- High level of privacy
- Tools rich platform
- Great UI
- Low fees
- Practice account
- A couple cryptocurrencies available only
Whaleclub is an unique trading platform which has some other than cryptocurrency trading pairs like stocks, forex, indices, etc. While being one of the biggest trading platform of its kind, Whaleclub offers to trade pairs like ETH/BTC, LTC/USD, EUR/GBP, GBP/USD, USD/JPY, also commodities such as crude oil, natural gas, silver or gold. In addition, bonds known as US 10Y T-Note, US T-Bond, or indices – NASDAQ, Nikkei 225 and much more. Stocks of the giant companies like Goldman Sachs, Apple, Coca-Cola, Facebook, Tesla, etc. There are more of them in the each category, however we didn’t list all.
Whaleclub has tons of trading tools and special features. One of it is leverage trading for up to 200 times. Also, the platform implemented markers and filters, featured graphs, even a live chat for discussing with other traders. Stop/loos, notes, sound alerts, reports exporting and much more has been implemented as well.
Withdrawals take about a whole day because of manual processing. But Whaleclub processes them on weekends and holidays though. Deposit time depends on the cryptocurrency itself – how long does it take to confirm.
Furthermore, the platform works fast, every order executes in seconds.
Whaleclub has any limits on deposits and withdrawals. However, some of them appears depending on the market and a trading pair.
Whaleclub hasn’t any limitations for the country, except when trading platform like this has some restrictions by the country.
Verification process and privacy
Since deposits can be made a cryptocurrency only, they don’t ask for any verification or paperwork. As long as Whaleclub stays in Hong Kong, users could consider their privacy as a high.
Firstly, Whaleclub works under an SSL certificate. In addition, user can turn on a Two-Factor Authentication. And finally, the trading platform stores all the assets in a cold storage. Sadly, Whaleclub doesn’t have any notifications to turn on.
For a help, Whaleclub offers three different options. First one is the help page and a FAQ. In addition, user can open a request to get additional answers.
Whaleclub is a slightly different than any other trading provider. With various trading pairs and leverage trading, the platform is attractive for professional traders who specialises in stocks, forex and other markets as well.
However, Dash and Bitcoin works for a deposit or withdrawal despite that other cryptocurrencies are included in trading pairs. And a level of security needs an improvement as there are big traders who use this platform. SMS verification or notifications would be a nice touch.
We recommend checking 1Broker as well, for an additional comparison.
Reviewed by Coinsmaniac