Cryptocurrency trading has seen immense growth in recent years, with more people looking to invest in digital assets. However, the influx of cryptocurrency brokers makes it difficult to discern legitimate platforms from potential scams. This article provides an in-depth review of Bit GPT – an online broker offering trading services for cryptocurrencies, stocks, commodities, and more.

We evaluate Bit GPT across several key factors including regulation, trading platforms, asset offerings, fees, security, and customer support. The goal is to provide readers with a comprehensive understanding of Bit GPT to determine if it is a suitable broker based on individual needs and preferences. Read on for the full review.

Bit GPT Background

Bit GPT was founded in 2019 and is headquartered in Seychelles. The broker is owned and operated by a team of finance and technology professionals.

One of the standout features of Bit GPT is its regulatory compliance. Bit GPT is regulated by the International Financial Services Commission (IFSC) of Belize. Operating under a respected regulatory body assures traders that Bit GPT adheres to strict financial guidelines and conducts business ethically.

Bit GPT Review

In addition to regulation, Bit GPT employs robust security measures including SSL encryption and two-factor authentication to secure client funds and personal data. The broker stores the majority of digital assets in cold wallets to minimize exposure to online threats. We will expand on Bit GPT’s security infrastructure later in the review.

Trading Platforms

A trading platform is the gateway to financial markets. Bit GPT provides clients with two high quality trading platforms:

MetaTrader 4

MetaTrader 4 (MT4) is among the most popular trading platforms in the retail trading industry. It is hailed for its advanced charting capabilities, extensive technical indicators, and order automation through Expert Advisors (EAs).

MT4 offers a customizable user interface along with comprehensive backtesting and strategy optimization tools. The platform can be accessed via desktop, web, and mobile.

Proprietary Web Platform

For traders that prefer simple and intuitive interfaces, Bit GPT’s web-based proprietary platform is a suitable option. The layout is clean and easy to navigate. Traders can execute orders rapidly through the quick order tab.

The web platform also includes basic charting with over 50 indicators and drawing tools. It can be accessed from any internet browser on desktop or mobile. The simple UI makes it ideal for new traders.

Both platforms provide users with live market data, real-time account balance, customizable workspaces, and more.

Asset Classes and Instruments

A quality online broker offers a varied selection of tradable instruments to create a diversified portfolio. Bit GPT provides access to over 200 financial assets across several markets:

  • Forex – Major, minor and exotic currency pairs including EUR/USD, GBP/USD, USD/JPY
  • Stocks – Leading company shares like Apple, Tesla, Amazon, etc.
  • Indices – Major global indices such as S&P 500, FTSE 100, Nikkei 225
  • Commodities – Precious metals, oil, and agricultural products
  • Cryptocurrencies – Top coins including Bitcoin, Ethereum, Litecoin, etc.

The variety of assets allows clients to trade based on their interests and market expertise. For instance, forex and commodities for day traders, indices and stocks for investors, and leading cryptocurrencies for those interested in digital currency.

Account Types

Bit GPT furnishes clients with four account tiers suitable for traders of all skill levels. Higher account tiers have higher minimum deposits but come with added features and benefits.


The Basic account is geared towards new traders that are just starting out. It has a minimum deposit of $250 and includes basic features like live market data, video tutorials, and daily analyst reviews. The basic account only provides email customer support.


Bronze accounts cater to intermediate traders. The minimum deposit is $1000 and includes all features in the Basic account. Additional benefits are faster order execution, account analytics, and phone customer support.


The Silver account unlocks more advanced trading capabilities. It requires a minimum $5000 deposit and comes with a dedicated account manager, market research tools, mobile trading app, and invite to web seminars.


Gold is the premium account reserved for professional traders. The minimum deposit is $25,000. Traders get access to all features provided in lower tier accounts plus algorithms, premium trading signals, and direct analyst consultation.

Bit GPT also furnishes an Islamic account that operates in accordance with Sharia principles. Overall, the account diversity lets clients choose one aligned with their capital and needs.

Fees and Commissions

Bit GPT makes its profit primarily through bid/ask spreads. There are no deposit, withdrawal or maintenance fees. Inactivity fees only apply after 1 year of no trading activity or deposits. Islamic accounts do not have overnight/swap fees.

The broker’s fee schedule is quite competitive compared to others in the market. Active traders can benefit from tight spreads starting from 1.5 pips on major forex pairs. Stock and index CFDs have a commission of $0.05 per share or 0.02% of trade value respectively.

Cryptocurrency trades incur a flat 0.18% commission per transaction. Overall, Bit GPT presents a cost-effective solution for trading multiple markets.

Security and Protection

As a regulated entity, Bit GPT implements stringent security protocols to protect client assets and data. Measures include:

  • Segregated Accounts – Client funds are stored in segregated bank-grade accounts at tier-1 financial institutions. This keeps trader money separate from company finances.
  • SSL Encryption – The website and login portal are encrypted using Secure Socket Layer (SSL) protocol. All data flowing between the client and company servers is encrypted.
  • 2FA Authentication – Users can enable Two-factor authentication using Google Authenticator or SMS verification for enhanced account protection.
  • Cold Storage – Most cryptocurrency assets are stored offline in cold wallets. This safeguards funds from hacking attempts targeting hot wallets.
  • Cybersecurity – Servers are protected by firewalls and anti-virus software. The company partners with cybersecurity firms to frequently audit and test systems.
  • Investor Compensation – Traders are protected by an investor compensation fund that covers up to $20,000 per client in case of company insolvency.

The combination of financial, technical, and legal protections makes Bit GPT a reliable platform to trade with confidence.

Customer Support

Bit GPT prioritizes customer service and provides client assistance through various channels:

  • Live Chat – Instantly connect with support staff through the chat widget in the bottom right of the screen. Get swift solutions to common issues.
  • Email – Write to for in-depth assistance on complex matters. Responses are provided with 24 hours.
  • Phone – Call their global phone number to speak with a representative in your local language.
  • FAQ Database – The FAQ page covers over 100 topics and provides answers to commonly asked questions.
  • Support Portal – Log into the portal to open tickets, track status, and manage ongoing issues requiring prolonged engagement.

From the numerous options available, traders can easily obtain help on account management, technical difficulties, trading advice, platform navigation, and more.

Advantages of Bit GPT

  • Regulated broker – Operating under respected regulatory oversight. Gives traders peace of mind.
  • Competitive fees – Tight spreads and low commissions benefit active traders.
  • Account tiers – Suitable for every trader regardless of capital size and skills.
  • MT4 platform – The industry’s favorite trading platform packed with advanced features.
  • Cryptocurrency access – Ability to diversify with top digital currencies.
  • Cybersecurity – Top-notch security protocols to safeguard client assets and data.
  • 24/5 support – Get trading assistance any time via live chat, phone email.

Drawbacks of Bit GPT

  • Website translations – English is the only language option. Translations would serve non-native speakers better.
  • Limited educational resources – Bit GPT focuses more on trading tools rather than learning materials for new traders.
  • High withdrawal fees – Withdrawal charges could be reduced or waived for VIP account holders.
  • No proprietary mobile app – The MT4 app enables mobile access, but a proprietary app specifically for Bit GPT would be beneficial.
  • Customer support hours – Support is only available Monday to Friday. Adding weekend availability would enhance the client experience.

How Bit GPT Compares to Other Brokers

Bit GPT stacks up well against the top players in online trading. Here is a brief comparison with two major competitors:

eToro – eToro excels in social trading but has limited assets. Bit GPT offers more currency pairs, cryptocurrencies, commodities, and indices.

Plus500 – Plus500 matches Bit GPT’s assets and security but has wider spreads. Bit GPT offers lower fees and greater transparency.

Bit GPT can compete with the best. It combines robust tradable assets, advanced platforms, stellar security, competitive fees, and excellent service.

Is Bit GPT Right for You?

Bit GPT is ideal for active traders seeking a diverse selection of markets with low costs. The regulated status also suits risk-averse individuals. The MT4 platform appeals to seasoned traders while beginners benefit from the simple web interface.

Bit GPT meets the requirements for casual investors, cryptocurrency enthusiasts, and everyone in between. Unless you require specialized tools like automated trading or social trading networks, Bit GPT provides an all-around solution.

Start Trading with Bit GPT

Ready to begin your trading journey with Bit GPT? Registering an account takes less than 5 minutes. Follow these steps:

  1. Go to and click ‘Register Now’
  2. Enter your personal details including full name, country, email address, and phone number.
  3. Choose your account currency – USD, EUR, GBP, etc.
  4. Read and accept the Client Agreement and KYC/AML policies.
  5. Verify your email address to complete signup.

Once registered, you can fund your account via debit/credit card, bank wire, e-wallet, or crypto deposit. Make your first deposit to unlock access to Bit GPT’s trading platforms.


In summary, Bit GPT is a well-rounded online broker that caters to active traders of all skill levels. The combination of respected regulation, robust security, advanced trading platforms, vast assets, competitive fees, and excellent customer service satisfies the requirements of most traders.

Minor drawbacks exist, as with any broker, but Bit GPT’s strengths far outweigh its shortcomings. For an overall smooth and reliable trading experience, Bit GPT is a wise choice.


What products does Bit GPT offer?

Bit GPT furnishes trading access to forex, stocks, indices, commodities, and cryptocurrencies – over 200 assets in total.

Is Bit GPT regulated?

Yes, Bit GPT is regulated by the IFSC (Belize) under license number IFSC/000102/310.

How do I deposit and withdraw funds from Bit GPT?

Bit GPT supports deposits and withdrawals through debit/credit cards, bank wire transfers, e-wallets, and cryptocurrencies.

Does Bit GPT have an affiliate program?

Yes, Bit GPT offers an affiliate program where you can earn commissions for referring new clients. The broker provides marketing tools and dedicated affiliate support.

What is Bit GPT’s spread and commission structure?

Spreads start from 1.5 pips on forex pairs. Stock and index CFDs have commissions of $0.05 per share and 0.02% of trade value respectively. Crypto trades have a 0.18% flat commission per transaction.

Is trading with Bit GPT safe?

Yes, Bit GPT implements rigorous security protocols including data encryption, 2FA authentication, cold crypto storage, and cybersecurity audits to protect client assets and privacy.

Does Bit GPT offer demo accounts?

Yes, Bit GPT furnishes demo accounts with $100,000 in virtual funds. It enables traders to test its platforms and get familiar with financial markets before risking real capital.

What account types does Bit GPT provide?

Bit GPT has four account tiers (Basic, Bronze, Silver, Gold) that cater to clients based on trading experience and deposit sizes. An Islamic account is also available.

How can I contact Bit GPT support?

Bit GPT can be contacted 24/5 via live chat, phone, email, support ticket, and their contact page. Support is multilingual.


By admin