BTC65420.0 2.40%
ETH3500.0 1.20%
EUR/USD1.0840 0.10%
GBP/USD1.2650 0.05%
GOLD2350.0 0.80%
OIL85.4000 0.50%
SPX5200.0 0.60%
NDX18100.0 0.90%
USD/JPY151.2 0.20%
TSLA175.4 1.20%
BTC65420.0 2.40%
ETH3500.0 1.20%
EUR/USD1.0840 0.10%
GBP/USD1.2650 0.05%
GOLD2350.0 0.80%
OIL85.4000 0.50%
SPX5200.0 0.60%
NDX18100.0 0.90%
USD/JPY151.2 0.20%
TSLA175.4 1.20%

Bybit Review

4.8

Bybit is a top-tier crypto derivatives exchange known for its Unified Trading Account (UTA) which allows cross-margin trading across crypto and "TradFi" assets. In 2025, Bybit expanded its ecosystem with MetaTrader 5 support for Forex/Gold and "Copy Trading Pro", a fund-manager style investment product.

Visit Bybit
Bybit Fintech Limited is registered in Seychelles. Bybit is authorized as a Virtual Asset Platform Operator by VARA in Dubai.

Pros

  • Unified Trading Account (UTA) capital efficiency
  • MetaTrader 5 for Forex & Commodities (TradFi)
  • 99.99% system availability (No Overloads)
  • Deep liquidity for derivatives

Cons

  • Complex interface for absolute beginners
  • Fiat withdrawal options vary by region
  • Different KYC levels required for features

Unified Trading Account (UTA)

The UTA is Bybit's flagship feature. It allows you to use over 70 assets (like BTC, ETH, USDT) as collateral for trading spot, margin, and perpetual futures without swapping coins. This maximizes capital efficiency and simplifies risk management.

MT5 & TradFi

Unlike most crypto exchanges, Bybit offers a dedicated **MetaTrader 5** account. This allows you to trade traditional assets like Forex pairs, Gold, and Oil using USDT as collateral, bridging the gap between crypto and traditional finance.

FAQs about Bybit

What is the Unified Trading Account?

The UTA allows you to trade Spot, Margin, and Futures from a single account, using multiple crypto assets as cross-margin collateral.

Does Bybit offer MT5?

Yes, Bybit offers MT5 specifically for trading "TradFi" assets like Forex, Commodities, and Indices using USDT tethered funding.

What are the fees?

Spot fees are generally 0.1%. Derivatives fees start at 0.06% for takers and 0.01% for makers. VIP levels get significant discounts.

Is KYC required?

Yes, mandatory Level 1 KYC is required to use Bybit services, including deposits and trading.

What is Copy Trading Pro?

It is a new investment product where you invest funds directly with a vetted "Pro Master" who manages the strategy, similar to a hedge fund structure.

Regulatory Risk Warning

Crypto derivatives are highly volatile products. Please ensure you understand the risks involved and do not invest money you cannot afford to lose.