B
AJ Bell logo

AJ Bell

5.9/10
fx open logo

fx open

8/10
5/10RegulationWinner10/10
8/10WinnerFees1/10
7/10PlatformsWinner9/10
0/10Education & ResearchWinner6/10
4/10Deposits & WithdrawalsWinner10/10
10/10SupportTied10/10

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Overview

AJ Bell was founded in 1997 and is headquartered in UK, while fx open was established in 2019 and is based in Puerto Rico. AJ Bell holds licences including Central Bank of UAE, while fx open is regulated by Financial Conduct Authority (FCA) among others. AJ Bell serves 10,000+ clients worldwide; fx open has 60,000+. The minimum deposit is $100 at AJ Bell and $250 at fx open.

fx open wins this category
FeatureAJ Bellfx open
Min. Deposit$100$250
RegulationCentral Bank of UAEFinancial 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-F238
Founded19972019
CountryUKPuerto Rico
Clients10,000+60,000+

Fees

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

AJ Bell wins this category
FeatureAJ Bellfx open
Min. Deposit$100$250
Withdrawal FeesNoNo
Inactivity FeesNoNo
Deposit FeesNoNo
CFD FeesNoNo

Platforms

AJ Bell offers MT5, cTrader, while fx open supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. fx open edges ahead on platform breadth and functionality in our scoring.

fx open wins this category
FeatureAJ Bellfx open
MT4NoYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsDesktop,Android,iPhone,MacMT4, 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 AJ Bell and fx open compare. fx open runs regular live webinars; AJ Bell does not. fx open has a video library; AJ Bell does not. fx open publishes daily market commentary; AJ Bell does not. fx open integrates third-party research tools (Trading Central); AJ Bell does not. fx open maintains an archive of past webinars for on-demand viewing. fx open scores higher overall in education and research.

fx open wins this category
FeatureAJ Bellfx open
Forex EducationNoNo
CFD EducationNoYes
Weekly WebinarsNoYes
Daily CommentaryNoYes
Trading CentralNoYes
AutochartistNoNo

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

fx open wins this category
FeatureAJ Bellfx open
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 AJ Bell and fx open offer live chat support. Both provide phone support. Email support is available at both brokers. AJ Bell supports 2 languages and fx open supports 8, giving fx open broader global reach. Both brokers are comparable on support quality.

Tied
FeatureAJ Bellfx open
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic