Evans and Partners
First Trade
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Overview
Evans and Partners was founded in 2012 and is headquartered in USA, while First Trade was established in 2008 and is based in USA. Evans and Partners holds licences including Unregulated, while First Trade is regulated by Securities and Exchange Commission (SEC) among others. Evans and Partners serves 10,000+ clients worldwide; First Trade has 10,000+. The minimum deposit is $500 at Evans and Partners and $5 at First Trade.
| Feature | Evans and Partners | First Trade |
|---|---|---|
| Min. Deposit | $500 | $5 |
| Regulation | Unregulated | Securities and Exchange Commission (SEC), Financial Industry Regulatory Authority (FINRA) |
| Founded | 2012 | 2008 |
| Country | USA | USA |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Evans and Partners and First Trade, directly affecting your bottom line as a trader. First Trade has a lower barrier to entry with a minimum deposit of $5 (vs $500 at Evans and Partners). First Trade charges withdrawal fees while Evans and Partners does not, giving Evans and Partners an edge for frequent withdrawers. Evans and Partners applies inactivity fees on dormant accounts; First Trade does not. First Trade charges deposit fees; Evans and Partners does not. Overall, First Trade scores higher on fees in our assessment.
| Feature | Evans and Partners | First Trade |
|---|---|---|
| Min. Deposit | $500 | $5 |
| Withdrawal Fees | No | Yes |
| Inactivity Fees | Yes | No |
| Deposit Fees | No | Yes |
| CFD Fees | Yes | No |
Platforms
Evans and Partners offers MT4, MT5, cTrader, while First Trade supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. The two brokers are closely matched on platform offering.
| Feature | Evans and Partners | First Trade |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MetaTrader 4,MetaTrader 5 | MT4,WEB |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Evans and Partners and First Trade compare. Both brokers run regular live webinars. Both provide video tutorials, including advanced content. Daily market commentary is available from both brokers. Both integrate third-party research tools including Trading Central. Archived webinars are available at both brokers for self-paced learning. The two brokers are evenly matched on educational content.
| Feature | Evans and Partners | First Trade |
|---|---|---|
| Forex Education | Yes | Yes |
| CFD Education | Yes | Yes |
| Weekly Webinars | Yes | Yes |
| Daily Commentary | Yes | Yes |
| Trading Central | Yes | Yes |
| Autochartist | Yes | Yes |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Evans and Partners accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while First Trade supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.
| Feature | Evans and Partners | First Trade |
|---|---|---|
| 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 Evans and Partners and First Trade 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 | Evans and Partners | First Trade |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |