Ellevest
macquarie securities limited
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Overview
Ellevest was founded in 2008 and is headquartered in USA, while macquarie securities limited was established in 2019 and is based in United States. Ellevest holds licences including Unregulated, while macquarie securities limited is regulated by Financial Conduct Authority (FCA) among others. Ellevest serves 10,000+ clients worldwide; macquarie securities limited has 10,000+. The minimum deposit is $1 at Ellevest and $250 at macquarie securities limited.
| Feature | Ellevest | macquarie securities limited |
|---|---|---|
| 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-F274 |
| Founded | 2008 | 2019 |
| Country | USA | United States |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Ellevest and macquarie securities limited, directly affecting your bottom line as a trader. Ellevest has a lower barrier to entry with a minimum deposit of $1 (vs $250 at macquarie securities limited). Both brokers charge withdrawal fees. Ellevest applies inactivity fees on dormant accounts; macquarie securities limited does not. Ellevest charges deposit fees; macquarie securities limited does not. Overall, Ellevest scores higher on fees in our assessment.
| Feature | Ellevest | macquarie securities limited |
|---|---|---|
| Min. Deposit | $1 | $250 |
| Withdrawal Fees | Yes | Yes |
| Inactivity Fees | Yes | No |
| Deposit Fees | Yes | Yes |
| CFD Fees | Yes | Yes |
Platforms
Ellevest offers MT4, MT5, cTrader, while macquarie securities limited supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. macquarie securities limited supports social and copy trading features, which Ellevest does not offer. The two brokers are closely matched on platform offering.
| Feature | Ellevest | macquarie securities limited |
|---|---|---|
| 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 macquarie securities limited compare. macquarie securities limited runs regular live webinars; Ellevest does not. Both provide video tutorials. macquarie securities limited publishes daily market commentary; Ellevest does not. Both integrate third-party research tools. macquarie securities limited maintains an archive of past webinars for on-demand viewing. macquarie securities limited scores higher overall in education and research.
| Feature | Ellevest | macquarie securities limited |
|---|---|---|
| Forex Education | Yes | No |
| CFD Education | No | Yes |
| Weekly Webinars | No | Yes |
| Daily Commentary | No | Yes |
| Trading Central | No | Yes |
| Autochartist | Yes | No |
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 macquarie securities limited supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). macquarie securities limited uniquely supports PayPal and Skrill and Neteller among the two brokers. macquarie securities limited scores higher on deposit and withdrawal flexibility.
| Feature | Ellevest | macquarie securities limited |
|---|---|---|
| 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 macquarie securities limited offer live chat support. Both provide phone support. Email support is available at both brokers. Ellevest supports 2 languages and macquarie securities limited supports 8, giving macquarie securities limited broader global reach. Both brokers are comparable on support quality.
| Feature | Ellevest | macquarie securities limited |
|---|---|---|
| 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 |