell you how much the daily swaps cost and they won’t tell you how much they are except for “it’s fine you will be making profits, trust me I won’tet you down!”. After my money was drained my account managers attitude was disgusting when he said “your money is gone forget about it that was yesterday! Invest more and we can recover your portfolio. Glad I told him no and ignored them since. I don’t know how these scum bags sleep at night.
Thanks for this, you have just confirmed what I was beginning to think. I took out the initial £200 3 or 4 weeks ago and the first week or so was ok. But they kept trying to get me to invest more and I refused. Then the market started to drop and every day it was what was lost not gained. Then they stopped calling and despite my sending numerous emails asking them to close the account and send any money left in the account they have not answered. Have not heard from them now for over 2 weeks.
I’m thinking about trying this out what would be the lowest amount to start with just to see how I go
can people not see it’s crypto who are replying and commenting good stuff?! Hang them out to dry. Total rip off. Denis put the phone down on me after me saying no to further investing until i saw a profit. nice man??