Note: Cryphall is to operate via the website - https://cryphall.com/, which is currently not yet functional and no information about the company was immediately available. Therefore, we could only gather relevant information from the Internet to present a rough picture of this broker.
Risk Warning
Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.
General Information & Regulation
Cryphall presents itself as a multi-asset brokerage firm registered in Saint Vincent and the Grenadines, offering Forex and CFD investment services and dedicated to ethical trading practices with floating spreads on the web-based trading platforms.
As this brokerage's website cannot be accessed, we were unable to obtain further details about its trading assets, leverage, minimum deposit, etc.
As for regulation, it has been verified that Cryphall currently has no valid regulation. That is why its regulatory status on WikiFX is listed as “No License” and receives a relatively low score of 1.16/10. Please be aware of the risk.
Market Instruments
Cryphall advertises that it is a brokerage firm that mainly offers Forex and CFD trading.
Spreads
In the trading platform at Cryphall, we see a spread of 0.6 pips on the benchmark EUR/USD pair.
Trading Platform Available
Instead of the world's most advanced and popularly-used MT4 and MT5 platforms, Cryphall gives traders a web-based trading platform. Anyway, you had better choose brokers who offer the leading MT4 and MT5, which are highly praised by traders and brokers alike due to their ease of use and great functionality, offering top-notch charting and flexible customization options. They are especially popular for their automated trading bots, a.k.a. Expert Advisors.
Deposit & Withdrawal
Cryphall only accepts Bitcoin payments. And it doesnt reveal any information about the minimum deposit.
Bonuses & Fees
Cryphall says to give traders some bonus, however, the bonus can only be withdrawn while a minimum trading volume of bonus amount * 40 is executed.
The broker also charges a hefty fee of $30/€25 if you are allowed to withdraw money.
Customer Support
Cryphall‘s customer support can be reached by email: support@cryphall.com. Company address: Suite 305, Griffith Corporate Centre, Beachmont, Kingstown, Saint Vincent and Grenadines. However, this broker doesn’t disclose other more direct contact information like telephone numbers that most transparent brokers offer.
Pros & Cons
Frequently Asked Questions (FAQs)
