B

Bailieu

6.3/10
USAA logo

USAA

7.8/10
7/10RegulationTied7/10
1/10FeesWinner10/10
7/10PlatformsWinner9/10
10/10WinnerEducation & Research6/10
4/10Deposits & WithdrawalsTied4/10
10/10SupportTied10/10

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Overview

Bailieu was founded in 2012 and is headquartered in Australia, while USAA was established in 2008 and is based in United States. Bailieu holds licences including Australian Securities and Investment Commission (ASIC), while USAA is regulated by Financial Conduct Authority (FCA) among others. Bailieu serves 10,000+ clients worldwide; USAA has 10,000+. The minimum deposit is $10000 at Bailieu and $25 at USAA.

USAA wins this category
FeatureBailieuUSAA
Min. Deposit$10000$25
RegulationAustralian Securities and Investment Commission (ASIC)Financial Conduct Authority (FCA), The Prudential Regulation Authority (PRA)
Founded20122008
CountryAustraliaUnited States
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between Bailieu and USAA, directly affecting your bottom line as a trader. Bailieu has a lower barrier to entry with a minimum deposit of $10000 (vs $25 at USAA). USAA charges withdrawal fees while Bailieu does not, giving Bailieu an edge for frequent withdrawers. USAA charges deposit fees; Bailieu does not. Overall, USAA scores higher on fees in our assessment.

USAA wins this category
FeatureBailieuUSAA
Min. Deposit$10000$25
Withdrawal FeesNoYes
Inactivity FeesNoNo
Deposit FeesNoYes
CFD FeesNoNo

Platforms

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

USAA wins this category
FeatureBailieuUSAA
MT4NoYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsAndroid Apps,iPhone/iPad,DesktopMT4 ,Android,iPhone,Mac

Education & Research

Education and research tools help traders at every level make more informed decisions, and here's how Bailieu and USAA 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
FeatureBailieuUSAA
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 USAA supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.

Tied
FeatureBailieuUSAA
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 USAA 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
FeatureBailieuUSAA
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, and Chinese