B
Barclays logo

Barclays

8.4/10
Bithumb logo

Bithumb

4.8/10
7/10WinnerRegulation3/10
10/10WinnerFees1/10
9/10PlatformsTied9/10
10/10WinnerEducation & Research0/10
4/10Deposits & WithdrawalsTied4/10
10/10SupportTied10/10

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Overview

Barclays was founded in 2011 and is headquartered in United Kingdom, while Bithumb was established in 2009 and is based in Hong Kong. Barclays holds licences including Financial Conduct Authority (FCA), while Bithumb is regulated by Unregulated among others. Barclays serves 10,000+ clients worldwide; Bithumb has 10,000+. The minimum deposit is $0 at Barclays and $500 at Bithumb.

Barclays wins this category
FeatureBarclaysBithumb
Min. Deposit$0$500
RegulationFinancial Conduct Authority (FCA), Prudential Regulation Authority (PRA)Unregulated
Founded20112009
CountryUnited KingdomHong Kong
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between Barclays and Bithumb, directly affecting your bottom line as a trader. Barclays has a lower barrier to entry with a minimum deposit of $0 (vs $500 at Bithumb). Neither broker charges withdrawal fees. Overall, Barclays scores higher on fees in our assessment.

Barclays wins this category
FeatureBarclaysBithumb
Min. Deposit$0$500
Withdrawal FeesNoNo
Inactivity FeesNoNo
Deposit FeesNoNo
CFD FeesNoNo

Platforms

Barclays 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 Barclays does not offer. The two brokers are closely matched on platform offering.

Tied
FeatureBarclaysBithumb
MT4YesYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsDesktop, Tablet & Mobile appsiPhone/iPad,iOS,Mac

Education & Research

Education and research tools help traders at every level make more informed decisions, and here's how Barclays and Bithumb compare. Barclays runs regular live webinars; Bithumb does not. Barclays has a video library; Bithumb does not. Barclays publishes daily market commentary; Bithumb does not. Barclays integrates third-party research tools (Trading Central, Autochartist); Bithumb does not. Barclays maintains an archive of past webinars for on-demand viewing. Barclays scores higher overall in education and research.

Barclays wins this category
FeatureBarclaysBithumb
Forex EducationYesNo
CFD EducationYesNo
Weekly WebinarsYesNo
Daily CommentaryYesNo
Trading CentralYesNo
AutochartistYesNo

Deposits & Withdrawals

Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Barclays 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.

Tied
FeatureBarclaysBithumb
Bank TransferYesYes
Credit CardYesYes
PayPalNoNo
SkrillNoNo
NetellerNoNo

Support

Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both Barclays 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.

Tied
FeatureBarclaysBithumb
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, and Chinese