Blitzbrokers
EverFX
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Overview
Blitzbrokers was founded in 1982 and is headquartered in Hong Kong, while EverFX was established in 2008 and is based in Cayman Islands. Blitzbrokers holds licences including Securities and Futures Commission (SFC), while EverFX is regulated by Cayman Islands Monetary Authority (CIMA) among others. Blitzbrokers serves 10,000+ clients worldwide; EverFX has 10,000+. The minimum deposit is $1 at Blitzbrokers and $10000 at EverFX.
| Feature | Blitzbrokers | EverFX |
|---|---|---|
| Min. Deposit | $1 | $10000 |
| Regulation | Securities and Futures Commission (SFC) | Cayman Islands Monetary Authority (CIMA) |
| Founded | 1982 | 2008 |
| Country | Hong Kong | Cayman Islands |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Blitzbrokers and EverFX, directly affecting your bottom line as a trader. Blitzbrokers has a lower barrier to entry with a minimum deposit of $1 (vs $10000 at EverFX). Neither broker charges withdrawal fees. EverFX charges deposit fees; Blitzbrokers does not. Overall, Blitzbrokers scores higher on fees in our assessment.
| Feature | Blitzbrokers | EverFX |
|---|---|---|
| Min. Deposit | $1 | $10000 |
| Withdrawal Fees | No | No |
| Inactivity Fees | No | No |
| Deposit Fees | No | Yes |
| CFD Fees | No | Yes |
Platforms
Blitzbrokers offers MT5, cTrader, while EverFX 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. EverFX edges ahead on platform breadth and functionality in our scoring.
| Feature | Blitzbrokers | EverFX |
|---|---|---|
| MT4 | No | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | Desktop,WEB,Android | MT4,iOS,MacBook,iPhone |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Blitzbrokers and EverFX compare. EverFX runs regular live webinars; Blitzbrokers does not. Both provide video tutorials. EverFX publishes daily market commentary; Blitzbrokers does not. Both integrate third-party research tools. EverFX maintains an archive of past webinars for on-demand viewing. EverFX scores higher overall in education and research.
| Feature | Blitzbrokers | EverFX |
|---|---|---|
| Forex Education | Yes | No |
| CFD Education | No | Yes |
| Weekly Webinars | No | Yes |
| Daily Commentary | No | Yes |
| Trading Central | No | Yes |
| Autochartist | Yes | No |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Blitzbrokers accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while EverFX supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.
| Feature | Blitzbrokers | EverFX |
|---|---|---|
| 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 Blitzbrokers and EverFX 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 | Blitzbrokers | EverFX |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |