Bitfinex
Bithumb
BrokerDataNet earns affiliate commission from brokers listed on this site. This does not affect our ratings or editorial independence.
Overview
Bitfinex was founded in 2015 and is headquartered in New Zealand, while Bithumb was established in 2009 and is based in Hong Kong. Bitfinex holds licences including Financial Services Provider (FSP), while Bithumb is regulated by Unregulated among others. Bitfinex serves 10,000+ clients worldwide; Bithumb has 10,000+. The minimum deposit is $100 at Bitfinex and $500 at Bithumb.
| Feature | Bitfinex | Bithumb |
|---|---|---|
| Min. Deposit | $100 | $500 |
| Regulation | Financial Services Provider (FSP) | Unregulated |
| Founded | 2015 | 2009 |
| Country | New Zealand | Hong Kong |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Bitfinex and Bithumb, directly affecting your bottom line as a trader. Bitfinex has a lower barrier to entry with a minimum deposit of $100 (vs $500 at Bithumb). Bitfinex charges withdrawal fees while Bithumb does not, a notable advantage for frequent withdrawers. Overall, Bitfinex scores higher on fees in our assessment.
| Feature | Bitfinex | Bithumb |
|---|---|---|
| Min. Deposit | $100 | $500 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | No | No |
| Deposit Fees | No | No |
| CFD Fees | No | No |
Platforms
Bitfinex offers MT5, cTrader, while Bithumb supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Both brokers support copy or social trading, catering to less hands-on investors. Bithumb edges ahead on platform breadth and functionality in our scoring.
| Feature | Bitfinex | Bithumb |
|---|---|---|
| MT4 | No | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | Android Apps,iPhone/iPad,Desktop | iPhone/iPad,iOS,Mac |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Bitfinex and Bithumb compare. Bitfinex runs regular live webinars; Bithumb does not. Bitfinex has a video library; Bithumb does not. Bitfinex publishes daily market commentary; Bithumb does not. Bitfinex integrates third-party research tools (Trading Central, Autochartist); Bithumb does not. Bitfinex maintains an archive of past webinars for on-demand viewing. Bitfinex scores higher overall in education and research.
| Feature | Bitfinex | Bithumb |
|---|---|---|
| Forex Education | Yes | No |
| CFD Education | Yes | No |
| Weekly Webinars | Yes | No |
| Daily Commentary | Yes | No |
| Trading Central | Yes | No |
| Autochartist | Yes | No |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Bitfinex 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 | Bitfinex | 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 Bitfinex 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 | Bitfinex | Bithumb |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |