B

GDMFX

5.6/10

shaw and partners limited

7.4/10
3/10RegulationWinner10/10
6/10WinnerFees0/10
9/10PlatformsTied9/10
4/10Education & ResearchTied4/10
4/10Deposits & WithdrawalsWinner10/10
10/10SupportTied10/10

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Overview

GDMFX was founded in 2012 and is headquartered in Anguilla, while shaw and partners limited was established in 2014 and is based in Switzerland. GDMFX holds licences including Unregulated, while shaw and partners limited is regulated by Financial Conduct Authority (FCA) among others. GDMFX serves 10,000+ clients worldwide; shaw and partners limited has 250,000+. The minimum deposit is $100 at GDMFX and $250 at shaw and partners limited.

shaw and partners limited wins this category
FeatureGDMFXshaw and partners limited
Min. Deposit$100$250
RegulationUnregulatedFinancial 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
Founded20122014
CountryAnguillaSwitzerland
Clients10,000+250,000+

Fees

Fees are a critical factor when choosing between GDMFX and shaw and partners limited, directly affecting your bottom line as a trader. GDMFX has a lower barrier to entry with a minimum deposit of $100 (vs $250 at shaw and partners limited). Neither broker charges withdrawal fees. shaw and partners limited applies inactivity fees on dormant accounts; GDMFX does not. GDMFX charges deposit fees; shaw and partners limited does not. Overall, GDMFX scores higher on fees in our assessment.

GDMFX wins this category
FeatureGDMFXshaw and partners limited
Min. Deposit$100$250
Withdrawal FeesNoNo
Inactivity FeesNoYes
Deposit FeesYesNo
CFD FeesYesYes

Platforms

GDMFX 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.

Tied
FeatureGDMFXshaw and partners limited
MT4YesYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMT4, Web Trader, 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 GDMFX and shaw and partners limited compare. Both provide video tutorials. Both integrate third-party research tools. The two brokers are evenly matched on educational content.

Tied
FeatureGDMFXshaw and partners limited
Forex EducationYesYes
CFD EducationNoNo
Weekly WebinarsNoNo
Daily CommentaryNoNo
Trading CentralNoNo
AutochartistYesYes

Deposits & Withdrawals

Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. GDMFX accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while shaw and partners limited supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). shaw and partners limited uniquely supports PayPal and Skrill and Neteller among the two brokers. shaw and partners limited scores higher on deposit and withdrawal flexibility.

shaw and partners limited wins this category
FeatureGDMFXshaw and partners limited
Bank TransferYesYes
Credit CardYesYes
PayPalNoYes
SkrillNoYes
NetellerNoYes

Support

Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both GDMFX and shaw and partners limited offer live chat support. Both provide phone support. Email support is available at both brokers. GDMFX supports 2 languages and shaw and partners limited supports 8, giving shaw and partners limited broader global reach. Both brokers are comparable on support quality.

Tied
FeatureGDMFXshaw and partners limited
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic