B

Forex Financial Services

5.2/10

Trading212

7.1/10
8/10RegulationWinner10/10
0/10FeesWinner10/10
9/10PlatformsTied9/10
0/10Education & ResearchWinner4/10
4/10Deposits & WithdrawalsWinner8/10
10/10WinnerSupport7/10

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Overview

Forex Financial Services was founded in 2008 and is headquartered in Australia, while Trading212 was established in 2006 and is based in UK. Forex Financial Services holds licences including Australian Securities and investment Commission (ASIC), while Trading212 is regulated by Financial Conduct Authority (FCA) among others. Forex Financial Services serves 10,000+ clients worldwide; Trading212 has 1,500,000+. The minimum deposit is $2500 at Forex Financial Services and $1 at Trading212.

Trading212 wins this category
FeatureForex Financial ServicesTrading212
Min. Deposit$2500$1
RegulationAustralian Securities and investment Commission (ASIC)Financial Conduct Authority (FCA), Financial Supervision Commission (FSC)
Founded20082006
CountryAustraliaUK
Clients10,000+1,500,000+

Fees

Fees are a critical factor when choosing between Forex Financial Services and Trading212, directly affecting your bottom line as a trader. Trading212 has a lower barrier to entry with a minimum deposit of $1 (vs $2500 at Forex Financial Services). Neither broker charges withdrawal fees. Forex Financial Services charges deposit fees; Trading212 does not. Overall, Trading212 scores higher on fees in our assessment.

Trading212 wins this category
FeatureForex Financial ServicesTrading212
Min. Deposit$2500$1
Withdrawal FeesNoNo
Inactivity FeesNoNo
Deposit FeesYesNo
CFD FeesNoNo

Platforms

Forex Financial Services offers MT4, MT5, cTrader, while Trading212 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 ServicesTrading212
MT4YesYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMT4MT4, MT5, 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 Financial Services and Trading212 compare. Trading212 has a video library; Forex Financial Services does not. Trading212 integrates third-party research tools (Autochartist); Forex Financial Services does not. Trading212 scores higher overall in education and research.

Trading212 wins this category
FeatureForex Financial ServicesTrading212
Forex EducationNoYes
CFD EducationNoNo
Weekly WebinarsNoNo
Daily CommentaryNoNo
Trading CentralNoNo
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 Trading212 supports 4 (bank transfer, credit/debit card, PayPal, Skrill). Trading212 uniquely supports PayPal and Skrill among the two brokers. Trading212 scores higher on deposit and withdrawal flexibility.

Trading212 wins this category
FeatureForex Financial ServicesTrading212
Bank TransferYesYes
Credit CardYesYes
PayPalNoYes
SkrillNoYes
NetellerNoNo

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 Trading212 offer live chat support. Forex Financial Services offers phone support; Trading212 does not. Email support is available at both brokers. Forex Financial Services supports 2 languages and Trading212 supports 13, giving Trading212 broader global reach. Forex Financial Services scores higher overall on customer support in our assessment.

Forex Financial Services wins this category
FeatureForex Financial ServicesTrading212
Live ChatYesYes
Phone SupportYesNo
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, German, Netherlands, Spanish, French, Italian, Polish, Serbian, Norwegian, Swedish, Czech, Romanian, Turkish