BitEclipse provides CFDs and Binary Options trading with a spread structure called "Infinity" plus 0.1 pips markup. The broker accepts BTC, XRP, and ETH payments, and offers a $3 bonus on first deposits.
Company Information & Regulation Status
BitEclipse operates under the ownership of N2KSW-Project Company, registered in Seychelles. However, it's crucial to note that the broker operates without regulation from any central financial authority, which raises significant red flags for potential traders. Key Company Features:
- Established: 2014;
- Trading Model: Market Maker;
- Available Languages: English and several Asian languages.
BitEclipse Broker Summary of Specifics
Here's a comprehensive overview of BitEclipse's key features and specifications:
Broker | BitEclipse |
Account Types | Standard, Institutional Pro, Premium Pro, Active Trader |
Regulating Authorities | Not regulated |
Based Currencies | ETH, XRP, USD, BTC |
Minimum Deposit | $0 |
Deposit/Withdrawal Methods | BTC, ETH, XRP |
Minimum Order | 0.01 |
Maximum Leverage | 1:500 |
Investment Options | YES |
Trading Platforms & Apps | BitEclipse Web & Mobile App |
Markets | Forex, Commodities, Stocks, Index CFDs, and bonds |
Spread | Varies based on the market and account type |
Commission | N/A |
Orders Execution | Instant, Market |
Margin Call/Stop Out | 120% / 100% |
Trading Features | Copy Trading, MAM |
Affiliate Program | YES |
Bonus & Promotions | YES |
Islamic Account | No |
PAMM Account | No |
Customer Support Ways | Telegram, Email |
Customer Support Hours | 24/7 |
Types of Accounts on BitEclipse
As with many forex brokers, BitEclipse offers several account types to accommodate different trading styles and experience levels:
Account | Min. deposit | Leverage |
Standard | $0 | 1:500 |
Active Trader | $0 | 1:500 |
Premium Pro | $0 | 1:500 |
Institutional Pro | $0 | 1:500 |
Demo | $0 | 1:500 |
With such no minimum deposit approach, the broker can attract traders who prefer to start trading with a low amount of budget.
Advantages and Disadvantages of BitEclipse
Let's examine the key pros and cons of trading with Bit Eclipse:
Advantages | Disadvantages |
Multiple crypto payment options | Poor information on the website |
Demo account available | Not regulated |
Copy trading functionality | unusual spread and commission structure |
No deposit/withdrawal fees | - |
Signing Up & Verification Process
The registration process at BitEclipse follows these steps:
- Visit the Bit Eclipse website;
- Hit the "Check Platform" button;
- tap “Sign Up”;
- Enter your name and email address;
- Choose a secure password;
- Select the services you want to show;
- Complete Captcha;
- Accept terms and conditions;
- Click on “register” and that’s it.
Important Note: Before proceeding with registration, ensure that your country of residence is not on the restricted list and carefully consider the risks of trading on an unregulated platform. While the payments are bring proceeded using cryptocurrencies, KYS documents might not be required.
BitEclipse’s Trading Platforms
Bit Eclipse offers two leading trading platforms:
- Web Platform;
- Mobile App.
Both Platforms have the following features, making them a good choice for traders from all levels:
- Full trading capabilities;
- Account management features;
- Real-time market updates;
- Multiple chart types;
- Technical analysis tools;
- One-click trading functionality.
BitEclipse’s Spreads and Commissions
Trading costs at BitEclipse include:
- Variable spreads starting with “Infinity + 0.10 Pip”;
- Spread markup varies by asset class;
- Higher spreads during volatile market conditions;
- Commissions are not clarified by the broker.
Warning: The "Infinity + 0.10 Pip" spread structure is unusual and concerning, as most legitimate brokers offer transparent, competitive spread structures.
Deposit & Withdrawal Methods and Fees
Available Cryptocurrency Payment Methods:
Deposit & Withdrawal | Fees |
Bitcoin (BTC) | $0 |
Ethereum (ETH) | $0 |
Ripple (XRP) | $0 |
Copy Trading & Investment Options
BitEclipse offers several social trading features:
Copy Trading | MAM Accounts |
Follow successful traders | Manage multiple accounts |
Automatic trade replication | Performance-based commission |
Real-time performance tracking | Transparent reporting system |
Customizable risk settings | - |
BitEclipse’s Tradable Markets & Symbols
Available Instruments to Trade on BitEclipse include:
- Forex;
- Commodities;
- Index CFDs;
- Individual Stocks;
- Bonds.
This diversity ensures trader minimize their risk by investing in different markets.
BitEclipse Bonuses and Promotions
You can find several bonus and promotional offerings on BitEclipse:
Bonus type | Amount |
SMS Verification | $1 |
ID Verification | $2 |
Refer Your Friend | $5 |
Deposit to Earn | $3 |
Exchange to Earn | $1 |
Easy Exchange to Earn | $1 |
Easy Reserve to Earn | $1 |
Fund Transfer to Earn | $1 |
Buy BET or BEX | $1 |
Trade to Earn | $3 |
Forex to Earn | $1 |
Commodity to Earn | $1 |
Index CFD to Earn | $1 |
Crypto (CFD) to Earn | $1 |
Token (SPOT) to Earn | $1 |
Option to Earn | $ |
Binary to Earn | $3 |
DIRECT C TO C - DEAL to Earn | $3 |
Lending to Earn | $5 |
API to Earn | $1 |
Trade Tool to Earn | $5 |
Copy Trade to Earn | $5 |
MAM to Earn | $5 |
NFT to Earn | $5 |
RANKING-IN to Earn | $5 |
Important: A $10 bonus is available for completing all tasks and missions.
BitEclipse Support Team and Hours
You can contact the broker through different channels:
Support ways | Response Times |
Telegram | Usually immediate |
Within 24 hours |
You might find the exact details in the platform’s assistance section.
List of Restricted Countries
Trading is restricted in the following regions:
- Seychelles;
- United States;
- Japan;
- China;
- Countries under UN sanctions.
Note: The trader is responsible for verifying their eligibility to use the platform based on their country of residence.
BitEclipse’s Trust Scores & Reviews
Based on our research about the presence of the company’s profile on review websites like TrustPilot, we find no score as we see for popular brokers. This could be due to the firm's less prominent face. This can be concerning for those traders who prefer to know the customer reviews before registering with BitEclipse.
Education on BitEclipse Broker
Dislike the popular brokers, BitEclipse does not offer any educational content on their website. This could be interpreted as the company has less commitment to the client’s education. They can put more effort into the following:
- Trading glossary;
- Market basics;
- Platform tutorials.
Conclusion and Final Words
BitEclipse provides access to 6 asset classes, including Forex and Crypto. The broker offers various attractive features like MAM accounts, copy trading service, and a $3 bonus for the first trade. The lack of regulatory licenses and complex fee structure are the biggest weaknesses in this BitEclipse review.