Bithumb
Robinhood
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Overview
Bithumb was founded in 2009 and is headquartered in Hong Kong, while Robinhood was established in 2013 and is based in USA. Bithumb holds licences including Unregulated, while Robinhood is regulated by Financial Conduct Authority (FCA) among others. Bithumb serves 10,000+ clients worldwide; Robinhood has 10,000,000+. The minimum deposit is $500 at Bithumb and $0 at Robinhood.
| Feature | Bithumb | Robinhood |
|---|---|---|
| Min. Deposit | $500 | $0 |
| Regulation | Unregulated | Financial Conduct Authority (FCA), Financial Supervision Commission (FSC) |
| Founded | 2009 | 2013 |
| Country | Hong Kong | USA |
| Clients | 10,000+ | 10,000,000+ |
Fees
Fees are a critical factor when choosing between Bithumb and Robinhood, directly affecting your bottom line as a trader. Robinhood has a lower barrier to entry with a minimum deposit of $0 (vs $500 at Bithumb). Neither broker charges withdrawal fees. Robinhood charges deposit fees; Bithumb does not. Overall, Robinhood scores higher on fees in our assessment.
| Feature | Bithumb | Robinhood |
|---|---|---|
| Min. Deposit | $500 | $0 |
| Withdrawal Fees | No | No |
| Inactivity Fees | No | No |
| Deposit Fees | No | Yes |
| CFD Fees | No | Yes |
Platforms
Bithumb offers MT4, MT5, cTrader, while Robinhood supports a proprietary platform. 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.
| Feature | Bithumb | Robinhood |
|---|---|---|
| MT4 | Yes | No |
| MT5 | Yes | No |
| cTrader | Yes | No |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | iPhone/iPad,iOS,Mac | 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 Robinhood compare. Robinhood runs regular live webinars; Bithumb does not. Robinhood has a video library; Bithumb does not. Robinhood publishes daily market commentary; Bithumb does not. Robinhood integrates third-party research tools (Trading Central, Autochartist); Bithumb does not. Robinhood maintains an archive of past webinars for on-demand viewing. Robinhood scores higher overall in education and research.
| Feature | Bithumb | Robinhood |
|---|---|---|
| Forex Education | No | Yes |
| CFD Education | No | Yes |
| Weekly Webinars | No | Yes |
| Daily Commentary | No | Yes |
| Trading Central | No | Yes |
| 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 Robinhood supports 1 (bank transfer). Bithumb uniquely supports credit/debit card among the two brokers. Bithumb scores higher on deposit and withdrawal flexibility.
| Feature | Bithumb | Robinhood |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | No |
| 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 Robinhood offer live chat support. Bithumb offers phone support; Robinhood does not. Email support is available at both brokers. Bithumb supports 2 languages and Robinhood supports 13, giving Robinhood broader global reach. Bithumb scores higher overall on customer support in our assessment.
| Feature | Bithumb | Robinhood |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | No |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, Deutsch, Nederlands, Espanol, Francais, Italiano, Polski, Srpski, Norsk, Svenska, Cesky, Romana, Turkce |