Bridges Financial Services
Forex Financial Services
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Overview
Bridges Financial Services was founded in 2014 and is headquartered in Australia, while Forex Financial Services was established in 2008 and is based in Australia. Bridges Financial Services holds licences including ABN 60 003 474 977, while Forex Financial Services is regulated by Australian Securities and investment Commission (ASIC) among others. Bridges Financial Services serves 10,000+ clients worldwide; Forex Financial Services has 10,000+. The minimum deposit is $100 at Bridges Financial Services and $2500 at Forex Financial Services.
| Feature | Bridges Financial Services | Forex Financial Services |
|---|---|---|
| Min. Deposit | $100 | $2500 |
| Regulation | ABN 60 003 474 977, AFSL No. 240837 | Australian Securities and investment Commission (ASIC) |
| Founded | 2014 | 2008 |
| Country | Australia | Australia |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Bridges Financial Services and Forex Financial Services, directly affecting your bottom line as a trader. Bridges Financial Services has a lower barrier to entry with a minimum deposit of $100 (vs $2500 at Forex Financial Services). Bridges Financial Services charges withdrawal fees while Forex Financial Services does not, a notable advantage for frequent withdrawers. Bridges Financial Services charges deposit fees; Forex Financial Services does not. Overall, Bridges Financial Services scores higher on fees in our assessment.
| Feature | Bridges Financial Services | Forex Financial Services |
|---|---|---|
| Min. Deposit | $100 | $2500 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | No | No |
| Deposit Fees | Yes | Yes |
| CFD Fees | Yes | No |
Platforms
Bridges Financial Services offers MT4, MT5, cTrader, while Forex Financial Services 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. The two brokers are closely matched on platform offering.
| Feature | Bridges Financial Services | Forex Financial Services |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MetaTrader 4 | MT4 |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Bridges Financial Services and Forex Financial Services compare. Bridges Financial Services runs regular live webinars; Forex Financial Services does not. Bridges Financial Services has a video library; Forex Financial Services does not. Bridges Financial Services publishes daily market commentary; Forex Financial Services does not. Bridges Financial Services integrates third-party research tools (Trading Central, Autochartist); Forex Financial Services does not. Bridges Financial Services maintains an archive of past webinars for on-demand viewing. Bridges Financial Services scores higher overall in education and research.
| Feature | Bridges Financial Services | Forex Financial Services |
|---|---|---|
| Forex Education | Yes | No |
| CFD Education | Yes | No |
| Weekly Webinars | Yes | No |
| Daily Commentary | Yes | No |
| Trading Central | Yes | No |
| Autochartist | Yes | No |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Bridges Financial Services accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while Forex Financial Services supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.
| Feature | Bridges Financial Services | Forex Financial Services |
|---|---|---|
| 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 Bridges Financial Services and Forex Financial Services 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 | Bridges Financial Services | Forex Financial Services |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |