B

Forex Euroclub

6.3/10

fx next

8.3/10
5/10RegulationWinner10/10
8/10WinnerFees0/10
9/10PlatformsTied9/10
4/10Education & ResearchWinner10/10
4/10Deposits & WithdrawalsWinner10/10
10/10SupportTied10/10

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Overview

Forex Euroclub was founded in 2008 and is headquartered in Russia, while fx next was established in 2018 and is based in Dubai. Forex Euroclub holds licences including Unregulated, while fx next is regulated by Financial Conduct Authority (FCA) among others. Forex Euroclub serves 10,000+ clients worldwide; fx next has 10,000+. The minimum deposit is $100 at Forex Euroclub and $250 at fx next.

fx next wins this category
FeatureForex Euroclubfx next
Min. Deposit$100$250
RegulationUnregulatedFinancial 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-F237
Founded20082018
CountryRussiaDubai
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between Forex Euroclub and fx next, directly affecting your bottom line as a trader. Forex Euroclub has a lower barrier to entry with a minimum deposit of $100 (vs $250 at fx next). fx next charges withdrawal fees while Forex Euroclub does not, giving Forex Euroclub an edge for frequent withdrawers. fx next applies inactivity fees on dormant accounts; Forex Euroclub does not. fx next charges deposit fees; Forex Euroclub does not. Overall, Forex Euroclub scores higher on fees in our assessment.

Forex Euroclub wins this category
FeatureForex Euroclubfx next
Min. Deposit$100$250
Withdrawal FeesNoYes
Inactivity FeesNoYes
Deposit FeesNoYes
CFD FeesNoYes

Platforms

Forex Euroclub offers MT4, MT5, cTrader, while fx next supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. The two brokers are closely matched on platform offering.

Tied
FeatureForex Euroclubfx next
MT4YesYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMT4,WEB,iPhone,MacMT4, 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 Euroclub and fx next compare. fx next runs regular live webinars; Forex Euroclub does not. Both provide video tutorials. fx next publishes daily market commentary; Forex Euroclub does not. Both integrate third-party research tools. fx next maintains an archive of past webinars for on-demand viewing. fx next scores higher overall in education and research.

fx next wins this category
FeatureForex Euroclubfx next
Forex EducationYesYes
CFD EducationNoYes
Weekly WebinarsNoYes
Daily CommentaryNoYes
Trading CentralNoYes
AutochartistYesYes

Deposits & Withdrawals

Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Forex Euroclub accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while fx next supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). fx next uniquely supports PayPal and Skrill and Neteller among the two brokers. fx next scores higher on deposit and withdrawal flexibility.

fx next wins this category
FeatureForex Euroclubfx next
Bank TransferYesYes
Credit CardYesYes
PayPalNoYes
SkrillNoYes
NetellerNoYes

Support

Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both Forex Euroclub and fx next offer live chat support. Both provide phone support. Email support is available at both brokers. Forex Euroclub supports 2 languages and fx next supports 8, giving fx next broader global reach. Both brokers are comparable on support quality.

Tied
FeatureForex Euroclubfx next
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic