Company Summary
| BITmarkets Review Summary | |
| Founded | 2010 |
| Registered Country/Region | Australia |
| Regulation | No regulation |
| Market Instrument | Cryptocurrencies |
| Demo Account | / |
| Trading Platform | BIT markets App |
| Customer Support | 24/7 multilingual support |
| Phone: +44 20 4579 5923 | |
| Email: support@bitmarkets.com | |
BITmarkets Information
BITmarkets, founded in 2010, is an unregulated brokerage registered in Australia. It specizlizes in crypto trading via BIT markets App.
Pros and Cons
| Pros | Cons |
| 24/7 multilingual support | Unregulated status |
| Limited trading markets | |
| No MT4/MT5 | |
| No popular payment methods | |
| Deposit and withdrawal fees charged |
Is BITmarkets Legit?
BITmarkets is unregulated, which means traders should be more careful when trading through BITmarkets.
What Can I Trade on BITmarkets?
BITmarkets offers traders the opportunity to trade more than 200 types of cryptocurrencies.
| Trading Instruments | Supported |
| Cryptocurrencies | ✔ |
| Forex | ❌ |
| Commodities | ❌ |
| Indices | ❌ |
| Stocks | ❌ |
| Cryptocurrencies | ❌ |
| Bonds | ❌ |
| Options | ❌ |
| ETFs | ❌ |
BITmarkets Fees
BITmarkets is launching Tiered trading fee discounts. Their active users will be rewarded for their underlying support. VIP clients can get discounts automatically by meeting any one of the below-listed requirements to reach a specific tier level and enjoy the corresponding trading fees.
| VIP Level | Maker | Taker | 30-day Spot Trading Volume (USD) | Maker (BTMT 20% off) | Taker (BTMT 20% off) | BTMT Holding in USD |
| General User | 0.16 | 0.18 | 0 | 0.128 | 0.144 | ≥2,500 |
| VIP 1 | 0.12 | 0.14 | ≥250,000 | 0.096 | 0.112 | ≥10,000 |
| VIP 2 | 0.08 | 0.11 | ≥1,000,000 | 0.064 | 0.088 | ≥50,000 |
| VIP 3 | 0.05 | 0.08 | ≥10,000,000 | 0.04 | 0.064 | ≥100,000 |
| VIP 4 | 0.03 | 0.06 | ≥100,000,000 | 0.024 | 0.048 | ≥250,000 |
| VIP 5 | 0.02 | 0.04 | ≥500,000,000 | 0.016 | 0.032 | ≥500,000 |
| VIP 6 | 0.01 | 0.02 | ≥1,000,000,000 | 0.008 | 0.016 | ≥1,000,000 |
Trading Platform
BITmarkets' trading platform is BIT markets App, which supports traders on Android and iOS.
| Trading Platform | Supported | Available Devices | Suitable for |
| BIT markets App | ✔ | Mobile | / |
| MT4 | × | / | Beginners |
| MT5 | × | / | Experienced traders |
Deposit and Withdrawal
| Network | Currency | Min Deposit | Max Deposit | Deposit Fee | Min Withdrawal | Withdrawal Fee |
| SWIFT | EUR | EUR 30 | / | EUR 30 | EUR 100 | EUR 10 + 2.5% |
| SEPA | EUR | EUR 20 | / | EUR 10 + 0.25% | EUR 100 | EUR 10 + 2.5% |
| EUR | EUR 30 | / | FREE | EUR 100 | EUR 10 + 2.5% | |
| RupeePay | INR | ₹500 | ₹30,000 | 7% | / | 6.50% |
| deluxepay365 | ₹ 8,000 | ₹1,000,000 | 5% | / | 3.75% | |
| growpayments | ₹ 8,000 | ₹1,000,000 | 5% | / | 3.50% | |
| VNPAY | IDR | Rp 350,000 | Rp 500,000,000 | 5% | / | 1.50% |
| MYR | RM 10 | RM 50,000 | 5% | / | 1.50% | |
| VND | VND 100,000 | VND 1,000,000,000 | 5% | / | 1.50% |
