Bithumb
Forex EE
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Overview
Bithumb was founded in 2009 and is headquartered in Hong Kong, while Forex EE was established in 2008 and is based in Grenadines. Bithumb holds licences including Unregulated, while Forex EE is regulated by Ministry of Economic Affairs in Estonia among others. Bithumb serves 10,000+ clients worldwide; Forex EE has 10,000+. The minimum deposit is $500 at Bithumb and $100 at Forex EE.
| Feature | Bithumb | Forex EE |
|---|---|---|
| Min. Deposit | $500 | $100 |
| Regulation | Unregulated | Ministry of Economic Affairs in Estonia |
| Founded | 2009 | 2008 |
| Country | Hong Kong | Grenadines |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Bithumb and Forex EE, directly affecting your bottom line as a trader. Forex EE has a lower barrier to entry with a minimum deposit of $100 (vs $500 at Bithumb). Forex EE charges withdrawal fees while Bithumb does not, giving Bithumb an edge for frequent withdrawers. Overall, Forex EE scores higher on fees in our assessment.
| Feature | Bithumb | Forex EE |
|---|---|---|
| Min. Deposit | $500 | $100 |
| Withdrawal Fees | No | Yes |
| Inactivity Fees | No | No |
| Deposit Fees | No | No |
| CFD Fees | No | No |
Platforms
Bithumb offers MT4, MT5, cTrader, while Forex EE supports MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Bithumb supports social and copy trading features, which Forex EE does not offer. Bithumb edges ahead on platform breadth and functionality in our scoring.
| Feature | Bithumb | Forex EE |
|---|---|---|
| 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 | MetaTrader 4 |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Bithumb and Forex EE compare. Forex EE has a video library; Bithumb does not. Forex EE integrates third-party research tools (Autochartist); Bithumb does not. Forex EE scores higher overall in education and research.
| Feature | Bithumb | Forex EE |
|---|---|---|
| Forex Education | No | Yes |
| CFD Education | No | No |
| Weekly Webinars | No | No |
| Daily Commentary | No | No |
| Trading Central | No | No |
| Autochartist | No | Yes |
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 Forex EE supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.
| Feature | Bithumb | 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 Bithumb 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 | Bithumb | Forex EE |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |