B

Blitzbrokers

6.3/10

Forex Euroclub

6.3/10
5/10RegulationTied5/10
10/10WinnerFees8/10
7/10PlatformsWinner9/10
4/10Education & ResearchTied4/10
4/10Deposits & WithdrawalsTied4/10
10/10SupportTied10/10

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Overview

Blitzbrokers was founded in 1982 and is headquartered in Hong Kong, while Forex Euroclub was established in 2008 and is based in Russia. Blitzbrokers holds licences including Securities and Futures Commission (SFC), while Forex Euroclub is regulated by Unregulated among others. Blitzbrokers serves 10,000+ clients worldwide; Forex Euroclub has 10,000+. The minimum deposit is $1 at Blitzbrokers and $100 at Forex Euroclub.

Tied
FeatureBlitzbrokersForex Euroclub
Min. Deposit$1$100
RegulationSecurities and Futures Commission (SFC)Unregulated
Founded19822008
CountryHong KongRussia
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between Blitzbrokers and Forex Euroclub, directly affecting your bottom line as a trader. Blitzbrokers has a lower barrier to entry with a minimum deposit of $1 (vs $100 at Forex Euroclub). Neither broker charges withdrawal fees. Overall, Blitzbrokers scores higher on fees in our assessment.

Blitzbrokers wins this category
FeatureBlitzbrokersForex Euroclub
Min. Deposit$1$100
Withdrawal FeesNoNo
Inactivity FeesNoNo
Deposit FeesNoNo
CFD FeesNoNo

Platforms

Blitzbrokers offers MT5, cTrader, while Forex Euroclub supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Blitzbrokers supports social and copy trading features, which Forex Euroclub does not offer. Forex Euroclub edges ahead on platform breadth and functionality in our scoring.

Forex Euroclub wins this category
FeatureBlitzbrokersForex Euroclub
MT4NoYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsDesktop,WEB,AndroidMT4,WEB,iPhone,Mac

Education & Research

Education and research tools help traders at every level make more informed decisions, and here's how Blitzbrokers and Forex Euroclub compare. Both provide video tutorials. Both integrate third-party research tools. The two brokers are evenly matched on educational content.

Tied
FeatureBlitzbrokersForex Euroclub
Forex EducationYesYes
CFD EducationNoNo
Weekly WebinarsNoNo
Daily CommentaryNoNo
Trading CentralNoNo
AutochartistYesYes

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 Forex Euroclub supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.

Tied
FeatureBlitzbrokersForex Euroclub
Bank TransferYesYes
Credit CardYesYes
PayPalNoNo
SkrillNoNo
NetellerNoNo

Support

Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both Blitzbrokers and Forex Euroclub 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.

Tied
FeatureBlitzbrokersForex Euroclub
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, and Chinese