B

Bittrex

6.4/10

Colmex

6.1/10
3/10RegulationWinner4/10
6/10FeesWinner8/10
9/10PlatformsTied9/10
10/10WinnerEducation & Research4/10
4/10Deposits & WithdrawalsTied4/10
10/10SupportTied10/10

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Overview

Bittrex was founded in 2010 and is headquartered in South Korea, while Colmex was established in 1990 and is based in Cyprus. Both brokers are regulated by Securities and Exchange Commission (SEC), among other authorities. Bittrex serves 10,000+ clients worldwide; Colmex has 10,000+. Both brokers share the same minimum deposit of $100.

Bittrex wins this category
FeatureBittrexColmex
Min. Deposit$100$100
RegulationSecurities and Exchange Commission (SEC), Financial Industry Regulatory Authority (FINRA)Securities and Exchange Commission (SEC)
Founded20101990
CountrySouth KoreaCyprus
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between Bittrex and Colmex, directly affecting your bottom line as a trader. Both require a minimum deposit of $100. Neither broker charges withdrawal fees. Bittrex charges deposit fees; Colmex does not. Overall, Colmex scores higher on fees in our assessment.

Colmex wins this category
FeatureBittrexColmex
Min. Deposit$100$100
Withdrawal FeesNoNo
Inactivity FeesNoNo
Deposit FeesYesNo
CFD FeesNoNo

Platforms

Bittrex offers MT4, MT5, cTrader, while Colmex supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Colmex supports social and copy trading features, which Bittrex does not offer. The two brokers are closely matched on platform offering.

Tied
FeatureBittrexColmex
MT4YesYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMetaTrader 4, cTrader PlatformDesktop,Android,iPhone,Mac

Education & Research

Education and research tools help traders at every level make more informed decisions, and here's how Bittrex and Colmex compare. Bittrex runs regular live webinars; Colmex does not. Both provide video tutorials. Bittrex publishes daily market commentary; Colmex 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.

Bittrex wins this category
FeatureBittrexColmex
Forex EducationYesYes
CFD EducationYesNo
Weekly WebinarsYesNo
Daily CommentaryYesNo
Trading CentralYesNo
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 Colmex supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.

Tied
FeatureBittrexColmex
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 Colmex 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
FeatureBittrexColmex
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, and Chinese