Bookmap Review

Promoted as an advanced trading tool with numerous essential features, Bookmap assured traders of a comprehensive supply of trading information. Traders can know about market liquidity, the volume of trades, and much more. 

According to the vendor, this trading platform is capable of connecting to around 20 cryptocurrency exchanges and offers the data for free. The offices are located in New York, USA, and in Cyprus. We found location info on the official site like the physical address and phone contact number along with an email address for customer support. Know more about this trading platform in our Bookmap review.

Bookmap Offering

Visual data on the traded volume is a very useful tool for traders. This trading software gives a better insight into the equities, crypto, and futures markets. Some of the crucial features that the software application focuses on include

• Ability to view historical data with the heatmap feature
• Traded volume can be viewed in 3D 
• Ability to connect to multiple exchanges and access data freely 
• Ability to view 20 currency pairs simultaneously
• View non-aggregated market data
• Access several add ons like Multibook

Using this trading application is easy and completed in a few steps. You need to register for the service and install the software. Use a compatible crypto exchange to link the software and you are ready to analyze the market from the market liquidity, volume, and market orders. With the info provided by the trading application, you can trade effectively.

The pricing of this service is $195 per year. The package includes the desktop software, real-time market information, API for automated trading strategies and custom indicators, 20 supported exchanges and 20 trading pairs, and more. A free version is available, but with fewer features.

The Idea Behind Bookmap

Traders need to have as much data as possible about the market conditions and trading features to execute successful trades. Bookmap provides a candid visualization of all market data without any compromise in the info, lag, and aggregation. It is possible to see every trading detail up to nanoseconds. 

The trading software has been developed to avoid the aggregated or filtered info provided by the prevailing charting tools. With its order book and heatmap visualization, traders can make informed decisions and identify patterns easily and with greater insight.

The order book and heat map combination ensure easy access from a single screen 24/7. This trading platform focuses on providing trading info as well as supply a platform where you can trade using the simulation or live mode.

The Core Team

We could not find much info about the developers or the team behind this platform on the official site. Tsachi Galanos is the CEO of the company, which has around 50 employees. The company developed the trading software in 2016 focused on traders mainly. It also provides API access and a custom service for quants.

Safety of Bookmap and the Network

For trading platforms security is a key feature. However, we could not find any mention of security features on the site. While the site reveals troubleshooting info on its knowledge base page, general security is not mentioned. 

User Resources

Several resources are made available for traders via this site like the knowledge base, glossary, webinars, blog, forum, and community. An education course is offered for users for live trading assistance that includes daily webinars, training exercises, video guides, and a blog. The live trading guides are done by professional traders, Bruce Pringle, Scott Pulcini, and JTrader. Features like real-time analysis of the market conditions, trade opportunity identification, price movement prediction, and debriefing of trading activity are taught in the webinars.

Client Testimonials

Around 140 user reviews are present on the Trustpilot site for this trading tool with a rating of 4.3/5. Here are a few of the reviews:

The positive reviews indicate the service is very useful and provides good liquidity and other important trading information. From the negative reviews, we could see that the price is expensive and that the platform provides unnecessary and unwanted info. Another user mentions bad customer support.