afx group
Startrader
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Overview
afx group was founded in 2013 and is headquartered in Geneva, while Startrader was established in 2011 and is based in Hong Kong. Both brokers are regulated by Financial Conduct Authority (FCA), among other authorities. afx group serves 14,000,000+ clients worldwide; Startrader has 500,000 +. The minimum deposit is $250 at afx group and $50 at Startrader.
| Feature | afx group | Startrader |
|---|---|---|
| Min. Deposit | $250 | $50 |
| 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), Saint Vincent and Grenadines (SVG) and Financial Services Authority Seychelles (FSA) |
| Founded | 2013 | 2011 |
| Country | Geneva | Hong Kong |
| Clients | 14,000,000+ | 500,000 + |
Fees
Fees are a critical factor when choosing between afx group and Startrader, directly affecting your bottom line as a trader. afx group has a lower barrier to entry with a minimum deposit of $250 (vs $50 at Startrader). Startrader charges withdrawal fees while afx group does not, giving afx group an edge for frequent withdrawers. Overall, Startrader scores higher on fees in our assessment.
| Feature | afx group | Startrader |
|---|---|---|
| Min. Deposit | $250 | $50 |
| Withdrawal Fees | No | Yes |
| Inactivity Fees | No | No |
| Deposit Fees | No | No |
| CFD Fees | Yes | Yes |
Platforms
afx group offers MT4, MT5, cTrader, while Startrader supports MT4, MT5, cTrader. afx group offers a mobile trading app; mobile availability for Startrader is limited. Startrader 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 | Startrader |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | No |
| Android App | Yes | No |
| Trading Platforms | MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps | MT4, MT5 and Web Trader |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how afx group and Startrader 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. Startrader scores higher overall in education and research.
| Feature | afx group | Startrader |
|---|---|---|
| Forex Education | No | Yes |
| CFD Education | Yes | Yes |
| Weekly Webinars | Yes | Yes |
| Daily Commentary | Yes | Yes |
| Trading Central | Yes | Yes |
| Autochartist | No | Yes |
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 Startrader supports 4 (bank transfer, credit/debit card, Skrill, Neteller). afx group uniquely supports PayPal among the two brokers. afx group scores higher on deposit and withdrawal flexibility.
| Feature | afx group | Startrader |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | Yes | No |
| 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 Startrader offer live chat support. Both provide phone support. Email support is available at both brokers. afx group supports 8 languages and Startrader supports 2, giving afx group broader global reach. Both brokers are comparable on support quality.
| Feature | afx group | Startrader |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic | English, Chinese |