Profile
StormGain is a cryptocurrency trading platform offering leveraged crypto derivatives, spot exchange services, and crypto-based interest accounts. Founded in 2019 and registered in Saint Vincent and the Grenadines, StormGain targets crypto traders seeking simplified margin trading without direct asset ownership. This StormGain review assesses its regulatory position, trading products, execution model, and user protections as of 2025.
Regulation and Security
StormGain is operated by StormGain LLC, incorporated in Saint Vincent and the Grenadines. The platform is not regulated by any financial authority such as the FCA, CySEC, or ASIC. As such, clients do not benefit from standard protections like fund segregation, deposit insurance, or recourse to financial ombudsmen.
Despite the offshore registration, StormGain enforces standard security protocols, including two-factor authentication (2FA), SSL encryption, cold wallet storage for client funds, and custodial services for exchange assets.
Execution Model
StormGain operates a closed-loop trading environment where all trades are internalized. There is no order book or external liquidity routing. It uses a proprietary matching engine to pair client orders, functioning similarly to a market-maker model.
This structure allows guaranteed pricing and leverage but introduces conflict-of-interest concerns, as the broker profits from spreads and may trade against clients.
Trading Platforms
StormGain offers a unified, proprietary platform available on:
- Web terminal (browser-based)
- Mobile apps for Android and iOS
- Desktop application
The platform features integrated wallets, crypto indices, margin and spot trading, a signals feed, and a built-in mining simulator. MetaTrader 4/5, API, or third-party terminals are not supported.
Supported Markets
StormGain offers access to over 50 cryptocurrency pairs and crypto indices, including:
- Major cryptos: BTC/USDT, ETH/USDT, LTC/USDT
- Altcoins: SOL, DOT, MATIC, XRP
- Crypto indices: DeFi Index, Stablecoin Index, Crypto 10 Index
Assets are available for both spot trading and leveraged derivatives trading, with leverage up to 1:500 in some cases.
Account Types and Trading Conditions
StormGain provides a single universal account type with the following conditions:
- Minimum deposit: $50
- Leverage: Up to 1:500 (crypto derivatives)
- Spreads: Floating, from ~0.2% on BTC/USDT
- Commission: 0.25% per trade on average
- Base currencies: USDT-denominated accounts
No demo accounts are available, but a simulated mining tool offers virtual balance incentives. Swap fees apply on overnight leveraged positions.
Retail and Institutional Features
StormGain is tailored entirely to retail cryptocurrency traders. Institutional tools like FIX API, custom liquidity, or advanced margin facilities are not supported.
Retail features include:
- Crypto interest accounts (up to 12% APY on USDT)
- Referral and affiliate programs
- Integrated trading signals and sentiment indicators
Client Protection and Transparency
Client protections are minimal due to lack of regulatory supervision. Key transparency points include:
- In-house wallet custody (no user-held keys)
- No investor compensation scheme
- No published audit reports or third-party oversight
- All pricing and execution managed internally
Users are exposed to counterparty risk, particularly under the high-leverage model. Caution is advised for large account balances.
Base Currencies, Order Types, and API Access
StormGain accounts are denominated in USDT. Supported order types include:
- Market and limit orders
- Stop-loss and take-profit
- OCO (One Cancels the Other)
API access is not offered. All trading must be done through the proprietary StormGain interface.
Pros and Cons
- Pros:
- Up to 1:500 leverage on crypto derivatives
- Integrated wallets and platform
- Built-in trading signals and sentiment tools
- Interest-bearing crypto accounts
- Cons:
- Unregulated offshore entity
- No fiat funding or bank withdrawals
- Proprietary execution with potential conflicts of interest
- No MT4/MT5 or API access
Frequently Asked Questions
Is StormGain regulated?
No. StormGain is registered in Saint Vincent and the Grenadines and is not regulated by any financial authority.
What cryptocurrencies can I trade on StormGain?
You can trade 50+ crypto pairs including BTC/USDT, ETH/USDT, XRP/USDT, and crypto indices like the DeFi Index.
Does StormGain offer leverage?
Yes. StormGain offers leverage up to 1:500 on crypto derivatives, depending on the asset and market conditions.
Is StormGain suitable for beginners?
Yes. The platform is designed with simplicity in mind and includes signals, tutorials, and an integrated interface.
Can I use StormGain without verifying my identity?
Yes. StormGain does not require KYC for crypto-only trading and wallet access, though limits may apply.
