Advanced Global Markets
fxgrow
BrokerDataNet earns affiliate commission from brokers listed on this site. This does not affect our ratings or editorial independence.
Overview
Advanced Global Markets was founded in 1992 and is headquartered in Cyprus, while fxgrow was established in 2014 and is based in USA. Advanced Global Markets holds licences including Cyprus Securities and Exchange Commission (CySEC), while fxgrow is regulated by Financial Conduct Authority (FCA) among others. Advanced Global Markets serves 10,000+ clients worldwide; fxgrow has 3,500,000+. The minimum deposit is $500 at Advanced Global Markets and $250 at fxgrow.
| Feature | Advanced Global Markets | fxgrow |
|---|---|---|
| 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-F245 |
| Founded | 1992 | 2014 |
| Country | Cyprus | USA |
| Clients | 10,000+ | 3,500,000+ |
Fees
Fees are a critical factor when choosing between Advanced Global Markets and fxgrow, directly affecting your bottom line as a trader. fxgrow has a lower barrier to entry with a minimum deposit of $250 (vs $500 at Advanced Global Markets). Advanced Global Markets charges withdrawal fees while fxgrow does not, a notable advantage for frequent withdrawers. Advanced Global Markets charges deposit fees; fxgrow does not. Overall, fxgrow scores higher on fees in our assessment.
| Feature | Advanced Global Markets | fxgrow |
|---|---|---|
| Min. Deposit | $500 | $250 |
| 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 fxgrow supports MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. fxgrow 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 | fxgrow |
|---|---|---|
| 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 fxgrow compare. Advanced Global Markets runs regular live webinars; fxgrow does not. Advanced Global Markets has a video library; fxgrow does not. Advanced Global Markets publishes daily market commentary; fxgrow does not. Advanced Global Markets integrates third-party research tools (Trading Central); fxgrow does not. 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 | fxgrow |
|---|---|---|
| Forex Education | No | No |
| CFD Education | Yes | No |
| Weekly Webinars | Yes | No |
| Daily Commentary | Yes | No |
| Trading Central | Yes | No |
| 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 fxgrow supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). fxgrow uniquely supports PayPal and Skrill and Neteller among the two brokers. fxgrow scores higher on deposit and withdrawal flexibility.
| Feature | Advanced Global Markets | fxgrow |
|---|---|---|
| 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 fxgrow offer live chat support. Both provide phone support. Email support is available at both brokers. Advanced Global Markets supports 2 languages and fxgrow supports 8, giving fxgrow broader global reach. Both brokers are comparable on support quality.
| Feature | Advanced Global Markets | fxgrow |
|---|---|---|
| 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 |