Baker Young Stockbrokers
ForexTB
BrokerDataNet earns affiliate commission from brokers listed on this site. This does not affect our ratings or editorial independence.
Overview
Baker Young Stockbrokers was founded in 2017 and is headquartered in Australia, while ForexTB was established in 2015 and is based in Cyprus. Baker Young Stockbrokers holds licences including Unregulated, while ForexTB is regulated by Cyprus Securities and Exchange Commission (CySEC) among others. Baker Young Stockbrokers serves 10,000+ clients worldwide; ForexTB has 5,000+. The minimum deposit is $200 at Baker Young Stockbrokers and $250 at ForexTB.
| Feature | Baker Young Stockbrokers | ForexTB |
|---|---|---|
| Min. Deposit | $200 | $250 |
| Regulation | Unregulated | Cyprus Securities and Exchange Commission (CySEC), CIF license number 272/15 |
| Founded | 2017 | 2015 |
| Country | Australia | Cyprus |
| Clients | 10,000+ | 5,000+ |
Fees
Fees are a critical factor when choosing between Baker Young Stockbrokers and ForexTB, directly affecting your bottom line as a trader. Baker Young Stockbrokers has a lower barrier to entry with a minimum deposit of $200 (vs $250 at ForexTB). Baker Young Stockbrokers charges withdrawal fees while ForexTB does not, a notable advantage for frequent withdrawers. Baker Young Stockbrokers charges deposit fees; ForexTB does not. Overall, Baker Young Stockbrokers scores higher on fees in our assessment.
| Feature | Baker Young Stockbrokers | ForexTB |
|---|---|---|
| Min. Deposit | $200 | $250 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | No | No |
| Deposit Fees | Yes | No |
| CFD Fees | Yes | No |
Platforms
Baker Young Stockbrokers offers MT4, MT5, cTrader, while ForexTB supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Baker Young Stockbrokers supports social and copy trading features, which ForexTB does not offer. The two brokers are closely matched on platform offering.
| Feature | Baker Young Stockbrokers | ForexTB |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | iPhone/iPad,iOS, | MT4, Web Trader, Tablet & 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 ForexTB compare. ForexTB runs regular live webinars; Baker Young Stockbrokers does not. ForexTB has a video library; Baker Young Stockbrokers does not. ForexTB publishes daily market commentary; Baker Young Stockbrokers does not. ForexTB integrates third-party research tools (Trading Central); Baker Young Stockbrokers does not. ForexTB maintains an archive of past webinars for on-demand viewing. ForexTB scores higher overall in education and research.
| Feature | Baker Young Stockbrokers | ForexTB |
|---|---|---|
| Forex Education | No | No |
| CFD Education | No | Yes |
| Weekly Webinars | No | Yes |
| Daily Commentary | No | Yes |
| Trading Central | No | Yes |
| Autochartist | No | No |
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 ForexTB supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.
| Feature | Baker Young Stockbrokers | ForexTB |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | No |
| Skrill | No | No |
| Neteller | No | No |
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 ForexTB 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.
| Feature | Baker Young Stockbrokers | ForexTB |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |