Reviewed broker: Whaleclub
Established in 2014
Note: bitcoin startup trading company
Regulation: no
Location: Hong Kong
USA traders: not accepted
Payment options: Bitcoin only
What’s Whaleclub?
Whaleclub is a trading platform that allows anyone to trade the financial markets by using digital currency.
TRADE WITH DIGITAL CURRENCY
Use BTC, ETH, LTC, or DASH to trade global financial markets
CRYPTOCURRENCIES FOREX METALS STOCKS BONDS
Why to trade with Whaleclub
Easy-To-Use
The trading dashboard gives you a unified and powerful trading experience. Quickly check price charts loaded with essential tools and effortlessly browse trading ideas and news without needing to switch context.
Low-Cost
Trade 50+ instruments with spreads as low as 0.0001. Say goodbye to the pain of partially executed orders and slippage. Get your orders filled in 1 click instead of tranches, which greatly reduces your trading costs.
Free Practice Account
Access risk-free and unlimited demo trading that works exactly like real trading (except your balance is fictional). Easily switch between demo and real trading from your dashboard.
Bonuses
Earn deposit and cashback bonuses based on your trading activity. Get notified of bonus payments made to your balance in real-time as you trade, right in your dashboard.
Upfront Risk Management
Easily set take profit levels, stop losses, and trailing stops that work exactly as you expect. Experience the thrill of guaranteed stops with unmatched execution speed.
Pro Trading Conditions
Because Whaleclub is specifically engineered to run on digital currency instead of fiat, everything feels fluid and fast. Take advantage of sub-second execution and high leverage.
Spread Only
Whaleclub does not charge any fees on trade execution. Trades are executed in full at the quoted prices.
Trading Platforms and Conditions
Trading platform: in-house whaleclub web platform
Metatrader 4: no
Account base currency: Euro, US dollar
Account types: standard
Social trading features: yes
Demo account: yes
Maximum leverage: Whaleclub offers up to 200x leverage on Forex currencies such as EUR/USD and up to 50x leverage on other markets such as commodities, cryptocurrencies, and stocks.
Minimum trade size: 0.01 lot
Spread type: fixed
Average spreads start from 1 pip
Commission fees: no
Scalping: allowed
Hedging: allowed
Mobile trading: yes
Currency pairs: 9
Payment Options for Funds Deposits and Withdrawals
Minimum deposit: $1
A fee applies on each withdrawal to help cover miner fees associated with blockchain transactions: 0.001BTC for BTC withdrawals, 0.005 for ETH withdrawals, 0.01LTC for LTC withdrawals, and 0.01DASH for DASH withdrawals.
There are no other fees. In particular, there are no fees on deposits or account inactivity.
Customer Support and Educational Material
Customer support: email, live chat, feedback form
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Questions and Answers about Whaleclub
What’s the minimum position size?
The minimum margin size for a new position is 0.01BTC for classic trading and 0.001BTC for turbo trading.
Can I buy Bitcoin, Ether, Litecoin, or Dash from Whaleclub?
No. You can deposit Bitcoin, Ether, Litecoin, or Dash you already own into your Whaleclub account to trade financial markets.
How fast are withdrawals?
For security, most withdrawals are processed manually throughout the day within an hour after they are requested.
How was the rating of Whaleclub performed compared to other brokers?
This 2023 Forex Broker Review has been conducted though thorough research and assessment of rating and ranking among almost 300 international forex brokers. The final grade is given based on Whaleclub FX broker performance and features.
Overall our online Whaleclub review was conducted with the details obtained from the demo trading and the forex brokers website. If you would like to add details to this online Whaleclub or you find inaccurate details Whaleclub Capital broker review please get in touch with us and the changes will be applied.
