B

Evans and Partners

6/10
Xtrade logo

Xtrade

6.6/10
5/10RegulationWinner8/10
0/10FeesWinner10/10
9/10PlatformsTied9/10
10/10WinnerEducation & Research0/10
4/10WinnerDeposits & Withdrawals0/10
10/10SupportTied10/10

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Overview

Evans and Partners was founded in 2012 and is headquartered in USA, while Xtrade was established in 2003 and is based in Australia. Evans and Partners holds licences including Unregulated, while Xtrade is regulated by Cyprus Securities and Exchange Commission (CySEC) among others. Evans and Partners serves 10,000+ clients worldwide; Xtrade has 10,000+. The minimum deposit is $500 at Evans and Partners and $1 at Xtrade.

Xtrade wins this category
FeatureEvans and PartnersXtrade
Min. Deposit$500$1
RegulationUnregulatedCyprus Securities and Exchange Commission (CySEC)
Founded20122003
CountryUSAAustralia
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between Evans and Partners and Xtrade, directly affecting your bottom line as a trader. Xtrade has a lower barrier to entry with a minimum deposit of $1 (vs $500 at Evans and Partners). Neither broker charges withdrawal fees. Evans and Partners applies inactivity fees on dormant accounts; Xtrade does not. Xtrade charges deposit fees; Evans and Partners does not. Overall, Xtrade scores higher on fees in our assessment.

Xtrade wins this category
FeatureEvans and PartnersXtrade
Min. Deposit$500$1
Withdrawal FeesNoNo
Inactivity FeesYesNo
Deposit FeesNoYes
CFD FeesYesYes

Platforms

Evans and Partners offers MT4, MT5, cTrader, while Xtrade supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. The two brokers are closely matched on platform offering.

Tied
FeatureEvans and PartnersXtrade
MT4YesYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMetaTrader 4,MetaTrader 5Not available

Education & Research

Education and research tools help traders at every level make more informed decisions, and here's how Evans and Partners and Xtrade compare. Evans and Partners runs regular live webinars; Xtrade does not. Evans and Partners has a video library; Xtrade does not. Evans and Partners publishes daily market commentary; Xtrade does not. Evans and Partners integrates third-party research tools (Trading Central, Autochartist); Xtrade 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.

Evans and Partners wins this category
FeatureEvans and PartnersXtrade
Forex EducationYesNo
CFD EducationYesNo
Weekly WebinarsYesNo
Daily CommentaryYesNo
Trading CentralYesNo
AutochartistYesNo

Deposits & Withdrawals

Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Evans and Partners uniquely supports bank transfer and credit/debit card among the two brokers. Evans and Partners scores higher on deposit and withdrawal flexibility.

Evans and Partners wins this category
FeatureEvans and PartnersXtrade
Bank TransferYesNot available
Credit CardYesNot available
PayPalNoNot available
SkrillNoNot available
NetellerNoNot available

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 Xtrade offer live chat support. Both provide phone support. Email support is available at both brokers. Evans and Partners offers multilingual support. Both brokers are comparable on support quality.

Tied
FeatureEvans and PartnersXtrade
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseNot available