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Argonaut Securities logo

Argonaut Securities

8.4/10

GDMFX

5.6/10
7/10WinnerRegulation3/10
10/10WinnerFees6/10
9/10PlatformsTied9/10
10/10WinnerEducation & Research4/10
4/10Deposits & WithdrawalsTied4/10
10/10SupportTied10/10

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Overview

Argonaut Securities was founded in 2009 and is headquartered in Australia, while GDMFX was established in 2012 and is based in Anguilla. Argonaut Securities holds licences including Australian Securities Exchange (ASX), while GDMFX is regulated by Unregulated among others. Argonaut Securities serves 10,000+ clients worldwide; GDMFX has 10,000+. The minimum deposit is $1 at Argonaut Securities and $100 at GDMFX.

Argonaut Securities wins this category
FeatureArgonaut SecuritiesGDMFX
Min. Deposit$1$100
RegulationAustralian Securities Exchange (ASX), Australian Securities and Investment Commission (ASIC), Securities and Futures Ordinance (SFO), Securities and Futures Commission (SFC)Unregulated
Founded20092012
CountryAustraliaAnguilla
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between Argonaut Securities and GDMFX, directly affecting your bottom line as a trader. Argonaut Securities has a lower barrier to entry with a minimum deposit of $1 (vs $100 at GDMFX). Neither broker charges withdrawal fees. Argonaut Securities charges deposit fees; GDMFX does not. Overall, Argonaut Securities scores higher on fees in our assessment.

Argonaut Securities wins this category
FeatureArgonaut SecuritiesGDMFX
Min. Deposit$1$100
Withdrawal FeesNoNo
Inactivity FeesNoNo
Deposit FeesYesYes
CFD FeesNoYes

Platforms

Argonaut Securities offers MT4, MT5, cTrader, while GDMFX 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 SecuritiesGDMFX
MT4YesYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsAndroid,WEB,Desktop,iPhone,MacMT4, Web Trader, 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 GDMFX compare. Argonaut Securities runs regular live webinars; GDMFX does not. Both provide video tutorials. Argonaut Securities publishes daily market commentary; GDMFX 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 SecuritiesGDMFX
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 GDMFX supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.

Tied
FeatureArgonaut SecuritiesGDMFX
Bank TransferYesYes
Credit CardYesYes
PayPalNoNo
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 GDMFX offer live chat support. Both provide phone support. Email support is available at both brokers. Both brokers offer support in 2 languages. Both brokers are comparable on support quality.

Tied
FeatureArgonaut SecuritiesGDMFX
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, and Chinese