Overall Rating: ★★☆☆☆ (2.0/5.0)

StormGain is a cryptocurrency trading platform offering leveraged crypto trading, spot exchange, and interest-earning wallets. Launched in 2019, it caters primarily to crypto enthusiasts by providing up to 500x leverage, a built-in multi-currency wallet, and no KYC onboarding. Despite its visually polished app and user-friendly design, StormGain is unregulated, offers no investor protection, and employs a non-transparent pricing model. It remains a high-risk option, especially for retail users new to trading.

This review evaluates StormGain’s core features, regulatory concerns, fees, and whether it’s a viable crypto platform in 2025.

Key Features

StormGain blends exchange services with leveraged crypto trading, all accessible via a streamlined mobile and desktop app.

• Trading Platform:
  • Proprietary StormGain platform (mobile, desktop, web)
• Markets Offered:
  • Crypto CFDs, spot crypto pairs, staking, interest-bearing wallets
  • Major tokens: BTC, ETH, XRP, LTC, ADA, SOL, and more
• Leverage:
  • Up to 500x on BTC/USDT
  • Lower leverage on altcoins
• Minimum Deposit:
  • $50
• Account Types:
  • Single standard account
• Funding Methods:
  • Crypto deposit, credit card (via third-party), bank transfer (limited regions)

Regulation and Security

StormGain is not regulated by any financial authority, which presents significant trust and safety concerns.

• Unregulated offshore company – No licence from FCA, ASIC, or CySEC
• No investor compensation or legal oversight
• No clarity on company headquarters or compliance policies
• Funds held in hot wallets with 2FA and encryption, but not insured
• No KYC verification required to trade or withdraw (limits may apply)

Due to this structure, StormGain carries high counterparty risk, especially during market volatility or liquidity crunches.

Pricing and Costs

StormGain uses a spread-only model with no direct commissions, but spreads are significantly wider than those on top-tier crypto exchanges.

• Spreads:
  • BTC/USDT: Often 2.0%–3.0%, well above average
• Commissions:
  • 0% commission, but fees are baked into spreads
• Overnight Funding Fees:
  • Applies to positions held longer than 8 hours
• Withdrawal Fees:
  • Yes – fixed crypto network fees and StormGain charges
• Deposit Fees:
  • Crypto deposits are free; credit card deposits have third-party fees
• Inactivity Fee:
  • $10/month after 90 days of inactivity

Educational Resources and Customer Support

StormGain offers limited educational support and basic market updates.

• Education:
  • Short video guides and platform tutorials
• Market Analysis:
  • Integrated TradingView charts
  • Newsfeed and basic signals for account holders
• Customer Support:
  • 24/7 live chat, email, and Telegram
  • Generally responsive but cannot resolve account disputes due to lack of regulation

Risk Management Tools

StormGain provides essential tools for crypto margin trading but lacks sophisticated risk control features.

• Stop-loss, take-profit orders available
• No guaranteed stop-loss orders (GSLOs)
• No negative balance protection
• Users can lose more than their balance if volatility is extreme

Pros and Cons

Pros

• Up to 500x leverage on crypto
• Built-in wallet and exchange services
• Simple, user-friendly app
• No KYC for basic accounts

Cons

• Unregulated offshore broker
• Extremely wide spreads and hidden costs
• No legal protection or compensation scheme
• No fiat withdrawals
• Overnight and inactivity fees

Conclusion: Is StormGain the Right Choice?

StormGain is not recommended for serious or risk-averse traders. While the app is attractive and user-friendly, the platform’s unregulated status, non-transparent fee model, and high leverage without protection make it a high-risk proposition. Traders looking for secure crypto trading should consider regulated exchanges like Kraken, Bitstamp, or Coinbase, or use crypto CFDs via licensed brokers like eToro or AvaTrade.