StormGain Review – Online Platforms, Commission, Leverage, Account Types, Features & more
Last Updated Date: Dec 02, 2022StormGain has been a new player in the market when it comes to Cryptocurrency trading. It is a company meant for new-age traders with fresh ideas and implementation.
The company has just incorporated last year and already has a client base of more than 120,000 trades.
This speaks a lot of volumes about the operating model the company is following right now.
Now about the company highlights; it offers up to 200x multiplier when trading with 6 major cryptocurrencies.
StormGain’s fee structure is relatively low compared to most companies of similar attributes. Also, they are offering a Demo account with 50,000 USDT with practically nothing to lose.
In this article, we will learn more such intricate details and, also the entire operating model of the company.
About StormGain & Accepted Countries
Registered in Saint Vincent and the Grenadines in 2019, StormGain is cryptocurrency trading, first and foremost, which also offers a few more financial assets.
The company has its virtual existence in over 100 countries and manages to scavenge more than 120,000 clients, which itself is a testament to its staggering success.
One of the concerning factors, if you are considering StormGain, is that the company couldn’t manage to find a regulator as of now. So, there is always a concern about its legitimacy and its security.
Then again, the company has been in operation for just over a year, so, they will eventually find one soon.
Some of the most significant countries that the company has been operating in are Canada, South Africa, Germany, Australia, United Kingdom, India, and many more.
| Founder / CEO | Alex Althausen |
| Established Year | 2019 |
| Publicly Traded | No |
| Total Employees | 0-50 |
| Regulations | None |
| Headquarter | London, England. |
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StormGain Trading Platforms
A Trading platform is what most modern-day traders show a keen interest in. StormGain understands this part but also bothered about the data security aspect.
That is the reason they designed a proprietary trading Terminal instead of any 3rd-party application like MT4, or MT5.
Yes, it has its limitation but covers all the basics of online trading. Of course, there are tons of features in-built that we will address down below:
- The first thing that any trader will notice is the clean UI that the platform is offering. Navigation is easy, and you can quickly find every trading option. In short, the application is user-friendly.
- There are 9 different time frames that you can choose from. So, if you are a trader, you can utilize tons of charting tools available in the platform, you can use them to observe market trends and also the price movements, while you can see them in full-screen.
- You can use Ichimoku Cloud, Stochastics, 40 different technical indicators, to anticipate your trading moves.
- There are 10 distinct languages on which you can access the trading platform.
- If you are a new trader, you can use the available tutorials, chats, and videos to sharpen up your trading skills.
- Last but not least, registration and setting up this trading platform is easy and quick.
Trading Platform Stormgain Desktop Platform – Windows Yes Desktop Platform – Mac Yes Desktop Browser Platform Yes Mobile Site Platform Yes Android App Platform Yes iOS App Platform Yes Windows App Platform No Other Mobile OS Platform No Real-time Updates Yes Portfolio Details Yes Research Reports Yes Global Indices Yes Personalized Advisory Yes Interactive Charts Yes Live Markets Yes Multi-Account Management Yes Trading Platform Supported Languages English, Hindi, French, Spanish, And More
StormGain Mobile App
StormGain highly emphasizes its mobile trading app, which they believe is the primary platform to appeal to more clients.
The app is proprietary, and all the features are very thought out. Now, let us know more about the app in the following points:
- The mobile app is available for Android as well as Apple users. Now, for the Android users, you can go to the Google PlayStore to get the app, and as for the iOS users, they can grab it on the Apple Store. However, the app’s downloadable file is available on the official site’s homepage.
- Just like the trading Terminal that StormGain is offering, the mobile trading app also consists of every single feature. Mobility factor is added here; so, you can trade from anywhere using the app.
- You can seamlessly perform cryptocurrency trading. That also includes exchanging and storing assets.
- You can use various trading signals, charts, and all the technical analysis tools, which you can assess anytime in a day.
- One of the unique features available in the StormGain mobile app is crypto mining.
- Of course, just like in the Terminal, account creating and setting up is nice and easy, and it doesn’t take much time.
Check out Mobile Apps of more Forex Brokers
StormGain Commission or Brokerage or Fees
Let us just follow a simple table to understand the commissions the company is charging for Crypto Exchanges:
| Instrument | Min Exchange Size | Commission |
| BCHBTC | 0.00000001 BCH | 0.25% |
| BCHUSDT | 0.0001 BCH | 0.095% |
| BTCBCH | 0.00000001 BCH | 0.25% |
| BTCETH | 0.000000001 ETH | 0.25% |
| BTCLTC | 0.00001 LTC | 0.25% |
| BTCUSDT | 0.00001 BTC | 0.095% |
| DASHUSDT | 0.001 DASH | 0.25% |
| ETHBTC | 0.000000001 ETH | 0.25% |
| ETHUSDT | 0.0001 ETH | 0.095% |
| LTCBTC | 0.00001 LTC | 0.25% |
| LTCUSDT | 0.001 LTC | 0.095% |
| USDTBCH | 0.0001 BCH | 0.095% |
| USDTBTC | 0.00001 BTC | 0.095% |
| USDTDASH | 0.001 DASH | 0.25% |
| USDTETH | 0.0001 ETH | 0.095% |
| USDTLTC | 0.001 LTC | 0.095% |
| USDTXLM | 0.1 XLM | 0.25% |
| USDTXRP | 0.1 XRP | 0.095% |
| USDTZEC | 0.001 ZEC | 0.25% |
| XLMUSDT | 0.1 XLM | 0.25% |
| ZECUSDT | 0.001 ZEC | 0.25% |
Also, take a look at the various crypto trading commissions in the following table:
| Instrument | Max Mult | Min Mult
|
Commission (avg.) | Swap Buy (daily rate) | Swap Sell (daily rate) |
| ETCUSDT | 50 | 5 | -0.04% | -0.029% | 0.003% |
| ZECUSDT | 50 | 5 | -0.04% | -0.029% | 0.003% |
| ADAUSDT | 50 | 5 | -0.04% | -0.029% | 0.003% |
| EOSUSDT | 50 | 5 | -0.04% | -0.029% | 0.003% |
| NEOUSDT | 50 | 5 | -0.04% | -0.029% | 0.003% |
| IOTUSDT | 15 | 5 | -0.04% | -0.029% | 0.003% |
| QTMUSDT | 50 | 5 | -0.04% | -0.029% | 0.003% |
| TRXUSDT | 50 | 5 | -0.04% | -0.029% | 0.003% |
| XMRUSDT | 50 | 5 | -0.04% | -0.029% | 0.003% |
| XLMUSDT | 50 | 5 | -0.04% | -0.029% | 0.003% |
| DASHBTC | 50 | 5 | -0.04% | -0.029% | 0.003% |
| DASHUSDT | 50 | 5 | -0.04% | -0.029% | 0.003% |
| BSVUSDT | 50 | 5 | -0.04% | -0.029% | 0.003% |
| XTZUSDT | 50 | 5 | -0.04% | -0.029% | 0.003% |
| LNKUSDT | 50 | 5 | -0.04% | -0.029% | 0.003% |
| ATMUSDT | 50 | 5 | -0.04% | -0.029% | 0.003% |
| MKRUSDT | 50 | 5 | -0.04% | -0.029% | 0.003% |
| ONTUSDT | 50 | 5 | -0.04% | -0.029% | 0.003% |
| LTCUSDT | 100 | 5 | -0.04% | -0.029% | 0.003% |
| BTCUSDT | 200 | 5 | -0.04% | -0.029% | 0.003% |
| CryptoIndex5 | 100 | 5 | -0.04% | -0.029% | 0.003% |
| CryptoIndex3 | 100 | 5 | -0.04% | -0.029% | 0.003% |
| CryptoIndex10 | 100 | 5 | -0.04% | -0.029% | 0.003% |
| LTCBTC | 50 | 5 | -0.04% | -0.029% | 0.003% |
| ETHBTC | 50 | 5 | -0.04% | -0.029% | 0.003% |
| BCHBTC | 50 | 5 | -0.04% | -0.029% | 0.003% |
| YFIUSDT | 50 | 5 | -0.04% | -0.029% | 0.003% |
| UMAUSDT | 50 | 5 | -0.04% | -0.029% | 0.003% |
| COMPUSDT | 50 | 5 | -0.04% | -0.029% | 0.003% |
| SNXUSDT | 50 | 5 | -0.04% | -0.029% | 0.003% |
| DOTUSDT | 50 | 5 | -0.04% | -0.029% | 0.003% |
| VETUSDT | 50 | 5 | -0.04% | -0.029% | 0.003% |
| UNIUSDT | 50 | 5 | -0.04% | -0.029% | 0.003% |
| ZRXUSDT | 50 | 5 | -0.04% | -0.029% | 0.003% |
| BCHUSDT | 100 | 5 | -0.04% | -0.029% | 0.003% |
| ETHUSDT | 100 | 5 | -0.04% | -0.029% | 0.003% |
| XRPUSDT | 50 | 5 | -0.04% | -0.029% | 0.003% |
StormGain Exposure or Leverage
The leverage ratio is one of the company highlights – up to 200x. However, one thing that you should be cautious about is the more the leverage is, the more chance you can suffer a loss.
