Forex EE
fx central clearing
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Overview
Forex EE was founded in 2008 and is headquartered in Grenadines, while fx central clearing was established in 2015 and is based in Portugal. Forex EE holds licences including Ministry of Economic Affairs in Estonia, while fx central clearing is regulated by Financial Conduct Authority (FCA) among others. Forex EE serves 10,000+ clients worldwide; fx central clearing has 30,000+. The minimum deposit is $100 at Forex EE and $250 at fx central clearing.
| Feature | Forex EE | fx central clearing |
|---|---|---|
| Min. Deposit | $100 | $250 |
| Regulation | Ministry of Economic Affairs in Estonia | 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-F234 |
| Founded | 2008 | 2015 |
| Country | Grenadines | Portugal |
| Clients | 10,000+ | 30,000+ |
Fees
Fees are a critical factor when choosing between Forex EE and fx central clearing, directly affecting your bottom line as a trader. Forex EE has a lower barrier to entry with a minimum deposit of $100 (vs $250 at fx central clearing). Forex EE charges withdrawal fees while fx central clearing does not, a notable advantage for frequent withdrawers. fx central clearing applies inactivity fees on dormant accounts; Forex EE does not. Overall, Forex EE scores higher on fees in our assessment.
| Feature | Forex EE | fx central clearing |
|---|---|---|
| Min. Deposit | $100 | $250 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | No | Yes |
| Deposit Fees | No | No |
| CFD Fees | No | No |
Platforms
Forex EE offers MT5, cTrader, while fx central clearing supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. fx central clearing edges ahead on platform breadth and functionality in our scoring.
| Feature | Forex EE | fx central clearing |
|---|---|---|
| MT4 | No | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MetaTrader 4 | 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 EE and fx central clearing compare. fx central clearing runs regular live webinars; Forex EE does not. Both provide video tutorials. fx central clearing publishes daily market commentary; Forex EE does not. Both integrate third-party research tools. fx central clearing maintains an archive of past webinars for on-demand viewing. fx central clearing scores higher overall in education and research.
| Feature | Forex EE | fx central clearing |
|---|---|---|
| Forex Education | Yes | No |
| CFD Education | No | Yes |
| Weekly Webinars | No | Yes |
| Daily Commentary | No | Yes |
| Trading Central | No | Yes |
| Autochartist | Yes | No |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Forex EE accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while fx central clearing supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). fx central clearing uniquely supports PayPal and Skrill and Neteller among the two brokers. fx central clearing scores higher on deposit and withdrawal flexibility.
| Feature | Forex EE | fx central clearing |
|---|---|---|
| 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 Forex EE and fx central clearing offer live chat support. Both provide phone support. Email support is available at both brokers. Forex EE supports 2 languages and fx central clearing supports 8, giving fx central clearing broader global reach. Both brokers are comparable on support quality.
| Feature | Forex EE | fx central clearing |
|---|---|---|
| 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 |