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 FxGlory broker review.
FxGlory brokerage is the only brokerage in the world which presents the leverage of 1:3000 for the small amount of deposit. Though, they do not charge our clients for this service. The spread offered by the broker ranges from 2 to 10. Also, the trades of their clients are automatically connected to a bank. To name some of their precious advantages they can say the fast execution of the trades and the minimum spread on trades.
|#||Broker's Features||FXGLORY 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 FxGlory 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. FxGlory offers Online Financial Trading and Investment Services Such as N/A, while Bithoven offers CFD for crypto.
Broker Type: Many types of brokers can be found in the most dynamic market in the world. FxGlory is Broker, 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. FxGlory 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. FxGlory is regulated by IFSA, 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. FxGlory offers USD 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. FxGlory offers English, while Bithoven offers English, Thai, Malaysian Customer Support Languages.
Payment methods: Next lets have a look at each broker's payment options. FxGlory offers PayPal, Credit Cards, Skrill, OKPAY,Payza, Netelle 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, FxGlory makes MetaTrader4 desktop/mobile, WebTrader 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, FxGlory is more reliable based on our criteria above. FxGlory offers a wider range of platforms making it easier for the traders to choose one that matches their needs most. Only FxGlory provides training and education resources which is extremely critical to beginner traders who may not be familiar with most of what goes on in the Forex markets.
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.