Barclays
Forex EE
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Overview
Barclays was founded in 2011 and is headquartered in United Kingdom, while Forex EE was established in 2008 and is based in Grenadines. Barclays holds licences including Financial Conduct Authority (FCA), while Forex EE is regulated by Ministry of Economic Affairs in Estonia among others. Barclays serves 10,000+ clients worldwide; Forex EE has 10,000+. The minimum deposit is $0 at Barclays and $100 at Forex EE.
| Feature | Barclays | Forex EE |
|---|---|---|
| Min. Deposit | $0 | $100 |
| Regulation | Financial Conduct Authority (FCA), Prudential Regulation Authority (PRA) | Ministry of Economic Affairs in Estonia |
| Founded | 2011 | 2008 |
| Country | United Kingdom | Grenadines |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Barclays and Forex EE, directly affecting your bottom line as a trader. Barclays has a lower barrier to entry with a minimum deposit of $0 (vs $100 at Forex EE). Forex EE charges withdrawal fees while Barclays does not, giving Barclays an edge for frequent withdrawers. Overall, Barclays scores higher on fees in our assessment.
| Feature | Barclays | Forex EE |
|---|---|---|
| Min. Deposit | $0 | $100 |
| Withdrawal Fees | No | Yes |
| Inactivity Fees | No | No |
| Deposit Fees | No | No |
| CFD Fees | No | No |
Platforms
Barclays offers MT4, MT5, cTrader, while Forex EE supports MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Barclays edges ahead on platform breadth and functionality in our scoring.
| Feature | Barclays | Forex EE |
|---|---|---|
| MT4 | Yes | No |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | Desktop, Tablet & Mobile apps | MetaTrader 4 |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Barclays and Forex EE compare. Barclays runs regular live webinars; Forex EE does not. Both provide video tutorials. Barclays publishes daily market commentary; Forex EE does not. Both integrate third-party research tools. Barclays maintains an archive of past webinars for on-demand viewing. Barclays scores higher overall in education and research.
| Feature | Barclays | Forex EE |
|---|---|---|
| Forex Education | Yes | Yes |
| CFD Education | Yes | No |
| Weekly Webinars | Yes | No |
| Daily Commentary | Yes | No |
| Trading Central | Yes | No |
| Autochartist | Yes | Yes |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Barclays accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while Forex EE supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.
| Feature | Barclays | Forex EE |
|---|---|---|
| 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 Barclays and Forex EE 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 | Barclays | Forex EE |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |