Comparison of Xeggex vs Stormgain [ 2024 ]

The crypto exchanges compared by their commissions, cryptos, security and much more. Here is the Xeggex vs Stormgain comparison!

Your expert: Alejandro Borja

xeggex

Xeggex

  • Threenvest valuation: 3,7/5
  • US legal: No
  • Security: High 4,6/5
  • Mobile App: No
Go exchange

Investing risks losing your money

Your expert: Xavier Tarrasó

stormgain

Stormgain

  • Threenvest valuation: 3,5/5
  • US legal: No
  • Security: High 4,5/5
  • Mobile App: Yes
Go exchange

Investing risks losing your money

Main points

Fees

0,30%/0,40%

Earns

No

Customer service

3/5
≤0,25%

Fees

No

Earns

3/5

Customer service


Recommended for

Beginners

No

Trading

No

Passive income

No

Buy and hold

Yes
No

Beginners

Yes

Trading

No

Passive income

Yes

Buy and hold


Comparison of fees

Rating

3.9 – Competitive fees with additional benefits for high-volume trading.
4.1 – Competitive fees with a focus on leveraged trading.

Level

0,30%/0,40%
≤0,25%

Brief explanation

Xeggex structures its commission system to be straightforward and competitive within the industry. The exchange charges a basic trading fee, which is tiered based on the user’s trading volume over a 30-day period, rewarding more active traders with lower fees. Additionally, Xeggex applies withdrawal fees, which vary by cryptocurrency but generally align with network transaction costs to ensure fees remain reasonable. This transparent fee structure helps users plan their trading activities without unexpected costs.
StormGain charges a unique fee structure that differentiates it from many other cryptocurrency exchanges. The platform adopts a flat fee model for trading, charging a standard rate of 0.25% on all trades. This rate is slightly above the new industry average, which tends to range around 0.10% to 0.15%, but StormGain offers a compelling twist: it only imposes these fees on profitable trades. This means if your trade does not make a profit, you are not charged a trading fee. In addition to trading fees, StormGain also applies withdrawal fees, which vary by cryptocurrency. For instance, withdrawing Bitcoin incurs a fixed fee of 0.0006 BTC, combined with a percentage fee of 0.10% of the withdrawn amount. This hybrid fee model can be particularly advantageous or costly depending on the amount being withdrawn and the current value of the cryptocurrency. Overall, StormGain’s fee model is designed to benefit profitable traders by allowing them to incur costs only when they earn, which can be particularly attractive to high-volume traders who are confident in their trading strategies and market timing.

Xeggex

xeggex
Read xeggex review
  • Security Methods: Xeggex has implemented robust security measures including two-factor authentication and end-to-end encryption to safeguard user information and assets. This commitment to security is paramount in gaining user trust.
  • Year Founded: Being established in a period of rapid digital currency expansion, Xeggex has a foundation that aligns with modern cryptographic standards and evolving market needs. The timing of its launch reflects an understanding of market trends and user demands.
  • Reputation and Reviews: Although relatively new, Xeggex has quickly gained a positive reputation among users for its user-friendly interface and effective customer support. Positive reviews often highlight the ease of use and reliability.
  • Customer Service: Xeggex places a strong emphasis on customer support with options for real-time assistance. This responsiveness to user needs enhances its trustworthiness and reliability as a service provider.
  • Withdrawal and Deposit Policies: The exchange maintains clear and concise policies regarding withdrawals and deposits, ensuring transparency and reliability in financial transactions, which builds additional trust among its users.
  • Pros
  • User-friendly interface
  • Low trading fees
  • Robust security measures
  • Cons
  • Limited market liquidity
  • Slower customer service

Read xeggex review

Stormgain

stormgain
Read xeggex review
  • Security Measures: StormGain takes the security of its users seriously, implementing advanced measures like cold storage for the majority of funds, two-factor authentication (2FA), and encryption technologies to safeguard personal and transaction data.
  • High Leverage Options: Offering leverage up to 1:300, StormGain provides one of the highest leverage options available in the market. This allows experienced traders to maximize their trading strategies effectively.
  • Innovative Trading Features: StormGain features a range of innovative trading tools including leveraged crypto futures, options, and tokenized assets. This variety not only caters to different trading preferences but also enhances trading potential through diversification.
  • Reputation and Reviews: Since its inception in 2019, StormGain has built a solid reputation, ranked highly on several review platforms. Most reviews highlight customer satisfaction with the platform’s user-friendly interface and comprehensive trading tools.
  • Customer Service: StormGain offers robust customer support with a 24/7 service team accessible via email, chat, and phone. This level of support ensures that users' queries and issues are resolved promptly, enhancing user trust and satisfaction.
  • Pros
  • High leverage options up to 1:300
  • No fees on unprofitable trades
  • Supports crypto futures, indices, and tokenized assets
  • Cons
  • Limited cryptocurrency selection
  • No fiat currency support available.

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Product selection

Native token

No
No

Earns

No
No

NFT marketplace

No
No

Cripto/debit card

No
No

Company information

Full name

Unknown
Stormgain LLC

Regulation

Not regulated
Not regulated

Year founded

2021
2019

Founder

Unknown
Unknown

Payment methods

Transfers

No
No

Mastercard

No
Yes

Wire transfer

No
No

Card

No
Yes

Comparative table

Xeggex FEATURES Stormgain
Xeggex allows for relatively low minimum trades, making it accessible for beginners to start small.
Minimum Trade
StormGain allows for relatively low minimum trade amounts, making it accessible for beginners or those looking to trade small amounts.
The fees are competitive but could be improved to better match or undercut industry leaders.
Trading and Transaction Fees
StormGain charges a 0.25% flat fee on all trades and additional fees on profitable trades, which can be somewhat higher than some competitors.
Offers a wide range of cryptocurrencies, providing good options for diversified trading.
Number of Cryptocurrencies
Offers a limited selection of cryptocurrencies compared to larger exchanges, which might be a downside for users looking for diverse trading options.
Supports numerous trading pairs, facilitating versatile trading strategies.
Crypto-to-Crypto Trading Pairs
Although limited in overall cryptocurrency numbers, it provides essential trading pairs, suitable for most conventional traders but not ideal for those seeking depth.
The website provides essential information, though some areas could benefit from greater detail regarding policies and operations.
Website Transparency
The website is quite transparent about fees and trading options, though it could improve by providing more information about the team and their operational ethos.
Xeggex lacks an exchange card, missing an opportunity for added convenience and benefits for its users.
Credit/Debit Card
StormGain currently lacks an exchange card, missing an opportunity to extend additional payment convenience and benefits to its users.
Provides secure storage solutions with an emphasis on safety, though it lacks some advanced features found in specialized wallets.
Storage Offering
Provides a secure wallet for cryptocurrency storage, incorporating essential security features such as 2FA.
Offers basic staking options and rewards which are attractive but not as competitive as some other exchanges.
Staking and Rewards
Offers competitive staking options and rewards, adding value for users who hold their cryptocurrencies in the exchange’s wallet.
Both the mobile app and desktop platform are well-designed, offering intuitive navigation and a seamless trading experience.
Mobile App and Desktop
The mobile and desktop platforms are well-designed, intuitive, and user-friendly, suitable for both beginners and experienced traders.
Responsive and helpful, but there are occasional delays during peak times.
Customer Service
Provides 24/7 customer support, but feedback on the responsiveness and quality of support varies among users.
Processes are straightforward with reasonable limits and fees, though improvements could be made in processing times.
Deposit and Withdraw
Offers instant deposit and withdrawal options, but the fees, especially for withdrawals, can be high depending on the method and currency.

Key features

Analysis tools

Basic charting tools
Advanced charting tools, technical analysis

Mobile APP

No
No

Security

High 4,6/5
High 4,5/5

Additional features

Margin trading, staking, Xeggex Earn, fiat on/off ramps
Margin trading, futures trading, staking, StormGain Earn

Anonymity

Yes
Yes

Key points

Available cryptocurrencies

100+
50+

User-friendliness

Xeggex offers a user-friendly platform that is easy to navigate, making it suitable for beginners. The interface is designed to facilitate a smooth trading experience with all necessary features easily accessible.
StormGain offers a user-friendly platform that is easy to navigate, making it suitable for beginners. The interface is designed to facilitate a smooth trading experience with all necessary features easily accessible.

Value for money

Offers good value for money with competitive fees and a user-friendly platform, making it suitable for both beginners and experienced traders.
Offers good value for money with competitive fees and advanced trading features, suitable for both retail and institutional traders.

Countries of operation

United States, Canada, United Kingdom, Australia, Germany
Global, including United States, Canada, United Kingdom, Australia, Germany

Best for

Suitable for both beginners and experienced traders seeking a user-friendly platform with competitive fees.
Suitable for both retail and institutional traders interested in derivatives trading with competitive fees and advanced features.

Base currencies available

Multiple including USD, BTC
USDT, BTC

Account

Trading

Xeggex focuses on providing a secure and user-friendly platform with a decent range of cryptocurrencies. It offers competitive fees but lacks some advanced trading features.
StormGain offers extensive trading options including leveraged trading. It provides advanced tools suitable for experienced traders but might be overwhelming for beginners.

Deposit and withdrawal

Xeggex supports various deposit and withdrawal methods, including bank transfers and cryptocurrencies. Withdrawals are processed efficiently, with low fees.
StormGain offers multiple deposit and withdrawal methods, including bank transfers and cryptocurrencies. Withdrawals are processed quickly, with competitive fees.

Account opening process

Xeggex offers a seamless and fully digital account opening process. Users need to provide personal information and verify their identity. The process is quick and usually completed within a day.
StormGain provides a seamless account opening process. Users need to provide personal information and verify their identity. The process is quick and usually completed within a day.

KYC required?

No
Yes

Customer Service

Xeggex offers customer support via email and live chat. The response time is quick, but the support team is not available 24/7, which may be a drawback for some users.
StormGain provides extensive customer support through email, live chat, and a help center. Support is available 24/7, and the response times are quick, ensuring users get timely assistance.

Security

Xeggex provides strong security with 2FA and encryption. Despite its robust security measures, the platform is not regulated by top-tier financial authorities, which could be a concern for some investors.
StormGain provides comprehensive security measures, including 2FA, encryption, and cold storage. It is not regulated by major financial authorities, which might be a concern for some investors.

Which of these exchanges is for you?

alejandro-borja-analista-de-brokers.webp

Alejandro Borja

As an expert on our website, I highly recommend Xeggex for newcomers in the cryptocurrency space. Its intuitive interface and diverse cryptocurrency offerings make it a standout choice for those starting their trading journey. However, if you’re an advanced trader, you might find the analytical tools a bit limited. Overall, Xeggex presents a solid option with its focus on security and user-friendly design, making it worth considering in your search for a reliable exchange.
Xavier-tarraso-mascarell.jpg

Xavier Tarrasó

As one of the experts reviewing cryptocurrency platforms for our website, I find StormGain to be an intriguing option for traders who are particularly interested in leveraging high-risk, high-reward strategies. Its ability to offer up to 1:300 leverage is a standout feature that attracts experienced traders looking for significant market exposure. Additionally, the platform’s user-friendly interface and educational resources make it accessible, even for newcomers to the crypto trading scene. However, it’s important to approach trading on StormGain with a clear strategy and an understanding of the risks associated with high leverage trading.

View all comparisons against Xeggex

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How do we review crypto exchanges?

At Threenvest, we conduct a thorough review process to evaluate and rank the world’s leading crypto exchanges. Our goal is to offer an unbiased assessment, providing you with the information you need to make informed decisions on which ones best suit your needs. We strictly adhere to the guidelines of our editorial policy.

 

We collect data directly from exchanges through detailed questionnaires and conduct first-hand testing and observations during crypto exchange demonstrations. Questionnaire responses, combined with demonstrations and hands-on research from our experts, feed into our proprietary evaluation process that scores each provider’s performance on more than 15 factors. The end result produces star ratings ranging from poor (one star) to excellent (five stars).


For more details on the categories considered when rating brokers and our process, read our full methodology.

Risk Disclaimer

Investing in cryptocurrencies is very risky, you should only invest the money you are willing to lose. Also you should not expect to be protected if something goes wrong.

Neither Threenvest, nor the author, are recommending you to invest with this article.

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