fx global markets
WIT Invest
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Overview
fx global markets was founded in 2017 and is headquartered in United States, while WIT Invest was established in 2008 and is based in Saint Vincent and the Grenadines. fx global markets holds licences including Cyprus Securities and Exchange Commission (CySEC), while WIT Invest is regulated by Unregulated among others. fx global markets serves 10,000+ clients worldwide; WIT Invest has 10,000+. The minimum deposit is $250 at fx global markets and $100 at WIT Invest.
| Feature | fx global markets | WIT Invest |
|---|---|---|
| Min. Deposit | $250 | $100 |
| Regulation | Cyprus Securities and Exchange Commission (CySEC), with CIF license No. 242/14 | Unregulated |
| Founded | 2017 | 2008 |
| Country | United States | Saint Vincent and the Grenadines |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between fx global markets and WIT Invest, directly affecting your bottom line as a trader. WIT Invest has a lower barrier to entry with a minimum deposit of $100 (vs $250 at fx global markets). fx global markets charges withdrawal fees while WIT Invest does not, a notable advantage for frequent withdrawers. fx global markets charges deposit fees; WIT Invest does not. Overall, WIT Invest scores higher on fees in our assessment.
| Feature | fx global markets | WIT Invest |
|---|---|---|
| Min. Deposit | $250 | $100 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | No | No |
| Deposit Fees | Yes | Yes |
| CFD Fees | No | Yes |
Platforms
fx global markets offers MT4, MT5, cTrader, while WIT Invest 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 | fx global markets | WIT Invest |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps | Desktop, Tablet & Mobile apps,Mac |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how fx global markets and WIT Invest compare. Both brokers run regular live webinars. Both provide video tutorials, including advanced content. Daily market commentary is available from both brokers. Both integrate third-party research tools including Trading Central. Archived webinars are available at both brokers for self-paced learning. fx global markets scores higher overall in education and research.
| Feature | fx global markets | WIT Invest |
|---|---|---|
| Forex Education | Yes | No |
| CFD Education | Yes | Yes |
| Weekly Webinars | Yes | Yes |
| Daily Commentary | Yes | Yes |
| Trading Central | Yes | Yes |
| Autochartist | Yes | No |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. fx global markets accepts 5 of the tracked payment methods (bank transfer, credit/debit card, PayPal, Skrill, Neteller), while WIT Invest supports 2 (bank transfer, credit/debit card). fx global markets uniquely supports PayPal and Skrill and Neteller among the two brokers. fx global markets scores higher on deposit and withdrawal flexibility.
| Feature | fx global markets | WIT Invest |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | Yes | No |
| Skrill | Yes | No |
| Neteller | Yes | No |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both fx global markets and WIT Invest offer live chat support. Both provide phone support. Email support is available at both brokers. fx global markets supports 8 languages and WIT Invest supports 2, giving fx global markets broader global reach. Both brokers are comparable on support quality.
| Feature | fx global markets | WIT Invest |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic | English, and Chinese |