Forex.com vs BitMex
| FOREX.com | BitMEX |
|---|---|
4.5
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3.2
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Founded in 1999, FOREX.com is now part of StoneX, a financial services organization serving over one million customers worldwide. Regulated in the US, UK, EU, Australia and beyond, the broker offers thousands of markets, not just forex, and provides excellent pricing on cutting-edge platforms. |
BitMEX is a crypto exchange and derivatives trading platform, launched in 2014. The firm offers a fiat–crypto onramp, spot trading, and crypto derivatives including perpetual contracts, traditional futures and quanto futures. BitMEX offers amongst the largest market liquidity of any cryptocurrency exchange. |
| Customer Reviews | |
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4.7
Based on 3 FOREX.com customer reviews
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| Bonus Offer | |
| Fee reduction for BMEX token holders | |
| Comment by Reviewer | |
| "FOREX.com remains a best-in-class brokerage for active forex traders of all experience levels, with over 80 currency pairs, tight spreads from 0.0 pips and low commissions. The powerful charting platforms collectively offer over 100 technical indicators, as well as extensive research tools." | "Active traders who want access to a good range of crypto derivatives will be intrigued by BitMEX's offering, with Perpetual Contracts available. The 100x leverage on Bitcoin is also higher than many alternatives." |
| Pros | |
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| Cons | |
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| Awards | |
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| Instruments | |
| CFDs, Forex, Stocks, Cryptos, Futures, Options, Commodities | Crypto |
| Demo Account | |
| Yes | Yes |
| Minimum Deposit | |
| $100 | $0.01 |
| Trading Platforms | |
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| Payment Methods | |
| Minimum Trade | |
| 0.01 Lots | Variable |
| Regulator | |
| NFA, CFTC, CIRO, FCA, CYSEC, ASIC, SFC, FSA, MAS, CIMA | Republic of Seychelles |
| Margin Trading | |
| Yes | Yes |
| STP Account | |
| Yes | No |
| ECN Account | |
| Yes | No |
| DMA Account | |
| Yes | No |
| MAM Account | |
| No | No |
| PAMM Account | |
| No | No |
| LAMM Account | |
| No | No |
| Demat Account | |
| No | No |
| AI / Machine Learning | |
| Yes | No |
| Robo Advisor | |
| No | No |
| Negative Balance Protection | |
| Yes | No |
| Market Maker | |
| No | Yes |
| P2P Trading | |
| No | Yes |
| Spot Trading | |
| Yes | Yes |
| Mobile Apps | |
| iOS & Android | iOS & Android |
| App Review | |
Running alongside the MT4 and Web Trader platforms, the FOREX.com app offers full trading capabilities on a user-friendly, compact platform. Integrated news and analysis, plus real time trade alerts, are two mobile specific features that set this app above the crowd. Additionally, it beats out MT4 when it comes to mobile charting tools, with over 80 indicators and 11 chart types, not to mention a slicker design that we love. |
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| Android App Rating | |
3.8 |
3.2 |
| iOS App Rating | |
3.6 |
3.2 |
| Auto Trading | |
| Expert Advisors (EAs) on MetaTrader | BitMEX Market Maker, BotVS, and via API |
| Copy Trading | |
| No | No |
| Social Trading | |
| No | Yes |
| Trade Signals | |
| SMART Signals | |
| VPS Hosting | |
| Yes | No |
| Tournaments | |
| No | No |
| Demo Competitions | |
| No | No |
| Ethical Investing | |
| No | No |
| Custodial Account | |
| No | No |
| Guaranteed Stop Loss | |
| No | No |
| Inactivity Fee | |
| $15 | |
| Islamic Account | |
| Yes | No |
| Account Currencies | |
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| Stock Exchanges | |
| Commodities | |
| CFD Trading | |
| With the ability to take both long and short positions on 5,500+ CFDs across forex, stocks, indices, commodities, and cryptocurrencies, FOREX.com excels. Its exclusive Web Trader platform offers an excellent trading experience, equipped with over 80 technical indicators and average execution speeds of just 20 milliseconds, ensuring an optimal environment for serious day traders. | CFD trading not offered |
| Leverage | |
| 1:200 (Retail), 1:500 (Pro) | |
| FTSE Spread | |
| 1.0 | |
| GBPUSD Spread | |
| 1.3 | |
| Oil Spread | |
| 2.5 | |
| Stocks Spread | |
| 0.14 | |
| Forex Trading | |
| FOREX.com continues to uphold its stature as a premier FX broker, offering over 80 currency pairs and boasting some of the most competitive fees in the industry. With EUR/USD spreads dipping as low as 0.0 and $5 commission per $100k, it stands out. Moreover, its SMART Signals help to identify price behaviors across numerous major currency markets. | Forex trading not offered |
| Forex App | |
Running alongside the Advanced and Web Trader Platforms, the FOREX.com mobile app offers full trading capabilities on a user-friendly, compact platform. Integrated news and analysis, plus real time trade alerts, are two mobile specific features that set this app above the crowd. |
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| GBPUSD Spread | |
| 1.3 | |
| EURUSD Spread | |
| 1.2 | |
| EURGBP Spread | |
| 1.4 | |
| Assets | |
| 80+ | |
| Cryptocurrency | |
| You can trade a small range of 8+ cryptos against USD, EUR, GBP and AUD with tight spreads and no virtual wallet required. Algo traders can also utilize Expert Advisors (EAs) to automate their crypto trades. | BitMEX continues to offer a highly competitive crypto trading environment, with cheap $1 contracts and leverage up to 1:100. The broker’s proprietary platform offers cutting-edge trading features, including a customizable order book, a depth chart and dozens of technical indicators. |
| Spread | |
| BTC 1.4%, ETH 2% | -0.01% maker, 0.075% taker |
| Coins | |
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| Crypto Lending | |
| No | No |
| Crypto Mining | |
| No | No |
| Crypto Staking | |
| No | Yes |
| Auto Market Maker | |
| No | Yes |
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| More Comparisons | |
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FOREX.com vs |
BitMEX vs |