B
Argonaut Securities logo

Argonaut Securities

8.4/10
Forex.com logo

Forex.com

7.4/10
7/10RegulationWinner10/10
10/10WinnerFees0/10
9/10PlatformsTied9/10
10/10WinnerEducation & Research6/10
4/10Deposits & WithdrawalsWinner6.5/10
10/10SupportTied10/10

BrokerDataNet earns affiliate commission from brokers listed on this site. This does not affect our ratings or editorial independence.

Overview

Argonaut Securities was founded in 2009 and is headquartered in Australia, while Forex.com was established in 2001 and is based in United States. Argonaut Securities holds licences including Australian Securities Exchange (ASX), while Forex.com is regulated by Financial Conduct Authority (FCA) among others. Argonaut Securities serves 10,000+ clients worldwide; Forex.com has 150,000+. The minimum deposit is $1 at Argonaut Securities and Typical at Forex.com.

Argonaut Securities wins this category
FeatureArgonaut SecuritiesForex.com
Min. Deposit$1Typical
RegulationAustralian Securities Exchange (ASX), Australian Securities and Investment Commission (ASIC), Securities and Futures Ordinance (SFO), Securities and Futures Commission (SFC)Financial Conduct Authority (FCA), Cayman Islands Monetary Authority (CIMA), Investment Industry Regulatory Organization of Canada (IIROC), National Futures Association (NFA)
Founded20092001
CountryAustraliaUnited States
Clients10,000+150,000+

Fees

Fees are a critical factor when choosing between Argonaut Securities and Forex.com, directly affecting your bottom line as a trader. Argonaut Securities has a lower barrier to entry with a minimum deposit of $1 (vs Typical at Forex.com). Forex.com charges withdrawal fees while Argonaut Securities does not, giving Argonaut Securities an edge for frequent withdrawers. Forex.com applies inactivity fees on dormant accounts; Argonaut Securities does not. Argonaut Securities charges deposit fees; Forex.com does not. Overall, Argonaut Securities scores higher on fees in our assessment.

Argonaut Securities wins this category
FeatureArgonaut SecuritiesForex.com
Min. Deposit$1Typical
Withdrawal FeesNoYes
Inactivity FeesNoYes
Deposit FeesYesYes
CFD FeesNoYes

Platforms

Argonaut Securities offers MT4, MT5, cTrader, while Forex.com supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Both brokers support copy or social trading, catering to less hands-on investors. The two brokers are closely matched on platform offering.

Tied
FeatureArgonaut SecuritiesForex.com
MT4YesYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsAndroid,WEB,Desktop,iPhone,MacMT4, MT5, WebTrader, Advantage Trader Pro, TradingView, Tablet and mobile apps

Education & Research

Education and research tools help traders at every level make more informed decisions, and here's how Argonaut Securities and Forex.com 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. Argonaut Securities scores higher overall in education and research.

Argonaut Securities wins this category
FeatureArgonaut SecuritiesForex.com
Forex EducationYesNo
CFD EducationYesYes
Weekly WebinarsYesYes
Daily CommentaryYesYes
Trading CentralYesYes
AutochartistYesNo

Deposits & Withdrawals

Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Argonaut Securities accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while Forex.com supports 3 (bank transfer, credit/debit card, PayPal). Forex.com uniquely supports PayPal among the two brokers. Forex.com scores higher on deposit and withdrawal flexibility.

Forex.com wins this category
FeatureArgonaut SecuritiesForex.com
Bank TransferYesYes
Credit CardYesYes
PayPalNoYes
SkrillNoNo
NetellerNoNo

Support

Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both Argonaut Securities and Forex.com offer live chat support. Both provide phone support. Email support is available at both brokers. Argonaut Securities supports 2 languages and Forex.com supports 3, giving Forex.com broader global reach. Both brokers are comparable on support quality.

Tied
FeatureArgonaut SecuritiesForex.com
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, Chinese, Arabic