Amber Premium (WhaleFin) Review 2026
Learn more about TU’s methodology
- 1 USDT
or $50,000
(for bank transfers)
- Web platform
- Mobile Apps
- Support for various strategies and investment tools, trading via browser and mobile applications apps
Our Evaluation of Amber Premium
Learn more about TU’s methodology
Amber Premium is a moderate-risk cryptocurrency exchange with the TU Overall Score of 5.43 out of 10. Having reviewed trading opportunities offered by the company and reviews posted by Amber Premium clients on our website, Traders Union expert Anton Kharitonov recommends users to thoroughly analyze pros and cons before opening an account with this broker as not all clients are satisfied with the company, according to reviews.
Amber Premium is a crypto platform regulated in multiple jurisdictions. It provides spot, margin, and algorithmic trading, as well as investing, crypto-backed loans, and an affiliate program. Amber Premium aggregates liquidity from both centralized and decentralized platforms. It supports more than 50 cryptocurrencies and provides advanced API functionality for trading and wallet queries. OpenAPI infrastructure allows for regular feature updates. Mobile applications are available for major operating systems.
How we tested Amber Premium
Traders Union has analyzed financial markets for over 14 years, evaluating brokers based on 250+ transparent criteria, including security, regulation, and trading conditions. Our expert team of over 50 professionals regularly updates a Watch List of 500+ brokers to provide users with data-driven insights. While our research is based on objective data, we recommend that users perform independent due diligence and consult official regulatory sources before making any financial decisions.
Learn more about our methodology and editorial policies.
Brief Look at Amber Premium
Amber Premium (WhaleFin) is the flagship product of Amber Group, a global fintech company founded in 2017 by former traders from Morgan Stanley, Bloomberg, and Goldman Sachs, specializing in digital assets. Amber Group operates under regulation and licensing in several jurisdictions, including the U.K., the Bahamas, and Singapore. Amber Premium offers retail and institutional clients access to spot, margin, and algorithmic trading, as well as investment products, including fixed-income options. For executing trades, traders and investors can use a web platform and mobile applications.
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- Aggregates liquidity from CeFi and DeFi exchanges for better real-time prices and provides deep liquidity even for less popular assets.
- Offers margin trading with collateral valuation based on a haircut system.
- Provides access to a wide range of digital assets and trading pairs.
- Supports API access for algorithmic and institutional trading, as well as browser and mobile platforms with an intuitive interface.
- Not available to users from certain countries.
- No demo account or structured educational materials for beginners.
TU Expert Verdict
Chief Analytics Officer
Amber Premium provides access to trading 56 cryptocurrencies through spot, margin, and algorithmic strategies on browser-based and mobile platforms. The exchange aggregates liquidity from centralized and decentralized sources and supports retail and institutional accounts, including a tiered VIP system. Users benefit from competitive spot trading fees starting at 0.05%, robust API functionality, and availability of staking, as well as security features like two-factor authentication, facial recognition, and government regulation in several regions including the U.K., Australia, Switzerland, and Hong Kong.
However, a notable drawback is the lack of Tier-1 regulation and the absence of an investor protection fund, which may result in lower client asset safeguards compared to leading competitors. Other disadvantages include a minimum deposit of $50,000 for bank transfers, limited fiat support, withdrawal fees, and only 56 supported coins, which is fewer than many major exchanges. Amber Premium may not be suitable for beginners or those seeking advanced features or a wide asset selection.
Amber Premium Summary
Your capital is at risk. Cryptocurrency trading can be extremely risky. Cryptocurrency trading can lead to large and immediate financial losses. The volatility and unpredictability of the price of cryptocurrency relative to fiat currency may result in significant loss over a short period of time. Transactions in cryptocurrency may be irreversible, and, accordingly, losses due to fraudulent or accidental transactions may not be recoverable. The nature of cryptocurrency may lead to an increased risk of fraud or cyber attack.
