EverFX
Markets.com
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Overview
EverFX was founded in 2008 and is headquartered in Cayman Islands, while Markets.com was established in 2008 and is based in Cyprus. EverFX holds licences including Cayman Islands Monetary Authority (CIMA), while Markets.com is regulated by Cyprus Securities and Exchange Commission (CySEC) among others. EverFX serves 10,000+ clients worldwide; Markets.com has 10,000+. The minimum deposit is $10000 at EverFX and $250 at Markets.com.
| Feature | EverFX | Markets.com |
|---|---|---|
| Min. Deposit | $10000 | $250 |
| Regulation | Cayman Islands Monetary Authority (CIMA) | Cyprus Securities and Exchange Commission (CySEC), Financial Sector Conduct Authority (FSCA), Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC) |
| Founded | 2008 | 2008 |
| Country | Cayman Islands | Cyprus |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between EverFX and Markets.com, directly affecting your bottom line as a trader. EverFX has a lower barrier to entry with a minimum deposit of $10000 (vs $250 at Markets.com). Neither broker charges withdrawal fees. EverFX charges deposit fees; Markets.com does not. Overall, Markets.com scores higher on fees in our assessment.
| Feature | EverFX | Markets.com |
|---|---|---|
| Min. Deposit | $10000 | $250 |
| Withdrawal Fees | No | No |
| Inactivity Fees | No | No |
| Deposit Fees | Yes | No |
| CFD Fees | Yes | No |
Platforms
EverFX offers MT4, MT5, cTrader, while Markets.com supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Both brokers support copy or social trading, catering to less hands-on investors. The two brokers are closely matched on platform offering.
| Feature | EverFX | Markets.com |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MT4,iOS,MacBook,iPhone | MT4, MT5, Web Trader, Tablet & Mobile apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how EverFX and Markets.com compare. EverFX runs regular live webinars; Markets.com does not. Both provide video tutorials. EverFX publishes daily market commentary; Markets.com does not. Both integrate third-party research tools. EverFX maintains an archive of past webinars for on-demand viewing. EverFX scores higher overall in education and research.
| Feature | EverFX | Markets.com |
|---|---|---|
| Forex Education | No | Yes |
| CFD Education | Yes | No |
| Weekly Webinars | Yes | No |
| Daily Commentary | Yes | No |
| Trading Central | Yes | No |
| Autochartist | No | Yes |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. EverFX accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while Markets.com supports 3 (bank transfer, credit/debit card, PayPal). Markets.com uniquely supports PayPal among the two brokers. Markets.com scores higher on deposit and withdrawal flexibility.
| Feature | EverFX | Markets.com |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | Yes |
| 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 EverFX and Markets.com offer live chat support. Both provide phone support. Email support is available at both brokers. EverFX supports 2 languages and Markets.com supports 14, giving Markets.com broader global reach. Both brokers are comparable on support quality.
| Feature | EverFX | Markets.com |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | Arabic, Chinese, Dutch, English, French, German, Italian, Japanese, Norwegian, Polish, Romanian, Russian, Spanish, and Turkish |