B
Argonaut Securities logo

Argonaut Securities

8.4/10
gcm forex logo

gcm forex

7.6/10
7/10RegulationWinner10/10
10/10WinnerFees0/10
9/10PlatformsTied9/10
10/10WinnerEducation & Research4/10
4/10Deposits & WithdrawalsWinner10/10
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 gcm forex was established in 2017 and is based in USA. Argonaut Securities holds licences including Australian Securities Exchange (ASX), while gcm forex is regulated by Financial Conduct Authority (FCA) among others. Argonaut Securities serves 10,000+ clients worldwide; gcm forex has 142,500+. The minimum deposit is $1 at Argonaut Securities and $250 at gcm forex.

Argonaut Securities wins this category
FeatureArgonaut Securitiesgcm forex
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-F248
Founded20092017
CountryAustraliaUSA
Clients10,000+142,500+

Fees

Fees are a critical factor when choosing between Argonaut Securities and gcm forex, 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 gcm forex). gcm forex charges withdrawal fees while Argonaut Securities does not, giving Argonaut Securities an edge for frequent withdrawers. Argonaut Securities charges deposit fees; gcm forex does not. Overall, Argonaut Securities scores higher on fees in our assessment.

Argonaut Securities wins this category
FeatureArgonaut Securitiesgcm forex
Min. Deposit$1$250
Withdrawal FeesNoYes
Inactivity FeesNoNo
Deposit FeesYesYes
CFD FeesNoYes

Platforms

Argonaut Securities offers MT4, MT5, cTrader, while gcm forex 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 Securitiesgcm forex
MT4YesYes
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 gcm forex compare. Argonaut Securities runs regular live webinars; gcm forex does not. Both provide video tutorials. Argonaut Securities publishes daily market commentary; gcm forex 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 Securitiesgcm forex
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 gcm forex supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). gcm forex uniquely supports PayPal and Skrill and Neteller among the two brokers. gcm forex scores higher on deposit and withdrawal flexibility.

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

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