StormGain has closed or no longer accepts UK clients.
StormGain is a comprehensive crypto platform that allows clients to trade crypto derivatives, store them in a wallet, mine new tokens and access DeFi capabilities such as staking. The focus is on trading crypto futures, which takes place through proprietary software with integreated trading signals and a suite of educational software. The platform also supports trading on 'tokenized assets' – smart contracts based on gold and silver price movements – and crypto options.
OKX is a respected cryptocurrency firm, established in 2017, that offers a large suite of products, from mining pools to NFTs. Traders can access over 400 crypto tokens via OTC trading and derivatives. With an excellent web platform, developer tools and dynamic charts, OKX is a popular choice for technical traders.
Pros
Offers highly leveraged trading on 60+ crypto futures as well as indices, options and some spot cryptos
Interesting instruments including crypto indices and tokenized gold and silver
Easy-to-use proprietary platform allows users of all experience levels to start trading crypto derivatives quickly
Leverage up to 1:300 is very high and will suit experienced traders with a high risk appetite
Good educational section with plenty of material for intermediate and experienced traders as well as beginners
Tier-based account types with some decent mining rewards for high-volume traders
There's an impressive range of blockchain products, including DeFi services, NFTs and games, alongside 400+ established and emerging coins
You can access a wide range of trading products, including futures, options and perpetual swaps via a mobile app or desktop platform
OKX maintains an excellent reputation with 20 million global clients and a license from the Dubai Virtual Assets Regulatory Authority
Traders can access historical market data for spot and futures combining OHLC data, aggregate trades and trading history
There's a vast developer lab plus access to a marketplace of pre-built trading bots with auto-arbitrage
Active traders can expect competitive maker and taker fees, from 0.02% and 0.05%, respectively
Crypto staking and pools are available with competitive mining fees from 2%
Cons
Few futures compared to many similar competitors in the crypto sphere, such as Coinbase, Kraken and Binance, which offer hundreds
Only supports direct purchase of nine cryptocurrencies, which is very few compared to Coinbase and others
Traders can only fund accounts by transferring crypto or buying it with a pricey card transaction
Limited platform with no automated trading bots or copy trading
Maker/taker fees are more than double some top rivals like Kraken
Unregulated firm that has only been in business since 2019
Poor selection of research materials compared to rivals like Coinbase that regularly update with expert analysis
The firm offers limited regulatory oversight, though this is common among crypto brokers
The quality of customer support was inconsistent based on testing
The broker's platform and features may be complex for novices
StormGain is a crypto platform that allows clients to trade crypto derivatives, store them in a wallet, mine new tokens and access DeFi capabilities such as staking. The focus is on trading crypto futures, which takes place through proprietary software with integreated trading signals and a suite of educational software. The platform also supports trading on 'tokenized assets' – smart contracts based on gold and silver price movements – and crypto options.
OKX continues to offer a superb selection of 400+ tokens including Bitcoin and Ripple. You can buy and sell tokens or trade cryptos on margin via derivatives, including perpetual swaps, options and futures. OKX stands out for its low fees, extensive range of tokens and speedy crypto transactions.
