B

Bailieu

6.3/10

Forex Club

7.1/10
7/10WinnerRegulation5/10
1/10FeesWinner8/10
7/10PlatformsWinner9/10
10/10Education & ResearchTied10/10
4/10Deposits & WithdrawalsTied4/10
10/10SupportTied10/10

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Overview

Bailieu was founded in 2012 and is headquartered in Australia, while Forex Club was established in 2008 and is based in Russia. Bailieu holds licences including Australian Securities and Investment Commission (ASIC), while Forex Club is regulated by Cyprus Securities and Exchange Commission (CySEC) among others. Bailieu serves 10,000+ clients worldwide; Forex Club has 10,000+. The minimum deposit is $10000 at Bailieu and $100 at Forex Club.

Forex Club wins this category
FeatureBailieuForex Club
Min. Deposit$10000$100
RegulationAustralian Securities and Investment Commission (ASIC)Cyprus Securities and Exchange Commission (CySEC)
Founded20122008
CountryAustraliaRussia
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between Bailieu and Forex Club, directly affecting your bottom line as a trader. Forex Club has a lower barrier to entry with a minimum deposit of $100 (vs $10000 at Bailieu). Neither broker charges withdrawal fees. Overall, Forex Club scores higher on fees in our assessment.

Forex Club wins this category
FeatureBailieuForex Club
Min. Deposit$10000$100
Withdrawal FeesNoNo
Inactivity FeesNoNo
Deposit FeesNoNo
CFD FeesNoNo

Platforms

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

Forex Club wins this category
FeatureBailieuForex Club
MT4NoYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsAndroid Apps,iPhone/iPad,DesktopMT4,WEB,desktop

Education & Research

Education and research tools help traders at every level make more informed decisions, and here's how Bailieu and Forex Club 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. The two brokers are evenly matched on educational content.

Tied
FeatureBailieuForex Club
Forex EducationYesYes
CFD EducationYesYes
Weekly WebinarsYesYes
Daily CommentaryYesYes
Trading CentralYesYes
AutochartistYesYes

Deposits & Withdrawals

Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Bailieu accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while Forex Club supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.

Tied
FeatureBailieuForex Club
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 Bailieu and Forex Club 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
FeatureBailieuForex Club
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, and Chinese