B

Bittrex

6.4/10
Directshares logo

Directshares

7.3/10
3/10RegulationWinner6/10
6/10WinnerFees4/10
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 Directshares was established in 2007 and is based in Australia. Bittrex holds licences including Securities and Exchange Commission (SEC), while Directshares is regulated by The Portuguese Securities Market Commission (CMVM) among others. Bittrex serves 10,000+ clients worldwide; Directshares has 10,000+. Both brokers share the same minimum deposit of $100.

Directshares wins this category
FeatureBittrexDirectshares
Min. Deposit$100$100
RegulationSecurities and Exchange Commission (SEC), Financial Industry Regulatory Authority (FINRA)The Portuguese Securities Market Commission (CMVM)
Founded20102007
CountrySouth KoreaAustralia
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between Bittrex and Directshares, directly affecting your bottom line as a trader. Both require a minimum deposit of $100. Directshares charges withdrawal fees while Bittrex does not, giving Bittrex an edge for frequent withdrawers. Bittrex charges deposit fees; Directshares does not. Overall, Bittrex scores higher on fees in our assessment.

Bittrex wins this category
FeatureBittrexDirectshares
Min. Deposit$100$100
Withdrawal FeesNoYes
Inactivity FeesNoNo
Deposit FeesYesYes
CFD FeesNoNo

Platforms

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

Tied
FeatureBittrexDirectshares
MT4YesYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMetaTrader 4, cTrader PlatformMT4,iOS,MacBook,iPhone

Education & Research

Education and research tools help traders at every level make more informed decisions, and here's how Bittrex and Directshares 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
FeatureBittrexDirectshares
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 Directshares supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.

Tied
FeatureBittrexDirectshares
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 Directshares 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
FeatureBittrexDirectshares
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, and Chinese