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CTmatador Review: Is CTmatador a fraud site? [2022]

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The goal of every trader is to make high returns on their investments without being defrauded of their hard-earned money. This brings investors to the question of whether CTmatador is a trusted platform or a scam? This review will focus on answering this question. Read on to find out.

CTmatador is a verified trading platform. Thus, it aims to achieve its goal through strict security compliance, improved technology, and top-notch customer support among other strategies.

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What activities do CTmatador carry out?

CTmatador is an online trading platform that trades numerous CFDs financial products like Forex, Indices, Commodities, Energy, but focuses more on Cryptocurrency.

Therefore their trading activities range from sharing crypto news (information) and seizing market opportunities in favor of their various clients.

CTmatador tradable exchanges include: Crypto vs Crypto, Crypto vs USDT, Indices vs BTC, Commodities vs BTC, Indices vs USDT, Commodities vs USDT, Stocks vs USDT, Stocks vs BTC, etc.

What currencies can investors trade on CTmatador?

The flexible nature of CTmatador enables them to offer different varieties of assets to clients. Assets such as BTC and other currencies such as ETH, XMR, LTC, ETC, XRP, BCH, XEM, and DASH.

They also trade in different types of Commodities, Stocks, and Indices.

CTmatador service and charges

CTmatador has superior technology capable of processing limitless orders per second and institutional liquidity feeds from leading exchanges on the market.

In line with the CTmatador rules, withdrawals must be processed through the same payment method. Such that additional fees and restrictions may apply when withdrawals are made using a different payment method or the receiving bank uses an intermediary bank to receive/send funds.

It’s worth noting that withdrawals incur handling fees. Furthermore, the withdrawal process may require traders to present additional information and documents as the case may be. This is usually clearly spelled out.

Prospects and considerations against CTmatador

Pros

  • Simple to use. The platform has easy accessibility. No downloads or installation is required.
  • Uses high technology and web-based platforms. This protects clients’ data and funds from scams involved in crypto trading.
  • Improved customer support such as free market research, advanced charting, and market analytics.
  • Swift execution of actions especially during times of high volatility.

Cons

  • Information on the CTmatador website is general and does not take into account individual clients’ circumstances.
  • Fewer markets and products are present on the CTmatador compared to other competitors’.

Comparing CTmatador with other trading platforms

The most unique feature of CTmatador is its smart customer service with unmatched positive energy. They exhibit a kind of proactiveness that cannot be obtained elsewhere.

Although there are fewer markets and products present on the CTmatador platform compared to competitor platforms like eToro, there is provision for extensive research and education, especially for new investors. This implies that new traders will focus on those currencies available on their platform.

FAQs

Q. Does CTmatador have a trading app?
A. The company only trades on its website for now.
Q. Is the company open to new traders?
A. CTmatador is open to both old and new traders. However, a trading coach is assigned to each trader immediately after they register to help them get accustomed to the trading nature of the market. This gives the platform an edge over other new platforms.

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