Evans and Partners
WellsTrade
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Overview
Evans and Partners was founded in 2012 and is headquartered in USA, while WellsTrade was established in 2008 and is based in United States. Both brokers are regulated by Unregulated, among other authorities. Evans and Partners serves 10,000+ clients worldwide; WellsTrade has 10,000+. The minimum deposit is $500 at Evans and Partners and $30 at WellsTrade.
| Feature | Evans and Partners | WellsTrade |
|---|---|---|
| Min. Deposit | $500 | $30 |
| Regulation | Unregulated | Unregulated |
| Founded | 2012 | 2008 |
| Country | USA | United States |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Evans and Partners and WellsTrade, directly affecting your bottom line as a trader. WellsTrade has a lower barrier to entry with a minimum deposit of $30 (vs $500 at Evans and Partners). Neither broker charges withdrawal fees. Evans and Partners applies inactivity fees on dormant accounts; WellsTrade does not. Overall, WellsTrade scores higher on fees in our assessment.
| Feature | Evans and Partners | WellsTrade |
|---|---|---|
| Min. Deposit | $500 | $30 |
| Withdrawal Fees | No | No |
| Inactivity Fees | Yes | No |
| Deposit Fees | No | No |
| CFD Fees | Yes | No |
Platforms
Evans and Partners offers MT4, MT5, cTrader, while WellsTrade 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 | WellsTrade |
|---|---|---|
| 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 | iPhone,Tablet,Mac,Android,WEB |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Evans and Partners and WellsTrade compare. Evans and Partners runs regular live webinars; WellsTrade does not. Evans and Partners has a video library; WellsTrade does not. Evans and Partners publishes daily market commentary; WellsTrade does not. Evans and Partners integrates third-party research tools (Trading Central, Autochartist); WellsTrade does not. Evans and Partners maintains an archive of past webinars for on-demand viewing. Evans and Partners scores higher overall in education and research.
| Feature | Evans and Partners | WellsTrade |
|---|---|---|
| Forex Education | Yes | No |
| CFD Education | Yes | No |
| Weekly Webinars | Yes | No |
| Daily Commentary | Yes | No |
| Trading Central | Yes | No |
| Autochartist | Yes | No |
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 WellsTrade supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.
| Feature | Evans and Partners | WellsTrade |
|---|---|---|
| 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 WellsTrade 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 | WellsTrade |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |