Bitfinex
Spreadex
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 Spreadex was established in 1999 and is based in UK. Bitfinex holds licences including Financial Services Provider (FSP), while Spreadex is regulated by Financial Conduct Authority (FCA) among others. Bitfinex serves 10,000+ clients worldwide; Spreadex has 10,000+. The minimum deposit is $100 at Bitfinex and $0 at Spreadex.
| Feature | Bitfinex | Spreadex |
|---|---|---|
| Min. Deposit | $100 | $0 |
| Regulation | Financial Services Provider (FSP) | Financial Conduct Authority (FCA), registration number 190941 |
| Founded | 2015 | 1999 |
| Country | New Zealand | UK |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Bitfinex and Spreadex, directly affecting your bottom line as a trader. Spreadex has a lower barrier to entry with a minimum deposit of $0 (vs $100 at Bitfinex). Bitfinex charges withdrawal fees while Spreadex does not, a notable advantage for frequent withdrawers. Overall, Spreadex scores higher on fees in our assessment.
| Feature | Bitfinex | Spreadex |
|---|---|---|
| Min. Deposit | $100 | $0 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | No | No |
| Deposit Fees | No | No |
| CFD Fees | No | No |
Platforms
Bitfinex offers MT5, cTrader, while Spreadex 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. Spreadex edges ahead on platform breadth and functionality in our scoring.
| Feature | Bitfinex | Spreadex |
|---|---|---|
| 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 | Web Trader, Tablet & Mobile apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Bitfinex and Spreadex 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.
| Feature | Bitfinex | Spreadex |
|---|---|---|
| Forex Education | Yes | Yes |
| CFD Education | Yes | Yes |
| Weekly Webinars | Yes | Yes |
| Daily Commentary | Yes | Yes |
| Trading Central | Yes | Yes |
| 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 Spreadex supports 3 (bank transfer, credit/debit card, Skrill). Spreadex uniquely supports Skrill among the two brokers. Spreadex scores higher on deposit and withdrawal flexibility.
| Feature | Bitfinex | Spreadex |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | No |
| Skrill | No | Yes |
| 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 Spreadex offer live chat support. Both provide phone support. Email support is available at both brokers. Bitfinex supports 2 languages and Spreadex supports 1, giving Bitfinex broader global reach. Both brokers are comparable on support quality.
| Feature | Bitfinex | Spreadex |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English |