Blitzbrokers
Ellevest
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Overview
Blitzbrokers was founded in 1982 and is headquartered in Hong Kong, while Ellevest was established in 2008 and is based in USA. Blitzbrokers holds licences including Securities and Futures Commission (SFC), while Ellevest is regulated by Unregulated among others. Blitzbrokers serves 10,000+ clients worldwide; Ellevest has 10,000+. Both brokers share the same minimum deposit of $1.
| Feature | Blitzbrokers | Ellevest |
|---|---|---|
| Min. Deposit | $1 | $1 |
| Regulation | Securities and Futures Commission (SFC) | Unregulated |
| Founded | 1982 | 2008 |
| Country | Hong Kong | USA |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Blitzbrokers and Ellevest, directly affecting your bottom line as a trader. Both require a minimum deposit of $1. Ellevest charges withdrawal fees while Blitzbrokers does not, giving Blitzbrokers an edge for frequent withdrawers. Ellevest applies inactivity fees on dormant accounts; Blitzbrokers does not. Ellevest charges deposit fees; Blitzbrokers does not. Overall, Blitzbrokers scores higher on fees in our assessment.
| Feature | Blitzbrokers | Ellevest |
|---|---|---|
| Min. Deposit | $1 | $1 |
| Withdrawal Fees | No | Yes |
| Inactivity Fees | No | Yes |
| Deposit Fees | No | Yes |
| CFD Fees | No | Yes |
Platforms
Blitzbrokers offers MT5, cTrader, while Ellevest supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Blitzbrokers supports social and copy trading features, which Ellevest does not offer. Ellevest edges ahead on platform breadth and functionality in our scoring.
| Feature | Blitzbrokers | Ellevest |
|---|---|---|
| MT4 | No | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | Desktop,WEB,Android | Windows, Android, Mac OS, iOS |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Blitzbrokers and Ellevest compare. Both provide video tutorials. Both integrate third-party research tools. The two brokers are evenly matched on educational content.
| Feature | Blitzbrokers | Ellevest |
|---|---|---|
| Forex Education | Yes | Yes |
| CFD Education | No | No |
| Weekly Webinars | No | No |
| Daily Commentary | No | No |
| Trading Central | No | No |
| Autochartist | Yes | Yes |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Blitzbrokers accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while Ellevest supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.
| Feature | Blitzbrokers | Ellevest |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | No |
| Skrill | No | No |
| Neteller | No | No |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both Blitzbrokers and Ellevest 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.
| Feature | Blitzbrokers | Ellevest |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |