B

Bittrex

6.4/10

netotrade

7.4/10
3/10RegulationWinner10/10
6/10WinnerFees1/10
9/10PlatformsTied9/10
10/10WinnerEducation & Research6/10
4/10Deposits & WithdrawalsWinner10/10
10/10SupportTied10/10

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Overview

Bittrex was founded in 2010 and is headquartered in South Korea, while netotrade was established in 2016 and is based in USA. Bittrex holds licences including Securities and Exchange Commission (SEC), while netotrade is regulated by Financial Conduct Authority (FCA) among others. Bittrex serves 10,000+ clients worldwide; netotrade has 14,000,000+. The minimum deposit is $100 at Bittrex and $250 at netotrade.

netotrade wins this category
FeatureBittrexnetotrade
Min. Deposit$100$250
RegulationSecurities and Exchange Commission (SEC), Financial Industry Regulatory Authority (FINRA)Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F283
Founded20102016
CountrySouth KoreaUSA
Clients10,000+14,000,000+

Fees

Fees are a critical factor when choosing between Bittrex and netotrade, directly affecting your bottom line as a trader. Bittrex has a lower barrier to entry with a minimum deposit of $100 (vs $250 at netotrade). Neither broker charges withdrawal fees. Bittrex charges deposit fees; netotrade does not. Overall, Bittrex scores higher on fees in our assessment.

Bittrex wins this category
FeatureBittrexnetotrade
Min. Deposit$100$250
Withdrawal FeesNoNo
Inactivity FeesNoNo
Deposit FeesYesNo
CFD FeesNoNo

Platforms

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

Tied
FeatureBittrexnetotrade
MT4YesYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMetaTrader 4, cTrader PlatformMT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps

Education & Research

Education and research tools help traders at every level make more informed decisions, and here's how Bittrex and netotrade 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
FeatureBittrexnetotrade
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 netotrade supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). netotrade uniquely supports PayPal and Skrill and Neteller among the two brokers. netotrade scores higher on deposit and withdrawal flexibility.

netotrade wins this category
FeatureBittrexnetotrade
Bank TransferYesYes
Credit CardYesYes
PayPalNoYes
SkrillNoYes
NetellerNoYes

Support

Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both Bittrex and netotrade offer live chat support. Both provide phone support. Email support is available at both brokers. Bittrex supports 2 languages and netotrade supports 8, giving netotrade broader global reach. Both brokers are comparable on support quality.

Tied
FeatureBittrexnetotrade
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic