Forex EE
Zerodha
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Overview
Forex EE was founded in 2008 and is headquartered in Grenadines, while Zerodha was established in 2010 and is based in India. Forex EE holds licences including Ministry of Economic Affairs in Estonia, while Zerodha is regulated by Securities and Exchange Board of India (SEBI) among others. Forex EE serves 10,000+ clients worldwide; Zerodha has 1,500,000+. The minimum deposit is $100 at Forex EE and $0 at Zerodha.
| Feature | Forex EE | Zerodha |
|---|---|---|
| Min. Deposit | $100 | $0 |
| Regulation | Ministry of Economic Affairs in Estonia | Securities and Exchange Board of India (SEBI), Member of the Bombay Stock Exchange |
| Founded | 2008 | 2010 |
| Country | Grenadines | India |
| Clients | 10,000+ | 1,500,000+ |
Fees
Fees are a critical factor when choosing between Forex EE and Zerodha, directly affecting your bottom line as a trader. Zerodha has a lower barrier to entry with a minimum deposit of $0 (vs $100 at Forex EE). Forex EE charges withdrawal fees while Zerodha does not, a notable advantage for frequent withdrawers. Zerodha charges deposit fees; Forex EE does not. Overall, Zerodha scores higher on fees in our assessment.
| Feature | Forex EE | Zerodha |
|---|---|---|
| Min. Deposit | $100 | $0 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | No | No |
| Deposit Fees | No | Yes |
| CFD Fees | No | Yes |
Platforms
Forex EE offers MT5, cTrader, while Zerodha supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Zerodha edges ahead on platform breadth and functionality in our scoring.
| Feature | Forex EE | Zerodha |
|---|---|---|
| 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 | 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 Zerodha compare. Zerodha runs regular live webinars; Forex EE does not. Both provide video tutorials. Zerodha publishes daily market commentary; Forex EE does not. Both integrate third-party research tools. Zerodha maintains an archive of past webinars for on-demand viewing. Zerodha scores higher overall in education and research.
| Feature | Forex EE | Zerodha |
|---|---|---|
| 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 Zerodha supports 1 (bank transfer). Forex EE uniquely supports credit/debit card among the two brokers. Forex EE scores higher on deposit and withdrawal flexibility.
| Feature | Forex EE | Zerodha |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | No |
| 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 Zerodha offer live chat support. Both provide phone support. Email support is available at both brokers. Forex EE supports 2 languages and Zerodha supports 13, giving Zerodha broader global reach. Both brokers are comparable on support quality.
| Feature | Forex EE | Zerodha |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, Deutsch, Nederlands, Espanol, Francais, Italiano, Polski, Srpski, Norsk, Svenska, Cesky, Romana, Turkce |