Broker Name: Bittradehouse
Broker Type: Forex & CFDs
Operating since year:
Broker status: Active
Email: [email protected]
Languages: German, English, 50+ others
The Trading platforms: Proprietary
Trading platform Time zone: /
Demo account: No
Mobile trading: Yes
Web-based trading: Yes
Other trading instruments: Yes
Minimum deposit: $250
Maximal leverage: 1:50
Spread: Floating From 0.0 Pips
Scalping allowed: Yes
Bittradehouse Review: Why is it a good choice?
Bittradehouse, with other fantastic chances, provides traders with a safe ECN trading environment. This gives traders the option to conduct all of their trades online. It provides traders with institutional-grade liquidity from the world’s biggest investment banks. You will be able to make the most use of your money with this Forex broker because of the incredibly tight spreads.
Despite being just a few years old, the Forex broker has already gained many traders’ trust. We have chosen to examine Bittradehouse and its services to comprehend better all this broker provides to its customers. Read our Bittradehouse review, then begin trading right away.
As for spreads, we could find a wealth of useful information on the platform, but an essential thing to note is that the spreads are narrow and provide a quick execution. Bittradehouse offers leverage up to 1:500. It’s encouraging that the forex broker Bittradehouse employs WebTrader. Customers may open one of three different types of accounts, each with a different minimum deposit requirement. For instance, you must deposit a minimum of $250 to open a basic silver account.
Our Bittradehouse review reveals that the broker is excellent and has a wide range of products. There are some fantastic promotional offers at Bittradehouse. Customer service is excellent. The spreads with these two brokers are fairly modest. Try out their demo account to see how quickly trades are executed. Both deposits and withdrawals happen quickly and smoothly. This broker is worth a try because they are very trader friendly.
Available Trading Instruments
As we’ve already mentioned, Bittradehouse is a really good broker. It provides access to a huge variety of trade assets, such as:
- Forex pairs
This business mostly specializes in forex trading. However, that shouldn’t be a surprise. The greatest financial market on the planet is forex trading. Every form of currency pair, including Majors, Minors, and Exotics, is accessible through this Forex broker.
Asset coverage is one of the standout advantages of cryptocurrency trading. Tens of well-liked tokens are available for purchase and sale, ensuring you are never exposed to a single coin. The broker has a flexible strategy and can expand the list of assets as new projects are released.
There are no trading commissions associated with them because they are cryptocurrency derivatives. If you keep deals open for less than a day, such products appeal financially. Overnight trades are subject to a swap charge.
Execution is in line with market norms, which is unquestionably positive news. Without delays or requotes, you must be able to enter and exit the market at the desired price. Without any exceptions, Bittradehouse ensured that this was achievable for all of its clients.
Trading Account Types
Opening an account with Bittradehouse is quick. Its accounts are up to date with industry standards and meet the demands of both experienced and novice traders. There are various types of accounts, including the following.
- Silver Account
- Gold Account
- Platinum Account
Silver is for those just beginning their trading careers. For the most fundamental accounts, the minimum deposit is 250 USD, except for the gold and platinum accounts, which have a slightly higher deposit requirement. These minimum deposits are rather modest compared to those of other brokerage firms. Additionally, ECN and Pro accounts are for seasoned traders who want to trade with spreads starting at 0 pip. In terms of other accounts, this is also for newcomers or someone with average financial market experience. The accounts have different leverages and varying access to perks.
Bittradehouse Trading Platform
Customers can trade using a fantastic web-based trading platform provided by the broker. WebTrader provides the ability to trade utilizing a web interface. This platform also includes a ton of features and outstanding functionality. The primary distinction between this trading platform and MetaTrader4 is that it also has an online version.
There are several features on the platform. The corporation must make a significant expenditure to create such a versatile platform. Trading on its WebTrader is a delight. It has several advantages, is simple and easy to use, and offers a variety of chart presentation possibilities. As a result, you can tailor anything to suit your needs. The platform’s abundance of analytical tools is yet another perk. The shapes vary widely. A Fibonacci exists. Rewinding the chart to the proper spot is simple. It can be changed in size as needed. Even screenshots and text annotations can be added to the chart with WebTrader. Third, technical and functional analytic tools are available.
As Bittradehouse broker emphasizes, timing is crucial. This is why the broker doesn’t ask you to download any software to begin trading online; instead, the platform is accessible directly from the website with just a single click, and you can view all of its features without completing any forms.
This is unquestionably a huge advantage because most brokers frequently demand phone and email confirmation before allowing access to their trading software. The software is user-friendly in terms of navigating asset classes, switching tabs, and trading CFDs, currencies, and cryptocurrencies. The software is quite easy because it enables you to rapidly establish alerts, add assets to your favorites list, and easily monitor trading circumstances.
Both deposits and withdrawals are free. In the name of Bittradehouse, this also applies to Bitcoin. You only need to finish paying the networking cost to start mining blockchain. It’s important to know that the minimum deposit amount for Bitcoin is 250 USD. The minimum is 250 USD if you wish to pay by credit/debit card or wire transfer.
Additionally, Bittradehouse brokerage does not impose an inactivity fee. The only two occasions when trading results in a fee are when the commission, which is imposed at six USD per lot, is due. A swap fee will be assessed if a deal is left overnight. The form of the asset itself determines how much of a subsidy is given. You can keep track of them on the live spreads page at Bittradehouse. They have a spread system that changes.
It’s important to realize that the broker you select is a business partner. As a result, you should trust it and feel at ease using its services. One that satisfies your demands and requirements is necessary. Additionally, they offer resources for learning and ways to practice before making real-money investments.
For this, Bittradetouse provides welcoming terms. The broker is the first subject to very strict control. Second, the website has a ton of instructional resources. I’ll start with the easiest one-minute blogs a trader can read. Lessons are available on each particular subject. Additionally, the company’s technical analysis is of the highest caliber.
Customers of today expect to receive assistance right away on their mobile. In order to provide exceptional customer service and provide the business a competitive advantage, customer assistance occasionally needs to involve human touch. You can contact or email Bittradetouse to get in touch with the business. The staff is extremely kind and willing to assist.
Bittradehouse Review: Final Thoughts
Bittradehouse is a reliable option for cryptocurrency traders, demonstrating its efficacy. If you choose to use it, the account is immediately available. Once you have money put, you can trade on dozens of cryptocurrencies. The experience is rich and educational, which is what most traders nowadays anticipate. This business provides clients with a dynamic trade environment since they know this is what they are seeking.
The security and safety requirements that the broker provides were the most crucial consideration for traders as we reviewed Bittradehouse. Being governed by a respectable regulatory body is among the most crucial factors for guaranteeing clients’ security.
As far as we can tell, the broker is overseen by an organization. It has a separate regulatory body that adheres to EU regulations. It is clear that the broker’s true objective is to ensure the safety of their clients. We do not believe that Bittradehouse is a fraud; it is ideal for trading. Other competing brokerages on the market don’t provide very high-quality trading services, so it is illogical for anyone not to choose Bittradehouse’s services.