3TG Brokers

Bybit Review: Detailed Analysis & Insights

Andriy BondarenkoAndriy Bondarenko

Explore our thorough Bybit review where we evaluate key aspects such as trading platforms, account options, fees, and customer support. Gain the insights you need to decide if Bybit aligns with your trading goals.

Bybit Logo

Bybit Overview

Websitebybit.com
Year Founded2018
Countries of RegistrationUnited Arab Emirates, Seychelles, British Virgin Islands, Austria
Website LanguagesEnglish, Indonesian, Spanish, Filipino, Kazakh, Portuguese, Russian, Vietnamese, Ukrainian, Arabic, Japanese, Simplified Chinese, Traditional Chinese
RegulatorsVARA, FMA, FIU, AFSA
Broker TypeECN
DealingA-book
Minimum Deposit$1
Account CurrenciesUSD, USDT, USDC, BTC, ETH
Spreadlow
Trading PlatformsBybit Web, Bybit App, MetaTrader 5 (MT5), TradingView
Trading AssetsCryptocurrencies, Perpetual Futures, Options, Commodities, Indices, Currencies, Stocks

Brief look at Bybit

Bybit is a leading crypto derivatives exchange founded in 2018. Serving traders in 160+ countries, it offers spot, perpetual futures, options and copy trading with leverage up to 1:500 and deep liquidity safeguarded by an insurance fund and auto-deleveraging. Headquartered in Dubai, Bybit provides a unified trading account, zero minimum deposit, negative-balance protection and a tiered VIP rebate program.

Pros

  • Zero minimum deposit and low trading fees
  • Unified trading account
  • 400+ crypto assets plus gold and index futures
  • Copy-trading marketplace and VIP rebates
  • Dubai VARA regulation and segregated client funds

Cons

  • Unavailable in US, UK, Canada, France and several sanctioned states
  • No EU/UK investor-compensation scheme

Is Bybit available in my country?

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Bybit doesn't accept clients from United States!

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Bybit Reviews

4.2/5
5 reviews
CryptoKing21

I recently signed up with Bybit and have been impressed by their user-friendly app. The demo account feature is fantastic for practicing before committing real funds. The minimum deposit is reasonable, and the spreads are competitive.

4/15/2025
TraderJoe88

Bybit offers great account types for different trading strategies. I appreciate the leverage options and the quick withdrawal time. However, I wish they had MT5 support. Overall, a solid broker for forex and crypto trading.

5/1/2025
ForexFan99

I had a decent experience with Bybit, but the login process can be a bit slow at times. I did enjoy the bonuses provided and the rebate options. The trading experience was smooth, but there is room for improvement.

3/20/2025
PipMaster

Absolutely love Bybit! The ability to download their app and trade on the go is a game changer. The spreads are tight, and the support team is helpful. I recommend trying the demo account before starting with real money.

4/30/2025
InvestSmart24

Bybit is a reliable broker with good trading options. I was pleased with the minimum deposit requirements and the features they offer. I primarily use MT5 for trading, and the platform works seamlessly. Overall, a good choice for traders.

5/10/2025

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Is Bybit regulated?

Companies
Bybit Fintech Ltd, UAB Onlychain Fintech Limited, Bybit Technology Limited, Bybit EU GmbH
Countries
United Arab Emirates, Seychelles, British Virgin Islands, Austria
Regulators
VARA, FMA, FIU, AFSA
Investor Protection
-
Investor Protection Size
-
Publicly Traded
Segregated Accounts
Guaranteed Stop Loss
Negative Balance Protection

Bybit Account Types

TradFi
Min Deposit: $1
Lot Size: 0.01
Spread Type: Floating
Execution: Market
Min Spread: 0.1 pips
Fee: $6 per 1 lot
Max Leverage: 1:500
Stop Out: 50%
Margin Call: 80%
Crypto Futures
Min Deposit: $1
Lot Size: 1 USDT
Spread Type: Floating
Execution: Market
Min Spread: 0.0 pips
Fee: 0.036% maker / 0.10% taker per 1 lot
Max Leverage: 1:125
Stop Out: 50%
Margin Call: 80%

Additional Features

  • Demo Account
  • VIP Account
  • Swap-Free Account
  • Copy Trading
  • VPS
  • PAMM/MAM Accounts

Bybit Funding and Fees

Base currencies
USD, USDT, USDC, BTC, ETH
Deposit and withdrawal methods
Credit/Debit Card, Bank Transfer, Apple Pay, Google Pay, Advcash, Banxa, Mercuryo, MoonPay, Cryptocurrencies (BTC, ETH, USDT, USDC)
Inactivity fee
Interest on margin
Withdrawal Fee
Variable (network fee, e.g. 0.0005 BTC)

Bybit Trading Platforms and Conditions

Trading Platforms
Bybit Web, Bybit App, MetaTrader 5 (MT5), TradingView
Execution Speed
- ms
Scalping
Expert Advisors (EAs)
Depth of Market (DOM)
Spread
low

Bybit Trading Assets

Currencies
61
Indices
22
Stocks
79
Cryptocurrencies
400
Bonds
0
Metals
2
Energies
3
Soft Commodities
0
ETFs
0

Education and Analytics

Economic Calendar
Indicators
Robots
Signals
Autochartist
Expert Analytics
News Feed
Education Articles
Webinars
Seminars

Bybit Support

Telegram
Facebook
LinkedIn
YouTube
Instagram
Twitter
TikTok
Reddit
Discord

Bybit Alternatives

BrokerBybitPrimeXBTeToro
TypeECNSTPMM, Social
Minimum Deposit$1$1$200
RegulatorsVARA, FMA, FIU, AFSAFSA, FSCA, BCR, FSCSFSA, FCA, CySEC, ASIC, SEC
PlatformsBybit Web, Bybit App, MetaTrader 5 (MT5), TradingViewPrimeXBT WebTrader, PXTrader, MetaTrader 5 (MT5), PrimeXBTeToro
Spreadlowlowhigh
Leverage1:5001:10001:30
AssetsCryptocurrencies, Perpetual Futures, Options, Commodities, Indices, Currencies, StocksForex, Indices, Shares, Commodities, CryptocurrenciesCurrencies, Indices, Stocks, ETFs, Cryptocurrencies, Metals, Energies, Soft Commodities

Is Bybit Right for You?

Bybit stands out as a leading crypto derivatives exchange, offering traders a robust platform with a unified trading account and over 400 crypto assets, including commodities and indices. With a zero minimum deposit requirement, low trading fees, and a tiered VIP rebate program, it caters well to both novice and experienced traders. Additionally, its regulatory framework in Dubai and features like negative-balance protection enhance user confidence. However, Bybit does have some notable drawbacks. It is unavailable in key markets such as the US, UK, Canada, and France, which limits access for many potential traders. Furthermore, the absence of an EU/UK investor-compensation scheme may deter users who prioritize security and regulatory backing. In conclusion, Bybit is an excellent choice for traders looking for a versatile and cost-effective platform, especially those based in regions where it operates. However, individuals in restricted countries or those seeking robust investor protection may want to consider alternative trading options.

FAQ

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Andriy Bondarenko

Andriy Bondarenko

Broker Analyst

Andriy is a seasoned expert in broker reviews with over a decade of experience in finance and trading. Under his leadership, the team produces in-depth and unbiased analyses of leading trading platforms.

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