The worst exchange ever, they froze my account after 8 years. I have been a client of this exchange. I have contacted them many times, and still I can not withdraw my coins, and my account is still frozen
They don't seem to have a stop loss function. They also have a 0.00050000 fee for transfers which is like $50 bucks right now. Not very happy with them.
Charge higher fees than some other brokers
Further research I’ve found too many unhappy users. Also I thought it would have a more streamline UI for buying and selling crypto via scalping
ACH deposits have to fully clear before you are able to make another deposit. Was not like this on other exchanges was able to make max deposits each biz day.
It is a must for me to be able to place stop and take profit levels in one go on Trading view this exchange does not have that feature i will be leaving, Tradingview it would be super helpful to know more about the exchanges and brokers features before we waste time signing up to find out
So far so good. Simple and does exactly what its needs to do. Fees are considerate.
candle chart works very slow and no option for SL TP
i can't add money to my account because my bank isn't supported
its to difficult to start trading, its only good for investing buying and holding crypto.
pretty good. fees could be lower. API does not support stop orders
Terms and fees
Fee free if < $1,000
O.30% - 0.00% Maker, 0.40% - 0.03% Taker
FX/Stablecoin pairs receive an 80% reduction
About Bitstamp
Tools and features
Frequently Asked Questions
- FinCEN (Financial Crimes Enforcement Network)
- NYSDFS (New York State Department of Financial Services)
Brokers usually require deposits to manage risk, cover trading costs, and comply with regulations. Deposits act as collateral for leveraged trades, ensuring brokers don’t face losses if a trade goes against a trader. They also help cover fees, prevent fraud, and ensure serious trading activity.
Level 2 is a subscription-based service that offers real-time access to the exchange’s order book. It gives traders and investors a detailed view of market depth and momentum, helping them make more informed and strategic trading decisions.
Brokers impose inactivity fees to cover maintenance costs, comply with regulations, and encourage active trading. These fees help offset expenses for managing inactive accounts and prevent account abandonment.
- Market orders
- Limit orders
- Market order. It's a basic type designed to buy or sell an asset immediately at the next price available
- Limit order. Specifies the maximum (for buying) or minimum (for selling) price at which a trader is willing to execute a trade. It's only executed if the price reaches the preset level. There are buy and sell limit orders - they're set to buy/sell an asset at or below/above a certain price
- Stop order. Triggered when an asset moves above or below a certain price level, always executed in the direction that the price is moving. There are stop-loss orders (automatically closes a position at a certain level if the market moves against you) and (initiates a trade when the price breaks a certain level)
- Find the right asset using our screeners and heatmaps. Explore the stock market with the Stock Screener, track cryptocurrencies on the Crypto Coins Heatmap, and more tools to fin in the main menu
- Analyze price movements on our Supercharts. Utilize multiple drawing tools, built-in indicators, and advanced features to gain deeper market insights
- Stay on top of market changes with the Economic Calendar and the latest news, helping you quickly adapt to shifting conditions
- Test your strategy in a risk-free environment with a Paper Trading account to see how it performs before committing real capital
- Choose a broker and start your trading journey with confidence once you have a clear strategy in place
It's always worth preparing for trades before actually executing them. On TradingView, you can do this with our Paper Trading functionality.
- Increased risk of losses, including exceeding initial investment
- Interest costs on borrowed funds
- Potential for margin calls requiring additional deposits
Make sure to analyze an asset thoroughly and test your strategy on a Paper Trading account to ensure you're ready to navigate these risks.
Understanding commission structures is essential for traders, as fees can impact overall profitability. Choosing a broker with competitive rates and transparent pricing ensures cost-effective trading.