At onlineforextrading.net we have readers-first policy. Thus, we always put our readers' safety as a priority in our business line. We will never just satisfy ourselves with Brokers' public information, however, go in-depth. Often we will also open live and demo accounts and test brokers directly! For the above mentioned, we stand on our toes checking all the ins and outs in a broker’s business history, biography and reputation. The very same standards apply in case of this Bithoven broker review.
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. The crypto exchange is open to partnership proposals and renders listing of new tokens according to qualifying parameters. For a relatively short period of time, Bithoven.com has succeeded in earning the clients’ trust and genuine interest owing to its intuitive user interface, advanced security system, use of data encryption tools and provision of professional customer care services.
At onlineforextrading.net we have readers-first policy. Thus, we always put our readers' safety as a priority in our business line. We will never just satisfy ourselves with Brokers' public information, however, go in-depth. Often we will also open live and demo accounts and test brokers directly! For the above mentioned, we stand on our toes checking all the ins and outs in a broker’s business history, biography and reputation. The very same standards apply in case of this Exness broker review.
Exness was founded by a group of like-minded professionals in the area of finance and information technology in 2008. It soon became one of the world’s leading online forex brokers and became known for some of the industry’s best trading conditions, including the ability to trade with unlimited leverage. Exness’ mission is to deliver a reliable, trustworthy and customer-focused trading experience, in a transparent and secure environment.
|#||Broker's Features||EXNESS Availability||BITHOVEN Availability|
|#||Accepts US traders||❌||❌|
|#||24 hour trading||✔||✔|
|#||Trading by phone||❌||❌|
|#||1st deposit bonus||❌||❌|
|#||Forex contests competitions||✔||❌|
|#||Interest charges on the balance||❌||❌|
|#||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 Exness vs Bithoven.
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. Exness offers Online Financial Trading and Investment Services Such as CFDs on metals, cryptocurrencies, while Bithoven offers CFD for crypto.
Broker Type: Many types of brokers can be found in the most dynamic market in the world. Exness is ECN, Market Maker, NDD, while Bithoven is Broker.
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. Exness recommended minimum capital is 1, while Bithoven has a Minimum Deposit Requirement of N/A.
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. Exness is regulated by CySEC, FCA, while Bithoven regulated by FSA. 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. Exness offers More than 80, including EUR, USD, GBP. Free metal- different account currencies for each account types, while Bithoven offers BTC account currencies.
Languages Available: Next lets have a look at each broker's different Language options. Exness offers English, Chinese, Russian, French, Thai, Indonesia, while Bithoven offers English, Thai, Malaysian Customer Support Languages.
Payment methods: Next lets have a look at each broker's payment options. Exness offers Bank cards, Neteller, Skrill, and other local and different payment methods for each account types, while Bithoven offers Bitcoin payment methods.
Trading platforms: Next, let's look at the tools and features fx traders desire. With trading platforms, Exness makes MetaTrader4, MetaTrader5 available to clients, while Bithoven offers MetaTrader 5: Web/Windows/iOS/Android.
There’s no such thing as a perfect broker, but some are going to be a better fit for you than others.
Objectively, Exness is more reliable based on our criteria above. Exness has a wider range of instruments to trade giving you the flexibility to get access and exposure to a wide range of markets. Regulations play a huge role in protecting the traders/investors interest as they compel the financial service providers such as forex brokers to act in a fair and ethical manner. Exness broker is regulated in more major hubs. Exness offers a wider range of platforms making it easier for the traders to choose one that matches their needs most. Exness 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. Exness has a wider range of languages in which customer service is offered making the broker more accessible.
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.