In 2019, Bithoven, an online financial services provider, was launched in Kingstown, Saint Vincent and the Grenadines. The online cryptocurrency Exchange allows traders to buy and sell various digital assets — Bitcoin, Litecoin, EOS, Tron, Cardano, Bitcoin Cash, and more — seamlessly. They provide traders with the intuitive MT5 trading platform, which is available in desktop, web, and mobile versions. Bithoven has won several industry awards in honour of its satisfactory trading services. The cryptocurrency exchange offers plenty of high-liquidity coins for trading and margin trading services with a maximum leverage of 1:20. The minimum deposit required to start trading is $1, and no commission is charged on trades.
Bithoven Review Introduction
In this Bithoven review, we will take a look at some of the most important factors worth considering when choosing a broker for your online trading needs. This includes trading platforms, trading tools, research and education, account funding options, customer support, and broker regulation.
You may also wish to view my best brokers based on countless hours that I have spent researching and testing hundreds of brokers, all of which you can see in my forex broker reviews. You can also use my free trading tool to compare brokers, including Bithoven.
Bithoven Platforms & Tools
Bithoven clients are allowed to buy and sell various financial instruments using the MT5 trading platform. The platform was introduced in 2010 by the Russian software company known as MetaQuotes to succeed the MT4 trading platform. It is an advanced trading platform that ensures the ease of trading for both amateur and advanced traders. MT5 is reputed for being one of the favourite trading platforms among forex and CFD traders. It features flexible trading systems, algorithmic trading, multiple charting & analysis, and one-click trading. The MT5 trading platform is available as a desktop application for Windows and Mac computers, Webtrader that runs directly on most modern web browsers, and a mobile app that is compatible with smartphone devices, running on Android and iOS. There are also some standalone trading tools on the broker’s website, and they include markets overview, order book, candlestick charts, and more.
Bithoven Research & Education
There is an FAQ section on the Exchange’s website. The FAQ section answers some of the clients’ most common questions.
Bithoven Trading Accounts
Bithoven offers a single live trading account. The account requires a minimum deposit of just $1 to start trading.
Bithoven Account Funding
The only acceptable payment at Bithoven is cryptocurrencies. As a result, traders get to deposit and withdraw funds to and from their trading accounts using any of the following digital assets: Bitcoin, Litecoin, EOS, Tron, Cardano, Bitcoin Cash, and more.
Bithoven Customer Service
Bithoven provides traders with a responsive client support team to assist them with any assistance they may need. The support team can be reached via email, online form, and social media.
Bithoven is registered by the Financial Services Authority (FSA) of Saint Vincent and the Grenadines with the registration number: 25256 BC 2019.
Bithoven Review Summary
Based in Kingstown and registered by the SVGFSA, Bithoven is a cryptocurrency exchange that provides traders with all the resources — MT5 trading platform, educational resources, and trading tools — required to ensure seamless trading of various digital assets. In addition, a knowledgeable client support team is available to assist traders. Leverage of up to 1:20 is available, while no commission is charged on trades. The minimum deposit required to start trading is $1.
It is worth mentioning that some of the trading products and services in this Bithoven review may differ or not be available to traders in some countries due to regulations. As brokers’ terms can change over time, please verify all information is up to date directly from the Bithoven broker website, which you can visit by using the link below.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. As a result, a large percentage of retail investor accounts lose money when trading CFDs with this provider. It would help if you considered whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.