Frequently Asked Questions

A cryptocurrency (or crypto currency) is a digital asset designed to work as a medium of exchange that uses cryptography to secure its transactions, to control the creation of additional units, and to verify the transfer of assets. Cryptocurrencies are a type of digital currencies, alternative currencies and virtual currencies. Cryptocurrencies use decentralized control as opposed to centralized electronic money and central banking systems. The decentralized control of each cryptocurrency works through a blockchain, which is a public transaction database, functioning as a distributed ledger.
You can become a part of the company by creating an account from the registration page.
We take a number of precautionary measures to ensure that the personal details of our investors are held in absolute confidence and are securely stored so as not to be accessible by unauthorized persons.
There is no need to download something before you can start trading with Tower Trades. All you need to do is register and deposit funds into your account and you’ll be ready to trade.
Please email at support@towertrades.com to request closing of your account. You will receive a confirmation when this request will be completed.
If you need more detailed clarification, please contact our customer support for assistance.
For security reasons, identification of the person is required for all withdrawals, regardless of the withdrawal amount.
The funds will be available for trading immediately, once we receive a confirmation from payment system.
Minimum deposit is $1000 USD.
Trading commences on your account as soon as your account has been approved and funded.
To withdraw funds, please log into your account and make a withdrawal request. Our accounting department will receive your request and proceed within 1 business day. Up to the deposit amount, withdrawal will ALWAYS be sent back to the payment method used to fund the trading account. Please note, in order for a withdrawal request to be processed, your account must be fully verified.
No. You can withdraw any remaining balance in your account that is not currently being used to secure open trades, however, please note, if the requested amount is lower than the processing fee, we wont be able to proceed with the request.
Currencies that are traded against the US dollar are called Majors and make up the greatest number of foreign currency trades:
  • USD (US Dollar)
  • EUR (Euro)
  • GBP (British pound)
  • JPY (Japanese yen)
  • CHF (Swiss Franc)
  • AUD (Australian dollar)
  • CAD (Canadian dollar)