So, play to your limit with proper understanding.
| Maximum Leverage | Up to 1:200 |
Payment Methods provided by StormGain
StormGain accepts depositing funds using either Debit or Credit cards. Now, you should know there are fees to make a deposit, which vary from one currency to another.
Also, there is a minimum and a maximum deposit limit which you should also consider. So, we have prepared a list for you:
| Currency | Deposit commission | Min. commission | Min. amount of deposit | Max. amount of deposit |
| USD | 5% | 10 USD | 50 USD | 20 000 USD |
| EUR | 5% | 10 USD | 50 EUR | 20 000 EUR |
| AUD | 5% | 10 USD | 70 AUD | 50 000 AUD |
| CHF | 5% | 10 USD | 50 CHF | 20 000 CHF |
| CZK | 5% | 10 USD | 1000 CZK | 1 000 000 CZK |
| DKK | 5% | 10 USD | 350 DKK | 200 000 DKK |
| GBP | 5% | 10 USD | 40 GBP | 20 000 GBP |
| HUF | 5% | 10 USD | 15 000 HUF | 20 000 000 HUF |
| KRW | 5% | 10 USD | 60 000 KRW | 100 000 000 KRW |
| ILS | 5% | 10 USD | 200 ILS | 100 000 ILS |
| NOK | 5% | 10 USD | 500 NOK | 500 000 NOK |
| NZD | 5% | 10 USD | 80 NZD | 50 000 NZD |
| PLN | 5% | 10 USD | 200 PLN | 200 000 PLN |
| RUB | 5% | 10 USD | 3000 RUB | 10 000 000 RUB |
| SEK | 5% | 10 USD | 500 SEK | 500 000 SEK |
| TRY | 5% | 10 USD | 300 TRY | 500 000 TRY |
| ZAR | 5% | 10 USD | 800 ZAR | 1 000 000 ZAR |
Bank Transfers as Payments & Withdrawals
Now, you can also use bank transfers to make a payment. We suggest you follow the table for more information about the commissions they charge:
| Currency | Min. amount of deposit | Deposit fee | Min. amount of withdrawal | Fixed withdrawal fee* | Additional withdrawal fee |
| USDT | 1 USDT | 0.00% | 50.0 USDT | 5 | 0.1% |
| BTC | 0.0002 BTC | 0.00% | 0.0059 BTC | 0.0006 | 0.1% |
| BCH | 0.006 BCH | 0.00% | 0.15 BCH | 0.00039 | 0.1% |
| ETH | 0.01 ETH | 0.00% | 0.3 ETH | 0.014 | 0.1% |
| LTC | 0.03 LTC | 0.00% | 0.8 LTC | 0.0018 | 0.1% |
| XRP | 7 XRP | 0.00% | 240.0 XRP | 0.371 | 0.1% |
| DASH | 0.014 DASH | 0.00% | 0.7 DASH | 0.002 | 0.1% |
| ZEC | 0.016 ZEC | 0.00% | 0.8 ZEC | 0.002 | 0.1% |
| XLM | 12 XLM | 0.00% | 600 XLM | 0.04 | 0.1% |
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Investment in Asset Classes or Markets by StormGain
Since StormGain is so far a crypto-trading company, Cryptocurrencies are the only forms of assets they deal with.
Now, they do offer trades on 20+ cryptocurrency futures contracts. The likes of DASH/BTC and NEO/USDT are the two best examples.
Apart from that, you can trade on 6 major cryptocurrencies – Bitcoin, Bitcoin Cash, Tether, Litecoin, Ethereum, and Ripple.
| Currencies Trading | Yes |
| Commodities Trading | No |
| Indices Trading | No |
| Stocks Trading | No |
| Cryptocurrency Trading | Yes |
| ETF’s Trading | No |
| Bonds Trading | No |
| FUTURES Trading | No |
| OPTIONS Trading | No |
| Supported Cryptocoins | USDT, Bitcoin, Bitcoin Cash, Litecoin, and Ripple |
| Total Tradable Assets | NA |
| Number Of Currency Pairs | NA |
| Number Of Cryptocurrencies | 6 |
| Number Of Stocks | NA |
| Number Of Indices | NA |
| Number Of Commodities | NA |
| Number Of Futures | NA |
| Number Of Options | NA |
| Number Of Bonds | NA |
| Number Of ETFs | NA |
StormGain Virtual Trading Account or Demo Account
If you are new to crypto-trading, StormGain is an ideal solution for you as they offer a fully functional Demo account.
The main highlight of the account is a virtual fund of 50,000 USDT. Using that, you can practice trading cryptocurrencies and learn their real-life scenarios.
One other significant aspect is the account doesn’t have an expiration period, and you can quickly switch to a real-time account.
| Virtual Money | $ 5000 |
| Charges | Free |
StormGain Offers or Deals
There are 3 kinds of promotional offers that the company is providing – Royalty Programmes, Referral Program, and Interests on Deposits.
Now, for the Royal Programme benefits, we will discuss while we talk about the account types.
As for the referral benefits, it is a straightforward way when you refer someone, and that person joins the company, and deposit funds, you will get referral bonuses.
As for the last offer, you will get no interest while you are on the standard account.
The interest rate starts from the Gold account, where the company provides 3%. As for the Platinum and Diamond accounts, you will get 4% and 8%, respectively.
Now, there are 3 kinds of VIP accounts – VIP, VIP 2, and VIP 3. For those accounts, you will get 10%, 11%, and 12% interests respectively.
| Free Learning Courses | Yes |
| Free Demo Account | Yes |
| Discount on Brokerage | Yes |
| Flexible Brokerage Plans | Yes |
| Referral Offers | Yes |
| Forex Trading Contest | No |
| Trading Bonuses & Rewards | No |
StormGain Regulation or Licensing
As of now, there are no official regulators for StormGain. However, since the company deals will cryptocurrency, it is a Blockchain Association member.
Now, the institution regulates every company that deals with digital financial assets.
| Regulations | None |
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StormGain Features
Since the company is relatively new, it is in the process of setting up everything it needs.
Therefore, you should be tolerable when they are not offering a whole heap of features that most experience companies provide.
However, the trading platforms are robust, and the fee structure, even though has several layers, is still beneficial for serious traders.
StormGain also offers a proprietary tool known as “Cloud Miner.” It mines cryptocurrencies while operating remotely using the cloud server.
So, it will not drain your phone’s batteries that much and can yield decent coins – 10 USDT per 4 hours.
| Educational Services | Yes |
| Social Trading / Copy Trading | Yes |
| Trading Signals | Yes |
| Email Alerts | Yes |
| Guaranteed Stop Loss | No |
| Guaranteed Limit Orders | No |
| Guaranteed Fills / Liquidity | No |
| OCO Orders | Yes |
| Trailing SP/TP | No |
| Automated Trading | Yes |
| API Trading | Yes |
| VPS Services | No |
| Trading From Chart | No |
| Interest On Margin | No |
| Offers Hedging | Yes |
| Offers Promotions | Yes |
| One-Click Trading | Yes |
| Expert Advisors | Yes |
| Other Trading Features | No |
StormGain Account Types
StormGain offers a catalog of accounts, segregated with packed offers. So, we have crafted a table for you to explain:
| Standard | Gold | Platinum | Diamond | VIP | 2nd VIP | 3rd VIP | |
| Trading and exchange volume | N/A | 150,000 USDT | 750,000 USDT | 2,500,000 USDT | 7,500,000 USDT | 15,000,000 USDT | 75,000,000 USDT |
| Annual interest rate receivable | N/A | 3% | 4% | 8% | 10% | 11% | 12% |
| Bonus for deposit | N/A | 5% | 8% | 12% | 15% | 18% | 20% |
| Exchange commission | 0.095% | 0.085% | 0.08% | 0.075% | 0.07% | 0.065% | 0.06% |
| Trading commission discount | N/A | 5% | 8% | 15% | 20% | 30% | 40% |
| Mining speed | ×0.5 | ×1 | ×3 | ×12 | ×38 | ×86 | ×530 |
We suggest you talk to the company executive to be sure of what you want.
StormGain Trading Account Features
Check below all the trading account features under various account types:
| Trading Desk Type | Stormgain |
| Min Deposit | 50 USDT |
| Maximum Leverage | Up to 1:200 |
| Mini Account | No |
| Premium Account | Yes |
| DEMO ACCOUNT | Yes |
| Islamic Account | No |
| Segregated Account | Yes |
| Managed Account | No |
| Institutional Account | No |
| Suitable for beginners | Yes |
| Suitable for professionals | No |
| Suitable for scalping | Yes |
| Suitable for daily trading | No |
| Suitable for Weekly trading | No |
| Suitable for swing trading | No |
StormGain – Research & Advisory
Find below all the different reports and support provided by its Research & Advisory team :
| Fundamental Reports | Yes |
| Research Reports | Yes |
| Company Reports | Yes |
| Daily Market Commentary | Yes |
| News (Top-Tier Sources) | No |
| Delko’s Research | No |
| Top Picks | Yes |
| Autochartist | Yes |
| Acuity Trading | No |
| Company Stock Review | Yes |
| Free Stock Tips | Yes |
| Webinars | No |
| Video Education | Yes |
| Economic Calendar | Yes |
| Offline Advisory | Yes |
| Relationship Manager | Yes |
StormGain Benefits
Let us discuss some of the significant benefits of joining StormGain:
- You can do seamless crypto-trading using both the trading Terminal and the mobile app.
- The company simply approaches everything. So, every solution they provide as well as the operating module is user-friendly.
- You can earn deposit bonuses depending upon the account type you choose.
- The express withdrawal facility is available.
- There is a dedicated Cryptocurrency mining tool that you can use on your mobile phone.
- The trading fees are relatively low.
StormGain Cons or Drawbacks
So far, we have found 3 major drawbacks, which are stated below:
- The company as of now is not regulated by any renowned institution.
- The research and advisory services are mostly limited.
- Unlike most companies, StormGain doesn’t own automated trading bots.
StormGain Trading Hours
StormGain support team is open 24/7. However, you must have to keep an eye on the trading hours.
But then again, crypto-markets are open on the weekends as well; so, you can trade in the weekends too.
StormGain Customer Care or Contact Details
Take a look at the following ways you can connect the support team of StormGain:
- Telephone – +248 467 19 57
- Email – support@stormgain.com
- Telegram: You can begin the discussion by clicking on the Telegram icon located on the official site.
Dedicated Dealer No Support During Weekends No Online Trading Yes 24*7 Support Yes Email Support Yes Live Chat Support Yes Customer Support Languages English, Hindi, French, Spanish, and more
StormGain Safety & Security
Since there are no conventional regulators, there is always a void with respect to securities. The platforms are well-secured with proper encryptions and 2-factor authentications.
StormGain Rating & Review by Top10StockBroker
Based on the user experience, the following rating and reviews are provided.
| User Experience | 7.5 / 10 |
| Products & Services | 7.8 / 10 |
| Brokerage Charges & Fees | 8.1 / 10 |
| Research & Advisory | 7.2 / 10 |
| Trading Platforms | 7.1 / 10 |
| Overall Ratings | 7.6/ 10 |
| Star Ratings | ★★★☆☆ |
StormGain – Conclusion or Verdict
Overall, the company is decent in whatever they are doing. Considering it incorporated last year, the growth is significant, and one can argue that it is the biggest positive of the company.
Yes, it is a risk, by people who love crypto-trading, StormGain is definitely a company worth checking.
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