Bitteks Broker Review 2021
When it comes to Forex trading, competition is bigger than you can imagine. You can find so many brokers online and while that sounds like an excellent thing, oftentimes it’s not. First of all, you need to be an expert to know how to choose. Second, even if you are an expert, nobody can guarantee that you will recognize a legitimate broker over the scam one.
That said, the whole purpose of our reviews is to make things easier for traders. Even if you do not have a single day of experience, you can still read as many reviews as possible and see what others think about that specific broker.
Today, we will talk about Bitteks. A Forex broker created by traders, for traders. So, what can you expect from Bitteks? The best trading experience with access to the global Forex trading market and intuitive platform options. Also, education will be provided so you can improve your skills while you are trading. To be honest, this broker promises so many more things, but if those that we mentioned turn out to be true, we don’t need anything else.
Tradable Assets at Bitteks
When it comes to tradable assets, Bitteks offers over 200 of them. The best thing of all, this broker will provide you with different asset classes, so you can choose between Forex, Cryptocurrencies, Stocks, Commodities and Indices.
The best way to learn all about tradable assets that are offered is to go to the Asset Index page and see the complete list. What we can tell you is that no matter the account, you can choose from the complete list.
Bitteks Trading Platform Features
The trading platform is a part of the service that we love to review first. Simply because it’s the place where you will spend the majority of your time. At Bitteks the platform is web-based which automatically saves you some time since you don’t have to download any app.
There isn’t a possibility to trade on MetaTrader, so if you are used to that, you might end up disappointed. Our impressions are very positive since we like to find unique and custom-made solutions.
This platform is divided into three parts and they are all equally important. The first part has things such as positions and closed positions, buttons for deposit, withdrawal and account statement. In other words, you will be able to manage your account from here, without leaving the trading platform page.
The second part is a list of tradable assets. They are divided into asset classes and once you decide which one you want, press on Indices, Stocks, Forex, Crypto or Commodities. A list will appear and you can choose the asset you prefer.
Lastly, once you select the desired asset, the third part of this trading platform will show you a chart with sell rate, price indicators, trading hours, etc. Every detail is provided and now it’s more than evident that this broker is founded by professionals. You need to be an experienced trader to know exactly what people need.
From us, Bitteks will get a straight ten for the trading platform. It has everything, it’s optimised and you can use it on every device and most importantly, there are no interruptions.
Account Types Offered at Bitteks
Like any other professional broker, Bitteks offers multiple account types, so clients can choose according to their experience. We have a Silver account that is the smallest one and it requires a deposit of just 250 EUR. You won’t get all the benefits here, of course, but you can count on a full list of tradable assets, market review and leverage up to 1:100.
If you think that all of this won’t satisfy your needs, a Gold account might be a better option. You have to deposit at least 10,000 EUR and you will get a dedicated account manager, bonus funds, gold spreads, leverage up to 1:200, tier 3 trade room analysis, financial planning, risk management planning, special venture promotions, monthly webinars and level three prioritized withdrawal level.
The Platinum account is third on the list and it requires 50,000 EUR as a minimum deposit. Of course, the benefits that you receive here cannot be compared to the previous accounts and that’s exactly why this is one of the highest accounts on offer. Leverage is up to 1:300, you will get trading signals, weekly webinars, private analyse sessions and a prioritized withdrawal process.
As a last option, you have a VIP account, but this is not the regular one. This is an invitation-only account, which means that you need to have an account, trade for some time and upgrade that account to VIP.
Withdrawal and Deposit Methods at Bitteks
Smooth transactions are one of the most crucial steps in the Forex market and we are glad to see that Bitteks understands that. Deposits are instant here, and you can choose one of the three methods that are available: Credit Card, Bank Wire or Bitcoin Transfer. It’s totally up to you to make that decision but keep in mind that you need to use the same method for withdrawals. So, choose wisely.
The withdrawal process takes a while, but it’s not complicated at all and that’s great news. The minimum withdrawal amount is 100 USD/EUR/GBP and the withdrawal fee is just 1% (minimum of 30 USD/EUR/GBP). Every time you make a request, that amount will be automatically deducted from your account. The waiting time depends on the account you have, but don’t worry, even if you choose the smallest account, you will wait up to ten working days.
As you can see, the whole process is fast and won’t require much effort. Your job is to make a request, send documents for verification and wait for them to do the rest. After that, money will be in your bank account.
Is Bitteks Team Helpful?
A neatly done FAQ Page will provide you with most inquiries that you might have, so before you reach out to someone, check if the answer is there. This is the fastest and easiest method to receive an answer. If your concern is not in there, don’t worry, there is a customer support centre and it works flawlessly.
The methods that you can use are phone lines, online form, email and Live Chat. This is more than enough, and you can choose them depending on how fast you need an answer. Our favourite method is Live Chat, without any doubt. Here, we can test the responsiveness, but we can also see how knowledgeable agents are and whether they know how to provide a proper answer.
As usual, we sent a message and received an answer within a few minutes. There is not much to be said, except that we were very satisfied. An agent was very polite, we received all the information and there was nothing more to ask. So, a big plus for customer support goes to Bitteks.
Shall I Trade with Bitteks?
As our final statement, we can say that Bitteks stands out with its massive selection of tradable assets but that’s not the only thing this broker provided. We feel a need to emphasize how good the education section is. So, every client who starts trading with this broker will be able to enjoy many benefits alongside the high-quality education. This means that you will not only trade but improve your skills as well and that is always a win-win combination.