amarkets
ForexVox
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Overview
amarkets was founded in 2016 and is headquartered in United Kingdom, while ForexVox was established in 2019 and is based in UK. amarkets holds licences including Financial Conduct Authority (FCA), while ForexVox is regulated by Financial Conduct Authority (FCA) in the United Kingdom among others. amarkets serves 1,000,000+ clients worldwide; ForexVox has 10,000+. The minimum deposit is $250 at amarkets and $0 at ForexVox.
| Feature | amarkets | ForexVox |
|---|---|---|
| Min. Deposit | $250 | $0 |
| 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-F223 | Financial Conduct Authority (FCA) in the United Kingdom, FCA Register no: 586541, Financial Services Authority in Seychelles No: SD028 |
| Founded | 2016 | 2019 |
| Country | United Kingdom | UK |
| Clients | 1,000,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between amarkets and ForexVox, directly affecting your bottom line as a trader. ForexVox has a lower barrier to entry with a minimum deposit of $0 (vs $250 at amarkets). Both brokers charge withdrawal fees. amarkets charges deposit fees; ForexVox does not. Overall, ForexVox scores higher on fees in our assessment.
| Feature | amarkets | ForexVox |
|---|---|---|
| Min. Deposit | $250 | $0 |
| Withdrawal Fees | Yes | Yes |
| Inactivity Fees | No | No |
| Deposit Fees | Yes | No |
| CFD Fees | No | No |
Platforms
amarkets offers MT4, MT5, cTrader, while ForexVox supports MT4, MT5. Both brokers provide mobile trading apps for iOS and Android. ForexVox supports social and copy trading features, which amarkets does not offer. amarkets edges ahead on platform breadth and functionality in our scoring.
| Feature | amarkets | ForexVox |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | No |
| Windows App | Yes | Yes |
| iOS App | Yes | No |
| Android App | Yes | Yes |
| Trading Platforms | MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps | MT4, MT5 |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how amarkets and ForexVox compare. ForexVox runs regular live webinars; amarkets does not. Both provide video tutorials. ForexVox publishes daily market commentary; amarkets does not. amarkets integrates third-party research tools (Autochartist); ForexVox does not. ForexVox scores higher overall in education and research.
| Feature | amarkets | ForexVox |
|---|---|---|
| Forex Education | Yes | Yes |
| CFD Education | No | Yes |
| Weekly Webinars | No | Yes |
| Daily Commentary | No | Yes |
| Trading Central | No | No |
| Autochartist | Yes | No |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. amarkets accepts 5 of the tracked payment methods (bank transfer, credit/debit card, PayPal, Skrill, Neteller), while ForexVox supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). Both brokers support the same set of payment methods.
| Feature | amarkets | ForexVox |
|---|---|---|
| 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 amarkets and ForexVox offer live chat support. Both provide phone support. Email support is available at both brokers. amarkets supports 8 languages and ForexVox supports 4, giving amarkets broader global reach. Both brokers are comparable on support quality.
| Feature | amarkets | ForexVox |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic | English, Russian, Indonesian, Malaysian |