B
Argonaut Securities logo

Argonaut Securities

8.4/10
Xtrade logo

Xtrade

6.6/10
7/10RegulationWinner8/10
10/10FeesTied10/10
9/10PlatformsTied9/10
10/10WinnerEducation & Research0/10
4/10WinnerDeposits & Withdrawals0/10
10/10SupportTied10/10

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Overview

Argonaut Securities was founded in 2009 and is headquartered in Australia, while Xtrade was established in 2003 and is based in Australia. Argonaut Securities holds licences including Australian Securities Exchange (ASX), while Xtrade is regulated by Cyprus Securities and Exchange Commission (CySEC) among others. Argonaut Securities serves 10,000+ clients worldwide; Xtrade has 10,000+. Both brokers share the same minimum deposit of $1.

Argonaut Securities wins this category
FeatureArgonaut SecuritiesXtrade
Min. Deposit$1$1
RegulationAustralian Securities Exchange (ASX), Australian Securities and Investment Commission (ASIC), Securities and Futures Ordinance (SFO), Securities and Futures Commission (SFC)Cyprus Securities and Exchange Commission (CySEC)
Founded20092003
CountryAustraliaAustralia
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between Argonaut Securities and Xtrade, directly affecting your bottom line as a trader. Both require a minimum deposit of $1. Neither broker charges withdrawal fees. Argonaut Securities charges deposit fees; Xtrade does not. The two brokers are broadly comparable on fee structure.

Tied
FeatureArgonaut SecuritiesXtrade
Min. Deposit$1$1
Withdrawal FeesNoNo
Inactivity FeesNoNo
Deposit FeesYesYes
CFD FeesNoYes

Platforms

Argonaut Securities offers MT4, MT5, cTrader, while Xtrade supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Argonaut Securities supports social and copy trading features, which Xtrade does not offer. The two brokers are closely matched on platform offering.

Tied
FeatureArgonaut SecuritiesXtrade
MT4YesYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsAndroid,WEB,Desktop,iPhone,MacNot available

Education & Research

Education and research tools help traders at every level make more informed decisions, and here's how Argonaut Securities and Xtrade compare. Argonaut Securities runs regular live webinars; Xtrade does not. Argonaut Securities has a video library; Xtrade does not. Argonaut Securities publishes daily market commentary; Xtrade does not. Argonaut Securities integrates third-party research tools (Trading Central, Autochartist); Xtrade does not. 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 SecuritiesXtrade
Forex EducationYesNo
CFD EducationYesNo
Weekly WebinarsYesNo
Daily CommentaryYesNo
Trading CentralYesNo
AutochartistYesNo

Deposits & Withdrawals

Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Argonaut Securities uniquely supports bank transfer and credit/debit card among the two brokers. Argonaut Securities scores higher on deposit and withdrawal flexibility.

Argonaut Securities wins this category
FeatureArgonaut SecuritiesXtrade
Bank TransferYesNot available
Credit CardYesNot available
PayPalNoNot available
SkrillNoNot available
NetellerNoNot available

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 Xtrade offer live chat support. Both provide phone support. Email support is available at both brokers. Argonaut Securities offers multilingual support. Both brokers are comparable on support quality.

Tied
FeatureArgonaut SecuritiesXtrade
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseNot available