B
Baker Young Stockbrokers logo

Baker Young Stockbrokers

5.2/10
fxglobe logo

fxglobe

7.9/10
3/10RegulationWinner10/10
4/10WinnerFees0/10
9/10PlatformsTied9/10
0/10Education & ResearchWinner6/10
4/10Deposits & WithdrawalsWinner10/10
10/10SupportTied10/10

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Overview

Baker Young Stockbrokers was founded in 2017 and is headquartered in Australia, while fxglobe was established in 2012 and is based in Malta. Baker Young Stockbrokers holds licences including Unregulated, while fxglobe is regulated by Financial Conduct Authority (FCA) among others. Baker Young Stockbrokers serves 10,000+ clients worldwide; fxglobe has 10,000+. The minimum deposit is $200 at Baker Young Stockbrokers and $250 at fxglobe.

fxglobe wins this category
FeatureBaker Young Stockbrokersfxglobe
Min. Deposit$200$250
RegulationUnregulatedFinancial 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-F243
Founded20172012
CountryAustraliaMalta
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between Baker Young Stockbrokers and fxglobe, 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 fxglobe). Both brokers charge withdrawal fees. fxglobe applies inactivity fees on dormant accounts; Baker Young Stockbrokers does not. Baker Young Stockbrokers charges deposit fees; fxglobe does not. Overall, Baker Young Stockbrokers scores higher on fees in our assessment.

Baker Young Stockbrokers wins this category
FeatureBaker Young Stockbrokersfxglobe
Min. Deposit$200$250
Withdrawal FeesYesYes
Inactivity FeesNoYes
Deposit FeesYesNo
CFD FeesYesNo

Platforms

Baker Young Stockbrokers offers MT4, MT5, cTrader, while fxglobe supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Baker Young Stockbrokers supports social and copy trading features, which fxglobe does not offer. The two brokers are closely matched on platform offering.

Tied
FeatureBaker Young Stockbrokersfxglobe
MT4YesYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsiPhone/iPad,iOS,MT4, 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 Baker Young Stockbrokers and fxglobe compare. fxglobe runs regular live webinars; Baker Young Stockbrokers does not. fxglobe has a video library; Baker Young Stockbrokers does not. fxglobe publishes daily market commentary; Baker Young Stockbrokers does not. fxglobe integrates third-party research tools (Trading Central); Baker Young Stockbrokers does not. fxglobe maintains an archive of past webinars for on-demand viewing. fxglobe scores higher overall in education and research.

fxglobe wins this category
FeatureBaker Young Stockbrokersfxglobe
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 fxglobe supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). fxglobe uniquely supports PayPal and Skrill and Neteller among the two brokers. fxglobe scores higher on deposit and withdrawal flexibility.

fxglobe wins this category
FeatureBaker Young Stockbrokersfxglobe
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 Baker Young Stockbrokers and fxglobe offer live chat support. Both provide phone support. Email support is available at both brokers. Baker Young Stockbrokers supports 2 languages and fxglobe supports 8, giving fxglobe broader global reach. Both brokers are comparable on support quality.

Tied
FeatureBaker Young Stockbrokersfxglobe
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic