B
Bithumb logo

Bithumb

4.8/10

Fidelity

6.4/10
3/10RegulationWinner7/10
1/10FeesWinner6/10
9/10WinnerPlatforms7/10
0/10Education & ResearchWinner6/10
4/10Deposits & WithdrawalsTied4/10
10/10SupportTied10/10

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Overview

Bithumb was founded in 2009 and is headquartered in Hong Kong, while Fidelity was established in 2008 and is based in USA. Bithumb holds licences including Unregulated, while Fidelity is regulated by Financial Conduct Authority (FCA) among others. Bithumb serves 10,000+ clients worldwide; Fidelity has 10,000+. The minimum deposit is $500 at Bithumb and $100 at Fidelity.

Fidelity wins this category
FeatureBithumbFidelity
Min. Deposit$500$100
RegulationUnregulatedFinancial Conduct Authority (FCA), Financial Industry Regulatory Authority (FINRA), Securities and Exchange Commission (SEC)
Founded20092008
CountryHong KongUSA
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between Bithumb and Fidelity, directly affecting your bottom line as a trader. Fidelity has a lower barrier to entry with a minimum deposit of $100 (vs $500 at Bithumb). Neither broker charges withdrawal fees. Fidelity applies inactivity fees on dormant accounts; Bithumb does not. Overall, Fidelity scores higher on fees in our assessment.

Fidelity wins this category
FeatureBithumbFidelity
Min. Deposit$500$100
Withdrawal FeesNoNo
Inactivity FeesNoYes
Deposit FeesNoNo
CFD FeesNoYes

Platforms

Bithumb offers MT4, MT5, cTrader, while Fidelity supports 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. Bithumb edges ahead on platform breadth and functionality in our scoring.

Bithumb wins this category
FeatureBithumbFidelity
MT4YesNo
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsiPhone/iPad,iOS,MaciPad, iPhone, Android, Windows Phone 8 device, Website, Trader Pro

Education & Research

Education and research tools help traders at every level make more informed decisions, and here's how Bithumb and Fidelity compare. Fidelity runs regular live webinars; Bithumb does not. Fidelity has a video library; Bithumb does not. Fidelity publishes daily market commentary; Bithumb does not. Fidelity integrates third-party research tools (Trading Central); Bithumb does not. Fidelity maintains an archive of past webinars for on-demand viewing. Fidelity scores higher overall in education and research.

Fidelity wins this category
FeatureBithumbFidelity
Forex EducationNoNo
CFD EducationNoYes
Weekly WebinarsNoYes
Daily CommentaryNoYes
Trading CentralNoYes
AutochartistNoNo

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 Fidelity supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.

Tied
FeatureBithumbFidelity
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 Bithumb and Fidelity 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
FeatureBithumbFidelity
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, and Chinese