Bitvavo Trading Signals - TU Expert review

Updated: October 25, 2023

Mikhail Vnuchkov

Contributor

Reviewed by

Olga Shendetskaya

Editor

Official Bitvavo
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Bitvavo Trading Signals

Information

The Bitvavo crypto exchange charges commission fees on all trades, but fees differ for taker and maker. The amount of fees depends on the trading level, which is determined by the trading volumes. There are nine trading levels in total. At the lowest level, the commission is 0.25/0.15% for the taker/maker. At the highest level, 0.04/0.01% is for the taker/maker.
There are no absolute deposit fees, but there are relative fees that depend on the channel used. For example, there is no commission for Bancontact, while for Sofort it is the highest at 2.25%. Limits on the maximum amount of input also differ. For example, there is no deposit limit for SEPA (bank transfer), but for iDeal, the limit is EUR 10,000.
There are also commissions and withdrawal limits, but in this case, everything is determined by the withdrawn asset. For example, for Cardano, you can withdraw at least ADA 1, the fee is always strictly ADA 0.2. Withdrawal fees are not interest-based but fixed.

Account type	Spread (minimum value)	Withdrawal commission
Standard	From 0.04% per market order	Yes

What are trading signals?

Trading signals are signals to enter a trade, which the broker provides to traders. They can be based both on fundamental and technical analysis.

A broker can provide signals in several ways:

Copy trading.
Email alerts.
Signals through a blog on the website.
Recommendations of a personal manager, etc.

When choosing signals, it is important to take into consideration their profitability, the list of trading instruments, the conditions of their provision – fees, markup, etc.

Short introduction of Bitvavo

The Bitvavo exchange is one of the most popular platforms for margin trading in cryptocurrencies in Europe. More than 50 cryptocurrencies and tokens are traded on the exchange. In total there are over 70 trading instruments, including fiat funds. On Bitvavo you can trade Bitcoin, Ethereum, Litecoin, and other cryptocurrencies. There is a hot and cold storage method, and convenient input/output channels are provided. There is basic and advanced AML verification, a typical affiliate program with referral payments. The cryptocurrency exchange does not have a mobile application, its own trading terminal is available only in the browser version. Commissions are below the market average: for the entry-level - 0.25/0.15% (for the taker/maker, respectively).

💰 Account currency:	EUR, Cryptocurrencies
🚀 Minimum deposit:	No
⚖️ Leverage:	No
💱 Spread:	Market
🔧 Instruments:	Cryptocurrencies, EUR
💹 Margin Call / Stop Out:	No

Bitvavo Pros and Cons

👍 Advantages of trading with Bitvavo:

•no minimum deposit;

•many trading pairs, including pairs with fiat funds;

•in the trading terminal there’s not only the crypto exchange but also the exchanger;

•operating commissions are below the market average;

•a serious level of verification to ensure safety;

•suitable for both beginners and experienced traders;

•the crypto exchange operates under an official license.

👎 Disadvantages of Bitvavo:

•from fiat funds there are only euros;

•extended AML verification is required to access the full functionality.

Conclusion

Based on the results of the analysis, Traders Union analysts have concluded that Bitvavo does not have the best conditions for trading signals. The broker offers a limited choice of instruments, for which signals are provided, high fees and there are questions about signal profitability. Therefore, if you are planning to trade signals, it would be a good idea to consider another option.

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FAQs

Is automatic position opening based on signals possible?

Yes, it is what copy trading implies. In this case, all trades are copied automatically to the trader’s platform.

How do I test the signals if I can’t do it on a demo account?

In this case, it is best to test them using the minimum deposit. You will need to check the minimum deposit level of the broker.

Can I subscribe to several signal providers?

As a rule, brokers allow traders to do that. It is important to subscribe to several providers or newsletters, as it helps diversify the risks.