Direct FX
Oinvest
BrokerDataNet earns affiliate commission from brokers listed on this site. This does not affect our ratings or editorial independence.
Overview
Direct FX was founded in 2006 and is headquartered in New Zealand, while Oinvest was established in 2019 and is based in South Africa. Direct FX holds licences including Unregulated, while Oinvest is regulated by Southern African Financial Sector Conduct Authority (FSCA) among others. Direct FX serves 10,000+ clients worldwide; Oinvest has 10,000+. The minimum deposit is $1 at Direct FX and $200 at Oinvest.
| Feature | Direct FX | Oinvest |
|---|---|---|
| Min. Deposit | $1 | $200 |
| Regulation | Unregulated | Southern African Financial Sector Conduct Authority (FSCA) |
| Founded | 2006 | 2019 |
| Country | New Zealand | South Africa |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Direct FX and Oinvest, directly affecting your bottom line as a trader. Direct FX has a lower barrier to entry with a minimum deposit of $1 (vs $200 at Oinvest). Neither broker charges withdrawal fees. Oinvest applies inactivity fees on dormant accounts; Direct FX does not. Direct FX charges deposit fees; Oinvest does not. Overall, Direct FX scores higher on fees in our assessment.
| Feature | Direct FX | Oinvest |
|---|---|---|
| Min. Deposit | $1 | $200 |
| Withdrawal Fees | No | No |
| Inactivity Fees | No | Yes |
| Deposit Fees | Yes | No |
| CFD Fees | Yes | Yes |
Platforms
Direct FX offers MT4, MT5, cTrader, while Oinvest supports 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. Direct FX edges ahead on platform breadth and functionality in our scoring.
| Feature | Direct FX | Oinvest |
|---|---|---|
| MT4 | Yes | No |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | Not available | MT4, iOS, MacBook, iPhone |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Direct FX and Oinvest compare. Direct FX runs regular live webinars; Oinvest does not. Both provide video tutorials. Direct FX publishes daily market commentary; Oinvest does not. Both integrate third-party research tools. Direct FX maintains an archive of past webinars for on-demand viewing. Direct FX scores higher overall in education and research.
| Feature | Direct FX | Oinvest |
|---|---|---|
| Forex Education | No | Yes |
| CFD Education | Yes | No |
| Weekly Webinars | Yes | No |
| Daily Commentary | Yes | No |
| Trading Central | Yes | No |
| Autochartist | No | Yes |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Direct FX accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while Oinvest supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.
| Feature | Direct FX | Oinvest |
|---|---|---|
| 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 Direct FX and Oinvest 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 | Direct FX | Oinvest |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |