B

CFI Markets

7.4/10

Daw Trading

6.7/10
10/10WinnerRegulation7/10
2/10FeesWinner8/10
9/10WinnerPlatforms7/10
6/10Education & ResearchTied6/10
4/10Deposits & WithdrawalsTied4/10
10/10SupportTied10/10

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Overview

CFI Markets was founded in 2012 and is headquartered in Cyprus, while Daw Trading was established in 1988 and is based in USA. Both brokers are regulated by Financial Conduct Authority (FCA), among other authorities. CFI Markets serves 10,000+ clients worldwide; Daw Trading has 10,000+. Both brokers share the same minimum deposit of $100.

CFI Markets wins this category
FeatureCFI MarketsDaw Trading
Min. Deposit$100$100
RegulationFinancial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), The Federal Financial Supervisory Authority Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin)Financial Conduct Authority (FCA)
Founded20121988
CountryCyprusUSA
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between CFI Markets and Daw Trading, directly affecting your bottom line as a trader. Both require a minimum deposit of $100. CFI Markets charges withdrawal fees while Daw Trading does not, a notable advantage for frequent withdrawers. CFI Markets applies inactivity fees on dormant accounts; Daw Trading does not. CFI Markets charges deposit fees; Daw Trading does not. Overall, Daw Trading scores higher on fees in our assessment.

Daw Trading wins this category
FeatureCFI MarketsDaw Trading
Min. Deposit$100$100
Withdrawal FeesYesNo
Inactivity FeesYesNo
Deposit FeesYesNo
CFD FeesYesNo

Platforms

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

CFI Markets wins this category
FeatureCFI MarketsDaw Trading
MT4YesNo
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMT4, Mac, Tablet & Mobile appsAndroid,WEB,Desktop,iPhone,Mac

Education & Research

Education and research tools help traders at every level make more informed decisions, and here's how CFI Markets and Daw Trading compare. Both brokers run regular live webinars. Both provide video tutorials, including advanced content. Daily market commentary is available from both brokers. Both integrate third-party research tools including Trading Central. Archived webinars are available at both brokers for self-paced learning. The two brokers are evenly matched on educational content.

Tied
FeatureCFI MarketsDaw Trading
Forex EducationNoNo
CFD EducationYesYes
Weekly WebinarsYesYes
Daily CommentaryYesYes
Trading CentralYesYes
AutochartistNoNo

Deposits & Withdrawals

Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. CFI Markets accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while Daw Trading supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.

Tied
FeatureCFI MarketsDaw Trading
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 CFI Markets and Daw Trading 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
FeatureCFI MarketsDaw Trading
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, and Chinese