CrescoFX is a regulated boutique brokerage firm that has been offering forex and CFD trading services to private and institutional clients since 2011. They provide clients with cutting-edge platforms with a range of built-in tools to deliver effective multi-asset trading from a single account. CrescoFX offers forex, indices, metals, commodities, and cryptocurrency for online trading, with reliable execution and institutional liquidity with one-click trading through a personalized trading and investment environment.
CrescoFX Review Introduction
In this CrescoFX review, we will take a look at some of the most important factors worth considering when choosing a forex broker for your online trading needs. This includes trading platforms, trading tools, research and education, account funding options, customer support and broker regulation.
You may also wish to view my best forex brokers based on countless hours that I have spent researching and testing hundreds of brokers, all of which you can see in my forex broker reviews. You can also use my free trading tool to compare forex brokers including CrescoFX.
CrescoFX Platforms & Tools
The broker provides traders with the Cresco Trader and the MetaTrader 4 trading platforms. The Cresco Trader offers fully customizable layouts, advanced trading tools, and an award-winning charting system. The Cresco Trader’s features include:
- 100% automated execution with advanced order types and risk management
- Fully featured mobile trading apps for iOS and Android devices
- Live Economic Calendar
- Customizable Reuters News
- Performance and volatility filtering
- Execution alerts via web and mobile platforms, amongst other features
The MetaTrader 4 trading platform was designed by MetaQuotes Software Corporation. It has a vast array of built-in trading tools for analyzing financial markets. It supports automated trading through the use of Expert Advisors (EAs), and there are many additional add-ons available online to further improve the platform’s functionality. The MT4 can be downloaded for free directly from the MetaQuotes website. It is available as a desktop platform (Windows and Mac), web trading terminal that runs directly on most modern web browsers, and mobile trading app for iOS and Android devices. The mobile apps can be downloaded from the relevant app stores to enable traders to control their accounts and place trades while on the go, provided there is an internet connection.
CrescoFX Research & Education
The broker has a news feed on the website that is powered by Reuters.
CrescoFX Trading Accounts
The broker offers clients a variety of trading account types, namely: Personal, Joint, and Corporate accounts. The minimum deposits required to operate the trading account is $1,000, and the leverage can be up to 1:30. It has raw spreads starting from 0 pips, and there are commissions of about $6, depending on the account type.
There are demo accounts for traders who wish to try out the various trading platforms and strategies with virtual funds before opening a real live account.
CrescoFX Account Funding
The broker offers bank wire and credit/debit cards as available account funding and withdrawal methods. The transaction fees, limits, and processing time may vary with the payment method.
CrescoFX Customer Service
CrescoFX provides traders with a knowledgeable customer support team. They can be reached via UK telephone, email, and online chat.
CrescoFX is a brand name of Cresco Capital Markets (UK) Limited and part of the Cresco Group. Cresco Capital Markets (UK) Limited is authorized and regulated by the Financial Conduct Authority (FCA) in the United Kingdom with FRN 764353.
CrescoFX Review Summary
CrescoFX is a regulated boutique brokerage firm. They offer multiple trading instruments across different asset classes for trading online through advanced trading platforms with a range of built-in trading tools.
It is worth mentioning that some of the trading products and services in this CrescoFX review may differ or not be available to traders in some countries due to regulations. As brokers terms can change over time, please verify all information is up to date directly from the CrescoFX broker website which you can visit by using the link below.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. A large percentage of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.