B

Bittrex

6.4/10
Caveo logo

Caveo

8.4/10
3/10RegulationWinner7/10
6/10FeesWinner10/10
9/10PlatformsTied9/10
10/10Education & ResearchTied10/10
4/10Deposits & WithdrawalsTied4/10
10/10SupportTied10/10

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Overview

Bittrex was founded in 2010 and is headquartered in South Korea, while Caveo was established in 2016 and is based in variable. Bittrex holds licences including Securities and Exchange Commission (SEC), while Caveo is regulated by Financial Conduct Authority (FCA) among others. Bittrex serves 10,000+ clients worldwide; Caveo has 10,000+. The minimum deposit is $100 at Bittrex and $0 at Caveo.

Caveo wins this category
FeatureBittrexCaveo
Min. Deposit$100$0
RegulationSecurities and Exchange Commission (SEC), Financial Industry Regulatory Authority (FINRA)Financial Conduct Authority (FCA)
Founded20102016
CountrySouth Koreavariable
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between Bittrex and Caveo, directly affecting your bottom line as a trader. Caveo has a lower barrier to entry with a minimum deposit of $0 (vs $100 at Bittrex). Neither broker charges withdrawal fees. Bittrex charges deposit fees; Caveo does not. Overall, Caveo scores higher on fees in our assessment.

Caveo wins this category
FeatureBittrexCaveo
Min. Deposit$100$0
Withdrawal FeesNoNo
Inactivity FeesNoNo
Deposit FeesYesYes
CFD FeesNoYes

Platforms

Bittrex offers MT4, MT5, cTrader, while Caveo supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. The two brokers are closely matched on platform offering.

Tied
FeatureBittrexCaveo
MT4YesYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMetaTrader 4, cTrader PlatformIRESSTrader,IRESSInvestor,netIRESS,XPLAN

Education & Research

Education and research tools help traders at every level make more informed decisions, and here's how Bittrex and Caveo compare. Both brokers run regular live webinars. Both provide video tutorials, including advanced content. Daily market commentary is available from both brokers. Both integrate third-party research tools including Trading Central. Archived webinars are available at both brokers for self-paced learning. The two brokers are evenly matched on educational content.

Tied
FeatureBittrexCaveo
Forex EducationYesYes
CFD EducationYesYes
Weekly WebinarsYesYes
Daily CommentaryYesYes
Trading CentralYesYes
AutochartistYesYes

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

Tied
FeatureBittrexCaveo
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 Bittrex and Caveo 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
FeatureBittrexCaveo
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, and Chinese