B2Broker vs bitFlyer USA

How B2Broker vs bitFlyer USA compare on our ratings, exchange specs, funding, pros and cons.

VS
Feature
Ratings
Our score4.2/53.4/5
User ratingNo reviews yetNo reviews yet
Fees3.54.0
Security & trust4.53.5
Asset selection4.53.0
Ease of use4.03.5
Support4.53.0
Specs
MarketsSpot, Margin, Copy trading, OTCSpot, OTC
Maker feeNot disclosed0.1%
Taker feeNot disclosed0.1%
Fiat deposit methodsBank transfer, CardNot disclosed
KYC required Yes Yes
Accepts US customersNot disclosed Yes
Proof of reservesNot disclosed No
Mobile appNot disclosed Yes
Licenses & registrationsMauritius FSC, CySEC, NBRBNew York BitLicense, FinCEN MSB, US Money Transmitter Licenses (49 states)
Security featuresNot disclosed100% cold storage, Multi-signature custody, 2FA
Futures & perpetuals Yes No
Max leverage (x)1,000Not disclosed
Copy trading Yes No
P2P marketNot disclosed No
Company
Founded20142017
Headquarters—United States
InvestorsNot disclosedNot disclosed
Strengths and weaknesses
Pros
  • Turnkey liquidity across 11 asset classes and 1,500 instruments via single margin
  • Stablecoin settlements in USDT and USDC across 10 separate blockchains
  • Regulated operating arms hold CySEC and Mauritius FSC licenses
  • Established track record since 2014 with over 500 broker launches
  • Holds a New York BitLicense and regulatory licenses in 49 states
  • 0.10% entry spot fee on the Lightning book
  • Lightning terminal offers advanced orders like icebergs and trailing stops
  • Multi-signature cold storage for digital asset deposits
Cons
  • Does not accept retail traders or individual investor accounts
  • Requires corporate counterparty clearing through distinct legal entities
  • High leverage up to 1:1000 is restricted to unregulated jurisdictions
  • Fined $1.2M by NYDFS in May 2023 for cybersecurity deficiencies
  • No public real-time cryptographic proof of reserves
  • Unavailable to residents of Hawaii
  • Mandatory KYC identity verification for all accounts
Best forBrokers launching white-label crypto exchanges, Institutional desks needing multi-asset liquidity, Firms operating cTrader prop trading programsUS traders requiring licensed exchanges, Active algorithmic spot traders, New York crypto investors

Highlighted cells show the stronger value in each row. Data comes from each provider's site and public sources; check details before you sign up.

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