Alyaziah Hayat | March 24, 2022
Table of Contents
StormGain is an online crypto trading platform where you can buy, sell and exchange cryptocurrency. Clients can hold, exchange and trade cryptocurrencies with competitive fees all in one place. StormGain also offer crypto trading signals and educational materials. The account opening and funding process is quick and easy.
The StormGain crypto platform is intuitive and available as a mobile trading app and web platform that runs directly in most modern browsers without needing to download or install any additional software.
However, StormGain are not regulated and do not offer forex, commodities or stock trading instruments. There are also no MetaTrader platforms provided.
Broker Pros / Cons
- Dedicated cryptocurrency broker
- User friendly crypto trading app
- Cryptocurrency trading signals
- Educational resources
- 24/7 crypto trading with leverage
- 6 crypto-wallets
- Quick & easy sign-up process
- Loyalty program
- Limited funding options
- Cryptocurrency only, no forex, commodities or stocks
- No MetaTrader platforms
- No clients from USA, Canada & some other countries
- No additional trading tools
StormGain is a multi-device crypto trading platform that offers simple and convenient cryptocurrency trading via futures contracts. They offer competitive fees, a multiplier of up to x200, a demo account to practice trading cryptos and educational materials.
StormGain wanted to make cryptocurrency trading accessible to everyone, giving you the opportunity to trade long and short on the most popular cryptocurrency pairs within an environment that helps to improve the overall crypto trading experience. They serve over 120,000 clients spanning across 100+ countries.
Founded in July 2019 and headquartered in London, England, StormGain support a variety of order types and trading tools along with customized buy/sell signals. They combine traditional and advanced trading features, a user-friendly interface, and 24/7 customer support. StormGain offers an all-in-one solution for all of your cryptocurrency trading needs.
StormGain does not have any regulation at this time. Cryptocurrency regulation varies greatly from country to country. Some governments are so welcoming of crypto that it has even been deemed legal tender. Others, however, have gone as far as to ban it outright.
The StormGain crypto trading platform is accessible in most countries excluding the USA, Canada, Japan, Syria, Vanuatu, Yemen, Afghanistan, Ethiopia, North Korea, Uganda, Iran, Tunisia and some others.
You can get the StormGain crypto trading app from official app stores or use the web platform available for any browser. Both platforms are very user friendly with a sleek modern intuitive interface that makes it easy to navigate and conduct daily trading activities such as market analysis, placing and managing trade positions.
You can choose between multiple chart types and time frames. The platforms include the majority of popular technical indicators and drawing tools. You can view the top rising and top falling cryptocurrencies and create favourite lists to easily access you preferred trading instruments.
The StormGain platform should have more than enough trading tools for the average cryptocurrency trader. That being said, they could perhaps benefit from adding some additional tools such as crypto calculators, sentiment analysis and a crypto news calendar.
Cryptocurrency Trading Signals
StormGain offer clients free crypto trading signals and useful recommendations developed by their in-house specialists. By implementing the help of Artificial Intelligence (AI), StormGain specialists apply various approaches to the market analysis, including chart analysis, various indicators, technical analysis patterns as well as news for fundamental analysis. You receive those signals every few hours with optional stop loss and take profit levels. You can of course analyse each signal before taking a position and manage according to your own risk preferences.
StormGain have an educational section with easy to understand tutorial videos on their website where you can learn how to trade, deposit and exchange cryptocurrencies step by step. There is also a cryptocurrency news section that has a good selection of easy to digest articles covering various topics including trading education, trading strategies, cryptocurrency analysis and more.
StormGain provide 24/7 online crypto trading with a multiplier of up to 200x on every instrument offered. Users can gain access to over 17 different crypto futures in six cryptos (BTC, LTC, BCH, XRP, ETH, and USDT).
- Bitcoin Cash
- Bitcoin Gold
Multiplier is another word they are using for leverage. It basically means the same thing. If for example, you invested money in BTC and the price of BTC increased by 3%, instead of a 3% return, you would have had a 30% return using a multiplier of 10x. It must be strongly emphasised that whilst trading with leveraged positions can improve possible gains, it also significantly increases the risk. You should have a complete understanding of the risks involved before trading online.
It is a quick and easy process to open an account with StormGain. They only require their clients have an email address, telephone number and a minimum deposit of just 50 USDT (Tether). The minimum trade amount is 10 USDT.
Tether (USDT) is a cryptocurrency with a value that is supposed to mirror the value of the U.S. dollar. The idea was to create a stable cryptocurrency that can be used as digital dollars. Coins that serve this purpose of being a stable dollar substitute are called “stable coins.”
There is 0% swap for day trading so you never pay commissions on an hourly basis. Depending on the cryptocurrency pair you are planning to trade, StormGain will charge between 0.15% to 0.5% for a position. Accounts are secured by 2-factor authentication and cold wallets used to store crypto funds.
StormGain have a loyalty program where you can get status level according to your account balance and trading volume. Each of the status levels gives special terms and conditions including commission discounts, deposit bonuses and increased interest rates.
StormGain can provide demo accounts if you wish to test their crypto trading platform before opening a real trading account. You can quickly and easily switch between demo and real accounts as much as you desire by using the switch that is located in your personal menu.
You can contact StormGain support via email, telephone, live chat and Telegram. From our experience the support team are prompt, polite and knowledgeable in their responses. There is also a frequently asked questions section on the StormGain website where you can get instant answers to some of the more commonly asked questions.
StormGain users can deposit cryptos using their bank card. You just choose the crypto that you want and receive it into your wallet within 5 minutes. You can change your deposit into USDT and start trading immediately. The process is very easy even for those who may not be well-versed in the intricacies of cryptocurrency.
StormGain allow you to exchange your crypto at some of the lowest rates of any crypto exchange. You can deposit your crypto or buy it using a bank card and exchange it with the most popular currencies. There are 6 crypto-wallets with easy exchange between them. They use USDT for crypto exchange which is tied to the USD.
The StormGain built-in wallet provides a simple way to secure, manage and exchange your funds whenever and wherever you want. All you need to do is to pass registration and deposit your assets. You have a quick access to all of your cryptocurrency assets – BTC, ETH, BCH or any other – because they are all stored in one place.
The commission for bank card deposits is 5% with a minimum of $10. The maximum amount of deposit is $20,000. Crypto deposit fees are 0% whilst withdrawal fees are 0.1%.
The signup process with StormGain is secure and straightforward. To register and start trading with StormGain, you only need to provide your email and create a password. You can choose between the desktop or mobile version of the crypto platform and commence crypto trading in just a few minutes. You should enter your real email and phone number as you will need to verify them.
|Broker Features||AvaTrade||IG||IC Markets|
|Regulated||ASIC, BVI, CBI, FFAJ, JFSA, FSCA, IIROC, ADGM FRSA||FCA, CFTC, NFA, BaFin, FINMA, ASIC, FMA, MAS, FSA, FSCA, DFSA, JFSA, METI, MAFF||ASIC, CySEC, FSA, SCB|
|Country||Australia, Ireland, South Africa, Japan, British Virgin Islands||Australia, UK, USA, Switzerland, UAE, Singapore, Japan||Australia, Seychelles, Bahamas, Cyprus|
|Min. Deposit||Min $250 Deposit||Min $100 Deposit||Min $200 Deposit|
|Commission||From $0||From $0||From $0|
|Instruments||Forex, Commodities, Cryptocurrency, Stocks, Shares, Indices, Metals, Energies, Options, Bonds, CFDs, ETFs||Forex, Commodities, Stocks, Shares, Indices, Cryptocurrencies, Metals, Energies, Options, Bonds, ETFs, CFDs||Forex, Commodities, Cryptocurrency, Stocks, Shares, Indices, Metals, Energies, Bonds, CFDs|
|Platforms||MetaTrader 4, MetaTrader 5, AvaTradeGO, AvaOptions, AvaSocial, DupliTrade, ZuluTrade, Web, Mobile||MetaTrader 4, IG Platform, IG Progressive Web App, ProRealTime (PRT), L2 Dealer, FIX API, Web, Mobile||MetaTrader 4, MetaTrader 5, cTrader, Web, Mobile|
|Type||Market Maker, STP||STP, ECN, DMA||ECN|
|Funding||Wire Transfer, Credit/Debit Card, Paypal, WebMoney, Neteller, Skrill||Wire Transfer, Credit/Debit Cards, PayPal||Wire Transfer, Credit Card, Debit Card, WebMoney, Neteller, PayPal, Skrill, FasaPay, UnionPay, Qiwi, Bpay, Poli|
|Visit Broker||Visit Broker||Visit Broker||Visit Broker|
Overall, StormGain is a popular crypto trading platform and crypto exchange. The platform offers leveraged crypto trading with competitive pricing along with instantaneous crypto exchange services and a multi-currency crypto wallet.
The crypto platform is easy to use and thus suitable to traders of all experience levels. The account registration process is quick and easy whilst there are demo accounts available and a generous collection of educational resources provided. They also offer crypto trading signals.
However, StormGain is limited to cryptocurrencies with no forex, commodities or stock trading instruments. They do not offer the popular MetaTrader platforms and are also not regulated by any regulatory authority.