Bithoven Review 2023

/ 5
Bithoven is #122 in our crypto broker rankings.

Bithoven is a MT5-powered online broker offering leveraged cryptocurrency trading.


Demo Account

Award Winning

Bonus Offer
Withdrawal fee compensation up to 0.0005 BTC

Forex Trading

Not Available

Stocks Trading

Not Available

CFD Trading

Not Available

Crypto Trading

Trade with 1:20 leverage on dozens of popular cryptocurrency coins.


  • Fastest Growing Cryptocurrency Trading Platform 2019, St. Vincent & Grenadines - Global Brands Magazine
  • Best Crypto Start Of The Year 2019 - IAFT Awards

Bithoven is an award-winning cryptocurrency exchange platform, offering margin trading on dozens of crypto coins, including Bitcoin, Ethereum, and Ripple. This review covers everything from leverage to payment methods. Find out if Bithoven is a trustworthy and regulated broker.

Bithoven Company Details

Operating under Fortis Ltd since 2019, Bithoven has over 60,000 customers and has seen $300 million in cryptocurrency exchanged through its platform. The company is registered with the Financial Services Authority (FSA) of Saint Vincent and the Grenadines.

Trading Platforms

Within the Bithoven platform, users can switch between Exchange and Margin. From the Exchange page, there is a web trading platform where you can manage your BTC orders and view moving averages. From the Margin page, users can access MetaTrader 5.

MetaTrader 5

The advanced MetaTrader 5 (MT5) platform is designed to provide easy access to global exchange markets through a simple and intuitive interface.

Features include:

Bithoven MT5 platform
Bithoven MT5 platform

MT5 is compatible with Windows PCs and can be downloaded from the Bithoven website.

MT5 WebTrader

MetaTrader 5 is also offered in a web browser version with the same features as the desktop app and without the need for any program download. Simply log in to your Bithoven account, switch to the Margin trading page, and select Web Terminal.

Bithoven WebTrader platform
Bithoven WebTrader platform


Margin traders can open positions against Bitcoin (BTC) or US Dollar (USD). The following markets are available:

Fees & Pricing

For both exchange and margin trading, Bithoven charges a flat 0.2% trading fee across all cryptocurrencies. The fee is charged once you enter the market (both for opening and closing a position).

For margin trading, floating spreads start from zero, with a minimum order volume of 0.01. The margin call level is set at 40% and the stop out level is 20%.

Other costs to be aware of include a rollover charge levied on positions held overnight, with triple swaps being charged on Friday and Saturday. There is no inactivity fee.


For margin trading, leverage can be set at 1:3, 1:10, or 1:20. These can be selected from within the Bithoven platform, upon opening a Live or Demo account.

Mobile Apps

Bithoven offers the MetaTrader 5 platform in a mobile app, compatible with both iOS and Android devices. The app allows traders to access the same features 24/7 wherever they are, including real-time quotes, push notifications, financial news, and rich historical data.

Bithoven mobile app
Bithoven mobile app

The app can be downloaded from the App Store or Play store.

Payment Methods

Bithoven only allows cryptocurrency deposits and withdrawals, so if you do not currently hold any cryptocurrency, you will first need to purchase them in an exchange (Bithoven recommend Switchere).

For exchange, deposit and withdrawal options include Bitcoin, Ethereum, Ripple, Bitcoin CASH, Tether, Litecoin, EOS, TRON, Stellar, and Cardano. Margin trading is in Bitcoin only.

There is no minimum or maximum deposit limits, however, withdrawal minimums will vary depending on the coin. These can be found on the product Fees list on the website. There is no maximum limit on coin withdrawals.

Processing times are eight hours for all coins. In terms of fees, depositing is free, however, there is a withdrawal fee (variable depending on the coin) on top of the 0.2% trading fee. For Bitcoin, the withdrawal fee is 0.0015 BTC and for Ethereum, 0.0428 ETH.

Demo Account

Bithoven offers a demo account where users can test the platform and apply leverage with zero risk. Demo Margin simulates trading with a wide range of cryptocurrencies within the MT5 platform. Leverage can be set up to 1:20 with a virtual balance between 1 and 10 BTC.

The demo account is available for as long as needed and can be opened from your margin account page after registering.

Deals & Promotions

Bithoven offers a fee compensation promotion whereby users deposit from 0.001 BTC to any margin account and they will receive instant compensation of 0.0005 BTC for the withdrawal fee charged on other platforms or BTC wallets.

Bithoven currently does not offer a deposit bonus.

Regulation & Reputation

Bithoven is registered with the Financial Services Authority (FSA) of Saint Vincent and the Grenadines, operating under Fortis Ltd. This isn’t the most respected regulatory agency, so customers may receive limited legal protection should the broker go under or refuse to pay out returns. With that said, Bithoven has picked up multiple industry awards in recent years suggesting they have a good reputation among traders and experts.

Additional Features

Bithoven provides some useful tools and resources that may help beginners, for example, video tutorials on trading signals and trading robots. There is also a list of the different available cryptocurrencies with respective white papers and additional information to provide market and product context.

Account Types

Due to the nature of the platform Bithoven provides only one Live account, however, inside the platform users can switch between the Margin trading page or the Exchange page. Note that Margin trading is in Bitcoin only. For crypto exchange, there are several currencies to choose from.


Users of Bithoven can enjoy several benefits:


Disadvantages of using Bithoven include:

Trading Hours

Crypto trading hours run from 00:00 to 24:00 EET. Every Sunday there is a break in trading between 04:30 and 04:35 EET.

Customer Support

Bithoven customer support can be accessed by filling out an online request form, or by sending an email to There is no live chat service or telephone number. However, on testing the online contact form, responses were helpful and received within a couple of hours.

Keep up to date with the latest news on the broker’s social media pages:

Safety & Security

Data exchanges between the platform and client servers are secured with TLS/SSL encryption, as well as two-step verification and automatic logouts. Bithoven is also partnered with BitGo, one of the safest and most secure cryptocurrency wallets.

Bithoven Verdict

With competitive trading fees, a user-friendly internal platform, and the MT5 offering, Bithoven makes it easy to use the exchange or start margin trading with Bitcoin. Though is it a good platform for all levels, its lack of comprehensive education and trading tools may be a slight drawback for newcomers.

Accepted Countries

Bithoven accepts traders from Australia, Thailand, Canada, United Kingdom, South Africa, Singapore, Hong Kong, India, France, Germany, Norway, Sweden, Italy, Denmark, United Arab Emirates, Saudi Arabia, Kuwait, Luxembourg, Qatar and most other countries.

Traders can not use Bithoven from United States.

Payment Methods

Bithoven Details

Minimum Trade 0.01 lots
Regulated By FSA
Islamic Account No
Mobile Apps Yes
Margin Trading No
Volatility Index No
Spot Trading No
Perpetual Swaps No
AI / Machine Learning No
Robo Advisor No
P2P Trading No
Negative Balance Protection No
VPS Hosting No
Tournaments No
Demo Competitions No
Managed Accounts No
Market Maker No
Auto Trading Yes (EAs)
Social Trading Yes
Trade Signals Yes
Guaranteed Stop Loss No

Cryptocurrency Trading Details

Crypto Spread Floating from zero
Crypto Lending No
Crypto Staking No
Crypto Mining No
Crypto Auto Market Maker No
Crypto Coins
  • ABC
  • ADA
  • BNB
  • BTC
  • BTG
  • DASH
  • DOGE
  • EOS
  • ETC
  • ETH
  • LTC
  • NEO
  • OMG
  • ONT
  • QTUM
  • TRX
  • USDC
  • VET
  • XEM
  • XLM
  • XMR
  • XRP
  • XTZ
  • YCC
  • ZAP
  • ZEC
  • ZEN
  • ZIL
  • ZPR
  • ZPT
  • ZRC
  • ZRX
  • ZSC

Compare Bithoven

Compare Bithoven with similar brokers that accept traders from your location. Among available brokers these are the most similar to Bithoven:

  1. OANDA – OANDA is a popular brand offering exceptional execution, low deposit requirements and advanced charting and trading platform features. The top-rated brand has over 25 years of experience and is authorized by leading regulators, including the CFTC/NFA. Around the clock support is available, alongside flexible contract sizes and automated trade executions.
    Go to OANDA
  2. Webull – Webull is a US-regulated trading app that offers stocks, options, forex, cryptos, ETFs, fractional shares and more. The firm is authorized by the SEC and FINRA with a strong trust rating. Low fees, no minimum investment and generous bonuses have made the discount broker popular with online investors.
    Go to Webull
  3. – boasts a global reputation with multiple awards and 20+ years experience. Regulated in the US, EU, UK and Canada they offer a huge range of markets, not just forex, and offer competitive fees on a cutting-edge platform. The brand also provides a suite of additional tools, from performance analytics and SMART Signals to advanced charts and strategy builders.
    Go to

Bithoven Comparison Table

Compare Bithoven With Similar Brokers
Bithoven OANDA Webull
Rating 2.5 4.5 4.4 4.5
Markets Cryptocurrency Forex Stocks, ETFs, options, cryptos, forex, ADRs, fractional shares, OTCs Forex, CFDs, Stocks, Indices, Commodities, Cryptos, Futures, Options
Demo Account Yes Yes Yes Yes
Minimum Deposit $0 $0 $0 $100
Minimum Trade 0.01 lots $0 $5 $1
Bonus Withdrawal fee compensation up to 0.0005 BTC $5,000 welcome bonus with a deposit of $500 Six free stocks
Education No Yes Yes Yes
Platforms MT5 MT4, TradingView, AutoChartist MT4, MT5, TradingView, AutoChartist, TradingCentral
Leverage 1:30 EU, 1:200 Global 1:200
Payment Methods 1 12 3 8
Visit Visit Visit Visit
Review Bithoven

Compare Trading Instruments

Compare the markets and instruments offered by Bithoven and its competitors. Please note, some markets may only be available via CFDs or other derivatives.

Compare Bithoven Trading Instruments
Bithoven OANDA Webull
CFD No No No Yes
Forex No Yes Yes Yes
Stocks No Yes Yes Yes
Commodities No Yes No Yes
Oil No No No Yes
Gold No Yes No Yes
Copper No Yes No No
Silver No Yes No Yes
Corn No Yes No No
Crypto Yes Yes Yes Yes
Futures No No No Yes
Options No No Yes Yes
ETFs No No Yes No
Bonds No Yes No No
Warrants No No No No
Spreadbetting No No No No
Volatility Index No No No No

Bithoven vs Other Brokers

Compare Bithoven with any other broker by selecting the other broker below.

Bithoven vs


Is Bithoven trustworthy?

From a security point of view, Bithoven is a safe and secure platform, using TLS/SSL encryption, two-step verification, and automatic logouts. Given the company is relatively new to the industry, we cannot yet comment on its track record.

What is the pricing at Bithoven?

Trading fees are 0.2% for takers and makers. The withdrawal fee depends on the coin, which you can find on the website.

What trading platforms does Bithoven use?

Bithoven uses MetaTrader 5, the most advanced and popular trading platform, accessible via a web browser, desktop, or mobile.

What payment methods are available at Bithoven?

For the cryptocurrency exchange, you can only deposit and withdraw using cryptocurrencies. These include Bitcoin, Ethereum, Ripple, Bitcoin CASH, Tether, Litecoin, EOS, TRON, Stellar, and Cardano. Margin trading is in Bitcoin only.

What margin trading tools are available at Bithoven?

Bithoven offers up to 1:20 leverage in 14 different cryptocurrencies, which you can trade against USD or BTC. There is also the option to trade other coins.

Bithoven is a MT5-powered online broker offering leveraged cryptocurrency trading.