FXNet
onetrade
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Overview
FXNet was founded in 2012 and is headquartered in Cyprus, while onetrade was established in 2011 and is based in Russia. Both brokers are regulated by Financial Conduct Authority (FCA), among other authorities. FXNet serves 10,000+ clients worldwide; onetrade has 142,500+. The minimum deposit is $50 at FXNet and $250 at onetrade.
| Feature | FXNet | onetrade |
|---|---|---|
| Min. Deposit | $50 | $250 |
| Regulation | Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC) | 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-F290 |
| Founded | 2012 | 2011 |
| Country | Cyprus | Russia |
| Clients | 10,000+ | 142,500+ |
Fees
Fees are a critical factor when choosing between FXNet and onetrade, directly affecting your bottom line as a trader. onetrade has a lower barrier to entry with a minimum deposit of $250 (vs $50 at FXNet). Neither broker charges withdrawal fees. Overall, FXNet scores higher on fees in our assessment.
| Feature | FXNet | onetrade |
|---|---|---|
| Min. Deposit | $50 | $250 |
| Withdrawal Fees | No | No |
| Inactivity Fees | No | No |
| Deposit Fees | No | No |
| CFD Fees | No | No |
Platforms
FXNet offers MT4, MT5, cTrader, while onetrade supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. FXNet supports social and copy trading features, which onetrade does not offer. The two brokers are closely matched on platform offering.
| Feature | FXNet | onetrade |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MT4, Web Trader, 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 FXNet and onetrade compare. FXNet runs regular live webinars; onetrade does not. Both provide video tutorials. FXNet publishes daily market commentary; onetrade does not. Both integrate third-party research tools. FXNet maintains an archive of past webinars for on-demand viewing. FXNet scores higher overall in education and research.
| Feature | FXNet | onetrade |
|---|---|---|
| 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. FXNet accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while onetrade supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). onetrade uniquely supports PayPal and Skrill and Neteller among the two brokers. onetrade scores higher on deposit and withdrawal flexibility.
| Feature | FXNet | onetrade |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | Yes |
| Skrill | No | Yes |
| Neteller | No | Yes |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both FXNet and onetrade offer live chat support. Both provide phone support. Email support is available at both brokers. FXNet supports 2 languages and onetrade supports 8, giving onetrade broader global reach. Both brokers are comparable on support quality.
| Feature | FXNet | onetrade |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic |