deposit:
- 2 AUD
Trading platform:
- TradingView
Digital Surge Review 2024
deposit:
- 2 AUD
Trading platform:
- TradingView
- From fiat currency only AUD is available here
- a lot of cryptocurrencies and coins
- the pool of assets is constantly updated
- convenient modifications of the trading terminal to automate trading, alert system, profitable referral program, no investment programs, no commission for deposit/withdrawals
- and there are several trading levels.
Summary of Digital Surge Crypto Exchange
Digital Surge is a cryptocurrency exchange with higher-than-average risk and the TU Overall Score of 3.16 out of 10. Having reviewed trading opportunities offered by the company and reviews posted by Digital Surge clients on our website, Traders Union expert Anton Kharitonov recommends users to consider a more reliable broker with better conditions, as, according to reviews, many clients of this broker are not satisfied with the company’s work. Digital Surge ranks 116 among 173 companies featured in the TU Rating, which is based on the evaluation of 100+ criteria.
The Digital Surge crypto exchange offers lightning-fast and convenient trading of cryptocurrency, coins, and Australian fiat. TradingView's standard trading terminal incorporates several smart solutions to facilitate trading. For example, you can set pre-orders and optimize investments by the average dollar cost (DCA) indicator. The mobile trading app has the full functionality of the browser-based terminal. The exchange does not impose any restrictions on clients (except for the mandatory minimum deposit). The main advantages of the site are profitable commissions, high referral payments, high speed of transactions, a modern security system, and a constantly replenished pool of cryptocurrency assets.NOTE!
If you are planning to trade cryptocurrencies, and not just keep your savings in crypto wallets, we recommend that you choose one of the top brokers with reliable regulation and access to trading crypto CFDs. This type of trading will help you avoid holding your cryptocurrency in e-wallets of exchanges, which quite regularly get hacked. Also, availability of leverage will allow you to trade crypto CFDs for amounts much higher than your deposit.
Traders Union experts recommend considering Top 3 companies from our rating:
Digital Surge is a cryptocurrency and token trading platform with no restrictions on trading strategies. Bitcoin (₿), Litecoin (Ł), Ethereum (Ξ), Bitcoin Cash, Cardano, Ripple, and dozens of other cryptocurrencies and coins are available to its clients, yet, only the Australian dollar is presented among fiat currencies. Client funds are stored on a personal multicurrency wallet, which is provided free of charge. The wallet can be used for storing cryptocurrencies, and paying online and offline purchases. Trading is possible both in the browser and in the mobile application. Of the additional options for earnings, only a referral program with payments of 50% of the commissions of referrals is available. Investing on the site is not possible. The exchange is characterized by the average trading commissions at the start (up to 0.5%), complete transparency of the trading activities, and a high level of security of user funds and data.
💰 Account currency: | Cryptos, AUD |
---|---|
🚀 Minimum deposit: | 2 AUD |
⚖️ Leverage: | 1:1 |
💱 Spread: | Market |
🔧 Instruments: | Cryptos, AUD |
💹 Margin Call / Stop Out: | No |
👍 Advantages of trading with Digital Surge:
- the most popular cryptocurrencies and tokens are traded on the exchange;
- confirmation and execution of each transaction takes no more than 2 minutes;
- instantaneous deposit and withdrawal of cryptocurrencies in 24/7 mode;
- trading commissions starting from 0.1% (depends on the client's trading level);
- each client is provided with a free multi-currency wallet;
- extended functionality of trading terminal and applications;
- up-to-date security system;
- prompt technical support in the online chat;
- in addition to the standard FAQs section, there are training guides for beginners.
👎 Disadvantages of Digital Surge:
- no investment solutions;
- only one fiat currency (Australian dollar);
- there is no demo mode.
Evaluation of the most influential parameters of Digital Surge
Geographic Distribution of Digital Surge Traders
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Expert Review of Digital Surge
The Digital Surge cryptocurrency exchange was launched in 2017 and is headquartered in Brisbane, Australia. It has a valid license, which is ACN 620473109. The company works transparently, no facts of violation of local or international legislation were noted, nor is there evidence of non-fulfillment of obligations to clients.
The site meets modern standards of technology, security, and functionality. The TradingView terminal is standard, and the interface is adaptive with an opportunity for individual customization. The exchange integrated several proprietary features into the trading terminal, which were appreciated by traders as greatly extending trading opportunities. Most of the features are aimed at automating and simplifying trading, which is an advantage for both novice traders and experienced players.
The exchange is characterized by a low entry threshold because it has a small minimum deposit of 2 AUD, standard verification, and an intuitive trading terminal. Limits are significant and there are no restrictions on trading strategies. Digital Surge charges average trading commissions for the segment, which are 0.1-0.5% depending on the trading level volumes of the trader. There are no other commissions, only third-party service charges for depositing/withdrawing funds. These are standard fees for such transfers.
The disadvantages of the platform include the presence of only one fiat, namely the Australian dollar, and the complete lack of investment programs. According to experts, the addition of the American dollar, as well as stacking features would allow the platform to expand its coverage. For active traders, these are very tentative disadvantages, which can hardly affect the convenience and profitability of trading.
Dynamics of Digital Surge’s popularity among
Traders Union’s traders, according to 2023 data
Investment Programs, Available Markets, and Products of the Crypto Exchange
This cryptocurrency exchange does not provide its clients with passive income options, except for its referral program. Investing in staking and other specialized solutions is not possible here. Users can only earn from buying and selling cryptocurrencies, coins, and fiat currency.
