B

Evans and Partners

6/10
sofi logo

sofi

7.9/10
5/10RegulationWinner10/10
0/10FeesTied0/10
9/10PlatformsTied9/10
10/10WinnerEducation & Research6/10
4/10Deposits & WithdrawalsWinner10/10
10/10SupportTied10/10

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Overview

Evans and Partners was founded in 2012 and is headquartered in USA, while sofi was established in 2015 and is based in Lebanon. Evans and Partners holds licences including Unregulated, while sofi is regulated by Financial Conduct Authority (FCA) among others. Evans and Partners serves 10,000+ clients worldwide; sofi has 10,000+. The minimum deposit is $500 at Evans and Partners and $250 at sofi.

sofi wins this category
FeatureEvans and Partnerssofi
Min. Deposit$500$250
RegulationUnregulatedFinancial 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-F306
Founded20122015
CountryUSALebanon
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between Evans and Partners and sofi, directly affecting your bottom line as a trader. sofi has a lower barrier to entry with a minimum deposit of $250 (vs $500 at Evans and Partners). Neither broker charges withdrawal fees. Evans and Partners applies inactivity fees on dormant accounts; sofi does not. sofi charges deposit fees; Evans and Partners does not. The two brokers are broadly comparable on fee structure.

Tied
FeatureEvans and Partnerssofi
Min. Deposit$500$250
Withdrawal FeesNoNo
Inactivity FeesYesNo
Deposit FeesNoYes
CFD FeesYesYes

Platforms

Evans and Partners offers MT4, MT5, cTrader, while sofi supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. sofi supports social and copy trading features, which Evans and Partners does not offer. The two brokers are closely matched on platform offering.

Tied
FeatureEvans and Partnerssofi
MT4YesYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMetaTrader 4,MetaTrader 5MT4, 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 Evans and Partners and sofi 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. Evans and Partners scores higher overall in education and research.

Evans and Partners wins this category
FeatureEvans and Partnerssofi
Forex EducationYesNo
CFD EducationYesYes
Weekly WebinarsYesYes
Daily CommentaryYesYes
Trading CentralYesYes
AutochartistYesNo

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 sofi supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). sofi uniquely supports PayPal and Skrill and Neteller among the two brokers. sofi scores higher on deposit and withdrawal flexibility.

sofi wins this category
FeatureEvans and Partnerssofi
Bank TransferYesYes
Credit CardYesYes
PayPalNoYes
SkrillNoYes
NetellerNoYes

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 sofi offer live chat support. Both provide phone support. Email support is available at both brokers. Evans and Partners supports 2 languages and sofi supports 8, giving sofi broader global reach. Both brokers are comparable on support quality.

Tied
FeatureEvans and Partnerssofi
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic