fx global markets
XGLOBAL Markets
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Overview
fx global markets was founded in 2017 and is headquartered in United States, while XGLOBAL Markets was established in 2008 and is based in Cyprus. Both brokers are regulated by Cyprus Securities and Exchange Commission (CySEC), among other authorities. fx global markets serves 10,000+ clients worldwide; XGLOBAL Markets has 10,000+. The minimum deposit is $250 at fx global markets and $500 at XGLOBAL Markets.
| Feature | fx global markets | XGLOBAL Markets |
|---|---|---|
| Min. Deposit | $250 | $500 |
| Regulation | Cyprus Securities and Exchange Commission (CySEC), with CIF license No. 242/14 | Cyprus Securities and Exchange Commission (CySEC) |
| Founded | 2017 | 2008 |
| Country | United States | Cyprus |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between fx global markets and XGLOBAL Markets, directly affecting your bottom line as a trader. fx global markets has a lower barrier to entry with a minimum deposit of $250 (vs $500 at XGLOBAL Markets). Both brokers charge withdrawal fees. fx global markets charges deposit fees; XGLOBAL Markets does not. The two brokers are broadly comparable on fee structure.
| Feature | fx global markets | XGLOBAL Markets |
|---|---|---|
| Min. Deposit | $250 | $500 |
| Withdrawal Fees | Yes | Yes |
| Inactivity Fees | No | No |
| Deposit Fees | Yes | Yes |
| CFD Fees | No | No |
Platforms
fx global markets offers MT4, MT5, cTrader, while XGLOBAL Markets supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. fx global markets supports social and copy trading features, which XGLOBAL Markets does not offer. The two brokers are closely matched on platform offering.
| Feature | fx global markets | XGLOBAL Markets |
|---|---|---|
| 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,iOS,Android |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how fx global markets and XGLOBAL Markets compare. fx global markets runs regular live webinars; XGLOBAL Markets does not. Both provide video tutorials. fx global markets publishes daily market commentary; XGLOBAL Markets does not. Both integrate third-party research tools. fx global markets maintains an archive of past webinars for on-demand viewing. fx global markets scores higher overall in education and research.
| Feature | fx global markets | XGLOBAL Markets |
|---|---|---|
| Forex Education | Yes | Yes |
| CFD Education | Yes | No |
| Weekly Webinars | Yes | No |
| Daily Commentary | Yes | No |
| Trading Central | Yes | No |
| Autochartist | Yes | Yes |
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 XGLOBAL Markets 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 | XGLOBAL Markets |
|---|---|---|
| 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 XGLOBAL Markets offer live chat support. Both provide phone support. Email support is available at both brokers. fx global markets supports 8 languages and XGLOBAL Markets supports 2, giving fx global markets broader global reach. Both brokers are comparable on support quality.
| Feature | fx global markets | XGLOBAL Markets |
|---|---|---|
| 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 |