broker review
Falcon Broker Review – Is This CDI Broker Safe?
About Falcon Broker
Falcon Broker is a trading brokerage offering crypto-denominated instruments based on hundreds of assets. It caters to a broad range of traders, by creating a friendly environment where people with various levels of expertise can deploy their strategies.
The goal of our Falcon Broker review is to figure out whether you can trust the broker. Tokenized assets are relatively new and while interest in CDIs continues to go up, people want to make sure it’s a reliable alternative to traditional assets.
Crypto-Denominated Instruments
When holding an account with this broker you can access hundreds of CDIs. Even though the focus is on crypto, there are instruments based on FX, shares, indices and commodities as well. Basically, you are trading like with any regular brokerage, the only differences are that you deposit/withdraw crypto and all the assets on the platform are quoted in USDT.
It’s a relatively similar experience, but the goal is to create a framework for those who have cryptocurrencies and would like to use them as collateral for online trading. Falcon Broker facilitates that and promises advantageous conditions.
Accounts
Speaking of trading conditions, our Falcon Broker review wouldn’t be complete without an analysis of account types. The entry-level solution is the Academy Account, requiring a minimum deposit of 2,000 USDT. With this one, spreads start from 1.5 pips and depend on what instruments you want to trade.
A second option of choice is the Standard account, requiring a $10,000 USDT minimum deposit, but one with better terms. In this case, spreads start from 1.0 pips.
Moving on, the Falcon Trader account is meant for those interested in proprietary trading. Depending on trading performance, you could trade with company capital up to 500,000 USDT and earn up to 90% profit from trading.
The 4th account available is Falcon LP. This is designed for liquidity providers able to deposit at least 250,000 USDT. It’s possible to earn commissions and rebates on your own trading and also share part of the company profits if you are one of the most active LPs (liquidity providers).
Support
Anyone can contact Falcon Broker using two phone numbers and the email address provided by the company on its website. For registered accounts, there is technical support (Academy account holders) and premium support (Standard account holders).
The broker claims to be open to addressing any inquiry raised by customers or any other individual interested in CDI trading. Naturally, considering not all traders are yet aware of tokenized assets, questions do arise in terms of security, order execution speed and liquidity.
Bottom line
Falcon Broker is a genuine solution for crypto holders wanting to buy/sell hundreds of CDIs. It’s accessible to traders worldwide and promises advantageous trading terms. Moreover, the brand is licensed by FSA and regulated as an international brokerage and clearing house by M.I.S.A.
That should further reinforce trust and provide a safety net for people wanting to venture into the CDI space. Hopefully, our review managed to answer all your questions.