B
Baker Young Stockbrokers logo

Baker Young Stockbrokers

5.2/10
Forex.com logo

Forex.com

7.4/10
3/10RegulationWinner10/10
4/10WinnerFees0/10
9/10PlatformsTied9/10
0/10Education & ResearchWinner6/10
4/10Deposits & WithdrawalsWinner6.5/10
10/10SupportTied10/10

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Overview

Baker Young Stockbrokers was founded in 2017 and is headquartered in Australia, while Forex.com was established in 2001 and is based in United States. Baker Young Stockbrokers holds licences including Unregulated, while Forex.com is regulated by Financial Conduct Authority (FCA) among others. Baker Young Stockbrokers serves 10,000+ clients worldwide; Forex.com has 150,000+. The minimum deposit is $200 at Baker Young Stockbrokers and Typical at Forex.com.

Forex.com wins this category
FeatureBaker Young StockbrokersForex.com
Min. Deposit$200Typical
RegulationUnregulatedFinancial Conduct Authority (FCA), Cayman Islands Monetary Authority (CIMA), Investment Industry Regulatory Organization of Canada (IIROC), National Futures Association (NFA)
Founded20172001
CountryAustraliaUnited States
Clients10,000+150,000+

Fees

Fees are a critical factor when choosing between Baker Young Stockbrokers and Forex.com, directly affecting your bottom line as a trader. Baker Young Stockbrokers has a lower barrier to entry with a minimum deposit of $200 (vs Typical at Forex.com). Both brokers charge withdrawal fees. Forex.com applies inactivity fees on dormant accounts; Baker Young Stockbrokers does not. Baker Young Stockbrokers charges deposit fees; Forex.com does not. Overall, Baker Young Stockbrokers scores higher on fees in our assessment.

Baker Young Stockbrokers wins this category
FeatureBaker Young StockbrokersForex.com
Min. Deposit$200Typical
Withdrawal FeesYesYes
Inactivity FeesNoYes
Deposit FeesYesYes
CFD FeesYesYes

Platforms

Baker Young Stockbrokers offers MT4, MT5, cTrader, while Forex.com supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Both brokers support copy or social trading, catering to less hands-on investors. The two brokers are closely matched on platform offering.

Tied
FeatureBaker Young StockbrokersForex.com
MT4YesYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsiPhone/iPad,iOS,MT4, MT5, WebTrader, Advantage Trader Pro, TradingView, Tablet and mobile apps

Education & Research

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

Forex.com wins this category
FeatureBaker Young StockbrokersForex.com
Forex EducationNoNo
CFD EducationNoYes
Weekly WebinarsNoYes
Daily CommentaryNoYes
Trading CentralNoYes
AutochartistNoNo

Deposits & Withdrawals

Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Baker Young Stockbrokers accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while Forex.com supports 3 (bank transfer, credit/debit card, PayPal). Forex.com uniquely supports PayPal among the two brokers. Forex.com scores higher on deposit and withdrawal flexibility.

Forex.com wins this category
FeatureBaker Young StockbrokersForex.com
Bank TransferYesYes
Credit CardYesYes
PayPalNoYes
SkrillNoNo
NetellerNoNo

Support

Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both Baker Young Stockbrokers and Forex.com offer live chat support. Both provide phone support. Email support is available at both brokers. Baker Young Stockbrokers supports 2 languages and Forex.com supports 3, giving Forex.com broader global reach. Both brokers are comparable on support quality.

Tied
FeatureBaker Young StockbrokersForex.com
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, Chinese, Arabic