Bittrex Review 2019

Bittrex Rated 3/5
Bittrex have a low rating. We recommend you look at one of their alternative brokers.
Plus500 matches your criteria. Visit Plus500 now here.

Bittrex Introduction

When trading in the financial markets it can be very time consuming to find a broker that meets your needs.

Often you have to visit and read many broker websites all of which have different uses of language. The wording can be very confusing. In our review of Bittrex we break down the pros and cons. What Bittrex are able to offer, what countries Bittrex are available in. Who Bittrex are regulated by and more.

Having a reliable and capable broker is crucial to your success in online trading. Make sure that your broker is not fake or unreliable to avoid losing your investment. Ensure that your needs fit the profile of your broker as well, in order for you to have a good working profitable relationship.

Benefits of trading with Bittrex

  • Regulated by: Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA).
  • Headquarters Country : South Korea
  • Foundation year 2010
  • Min Deposit : 100
  • Used by over 10,000 traders
  • Bittrex is not available in the following countries :
Open Bittrex's Website

Your capital is at risk

At the bottom of this review you can also learn about some pretty good alternatives to Bittrex

With this review we hope to help you see if Bittrex is a good fit for you.

It is a common myth that online trading is confusing. It is only difficult for people who have not done the research. In this article, you will learn important information regarding Bittrex that will help you get off to a good start in the world of online trading.

Bittrex Review Table of Contents

Bittrex what you should know

Bittrex offer two ways to trade: Forex trading, Share Dealing.

With Bittrex you will need a minimum deposit of $100. You can sign up for a demo account to acquaint yourself with Bittrex platform.

Bittrex are able to accommodate various levels of traders whether you are experienced or a beginner.


Are Bittrex safe?

When choosing a broker like Bittrex the administrative body and regulatory status of the broker is very important. Brokers who conduct trades without supervision of a regulatory body do so at their own discretion. Any capital you invest is at risk.

Established in 2010, and in operation for 9 years Bittrex have a head office in South Korea.

Bittrex is regulated. This means Bittrex are supervised by and is checked for conduct by the Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA). regulatory bodies.

Regulated brokers will not manipulate market prices. When you send in a withdrawal request to Bittrex, this will be honored. If Bittrex violate any regulatory rules their regulated status could be stripped.

Any payments funded to Bittrex accounts by traders are held in a segregated bank account.

For added security Bittrex use tier-1 banks for this. Tier 1 is the official measure of a banks financial health and strength.

Try creating two accounts when you are working with Bittrex. One is the real account, with your real money and the other is your demo account. The demo account is your experimental account.

Open a demo account Visit Bittrex

Your capital is at risk

Full disclosure: We may receive a commission if you sign up with a broker using one of our links.

What we like about Bittrex

  • Used by over 10,000 traders
  • Established in 2010
  • Regulated by Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA).
  • Min. deposit from $100

What we don't like about Bittrex

Bittrex General Fees

  • Bittrex withdrawal fees varies on payment method
  • Bittrex does charge inactivity fees
  • Bittrex does charge deposit fees

Bittrex Commissions

  • Bittrex does charge commission on CFD shares.

What can you trade with Bittrex?

You can trade a wide variety of instruments with Bittrex over 57 instruments infact.

If you are looking at trading currency pairs Bittrex offer over currency pairs.

Compare Bittrex with XTB and Plus500 below.

Your capital is at risk

FX / Currencies bittrex XTB Plus500
Forex pairs offered 50 100
Major forex pairs Yes Yes Yes
Minor forex pairs No Yes Yes
Exotic forex pairs No Yes Yes
Cryptocurrencies Yes Yes Yes
Commodity CFDs Bittrex XTB Plus500
Commodities offered 0 21 17
Metals No Yes Yes
Energies NO Yes Yes
Agricultural No Yes Yes
Indiced & Stock CFDs Bittrex XTB Plus500
Stocks offered 1696 1816
UK Shares No Yes Yes
US Shares Yes Yes Yes
German Shares No Yes Yes
Japanese Shares No Yes Yes
bittrex
Instruments
XTB
Instruments
Plus500
Instruments

Trading on Bittrex web platforms and other applications

Bittrex offer the popular MT4 forex trading platform. To see a list of the top MT4 brokers, see our comparison of MT4 brokers.

Bittrex is one of a handful of brokers that offer the cTrader platform developed for traders. For a list of forex brokers that offer the cTrader platform, check out our comparison of MT4 brokers.

Bittrex also offer mobile apps for Android and iOS, making it easier to keep an eye on and execute your trades while you’re on the move.

See bittrex's platforms

Bittrex Trading benefits :

  • Low min deposit

Bittrex Trading Accounts Offered :

  • Mini account
  • Standard account

Can I try Bittrex before I buy?

Bittrex offer a demo account so you can try before putting down funding payments. Open a practice account & learn to trade

What funding and withdrawl methods do Bittrex accept?

Bittrex offer the below funding payment methods. learn more about Bittrex

How can I start trading with Bittrex?

When opening a trading account with Bittrex, you will need to sign up here. Once you have received your login details by email, submitted your identification documents for account validation, and made a deposit; the next step is to download the trading platform of your choice. You can find detailed guidance on Bittrex trading platforms here.

Performing trades with Bittrex

Bittrex allow you to execute a minimum of trade of varies. This may vary depending on the account you open. Bittrex allow you to execute a maxium trade of varies.

As a market maker, Bittrex may have lower entry requirements compared to an ECN broker who benefits from a higher volume of trades and typically have larger capital and minimum trade requirements. Market makers typically have lower minimum deposit, smaller minimum trades requirements and no commission on trades.

As with most brokers, margin requirements do vary depending on the trader, accounts and instruments.

Education resources at Bittrex

To trade effectively with Bittrex, it's important to get a have a good understanding of the XTB trading tools and the markets.

Bittrex offer a good selection of educational resources. Spend some time reading up on how the markets and trading works, making active trades, active trading times, and managing risk.

Having an analytical approach may be a good way to approach trading with Bittrex.

Take time to look around the Bittrex platforms and train yourself to think more systematically and logically about the markets. It's a new skill-set for many, but it is what the market requires of you.

Support at Bittrex

Bittrex support a wide range of languages including English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian,Hindi, Hebrew, Arabic, Russian

What you will need to open an account with Bittrex

As Bittrex is regulated by Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA)., every new client must pass a few basic compliance checks to ensure that you understand the risks of trading and are allowed to trade. When you open an account, you'll likely be asked for the following, so it's good to have these handy:

  • A scanned colour copy of your passport, driving license or national ID
  • A utility bill or bank statement from the past three months showing your address

You'll also need to answer a few basic compliance questions to confirm how much trading experience you have, so it's best to put aside at least 10 minutes or so to complete the account opening process.

While you might be able to explore Bittrex's platform straight away, it's important to note that you won't be able to make any trades until you pass compliance, which can take up to several days, depending on your situation.

To start the process of opening an account with Bittrex you can visit their website here.

CFDs are leveraged products and can result in the loss of your capital. All trading involves risk. Only risk capital you're prepared to lose. Past performance does not guarantee future results.
This post is for educational purposes and should not be considered as investment advice. All information collected from https://international.bittrex.com/ on 12th August 2018.

Bittrex not quite right?

Check out these Bittrex Alternatives

We have spent years researching the best alternatives to Bittrex. Click the links below to learn more.

If you feel some of the above Bittrex are not quiet what you are looking for or perhaps you would just like to see some alternatives. See our highly rated list of Bittrex alternatives below.

Related Bittrex Comparisons

If you would like to see how Bittrex stands up against other brokers you can read some of our Bittrex comparisons below. We compare side by side some of our top rated Bittrex versus comparisons. Read some indepth Bittrex VS pages below.

BITTREX Frequently Asked Questions

Can I try Bittrex before I buy?

Bittrex do not offer a demo account so it looks like you will have to sign up for at least a trial period. Learn more here

What funding methods do Bittrex accept?

Bittrex offer the following funding payment methods among other payment methods.
Learn more here

Your capital is at risk

How can I start trading with Bittrex?

When opening a trading account with Bittrex, you will need to sign up here. Once you have received your login details by email, submitted your identification documents for account validation, and made a deposit; the next step is to download the trading platform of your choice. You can find detailed guidance on Bittrex trading platforms here.

Is my money safe with Bittrex?

Bittrex is regulated by Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA).. One of the most important criteria for traders when choosing a broker like Bittrex is the regulatory body and regulatory status of the broker. Brokers who conduct business without regulation do so at their own discretion and pose a direct risk to the security of their clients money.

Regulated brokers will not manipulate market prices. When you send in a withdrawal request to Bittrex, this will be honored. If they violate any regulatory rules their regulated status can be stripped.