WhaleClub Review, Rating and Comparison

Overview

WhaleClub Trading Accounts

Rank
2.5/10
Based on 4 Reviews
Position in Rating
126
Since 27 June, 2017
Vote
Company Reviews
«I Trust» 0% (0) Standart 100% (4) «Scam Alert» 0% (0)
Official Name
WhaleClub
Headquarters
Hong Kong
Offices in
Hong Kong
Year founded
2014
Official Website
Official e-mail

Whaleclub is a trading platform that allows anyone to trade in financial markets with the help of digital currency. This trading platform, fully used by digital currency, can operate at much lower costs than traditional alternatives. Such savings can be transferred to customers in the form of low spreads and zero payment for execution. Whaleclub provides significantly better experience in trading instant deposits using digital currency instead of fiat and excellent technology created from the ground up, low waiting time, access to the world market from over 190 countries, inexpensive spreads, complete confidentiality, and exceptional customer service.
Features:

  • Very tight spreads    
  • No fees and commissions    
  • Demo account    
  • No minimum deposit requirements
     
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Rating chart

Detailed Information

Min. Position Size, lot:
0
Min. Account Size, $:
1
Max. Leverage
1:200
Spread:
Payment Options:
Bitcoin
US Traders:
Demo Platforms:
Own platform
Website Languages:
English
Support Languages:
English, Chinese
Support Methods:
Email, Live chat, Web Form
Trading Server Timezone:
GMT
Standard
Min. Position Size, lot:
0.01
Min. Account Size, $:
1
Maximum leverage, 1:
200
Spread Type:
Fixed
Typical spread on EUR/USD, pips:
0.0
Min. spread on EUR/USD, pips:
0.0
Trading Instruments:
Bitcoin Index — 1:20
Forex — 1:200
Stocks — 1:15
Indices — 1:25
Trading Platforms:
Own platform
Currencies:
United States Dollar, Bitcoin
Digits after the decimal point in quotes:
5
Additional Features:
  • Scalping
  • Expert advisors

WhaleClub Reviews

avatar
11 June, 2018

Jesse Raider from France

7

I've never had an issue with Whaleclub. Have been trading for over 2 years. Spreads are pretty tight on FX which is nice. Crypto spreads are higher but still lower than any other CFD platform I've used.

avatar
20 March, 2018

Alex from Poland

1

This broker is a complete scam. I worked long time and when i could star withdrawal funds they didnt allow me. I send them few mails about this but got no answer what so ever. It's a scam, other people complain about this as well.

avatar
31 October, 2017

Mark Williams from United States of America

1

** I'd like to clarify this is based solely on my personal experience, and my intention is to help people that are new to the cryptocurrency trading environment providing an unbiased and objective review. My experience with Whaleclub.co was not good. Terrible to be honest. Here are some of the problems I had: The platform did not worked properly (although I believe they’re working on it); most of the basic tools/features are not available or do not work as intended; charts cannot be saved (that’s a big issue) and no support responses. If these were the only issues it would not be a big deal, however a tricky thing (shady perhaps) made me lose money. I've lost 32% of my account value due to - to say ate least - abusive fees on ETH/USD market. On the fees page there's a misleading information stating 0.05% financing rate is applied daily. On a separate page there are the actual financing percentages (which for cryptocurrencies are 320x higher than what is "advertised”). Of course all information is there and the exchange is free to charge whatever they want, but I don't see how this could be profitable for any trader, even day traders. Anyway there are several good, trustworthy exchanges that are much more honest and clear about their fees, so avoid this kind of situation and stick with the most popular ones (it’s safer, believe me).

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