fxglobe
FXNet
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Overview
fxglobe was founded in 2012 and is headquartered in Malta, while FXNet was established in 2012 and is based in Cyprus. Both brokers are regulated by Financial Conduct Authority (FCA), among other authorities. fxglobe serves 10,000+ clients worldwide; FXNet has 10,000+. The minimum deposit is $250 at fxglobe and $50 at FXNet.
| Feature | fxglobe | FXNet |
|---|---|---|
| Min. Deposit | $250 | $50 |
| Regulation | 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-F243 | Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC) |
| Founded | 2012 | 2012 |
| Country | Malta | Cyprus |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between fxglobe and FXNet, directly affecting your bottom line as a trader. fxglobe has a lower barrier to entry with a minimum deposit of $250 (vs $50 at FXNet). fxglobe charges withdrawal fees while FXNet does not, a notable advantage for frequent withdrawers. fxglobe applies inactivity fees on dormant accounts; FXNet does not. Overall, FXNet scores higher on fees in our assessment.
| Feature | fxglobe | FXNet |
|---|---|---|
| Min. Deposit | $250 | $50 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | Yes | No |
| Deposit Fees | No | No |
| CFD Fees | No | No |
Platforms
fxglobe offers MT4, MT5, cTrader, while FXNet supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. FXNet supports social and copy trading features, which fxglobe does not offer. The two brokers are closely matched on platform offering.
| Feature | fxglobe | FXNet |
|---|---|---|
| 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, Web Trader, Tablet & Mobile apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how fxglobe and FXNet 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. FXNet scores higher overall in education and research.
| Feature | fxglobe | FXNet |
|---|---|---|
| Forex Education | No | Yes |
| CFD Education | Yes | Yes |
| Weekly Webinars | Yes | Yes |
| Daily Commentary | Yes | Yes |
| Trading Central | Yes | Yes |
| Autochartist | No | Yes |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. fxglobe accepts 5 of the tracked payment methods (bank transfer, credit/debit card, PayPal, Skrill, Neteller), while FXNet supports 2 (bank transfer, credit/debit card). fxglobe uniquely supports PayPal and Skrill and Neteller among the two brokers. fxglobe scores higher on deposit and withdrawal flexibility.
| Feature | fxglobe | FXNet |
|---|---|---|
| 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 fxglobe and FXNet offer live chat support. Both provide phone support. Email support is available at both brokers. fxglobe supports 8 languages and FXNet supports 2, giving fxglobe broader global reach. Both brokers are comparable on support quality.
| Feature | fxglobe | FXNet |
|---|---|---|
| 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 |