Bulbrokers
Ellevest
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Overview
Bulbrokers was founded in 2000 and is headquartered in Bulgaria, while Ellevest was established in 2008 and is based in USA. Bulbrokers holds licences including Financial Services Authority (FSA), while Ellevest is regulated by Unregulated among others. Bulbrokers serves 10,000+ clients worldwide; Ellevest has 10,000+. The minimum deposit is $100 at Bulbrokers and $1 at Ellevest.
| Feature | Bulbrokers | Ellevest |
|---|---|---|
| Min. Deposit | $100 | $1 |
| Regulation | Financial Services Authority (FSA) | Unregulated |
| Founded | 2000 | 2008 |
| Country | Bulgaria | USA |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Bulbrokers and Ellevest, directly affecting your bottom line as a trader. Ellevest has a lower barrier to entry with a minimum deposit of $1 (vs $100 at Bulbrokers). Ellevest charges withdrawal fees while Bulbrokers does not, giving Bulbrokers an edge for frequent withdrawers. Both brokers charge inactivity fees on dormant accounts, worth noting if you trade infrequently. Ellevest charges deposit fees; Bulbrokers does not. Overall, Ellevest scores higher on fees in our assessment.
| Feature | Bulbrokers | Ellevest |
|---|---|---|
| Min. Deposit | $100 | $1 |
| Withdrawal Fees | No | Yes |
| Inactivity Fees | Yes | Yes |
| Deposit Fees | No | Yes |
| CFD Fees | Yes | Yes |
Platforms
Bulbrokers offers MT5, cTrader, while Ellevest supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Ellevest edges ahead on platform breadth and functionality in our scoring.
| Feature | Bulbrokers | Ellevest |
|---|---|---|
| MT4 | No | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MT4, Web Trader, Tablet & Mobile apps | Windows, Android, Mac OS, iOS |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Bulbrokers and Ellevest compare. Ellevest has a video library; Bulbrokers does not. Ellevest integrates third-party research tools (Autochartist); Bulbrokers does not. Ellevest scores higher overall in education and research.
| Feature | Bulbrokers | Ellevest |
|---|---|---|
| Forex Education | No | Yes |
| CFD Education | No | No |
| Weekly Webinars | No | No |
| Daily Commentary | No | No |
| Trading Central | No | No |
| Autochartist | No | Yes |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Bulbrokers 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 | Bulbrokers | 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 Bulbrokers 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 | Bulbrokers | Ellevest |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |