HitBTC Review

HitBTC Review

Launched in 2013 in Región Metropolitana, Chile, HitBTC is a multi-asset brokerage firm that is committed to offering seamless digital assets trading services. They provide traders with an innovative platform for trading several cryptocurrencies, including Bitcoin, Ethereum, EOS, Litecoin, Tron, and more. There are various learning resources, useful trading tools, and a client support team to assist traders. Over the years, the Exchange has maintained an admirable track record of reliability, smooth order execution, a state-of-the-art trading terminal, and deep liquidity. The minimum deposit required to start trading is $1.

HitBTC Review Introduction

In this HitBTC review, we will take a look at some of the most important factors worth considering when choosing a forex 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 forex 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 forex brokers, including HitBTC.

HitBTC Platforms & Tools

All trading activities at HitBTC are carried out using the Exchange’s proprietary trading platform. The trading platform is developed in-house by the Exchange’s team of fintech experts. The trading platform is designed to increase efficiency when trading various digital assets online. In addition, the platform offers automated and algo traders reliable and fast REST, WebSocket, and FIX API, allowing traders to get the most out of their trading bots. The HitBTC trading platform is available as a WebTrader that runs directly on modern web browsers, such as Chrome, Safari, Firefox, and Edge, without downloading or installing additional software. In addition, there is a mobile app version that is explicitly designed for smartphone mobile devices running on Android and iOS devices.

HitBTC Trading Platform
HitBTC Trading Platform

The Exchange offers various standalone trading tools to help traders get the most out of their trades, including charts, order books, market overviews, and more.

HitBTC Research & Education

There is a good selection of educational resources on the Exchange’s website. The learning resources are designed to help traders make knowledgeable trading decisions, and they include blogs, an FAQ section, and news that keeps traders up-to-date with the latest events in the financial markets.

HitBTC Blogs
HitBTC Blogs

HitBTC Trading Accounts

The Exchange allows clients to open a single live trading account to start trading. In addition, a demo account is available to acquaint traders with the Exchange’s trading platform before opening a live trading account.

HitBTC Account Funding

At HitBTC, all clients’ deposit and withdrawal requests are processed using any of the following payment options: cryptocurrency, bank transfers, and credit/debit cards.

HitBTC Customer Service

The Exchange allows traders to send all their general, trading, and account-based inquiries to a reliable client support team. The support team can be contacted via telephone, email, and social media.

HitBTC Regulation

HitBTC is regulated by any known financial authority at the moment. The lack of regulation could discourage prospective clients from opening a live trading account with the Exchange.

HitBTC Review Summary

Operating since 2013, HitBTC is an online financial services provider that provides traders with seamless access to various digital assets. They provide traders with a proprietary trading platform that is available in web and mobile versions. Their clients benefit from various competitive trading conditions. The minimum deposit required to start trading is $1. There are various trading and learning tools available to aid the trading process. Unfortunately, the Exchange is not regulated by any known financial authority at the moment.

It is worth mentioning that some of the trading products and services in this HitBTC 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 HitBTC 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. A large percentage of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

HitBTC

6.4

Spreads

8.0/10

Liquidity

8.0/10

Commissions

8.0/10

Support

8.0/10

Regulation

0.0/10

Features

  • Intuitive proprietary trading platform
  • A good selection of educational resources
  • Useful trading tools
  • A good range of digital assets