Crystal Ball market app (MT7) is super easy to use and has a nice interface. Will start using this week and hoping for good withdrawal week ahead!
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I made my initial deposit of 50$ and placed trade, so i want to withdraw my initial 50$ and it is still in the account. They are not sending me my deposit amount by saying adress not matched. I made d... See more
Company replied
Approaching a new broker and an unfamiliar trading platform like M17 raised doubts in my mind.Uncommon tools can sometimes lead to glitches due to their novelty. However, my experience has been a ple... See more
I see most brokers offer a minimum size of 0.01. suprised to find this one that offers 0.0001 lot which helped me to started off small, managing risks effectively. The accessible $50 minimum starting... See more
Company details
Written by the company
Crystal Ball Markets provides an online platform for traders to trade Currencies, Agricultural Commodities, Metals, Energy, Stocks/ Shares, Indices, Cryptocurrencies and Options. We provide you with the best trading conditions to succeed, so we can earn spreads/commissions in the process (as applicable to your type of account).
Contact info
St. Vincent & Grenadines
- +441244941257
- support@crystalballmarkets.com
- crystalballmarkets.com
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I try to register Crystal Ball Markets…
I try to register Crystal Ball Markets to get a lot of NDB, hopefully profitable
Crystal ball markets review
Crystal ball markets is a rare kind of broker with the interest of it's customers.
First impressions
Their crypto ball trading app is nice though, easy to get familiar with but their margin requirement seems to be too high
Broker Crystal Ball Markets
Crystal Ball Markets, a broker that offers a Micro account type for beginner traders, also has its own intuitive and easy-to-use app called MT7 on the Play Store.
These brokers are an excellent choice…
These brokers are an excellent choice for traders of all levels, from beginners to experts. Their customer service is prompt and available 24/7, and withdrawals are seamless—offering everything a trader could want
Easy to use
App friendly, very easy to understand and use,very smooth so far
Crystalballs
Came across this broker so far so good, great trading platform, swift support but am yet to try how swift their withdrawals are . Gave a four rating i have to improve due to support from their discord
The spread is tight and the withdrawals…
The spread is tight and the withdrawals are very fast
Great so far!
The platform is easier to use than MT5 - really enjoying. Just going through veri for withdrawal today, but certainly positive experience so far. Thank you!
No problem with Spreads
I'll be frank, I am trading a big account and I have no fear when it comes to spreads. I am a swing trader and as a swing trader, I prioritize assessing market trends over longer periods, making timely entries and exits. CBM's spreads, while not always exactly zero as promised to scalpers on ecn account, remain competitive and dependable.
ECN is more suitable
I find the ECN account to be a better fit for my trading needs. While I initially started with the Micro Account due to its low $50 entry point, I soon realized that during volatile M5 trading, these floating spreads could change, impacting my precision and costs negatively.
The ECN account, despite sacrificing some leverage (1:500 compared to 1:1,000), offers spreads starting from 0 pips. The pairs with fixed spreads also aligns with my goal of minimizing trading costs and executing precise trades in fast-paced markets, making it a more suitable choice for me.
AI in trading is here to stay
I have personally used Crystalball Markets Broker and found the automation capabilities of their trading platform to be quite promising. Being able to write code to create custom indicators and bots which can then be used to analyze price data, monitor multiple markets simultaneously, and execute precise trades gave me a clear advantage. Additionally, their platform support for backtesting and strategy optimization allowed me to fine-tune my trading strategies algorithm, making them more adaptable to changing market conditions.
I have to say I like the innovation.
Trustworthy
I was unsure about joining Crystal Ball Markets because they were new to me and offer a different platform. However, I thought about the low fees on offer, which can be important when choosing a reliable broker
Good brokers, like Crystal Ball Markets, try to keep spreads fair and transparent, even during market turbulence. Less trustworthy brokers can widen spreads by doing the opposite
I found that Crystal Ball Markets' commitment to reasonable spreads and fees made my trading experience less worrying and more profitable as it all adds up
Struggles and Thriumps
It hasn't been an easy road, I;ve blown multiple $50 on Micro Accounts due to high leverage and small capital, BUT when I switched to the Standard Account with a bit more capital cushion, It really helped
Drawdowns happened, but I learned to recover. Trading's a challenge, but with the right approach, there's potential for growth. Maybe CBM should consider reducing leverage from
1:1000 on beginer accounts. I hope they consider.
minimum transaction size of 0.0001 lot on their account
I see most brokers offer a minimum size of 0.01. suprised to find this one that offers 0.0001 lot which helped me to started off small, managing risks effectively. The accessible $50 minimum starting balance allowed me to dip my toes in. The STP business model gave me a sense of comfort in the execution of my trades, and the low spreads made scalping attactive as my preferred strategy perfectly. This unique tailored setup provided all the flexibility and tools ! needed to trade effectively
The delicate balance between R:R
One of the smartest decisions I made was automating my trading strategy and utilizing trading bots. CBM Broker allows me to easily write new JS code on their platform to create my own robots with my own rules.
I've always been on the lookout for the perfect balance between risk and reward and I will address the elephant in the room, -- The 1: 1000 Leverge– it is very high leverage. Trading in an environment with such potent leverage can be nerve-wracking, and it's crucial to proceed with caution. Which is why I use a robot.
I can see that they've managed to give traders like me the right tools to make the most of high leverage while also warning us of the risks of high leverage trading
Tried and Failed but will try again
Trying to experiment with crypto trading on CrystalBal Markets 50 dollar micro account didn't go well for me. These things changed in price too much and I'm new to this. I should've listened and practiced first on their MT7 demo platform using virtual money. In any case, I found that trading crypto was cheaper than elsewhere because the cost of spread was lower than other popular crypto exchanges, starting from zero. Even though I struggled with my results, I want to say that CrystalBal's platform was easy to use
Predictable Costs
I've had my fair share of experience with trading USDCHF and EUR crosses using floating spreads, just like the ones on CBM's micro account.
I think ,while there are definite advantages to this approach, such as accurate pricing during varying market conditions, I've come to realize that the unpredictable nature of floating spreads can pose a significant challenge to scalping as a trading strategy.
This is why I opt for fixed spread equivalent of each pair, so I know how much I'll actually pay for trading in advance. So, I need to be careful to match the right approach and weigh both the advantages and the risks when I'm trading pairs with fixed or floating spreads to make the right choice. Nothing against the broker.
Costs and Benefits
i liked that this broker has a swap free choice even though there is a tiny charge however the charge is really small, like 0.017% for USDZAR. Crystal ball broker is good for saving money specially for rare pair like USDZAR ,and that's why i like it.
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