Bithumb
XGLOBAL Markets
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Overview
Bithumb was founded in 2009 and is headquartered in Hong Kong, while XGLOBAL Markets was established in 2008 and is based in Cyprus. Bithumb holds licences including Unregulated, while XGLOBAL Markets is regulated by Cyprus Securities and Exchange Commission (CySEC) among others. Bithumb serves 10,000+ clients worldwide; XGLOBAL Markets has 10,000+. Both brokers share the same minimum deposit of $500.
| Feature | Bithumb | XGLOBAL Markets |
|---|---|---|
| Min. Deposit | $500 | $500 |
| Regulation | Unregulated | Cyprus Securities and Exchange Commission (CySEC) |
| Founded | 2009 | 2008 |
| Country | Hong Kong | Cyprus |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Bithumb and XGLOBAL Markets, directly affecting your bottom line as a trader. Both require a minimum deposit of $500. XGLOBAL Markets charges withdrawal fees while Bithumb does not, giving Bithumb an edge for frequent withdrawers. XGLOBAL Markets charges deposit fees; Bithumb does not. Overall, Bithumb scores higher on fees in our assessment.
| Feature | Bithumb | XGLOBAL Markets |
|---|---|---|
| Min. Deposit | $500 | $500 |
| Withdrawal Fees | No | Yes |
| Inactivity Fees | No | No |
| Deposit Fees | No | Yes |
| CFD Fees | No | No |
Platforms
Bithumb offers MT4, MT5, cTrader, while XGLOBAL Markets supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Bithumb supports social and copy trading features, which XGLOBAL Markets does not offer. The two brokers are closely matched on platform offering.
| Feature | Bithumb | XGLOBAL Markets |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | iPhone/iPad,iOS,Mac | Desktop,iOS,Android |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Bithumb and XGLOBAL Markets compare. XGLOBAL Markets has a video library; Bithumb does not. XGLOBAL Markets integrates third-party research tools (Autochartist); Bithumb does not. XGLOBAL Markets scores higher overall in education and research.
| Feature | Bithumb | XGLOBAL Markets |
|---|---|---|
| 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 XGLOBAL Markets supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.
| Feature | Bithumb | XGLOBAL Markets |
|---|---|---|
| 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 XGLOBAL Markets 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 | XGLOBAL Markets |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |