Ellevest
highlow
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Overview
Ellevest was founded in 2008 and is headquartered in USA, while highlow was established in 2011 and is based in Australia. Ellevest holds licences including Unregulated, while highlow is regulated by Financial Conduct Authority (FCA) among others. Ellevest serves 10,000+ clients worldwide; highlow has 150,000+. The minimum deposit is $1 at Ellevest and $250 at highlow.
| Feature | Ellevest | highlow |
|---|---|---|
| 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-F254 |
| Founded | 2008 | 2011 |
| Country | USA | Australia |
| Clients | 10,000+ | 150,000+ |
Fees
Fees are a critical factor when choosing between Ellevest and highlow, directly affecting your bottom line as a trader. Ellevest has a lower barrier to entry with a minimum deposit of $1 (vs $250 at highlow). Ellevest charges withdrawal fees while highlow does not, a notable advantage for frequent withdrawers. Ellevest applies inactivity fees on dormant accounts; highlow does not. Ellevest charges deposit fees; highlow does not. Overall, Ellevest scores higher on fees in our assessment.
| Feature | Ellevest | highlow |
|---|---|---|
| Min. Deposit | $1 | $250 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | Yes | No |
| Deposit Fees | Yes | Yes |
| CFD Fees | Yes | Yes |
Platforms
Ellevest offers MT4, MT5, cTrader, while highlow supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. highlow supports social and copy trading features, which Ellevest does not offer. The two brokers are closely matched on platform offering.
| Feature | Ellevest | highlow |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | Windows, Android, Mac OS, iOS | 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 Ellevest and highlow compare. Both provide video tutorials. Both integrate third-party research tools. The two brokers are evenly matched on educational content.
| Feature | Ellevest | highlow |
|---|---|---|
| Forex Education | Yes | Yes |
| CFD Education | No | No |
| Weekly Webinars | No | No |
| Daily Commentary | No | No |
| Trading Central | No | No |
| Autochartist | Yes | Yes |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Ellevest accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while highlow supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). highlow uniquely supports PayPal and Skrill and Neteller among the two brokers. highlow scores higher on deposit and withdrawal flexibility.
| Feature | Ellevest | highlow |
|---|---|---|
| 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 Ellevest and highlow offer live chat support. Both provide phone support. Email support is available at both brokers. Ellevest supports 2 languages and highlow supports 8, giving highlow broader global reach. Both brokers are comparable on support quality.
| Feature | Ellevest | highlow |
|---|---|---|
| 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 |