Compare forex brokers Bithoven VS Forexct

If you're choosing between Bithoven and Forexct forex brokers, we've compared hundreds of data points side-by-side to make finding the right broker for you easier. Is Bithoven better than Forexct? After assessing the two forex brokers on nearly 50 different variables, we would be able to get into an informed conclusion.

BITHOVEN VS FOREXCT

Bithoven
Bithoven Overview

Bithoven.com is a multifunctional cryptocurrency trading platform that has managed to prove itself as a reliable and professional crypto trading service provider. In essence, Bithoven.com offers high liquidity in the order book, speed and accuracy of operations on the exchange, as well as margin trading services with using leverage up to 1:20 and Bitcoin as the nominal margin currency.

ForexCT
ForexCT Overview

ForexCT is an Australian fixed spread broker that offers Forex and CFDs for trading over the internet. With a minimum deposit of $500, a maximum leverage of 1:400 and dealing spreads starting at 2 pips.

# Broker's Features BITHOVEN Availability FOREXCT Availability
# Commissions
# Hedging
# PAMM
# Scalping
# Accepts US traders
# 24 hour trading
# Swaps
# Demo account
# Daily analysis
# Automated trading
# Mobile trading
# Trading by phone
# 1st deposit bonus
# Forex contests competitions
# Bonuses Promotions
# Interest charges on the balance
# Free education
# Expert advisors
# Partnership programs
# Trust management
# 24 hour support

The variety of online brokers on the internet is very huge, so it is necessary to do a transparent review and comparison of the companies. After spending several days researching different forex brokers for trading FX, our team at onlineforextrading.net team collected over 50 data points. For this review, we will compare Bithoven vs Forexct.

Financial Trading and Investment Services: First of all, you should know which financial instrument you want to trade and then searching for the right broker. This can be stocks, forex, CFDs, cryptocurrencies or options. Bithoven offers Online Financial Trading and Investment Services Such as CFD for Cryptocurrency, while Forexct offers Currencies, Commodities, Indices, Stocks, Cryptocurrency, Futures.

Broker Type: Many types of brokers can be found in the most dynamic market in the world. Bithoven is Broker, while Forexct is Market Maker.

Minimum Deposit Requirement: To compare these two FX brokers, we will then take a look at how much is required as a basic minimum to open an account. You need to consider how much money you can spare to start off a Forex brokerage. Bithoven recommended minimum capital is N/A, while Forexct has a Minimum Deposit Requirement of .

Is the Forex broker regulated? Commissions and fees aside, let's take a look at regulation. Trust is critical, and you should highly consider choosing a broker that regulated in a major hub. Bithoven is regulated by FSA, while Forexct regulated by ASIC. For our reviews, official regulation of an official financial authoritarian is required. Brokers have to fulfill certain conditions to get these licenses. In order to violate the rules, they would lose their license and a lot of money.

Account currencies: Next lets consider the Account currencies each broker offers. Bithoven offers BTC different account currencies for each account types, while Forexct offers account currencies.

Languages Available: Next lets have a look at each broker's different Language options. Bithoven offers English, Thai, Malaysian, while Forexct offers English Customer Support Languages.

Payment methods: Next lets have a look at each broker's payment options. Bithoven offers Bitcoin different payment methods for each account types, while Forexct offers Credit/Debit Cards, Bank Wire Transfer payment methods.

Trading platforms: Next, let's look at the tools and features fx traders desire. With trading platforms, Bithoven makes MT5 available to clients, while Forexct offers PROfit.

The Verdict: Bithoven or Forexct?

There’s no such thing as a perfect broker, but some are going to be a better fit for you than others.

Objectively, Bithoven is more reliable based on our criteria above. Only Bithoven Offers the MetaTrader Platform. MetaTrader platform is a comprehensive trading platform that is often touted as being the best for forex trading. A popular, versatile and unique tool. Bithoven offers a wider range of platforms making it easier for the traders to choose one that matches their needs most. Bithoven offers a wider range of Account currencies. Why does base currencies matter? Because if you fund your account in the same currency as your bank account, currency conversion fees won't be charged. Customer service in your national language might not be a major concern for traders based in English-speaking countries, but it is a defining requirement for traders from other regions such as Asia and South America. Bithoven has a wider range of languages in which customer service is offered making the broker more accessible. One of the criteria we looked at before opening an account on a forex broker is the minimum deposit amount. Bithoven broker offers lower minimum deposit requirement.

Finally, if you're really not sure you can always use our free tool (takes 15 seconds) that will help you find a suitable Personalised Broker based on your precise requirements here.

Are you Satisfied with what They Offer?