Evolution Brokers
selftrade
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Overview
Evolution Brokers was founded in 2008 and is headquartered in Belize, while selftrade was established in 2013 and is based in Australia. Evolution Brokers holds licences including Cyprus Securities and Exchange Commission (CySEC), while selftrade is regulated by Financial Conduct Authority (FCA) among others. Evolution Brokers serves 10,000+ clients worldwide; selftrade has 14,000,000+. The minimum deposit is $300 at Evolution Brokers and $250 at selftrade.
| Feature | Evolution Brokers | selftrade |
|---|---|---|
| Min. Deposit | $300 | $250 |
| Regulation | Cyprus Securities and Exchange Commission (CySEC) | Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F304 |
| Founded | 2008 | 2013 |
| Country | Belize | Australia |
| Clients | 10,000+ | 14,000,000+ |
Fees
Fees are a critical factor when choosing between Evolution Brokers and selftrade, directly affecting your bottom line as a trader. selftrade 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; selftrade does not. selftrade charges deposit fees; Evolution Brokers does not. The two brokers are broadly comparable on fee structure.
| Feature | Evolution Brokers | selftrade |
|---|---|---|
| Min. Deposit | $300 | $250 |
| Withdrawal Fees | Yes | Yes |
| Inactivity Fees | Yes | No |
| Deposit Fees | No | Yes |
| CFD Fees | No | Yes |
Platforms
Evolution Brokers offers MT4, MT5, cTrader, while selftrade supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. selftrade supports social and copy trading features, which Evolution Brokers does not offer. The two brokers are closely matched on platform offering.
| Feature | Evolution Brokers | selftrade |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | WEB,Desktop,iPhone,Mac | MT4, 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 selftrade compare. Evolution Brokers runs regular live webinars; selftrade does not. Both provide video tutorials. Evolution Brokers publishes daily market commentary; selftrade does not. Both integrate third-party research tools. Evolution Brokers maintains an archive of past webinars for on-demand viewing. Evolution Brokers scores higher overall in education and research.
| Feature | Evolution Brokers | selftrade |
|---|---|---|
| Forex Education | Yes | Yes |
| CFD Education | Yes | No |
| Weekly Webinars | Yes | No |
| Daily Commentary | Yes | No |
| Trading Central | Yes | No |
| Autochartist | Yes | Yes |
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 selftrade supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). selftrade uniquely supports PayPal and Skrill and Neteller among the two brokers. selftrade scores higher on deposit and withdrawal flexibility.
| Feature | Evolution Brokers | selftrade |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | Yes |
| Skrill | No | Yes |
| Neteller | No | Yes |
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 selftrade offer live chat support. Both provide phone support. Email support is available at both brokers. Evolution Brokers supports 2 languages and selftrade supports 8, giving selftrade broader global reach. Both brokers are comparable on support quality.
| Feature | Evolution Brokers | selftrade |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic |