fxcl markets
shaw and partners limited
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Overview
fxcl markets was founded in 2006 and is headquartered in Cayman Islands, while shaw and partners limited was established in 2014 and is based in Switzerland. fxcl markets holds licences including Financial Services Authority (FSA) number 1637, while shaw and partners limited is regulated by Financial Conduct Authority (FCA) among others. fxcl markets serves 10,000+ clients worldwide; shaw and partners limited has 250,000+. Both brokers share the same minimum deposit of $250.
| Feature | fxcl markets | shaw and partners limited |
|---|---|---|
| Min. Deposit | $250 | $250 |
| Regulation | Financial Services Authority (FSA) number 1637 | 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-F305 |
| Founded | 2006 | 2014 |
| Country | Cayman Islands | Switzerland |
| Clients | 10,000+ | 250,000+ |
Fees
Fees are a critical factor when choosing between fxcl markets and shaw and partners limited, directly affecting your bottom line as a trader. Both require a minimum deposit of $250. Neither broker charges withdrawal fees. shaw and partners limited applies inactivity fees on dormant accounts; fxcl markets does not. Overall, fxcl markets scores higher on fees in our assessment.
| Feature | fxcl markets | shaw and partners limited |
|---|---|---|
| Min. Deposit | $250 | $250 |
| Withdrawal Fees | No | No |
| Inactivity Fees | No | Yes |
| Deposit Fees | No | No |
| CFD Fees | No | Yes |
Platforms
fxcl markets offers MT4, MT5, cTrader, while shaw and partners limited 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 | fxcl markets | shaw and partners limited |
|---|---|---|
| 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 | 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 fxcl markets and shaw and partners limited compare. fxcl markets runs regular live webinars; shaw and partners limited does not. Both provide video tutorials. fxcl markets publishes daily market commentary; shaw and partners limited does not. Both integrate third-party research tools. fxcl markets maintains an archive of past webinars for on-demand viewing. fxcl markets scores higher overall in education and research.
| Feature | fxcl markets | shaw and partners limited |
|---|---|---|
| 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. fxcl markets accepts 5 of the tracked payment methods (bank transfer, credit/debit card, PayPal, Skrill, Neteller), while shaw and partners limited supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). Both brokers support the same set of payment methods.
| Feature | fxcl markets | shaw and partners limited |
|---|---|---|
| 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 fxcl markets and shaw and partners limited 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.
| Feature | fxcl markets | shaw and partners limited |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic | English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic |