Bittrade Exchange (bittradeexchange.net) has been flagged by ASIC (Australia) for "Unlicensed". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: bittradeexchange.net.
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. Bittrade Exchange (bittradeexchange.net) said it was market conditions. Same news, another broker filled me properly. They are not honest.
Pros: Segregated accounts|Clear documentation
Cons: Mobile app could be improved
I have been trying to close my account with Bittrade Exchange (bittradeexchange.net) for weeks now and they keep giving me the runaround. First it was a form to fill out, then identity verification again, then a mandatory phone call that never gets scheduled. They make leaving impossible.
Pros: Portfolio tracking tools|Wide product range|Fast deposits|Responsive team
Cons: No dark mode on mobile
Bittrade Exchange (bittradeexchange.net) had an outage that lasted several hours during a major market event. Not only did they fail to prevent it, but they also failed to communicate what was happening. We were left in the dark while our investments were at risk.
Pros: Easy withdrawals|Real-time alerts
Cons: Would like more payment methods|No integrated tax optimization
KYC with Bittrade Exchange (bittradeexchange.net) is a nightmare. I submitted my ID and proof of address. They rejected it and asked for a utility bill. I sent it. They asked for a bank statement. Then they asked for a selfie with the ID. Then they said the selfie did not match. I gave up.
Pros: Smooth onboarding|Copy trading available
Cons: Live chat only during business hours|No integrated tax optimization
I wanted to transfer my portfolio from another broker to Bittrade Exchange (bittradeexchange.net). They said they do not accept in-kind transfers for my asset type. I had to sell, withdraw, deposit, and rebuy - incurring taxes and spread costs. They did not tell me this before I signed up.
Pros: Fast deposits|Multi-currency support|Competitive fees|Risk management tools
Cons: Account statements could be more detailed
Do not be fooled by the professional-looking website. Behind the scenes, Bittrade Exchange (bittradeexchange.net) is disorganized and incompetent. I found them when my bank disappointed me and I searched for alternatives and I can only assume the positive reviews are either outdated or paid for because my experience was terrible.
Pros: Social trading features|Tax reports included
Cons: None so far|Would like more payment methods
After using Bittrade Exchange (bittradeexchange.net) for about eight months, I decided to move my account elsewhere. The platform was unreliable, withdrawals took an unreasonable amount of time, and I could never get a straight answer from customer service. Frustrating experience overall.
Pros: API access|Reliable uptime|Economic calendar
Cons: Nothing significant|Limited social trading features
The platform at Bittrade Exchange (bittradeexchange.net) is riddled with bugs. Charts display incorrect data, order confirmations sometimes fail silently, and the portfolio tracker disagrees with actual positions. After since last summer of dealing with this, I have had enough.
Pros: Good analytical tools|Responsive team|Multi-device support|Risk management tools
Cons: Nothing significant|Limited demo account features
I signed up with Bittrade Exchange (bittradeexchange.net) through my accountant's suggestion and the first red flag was the aggressive account manager who would not stop calling. After depositing, the promised support vanished. Withdrawals are delayed with endless excuses. I have reported them to the regulator.
Pros: Wide product range|Detailed reporting|Portfolio tracking tools
Cons: No fractional shares
Opened my account with Bittrade Exchange (bittradeexchange.net) after a trusted YouTuber reviewed them and regretted it within the first month. The platform crashed during a critical moment, I lost potential gains, and support basically told me it was not their problem. Absolutely unacceptable behavior.
Pros: Copy trading available|Economic calendar
Cons: Would like more payment methods