B

Evolution Brokers

6/10
fx global markets logo

fx global markets

7.8/10
5/10RegulationWinner7/10
0/10FeesTied0/10
9/10PlatformsTied9/10
10/10Education & ResearchTied10/10
4/10Deposits & WithdrawalsWinner10/10
10/10SupportTied10/10

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Overview

Evolution Brokers was founded in 2008 and is headquartered in Belize, while fx global markets was established in 2017 and is based in United States. Both brokers are regulated by Cyprus Securities and Exchange Commission (CySEC), among other authorities. Evolution Brokers serves 10,000+ clients worldwide; fx global markets has 10,000+. The minimum deposit is $300 at Evolution Brokers and $250 at fx global markets.

fx global markets wins this category
FeatureEvolution Brokersfx global markets
Min. Deposit$300$250
RegulationCyprus Securities and Exchange Commission (CySEC)Cyprus Securities and Exchange Commission (CySEC), with CIF license No. 242/14
Founded20082017
CountryBelizeUnited States
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between Evolution Brokers and fx global markets, directly affecting your bottom line as a trader. fx global markets has a lower barrier to entry with a minimum deposit of $250 (vs $300 at Evolution Brokers). Both brokers charge withdrawal fees. Evolution Brokers applies inactivity fees on dormant accounts; fx global markets does not. fx global markets charges deposit fees; Evolution Brokers does not. The two brokers are broadly comparable on fee structure.

Tied
FeatureEvolution Brokersfx global markets
Min. Deposit$300$250
Withdrawal FeesYesYes
Inactivity FeesYesNo
Deposit FeesNoYes
CFD FeesNoNo

Platforms

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

Tied
FeatureEvolution Brokersfx global markets
MT4YesYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsWEB,Desktop,iPhone,MacMT4, 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 Evolution Brokers and fx global markets 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
FeatureEvolution Brokersfx global markets
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. Evolution Brokers accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while fx global markets supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). fx global markets uniquely supports PayPal and Skrill and Neteller among the two brokers. fx global markets scores higher on deposit and withdrawal flexibility.

fx global markets wins this category
FeatureEvolution Brokersfx global markets
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 Evolution Brokers and fx global markets offer live chat support. Both provide phone support. Email support is available at both brokers. Evolution Brokers supports 2 languages and fx global markets supports 8, giving fx global markets broader global reach. Both brokers are comparable on support quality.

Tied
FeatureEvolution Brokersfx global markets
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic