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This Crypto.com FX Trading review evaluates the crypto-focused platform’s expansion into leveraged forex and derivatives. While Crypto.com is best known for spot crypto trading and DeFi services, it now offers forex and CFD trading via a regulated derivatives portal, catering to advanced users seeking multi-asset exposure through a unified interface.
Regulation and Safety
Crypto.com operates under multiple regulatory frameworks depending on the product and region:
- Crypto.com Exchange: Operated by Foris DAX MT Ltd (Malta) and Foris DAX Asia Pte Ltd (Singapore)
- Crypto.com Derivatives (including FX): Offered via licensed entities in jurisdictions such as the Cayman Islands and the British Virgin Islands
- Crypto.com UK: Registered with the FCA as a cryptoasset business (Ref No. 928819)
Client protection varies by region. There is no FSCS or ICF coverage for FX derivatives. However, 2FA, cold wallet custody, and SOC 2 compliance are enforced across the ecosystem.
Execution Model and Trading Platforms
Crypto.com FX Trading uses a hybrid execution model combining internal liquidity aggregation and third-party routing. Platforms include:
- Crypto.com App – limited FX CFDs for retail users
- Crypto.com Exchange – browser-based terminal for derivatives
- Crypto.com Derivatives Portal – advanced interface with leverage and pro tools
FIX API access is available for institutional clients via OTC and derivatives desks. No VPS hosting is publicly offered.
Markets and Instruments
Forex access is limited compared to traditional brokers but includes major pairs and select minors via CFDs:
- Forex – EUR/USD, GBP/USD, USD/JPY, AUD/USD, USD/CHF
- Crypto CFDs – BTC/USD, ETH/USD, SOL/USD
- Commodities – Gold, Silver, Oil (limited availability)
- Indices – US100, SPX, UK100 (via futures-style contracts)
Total instrument count is below 100. All instruments are settled in stablecoins (e.g., USDC, USDT) or crypto where applicable.
Accounts, Spreads and Leverage
Crypto.com FX trading accounts are integrated within the main exchange or derivatives portal. Key details:
- No minimum deposit – users fund via crypto wallet
- Spreads: Variable, starting from ~1.2 pips (EUR/USD)
- Leverage: Up to 1:100 on major FX pairs (varies by KYC tier and jurisdiction)
- Commission-based pricing model for high-volume users
Account margin tiers and liquidation thresholds apply, with partial close-outs starting at 50% margin ratio.
Funding and Base Currencies
All funding is crypto-native. Supported deposit assets include:
- USDC, USDT, BTC, ETH, CRO
- Cross-chain support via Ethereum, Cronos, and others
Fiat on-ramps are available via card and bank transfer in supported regions. No base currency conversion fees apply for crypto-to-crypto trades. Withdrawals are processed within 1–3 hours on-chain.
Client Protections and Features
Although not a traditional broker, Crypto.com offers several safety features:
- 2FA and biometric login across all apps
- Cold storage and insurance on crypto deposits (up to $750M)
- Real-time liquidation monitoring and margin alerts
- Exchange holds SOC 2 Type 2 and ISO/IEC 27001 certifications
No investor compensation scheme applies to leveraged products. Users are responsible for managing risk via the in-app margin tracker.
Institutional and Retail Offering
Crypto.com FX trading supports:
- Retail: App-based FX CFDs with crypto deposits
- Professional: Derivatives exchange with API, margining, and stablecoin settlements
- Institutional: OTC desk, API trading, sub-accounts, and high-frequency trading features
White-label, FIX API, and tailored liquidity are available via Crypto.com Institutional.
Pros and Cons
Pros
- Unified crypto and FX trading ecosystem
- Supports crypto collateral and stablecoin settlement
- Up to 1:100 leverage for qualified traders
- Advanced derivatives portal for pro users
- API access and institutional-grade liquidity
Cons
- Not regulated as an FX broker in major jurisdictions
- No fiat base currencies or MT4/MT5 platforms
- Limited number of FX instruments
- No FSCS or traditional investor protections
Frequently Asked Questions
Is Crypto.com a regulated forex broker?
No, Crypto.com is not regulated as a traditional forex broker. FX derivatives are offered under offshore licenses via its crypto exchange entities.
What leverage does Crypto.com offer on forex?
Leverage of up to 1:100 is available on major forex pairs, depending on user verification and region.
Can I deposit fiat to trade FX on Crypto.com?
Fiat deposits are available in select regions, but most FX trading is funded via crypto or stablecoins like USDT or USDC.
Does Crypto.com support MetaTrader?
No, Crypto.com does not support MetaTrader platforms. All trading is done via its proprietary exchange and derivatives interfaces.
Is FX trading available to US users on Crypto.com?
No, leveraged FX and derivatives are not available to residents of the United States due to regulatory restrictions.