StormGain is a Europe-based trading platform that offers various services through crypto assets such as cryptocurrencies, crypto indices, tokenized assets, and crypto options. It has an average 30-day trading volume of $13, 241, 571, 008 as of today.
Quick insights
StormGain reviews
StormGain is a crypto platform that allows investors to start trading the most popular and most capitalized coins with a multiplier of up to 300x. StormGain is mostly preferred for its convenient and easy-to-use interface that allows users to trade in the biggest cryptocurrencies in the market. It is also the best in offering a variety of order types and trading tools, customized buy/sell signals, and the lowest fees among competitors.
StormGain offers an all-in-one solution for all cryptocurrency-trading needs under one roof. A user-friendly interface, and advanced trading features are the main highlights. You may have a big question why StormGain? With a wide range of services, the StormGain platform attracts traders in a lot of aspects as follows:
- StormGain’s cross-device platform gives users 24×7 access to all the trading tools and allows trade on holidays, and weekends from any device without any technical issues.
- Decentralized crypto trading allows complete control of your crypto funds as it permits direct deposit from your blockchain wallet.
- Through Simplex, StormGain allows traders to buy crypto with a debit/credit card.
- StormGain allows users to start exchanging crypto in different markets with a deposit of just $50.
- StormGain follows the best security measures to enable a safe and secure trade.
Awards and recognition
| Awards | Offered by |
| Most trusted crypto broker 2023 | World Finance forex awards |
| Crypto trading platform 2022 | AIBC |
| Best crypto broker 2022 | World Finance forex awards |
| Best trading platform 2022 | Europeanceo awards |
Regulations
Is StormGain legit? StormGain is not regulated by any authority with strict standards. However, being a crypto platform, it holds licenses with reputed and reliable regulators.
- StormGain is a member of London’s Blockchain Association, and it’s recognized as a company regulating its trade via digital assets.
- StormGain is a member of The Financial Commission’s Blockchain Association, which provides a secure and reliable trading platform.
- StormGain holds partnership with Simplex, which is a crypto payment processing company with an EU-license.
Security measures
StormGain maintains a secure environment for the traders to have safe trading. StormGain stores most of the funds in cold wallets for more security. Funds are also stored in hot wallets to ensure smooth day-to-day withdrawal requests. Below are a few of the regular security practices of StormGain:
- Two-factor authentication and multi-signature
- SSL encryption to protect all traffic that goes through StormGain’s resources. Encryption of all sensitive data.
- 24/7 availability to handle any issues
- PCIDSS and GDPR compliance
Real-time monitoring for suspicious and fraudulent activities. Quarterly security audits and controlled and monitored access.
Regional acceptance
StormGain has a strict policy on regional acceptance. While it accepts traders from few regions, it also bans traders from using StormGain platform in certain regions due to regulatory restrictions and other limitations. Below are the StormGain-supported countries list and non-supported.
| Accepted regions | Non-accepted regions |
| Australia | The United States |
| Canada | Japan |
| Thailand | Afghanistan |
| The United Kingdom | Guyana |
| Singapore | Bosnia |
| South Africa | Herzegovina |
| France | Iraq |
| Hong Kong | Yemen |
| Germany | Uganda |
| India |
Assets and instruments
StormGain has a wide range of products such as:
| Products | Details |
| Exchange | Allows traders manage and exchange funds in a simple and secure way. |
| Crypto trading | Allows access to the 50 most popular cryptocurrencies and the highest leverage on the market, up to 300x for BTC. |
| DEX trading | Decentralized crypto trading allows you to trade crypto right from your non-custodial blockchain wallet, without needing to make a deposit on the platform. |
| Wallets | StormGain has a built-in multi-currency wallet feature that provides an easy way to exchange your funds whenever needed. It is free of cost and available 24/7 worldwide from any device. |
| Trading signals | signals buy or sell recommendations right in the trading chart and when to buy or sell them. |
| StormGain news | offers courses to help traders perform better and make strategic decisions and provides information about latest and upcoming events. |
| Cryptocurrencies | Offers live cryptocurrency price charts for Bitcoin, Ethereum, Litecoin, Ripple, and other tokens quoted in Tether (USDT). |
| Bitcoin faucet | Users do not need to invest any funds to start mining and get their Bitcoins. StormGain’s free Bitcoin cloud mining was built for beginners. |
| Cloud mining | Mining free Bitcoin helps traders add funds to their accounts for free and then trade with StormGain. |
| Crypto indices | StormGain facilitates trading multiple cryptocurrencies at once to reduce volatility risks, diversify the portfolio, and save on commissions. |
| Tokenized assets | Helps expand and diversify the portfolio with tokenized gold and silver, improve risk management, and mitigate the effects of crypto volatility. |
| Crypto options | Maximizes crypto volatility aiming higher returns with no SWAP costs. |
Trading platform
StormGain supports trading in 40 different cryptocurrency futures contracts, crypto indices, equities and even commodities and also offers leverage of between 5:1 and 300:1. StormGain has both mobile app that is available in App store and & Google Play and web platform for trading crypto.
The mobile app is an all-in-one crypto app with a cloud miner and has the below features.
- Crypto trading of leverage of up to 300x
- Bitcoin cloud mining
- Crypto exchange
- Exclusive trading signals
“StormGain: Bitcoin & Crypto” mobile app in Google Play Store has a rating of 4.3 with 97K+ reviews worldwide and 5M+ downloads.
Account types
When a trader sign-up for the StormGain, he automatically gets access to both real and demo accounts. Beginners can make use of the demo trade account to start with implementing strategies without making actual investments. StormGain allows users to easily switch from both the accounts from its dashboard.
Deposit and withdrawal
- StormGain fixes the minimum deposit and withdrawal limits according to the cryptocurrency involved. While the deposit fee is 0, a withdrawal fee is charged varying for each cryptocurrency, and an additional fixed withdrawal fee of 0.1% also is charged.
- StormGain allows wallets such as Metamask or WalletConnect to be connected to the trading platform so that the trader is not required to make deposits directly to the platform.
- A minimum of $10 is required to open an order for cryptocurrency trading.
- StormGain offers 12% annual interest on any cryptocurrency stored in the crypto wallets. Users can get discounts of up to 20% on commissions, depending on their wallet balance.
- Crypto funds can be withdrawn by transferring them to an existing crypto wallet. StormGain allows transferring of a minimum of 50 USDT or equivalent in another cryptocurrency.
- StormGain processes all withdrawal requests manually on StormGain and other platforms, which is a common security practice.
Fees and commission
| Fees | Details |
| Trading | 0.5% of the fixed trading commission fee is charged flat for all the instruments. |
| Deposit | 5% is charged as debit/credit card deposit commissions so that the minimum and maximum commission amount is capped at $10 and $50 respectively. |
| Exchange | 0.095% to 0.25% is charged across the instruments. The minimum exchange size varies for each instrument. |
| Leverage | Offers a minimum leverage of 5x and a maximum of 50x for its crypto assets. |
| Trade limit | The minimum trade amount is fixed at 10.00 and the maximum is at 15000.00. |
| Inactivity fees | $15 per month |
Tools and education
StormGain provides tools like charts, live trades, depth of market analysis, etc to help traders make informed decisions. It also provides software platforms that help traders navigate digital assets markets and take timely decisions.
StormGain offers education resources such as video tutorials through its crypto education system.
Complaints
Generally, traders complaint about withdrawal issues in StormGain, this is largely due to the broker’s practice of manual processing of withdrawal requests where in-depth user verification procedures are involved. StormGain blames the delay as due to manual process of requests, overloading of blockchain, and internal issues.
Customer support
- StormGain can be reached at help@cs.stormgain.com.
- Online chat is available 24/7 to address user queries.
Conclusion
It is evident from our research that StormGain provides a comprehensive and a straightforward trading experience for both novice and advanced traders. We also see the manual processing of withdrawal request as a positive for traders, as it provides highest security. However, cryptocurrencies are complex instruments and come with high risk of losing capital due to leverage and high asset volatility.
As we always say, crypto markets are high-risk in nature with uncertainties and pitfalls and they are subject to frequent regulatory changes that may largely have an impact on your profit potential. Having this in mind, and considering StormGain’s moderate level of transparency and manual processing of withdrawals we do recommend StormGain for traders with high risk-tolerance.
Pro Tip
Despite of risks, there are numerous safer ways to engage with cryptocurrencies and this comes only from experience and more practice. Trading platforms help people profit from the volatility of crypto markets, yet we suggest dig deeper to research the hidden risks involved in the legal and execution point of view. Discover the suitable broker for your trading needs from our trusted forex brokers and explore viable investment options such as banking, crypto and stocks. Your feedback really matters to us.
