B

Advanced Global Markets

5.9/10

netotrade

7.4/10
7/10RegulationWinner10/10
0/10FeesWinner1/10
9/10PlatformsTied9/10
6/10Education & ResearchTied6/10
4/10Deposits & WithdrawalsWinner10/10
10/10SupportTied10/10

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Overview

Advanced Global Markets was founded in 1992 and is headquartered in Cyprus, while netotrade was established in 2016 and is based in USA. Advanced Global Markets holds licences including Cyprus Securities and Exchange Commission (CySEC), while netotrade is regulated by Financial Conduct Authority (FCA) among others. Advanced Global Markets serves 10,000+ clients worldwide; netotrade has 14,000,000+. The minimum deposit is $500 at Advanced Global Markets and $250 at netotrade.

netotrade wins this category
FeatureAdvanced Global Marketsnetotrade
Min. Deposit$500$250
RegulationCyprus 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-F283
Founded19922016
CountryCyprusUSA
Clients10,000+14,000,000+

Fees

Fees are a critical factor when choosing between Advanced Global Markets and netotrade, directly affecting your bottom line as a trader. netotrade 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 netotrade does not, a notable advantage for frequent withdrawers. Advanced Global Markets charges deposit fees; netotrade does not. Overall, netotrade scores higher on fees in our assessment.

netotrade wins this category
FeatureAdvanced Global Marketsnetotrade
Min. Deposit$500$250
Withdrawal FeesYesNo
Inactivity FeesNoNo
Deposit FeesYesNo
CFD FeesYesNo

Platforms

Advanced Global Markets offers MT4, MT5, cTrader, while netotrade supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. netotrade supports social and copy trading features, which Advanced Global Markets does not offer. The two brokers are closely matched on platform offering.

Tied
FeatureAdvanced Global Marketsnetotrade
MT4YesYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMT4MT4, 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 netotrade 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.

Tied
FeatureAdvanced Global Marketsnetotrade
Forex EducationNoNo
CFD EducationYesYes
Weekly WebinarsYesYes
Daily CommentaryYesYes
Trading CentralYesYes
AutochartistNoNo

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 netotrade supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). netotrade uniquely supports PayPal and Skrill and Neteller among the two brokers. netotrade scores higher on deposit and withdrawal flexibility.

netotrade wins this category
FeatureAdvanced Global Marketsnetotrade
Bank TransferYesYes
Credit CardYesYes
PayPalNoYes
SkrillNoYes
NetellerNoYes

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 netotrade offer live chat support. Both provide phone support. Email support is available at both brokers. Advanced Global Markets supports 2 languages and netotrade supports 8, giving netotrade broader global reach. Both brokers are comparable on support quality.

Tied
FeatureAdvanced Global Marketsnetotrade
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic