afx group
fxgrow
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Overview
afx group was founded in 2013 and is headquartered in Geneva, while fxgrow was established in 2014 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; fxgrow has 3,500,000+. Both brokers share the same minimum deposit of $250.
| Feature | afx group | fxgrow |
|---|---|---|
| Min. Deposit | $250 | $250 |
| Regulation | 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-F220 | 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 | 2013 | 2014 |
| Country | Geneva | USA |
| Clients | 14,000,000+ | 3,500,000+ |
Fees
Fees are a critical factor when choosing between afx group and fxgrow, directly affecting your bottom line as a trader. Both require a minimum deposit of $250. Neither broker charges withdrawal fees. The two brokers are broadly comparable on fee structure.
| Feature | afx group | fxgrow |
|---|---|---|
| Min. Deposit | $250 | $250 |
| Withdrawal Fees | No | No |
| Inactivity Fees | No | No |
| Deposit Fees | No | No |
| CFD Fees | Yes | No |
Platforms
afx group 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 afx group does not offer. afx group edges ahead on platform breadth and functionality in our scoring.
| Feature | afx group | 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, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps | 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 afx group and fxgrow compare. afx group runs regular live webinars; fxgrow does not. afx group has a video library; fxgrow does not. afx group publishes daily market commentary; fxgrow does not. afx group integrates third-party research tools (Trading Central); fxgrow does not. afx group maintains an archive of past webinars for on-demand viewing. afx group scores higher overall in education and research.
| Feature | afx group | 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. afx group accepts 5 of the tracked payment methods (bank transfer, credit/debit card, PayPal, Skrill, Neteller), while fxgrow supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). Both brokers support the same set of payment methods.
| Feature | afx group | fxgrow |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | Yes | Yes |
| Skrill | Yes | Yes |
| Neteller | Yes | Yes |
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 fxgrow offer live chat support. Both provide phone support. Email support is available at both brokers. Both brokers offer support in 8 languages. Both brokers are comparable on support quality.
| Feature | afx group | fxgrow |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic | English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic |