B

Blitzbrokers

6.3/10

ord minnett limited

7.9/10
5/10RegulationWinner10/10
10/10WinnerFees1/10
7/10PlatformsWinner9/10
4/10Education & ResearchWinner6/10
4/10Deposits & WithdrawalsWinner10/10
10/10SupportTied10/10

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Overview

Blitzbrokers was founded in 1982 and is headquartered in Hong Kong, while ord minnett limited was established in 2013 and is based in Australia. Blitzbrokers holds licences including Securities and Futures Commission (SFC), while ord minnett limited is regulated by Financial Conduct Authority (FCA) among others. Blitzbrokers serves 10,000+ clients worldwide; ord minnett limited has 10,000+. The minimum deposit is $1 at Blitzbrokers and $250 at ord minnett limited.

ord minnett limited wins this category
FeatureBlitzbrokersord minnett limited
Min. Deposit$1$250
RegulationSecurities and Futures Commission (SFC)Financial 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-F292
Founded19822013
CountryHong KongAustralia
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between Blitzbrokers and ord minnett limited, directly affecting your bottom line as a trader. Blitzbrokers has a lower barrier to entry with a minimum deposit of $1 (vs $250 at ord minnett limited). Neither broker charges withdrawal fees. Overall, Blitzbrokers scores higher on fees in our assessment.

Blitzbrokers wins this category
FeatureBlitzbrokersord minnett limited
Min. Deposit$1$250
Withdrawal FeesNoNo
Inactivity FeesNoNo
Deposit FeesNoNo
CFD FeesNoNo

Platforms

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

ord minnett limited wins this category
FeatureBlitzbrokersord minnett limited
MT4NoYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsDesktop,WEB,AndroidMT4, 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 Blitzbrokers and ord minnett limited compare. ord minnett limited runs regular live webinars; Blitzbrokers does not. Both provide video tutorials. ord minnett limited publishes daily market commentary; Blitzbrokers does not. Both integrate third-party research tools. ord minnett limited maintains an archive of past webinars for on-demand viewing. ord minnett limited scores higher overall in education and research.

ord minnett limited wins this category
FeatureBlitzbrokersord minnett limited
Forex EducationYesNo
CFD EducationNoYes
Weekly WebinarsNoYes
Daily CommentaryNoYes
Trading CentralNoYes
AutochartistYesNo

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 ord minnett limited supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). ord minnett limited uniquely supports PayPal and Skrill and Neteller among the two brokers. ord minnett limited scores higher on deposit and withdrawal flexibility.

ord minnett limited wins this category
FeatureBlitzbrokersord minnett limited
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 Blitzbrokers and ord minnett limited offer live chat support. Both provide phone support. Email support is available at both brokers. Blitzbrokers supports 2 languages and ord minnett limited supports 8, giving ord minnett limited broader global reach. Both brokers are comparable on support quality.

Tied
FeatureBlitzbrokersord minnett limited
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic