ETFinance
Forex EE
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Overview
ETFinance was founded in 2018 and is headquartered in Cyprus, while Forex EE was established in 2008 and is based in Grenadines. ETFinance holds licences including Cyprus Securities and Exchange Commission (CySEC), while Forex EE is regulated by Ministry of Economic Affairs in Estonia among others. ETFinance serves 10,000+ clients worldwide; Forex EE has 10,000+. The minimum deposit is $215 at ETFinance and $100 at Forex EE.
| Feature | ETFinance | Forex EE |
|---|---|---|
| Min. Deposit | $215 | $100 |
| Regulation | Cyprus Securities and Exchange Commission (CySEC) | Ministry of Economic Affairs in Estonia |
| Founded | 2018 | 2008 |
| Country | Cyprus | Grenadines |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between ETFinance and Forex EE, directly affecting your bottom line as a trader. Forex EE has a lower barrier to entry with a minimum deposit of $100 (vs $215 at ETFinance). Forex EE charges withdrawal fees while ETFinance does not, giving ETFinance an edge for frequent withdrawers. ETFinance charges deposit fees; Forex EE does not. Overall, Forex EE scores higher on fees in our assessment.
| Feature | ETFinance | Forex EE |
|---|---|---|
| Min. Deposit | $215 | $100 |
| Withdrawal Fees | No | Yes |
| Inactivity Fees | No | No |
| Deposit Fees | Yes | No |
| CFD Fees | Yes | No |
Platforms
ETFinance offers MT4, MT5, cTrader, while Forex EE supports MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. ETFinance edges ahead on platform breadth and functionality in our scoring.
| Feature | ETFinance | Forex EE |
|---|---|---|
| MT4 | Yes | No |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MT4,iOS,MacBook,iPhone | MetaTrader 4 |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how ETFinance and Forex EE compare. ETFinance runs regular live webinars; Forex EE does not. Both provide video tutorials. ETFinance publishes daily market commentary; Forex EE does not. Both integrate third-party research tools. ETFinance maintains an archive of past webinars for on-demand viewing. ETFinance scores higher overall in education and research.
| Feature | ETFinance | Forex EE |
|---|---|---|
| Forex Education | Yes | Yes |
| CFD Education | Yes | No |
| Weekly Webinars | Yes | No |
| Daily Commentary | Yes | No |
| Trading Central | Yes | No |
| Autochartist | Yes | Yes |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. ETFinance accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while Forex EE supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.
| Feature | ETFinance | Forex EE |
|---|---|---|
| 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 ETFinance and Forex EE 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 | ETFinance | Forex EE |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |