Bitfinex
Trade.com
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Overview
Bitfinex was founded in 2015 and is headquartered in New Zealand, while Trade.com was established in 2009 and is based in Cyprus, UK. Bitfinex holds licences including Financial Services Provider (FSP), while Trade.com is regulated by Cyprus Securities and Exchange Commission (CySEC) among others. Bitfinex serves 10,000+ clients worldwide; Trade.com has 10,000+. The minimum deposit is $100 at Bitfinex and $1 at Trade.com.
| Feature | Bitfinex | Trade.com |
|---|---|---|
| Min. Deposit | $100 | $1 |
| Regulation | Financial Services Provider (FSP) | Cyprus Securities and Exchange Commission (CySEC) |
| Founded | 2015 | 2009 |
| Country | New Zealand | Cyprus, UK |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Bitfinex and Trade.com, directly affecting your bottom line as a trader. Trade.com has a lower barrier to entry with a minimum deposit of $1 (vs $100 at Bitfinex). Both brokers charge withdrawal fees. Trade.com charges deposit fees; Bitfinex does not. Overall, Trade.com scores higher on fees in our assessment.
| Feature | Bitfinex | Trade.com |
|---|---|---|
| Min. Deposit | $100 | $1 |
| Withdrawal Fees | Yes | Yes |
| Inactivity Fees | No | No |
| Deposit Fees | No | Yes |
| CFD Fees | No | No |
Platforms
Bitfinex offers MT5, cTrader, while Trade.com 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. Trade.com edges ahead on platform breadth and functionality in our scoring.
| Feature | Bitfinex | Trade.com |
|---|---|---|
| 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 | MT4, 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 Trade.com 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. Bitfinex scores higher overall in education and research.
| Feature | Bitfinex | Trade.com |
|---|---|---|
| Forex Education | Yes | No |
| CFD Education | Yes | Yes |
| Weekly Webinars | Yes | Yes |
| Daily Commentary | Yes | Yes |
| Trading Central | Yes | Yes |
| 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 Trade.com supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.
| Feature | Bitfinex | Trade.com |
|---|---|---|
| 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 Trade.com 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 | Trade.com |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |