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BitStarMarkets for those who hate trading fees

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Does BitStarMarkets meet your needs?

Choosing the ideal platform makes sure it has all the necessary functionality. Details matters! Let’s see if BitStarMarkets is your perfect trading place. First of all, it is an excellent choice for active and daily traders.

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BitStarMarkets is most suitable for investors interested in trading without commissions first of all. For most of your investments, the broker does not have a minimum account size. A minimum initial deposit will be required. You will need at least $25,000 to use the template for day trading.

The advantages and disadvantages of BitStarMarkets

Benefits:

  • The website and mobile application are very simple.
  • The navigation is easy.
  • You will receive a free share once you start an account.
  • Every time you provide a successful recommendation, you will also get a free share.

Shortcuts:

  • Pay attention! Service provides individual accounts only! Not suitable for married couples or anyone who wants to invest together.
  • Brokerage companies do not work with retirement, joint, custody accounts, or education savings plans.
  • Professional research is available for the Gold plan only.
  • No investment strategies or advice are provided.
  • The platform doesn’t offer any investment portfolios. For new users, BitStarMarkets may not be the best choice.
  • Customer service doesn’t work 24/7. Sometimes time is money and you cannot wait.
  • The platform does not provide automatic transfer in case of death. It does not allow users to specify beneficiaries

Passive VS Active trading

Active investors usually seek to capitalize on short-term deals. Therefore, if you adopt this method, you should always buy and sell non-stop.

Passive investment is about long-term deals. This type of investment is more stable and safe than active investment. Its cost is usually lower. However, you can do both at the same time. Professional traders claim that the usage of both strategies together reduces risks.

How to use BitStarMarkets to invest

Stocks and funds

Stocks, ETFs, and options go without any commissions. Give a try to fractional stocks. You can buy some company stocks without paying the full price. You only need $1 to start.

Options

BitStarMarkets has one major advantage: they don’t charge any extra fees per contract. Moreover, the service provides information about option risks on its website.

Crypto

The free rules of this platform also apply to various digital currencies.

Gold

The monthly account fee is $5 and the deposit is up to $50,000 immediately. Start with $2,000.

IPO

BitStarMarkets not long ago launched the IPO method.

This investment product is most suitable for traders who want to buy the company’s stock before it goes public.

Bottom line: What is BitStarMarkets?

BitStarMarkets provides commission-free trading of stocks, ETFs, options, and crypto.

Get the maximum from your trading experience with a handy mobile application. Work with fractional shares and cash management accounts.

BitStarMarkets is best for active traders, day traders. It is a decent platform for margin traders who want to buy and trade commission-free assets. If you plan to invest in virtual assets such as cryptocurrency, stockbrokers are also an excellent choice for you.

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