Bithumb
Bulbrokers
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Overview
Bithumb was founded in 2009 and is headquartered in Hong Kong, while Bulbrokers was established in 2000 and is based in Bulgaria. Bithumb holds licences including Unregulated, while Bulbrokers is regulated by Financial Services Authority (FSA) among others. Bithumb serves 10,000+ clients worldwide; Bulbrokers has 10,000+. The minimum deposit is $500 at Bithumb and $100 at Bulbrokers.
| Feature | Bithumb | Bulbrokers |
|---|---|---|
| Min. Deposit | $500 | $100 |
| Regulation | Unregulated | Financial Services Authority (FSA) |
| Founded | 2009 | 2000 |
| Country | Hong Kong | Bulgaria |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Bithumb and Bulbrokers, directly affecting your bottom line as a trader. Bulbrokers has a lower barrier to entry with a minimum deposit of $100 (vs $500 at Bithumb). Neither broker charges withdrawal fees. Bulbrokers applies inactivity fees on dormant accounts; Bithumb does not. Overall, Bulbrokers scores higher on fees in our assessment.
| Feature | Bithumb | Bulbrokers |
|---|---|---|
| Min. Deposit | $500 | $100 |
| Withdrawal Fees | No | No |
| Inactivity Fees | No | Yes |
| Deposit Fees | No | No |
| CFD Fees | No | Yes |
Platforms
Bithumb offers MT4, MT5, cTrader, while Bulbrokers supports MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Bithumb supports social and copy trading features, which Bulbrokers does not offer. Bithumb edges ahead on platform breadth and functionality in our scoring.
| Feature | Bithumb | Bulbrokers |
|---|---|---|
| MT4 | Yes | No |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | iPhone/iPad,iOS,Mac | 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 Bithumb and Bulbrokers compare. The two brokers are evenly matched on educational content.
| Feature | Bithumb | Bulbrokers |
|---|---|---|
| Forex Education | No | No |
| CFD Education | No | No |
| Weekly Webinars | No | No |
| Daily Commentary | No | No |
| Trading Central | No | No |
| Autochartist | No | No |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Bithumb accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while Bulbrokers supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.
| Feature | Bithumb | Bulbrokers |
|---|---|---|
| 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 Bithumb and Bulbrokers 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 | Bithumb | Bulbrokers |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |