Advanced Global Markets
Bithumb
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Overview
Advanced Global Markets was founded in 1992 and is headquartered in Cyprus, while Bithumb was established in 2009 and is based in Hong Kong. Advanced Global Markets holds licences including Cyprus Securities and Exchange Commission (CySEC), while Bithumb is regulated by Unregulated among others. Advanced Global Markets serves 10,000+ clients worldwide; Bithumb has 10,000+. Both brokers share the same minimum deposit of $500.
| Feature | Advanced Global Markets | Bithumb |
|---|---|---|
| Min. Deposit | $500 | $500 |
| Regulation | Cyprus Securities and Exchange Commission (CySEC) | Unregulated |
| Founded | 1992 | 2009 |
| Country | Cyprus | Hong Kong |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Advanced Global Markets and Bithumb, directly affecting your bottom line as a trader. Both require a minimum deposit of $500. Advanced Global Markets charges withdrawal fees while Bithumb does not, a notable advantage for frequent withdrawers. Advanced Global Markets charges deposit fees; Bithumb does not. Overall, Bithumb scores higher on fees in our assessment.
| Feature | Advanced Global Markets | Bithumb |
|---|---|---|
| Min. Deposit | $500 | $500 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | No | No |
| Deposit Fees | Yes | No |
| CFD Fees | Yes | No |
Platforms
Advanced Global Markets offers MT4, MT5, cTrader, while Bithumb supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Bithumb supports social and copy trading features, which Advanced Global Markets does not offer. The two brokers are closely matched on platform offering.
| Feature | Advanced Global Markets | Bithumb |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MT4 | iPhone/iPad,iOS,Mac |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Advanced Global Markets and Bithumb compare. Advanced Global Markets runs regular live webinars; Bithumb does not. Advanced Global Markets has a video library; Bithumb does not. Advanced Global Markets publishes daily market commentary; Bithumb does not. Advanced Global Markets integrates third-party research tools (Trading Central); Bithumb does not. Advanced Global Markets maintains an archive of past webinars for on-demand viewing. Advanced Global Markets scores higher overall in education and research.
| Feature | Advanced Global Markets | Bithumb |
|---|---|---|
| Forex Education | No | No |
| CFD Education | Yes | No |
| Weekly Webinars | Yes | No |
| Daily Commentary | Yes | No |
| Trading Central | Yes | No |
| Autochartist | No | No |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Advanced Global Markets accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while Bithumb supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.
| Feature | Advanced Global Markets | Bithumb |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | No |
| Skrill | No | No |
| Neteller | No | No |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both Advanced Global Markets and Bithumb offer live chat support. Both provide phone support. Email support is available at both brokers. Both brokers offer support in 2 languages. Both brokers are comparable on support quality.
| Feature | Advanced Global Markets | Bithumb |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |