AJ Bell
ForexMart
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Overview
AJ Bell was founded in 1997 and is headquartered in UK, while ForexMart was established in 2015 and is based in Cyprus. AJ Bell holds licences including Central Bank of UAE, while ForexMart is regulated by Cyprus Securities and Exchange Commission (CySEC) among others. AJ Bell serves 10,000+ clients worldwide; ForexMart has 10,000+. The minimum deposit is $100 at AJ Bell and $1 at ForexMart.
| Feature | AJ Bell | ForexMart |
|---|---|---|
| Min. Deposit | $100 | $1 |
| Regulation | Central Bank of UAE | Cyprus Securities and Exchange Commission (CySEC) |
| Founded | 1997 | 2015 |
| Country | UK | Cyprus |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between AJ Bell and ForexMart, directly affecting your bottom line as a trader. ForexMart has a lower barrier to entry with a minimum deposit of $1 (vs $100 at AJ Bell). ForexMart charges withdrawal fees while AJ Bell does not, giving AJ Bell an edge for frequent withdrawers. ForexMart charges deposit fees; AJ Bell does not. Overall, ForexMart scores higher on fees in our assessment.
| Feature | AJ Bell | ForexMart |
|---|---|---|
| Min. Deposit | $100 | $1 |
| Withdrawal Fees | No | Yes |
| Inactivity Fees | No | No |
| Deposit Fees | No | Yes |
| CFD Fees | No | Yes |
Platforms
AJ Bell offers MT5, cTrader, while ForexMart supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. ForexMart supports social and copy trading features, which AJ Bell does not offer. ForexMart edges ahead on platform breadth and functionality in our scoring.
| Feature | AJ Bell | ForexMart |
|---|---|---|
| MT4 | No | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | Desktop,Android,iPhone,Mac | MT4, WEB, desktop |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how AJ Bell and ForexMart compare. ForexMart runs regular live webinars; AJ Bell does not. ForexMart has a video library; AJ Bell does not. ForexMart publishes daily market commentary; AJ Bell does not. ForexMart integrates third-party research tools (Trading Central, Autochartist); AJ Bell does not. ForexMart maintains an archive of past webinars for on-demand viewing. ForexMart scores higher overall in education and research.
| Feature | AJ Bell | ForexMart |
|---|---|---|
| Forex Education | No | Yes |
| CFD Education | No | Yes |
| Weekly Webinars | No | Yes |
| Daily Commentary | No | Yes |
| Trading Central | No | Yes |
| Autochartist | No | Yes |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. AJ Bell accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while ForexMart supports 4 (bank transfer, credit/debit card, Skrill, Neteller). ForexMart uniquely supports Skrill and Neteller among the two brokers. ForexMart scores higher on deposit and withdrawal flexibility.
| Feature | AJ Bell | ForexMart |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | No |
| 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 AJ Bell and ForexMart offer live chat support. Both provide phone support. Email support is available at both brokers. AJ Bell supports 2 languages and ForexMart supports 15, giving ForexMart broader global reach. Both brokers are comparable on support quality.
| Feature | AJ Bell | ForexMart |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian,Hindi, Hebrew, Arabic, Russian |