Advanced Global Markets
fx private
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Overview
Advanced Global Markets was founded in 1992 and is headquartered in Cyprus, while fx private was established in 2020 and is based in USA. Advanced Global Markets holds licences including Cyprus Securities and Exchange Commission (CySEC), while fx private is regulated by Financial Conduct Authority (FCA) among others. Advanced Global Markets serves 10,000+ clients worldwide; fx private has 12,000,000+. The minimum deposit is $500 at Advanced Global Markets and $250 at fx private.
| Feature | Advanced Global Markets | fx private |
|---|---|---|
| Min. Deposit | $500 | $250 |
| Regulation | Cyprus Securities and Exchange Commission (CySEC) | Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F239 |
| Founded | 1992 | 2020 |
| Country | Cyprus | USA |
| Clients | 10,000+ | 12,000,000+ |
Fees
Fees are a critical factor when choosing between Advanced Global Markets and fx private, directly affecting your bottom line as a trader. fx private has a lower barrier to entry with a minimum deposit of $250 (vs $500 at Advanced Global Markets). Both brokers charge withdrawal fees. Advanced Global Markets charges deposit fees; fx private does not. The two brokers are broadly comparable on fee structure.
| Feature | Advanced Global Markets | fx private |
|---|---|---|
| Min. Deposit | $500 | $250 |
| Withdrawal Fees | Yes | Yes |
| Inactivity Fees | No | No |
| Deposit Fees | Yes | No |
| CFD Fees | Yes | No |
Platforms
Advanced Global Markets offers MT4, MT5, cTrader, while fx private supports MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Advanced Global Markets edges ahead on platform breadth and functionality in our scoring.
| Feature | Advanced Global Markets | fx private |
|---|---|---|
| MT4 | Yes | No |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MT4 | MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Advanced Global Markets and fx private compare. Advanced Global Markets runs regular live webinars; fx private does not. Both provide video tutorials. Advanced Global Markets publishes daily market commentary; fx private 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 | fx private |
|---|---|---|
| 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 fx private supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). fx private uniquely supports PayPal and Skrill and Neteller among the two brokers. fx private scores higher on deposit and withdrawal flexibility.
| Feature | Advanced Global Markets | fx private |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | Yes |
| Skrill | No | Yes |
| Neteller | No | Yes |
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 fx private offer live chat support. Both provide phone support. Email support is available at both brokers. Advanced Global Markets supports 2 languages and fx private supports 8, giving fx private broader global reach. Both brokers are comparable on support quality.
| Feature | Advanced Global Markets | fx private |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic |