Bitterz Overview
Bitterz is operated by Bitterz LLC, established on April 9, 2020, with its head office at Hinds Building, Kingstown, Saint Vincent and the Grenadines and a customer support center in Taipei, Taiwan. It states that client assets are managed in cold wallets. Support is available in Japanese, English, Chinese, Taiwanese, and Korean, on weekdays from 10:00 to 17:00 Japan time.
| Specification | Detail |
|---|---|
| Operating Company | Bitterz LLC |
| Established | April 9, 2020 |
| Head Office | Kingstown, Saint Vincent and the Grenadines |
| License | None cited |
Trading Conditions
Bitterz offers crypto CFDs on MT5 and a web trader, with a maximum leverage of 1:888, a minimum trade size of 0.0001 BTC, no trading commission, and account currencies of JPY, USD, and Bitcoin. Scalping, hedging, EAs, and signal trading are allowed, with a 150% margin call and 100% stop-out. Negative balances are absorbed by remaining bonus credit first.
| Specification | Detail |
|---|---|
| Maximum Leverage | 1:888 |
| Platforms | MT5 and web trader |
| Minimum Trade | 0.0001 BTC |
| Margin Call / Stop-Out | 150% / 100% |
Balance-Based Leverage Limits
Leverage falls in steps as margin grows: 1:888 for the smallest balances (under about 20,000 yen), then 1:500, 1:400, 1:300, 1:200, 1:100, 1:50, and 1:25, down to 1:5 at 2 million yen and above. The limit applies to the balance, not to open positions, and Bitterz reduces leverage automatically.
Deposits and Withdrawals
Deposits are by credit and debit card (Visa, Mastercard, JCB, American Express, Diners, Discover) and crypto (Bitcoin, Ethereum, USDT, and USDC, the last three as ERC-20 tokens only). Card deposits carry a fee. Withdrawals are made in Bitcoin, with a minimum of 0.0001 BTC and a monthly cap of 10 BTC under Bitterz’s AML rules. A withdrawal fee equivalent to about 25 dollars applies if the deposit was under 100 dollars or the account has never traded.
Pros and Cons
| Pros | Cons |
|---|---|
| 24/7 crypto CFD trading in BTC, BCH, ETH, LTC, and XRP | No financial license cited |
| MT5 and no trading commission | Very high 1:888 leverage |
| Japanese-language support | Bitcoin-only withdrawals with fees on small deposits |
Is Bitterz a Broker Worth Considering?
Bitterz offers accessible crypto CFD trading with very high leverage, but it cites no license and its risk settings are aggressive. Readers should verify details independently and never risk more than they could afford to lose.
FAQ
- Is Bitterz regulated?
- Its materials cite no financial license or regulator.
- What is the maximum leverage?
- 1:888, reduced automatically as balance grows.
- Which platforms does Bitterz support?
- MT5 and a web trader.
- How do I withdraw?
- In Bitcoin, minimum 0.0001 BTC.
