B

Bailieu

6.3/10

Forex Financial Services

5.2/10
7/10RegulationWinner8/10
1/10WinnerFees0/10
7/10PlatformsWinner9/10
10/10WinnerEducation & Research0/10
4/10Deposits & WithdrawalsTied4/10
10/10SupportTied10/10

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Overview

Bailieu was founded in 2012 and is headquartered in Australia, while Forex Financial Services was established in 2008 and is based in Australia. Bailieu holds licences including Australian Securities and Investment Commission (ASIC), while Forex Financial Services is regulated by Australian Securities and investment Commission (ASIC) among others. Bailieu serves 10,000+ clients worldwide; Forex Financial Services has 10,000+. The minimum deposit is $10000 at Bailieu and $2500 at Forex Financial Services.

Bailieu wins this category
FeatureBailieuForex Financial Services
Min. Deposit$10000$2500
RegulationAustralian Securities and Investment Commission (ASIC)Australian Securities and investment Commission (ASIC)
Founded20122008
CountryAustraliaAustralia
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between Bailieu and Forex Financial Services, directly affecting your bottom line as a trader. Bailieu has a lower barrier to entry with a minimum deposit of $10000 (vs $2500 at Forex Financial Services). Neither broker charges withdrawal fees. Forex Financial Services charges deposit fees; Bailieu does not. Overall, Bailieu scores higher on fees in our assessment.

Bailieu wins this category
FeatureBailieuForex Financial Services
Min. Deposit$10000$2500
Withdrawal FeesNoNo
Inactivity FeesNoNo
Deposit FeesNoYes
CFD FeesNoNo

Platforms

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

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

Education & Research

Education and research tools help traders at every level make more informed decisions, and here's how Bailieu and Forex Financial Services compare. Bailieu runs regular live webinars; Forex Financial Services does not. Bailieu has a video library; Forex Financial Services does not. Bailieu publishes daily market commentary; Forex Financial Services does not. Bailieu integrates third-party research tools (Trading Central, Autochartist); Forex Financial Services does not. Bailieu maintains an archive of past webinars for on-demand viewing. Bailieu scores higher overall in education and research.

Bailieu wins this category
FeatureBailieuForex Financial Services
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. Bailieu accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while Forex Financial Services supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.

Tied
FeatureBailieuForex Financial Services
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 Financial Services 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 Financial Services
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, and Chinese