Bitfinex
Forex EE
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Overview
Bitfinex was founded in 2015 and is headquartered in New Zealand, while Forex EE was established in 2008 and is based in Grenadines. Bitfinex holds licences including Financial Services Provider (FSP), while Forex EE is regulated by Ministry of Economic Affairs in Estonia among others. Bitfinex serves 10,000+ clients worldwide; Forex EE has 10,000+. Both brokers share the same minimum deposit of $100.
| Feature | Bitfinex | Forex EE |
|---|---|---|
| Min. Deposit | $100 | $100 |
| Regulation | Financial Services Provider (FSP) | Ministry of Economic Affairs in Estonia |
| Founded | 2015 | 2008 |
| Country | New Zealand | Grenadines |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Bitfinex and Forex EE, directly affecting your bottom line as a trader. Both require a minimum deposit of $100. Both brokers charge withdrawal fees. The two brokers are broadly comparable on fee structure.
| Feature | Bitfinex | Forex EE |
|---|---|---|
| Min. Deposit | $100 | $100 |
| Withdrawal Fees | Yes | Yes |
| Inactivity Fees | No | No |
| Deposit Fees | No | No |
| CFD Fees | No | No |
Platforms
Bitfinex offers MT5, cTrader, while Forex EE supports MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Bitfinex supports social and copy trading features, which Forex EE does not offer. The two brokers are closely matched on platform offering.
| Feature | Bitfinex | Forex EE |
|---|---|---|
| MT4 | No | No |
| 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 | MetaTrader 4 |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Bitfinex and Forex EE compare. Bitfinex runs regular live webinars; Forex EE does not. Both provide video tutorials. Bitfinex publishes daily market commentary; Forex EE 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.
| Feature | Bitfinex | Forex EE |
|---|---|---|
| Forex Education | Yes | Yes |
| CFD Education | Yes | No |
| Weekly Webinars | Yes | No |
| Daily Commentary | Yes | No |
| Trading Central | Yes | No |
| Autochartist | Yes | Yes |
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 Forex EE supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.
| Feature | Bitfinex | Forex EE |
|---|---|---|
| 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 Forex EE 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 | Forex EE |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |