StormGain vs Bybit

StormGain vs Bybit Comparison Table 2024
StormGain Bybit
3.9
3.1

StormGain is a comprehensive crypto platform that allows clients to trade crypto derivatives, store them in a wallet, mine new tokens and access DeFi capabilities such as staking. The focus is on trading crypto futures, which takes place through proprietary software with integreated trading signals and a suite of educational software. The platform also supports trading on 'tokenized assets' – smart contracts based on gold and silver price movements – and crypto options.

Bybit is an established crypto exchange aimed at online traders. Clients can speculate on leading tokens like Bitcoin, access crypto staking and loans, or trade NFTs using the firm's digital marketplace. Millions of users have signed up with the firm since it launched in 2018.

Bonus Offer
Tiered Loyalty Program Up To 4030 USDT Welcome Bonus
Comment by Reviewer
"StormGain is a good option for day traders who want to focus on digital assets because it offers 60+ crypto futures with high leverage as well as DeFi functions including mining and staking. However, the usual lack of regulation raises concerns about safety so this is riskier than crypto brokers. " "Bybit is a good choice for active traders who want a fast and straightforward way to buy crypto tokens and trade crypto derivatives."
Pros
  • Offers highly leveraged trading on 60+ crypto futures as well as indices, options and some spot cryptos
  • Interesting instruments including crypto indices and tokenized gold and silver
  • Easy-to-use proprietary platform allows users of all experience levels to start trading crypto derivatives quickly
  • Leverage up to 1:300 is very high and will suit experienced day traders with a high risk appetite
  • Good educational section with plenty of material for intermediate and experienced traders as well as beginners
  • Tier-based account types with some decent mining rewards for high-volume traders
  • Dual price mechanism reducing unfair liquidations
  • Increased profit potential with leverage up to 1:100
  • 24/7 customer help from a multilingual service team
  • No limits on trades and withdrawals on any account
  • Best-in-class market depth, minimum price impact trade execution
  • Industry-leading cold wallet strengthens security and improves the safety of funds
  • A useful risk management tool protecting retail traders against unfavorable price fluctuations
  • 100,000 TPS per contract which results in no overloads with an ultra-fast matching engine that is 10x the industry average
  • Retail clients can easily swap between supported coins within accounts, take profit and stop loss, strategy alerts, and adjust orders
Cons
  • Few futures compared to many similar competitors in the crypto sphere, such as Coinbase, Kraken and Binance, which offer hundreds
  • Only supports direct purchase of nine cryptocurrencies, which is very few compared to Coinbase and others
  • Traders can only fund accounts by transferring crypto or buying it with a pricey card transaction
  • Limited platform with no automated trading bots or copy trading
  • Maker/taker fees are more than double some top rivals like Kraken
  • Unregulated firm that has only been in business since 2019
  • Poor selection of research materials compared to rivals like Coinbase that regularly update with expert analysis
  • Bybit is not currently regulated in any country
  • Residents of some countries are restricted from opening an account, including clients from the US
Awards
  • Most Trusted Crypto Broker 2023 – World Finance
  • Crypto Trading Platform of 2022 – AIBC
  • Best Crypto Broker 2022 - World Finance
  • Best Crypto Broker of 2021 – World Finance
  • Best Crypto Broker of 2021 – UF
Instruments
Cryptocurrency Cryptos, Futures
Demo Account
Yes Yes
Minimum Deposit
$50 $0
Trading Platforms
  • own
  • MT4
  • TradingView
Payment Methods
Minimum Trade
$10 0.001 Lots
Regulator
Unregulated
Margin Trading
Yes Yes
STP Account
No Yes
ECN Account
No No
DMA Account
No No
MAM Account
No No
PAMM Account
No No
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
No Yes
Robo Advisor
No No
Negative Balance Protection
No No
Market Maker
No No
P2P Trading
No Yes
Spot Trading
Yes Yes
Mobile Apps
iOS & Android Yes (iOS & Android)
Auto Trading
Via 3rd party software
Copy Trading
No Yes
Copy Trading Platform
Use the Top Traders leaderboard to follow experienced crypto investors. Mirror positions on Bitcoin, Ethereum and more for a small charge.
Social Trading
No No
Trade Signals
Yes
VPS Hosting
No Yes
Tournaments
No No
Demo Competitions
No No
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
No No
Inactivity Fee
$0
Islamic Account
Yes No
Account Currencies
  • USD
  • EUR
  • GBP
  • TRY
  • RUB
Commodities
Cryptocurrency
StormGain is a crypto platform that allows clients to trade crypto derivatives, store them in a wallet, mine new tokens and access DeFi capabilities such as staking. The focus is on trading crypto futures, which takes place through proprietary software with integreated trading signals and a suite of educational software. The platform also supports trading on 'tokenized assets' – smart contracts based on gold and silver price movements – and crypto options. Buy dozens of crypto tokens with one click, or choose between hundreds of tokens to trade on spot markets, with more options than many alternatives. Crypto derivative products include perpetual futures and options.
Spread
Market maker, derivatives fee: 0.01%, spot fee: 0.1% Market taker: derivatives fee: 0.06%, spot fee: 0.1%
Coins
  • BTC
  • BCH
  • LTC
  • ETH
  • XRP
  • USDT
  • DOGE
  • ADA
  • XLM
  • LNK
  • ZTZ
  • VET
  • EGLD
  • BNB
  • AAVE
  • CHZ
  • CAKE
  • ENJ
  • UNI
  • DOT
  • ZEC
  • EOS
  • NEO
  • IOT
  • TRX
  • XMR
  • DASH
  • BSV
  • SHIB
  • ICP
  • ALGO
  • ATM
  • AVAX
  • AXS
  • BTG
  • COMP
  • FIL
  • LUNA
  • MATIC
  • MKR
  • OMG
  • QNT
  • QTM
  • ROSE
  • RUNE
  • SNX
  • SOL
  • SUSHI
  • THETA
  • UMA
  • XEM
  • YFI
  • ZRX
  • APE
  • DAI
  • USDC
  • MANA
  • GMT
  • BTC
  • ETH
  • EOS
  • XRP
  • USDT
  • BCH
  • LINK
  • XTZU
  • LUNA
  • SRM
  • TRX
  • RUNE
  • THETA
  • STRM
  • YFI
  • WAVES
  • DXPX
  • ENS
  • USDC
  • ADA
  • BEL
  • BIC
  • REN
  • MKR
  • LING
  • CN98
  • CAKE
  • CAPS
  • BUSD
  • BTT
  • CBX
  • CELO
  • BTG
  • BUSD
  • KLAY
  • BNB
  • DOT
  • AGLA
  • AGLD
  • LING
  • DOME
  • FIU
  • FLOKI
  • FITFI
  • HOT
  • ALGO
  • FCD
  • APEX
  • AXS
  • BAT
  • ANKR
  • BNT
  • BOBA
  • ALGO
  • FIDA
  • FL
  • UNI
  • AAVE
  • SUSHI
  • XEM
  • APE
  • ATOM
  • AVAX
  • DOGE
  • ETC
  • FTM
  • LTC
  • MATIC
  • SAND
  • SWEAT
  • DLC
  • AXS
  • CHZ
  • OP
  • OKSE
  • ZEN
  • ZIL
  • ZRX
  • ACH
  • ACM
  • DYDX
  • ELT
  • FTT
  • HERO
  • NEXO
  • MKR
  • QMALL
  • QNT
  • REAL
  • TRIBE
  • INTER
  • FAME
  • REN
  • ENS
  • ELT
  • ELJ
  • DICE
  • DRIV
  • FLOKI
  • FLOW
  • GENE
  • GMX
  • IME
  • KRL
  • KOK
  • NFT
  • LWF
  • KMON
  • KASTA
  • ICX
  • CRAFT
  • CWAR
  • CTC
  • CULT
  • DEFY
  • DFI
  • DICE
  • DRIV
  • GSTS
  • JST
  • GODS
  • IZI
  • JASMY
  • ERTHA
  • COMP
Crypto Lending
No Yes
Crypto Mining
Yes Yes
Crypto Staking
Yes Yes
Auto Market Maker
No No
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