How We Rank
Our goal is to keep investors from misleading information that fills the platforms and exchanges that provide the ability to trade online. Especially when it comes to cryptocurrency trading, it is of the utmost importance to have a safe partner.
We strive to provide you with honest and unbiased information, and be upfront with our readers. All so that you can make informed decisions. For that purpose, we developed a strict method of ranking the systems we present you with. It includes the following stages:
- Collecting Relevant Data
- Ranking Methodology
- Exposing Scam
How Do We Collect Data?
Our team of traders and beta-testers scour both manually and with web-crawling tools dozens of platforms each day. We collect all available information about operational processes, origins, and user-generated information, as well as complaints and alerts about scams.
To prevent manipulation on part of dishonest trading providers, we do not disclose all of the elements we evaluate to rank a system or a platform. Here are some of the main points we consider:
Security: the platforms should be well-guarded through certificates and multiple levels of user-protection, including but not limited to applying KYC and Anti-Money Laundering policies.
Financial Operations: first and foremost, users need to have a choice for the methods they can use to deposit funds into their accounts, they need to be legit, safe, and reliable. Second, withdrawals need to happen swiftly, with no hassles, and in the span of max 5 business days.
Customer Support: one of the most important elements of a safe experience on any trading platform. The customer support team needs to be highly responsive, knowledgeable, and always ready to assist you to the best of their abilities.
Minimum Deposit: there is a well-known industry standard. If a system or a platform strays from it, we investigate further to determine if this is reasonable or scam.
Investment Opportunities: good platforms need to provide a significant number of investment options so that traders can trade freely with no troubles and limitations.
Popular Opinion: the aforementioned user-generated content is a good indication of whether users have had a profitable experience with a system or it had turned out to be a scam. We highly value feedback and take it under serious consideration.
Dozens of platforms get released monthly offering amazing results and responsiveness, and opportunities to trade assets and cryptocurrencies. As expected, most of them turn out to be a scam but before getting exposed they still manage to deceive unsuspecting traders.
Our team resorts to well-known practices, including becoming mystery clients to see how the trading software works. We compare data from the biggest exchanges to see if the trading platforms use authentic data. This is one of the key moments that let us on the truth whether a platform is a scam or not.
Promotions are one of the easiest ways to entice you into opening an account with a certain platform. Our team carefully examines offered promotions to see if they are authentic or just baits for sign up. Promotions that create false expectations or do not reveal enough about the terms and conditions for participating in one are a clear sign that something is not right with the platform.
A Message to Trading Providers
Users matter. Whether or not it comes to a big investment platform or a newly released one, operations need to be carried out with the user in mind.
We hope that fewer developers will try and swindle aspiring investors and we’ve taken it upon ourselves to moderate platforms’ conduct in that department. Any and every scam platform and system will be exposed.
A Message to Traders
Keep a cool head. Online trading is a lucrative endeavor, but it also comes with risks and volatility. For your benefit, do your research before rushing in for the big profits. Choosing the right platform will make the difference between profiting and losing your money to a scam.
Voice your concerns and report on scam platforms so that they can be investigated and you and your fellow traders can stay safe.