Bitteks is a global brand and a well-known name in the Forex industry. It provides cutting-edge trading tools and an excellent trading platform. According to their words, you can be in control all the time, because they will provide a web-based trading platform that you can use on every device. Here, you will be able to trade CFDs on Forex, Stocks, Cryptocurrencies, Indices and Commodities and all of that with competitive pricing and fast execution.
As you can see, this broker has it all and if all those claims are true, we will have one great broker. Unfortunately, oftentimes things end up being completely different from what the broker promises, so let’s not waste any more time and go straight to account types. This time, the first thing we want to see is if the trading conditions are good enough for you to open an account here.
What this broker provides are four different account types. This selection is great and we can tell from the first glance that each client will find something suitable, no matter the experience. There is a Silver account, Gold, Platinum and VIP and the biggest difference is the minimum deposit requirement.
If you want to start slow, you can deposit just 250 EUR and become a Silver member. This account will give you an option to trade with over 200 tradable assets, you will have a market review and leverage up to 1:100. It’s more than clear that an offer like this won’t satisfy the needs of experienced traders, but if you are just stepping into the Forex world, this will be enough.
With the Gold account, you need to deposit 10,000 EUR or more, but compared to the Silver account, this one will give you great opportunities. For example, dedicated senior account manager, bonus funds, gold spreads, leverage up to 1:200, trade room analysis (tier 3), financial planning, risk management planning, special venture promotions and monthly webinars. Needless to say, trading conditions like this are excellent and we cannot wait to see what clients can get in the Platinum and VIP account.
If you choose the Platinum account, you can have leverage up to 1:300, trading signals, tier 2 trade room analysis, weekly webinars, private analyst sessions, and level 2 prioritized withdrawal process. As you can see, things are similar to the Gold account but improved. The main difference is that you need to deposit 50,000 EUR or more.
Lastly, there is a VIP account. This is the type of account that works on the invitation-only principle and if you want to be a VIP member, you already need to be a Bitteks client. After that, you can talk to your account manager and upgrade any account you have to VIP. Since this is an exclusive account, you will have a complete offer that Bitteks provides. Leverage up to 1:400, complete access to trade room analysis, webinars, access to lucrative VIP events, level one prioritized withdrawal process, etc. Everything that you can imagine will be at your disposal and if you are considering upgrading your account to VIP, we advise you to do so.
Education is an extremely important part of each Forex broker. If you want to make successful decisions, you will have to continuously improve your knowledge and the best way to do that is to find a broker who will provide you with a good knowledge base.
Bitteks is one of those brokers that will give you all you need, to gain new skills. From eBooks to video lessons. It doesn’t matter how experienced you are, as long as you are willing to learn, you will find something here.
For visitors, Bitteks provided different eBooks that you can read even if you do not have an account. From beginner’s strategies to advanced technical analysis, everything is available and if you want, you can read all of them.
For clients, there is a special part that is dedicated to webinars and personalised coaching. Of course, depending on the account, you will have different amounts of webinars but either way, you will learn a lot here. We were more than satisfied with the offer and if you open an account here, make sure to use every single educational material that Bitteks offers.
The technology part includes a lot of different things, from web design to the trading platform. Today, we won’t spend our time on the design, since that depends on a personal preference, but we can say it’s neat and practical. You will find every information within seconds and that’s all we ask for.
When it comes to the trading platform, it’s a web-based one. You will have all the necessary tools and once you visit that page in the main menu, you will be able to do everything from there. From account management to customising the chart. This platform is fully adaptable to your preferences and you can arrange every detail as you wish.
We had a very pleasant experience with the trading platform that Bitteks offers. First of all, it’s so user-friendly that we didn’t need any assistance, even though that was our first time trading with this broker. We did customise the platform, just to see how everything works, and let us tell you, it was great. We spent way more time customising it than we expected, just because it was so interesting. So, our advice is to visit the platform and try it out before you open an account, we are certain you will like what you see.
If you ask us, responsive support is a must and every broker needs to provide it. Whether it’s an online form or phone number, agents need to be responsive. Bitteks will give you four different options for contact: Live Chat, online form, email and phone number. You can choose the option that you like and that’s it.
We decided to go with the Live Chat method, to see if we can count on real people or chatbots. And we were pleasantly surprised. An agent welcomed us almost immediately and patiently replied to all those questions that we had. Our experience was very positive and if you have any issues, don’t hesitate to reach out to them.
As a funding method, you can use Credit Card, Bank Wire and Bitcoin transfers. Deposits are always instant and there are no fees for them, but withdrawals take seven to ten business days and you will have to pay a 1% fee.
What you need to know is that withdrawals depend on the account you have. So, it can happen that you don’t wait at all if you have a VIP account and a prioritized withdrawal level one. If you dislike waiting, make sure to choose a proper account that will include benefits like this.
In the end, we can say only one thing — Bitteks is a safe place for trading and if you are having second thoughts, we advise you to open an account here. You will have a great education, support from Monday to Friday and excellent trading conditions. Basically, that’s everything one trader needs.