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Argonaut Securities logo

Argonaut Securities

8.4/10
fx private logo

fx private

7.3/10
7/10RegulationWinner10/10
10/10WinnerFees0/10
9/10WinnerPlatforms7/10
10/10WinnerEducation & Research4/10
4/10Deposits & WithdrawalsWinner10/10
10/10SupportTied10/10

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Overview

Argonaut Securities was founded in 2009 and is headquartered in Australia, while fx private was established in 2020 and is based in USA. Argonaut Securities holds licences including Australian Securities Exchange (ASX), while fx private is regulated by Financial Conduct Authority (FCA) among others. Argonaut Securities serves 10,000+ clients worldwide; fx private has 12,000,000+. The minimum deposit is $1 at Argonaut Securities and $250 at fx private.

Argonaut Securities wins this category
FeatureArgonaut Securitiesfx private
Min. Deposit$1$250
RegulationAustralian Securities Exchange (ASX), Australian Securities and Investment Commission (ASIC), Securities and Futures Ordinance (SFO), Securities and Futures Commission (SFC)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-F239
Founded20092020
CountryAustraliaUSA
Clients10,000+12,000,000+

Fees

Fees are a critical factor when choosing between Argonaut Securities and fx private, directly affecting your bottom line as a trader. Argonaut Securities has a lower barrier to entry with a minimum deposit of $1 (vs $250 at fx private). fx private charges withdrawal fees while Argonaut Securities does not, giving Argonaut Securities an edge for frequent withdrawers. Argonaut Securities charges deposit fees; fx private does not. Overall, Argonaut Securities scores higher on fees in our assessment.

Argonaut Securities wins this category
FeatureArgonaut Securitiesfx private
Min. Deposit$1$250
Withdrawal FeesNoYes
Inactivity FeesNoNo
Deposit FeesYesNo
CFD FeesNoNo

Platforms

Argonaut Securities offers MT4, MT5, cTrader, while fx private supports MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Argonaut Securities supports social and copy trading features, which fx private does not offer. Argonaut Securities edges ahead on platform breadth and functionality in our scoring.

Argonaut Securities wins this category
FeatureArgonaut Securitiesfx private
MT4YesNo
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsAndroid,WEB,Desktop,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 Argonaut Securities and fx private compare. Argonaut Securities runs regular live webinars; fx private does not. Both provide video tutorials. Argonaut Securities publishes daily market commentary; fx private does not. Both integrate third-party research tools. Argonaut Securities maintains an archive of past webinars for on-demand viewing. Argonaut Securities scores higher overall in education and research.

Argonaut Securities wins this category
FeatureArgonaut Securitiesfx private
Forex EducationYesYes
CFD EducationYesNo
Weekly WebinarsYesNo
Daily CommentaryYesNo
Trading CentralYesNo
AutochartistYesYes

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

fx private wins this category
FeatureArgonaut Securitiesfx private
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 Argonaut Securities and fx private offer live chat support. Both provide phone support. Email support is available at both brokers. Argonaut Securities supports 2 languages and fx private supports 8, giving fx private broader global reach. Both brokers are comparable on support quality.

Tied
FeatureArgonaut Securitiesfx private
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic