Bulbrokers
forextime
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Overview
Bulbrokers was founded in 2000 and is headquartered in Bulgaria, while forextime was established in 2011 and is based in Lebanon. Bulbrokers holds licences including Financial Services Authority (FSA), while forextime is regulated by Financial Conduct Authority (FCA) among others. Bulbrokers serves 10,000+ clients worldwide; forextime has 200,000+. The minimum deposit is $100 at Bulbrokers and $250 at forextime.
| Feature | Bulbrokers | forextime |
|---|---|---|
| Min. Deposit | $100 | $250 |
| Regulation | Financial Services Authority (FSA) | 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-F230 |
| Founded | 2000 | 2011 |
| Country | Bulgaria | Lebanon |
| Clients | 10,000+ | 200,000+ |
Fees
Fees are a critical factor when choosing between Bulbrokers and forextime, directly affecting your bottom line as a trader. Bulbrokers has a lower barrier to entry with a minimum deposit of $100 (vs $250 at forextime). Neither broker charges withdrawal fees. Bulbrokers applies inactivity fees on dormant accounts; forextime does not. forextime charges deposit fees; Bulbrokers does not. Overall, Bulbrokers scores higher on fees in our assessment.
| Feature | Bulbrokers | forextime |
|---|---|---|
| Min. Deposit | $100 | $250 |
| Withdrawal Fees | No | No |
| Inactivity Fees | Yes | No |
| Deposit Fees | No | Yes |
| CFD Fees | Yes | Yes |
Platforms
Bulbrokers offers MT5, cTrader, while forextime supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. forextime edges ahead on platform breadth and functionality in our scoring.
| Feature | Bulbrokers | forextime |
|---|---|---|
| MT4 | No | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MT4, Web Trader, Tablet & Mobile apps | 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 Bulbrokers and forextime compare. forextime runs regular live webinars; Bulbrokers does not. forextime has a video library; Bulbrokers does not. forextime publishes daily market commentary; Bulbrokers does not. forextime integrates third-party research tools (Trading Central, Autochartist); Bulbrokers does not. forextime maintains an archive of past webinars for on-demand viewing. forextime scores higher overall in education and research.
| Feature | Bulbrokers | forextime |
|---|---|---|
| Forex Education | No | Yes |
| CFD Education | No | Yes |
| Weekly Webinars | No | Yes |
| Daily Commentary | No | Yes |
| Trading Central | No | Yes |
| Autochartist | No | Yes |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Bulbrokers accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while forextime supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). forextime uniquely supports PayPal and Skrill and Neteller among the two brokers. forextime scores higher on deposit and withdrawal flexibility.
| Feature | Bulbrokers | forextime |
|---|---|---|
| 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 Bulbrokers and forextime offer live chat support. Both provide phone support. Email support is available at both brokers. Bulbrokers supports 2 languages and forextime supports 8, giving forextime broader global reach. Both brokers are comparable on support quality.
| Feature | Bulbrokers | forextime |
|---|---|---|
| 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 |