B
Bitfinex logo

Bitfinex

6.6/10

Blackwell Global investments

6.2/10
3/10RegulationWinner6/10
6/10WinnerFees0/10
7/10PlatformsWinner9/10
10/10Education & ResearchTied10/10
4/10Deposits & WithdrawalsTied4/10
10/10SupportTied10/10

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 Blackwell Global investments was established in 2004 and is based in United States. Bitfinex holds licences including Financial Services Provider (FSP), while Blackwell Global investments is regulated by Unregulated among others. Bitfinex serves 10,000+ clients worldwide; Blackwell Global investments has 10,000+. The minimum deposit is $100 at Bitfinex and $10000 at Blackwell Global investments.

Bitfinex wins this category
FeatureBitfinexBlackwell Global investments
Min. Deposit$100$10000
RegulationFinancial Services Provider (FSP)Unregulated
Founded20152004
CountryNew ZealandUnited States
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between Bitfinex and Blackwell Global investments, directly affecting your bottom line as a trader. Bitfinex has a lower barrier to entry with a minimum deposit of $100 (vs $10000 at Blackwell Global investments). Both brokers charge withdrawal fees. Blackwell Global investments applies inactivity fees on dormant accounts; Bitfinex does not. Overall, Bitfinex scores higher on fees in our assessment.

Bitfinex wins this category
FeatureBitfinexBlackwell Global investments
Min. Deposit$100$10000
Withdrawal FeesYesYes
Inactivity FeesNoYes
Deposit FeesNoNo
CFD FeesNoNo

Platforms

Bitfinex offers MT5, cTrader, while Blackwell Global investments supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Bitfinex supports social and copy trading features, which Blackwell Global investments does not offer. Blackwell Global investments edges ahead on platform breadth and functionality in our scoring.

Blackwell Global investments wins this category
FeatureBitfinexBlackwell Global investments
MT4NoYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsAndroid Apps,iPhone/iPad,DesktopBlackwell Trader MT4, Mobile

Education & Research

Education and research tools help traders at every level make more informed decisions, and here's how Bitfinex and Blackwell Global investments compare. Both brokers run regular live webinars. Both provide video tutorials, including advanced content. Daily market commentary is available from both brokers. Both integrate third-party research tools including Trading Central. Archived webinars are available at both brokers for self-paced learning. The two brokers are evenly matched on educational content.

Tied
FeatureBitfinexBlackwell Global investments
Forex EducationYesYes
CFD EducationYesYes
Weekly WebinarsYesYes
Daily CommentaryYesYes
Trading CentralYesYes
AutochartistYesYes

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 Blackwell Global investments supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.

Tied
FeatureBitfinexBlackwell Global investments
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 Bitfinex and Blackwell Global investments 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
FeatureBitfinexBlackwell Global investments
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, and Chinese