StormGain Review 2026
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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
Pros
- There was a reasonable educational section with plenty of material for intermediate and experienced traders as well as beginners
- Had an easy-to-use proprietary platform with minimal learning curve for newer traders
- The tier-based account types has strong mining rewards for high-volume traders
- Offered a range of instruments including crypto indices and tokenized gold and silver
Cons
- There was a poor selection of research materials compared to rivals
- Maker/taker fees were more than double some top rivals like Kraken
- There were few futures compared to many competitors in the crypto sphere, such as Coinbase and Kraken, which offer hundreds
- StormGain did not earn the confidence of our broker testers due to its weak regulatory credentials and some poor user reviews
- Traders could only fund accounts by transferring crypto or buying it with a pricey card transaction
- It was an unregulated firm that didn't live more than around 5 years
StormGain Review
StormGain ceased operating in 2025, with client accounts, balances, and respective data migrated to YouHodler. The review below is provided for historical purposes.
Regulation & Trust
Trust is top of our list when we review companies for day trading, and unfortunately like many other crypto firms StormGain was held back by its lack of regulation.
This is even more of an issue when it comes to cryptocurrencies, which are extremely volatile. High-profile crypto firms have collapsed due to mismanagement, scams or market downturns, one example being the collapse of FTX in November 2022.
As a result, we recommend that traders consider using a crypto broker to get a taste of crypto trading with less risk.
It had only been around since 2019, a relatively short time compared to industry stalwarts like Kraken (2011) and Coinbase (2012).
Also, StormGain had been the subject of multiple regulatory warnings for providing services without authorization, including from the Austrian FMA in 2021 and Spanish CNMV in 2019.
Accounts & Banking
Crypto firms aren’t known to have varied account options, and StormGain followed suit with a single account for all traders.
I liked the simplicity of having fewer accounts to choose between, but the problem was that StormGain didn’t offer very much to traders who sign up.
Rival firms allowed traders to access a wide range of crypto and DeFi products from one account – OKX continues to provide great service in this area with DeFi yield farming, while Nexo is known for its high yields on peer-to-peer loans.
In comparison, StormGain’s wallets didn’t offer you much, with just a handful of cryptocurrencies and tokenized gold and silver to buy and hold.
I did like the support for crypto staking and cloud mining, but both work effectively in a similar way to cashback schemes with higher interest rates and faster mining unlocked by increasing your trading volume.
This required a very high monthly volume to reach a point where you’d earn anything substantial, with at least $150,000 needed to access the first tier and $750,000 to access the tier after that. At these rates, most casual traders would be priced out.
Deposits & Withdrawals
StormGain traders needed to fund their accounts with cryptocurrency, which could be done either via transfer from an existing wallet or by buying crypto via the Simplex on-ramp.
Direct crypto transfers were the cheapest with no minimum deposit and no charge on Stormgain’s end, though they would usually incur gas fees which could get expensive during busy periods.
Buying crypto with a Visa or Mastercard was much more expensive, with a $50 minimum and a 5% card transaction fee (minimum $10) plus an exchange rate commission running from 1%-2.5%. This was a very high amount that would make it far more difficult to make a profit from trading, so I saw it as a big disadvantage.
Bonuses
StormGain offered a few bonuses and incentives.
Historically, StormGain ran sign-up bonuses like a $25 promo scheme. The bonuses available also included a small trading credit supplement of up to $2 USDT for miners that could be accessed every 100 hours.
Besides this minor incentive, a deposit bonus of up to 20% of deposits was available, but you’d need a high monthly trading volume to access them.
This started at $150,000 trading volume per month to access a small 5% bonus, with the highest tier available for trading volumes of about $75 million allowing just 20%.
All bonus payments were made in trading credit, and were only used for increasing position size, and could not be withdrawn.
We advise traders never to base their broker decisions on the availability of bonuses.
Demo Account
I was pleased to find a demo account available at StormGain, which gave all traders who register $50,000 USDT in virtual funds to practice trading with.
This was a good way to try out StormGain’s platform and services or to test new strategies, and it was relatively unusual among crypto firms at the time, so it was good to see.
Assets & Markets
StormGain had an average range of cryptos available for day traders who prefer derivatives, though we would have liked to see a larger range available for traders to buy and own directly.
The 70+ crypto futures and two crypto options were a positive, as they allowed traders to open long or short positions on popular crypto assets paired with USDT.
However, this was far below the range offered by big names like Kraken, which offered hundreds of perpetual futures.
It was also disappointing to find just a few tokens available to buy and hold in your wallet. When competitors like Coinbase offeed over 250 or more, StormGain simply didn’t compete.
On the positive side, it did offer some less common assets in the form of three crypto indices, which grouped together three, five or ten popular tokens in a basket. I also liked having the tokenized gold and silver, as these precious metals aren’t often available on crypto brokers or exchanges.
However, I didn’t see these as enough to save an offering that overall was far narrower than most of StormGain’s main competitors.
Leverage
StormGain offered up to 1:300 leverage, which is very high for crypto trading and which traders who favor high-risk-high-reward strategies may see as an advantage, but it came with high risks.
In practice, only the Bitcoin and Gold tokens were available to trade with this much leverage. Ethereum and Silver could be traded with up to 1:200, indices with up to 1:100 and everything else with a 1:50 maximum.
This was still a very significant amount of leverage, and we urged traders to use stop losses and other risk management strategies if they used it while trading these volatile instruments.
Take great care when trading with leverage, especially on volatile crypto instruments, and note that StormGain didn’t provide negative balance protection.
Fees & Costs
We examined StormGain against similar exchanges and crypto brokers and found it to be a relatively expensive place for day trading crypto.
Firms like StormGain that offered crypto derivatives mainly make their money through maker/taker fees on trades, funding fees, commission fees on conversions and non-trading fees for things like card transactions.
Maker/taker fees, which are one of the main considerations for day traders, were very high at StormGain, and I was able to find competitors that were half the price or cheaper.
At the time, the basic 0.4% for makers and takers were double the 0.2% charged by Nexo, while Kraken charged just 0.05% and 0.02% to takers and makers respectively at its basic rate.
I also found the 5% charge for deposits very high, especially since an additional charge could be incurred for the exchange. This means crypto deposits were likely to be the most affordable, but these could also rack up high fees depending on market conditions.
Additional fees included interest paid to fund a position. I was pleased to see that StormGain was transparent about these rates, which were typical for any firm that offers margin trading.
I thought StormGain’s fees are the biggest barrier to it being a hit with day traders, who would find better value at better-known competitors.
Platforms & Tools
I enjoyed using StormGain’s margin trading and investing desktop platform, which was both user-friendly and powerful enough to conduct sophisticated analysis.
It was available via all major internet browsers, though the recommended access method was via the iOS and Android (APK) all-in-one apps.
The trading platform offered everything you need to trade, exchange and use digital currency coins. It was available in over 10 languages and the in-platform live chat and video tutorials were useful for beginners.
When I used the terminal, I was impressed with the simple navigation and intuitive dashboard, which were ideal for newer users.
I also enjoyed the variety of charting tools to track trends and price movements, which were also easy to find and get to grips on the main screen.
One of the selling points was free trading signals, which were available to StormGain users after signing up and which provided indicators based on probability and profitability, though these couldn’t be relied upon – signals can and are after wrong.
While this was a decent feature, I didn’t think it was enough to sell StormGain as a leading platform. Rival exchanges’ platforms include some great features, like the social media analysis and newsfeeds on Nexo’s, and these were not present here.
Another thing I missed was having tools like copy trading and trading robots, which you will find on some good crypto brokers like IC Markets that offer trading through MetaTrader 4 and similar third-party platforms.
Other key features included:
- Customize charts using nine time-frames
- Exchange popular digital currency coins instantly
- In-built buy/sell suggestions with integrated trading signals
- Access 40+ technical indicators including Ichimoku Cloud and Stochastics
- Control your funds 24/7 in the app. Purchase and store crypto coins within a free, integrated multi-currency wallet
Research
StormGain’s research section was threadbare and I felt the brand was very weak compared to competitors in this department.
I found the main research tool, the Weekly Crypto Digest, to have some useful technical analysis on key crypto assets, suggested strategies and key events. However, this was far from a comprehensive look at the market and I felt the presentation was unprofessional, with duplicated text and poor editing.
Besides that, the website had a ‘Daily Review’ and a ‘Blog’ link, but both lead to the same page, which was more than eight months out of date when I last checked it.
This was very weak compared to exchanges like CoinBase, which keeps a regularly updated research and insights hub with analysis from experts, commentary and market intelligence reports.
Education
I liked StormGain’s wide range of educational content, which contains enough to give beginners a start while also having the depth to satisfy more experienced day traders.
My favorite educational content was in the intermediate to advanced section, which provided everything from lessons on technical analysis to topics on crypto regulation’s impact on fundamental analysis.
I was also pleased with the various step-by-step guides offered throughout. These covered many topics including how to purchase crypto, how to make a deposit and how to use the trading terminal, ensuring that even complete beginners wouldn’t be lost on the platform.
Overall, there were some useful resources for both new and seasoned investors, but they didn’t reach the levels of our top picks for education like eToro.
Customer Support
We placed a high priority on customer support because a helpful team makes it much easier to resolve difficulties and signals a professional operation.
StormGain did average with its support, which consisted of a live chat with human team members during European business hours. Outside working hours, traders could use the same live chat window to leave a message with the team.
When I tested the chat function I received a response from a human agent within a minute and was able to find the information I asked for quickly.
The agent was helpful, though I was surprised that my simple questions related to the number of crypto tokens available were not answered directly and I was instead directed to a link.
Should You Have Traded With StormGain?
StormGain wasn’t the worst option for day traders who wanted to access highly leveraged crypto futures on an easy-to-use platform, but it was let down by far higher fees than similar crypto firms. We also had safety concerns. We thought you could find better value on an alternative exchange or from a good crypto broker.
FAQs
Was StormGain Legit Or A Scam?
StormGain only lasted several years (2019 – 2025), and wasn’t well-regulated so we urged traders to take care.
Could I Trust StormGain?
No. StormGain was an unregulated company so you should always be careful when dealing with such trading providers.
Was StormGain A Regulated Broker?
StormGain was not a regulated crypto platform, so traders would be without some important safeguards.
Was StormGain Good For Beginners?
StormGain has some features for beginner day traders, including a range of educational content and an easy-to-use platform. However, we advise new traders to start their journey with a regulated broker.
Did StormGain Offer Low Fees?
We found StormGain’s fees very high compared to similar crypto firms. The maker/taker fees were considerably higher than some exchanges, and there was also a high 5% deposit fee for card transactions.
Was StormGain A Good Broker For Day Trading?
While StormGain has some positive for day traders, including the range of 60+ crypto futures, the fees would make it difficult to turn a profit for very active traders, so no.
Did StormGain Have A Mobile App?
StormGain’s mobile app worked on Android and iOS devices. It’s no longer operational as the broker closed.
Best Alternatives to StormGain
Compare StormGain with the best similar brokers that accept traders from your location.
- Interactive Brokers – Interactive Brokers (IBKR) is a premier brokerage, providing access to over 170 markets across 40 countries, along with a suite of comprehensive investment services. With over 40 years of experience, this Nasdaq-listed firm adheres to stringent regulations by the SEC, FCA, CIRO, and SFC, amongst others, and is one of the most trusted brokers for trading around the globe.
- Kraken – Kraken is a leading cryptocurrency exchange with a proprietary trading terminal and a list of 600+ tradeable crypto tokens. Up to 1:5 leverage is available with stable rollover fees on spot crypto trading and up to 1:50 on futures.
StormGain Comparison Table
| StormGain | Interactive Brokers | Kraken | |
|---|---|---|---|
| Rating | 2.4 | 4.3 | 3.9 |
| Markets | Cryptocurrency | Stocks, Options, Futures, Forex, Funds, Bonds, ETFs, Mutual Funds, Cryptocurrencies | Cryptos, xStocks, Pre-IPO Perpetual Futures |
| Demo Account | Yes | Yes | Yes |
| Minimum Deposit | $50 | $0 | $10 |
| Minimum Trade | $10 | $100 | Variable |
| Regulators | – | SEC, FINRA, CFTC, NFA, CIRO, FCA, CBI, ASIC, SFC, SEBI, JFSA, MAS | FINTRAC, AUSTRAC |
| Bonus | Tiered Loyalty Program | – | – |
| Platforms | own | Trader Workstation (TWS), IBKR Desktop, GlobalTrader, Mobile, Client Portal, AlgoTrader, OmniTrader, TradingView, eSignal, TradingCentral, ProRealTime, Quantower | AlgoTrader, Quantower |
| Leverage | – | 1:50 (major forex pairs), 1:2-1:4 (equities) | – |
| Payment Methods | 6 | 5 | 6 |
| Visit | – | Visit | Visit |
| Review | – | Interactive Brokers Review |
Kraken Review |
Compare Trading Instruments
Compare the markets and instruments offered by StormGain and its competitors. Please note, some markets may only be available via CFDs or other derivatives.
| StormGain | Interactive Brokers | Kraken | |
|---|---|---|---|
| CFD | No | No | No |
| Forex | No | Yes | No |
| Stocks | No | Yes | No |
| Commodities | Yes | Yes | No |
| Oil | No | No | No |
| Gold | Yes | Yes | No |
| Copper | No | No | No |
| Silver | Yes | No | No |
| Corn | No | No | No |
| Crypto | Yes | Yes | Yes |
| Futures | Yes | Yes | Yes |
| Options | Yes | Yes | No |
| ETFs | No | Yes | No |
| Bonds | No | Yes | No |
| Warrants | No | Yes | No |
| Spreadbetting | No | No | No |
| Volatility Index | No | No | No |
StormGain vs Other Brokers
Compare StormGain with any other broker by selecting the other broker below.
Customer Reviews
5 / 5This average customer rating is based on 1 StormGain customer reviews submitted by our visitors.
If you have traded with StormGain we would really like to know about your experience - please submit your own review. Thank you.
I had an excellent experience recovering and withdrawing funds from Stormgain.us.com. The merging of my USDT account went smoothly, the KYC verification was approved within a short time, and the withdrawal process was completed in just minutes. The system is efficient, and their response time is fast. I’ve been using Stormgain for a while, and I’ve never faced any serious issues. It’s refreshing to deal with an exchange that truly values its users and ensures their satisfaction.