Hong Kong, China
Trade with Digital Currency.
24-hour trade volume
190 Countries Worldwide
I love the design of Whaleclub. Their trading interface packs a ton of information and useful tools into a tiny space. You can tell from the simplicity of their navigation that they really took the time to create a user-friendly experience. Plus, it’s mobile friendly in addition to Whaleclub offering iOS and Android apps.
Sort of – The interface if very beginner friendly if you’re familiar with other trading platforms. So for beginning traders, it’s a very friendly platform, however, if you’re like me and have zero trading experience there’s definitely a learning curve. Luckily the chat experience is awesome and I’ve learned a ton from other users in the chat.
Yes – The help center contains guides and documentation on a variety of topics, but it’s much more efficient to just ask users in the chatroom
TBD – So far I haven’t needed customer support for any issues. I’ve submitted a support request and will update as soon as I hear back.
No Verification Required – Simply create a new account and you’re ready to start trading.
Yes – via Google Authenticator
No – I couldn’t find any documentation suggesting that funds are insured.
Yes – all account funds are stored offline using cold storage and geographically distributed in vaults around the world.
Yes – AES 256 Encryption (aka the best of the best)
Payment & Fees
Spread Only – Whaleclub does not charge any fees on trade execution. The business is based on a pure exchange model outlined below:
Deposits are only accepted in BTC and DASH. There are no deposit fees.
Yes – Fees are applied to each withdrawal to supposedly help cover mine fees associated with blockchain transactions. Whether or not that’s true is up to debate.
Yes – Financing fees are calculated hourly based on the size of your position multiplied by the market daily rate divided by 24 (to give you an hourly rate).
Accepted Payment Methods
Crypto Only – BTC & DASH
Excellent – haven’t had any issues whatsoever.
Yes – Android & iOS
- Crude Oil (Brent)
- Crude Oil (WTI
- Natural Gas
- Goldman Sachs
- JP Morgan
- FTSE 100
- Nikkei 225
- Russel 2000
- S&P 500
- US 10Y T-Note
- US 2Y T-Note
- US 5Y T-Note
- US T-Bond
Margin Trading & Leverage
Up to 200x leverage on forex and 50x leverage on stocks, commodities, and cryptocurrencies.
Stop Loss, Take Profit, Split, Trailing Stop
Yes – Fully-customizable charts, time intervals, drawing tools, and indicators
Live news, forecasts, and market updates