If you are a large investor and plan on investments over $10,000, contact us at vip-invest@tradersunion.com or by the feedback form on our website. Our professional team will take you through all the intricacies of the deal and all the steps from signing up to withdrawal of profits.
Digital Surge’s affiliate program
The exchange has a standard affiliate (referral) program, and it is available to each client after registration and verification. The entry algorithm is piece of cake.
In the "Partners" section of the myAlpari, each user has access to a personal link. It can be placed on any third-party platform without restrictions. Each trader, who passes on this link to the exchange, registers and verifies, will bring the owner of the link income. Profit is 50% of all trading commissions of the referred user.
For example, if the user has sold Bitcoin for AUD and the transaction amounted to $1,000, his commission on the first trading level equals $5. The owner of the link, which he used to register on the exchange, will receive a $2.5 bonus for this transaction.
Full statistics on links, referrals, and payouts are available in the member’s area section labeled "Partners". Bonus payments are paid till the 15th of the next calendar month. This program is unlimited, which means that exchange clients can have any number of referrals. Referrals save their status and bring bonus income as long as they are trading on the exchange.
Trading Conditions for Digital Surge Users
To start trading on Digital Surge, you need to go through the registration procedure and be verified. Usually, verification takes no more than a day. After verification, the trader gets full access to the platform functionalities and can trade immediately after making a deposit. The minimum deposit is 2 Australian dollars or the equivalent amount in any cryptocurrency. The trader trades based on his strategies, the exchange does not restrict strategies. Leverage is not provided, so users can only rely on their budget. Technical support is accessed by several options such as online chat, a tickets system, and email. The most expeditious consultation is through online chat. The company does not have a call center.
2 AUD
Minimum
deposit
1:1
Leverage
24/7
Support
💻 Trading platform: | Modified TradingView |
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📊 Accounts: | Standard |
💰 Account currency: | Cryptos, AUD |
💵 Replenishment / Withdrawal: | Bank cards and accounts, electronic wallets, and cryptocurrencies |
🚀 Minimum deposit: | 2 AUD |
⚖️ Leverage: | 1:1 |
💼 PAMM-accounts: | No |
📈️ Min Order: | From 0 |
💱 Spread: | Market |
🔧 Instruments: | Cryptos, AUD |
💹 Margin Call / Stop Out: | No |
🏛 Liquidity provider: | No |
📱 Mobile trading: | Yes |
➕ Affiliate program: | Yes |
📋 Orders execution: | Not indicated |
⭐ Trading features: | From fiat currency only AUD is available here; a lot of cryptocurrencies and coins; the pool of assets is constantly updated; convenient modifications of the trading terminal to automate trading, alert system, profitable referral program, no investment programs, no commission for deposit/withdrawals; and there are several trading levels. |
🎁 Contests and bonuses: | Yes, the Traders Union |
Broker comparison table of trading instruments
Digital Surge | Bybit | OKX | XT.com | CoinEx | Phemex | |
Forex | No | No | No | No | No | No |
Metalls | No | No | No | No | No | No |
Crypto | Yes | Yes | Yes | Yes | Yes | Yes |
CFD | No | No | No | No | No | No |
Indexes | No | No | No | No | No | No |
Stock | No | No | No | No | No | No |
ETF | No | No | No | No | No | No |
Options | No | No | No | No | No | No |
Digital Surge Commissions & Fees
-
Level 1: less than 100,000 AUD traded, is 0.5%;
-
Level 2: more than 100,000 AUD traded, but less than 250,000 AUD, is 0.4%;
-
3 level: over 250,000 AUD, but less than 500,000 AUD, it is 0.3%;
-
4 level: more than 500,000 AUD is traded, but less than 1,000,000 AUD, it is 0.2%;
-
Level 5: more than 1,000,000 AUD is traded, then the commission is 0.1%.
The level is determined by the trading volume of the user over the last 30 days. The trading volume is recalculated every 60 minutes. It is measured in Australian dollars, but all trades are considered regardless of the assets involved.
Account type | Spread (minimum value) | Withdrawal commission |
Standard | Up to 0.5% per order | No |
The exchange does not take a commission for deposits and withdrawals in Australian dollars (but it can be taken by the third-party services selected by the client). For deposit and withdrawals of cryptocurrencies, there are also no commissions, except for standard network commissions. These commissions are dynamic and depend on market conditions and network load. All fees are indicated in real-time at the time of withdrawal.
Broker | Average commission | Level |
Digital Surge | $0.5 | Medium |
Bybit | $20 | High |
Bitfinex | $0.1 | Low |
Contacts
Foundation date | 2017 |
Registration address | Brisbane, Queensland, Australia |
Official site | https://digitalsurge.com.au/ |
Contacts |
Email:
contact@digitalsurge.com.au,
|
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FAQs
Do reviews by traders influence the Digital Surge rating?
Any review can raise or lower the rating of any broker in the general list of brokers. To read reviews about Digital Surge you need to go to the broker's profile.
How to leave a review about Digital Surge on the Traders Union website?
To leave a review about Digital Surge, register on the Traders Union website or you can also leave a review through Facebook.
Is it possible to leave a comment about Digital Surge on a non-Traders Union client?
Anyone can leave feedback about Digital Surge on multiple participating clients; however, Traders Union clients also receive additional payments later for working with any broker listed at the Forex market.