Direct FX
the share centre
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Overview
Direct FX was founded in 2006 and is headquartered in New Zealand, while the share centre was established in 2019 and is based in Bulgaria. Direct FX holds licences including Unregulated, while the share centre is regulated by Financial Conduct Authority (FCA) among others. Direct FX serves 10,000+ clients worldwide; the share centre has 60,000+. The minimum deposit is $1 at Direct FX and $250 at the share centre.
| Feature | Direct FX | the share centre |
|---|---|---|
| Min. Deposit | $1 | $250 |
| Regulation | Unregulated | 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-F322 |
| Founded | 2006 | 2019 |
| Country | New Zealand | Bulgaria |
| Clients | 10,000+ | 60,000+ |
Fees
Fees are a critical factor when choosing between Direct FX and the share centre, directly affecting your bottom line as a trader. Direct FX has a lower barrier to entry with a minimum deposit of $1 (vs $250 at the share centre). the share centre charges withdrawal fees while Direct FX does not, giving Direct FX an edge for frequent withdrawers. the share centre applies inactivity fees on dormant accounts; Direct FX does not. Direct FX charges deposit fees; the share centre does not. Overall, Direct FX scores higher on fees in our assessment.
| Feature | Direct FX | the share centre |
|---|---|---|
| Min. Deposit | $1 | $250 |
| Withdrawal Fees | No | Yes |
| Inactivity Fees | No | Yes |
| Deposit Fees | Yes | Yes |
| CFD Fees | Yes | Yes |
Platforms
Direct FX offers MT4, MT5, cTrader, while the share centre 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 | Direct FX | the share centre |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | Not available | 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 Direct FX and the share centre compare. Direct FX runs regular live webinars; the share centre does not. Both provide video tutorials. Direct FX publishes daily market commentary; the share centre 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 | the share centre |
|---|---|---|
| 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 the share centre supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). the share centre uniquely supports PayPal and Skrill and Neteller among the two brokers. the share centre scores higher on deposit and withdrawal flexibility.
| Feature | Direct FX | the share centre |
|---|---|---|
| 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 Direct FX and the share centre offer live chat support. Both provide phone support. Email support is available at both brokers. Direct FX supports 2 languages and the share centre supports 8, giving the share centre broader global reach. Both brokers are comparable on support quality.
| Feature | Direct FX | the share centre |
|---|---|---|
| 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 |