Blitzbrokers
profiforex corp
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Overview
Blitzbrokers was founded in 1982 and is headquartered in Hong Kong, while profiforex corp was established in 2018 and is based in Cyprus. Blitzbrokers holds licences including Securities and Futures Commission (SFC), while profiforex corp is regulated by Financial Conduct Authority (FCA) among others. Blitzbrokers serves 10,000+ clients worldwide; profiforex corp has 30,000+. The minimum deposit is $1 at Blitzbrokers and $250 at profiforex corp.
| Feature | Blitzbrokers | profiforex corp |
|---|---|---|
| Min. Deposit | $1 | $250 |
| Regulation | Securities 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-F297 |
| Founded | 1982 | 2018 |
| Country | Hong Kong | Cyprus |
| Clients | 10,000+ | 30,000+ |
Fees
Fees are a critical factor when choosing between Blitzbrokers and profiforex corp, directly affecting your bottom line as a trader. Blitzbrokers has a lower barrier to entry with a minimum deposit of $1 (vs $250 at profiforex corp). Neither broker charges withdrawal fees. Overall, Blitzbrokers scores higher on fees in our assessment.
| Feature | Blitzbrokers | profiforex corp |
|---|---|---|
| Min. Deposit | $1 | $250 |
| Withdrawal Fees | No | No |
| Inactivity Fees | No | No |
| Deposit Fees | No | No |
| CFD Fees | No | No |
Platforms
Blitzbrokers offers MT5, cTrader, while profiforex corp supports MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Blitzbrokers supports social and copy trading features, which profiforex corp does not offer. The two brokers are closely matched on platform offering.
| Feature | Blitzbrokers | profiforex corp |
|---|---|---|
| MT4 | No | No |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | Desktop,WEB,Android | 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 Blitzbrokers and profiforex corp compare. profiforex corp runs regular live webinars; Blitzbrokers does not. Both provide video tutorials. profiforex corp publishes daily market commentary; Blitzbrokers does not. Both integrate third-party research tools. profiforex corp maintains an archive of past webinars for on-demand viewing. profiforex corp scores higher overall in education and research.
| Feature | Blitzbrokers | profiforex corp |
|---|---|---|
| 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 profiforex corp supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). profiforex corp uniquely supports PayPal and Skrill and Neteller among the two brokers. profiforex corp scores higher on deposit and withdrawal flexibility.
| Feature | Blitzbrokers | profiforex corp |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | Yes |
| Skrill | No | Yes |
| Neteller | No | Yes |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both Blitzbrokers and profiforex corp offer live chat support. Both provide phone support. Email support is available at both brokers. Blitzbrokers supports 2 languages and profiforex corp supports 8, giving profiforex corp broader global reach. Both brokers are comparable on support quality.
| Feature | Blitzbrokers | profiforex corp |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic |