Bittrex
Blitzbrokers
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Overview
Bittrex was founded in 2010 and is headquartered in South Korea, while Blitzbrokers was established in 1982 and is based in Hong Kong. Bittrex holds licences including Securities and Exchange Commission (SEC), while Blitzbrokers is regulated by Securities and Futures Commission (SFC) among others. Bittrex serves 10,000+ clients worldwide; Blitzbrokers has 10,000+. The minimum deposit is $100 at Bittrex and $1 at Blitzbrokers.
| Feature | Bittrex | Blitzbrokers |
|---|---|---|
| Min. Deposit | $100 | $1 |
| Regulation | Securities and Exchange Commission (SEC), Financial Industry Regulatory Authority (FINRA) | Securities and Futures Commission (SFC) |
| Founded | 2010 | 1982 |
| Country | South Korea | Hong Kong |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Bittrex and Blitzbrokers, directly affecting your bottom line as a trader. Blitzbrokers has a lower barrier to entry with a minimum deposit of $1 (vs $100 at Bittrex). Neither broker charges withdrawal fees. Bittrex charges deposit fees; Blitzbrokers does not. Overall, Blitzbrokers scores higher on fees in our assessment.
| Feature | Bittrex | Blitzbrokers |
|---|---|---|
| Min. Deposit | $100 | $1 |
| Withdrawal Fees | No | No |
| Inactivity Fees | No | No |
| Deposit Fees | Yes | No |
| CFD Fees | No | No |
Platforms
Bittrex offers MT4, MT5, cTrader, while Blitzbrokers supports MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Blitzbrokers supports social and copy trading features, which Bittrex does not offer. Bittrex edges ahead on platform breadth and functionality in our scoring.
| Feature | Bittrex | Blitzbrokers |
|---|---|---|
| MT4 | Yes | No |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MetaTrader 4, cTrader Platform | Desktop,WEB,Android |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Bittrex and Blitzbrokers compare. Bittrex runs regular live webinars; Blitzbrokers does not. Both provide video tutorials. Bittrex publishes daily market commentary; Blitzbrokers does not. Both integrate third-party research tools. Bittrex maintains an archive of past webinars for on-demand viewing. Bittrex scores higher overall in education and research.
| Feature | Bittrex | Blitzbrokers |
|---|---|---|
| Forex Education | Yes | Yes |
| CFD Education | Yes | No |
| Weekly Webinars | Yes | No |
| Daily Commentary | Yes | No |
| Trading Central | Yes | No |
| Autochartist | Yes | Yes |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Bittrex accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while Blitzbrokers supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.
| Feature | Bittrex | Blitzbrokers |
|---|---|---|
| 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 Bittrex and Blitzbrokers 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 | Bittrex | Blitzbrokers |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |