B

fx next

8.3/10

td ameritrade

7/10
10/10RegulationTied10/10
0/10FeesWinner1/10
9/10PlatformsTied9/10
10/10WinnerEducation & Research0/10
10/10Deposits & WithdrawalsTied10/10
10/10SupportTied10/10

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Overview

fx next was founded in 2018 and is headquartered in Dubai, while td ameritrade was established in 2016 and is based in Malta. Both brokers are regulated by Financial Conduct Authority (FCA), among other authorities. fx next serves 10,000+ clients worldwide; td ameritrade has 10,000+. Both brokers share the same minimum deposit of $250.

fx next wins this category
Featurefx nexttd ameritrade
Min. Deposit$250$250
RegulationFinancial 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-F237Financial 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-F319
Founded20182016
CountryDubaiMalta
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between fx next and td ameritrade, directly affecting your bottom line as a trader. Both require a minimum deposit of $250. fx next charges withdrawal fees while td ameritrade does not, a notable advantage for frequent withdrawers. fx next applies inactivity fees on dormant accounts; td ameritrade does not. fx next charges deposit fees; td ameritrade does not. Overall, td ameritrade scores higher on fees in our assessment.

td ameritrade wins this category
Featurefx nexttd ameritrade
Min. Deposit$250$250
Withdrawal FeesYesNo
Inactivity FeesYesNo
Deposit FeesYesNo
CFD FeesYesNo

Platforms

fx next offers MT4, MT5, cTrader, while td ameritrade supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. The two brokers are closely matched on platform offering.

Tied
Featurefx nexttd ameritrade
MT4YesYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile appsMT4, 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 fx next and td ameritrade compare. fx next runs regular live webinars; td ameritrade does not. fx next has a video library; td ameritrade does not. fx next publishes daily market commentary; td ameritrade does not. fx next integrates third-party research tools (Trading Central, Autochartist); td ameritrade does not. fx next maintains an archive of past webinars for on-demand viewing. fx next scores higher overall in education and research.

fx next wins this category
Featurefx nexttd ameritrade
Forex EducationYesNo
CFD EducationYesNo
Weekly WebinarsYesNo
Daily CommentaryYesNo
Trading CentralYesNo
AutochartistYesNo

Deposits & Withdrawals

Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. fx next accepts 5 of the tracked payment methods (bank transfer, credit/debit card, PayPal, Skrill, Neteller), while td ameritrade supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). Both brokers support the same set of payment methods.

Tied
Featurefx nexttd ameritrade
Bank TransferYesYes
Credit CardYesYes
PayPalYesYes
SkrillYesYes
NetellerYesYes

Support

Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both fx next and td ameritrade offer live chat support. Both provide phone support. Email support is available at both brokers. Both brokers offer support in 8 languages. Both brokers are comparable on support quality.

Tied
Featurefx nexttd ameritrade
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and ArabicEnglish, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic