B

Forex Financial Services

5.2/10

FxPro

8.3/10
8/10RegulationWinner10/10
0/10FeesWinner6/10
9/10PlatformsTied9/10
0/10Education & ResearchWinner6/10
4/10Deposits & WithdrawalsWinner10/10
10/10SupportTied10/10

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Overview

Forex Financial Services was founded in 2008 and is headquartered in Australia, while FxPro was established in 2006 and is based in UK. Forex Financial Services holds licences including Australian Securities and investment Commission (ASIC), while FxPro is regulated by Financial Conduct Authority (FCA) among others. Forex Financial Services serves 10,000+ clients worldwide; FxPro has 10,000+. The minimum deposit is $2500 at Forex Financial Services and $100 at FxPro.

FxPro wins this category
FeatureForex Financial ServicesFxPro
Min. Deposit$2500$100
RegulationAustralian Securities and investment Commission (ASIC)Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Financial Sector Conduct Authority (FSCA), Securities Commission of The Bahamas (SCB), Dubai Financial Services Authority (DFSA)
Founded20082006
CountryAustraliaUK
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between Forex Financial Services and FxPro, directly affecting your bottom line as a trader. FxPro has a lower barrier to entry with a minimum deposit of $100 (vs $2500 at Forex Financial Services). Neither broker charges withdrawal fees. FxPro applies inactivity fees on dormant accounts; Forex Financial Services does not. Forex Financial Services charges deposit fees; FxPro does not. Overall, FxPro scores higher on fees in our assessment.

FxPro wins this category
FeatureForex Financial ServicesFxPro
Min. Deposit$2500$100
Withdrawal FeesNoNo
Inactivity FeesNoYes
Deposit FeesYesNo
CFD FeesNoYes

Platforms

Forex Financial Services offers MT4, MT5, cTrader, while FxPro supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Both brokers support copy or social trading, catering to less hands-on investors. The two brokers are closely matched on platform offering.

Tied
FeatureForex Financial ServicesFxPro
MT4YesYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMT4MT4, MT5, cTrader, Tablet & Mobile apps

Education & Research

Education and research tools help traders at every level make more informed decisions, and here's how Forex Financial Services and FxPro compare. FxPro runs regular live webinars; Forex Financial Services does not. FxPro has a video library; Forex Financial Services does not. FxPro publishes daily market commentary; Forex Financial Services does not. FxPro integrates third-party research tools (Trading Central); Forex Financial Services does not. FxPro maintains an archive of past webinars for on-demand viewing. FxPro scores higher overall in education and research.

FxPro wins this category
FeatureForex Financial ServicesFxPro
Forex EducationNoNo
CFD EducationNoYes
Weekly WebinarsNoYes
Daily CommentaryNoYes
Trading CentralNoYes
AutochartistNoNo

Deposits & Withdrawals

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

FxPro wins this category
FeatureForex Financial ServicesFxPro
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 Financial Services and FxPro offer live chat support. Both provide phone support. Email support is available at both brokers. Forex Financial Services supports 2 languages and FxPro supports 15, giving FxPro broader global reach. Both brokers are comparable on support quality.

Tied
FeatureForex Financial ServicesFxPro
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseArabic, Chinese, English, French, German, Hungarian, Indonesian, Italian, Japanese, Korean, Polish, Portuguese, Russian, Spanish, and Vietnamese