Advanced Global Markets
Blitzbrokers
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Overview
Advanced Global Markets was founded in 1992 and is headquartered in Cyprus, while Blitzbrokers was established in 1982 and is based in Hong Kong. Advanced Global Markets holds licences including Cyprus Securities and Exchange Commission (CySEC), while Blitzbrokers is regulated by Securities and Futures Commission (SFC) among others. Advanced Global Markets serves 10,000+ clients worldwide; Blitzbrokers has 10,000+. The minimum deposit is $500 at Advanced Global Markets and $1 at Blitzbrokers.
| Feature | Advanced Global Markets | Blitzbrokers |
|---|---|---|
| Min. Deposit | $500 | $1 |
| Regulation | Cyprus Securities and Exchange Commission (CySEC) | Securities and Futures Commission (SFC) |
| Founded | 1992 | 1982 |
| Country | Cyprus | Hong Kong |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Advanced Global Markets and Blitzbrokers, directly affecting your bottom line as a trader. Blitzbrokers has a lower barrier to entry with a minimum deposit of $1 (vs $500 at Advanced Global Markets). Advanced Global Markets charges withdrawal fees while Blitzbrokers does not, a notable advantage for frequent withdrawers. Advanced Global Markets charges deposit fees; Blitzbrokers does not. Overall, Blitzbrokers scores higher on fees in our assessment.
| Feature | Advanced Global Markets | Blitzbrokers |
|---|---|---|
| Min. Deposit | $500 | $1 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | No | No |
| Deposit Fees | Yes | No |
| CFD Fees | Yes | No |
Platforms
Advanced Global Markets offers MT4, MT5, cTrader, while Blitzbrokers supports MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Blitzbrokers supports social and copy trading features, which Advanced Global Markets does not offer. Advanced Global Markets edges ahead on platform breadth and functionality in our scoring.
| Feature | Advanced Global Markets | Blitzbrokers |
|---|---|---|
| MT4 | Yes | No |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MT4 | Desktop,WEB,Android |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Advanced Global Markets and Blitzbrokers compare. Advanced Global Markets runs regular live webinars; Blitzbrokers does not. Both provide video tutorials. Advanced Global Markets publishes daily market commentary; Blitzbrokers does not. Both integrate third-party research tools. Advanced Global Markets maintains an archive of past webinars for on-demand viewing. Advanced Global Markets scores higher overall in education and research.
| Feature | Advanced Global Markets | Blitzbrokers |
|---|---|---|
| Forex Education | No | Yes |
| CFD Education | Yes | No |
| Weekly Webinars | Yes | No |
| Daily Commentary | Yes | No |
| Trading Central | Yes | No |
| Autochartist | No | Yes |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Advanced Global Markets accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while Blitzbrokers supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.
| Feature | Advanced Global Markets | Blitzbrokers |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | No |
| Skrill | No | No |
| Neteller | No | No |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both Advanced Global Markets and Blitzbrokers offer live chat support. Both provide phone support. Email support is available at both brokers. Both brokers offer support in 2 languages. Both brokers are comparable on support quality.
| Feature | Advanced Global Markets | Blitzbrokers |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |