broker review
Index-review.com Review
General Information
Index-review.com is a brokerage house with the primary goal of unleashing your trading potential through cutting-edge technological innovation and financial proficiency. Its vision is built on the foundation of mutual trust and that is why the brand offers full transparency in terms of its trading services.
To ensure an enhanced level of security, Index Review relies on the same encryption technology as international banks and major online retailers, with the sole goal of protecting funds and customer privacy. It keeps all funds into segregated accounts and ensures negative balance protection, considering it is regulated by the International Financial Services Commission since it was founded.
With a diversified asset coverage that includes FX, stocks, indices, commodities, and cryptocurrencies, trading at index-review.com means plenty of ways to get involved in the financial markets and find trading opportunities daily. Our focus will be mainly on its crypto offer and together we’ll try to see if it’s worth trading cryptocurrencies with this brand or not.
Services and Cryptocurrencies Supported
It should be clear from the start that Index Review offers online trading services and does not facilitate crypto exchange. This is a reputable brokerage house enabling people all over the world to take advantage of price movement across 1,000+ different assets.
The cryptocurrency instruments that are currently supported include Bitcoin, Ether, XRP, Litecoin, Dash, and Bitcoin Cash. These can be traded against fiat currencies such as USD, EUR, or AUD, and Bitcoin. In terms of maximum leverage, it can go as high as 1:20 if we talk about cryptocurrencies. Keep in mind that it is variable and not the same for all instruments currently part of the offer.
Trading crypto will be done via a proprietary WebTrader, integrating advanced charts and multiple other tools that have proven efficiency. Since it does not require any installation, Index Review made it possible to trade on any device with a simple login via its website.
Funding Methods and Trading Costs
If you want to make a deposit or request a withdrawal, the funding methods available are as follows:
- Credit/Debit card
- Bitcoin Transfer
- BPay
- Bank wire transfer.
The minimum deposit is $250, 215 euros, or 190 GBP, via either of the methods previously mentioned. To make a withdrawal, traders will need to verify their account first and then send a request that will be reviewed and processed by an Index Review representative.
Withdrawal fees are the following:
- Credit card – 0.3%, minimum fee $20, maximum fee $500
- Bitcoin – 1%, minimum fee $20, maximum fee $500
- Wire transfer – 0.3%, minimum fee $50, maximum fee $750.
Considering we’re talking about cryptocurrency trading, the main trading costs are the spreads and overnight swaps. Index Review does not charge any trading commission on the crypto instruments currently covered.
Other trading conditions will be influenced by the account type chosen. It’s worth mentioning that there are 6 different options currently available. Also, the IndexReview education resources are of great help in providing valuable insights into how people can trade effectively. With webinars, seminars, daily market reviews, and one-on-one trading trainers, mastering how to tackle the financial markets is convenient for a broader range of traders.
Customer Support
At index-review.com customers can keep close contact with the broker via live chat, phone, or email, all available on the brand’s website. The service is available in English only for now. On top of that, all registered customers will get assistance from an account manager.
Geographical Restrictions
The trading services offered by IndexReview are available for a global audience. However, the broker made it clear that traders living in some jurisdictions might not be able to open an account due to the local regulation prohibiting the provision of such services. As a result, each trader will need to check if it’s possible to trade with this provider.
Summary
Bitcoin had reached a new all-time high on December 1st and some of the largest cryptocurrencies had followed on the same path with impressive performances for the year. Considering it covers some of the most important crypto assets, index-review.com is well-positioned to satisfy online traders that would like to get involved in this rapidly-growing industry.
Thanks to compliance with regulation, diverse asset coverage, advanced trading technologies, and a customer-oriented approach, Index Review is a trading brand worth taking into account. After conducting an in-depth analysis of their services, we’ve concluded that this is a provider relying on the best trading practices.
Index-review.com Review
Product Name: Index-review.com
Product Description: Index-review.com is a brokerage house with the primary goal of unleashing your trading potential through cutting-edge technological innovation and financial proficiency. Its vision is built on the foundation of mutual trust and that is why the brand offers full transparency in terms of its trading services.
Brand: Index-review.com
Offer price: 250$
Currency: USD
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Services
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Trading Costs
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Customer Support
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Cryptocurrencies Supported
Summary
Index-review.com is a brokerage house with the primary goal of unleashing your trading potential through cutting-edge technological innovation and financial proficiency. Its vision is built on the foundation of mutual trust and that is why the brand offers full transparency in terms of its trading services.
Pros
- Coverage for some of the largest cryptocurrencies
- Competitive trading costs and fees
- Plenty of educational resources available for traders of different levels.
Cons
- No coverage for USDT-denominated crypto pairs
- Skrill or Neteller are not among the payment systems supported
- Customer support available in English only
