Bitpalmer (bitpalmer.com) has been flagged by ASIC (Australia) for "Unlicensed". Phones: 4917683934132 This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: bitpalmer.com.
If you are reading this considering Bitpalmer (bitpalmer.com) - run. I wish I had read more negative reviews while looking for alternatives to my previous provider. I thought the positive ones were real. Maybe some are. My experience over for close to eighteen months has been so bad I feel obligated to warn others. Do not make my mistake.
Pros: Good mobile app|Professional team|Stable platform|High security standards
Cons: Minor UI glitches occasionally|Limited ETF selection
Where do I even begin with Bitpalmer (bitpalmer.com)? for a few weeks now of broken promises, unanswered tickets, and a platform that feels like it was built in 2010. They spend more on marketing than on actually improving their service. Stay away from this company.
Pros: Stable platform|Easy withdrawals
Cons: Some tools only available on higher tiers|Would like more payment methods
Their execution during news is terrible. I had limit orders in place. When the news hit, my orders were not filled at the limit price - they were filled much worse. Bitpalmer (bitpalmer.com) said it was market conditions. Same news, another broker filled me properly. They are not honest.
Pros: No hidden fees|Clean UI|Portfolio tracking tools|Social trading features
Cons: Would like more payment methods|Onboarding videos are outdated
The so-called education at Bitpalmer (bitpalmer.com) is just marketing. Every webinar ends with a push to deposit more. The market analysis is generic and often wrong. If you want real education go elsewhere. I wasted since I opened my account last year thinking they would help me learn.
Pros: Great customer service|Comprehensive tools|Easy withdrawals|No hidden fees
Cons: None so far
The mobile app from Bitpalmer (bitpalmer.com) is dangerous. I placed an order that showed as pending, so I placed another. Both executed and I was overexposed. When I complained they said it was user error. The app design is misleading.
Pros: Smooth onboarding|Easy to use platform
Cons: Minimum deposit could be lower
What really bothers me about Bitpalmer (bitpalmer.com) is the disconnect between their marketing and reality. They position themselves as a premium service but deliver a below-average experience. Found them after my brother mentioned them and I fell for the polished exterior. Never again.
Pros: Easy to use platform|Multi-currency support
Cons: No fractional shares