CryptoLogicIQ does not disclose any information about the owner of the website, and its creation date is 2023. As for the domain, it was registered only on July 12, 2023, in the United States. In addition, the project has neither a legal address nor a license. Finally, according to the list of countries specified in the customer registration form, you can open an account on the site from almost any country. Despite the fact that CFD trading is prohibited in some jurisdictions, they are also on the list, for example, the USA.
Can this brokerage organization be trusted? How safe is it to trade here? We will try to answer all these questions after reviewing the site’s offerings, where we will learn about the terms of cooperation between the administration and clients.
Trading Conditions
CryptoLogicIQ gives you access to trading cryptocurrency assets. In addition, you can use stocks, currency pairs, and indices. The creators of the project receive your mobile number and email after sending a special form for client registration. Transactions are made through the MetaTrader 4 terminal.
There are 5 sections on the broker’s website:
- Trading Room, where you can see the state of the markets without registration.
- Trading platforms, the page contains photos of staff members and explains elementary concepts of the cryptosphere.
- Cryptoassets, this section indicates the number of traded digital coins, at the time of our research there were 35 of them.
- History, where the broker claims to be a leading global firm that provides clients with customized plans for successful trading on PCs and mobile devices.
- Help Center, the page lists the company’s email address and a form for online customer messages.
The CryptoLogicIQ website declares the possibility for traders to work with leverage, but it is not specified with what kind of leverage. The broker does not inform about the amount of the minimum deposit and types of accounts.
You will not be able to find out the text of the user agreement with the broker and the provisions on the protection of your personal data. Probably, all the information will be provided to you upon an individual request to the technical support.
The broker does not disclose information about how the deposit and withdrawal of funds in the account are carried out. The site does not provide training or analytical materials.
I recommend you to be as active as possible and study all CryptoLogicIQ offers yourself. For example, last week I got a prize of 125 USDT for participating in the promotion:). I also liked the lending system, you can borrow one type of cryptocurrency to trade with the collateral secured with your other digital coin. The commission percentages here are at an average level, if you have a need to exchange - it is quite possible to use the broker's service directly in your crypto wallet on the account. But if you use a certain new cryptocurrency on the site, you can sometimes get a commission discount of up to 100%! There is also VIP status, which gives big discounts, but I personally don't have such trading volumes. Still, I feel comfortable, even with a low deposit amount and with rare terminal crashes.