ForexVox
fx open
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Overview
ForexVox was founded in 2019 and is headquartered in UK, while fx open was established in 2019 and is based in Puerto Rico. ForexVox holds licences including Financial Conduct Authority (FCA) in the United Kingdom, while fx open is regulated by Financial Conduct Authority (FCA) among others. ForexVox serves 10,000+ clients worldwide; fx open has 60,000+. The minimum deposit is $0 at ForexVox and $250 at fx open.
| Feature | ForexVox | fx open |
|---|---|---|
| Min. Deposit | $0 | $250 |
| Regulation | Financial Conduct Authority (FCA) in the United Kingdom, FCA Register no: 586541, Financial Services Authority in Seychelles No: SD028 | 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-F238 |
| Founded | 2019 | 2019 |
| Country | UK | Puerto Rico |
| Clients | 10,000+ | 60,000+ |
Fees
Fees are a critical factor when choosing between ForexVox and fx open, directly affecting your bottom line as a trader. ForexVox has a lower barrier to entry with a minimum deposit of $0 (vs $250 at fx open). ForexVox charges withdrawal fees while fx open does not, a notable advantage for frequent withdrawers. Overall, ForexVox scores higher on fees in our assessment.
| Feature | ForexVox | fx open |
|---|---|---|
| Min. Deposit | $0 | $250 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | No | No |
| Deposit Fees | No | No |
| CFD Fees | No | No |
Platforms
ForexVox offers MT4, MT5, while fx open supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. ForexVox supports social and copy trading features, which fx open does not offer. fx open edges ahead on platform breadth and functionality in our scoring.
| Feature | ForexVox | fx open |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | No | Yes |
| Windows App | Yes | Yes |
| iOS App | No | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MT4, MT5 | MT4, 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 ForexVox and fx open compare. Both brokers run regular live webinars. Both provide video tutorials, including advanced content. Daily market commentary is available from both brokers. fx open integrates third-party research tools (Trading Central); ForexVox does not. fx open maintains an archive of past webinars for on-demand viewing. ForexVox scores higher overall in education and research.
| Feature | ForexVox | fx open |
|---|---|---|
| Forex Education | Yes | No |
| CFD Education | Yes | Yes |
| Weekly Webinars | Yes | Yes |
| Daily Commentary | Yes | Yes |
| Trading Central | No | Yes |
| Autochartist | No | No |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. ForexVox accepts 5 of the tracked payment methods (bank transfer, credit/debit card, PayPal, Skrill, Neteller), while fx open supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). Both brokers support the same set of payment methods.
| Feature | ForexVox | fx open |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | Yes | Yes |
| Skrill | Yes | Yes |
| Neteller | Yes | Yes |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both ForexVox and fx open offer live chat support. Both provide phone support. Email support is available at both brokers. ForexVox supports 4 languages and fx open supports 8, giving fx open broader global reach. Both brokers are comparable on support quality.
| Feature | ForexVox | fx open |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, Russian, Indonesian, Malaysian | English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic |