Forex EE
XGLOBAL Markets
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Overview
Forex EE was founded in 2008 and is headquartered in Grenadines, while XGLOBAL Markets was established in 2008 and is based in Cyprus. Forex EE holds licences including Ministry of Economic Affairs in Estonia, while XGLOBAL Markets is regulated by Cyprus Securities and Exchange Commission (CySEC) among others. Forex EE serves 10,000+ clients worldwide; XGLOBAL Markets has 10,000+. The minimum deposit is $100 at Forex EE and $500 at XGLOBAL Markets.
| Feature | Forex EE | XGLOBAL Markets |
|---|---|---|
| Min. Deposit | $100 | $500 |
| Regulation | Ministry of Economic Affairs in Estonia | Cyprus Securities and Exchange Commission (CySEC) |
| Founded | 2008 | 2008 |
| Country | Grenadines | Cyprus |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Forex EE and XGLOBAL Markets, directly affecting your bottom line as a trader. Forex EE has a lower barrier to entry with a minimum deposit of $100 (vs $500 at XGLOBAL Markets). Both brokers charge withdrawal fees. XGLOBAL Markets charges deposit fees; Forex EE does not. Overall, Forex EE scores higher on fees in our assessment.
| Feature | Forex EE | XGLOBAL Markets |
|---|---|---|
| Min. Deposit | $100 | $500 |
| Withdrawal Fees | Yes | Yes |
| Inactivity Fees | No | No |
| Deposit Fees | No | Yes |
| CFD Fees | No | No |
Platforms
Forex EE offers MT5, cTrader, while XGLOBAL Markets supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. XGLOBAL Markets edges ahead on platform breadth and functionality in our scoring.
| Feature | Forex EE | XGLOBAL Markets |
|---|---|---|
| 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 | Desktop,iOS,Android |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Forex EE and XGLOBAL Markets compare. Both provide video tutorials. Both integrate third-party research tools. The two brokers are evenly matched on educational content.
| Feature | Forex EE | XGLOBAL Markets |
|---|---|---|
| Forex Education | Yes | Yes |
| CFD Education | No | No |
| Weekly Webinars | No | No |
| Daily Commentary | No | No |
| Trading Central | No | No |
| Autochartist | Yes | Yes |
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 XGLOBAL Markets supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.
| Feature | Forex EE | XGLOBAL Markets |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | No |
| Skrill | No | No |
| Neteller | No | No |
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 XGLOBAL Markets 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.
| Feature | Forex EE | XGLOBAL Markets |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |