B
Bitfinex logo

Bitfinex

6.6/10

Colmex

6.1/10
3/10RegulationWinner4/10
6/10FeesWinner8/10
7/10PlatformsWinner9/10
10/10WinnerEducation & Research4/10
4/10Deposits & WithdrawalsTied4/10
10/10SupportTied10/10

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Overview

Bitfinex was founded in 2015 and is headquartered in New Zealand, while Colmex was established in 1990 and is based in Cyprus. Bitfinex holds licences including Financial Services Provider (FSP), while Colmex is regulated by Securities and Exchange Commission (SEC) among others. Bitfinex serves 10,000+ clients worldwide; Colmex has 10,000+. Both brokers share the same minimum deposit of $100.

Bitfinex wins this category
FeatureBitfinexColmex
Min. Deposit$100$100
RegulationFinancial Services Provider (FSP)Securities and Exchange Commission (SEC)
Founded20151990
CountryNew ZealandCyprus
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between Bitfinex and Colmex, directly affecting your bottom line as a trader. Both require a minimum deposit of $100. Bitfinex charges withdrawal fees while Colmex does not, a notable advantage for frequent withdrawers. Overall, Colmex scores higher on fees in our assessment.

Colmex wins this category
FeatureBitfinexColmex
Min. Deposit$100$100
Withdrawal FeesYesNo
Inactivity FeesNoNo
Deposit FeesNoNo
CFD FeesNoNo

Platforms

Bitfinex offers MT5, cTrader, while Colmex 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. Colmex edges ahead on platform breadth and functionality in our scoring.

Colmex wins this category
FeatureBitfinexColmex
MT4NoYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsAndroid Apps,iPhone/iPad,DesktopDesktop,Android,iPhone,Mac

Education & Research

Education and research tools help traders at every level make more informed decisions, and here's how Bitfinex and Colmex compare. Bitfinex runs regular live webinars; Colmex does not. Both provide video tutorials. Bitfinex publishes daily market commentary; Colmex does not. Both integrate third-party research tools. Bitfinex maintains an archive of past webinars for on-demand viewing. Bitfinex scores higher overall in education and research.

Bitfinex wins this category
FeatureBitfinexColmex
Forex EducationYesYes
CFD EducationYesNo
Weekly WebinarsYesNo
Daily CommentaryYesNo
Trading CentralYesNo
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 Colmex supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.

Tied
FeatureBitfinexColmex
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 Colmex 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
FeatureBitfinexColmex
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, and Chinese