B

Bittrex

6.4/10

Forest Park FX

7/10
3/10RegulationWinner7/10
6/10FeesWinner8/10
9/10PlatformsTied9/10
10/10WinnerEducation & Research6/10
4/10Deposits & WithdrawalsTied4/10
10/10SupportTied10/10

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Overview

Bittrex was founded in 2010 and is headquartered in South Korea, while Forest Park FX was established in 2008 and is based in United Kingdom. Bittrex holds licences including Securities and Exchange Commission (SEC), while Forest Park FX is regulated by Financial Conduct Authority (FCA) among others. Bittrex serves 10,000+ clients worldwide; Forest Park FX has 10,000+. The minimum deposit is $100 at Bittrex and $10 at Forest Park FX.

Forest Park FX wins this category
FeatureBittrexForest Park FX
Min. Deposit$100$10
RegulationSecurities and Exchange Commission (SEC), Financial Industry Regulatory Authority (FINRA)Financial Conduct Authority (FCA)
Founded20102008
CountrySouth KoreaUnited Kingdom
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between Bittrex and Forest Park FX, directly affecting your bottom line as a trader. Forest Park FX has a lower barrier to entry with a minimum deposit of $10 (vs $100 at Bittrex). Forest Park FX charges withdrawal fees while Bittrex does not, giving Bittrex an edge for frequent withdrawers. Forest Park FX applies inactivity fees on dormant accounts; Bittrex does not. Bittrex charges deposit fees; Forest Park FX does not. Overall, Forest Park FX scores higher on fees in our assessment.

Forest Park FX wins this category
FeatureBittrexForest Park FX
Min. Deposit$100$10
Withdrawal FeesNoYes
Inactivity FeesNoYes
Deposit FeesYesYes
CFD FeesNoYes

Platforms

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

Tied
FeatureBittrexForest Park FX
MT4YesYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMetaTrader 4, cTrader PlatformMT4, Forex Trader Pro, Desktop, Web, Mobile

Education & Research

Education and research tools help traders at every level make more informed decisions, and here's how Bittrex and Forest Park FX 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. Bittrex scores higher overall in education and research.

Bittrex wins this category
FeatureBittrexForest Park FX
Forex EducationYesNo
CFD EducationYesYes
Weekly WebinarsYesYes
Daily CommentaryYesYes
Trading CentralYesYes
AutochartistYesNo

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

Tied
FeatureBittrexForest Park FX
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 Forest Park FX 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
FeatureBittrexForest Park FX
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, and Chinese