B

Evans and Partners

6/10
Westpac logo

Westpac

8.8/10
5/10RegulationWinner9/10
0/10FeesWinner10/10
9/10PlatformsTied9/10
10/10Education & ResearchTied10/10
4/10Deposits & WithdrawalsTied4/10
10/10SupportTied10/10

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Overview

Evans and Partners was founded in 2012 and is headquartered in USA, while Westpac was established in 2008 and is based in Austrailia. Evans and Partners holds licences including Unregulated, while Westpac is regulated by Financial Conduct Authority (FCA) among others. Evans and Partners serves 10,000+ clients worldwide; Westpac has 10,000+. The minimum deposit is $500 at Evans and Partners and $50 at Westpac.

Westpac wins this category
FeatureEvans and PartnersWestpac
Min. Deposit$500$50
RegulationUnregulatedFinancial Conduct Authority (FCA), Prudential Regulation Authority (PRA)
Founded20122008
CountryUSAAustrailia
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between Evans and Partners and Westpac, directly affecting your bottom line as a trader. Westpac has a lower barrier to entry with a minimum deposit of $50 (vs $500 at Evans and Partners). Neither broker charges withdrawal fees. Evans and Partners applies inactivity fees on dormant accounts; Westpac does not. Westpac charges deposit fees; Evans and Partners does not. Overall, Westpac scores higher on fees in our assessment.

Westpac wins this category
FeatureEvans and PartnersWestpac
Min. Deposit$500$50
Withdrawal FeesNoNo
Inactivity FeesYesNo
Deposit FeesNoYes
CFD FeesYesNo

Platforms

Evans and Partners offers MT4, MT5, cTrader, while Westpac supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Westpac 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 PartnersWestpac
MT4YesYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMetaTrader 4,MetaTrader 5Desktop,Mac,iPhone,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 Westpac 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.

Tied
FeatureEvans and PartnersWestpac
Forex EducationYesYes
CFD EducationYesYes
Weekly WebinarsYesYes
Daily CommentaryYesYes
Trading CentralYesYes
AutochartistYesYes

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 Westpac supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.

Tied
FeatureEvans and PartnersWestpac
Bank TransferYesYes
Credit CardYesYes
PayPalNoNo
SkrillNoNo
NetellerNoNo

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 Westpac 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.

Tied
FeatureEvans and PartnersWestpac
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, and Chinese