Bitfinex Review 2021

Bitfinex is among the best crypto exchanges for experienced traders with a free mobile trading app and low fees.

Bitfinex is broker that provides access to Cryptos. Surprisingly, Bitfinex does not support either of the enormously popular MetaTrader platforms (4 and 5).

In terms of features offered to traders, Bitfinex has Demo Accounts and Auto Trading but is missing Islamic Accounts, Social Trading and Signals.

Cryptocurrency traders will have lots of options at Bitfinex, with 57 different coins to trade: BTC, ETH, USDT, LTC, XRP, DOGE, ETC, EOS, LINK, BCHN, DOT, DASH, IOTA, SUSHI, NEO, ZEC, UNI, ADA, OMG, MDOGE, BSV, TRX, XTZ, SOL, XLM, YFI, USDC, ZRX, FIL, VET, XMR, COMP, BTG, DAI, LUNA, CEL, ALGO, ATOM, EGLD, FTT, AVAX, MKR, LEO, BTT, CHZ, BAT, BAND, QTUN, CLO, AAVE, XDC, HEZ, KNC, ZIL, MANA, BAL and UOS.

Please note that Bitfinex is an unregulated broker. With no regulatory oversight a broker can offer higher leverage and other features that regulated brokers can not, but it also means that traders need to be more careful. Don't deposit large sums before you feel confident that the operator is trustworthy.

Bitfinex Summary

Bitfinex is among the best crypto exchanges for experienced traders with a free mobile trading app and low fees.

Ratings

20%
Trust
16%
Instruments
28%
Features
BonusNone
InstrumentsCryptos
Demo Account
Min. Deposit$10,000
Min. Trade$10
Regulated By
MetaTrader 4
MetaTrader 5
cTrader
DMA Account
ECN Account
Mobile Apps iOS, Android
Auto Trading
Trade Signals
Social Trading
Copy Trading
Islamic Account

Cryptocurrency Trading

Bitfinex offers an extensive list of crypto crosses and crypto fiat pairs

SpreadVariable taker & maker fee
CoinsBTC, ETH, USDT, LTC, XRP, DOGE, ETC, EOS, LINK, BCHN, DOT, DASH, IOTA, SUSHI, NEO, ZEC, UNI, ADA, OMG, MDOGE, BSV, TRX, XTZ, SOL, XLM, YFI, USDC, ZRX, FIL, VET, XMR, COMP, BTG, DAI, LUNA, CEL, ALGO, ATOM, EGLD, FTT, AVAX, MKR, LEO, BTT, CHZ, BAT, BAND, QTUN, CLO, AAVE, XDC, HEZ, KNC, ZIL, MANA, BAL, UOS

Payment Methods

Bitfinex accepts the following payment methods:

  • Wire Transfer
  • Bitcoin Payments
Risk Warning – Your capital is at risk

FAQ

Is Bitfinex Safe?

In our review we gave Bitfinex a low trust score of 20%, which means that traders should try things out before they deposit any larger amounts. What impacted the trust score the most is the fact that Bitfinex is not regulated. Extra careful traders might want to find an alternative in our top list of UK brokers.

Does Bitfinex Accept PayPal?

No, Bitfinex does not accept PayPal payments.

Is Bitfinex Halal?

Probably not, as Bitfinex does not offer an Islamic trading account as far as we know. For alternatives, please see the list of halal brokers.

Is Bitfinex Regulated?

No, unfortunately Bitfinex is not regulated to our knowledge. Careful traders might want to check out our list of FCA regulated brokers for options.

Bitfinex vs Other Brokers

If you want to compare Bitfinex with other brokers, use the detailed comparisons below.

Bitfinex vs
Bitfinex is among the best crypto exchanges for experienced traders with a free mobile trading app and low fees.