| 💻 Trading platform: | Mobile apps, web platform |
|---|---|
| 📊 Accounts: | Real (Non-VIP, VIP 1 — VIP 6) |
| 💰 Account currency: | USD, cryptocurrencies |
| 💵 Deposit / Withdrawal: | Cryptocurrencies, bank transfers |
| 🚀 Minimum deposit: | 1 USDT or $50,000 (for bank transfers) |
| ⚖️ Leverage: | Up to 1:3 |
| 💼 Copy Trading: | No |
| 📈️ Min Order: | Depends on the chosen pair |
| 💱 Commission: | Spot: 0.05%-0.05% |
| 🔧 Instruments: | 56 supported coins. |
| 💹 Margin Call / Stop Out: | No |
| 🏛 Liquidity provider: | No |
| 📱 Mobile trading: | Yes |
| ➕ Affiliate program: | Yes |
| 📋 Order execution: | Limit, Market, Conditional |
| ⭐ Trading features: | Support for various strategies and investment tools, trading via browser and mobile applications apps |
| 🎁 Contests and bonuses: | No |
Amber Premium supports spot, swap, classic, margin, and algorithmic trading. This allows users the flexibility to choose the appropriate trading format depending on their strategy, experience level, and goals – from instant swaps to advanced leverage speculation and trades using automated algorithms. Various order types and execution strategies are available, including GTC (Good till Canceled), IOC (Immediate or Cancel), FOK (Fill or Kill).
Amber Premium Key Parameters Evaluation
Regulation and Safety
With a 5/10 score, Amber Premium demonstrates a moderate level of security and regulation. While the platform meets basic safety standards, it may not offer the same level of protection as higher-rated exchanges.
- Government-regulated
- No successful hacks history
- U.S-regulated
- 2FA
- Facial recognition
- Cold wallet storage is not mandatory
- No investor protection fund
- Not tier-1 regulated
Amber Premium Security Factors
We also compared Amber Premium against the top two competitors with the highest scores in our overall ranking based on the most critical security indicators.
| Amber Premium | Kraken | Coinbase | |
| Tier-1 regulation | No | Yes | Yes |
| Government-regulated | Yes | Yes | Yes |
| Investor protection fund | No | No | Yes |
| 2FA | Yes | Yes | Yes |
| Facial recognition | Yes | No | No |
| Cold wallet storage | - | Yes | Yes |
| Successful hacker attacks | No | No | Yes |
Is Amber Premium a regulated crypto exchange?
Amber Premium is regulated by a government authority, ensuring compliance with national and international standards. However, it does not hold Tier-1 regulation (e.g., in the U.S., UK, Germany, Spain, France, Australia, Singapore, or other jurisdictions with strict financial oversight). While this regulation provides an added layer of security and legitimacy, it may not offer the highest level of investor protection found in top-tier regulatory environments.
Amber Premium is authorized or licensed in accordance with local regulations in the following regions: Australia, Switzerland, Hong Kong.
Is verification (KYC) mandatory at Amber Premium?
Yes, KYC verification is mandatory at Amber Premium. You will need to complete the verification process before you can open an account and access the platform's full range of services.
Is Amber Premium available in the USA?
Yes, Amber Premium is available in the USA. However, availability may vary by state due to local regulations. We recommend checking the official website or contacting support for up-to-date information specific to your location.
Amber Premium commissions and fees
Amber Premium received a 7.75/10 score for its trading fees. While Amber Premium is not the cheapest crypto exchange, the fees remain reasonable and competitive within the market.
- Spot fee below industry average
- No deposit fee
- Withdrawal fee may be applied
- P2P fee applied
What are Amber Premium trading fees?
We analyzed Amber Premium’s crypto fees and compared them to the top two competitors, both of which hold high average positions in our rankings. To establish a comprehensive benchmark, we also calculated the average fee score based on an evaluation of over 100 cryptocurrency exchanges.
Amber Premium trading fees vs competitors
| Amber Premium (WhaleFin) | Nexus Trade | CoinMetro | Industry average | |
| Spot, maker fee (%) | 0.05 | 0.22 | 0.1 | 0.15 |
| Spot, taker fee (%) | 0.05 | 0.22 | 0.2 | 0.194 |
What are Amber Premium deposit and withdrawal fees?
| Deposit fee, % | 0 |
| Withdrawal fee, % | Network fees apply |
Does Amber Premium offer P2P trading?
No, Amber Premium does not support P2P transactions. However, you can explore the best alternatives in our dedicated list of top P2P exchange platforms, offering a variety of secure options for peer-to-peer transactions.
Deposit and Withdrawal
Amber Premium received a 4/10 rating for its deposit and withdrawal services. Amber Premium offers limited funding options and may charge fees, which could be inconvenient for many users.
- Many cryptocurrencies for deposits and withdrawals
- No deposit fees
- Bank transfers for deposits and withdrawals
- Withdrawal fee applies
- No support for bank card payments
Deposit and withdrawal options
Amber Premium supports the following deposit and withdrawal options: Bank transfers, Crypto.
Amber Premium Deposit and withdrawal options vs competitors
| Amber Premium | Kraken | Coinbase | |
| Bank transfers | Yes | Yes | Yes |
| Bank card | No | Yes | Yes |
| Crypto | Yes | Yes | Yes |
| PayPal | No | Yes | Yes |
What is Amber Premium minimum deposit?
The minimum deposit at Amber Premium is 50000 USD/USDT or 1 BTC. The minimum trade size is 100 USD/USDT, which also serves as the minimum amount required to start trading on the platform.
Amber Premium minimum deposit vs competitors
| Amber Premium | Kraken | Coinbase | |
| Minimum deposit, USD or USDT | 50000 | 10 | 10 |
| Minimum deposit, BTC | 1 | 1 | 1 |
| Minimum trade amount, USD/USDT | 100 | 1 | 2 |
Does Amber Premium support fiat money?
Amber Premium does not support fiat currencies; only cryptocurrencies are accepted.
Supported coins & markets
Amber Premium received a score of 2/10 in this category, indicating a modest offering of assets and markets. While Amber Premium covers essential trading functions, the number of supported coins, fiat currencies, and investment tools may be insufficient for users seeking more comprehensive options.
- Staking available
- Other supported products
- Fiat currencies not supported
- Crypto options not available
Amber Premium supported coins and markets vs competitors
We compared Amber Premium with leading exchanges in terms of supported coins, NFT access, and derivatives like futures and options to help users assess the platform’s product range and trading flexibility.
| Amber Premium (WhaleFin) | Kraken | Coinbase | |
| Supported coins | 56 | 278 | 249 |
| Futures/Perpetual contracts | No | Yes | Yes |
| Options | No | No | No |
| NFTs | No | Yes | Yes |
Amber Premium passive income options vs competitors
We also compared Amber Premium with top competitors in terms of passive income opportunities such as staking, farming, and copy trading, to help users evaluate the platform’s earning potential beyond regular trading.
| Amber Premium (WhaleFin) | Kraken | Coinbase | |
| Staking | Yes | Yes | Yes |
| Yield farming | No | Yes | Yes |
| Copy trading | No | Yes | No |
Trading apps & tools
Amber Premium received a score of 6.2/10 for offering a solid set of tools. The apps are intuitive and reliable, though certain advanced features remain limited or could benefit from further development.
- Positive user feedback on the iOS app
- Fast and secure login with Face ID
- Mobile indicators allowed
- App data protection with 2FA
- No access to Copy Trading
- No standalone desktop access
- Android App score below 4 points
Trading apps
Amber Premium provides web and mobile apps for both Android and iOS users, with an average rating of 4.5 on the App Store and 3.4 on Google Play. Our review focused on core features important to traders, particularly trading functionality and security tools, to evaluate how convenient and safe the Amber Premium platform is for mobile use.
| Amber Premium (WhaleFin) | Kraken | Coinbase | |
| 2FA | Yes | Yes | Yes |
| Face ID | Yes | No | No |
| Mob Indicators | Yes | Yes | Yes |
| Alerts | No | Yes | Yes |
| Advanced Orders | No | Yes | Yes |
| Trading with bots | No | No | No |
| API | Yes | Yes | Yes |
| Extra trading platforms | No | No | No |
Does Amber Premium offer a desktop app?
No, Amber Premium does not currently offer a desktop app. However, users can access the platform via its web version, which provides more comprehensive functionality compared to the mobile apps.
Does Amber Premium offer advanced charting with TradingView integration?
No, Amber Premium does not currently support TradingView integration. However, it provides its own built-in charting tools with basic indicators and timeframes.
Contacts
| Official site | https://www.ambr.io/global |
|---|
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