B
Forex.com logo

Forex.com

7.4/10

jfd wealth

6.4/10
10/10RegulationTied10/10
0/10FeesTied0/10
9/10PlatformsTied9/10
6/10WinnerEducation & Research0/10
6.5/10Deposits & WithdrawalsWinner10/10
10/10SupportTied10/10

BrokerDataNet earns affiliate commission from brokers listed on this site. This does not affect our ratings or editorial independence.

Overview

Forex.com was founded in 2001 and is headquartered in United States, while jfd wealth was established in 2020 and is based in Australia. Both brokers are regulated by Financial Conduct Authority (FCA), among other authorities. Forex.com serves 150,000+ clients worldwide; jfd wealth has 250,000+. The minimum deposit is Typical at Forex.com and $250 at jfd wealth.

Forex.com wins this category
FeatureForex.comjfd wealth
Min. DepositTypical$250
RegulationFinancial Conduct Authority (FCA), Cayman Islands Monetary Authority (CIMA), Investment Industry Regulatory Organization of Canada (IIROC), National Futures Association (NFA)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-F263
Founded20012020
CountryUnited StatesAustralia
Clients150,000+250,000+

Fees

Fees are a critical factor when choosing between Forex.com and jfd wealth, directly affecting your bottom line as a trader. jfd wealth has a lower barrier to entry with a minimum deposit of $250 (vs Typical at Forex.com). Both brokers charge withdrawal fees. Both brokers charge inactivity fees on dormant accounts, worth noting if you trade infrequently. Forex.com charges deposit fees; jfd wealth does not. The two brokers are broadly comparable on fee structure.

Tied
FeatureForex.comjfd wealth
Min. DepositTypical$250
Withdrawal FeesYesYes
Inactivity FeesYesYes
Deposit FeesYesYes
CFD FeesYesYes

Platforms

Forex.com offers MT4, MT5, cTrader, while jfd wealth supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Forex.com supports social and copy trading features, which jfd wealth does not offer. The two brokers are closely matched on platform offering.

Tied
FeatureForex.comjfd wealth
MT4YesYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMT4, MT5, WebTrader, Advantage Trader Pro, TradingView, Tablet and mobile appsMT4, 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 Forex.com and jfd wealth compare. Forex.com runs regular live webinars; jfd wealth does not. Forex.com has a video library; jfd wealth does not. Forex.com publishes daily market commentary; jfd wealth does not. Forex.com integrates third-party research tools (Trading Central); jfd wealth does not. Forex.com maintains an archive of past webinars for on-demand viewing. Forex.com scores higher overall in education and research.

Forex.com wins this category
FeatureForex.comjfd wealth
Forex EducationNoNo
CFD EducationYesNo
Weekly WebinarsYesNo
Daily CommentaryYesNo
Trading CentralYesNo
AutochartistNoNo

Deposits & Withdrawals

Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Forex.com accepts 3 of the tracked payment methods (bank transfer, credit/debit card, PayPal), while jfd wealth supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). jfd wealth uniquely supports Skrill and Neteller among the two brokers. jfd wealth scores higher on deposit and withdrawal flexibility.

jfd wealth wins this category
FeatureForex.comjfd wealth
Bank TransferYesYes
Credit CardYesYes
PayPalYesYes
SkrillNoYes
NetellerNoYes

Support

Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both Forex.com and jfd wealth offer live chat support. Both provide phone support. Email support is available at both brokers. Forex.com supports 3 languages and jfd wealth supports 8, giving jfd wealth broader global reach. Both brokers are comparable on support quality.

Tied
FeatureForex.comjfd wealth
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, Chinese, ArabicEnglish, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic