Advanced Global Markets
Direct FX
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Overview
Advanced Global Markets was founded in 1992 and is headquartered in Cyprus, while Direct FX was established in 2006 and is based in New Zealand. Advanced Global Markets holds licences including Cyprus Securities and Exchange Commission (CySEC), while Direct FX is regulated by Unregulated among others. Advanced Global Markets serves 10,000+ clients worldwide; Direct FX has 10,000+. The minimum deposit is $500 at Advanced Global Markets and $1 at Direct FX.
| Feature | Advanced Global Markets | Direct FX |
|---|---|---|
| Min. Deposit | $500 | $1 |
| Regulation | Cyprus Securities and Exchange Commission (CySEC) | Unregulated |
| Founded | 1992 | 2006 |
| Country | Cyprus | New Zealand |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Advanced Global Markets and Direct FX, directly affecting your bottom line as a trader. Direct FX 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 Direct FX does not, a notable advantage for frequent withdrawers. Advanced Global Markets charges deposit fees; Direct FX does not. Overall, Direct FX scores higher on fees in our assessment.
| Feature | Advanced Global Markets | Direct FX |
|---|---|---|
| Min. Deposit | $500 | $1 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | No | No |
| Deposit Fees | Yes | Yes |
| CFD Fees | Yes | Yes |
Platforms
Advanced Global Markets offers MT4, MT5, cTrader, while Direct FX supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Direct FX supports social and copy trading features, which Advanced Global Markets does not offer. The two brokers are closely matched on platform offering.
| Feature | Advanced Global Markets | Direct FX |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MT4 | Not available |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Advanced Global Markets and Direct FX compare. Both brokers run regular live webinars. Both provide video tutorials, including advanced content. Daily market commentary is available from both brokers. Both integrate third-party research tools including Trading Central. Archived webinars are available at both brokers for self-paced learning. The two brokers are evenly matched on educational content.
| Feature | Advanced Global Markets | Direct FX |
|---|---|---|
| Forex Education | No | No |
| CFD Education | Yes | Yes |
| Weekly Webinars | Yes | Yes |
| Daily Commentary | Yes | Yes |
| Trading Central | Yes | Yes |
| Autochartist | No | No |
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 Direct FX supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.
| Feature | Advanced Global Markets | Direct FX |
|---|---|---|
| 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 Direct FX 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 | Direct FX |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |