B

Forex Financial Services

5.2/10

kawase

8.4/10
8/10RegulationWinner10/10
0/10FeesWinner1/10
9/10PlatformsTied9/10
0/10Education & ResearchWinner10/10
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 kawase was established in 2011 and is based in Australia. Forex Financial Services holds licences including Australian Securities and investment Commission (ASIC), while kawase is regulated by Financial Conduct Authority (FCA) among others. Forex Financial Services serves 10,000+ clients worldwide; kawase has 3,500,000+. The minimum deposit is $2500 at Forex Financial Services and $250 at kawase.

kawase wins this category
FeatureForex Financial Serviceskawase
Min. Deposit$2500$250
RegulationAustralian Securities and investment Commission (ASIC)Financial 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-F266
Founded20082011
CountryAustraliaAustralia
Clients10,000+3,500,000+

Fees

Fees are a critical factor when choosing between Forex Financial Services and kawase, directly affecting your bottom line as a trader. kawase has a lower barrier to entry with a minimum deposit of $250 (vs $2500 at Forex Financial Services). Neither broker charges withdrawal fees. Forex Financial Services charges deposit fees; kawase does not. Overall, kawase scores higher on fees in our assessment.

kawase wins this category
FeatureForex Financial Serviceskawase
Min. Deposit$2500$250
Withdrawal FeesNoNo
Inactivity FeesNoNo
Deposit FeesYesNo
CFD FeesNoNo

Platforms

Forex Financial Services offers MT4, MT5, cTrader, while kawase supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Forex Financial Services supports social and copy trading features, which kawase does not offer. The two brokers are closely matched on platform offering.

Tied
FeatureForex Financial Serviceskawase
MT4YesYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMT4MT4, 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 Financial Services and kawase compare. kawase runs regular live webinars; Forex Financial Services does not. kawase has a video library; Forex Financial Services does not. kawase publishes daily market commentary; Forex Financial Services does not. kawase integrates third-party research tools (Trading Central, Autochartist); Forex Financial Services does not. kawase maintains an archive of past webinars for on-demand viewing. kawase scores higher overall in education and research.

kawase wins this category
FeatureForex Financial Serviceskawase
Forex EducationNoYes
CFD EducationNoYes
Weekly WebinarsNoYes
Daily CommentaryNoYes
Trading CentralNoYes
AutochartistNoYes

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 kawase supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). kawase uniquely supports PayPal and Skrill and Neteller among the two brokers. kawase scores higher on deposit and withdrawal flexibility.

kawase wins this category
FeatureForex Financial Serviceskawase
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 kawase offer live chat support. Both provide phone support. Email support is available at both brokers. Forex Financial Services supports 2 languages and kawase supports 8, giving kawase broader global reach. Both brokers are comparable on support quality.

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