After searching for an online Forex trading platform that would suit my needs, I randomly came across the Bitteks platform while surfing. Its trading features immediately caught my eye, and so I decided to give it a try…
To make sure if this is the right place for me to trade on, I set a small deposit. I then opened the chart section and browsed through their assets’ list. There are options like EUR, GBP, USD, AUD, CAD, etc.
I was really happy to see that it had charts with three styles of line graphs: standard style (black lines), OHLC with candles (red and green lines), and bar-like all-time high and low prices (green and red bars). These styles will help me analyze the movement of my trades more accurately.
I also noted that they offer a wide array of technical indicators. I cannot deny that it is very useful to have these tools at hand, especially when you need them for your trading strategies.
After familiarizing myself with the layout of Bitteks, I proceeded to open my first account.
Bitteks Forex Trading Overview
For starters, on Bitteks, it is easy to create an account and even easier to fund it. In fact, their funding process is instant, with no delays whatsoever. This was very much welcome as many websites usually take nearly 24–48 hours or longer before your deposit reaches you. Also, worth mentioning is that they require a minimum deposit but (250 Euros) only.
I also like how I can deposit in two ways: by using a wire transfer or any major credit card like MasterCard and Maestro.
What is great, too, is that they provide their users with different payment methods; hence it’s easy to transfer funds into your trading account even if you don’t have a bank account.
At Bitteks, you are given the option to trade through multiple devices and platforms. You can use their mobile (iOS and Android) app, desktop platform, web interface, or even copy other trader’s trades. Bitteks also provides users with the freedom to withdraw their money whenever they want and in whichever method is convenient for them.
This way, I can trade on my laptop or even on my mobile phone when I’m not at home. I like how flexible this trading platform is as it allows me to transfer my funds instantly using the above mentioned methods anytime, anywhere.
I was able to start trading the same day that I opened an account! If you compare this with other Forex trading sites, you will find that this website’s currency exchange feature is very fast, especially for large sums of money, which many Forex traders make use of while engaging in high-volume transactions.
My Experience With Customer Service
The customer service of this trading platform is responsive and satisfactory. They reply to my emails within the day. This is because they put their customers first and are always open to suggestions or opinions that can improve their user’s experience on the website. I give them 4.5 stars for providing one of the best user experiences! Here are a few extra perks which made me even happier about trading on Bitteks…
1. They have a great setup where all the information that I need during trade, not just as an investor but also as a trader, can be found easily on their website with no delay of waiting for it to load (when I want it).
2. Their charting system is very responsive. It responds immediately to my clicks and commands on the mouse, so I don’t have to reload anything all the time.
3. Their trading platform has various features which are important and useful for analyzing market trends, be it intraday or long-term trades (like a year). I got no problem looking at different charts of assets’ performance in different time periods while still having access to other essential tools as well.
4. This trading website has many educational centers where you can read articles about how to improve your trading skills and strategies, understand what a currency pair means, learn the basics of forex currency exchange, etc.
I would say Bitteks is truly a decent place to on for all Forex traders. It is very easy to navigate and performs well in all areas of the website, not just trading but also account setup and withdrawals. I think Bitteks provides you with one of the fastest transactions on this platform.
What Makes Bitteks Trading platform Different?
I didn’t like the layout of the trading platform, but it was not hard to figure it out. The layout is outdated, but this allows you to see all the information you need in one place, so it isn’t that bad of a thing.
The trading platform is responsive and easy to use, especially if you use their mobile application while on the go since I can access my account anywhere with an Internet connection and trade anytime, I want. With a well-performing platform, I don’t have to worry about the company’s policies that can affect trading since it is very clear on what they are, so I am able to trade with peace of mind.
What Makes The Tools Innovative?
There are a lot of tools on this trading platform that is helpful for analyzing data and charting. The charts can be zoomed in and out with ease, which is great for me since I don’t have to worry about scrolling around the chart because it would make viewing the prices not very easy. But since Bitteks has various charting tools, I don’t have to worry about that.
It also has a lot of technical indicators which are really useful for analyzing data and can be applied to any type of asset in the world (Forex or stock) since it reflects the performance of each asset very well in terms of price movement. But what made Bitteks different is that it doesn’t have too many indicators, which can be confusing to users, so I like the fact that they kept it simple for a better user experience.
The design is not bad but somehow feels outdated, although this gives me the impression that it is decent since there is nothing flashy about it that may cause problems like delays.
Overall… I like the design of the website and trading platform since it is clean-cut, simple but yet functional. It has all the features that any trader needs to keep up with current market trends. I give them 3.8 stars for having a very user-friendly website!
Variety of Assets
The assets on Bitteks are mainly pairs from major currencies like USD, EUR, JPY, etc. There are also other relatively small currency pairs that you can trade with as well such as AUD/HKD or CAD/LKR, to name a few. This is quite common among Forex trading sites but what’s important is how secure their transactions are when exchanging these currencies and storing them online temporarily until it gets transferred into your bank account or added to your order.
I can trade Indices (less in quantity), Cryptocurrency pairs, Stocks, Commodities, and Forex. Though Indices are just a sample of commodities, it is still very nice to have them! I love trading with stocks like Apple, Facebook, and Google, to name a few.
Education Center (eBooks)
Bitteks’ Education Center is where you can read up on a lot of informative articles about how to trade on their site or forex currency exchange in general. They also provide webinars that are very useful for those who want to learn more as well! I think the Education Center is a great place for beginners and advanced traders alike!
I don’t like that they have eBooks for Advanced traders, but I understand that they want to promote and give importance to beginner traders as these are the ones who will most likely earn them more profit through referrals.
Bitteks offers very quick withdrawals. I can withdraw my money and receive it into my bank account in less than 12 hours usually. I have never encountered any problems with Bitteks’ withdrawal process; everything works out fine every time, so I never have to worry about it!
Overall Security Review
The security of Bitteks is excellent as they don’t allow third- parties to access your trading platform after you create an account on their system. This means that you are the only one who has access to your trading platform after signing up with them and have a valid email address.
Plus, this is not just for security reasons but also convenience since third-party sites will most likely be very cluttered and difficult to use, unlike Bitteks, which offers all the basic features that traders need.
They also do not require any personal details for deposit movements.
This is very convenient since I can trade conveniently with just a few clicks of my mouse or pressing some keys on the keyboard, and everything else is done automatically!
All Customizable Charts
You can set your preferred time period for the charts from 1 minute to 10 years. I like this feature because it lets me choose how long I want my chart to last, so I don’t have to worry about missing any important details or indicators that happen in a shorter time frame.
With these features, you can be sure that you always get an accurate view of your trades and assets performance over a specific amount of time!
Bitteks is a very decent and trustworthy Forex platform. I have been using their services for about 1 year now, and they have never failed me yet!
I like many of their services, while others require some tuning to get better, but this isn’t a problem since they are always open to suggestions and improvements.
So far, I have been very happy with Bitteks as my trading partner!
I can’t wait for their mobile app launch so that I can start trading on the go using my smartphone!
Disclaimer: This review is written from my own experience and my self-knowledge only and this is not a recommendation.