B

Phoenix Markets

5.6/10
trio markets logo

trio markets

7.6/10
5/10RegulationWinner10/10
1/10WinnerFees0/10
9/10PlatformsTied9/10
6/10WinnerEducation & Research4/10
4/10Deposits & WithdrawalsWinner10/10
10/10SupportTied10/10

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Overview

Phoenix Markets was founded in 2013 and is headquartered in Cyprus, while trio markets was established in 2015 and is based in Australia. Phoenix Markets holds licences including Cyprus Securities and Exchange Commission (CySEC), while trio markets is regulated by Financial Conduct Authority (FCA) among others. Phoenix Markets serves 10,000+ clients worldwide; trio markets has 10,000+. The minimum deposit is $500 at Phoenix Markets and $250 at trio markets.

trio markets wins this category
FeaturePhoenix Marketstrio markets
Min. Deposit$500$250
RegulationCyprus 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-F330
Founded20132015
CountryCyprusAustralia
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between Phoenix Markets and trio markets, directly affecting your bottom line as a trader. trio markets has a lower barrier to entry with a minimum deposit of $250 (vs $500 at Phoenix Markets). trio markets charges withdrawal fees while Phoenix Markets does not, giving Phoenix Markets an edge for frequent withdrawers. trio markets charges deposit fees; Phoenix Markets does not. Overall, Phoenix Markets scores higher on fees in our assessment.

Phoenix Markets wins this category
FeaturePhoenix Marketstrio markets
Min. Deposit$500$250
Withdrawal FeesNoYes
Inactivity FeesNoNo
Deposit FeesNoYes
CFD FeesNoYes

Platforms

Phoenix Markets offers MT4, MT5, cTrader, while trio markets supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. The two brokers are closely matched on platform offering.

Tied
FeaturePhoenix Marketstrio markets
MT4YesYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMT4,mac,Android.iPhone/iPadMT4, 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 Phoenix Markets and trio markets compare. Phoenix Markets runs regular live webinars; trio markets does not. Both provide video tutorials. Phoenix Markets publishes daily market commentary; trio markets does not. Both integrate third-party research tools. Phoenix Markets maintains an archive of past webinars for on-demand viewing. Phoenix Markets scores higher overall in education and research.

Phoenix Markets wins this category
FeaturePhoenix Marketstrio markets
Forex EducationNoYes
CFD EducationYesNo
Weekly WebinarsYesNo
Daily CommentaryYesNo
Trading CentralYesNo
AutochartistNoYes

Deposits & Withdrawals

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

trio markets wins this category
FeaturePhoenix Marketstrio markets
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 Phoenix Markets and trio markets offer live chat support. Both provide phone support. Email support is available at both brokers. Phoenix Markets supports 2 languages and trio markets supports 8, giving trio markets broader global reach. Both brokers are comparable on support quality.

Tied
FeaturePhoenix Marketstrio markets
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic