B

afx group

7.9/10

Daw Trading

6.7/10
10/10WinnerRegulation7/10
1/10FeesWinner8/10
9/10WinnerPlatforms7/10
6/10Education & ResearchTied6/10
10/10WinnerDeposits & Withdrawals4/10
10/10SupportTied10/10

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Overview

afx group was founded in 2013 and is headquartered in Geneva, while Daw Trading was established in 1988 and is based in USA. Both brokers are regulated by Financial Conduct Authority (FCA), among other authorities. afx group serves 14,000,000+ clients worldwide; Daw Trading has 10,000+. The minimum deposit is $250 at afx group and $100 at Daw Trading.

afx group wins this category
Featureafx groupDaw Trading
Min. Deposit$250$100
RegulationFinancial 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-F220Financial Conduct Authority (FCA)
Founded20131988
CountryGenevaUSA
Clients14,000,000+10,000+

Fees

Fees are a critical factor when choosing between afx group and Daw Trading, directly affecting your bottom line as a trader. Daw Trading has a lower barrier to entry with a minimum deposit of $100 (vs $250 at afx group). Neither broker charges withdrawal fees. Overall, Daw Trading scores higher on fees in our assessment.

Daw Trading wins this category
Featureafx groupDaw Trading
Min. Deposit$250$100
Withdrawal FeesNoNo
Inactivity FeesNoNo
Deposit FeesNoNo
CFD FeesYesNo

Platforms

afx group offers MT4, MT5, cTrader, while Daw Trading supports MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. afx group edges ahead on platform breadth and functionality in our scoring.

afx group wins this category
Featureafx groupDaw Trading
MT4YesNo
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile appsAndroid,WEB,Desktop,iPhone,Mac

Education & Research

Education and research tools help traders at every level make more informed decisions, and here's how afx group and Daw Trading 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
Featureafx groupDaw Trading
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. afx group accepts 5 of the tracked payment methods (bank transfer, credit/debit card, PayPal, Skrill, Neteller), while Daw Trading supports 2 (bank transfer, credit/debit card). afx group uniquely supports PayPal and Skrill and Neteller among the two brokers. afx group scores higher on deposit and withdrawal flexibility.

afx group wins this category
Featureafx groupDaw Trading
Bank TransferYesYes
Credit CardYesYes
PayPalYesNo
SkrillYesNo
NetellerYesNo

Support

Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both afx group and Daw Trading offer live chat support. Both provide phone support. Email support is available at both brokers. afx group supports 8 languages and Daw Trading supports 2, giving afx group broader global reach. Both brokers are comparable on support quality.

Tied
Featureafx groupDaw Trading
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and ArabicEnglish, and Chinese