Forex.com
onetrade
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Overview
Forex.com was founded in 2001 and is headquartered in United States, while onetrade was established in 2011 and is based in Russia. Both brokers are regulated by Financial Conduct Authority (FCA), among other authorities. Forex.com serves 150,000+ clients worldwide; onetrade has 142,500+. The minimum deposit is Typical at Forex.com and $250 at onetrade.
| Feature | Forex.com | onetrade |
|---|---|---|
| Min. Deposit | Typical | $250 |
| Regulation | Financial 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-F290 |
| Founded | 2001 | 2011 |
| Country | United States | Russia |
| Clients | 150,000+ | 142,500+ |
Fees
Fees are a critical factor when choosing between Forex.com and onetrade, directly affecting your bottom line as a trader. onetrade has a lower barrier to entry with a minimum deposit of $250 (vs Typical at Forex.com). Forex.com charges withdrawal fees while onetrade does not, a notable advantage for frequent withdrawers. Forex.com applies inactivity fees on dormant accounts; onetrade does not. Forex.com charges deposit fees; onetrade does not. Overall, onetrade scores higher on fees in our assessment.
| Feature | Forex.com | onetrade |
|---|---|---|
| Min. Deposit | Typical | $250 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | Yes | No |
| Deposit Fees | Yes | No |
| CFD Fees | Yes | No |
Platforms
Forex.com offers MT4, MT5, cTrader, while onetrade supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Forex.com supports social and copy trading features, which onetrade does not offer. The two brokers are closely matched on platform offering.
| Feature | Forex.com | onetrade |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MT4, MT5, WebTrader, Advantage Trader Pro, TradingView, Tablet and mobile apps | 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 Forex.com and onetrade compare. Forex.com runs regular live webinars; onetrade does not. Both provide video tutorials. Forex.com publishes daily market commentary; onetrade does not. Both integrate third-party research tools. Forex.com maintains an archive of past webinars for on-demand viewing. Forex.com scores higher overall in education and research.
| Feature | Forex.com | onetrade |
|---|---|---|
| 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. Forex.com accepts 3 of the tracked payment methods (bank transfer, credit/debit card, PayPal), while onetrade supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). onetrade uniquely supports Skrill and Neteller among the two brokers. onetrade scores higher on deposit and withdrawal flexibility.
| Feature | Forex.com | onetrade |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | Yes | 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 Forex.com and onetrade offer live chat support. Both provide phone support. Email support is available at both brokers. Forex.com supports 3 languages and onetrade supports 8, giving onetrade broader global reach. Both brokers are comparable on support quality.
| Feature | Forex.com | onetrade |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, Chinese, Arabic | English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic |