B

Bailieu

6.3/10
fx choice logo

fx choice

7.9/10
7/10RegulationWinner10/10
1/10WinnerFees0/10
7/10PlatformsWinner9/10
10/10WinnerEducation & Research6/10
4/10Deposits & WithdrawalsWinner10/10
10/10SupportTied10/10

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Overview

Bailieu was founded in 2012 and is headquartered in Australia, while fx choice was established in 2016 and is based in Australia. Bailieu holds licences including Australian Securities and Investment Commission (ASIC), while fx choice is regulated by Financial Conduct Authority (FCA) among others. Bailieu serves 10,000+ clients worldwide; fx choice has 10,000+. The minimum deposit is $10000 at Bailieu and $250 at fx choice.

fx choice wins this category
FeatureBailieufx choice
Min. Deposit$10000$250
RegulationAustralian Securities and Investment Commission (ASIC)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-F235
Founded20122016
CountryAustraliaAustralia
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between Bailieu and fx choice, directly affecting your bottom line as a trader. Bailieu has a lower barrier to entry with a minimum deposit of $10000 (vs $250 at fx choice). Neither broker charges withdrawal fees. fx choice applies inactivity fees on dormant accounts; Bailieu does not. Overall, Bailieu scores higher on fees in our assessment.

Bailieu wins this category
FeatureBailieufx choice
Min. Deposit$10000$250
Withdrawal FeesNoNo
Inactivity FeesNoYes
Deposit FeesNoNo
CFD FeesNoNo

Platforms

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

fx choice wins this category
FeatureBailieufx choice
MT4NoYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsAndroid Apps,iPhone/iPad,DesktopMT4, 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 Bailieu and fx choice 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. Bailieu scores higher overall in education and research.

Bailieu wins this category
FeatureBailieufx choice
Forex EducationYesNo
CFD EducationYesYes
Weekly WebinarsYesYes
Daily CommentaryYesYes
Trading CentralYesYes
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 fx choice supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). fx choice uniquely supports PayPal and Skrill and Neteller among the two brokers. fx choice scores higher on deposit and withdrawal flexibility.

fx choice wins this category
FeatureBailieufx choice
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 Bailieu and fx choice offer live chat support. Both provide phone support. Email support is available at both brokers. Bailieu supports 2 languages and fx choice supports 8, giving fx choice broader global reach. Both brokers are comparable on support quality.

Tied
FeatureBailieufx choice
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic