Forex Financial Services
Interactive Investor
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Overview
Forex Financial Services was founded in 2008 and is headquartered in Australia, while Interactive Investor was established in 1995 and is based in UK. Forex Financial Services holds licences including Australian Securities and investment Commission (ASIC), while Interactive Investor is regulated by Financial Conduct Authority (FCA) among others. Forex Financial Services serves 10,000+ clients worldwide; Interactive Investor has 10,000+. The minimum deposit is $2500 at Forex Financial Services and $1 at Interactive Investor.
| Feature | Forex Financial Services | Interactive Investor |
|---|---|---|
| Min. Deposit | $2500 | $1 |
| Regulation | Australian Securities and investment Commission (ASIC) | Financial Conduct Authority (FCA) |
| Founded | 2008 | 1995 |
| Country | Australia | UK |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Forex Financial Services and Interactive Investor, directly affecting your bottom line as a trader. Interactive Investor has a lower barrier to entry with a minimum deposit of $1 (vs $2500 at Forex Financial Services). Neither broker charges withdrawal fees. Interactive Investor applies inactivity fees on dormant accounts; Forex Financial Services does not. Forex Financial Services charges deposit fees; Interactive Investor does not. Overall, Interactive Investor scores higher on fees in our assessment.
| Feature | Forex Financial Services | Interactive Investor |
|---|---|---|
| Min. Deposit | $2500 | $1 |
| Withdrawal Fees | No | No |
| Inactivity Fees | No | Yes |
| Deposit Fees | Yes | No |
| CFD Fees | No | No |
Platforms
Forex Financial Services offers MT4, MT5, cTrader, while Interactive Investor 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.
| Feature | Forex Financial Services | Interactive Investor |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MT4 | Web Trader, ProTrader, 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 Interactive Investor compare. Interactive Investor has a video library; Forex Financial Services does not. Interactive Investor integrates third-party research tools (Autochartist); Forex Financial Services does not. Interactive Investor scores higher overall in education and research.
| Feature | Forex Financial Services | Interactive Investor |
|---|---|---|
| Forex Education | No | Yes |
| CFD Education | No | No |
| Weekly Webinars | No | No |
| Daily Commentary | No | No |
| Trading Central | No | No |
| Autochartist | No | Yes |
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 Interactive Investor supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.
| Feature | Forex Financial Services | Interactive Investor |
|---|---|---|
| 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 Financial Services and Interactive Investor 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 Financial Services | Interactive Investor |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |