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Forex EE logo

Forex EE

6.4/10

GDMFX

5.6/10
6/10WinnerRegulation3/10
6/10FeesTied6/10
7/10PlatformsWinner9/10
4/10Education & ResearchTied4/10
4/10Deposits & WithdrawalsTied4/10
10/10SupportTied10/10

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Overview

Forex EE was founded in 2008 and is headquartered in Grenadines, while GDMFX was established in 2012 and is based in Anguilla. Forex EE holds licences including Ministry of Economic Affairs in Estonia, while GDMFX is regulated by Unregulated among others. Forex EE serves 10,000+ clients worldwide; GDMFX has 10,000+. Both brokers share the same minimum deposit of $100.

Forex EE wins this category
FeatureForex EEGDMFX
Min. Deposit$100$100
RegulationMinistry of Economic Affairs in EstoniaUnregulated
Founded20082012
CountryGrenadinesAnguilla
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between Forex EE and GDMFX, directly affecting your bottom line as a trader. Both require a minimum deposit of $100. Forex EE charges withdrawal fees while GDMFX does not, a notable advantage for frequent withdrawers. GDMFX charges deposit fees; Forex EE does not. The two brokers are broadly comparable on fee structure.

Tied
FeatureForex EEGDMFX
Min. Deposit$100$100
Withdrawal FeesYesNo
Inactivity FeesNoNo
Deposit FeesNoYes
CFD FeesNoYes

Platforms

Forex EE offers MT5, cTrader, while GDMFX supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. GDMFX supports social and copy trading features, which Forex EE does not offer. GDMFX edges ahead on platform breadth and functionality in our scoring.

GDMFX wins this category
FeatureForex EEGDMFX
MT4NoYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMetaTrader 4MT4, Web Trader, 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 GDMFX compare. Both provide video tutorials. Both integrate third-party research tools. The two brokers are evenly matched on educational content.

Tied
FeatureForex EEGDMFX
Forex EducationYesYes
CFD EducationNoNo
Weekly WebinarsNoNo
Daily CommentaryNoNo
Trading CentralNoNo
AutochartistYesYes

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 GDMFX supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.

Tied
FeatureForex EEGDMFX
Bank TransferYesYes
Credit CardYesYes
PayPalNoNo
SkrillNoNo
NetellerNoNo

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 GDMFX 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
FeatureForex EEGDMFX
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, and Chinese