B

Bittrex

6.4/10

Interactive Investor

7/10
3/10RegulationWinner7/10
6/10FeesWinner10/10
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 Interactive Investor was established in 1995 and is based in UK. Bittrex holds licences including Securities and Exchange Commission (SEC), while Interactive Investor is regulated by Financial Conduct Authority (FCA) among others. Bittrex serves 10,000+ clients worldwide; Interactive Investor has 10,000+. The minimum deposit is $100 at Bittrex and $1 at Interactive Investor.

Interactive Investor wins this category
FeatureBittrexInteractive Investor
Min. Deposit$100$1
RegulationSecurities and Exchange Commission (SEC), Financial Industry Regulatory Authority (FINRA)Financial Conduct Authority (FCA)
Founded20101995
CountrySouth KoreaUK
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between Bittrex and Interactive Investor, directly affecting your bottom line as a trader. Interactive Investor has a lower barrier to entry with a minimum deposit of $1 (vs $100 at Bittrex). Neither broker charges withdrawal fees. Interactive Investor applies inactivity fees on dormant accounts; Bittrex does not. Bittrex charges deposit fees; Interactive Investor does not. Overall, Interactive Investor scores higher on fees in our assessment.

Interactive Investor wins this category
FeatureBittrexInteractive Investor
Min. Deposit$100$1
Withdrawal FeesNoNo
Inactivity FeesNoYes
Deposit FeesYesNo
CFD FeesNoNo

Platforms

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

Tied
FeatureBittrexInteractive Investor
MT4YesYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMetaTrader 4, cTrader PlatformWeb Trader, ProTrader, Tablet & Mobile apps

Education & Research

Education and research tools help traders at every level make more informed decisions, and here's how Bittrex and Interactive Investor compare. Bittrex runs regular live webinars; Interactive Investor does not. Both provide video tutorials. Bittrex publishes daily market commentary; Interactive Investor 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
FeatureBittrexInteractive Investor
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 Interactive Investor supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.

Tied
FeatureBittrexInteractive Investor
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 Interactive Investor 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
FeatureBittrexInteractive Investor
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, and Chinese