Bithumb vs speedtrader, for 2025
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speedtrader Rating
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Bithumb vs speedtrader Guide |
Read our In-Depth Bithumb vs speedtrader Review - Updated for 2025
This review comparing Bithumb and speedtrader has been refreshed to reflect any changes for 2025 by seasoned professionals boasting extensive financial experience in Forex, CFDs, & Social Trading.
Please note that due to regulations for each broker, the content in this comparison of Bithumb vs speedtrader does not apply to all countries as follows:
Bithumb Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
speedtrader Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Compare Bithumb vs speedtrader
Every platforms for online trading has some advantages and disadvantages, and any comprehensive analysis of Bithumb vs speedtrader cannnot be regarded as thorough without having a balanced approach.
Examine Bithumb and speedtrader to understand how they stack up to each other before you choose to make an account. Conducting a side-by-side comparison can put things in perspective so that you are aware of what you should anticipate.
So you are looking for a professional broker and are choosing between Bithumb or speedtrader. Who should you choose?
Our Bithumb vs speedtrader comparison contains the most recent information so you can easily compare speedtrader against Bithumb.
If you're a new entrant in the world of trading and brokerages, so many details will be confusing for you. Getting into the world of trading demands expert assessing skills and comprehensive understanding. You'll get proficient at all of the concepts of brokerage since you keep trading. For starters, you have to choose the right agent who will be clear with you constantly.
Within this fast-paced world of stock markets and trading, you will need guidance to make proper decisions. A professionally lead investment program has the potential to create hefty returns. Bithumb and speedtrader are two such companies that will take you and your investment into great heights. It is crucial that you compare Bithumb vs speedtrader before you trust them with your money.
Our Bithumb vs speedtrader comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust Bithumb and speedtrader side by side.
Our full Bithumb vs speedtrader Review covers all you will need to learn about trading using either Bithumb or speedtrader. A good agent can multiply your initial investments and give you favorable profits. If you want to make profits, you should trade with a broker service that contrasts with your investing objectives.
There is no sure-fire way to guarantee profits; thus, you must carefully analyze your agent before you select them. It's a common misconception that all agents are exactly the same, but that is not true. Wrong judgment, in the beginning, can set your investments at risk.
Bithumb and speedtrader are both brokers which have paved their way successfully into the broker world. Within this review, we've tried to collate a number of the important aspects of both Bithumb and speedtrader. This review will allow you to understand whether either speedtrader or Bithumb is a good fit for your own investments or not. We have tried to breakdown all of the features and charges for your convenience.
Benefits of Bithumb and speedtrader Compared
Bithumb has a minimum deposit of $500 while speedtrader has a $250 minimum deposit.
Why smaller minimum deposits are good and how Bithumb and speedtrader compare
The main reason is that you should only deposit what you can afford. If you you have a lower budget, the broker that offers the lowest deposit option will be more attractive. The other reason is because when speculating on riskier but potentially more rewarding financial instruments you should look to speculate with only a small percentage of your allocated trading funds. Don't let a higher minimum deposit totally put you off a broker, look at the overall trading features you are getting from the trading platform. Often a high minimum deposit gives greater choice in the financial assets and trading platform research features.
Bithumb allows you to trade around 56 financial instruments whilst speedtrader has around 56 financial instruments on their platform.
The more financial instruments you can trade on the Bithumb and speedtrader platforms the better. It is good to have a diverse portfolio and the options available to a user will always vary. Trading is all about grasping potential opportunities and you seriously do not want to miss out on a trading opportunity due to the limitations of Bithumb or speedtrader.
Bithumb and speedtrader Contact Details
Being able to contact an online trading platform easily is important. Bithumb and speedtrader have the following contact details and social medias that you can use.
Broker | Bithumb | speedtrader |
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Bithumb Twitter Account | speedtrader Twitter Account | |
Bithumb Facebook Page | speedtrader Facebook Page | |
Bithumb Instagram Account | speedtrader Instagram Account | |
Bithumb LinkedIn Page | speedtrader LinkedIn Page | |
YouTube | Bithumb YouTube Channel | speedtrader YouTube Channel |
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speedtrader and Bithumb Mobile App Comparison
It is becoming increasingly important for brokers to offer simple-to-use apps that provide the same services as desktop platforms.
In this part of our comparison of Bithumb and speedtrader we'll check whether either of their mobile apps tick all the boxes.
Overall, we rate the user-friendliness of both apps as better than average.
It is important that any trading app has user friendly capabilities especially with the
Search Functions
Although most brokers do OK in this area, there are some bad apples out there. If you type 'Emerging markets' into the search box, the software will find all Emerging market ETFs, even if the name doesn't begin with 'emerging'. If you have only traded US stocks, and you start typing 'Apple', will the software show you either the obscure Irish stock Applegreen or the Apple stock?
Bithumb vs speedtrader - Awards
Bithumb vs speedtrader - Frequently Asked Questions
Bithumb vs speedtrader - Headquarters And Year Of Founding
Bithumb was founded in 2009 and has its headquaters in Hong Kong.
speedtrader was founded in 2017 and has its headquaters in Netherlands.
What is the minimum deposit for speedtrader or Bithumb
The minimum deposit for Bithumb is $500.
The minimum deposit for speedtrader is $250.
Depending on your current situation, a lower minimum deposit can be beneficial. If you are experienced with forex trading but are looking for a change then both Bithumb and speedtrader are a good choice.
Bithumb vs speedtrader - Regulation And Licencing In More Detail
Bithumb is regulated by Unregulated.
speedtrader is regulated by 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-F308.
Bithumb is unregulated but speedtrader has a powerful collection of rules for ensuring fair trading on its individual platforms. For information encryption purposes, they provide industry-standard secure socket layer (SSL).
In accordance with their own privacy regulation, client information is never to be shared with any other institutions or individuals. This includes credit history and other financial information.
Compare Bithumb vs speedtrader Commission And Fees
Bithumb and speedtrader are online brokerage platforms, and most online brokerages charge lower prices than traditional brokerages tend to charge. The cause of this is that the companies of online trading platforms are scaled better. In other words, an online broker is not necessarily affected by the amount of clients they have.
However, this doesn't mean that online brokers don't charge any fees. They charge fees of varying rates for a variety of services to make money. There are primarily 3 different types of fees for this purpose.
The first sort of fees to keep an eye out for are trading fees. Whenever you make a genuine trade, like buying a stock or an ETF, you're billed trading fees. In such instances, you're spending a spread, financing speed, or even a commission. The kinds of trading fees and the rates vary from broker to broker.
Commissions can be fixed or determined by the traded volume. On the flip side, a spread refers to the gap between the buying and selling cost. Financing or overnight prices are people that are charged when you hold a leveraged position for longer than daily.
Aside from trading fees, online brokers also charge non-trading fees. These are determined by the actions you undertake in your account. They're billed for surgeries like depositing cash, not trading for lengthy periods, or withdrawals.
In general, neither Bithumb or speedtrader charge high fees compared to other online brokers. For operations other agents charge for, they do not charge a brokerage fee, or they charge a smaller sum. This is beneficial for people who regularly trade, for example daily or weekly trading.
But, non-trading fees billed by Bithumb and speedtrader are comparatively greater. Consequently, you're billed more for non-trading actions in your trading accounts, like deposits and withdrawal. These aren't related to the sale and purchase of resources.
This Bithumb vs speedtrader review for 2025 breaks down each of the applicable non-trading fees for you in detail.
Compare Broker Fees For Bithumb And speedtrader
Broker | Bithumb | speedtrader |
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Minimum Deposit | $500 | $250 |
Withdrawal Fees | No | No |
Inactivity Fees | No | No |
Deposit Fees | No | Yes |
CFD Fees | No | Yes |
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What Languages Do Bithumb And speedtrader Support?
Being able to communicate completely with your online broker is a key way of comparing trading platforms to find the best trading partner. Not only for support but to be sure you understand everything on their site and inside their app as it is a key factor to success when trading forex.
Here you can find the languages that both Bithumb and speedtrader support.
How Many Clients Do Bithumb and speedtrader Have?
Both Bithumb and speedtrader are well established with their client base. It is important to work with a broker you can trust and one of the easiest ways of understanding this is by knowing how many customers they already work with.
Below you will find details of how many customers Bithumb and speedtrader have
Broker | Bithumb | speedtrader |
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Clients / Users | 10,000+ | 3,500,000+ |
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What Payment Methods Do Bithumb and speedtrader Accept?
Bithumb and speedtrader both offer a wide range of payment options which is vital when you have a global customer base.
Below you will find details of all the payment options available at Bithumb and speedtrader
Broker | Bithumb | speedtrader |
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Bank Transfers | Yes | Yes |
Credit Cards | Yes | Yes |
PayPal | No | Yes |
Skrill | No | Yes |
Payoneer | Yes | Yes |
Neteller | No | Yes |
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What Can You Trade With Bithumb and speedtrader?
Bithumb offers 56 trading instruments whilst speedtrader offers 191.
Below you will find a full breakdown of what both Bithumb and speedtrader offer.
Bithumb Review
Bithumb vs speedtrader:
Table Of Contents
- Compare Bithumb vs speedtrader
- Benefits of Bithumb and speedtrader Compared
- speedtrader and Bithumb Mobile App Comparison
- Bithumb vs speedtrader - Awards
- Bithumb vs speedtrader - Frequently Asked Questions
- What is the minimum deposit for speedtrader or Bithumb
- Bithumb vs speedtrader - Regulation And Licencing In More Detail
- Compare Broker Fees For Bithumb And speedtrader
- What Languages Do Bithumb And speedtrader Support?
- How Many Clients Do Bithumb and speedtrader Have?
- What Payment Methods Do Bithumb and speedtrader Accept?
- What Can You Trade With Bithumb and speedtrader?