ForexVox
fx private
BrokerDataNet earns affiliate commission from brokers listed on this site. This does not affect our ratings or editorial independence.
Overview
ForexVox was founded in 2019 and is headquartered in UK, while fx private was established in 2020 and is based in USA. ForexVox holds licences including Financial Conduct Authority (FCA) in the United Kingdom, while fx private is regulated by Financial Conduct Authority (FCA) among others. ForexVox serves 10,000+ clients worldwide; fx private has 12,000,000+. The minimum deposit is $0 at ForexVox and $250 at fx private.
| Feature | ForexVox | fx private |
|---|---|---|
| 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-F239 |
| Founded | 2019 | 2020 |
| Country | UK | USA |
| Clients | 10,000+ | 12,000,000+ |
Fees
Fees are a critical factor when choosing between ForexVox and fx private, 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 private). Both brokers charge withdrawal fees. Overall, ForexVox scores higher on fees in our assessment.
| Feature | ForexVox | fx private |
|---|---|---|
| Min. Deposit | $0 | $250 |
| Withdrawal Fees | Yes | Yes |
| Inactivity Fees | No | No |
| Deposit Fees | No | No |
| CFD Fees | No | No |
Platforms
ForexVox offers MT4, MT5, while fx private supports MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. ForexVox supports social and copy trading features, which fx private does not offer. fx private edges ahead on platform breadth and functionality in our scoring.
| Feature | ForexVox | fx private |
|---|---|---|
| MT4 | Yes | No |
| 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 private compare. ForexVox runs regular live webinars; fx private does not. Both provide video tutorials. ForexVox publishes daily market commentary; fx private does not. fx private integrates third-party research tools (Autochartist); ForexVox does not. ForexVox scores higher overall in education and research.
| Feature | ForexVox | fx private |
|---|---|---|
| Forex Education | Yes | Yes |
| CFD Education | Yes | No |
| Weekly Webinars | Yes | No |
| Daily Commentary | Yes | 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. ForexVox accepts 5 of the tracked payment methods (bank transfer, credit/debit card, PayPal, Skrill, Neteller), while fx private supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). Both brokers support the same set of payment methods.
| Feature | ForexVox | fx private |
|---|---|---|
| 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 private offer live chat support. Both provide phone support. Email support is available at both brokers. ForexVox supports 4 languages and fx private supports 8, giving fx private broader global reach. Both brokers are comparable on support quality.
| Feature | ForexVox | fx private |
|---|---|---|
| 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 |