B

Evolution Brokers

6/10

Startrader

8.1/10
5/10RegulationWinner9/10
0/10FeesWinner10/10
9/10WinnerPlatforms6/10
10/10Education & ResearchTied10/10
4/10Deposits & WithdrawalsWinner7.5/10
10/10SupportTied10/10

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Overview

Evolution Brokers was founded in 2008 and is headquartered in Belize, while Startrader was established in 2011 and is based in Hong Kong. Evolution Brokers holds licences including Cyprus Securities and Exchange Commission (CySEC), while Startrader is regulated by Financial Conduct Authority (FCA) among others. Evolution Brokers serves 10,000+ clients worldwide; Startrader has 500,000 +. The minimum deposit is $300 at Evolution Brokers and $50 at Startrader.

Startrader wins this category
FeatureEvolution BrokersStartrader
Min. Deposit$300$50
RegulationCyprus Securities and Exchange Commission (CySEC)Financial Conduct Authority (FCA), Saint Vincent and Grenadines (SVG) and Financial Services Authority Seychelles (FSA)
Founded20082011
CountryBelizeHong Kong
Clients10,000+500,000 +

Fees

Fees are a critical factor when choosing between Evolution Brokers and Startrader, directly affecting your bottom line as a trader. Evolution Brokers has a lower barrier to entry with a minimum deposit of $300 (vs $50 at Startrader). Both brokers charge withdrawal fees. Evolution Brokers applies inactivity fees on dormant accounts; Startrader does not. Overall, Startrader scores higher on fees in our assessment.

Startrader wins this category
FeatureEvolution BrokersStartrader
Min. Deposit$300$50
Withdrawal FeesYesYes
Inactivity FeesYesNo
Deposit FeesNoNo
CFD FeesNoYes

Platforms

Evolution Brokers offers MT4, MT5, cTrader, while Startrader supports MT4, MT5, cTrader. Evolution Brokers offers a mobile trading app; mobile availability for Startrader is limited. Startrader supports social and copy trading features, which Evolution Brokers does not offer. Evolution Brokers edges ahead on platform breadth and functionality in our scoring.

Evolution Brokers wins this category
FeatureEvolution BrokersStartrader
MT4YesYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesNo
Android AppYesNo
Trading PlatformsWEB,Desktop,iPhone,MacMT4, MT5 and Web Trader

Education & Research

Education and research tools help traders at every level make more informed decisions, and here's how Evolution Brokers and Startrader 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 BrokersStartrader
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 Startrader supports 4 (bank transfer, credit/debit card, Skrill, Neteller). Startrader uniquely supports Skrill and Neteller among the two brokers. Startrader scores higher on deposit and withdrawal flexibility.

Startrader wins this category
FeatureEvolution BrokersStartrader
Bank TransferYesYes
Credit CardYesYes
PayPalNoNo
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 Startrader 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
FeatureEvolution BrokersStartrader
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, Chinese