easyMarkets vs Bitfinex, 2022 Update
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easyMarkets vs Bitfinex Guide
Read our In-Depth easyMarkets vs Bitfinex Review - Updated for 2022
This easyMarkets vs Bitfinex review has been updated for 2022 by industry experts with years of financial experience in Forex, CFDs, & Social Trading.
Please note that due to regulations for each broker, the content in this easyMarkets vs Bitfinex review does not apply to all countries as follows:
easyMarkets Excluded Countries
United States of America, Israel, Afghanistan, Anguilla, Burundi, Cambodia, Cayman Islands, Chad, Congo, Cuba, Democratic Republic of the Congo, Dominica, Equatorial Guinea, Fiji, Guinea Bissau, Haiti, Honduras, Iran, Iraq, Lao, Libya, Mozambique, Myanmar, Nicaragua, Democratic Peoples Republic of Korea, Palau, Panama, Somalia, Sudan, Syrian Arab Republic, Trinidad and Tobago, Turkmenistan, Vanuatu, Venezuela, and Yemen.
Bitfinex Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Compare easyMarkets vs Bitfinex
Every online trading platform has a few ups and downs, and no easyMarkets and Bitfinex review would be complete without having a balanced approach. Compare easyMarkets and Bitfinex to understand how they stack up against each other before you create an account. A comparative analysis can put things into perspective so that you are aware of what to expect.
So you are looking for an online trading platform and are choosing between easyMarkets or Bitfinex. Who is better in 2022?
This easyMarkets vs Bitfinex comparison contains the most recent information so you can easily compare Bitfinex against easyMarkets.
If you're a new entrant in the world of trading and brokerages, so many nuances will be confusing for you. Getting into the world of trading requires expert assessing skills and thorough knowledge. You will acquire adept at all the concepts of brokerage as you continue trading. For starters, you need to choose the right agent who will be transparent with you always.
Within this fast-paced universe of stock markets and trading, you will need advice to make correct decisions. A professionally lead investment plan has the potential to generate hefty returns. easyMarkets and Bitfinex are just two such companies that will take you along with your investment into great heights. It is crucial to compare easyMarkets vs Bitfinex before you trust them with your money.
Our easyMarkets vs Bitfinex comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust easyMarkets and Bitfinex side by side.
Our entire easyMarkets vs Bitfinex Review covers all you will need to learn about trading using either easyMarkets or Bitfinex. A fantastic agent can multiply your initial investments and give you favorable profits. If you would like to earn profits, you must trade with a brokerage service that contrasts with your investment goals.
There is no sure-fire method to ensure profits; thus, you must carefully assess your agent before you select them. It is a common misconception that all brokers will be the same, but that is not true. Wrong judgment, initially, can put your investments in danger.
easyMarkets and Bitfinex are both brokers which have forged their way successfully into the broker world. Within this review, we've attempted to collate some of the vital aspects of both easyMarkets and Bitfinex. This review will allow you to understand whether either Bitfinex or easyMarkets is a good match for your own investments or not. We've tried to breakdown all of the qualities and fees for your advantage.
Benefits of easyMarkets and Bitfinex Compared
easyMarkets has a minimum deposit of $100 while Bitfinex offers a $100 minimum deposit.
Why smaller minimum deposits are good and how easyMarkets and Bitfinex 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.
easyMarkets has around 200 financial instruments whilst Bitfinex allows you to trade around 200 on their platform.
The more financial instruments you can trade on the easyMarkets and Bitfinex trading 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 never want to miss out on a trading opportunity due to the limitations of easyMarkets or Bitfinex.
easyMarkets and Bitfinex Contact Details
Being able to contact an online trading platform through many ways is important. easyMarkets and Bitfinex have the following contact details and social medias that you can use.
|Telephone Number||+357 25 828 899|
|Address||1 Griva Digheni, Limassol, Limassol 3035, CY|
|easyMarkets Twitter Account||Bitfinex Twitter Account|
|easyMarkets Facebook Page||Bitfinex Facebook Page|
|easyMarkets Instagram Account||Bitfinex Instagram Account|
|easyMarkets LinkedIn Page||Bitfinex LinkedIn Page|
|YouTube||easyMarkets YouTube Channel||Bitfinex YouTube Channel|
|Find Out More||
Bitfinex and easyMarkets Mobile App Comparison
As more and more traders and investors use their smartphones for trading, it is increasingly important that brokers offer easy-to-use apps that can deliver the same services as desktop platforms.
This part of comparing easyMarkets and Bitfinex will examine whether their mobile app meets all our requirements.
Overall, we rate the user-friendliness of the apps as Better than the average.
It is crucial that trading apps have user-friendly capabilities, especially for those who use it with their smartphones.
While most brokers are good at this, there are some poor ones. For example, if you start typing 'Emerging markets', will the software find all the Emerging markets ETFs for you, even if their name doesn't start with 'emerging'? If you only ever traded US stocks and start typing 'Apple', will the AI show you the Apple stock or the obscure Irish stock Applegreen?
easyMarkets vs Bitfinex - Awards
easyMarkets have won a lot of industry awards over the years they have been operating as a financial broker. We show the most recognised awards for easyMarkets below.
|At the time of writing this Bitfinex review, and despite Bitfinex’s impressive offering, the company has surprisingly not garnered any awards to date.|
|Find Out More||
easyMarkets vs Bitfinex - Frequently Asked Questions
easyMarkets vs Bitfinex - Headquarters And Year Of Founding
easyMarkets was founded in 2003 and has its headquaters in Cyprus, Australia.
Bitfinex was founded in 2015 and has its headquaters in New Zealand.
What is the minimum deposit for Bitfinex or easyMarkets
The minimum deposit for easyMarkets is $100.
The minimum deposit for Bitfinex is $100.
Depending on your needs, a lower minimum deposit can be beneficial. If you are experienced with forex trading but are looking for a change then both easyMarkets and Bitfinex are a good option.
easyMarkets vs Bitfinex - Regulation And Licencing In More Detail
easyMarkets is regulated by Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investment Commission (ASIC).
Bitfinex is regulated by Financial Services Provider (FSP).
Both easyMarkets and Bitfinex have a strong collection of rules for ensuring fair trading onto their individual platforms. For information encryption purposes, they provide industry-standard secure socket layers (SSL).
In accordance with their own privacy regulations, client information is never to be shared with any other institutions or individuals. This includes credit history and other financial details.
Compare easyMarkets vs Bitfinex Commission And Fees
easyMarkets and Bitfinex are online brokerage platforms, and most online brokerages charge lower prices than traditional brokerages tend to bill. The cause of this is that the companies of online trading platforms are scaled much better. In other words, an internet broker is not necessarily affected by the amount of customers they have.
However, this doesn't mean that online brokers do not charge any fees. They charge fees of varying rates for various services to make money. There are primarily 3 different types of penalties for this purpose.
The first sort of fees to look out for are trading charges. Whenever you make a genuine trade, like purchasing a stock or an ETF, you are charged trading fees. In these instances, you are spending a spread, financing speed, or a commission. The sorts of trading charges and the prices differ from broker to broker.
Commissions could be fixed or determined by the traded quantity. On the other hand, a spread refers to the gap between the buying and selling cost. Financing or overnight rates are people that are billed when you hold a leveraged position for longer than daily.
Apart from trading fees, online agents also bill non-trading fees. These are determined by the activities you undertake in your accounts. They are billed for operations like depositing cash, not investing for long periods, or withdrawals.
In general, neither easyMarkets or Bitfinex charge high fees compared to other online brokers. For operations other brokers charge for, they either do not charge a broker fee, or they charge a lesser sum. This is beneficial for those who regularly exchange, such as daily or weekly trading.
But, non-trading fees billed by easyMarkets and Bitfinex are relatively higher. Consequently, you're billed more for non-trading activities in your trading accounts, like deposits and withdrawal. These are not related to the purchase and sale of assets.
This easyMarkets vs Bitfinex review for 2022 breaks down every one of the applicable non-trading fees for you in detail.
Compare Broker Fees For easyMarkets And Bitfinex
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What Languages Do easyMarkets And Bitfinex Support?
Being able to chat completely with your online broker is a key part of comparing online brokers to find your perfect broker. Not only for support but to ensure you understand everything on their site and inside their app as it is a key part of success when trading forex.
Below you can find the languages that both easyMarkets and Bitfinex support.
|Languages Supported||English, German, Arabic, Chinese, Spanish and Polish||English, and Chinese|
|Find Out More||
How Many Clients Do easyMarkets and Bitfinex Have?
Both easyMarkets and Bitfinex are well established with their customer base. It is really 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 users easyMarkets and Bitfinex are active on their platform
|Clients / Users||142,500+||10,000+|
|Find Out More||
What Payment Methods Do easyMarkets and Bitfinex Accept?
easyMarkets and Bitfinex 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 easyMarkets and Bitfinex
|Find Out More||
What Can You Trade With easyMarkets and Bitfinex?
easyMarkets offers 200 trading instruments and Bitfinex offers 55.
Below you will find a full breakdown of what both easyMarkets and Bitfinex offer.
Compare easyMarkets To All Other Brokers
Compare Bitfinex To All Other Brokers
easyMarkets vs Bitfinex:
Table Of Contents
- Compare easyMarkets vs Bitfinex
- Benefits of easyMarkets and Bitfinex Compared
- Bitfinex and easyMarkets Mobile App Comparison
- easyMarkets vs Bitfinex - Awards
- easyMarkets vs Bitfinex - Frequently Asked Questions
- What is the minimum deposit for Bitfinex or easyMarkets
- easyMarkets vs Bitfinex - Regulation And Licencing In More Detail
- Compare Broker Fees For easyMarkets And Bitfinex
- What Languages Do easyMarkets And Bitfinex Support?
- How Many Clients Do easyMarkets and Bitfinex Have?
- What Payment Methods Do easyMarkets and Bitfinex Accept?
- What Can You Trade With easyMarkets and Bitfinex?