What is Biteclipse? Who are they?
Biteclipse is a multi-asset trading broker including forex, index CFD’s, commodities, and Cryptocurrencies. This broker is new in the market, it was launched in earlier 2020. Main head office located at Vistra Corporate Services Centre, Suite 23, 1st Floor, Eden Plaza, Eden Island, Mahe, Republic of Seychelles. But, a lot of peoples started to trust them, because the founding member and development team is experienced in the market.
Regulation of the broker Biteclipse
It’s very important to pick a regulated broker and who is authorized by powerful financial authorities. Our investigation team was trying to get information about the broker, but, unfortunately, there are no powerful financial authorities involved with them like FCA, FSA, CySEC, etc. Maybe they are new in the market that’s why they didn’t find one from these powerful authorities.
The trading platform of Biteclipse
The broker Biteclipse comes in the market with their unique trading platform, they said, it's very user-friendly, comfortable, bugs free and built with artificial intelligence. The platform can be used by any computer and mobile which is available on the web and mobile app stores like google play, iOS store, etc.
What types of accounts are there?
There are only single types of account we have to find out. Traders are eligible to trade by opening an account and there is no minimum deposit limit. You can kick start your trading with Biteclips easily making a $1 deposit. If you open an account with Biteclipse you will get maximum leverage of 1:500. There are three types of base currencies here, USD, BTC, and ETH. The minimum spread of the account is 0.00 pips, margin call & stop-out 120%100%. But, there is a trading fee applicable from the broker at various rates.
Can I trade Demo with Biteclipse?
Demo trading is a great opportunity to understand platform behavior and brokerage services. But, unfortunately, the broker is not accepting demo trading on their platform.
Are there any promotions available?
Biteclipse broker is new in the market and trying to get attraction from traders. You will be glad to know that they are offering a $10 forex welcome trade campaign to its newbie customers. But, the process of this bonus is completely different from all others. The trade campaign bonus of $10 will be credited automatically to the trader's account after the signup. To withdraw profits from the campaign trader must complete 10 lot of trades, if a trader completes the fulfillment he/she has to send the request to CS Query to withdraw profits.