shaw and partners limited
Xtrade
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Overview
shaw and partners limited was founded in 2014 and is headquartered in Switzerland, while Xtrade was established in 2003 and is based in Australia. shaw and partners limited holds licences including Financial Conduct Authority (FCA), while Xtrade is regulated by Cyprus Securities and Exchange Commission (CySEC) among others. shaw and partners limited serves 250,000+ clients worldwide; Xtrade has 10,000+. The minimum deposit is $250 at shaw and partners limited and $1 at Xtrade.
| Feature | shaw and partners limited | Xtrade |
|---|---|---|
| Min. Deposit | $250 | $1 |
| 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-F305 | Cyprus Securities and Exchange Commission (CySEC) |
| Founded | 2014 | 2003 |
| Country | Switzerland | Australia |
| Clients | 250,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between shaw and partners limited and Xtrade, directly affecting your bottom line as a trader. Xtrade has a lower barrier to entry with a minimum deposit of $1 (vs $250 at shaw and partners limited). Neither broker charges withdrawal fees. shaw and partners limited applies inactivity fees on dormant accounts; Xtrade does not. Xtrade charges deposit fees; shaw and partners limited does not. Overall, Xtrade scores higher on fees in our assessment.
| Feature | shaw and partners limited | Xtrade |
|---|---|---|
| Min. Deposit | $250 | $1 |
| Withdrawal Fees | No | No |
| Inactivity Fees | Yes | No |
| Deposit Fees | No | Yes |
| CFD Fees | Yes | Yes |
Platforms
shaw and partners limited offers MT4, MT5, cTrader, while Xtrade supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. shaw and partners limited supports social and copy trading features, which Xtrade does not offer. The two brokers are closely matched on platform offering.
| Feature | shaw and partners limited | Xtrade |
|---|---|---|
| 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 | Not available |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how shaw and partners limited and Xtrade compare. shaw and partners limited has a video library; Xtrade does not. shaw and partners limited integrates third-party research tools (Autochartist); Xtrade does not. shaw and partners limited scores higher overall in education and research.
| Feature | shaw and partners limited | Xtrade |
|---|---|---|
| Forex Education | Yes | No |
| CFD Education | No | No |
| Weekly Webinars | No | No |
| Daily Commentary | No | No |
| Trading Central | No | No |
| Autochartist | Yes | No |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. shaw and partners limited uniquely supports bank transfer and credit/debit card and PayPal and Skrill and Neteller among the two brokers. shaw and partners limited scores higher on deposit and withdrawal flexibility.
| Feature | shaw and partners limited | Xtrade |
|---|---|---|
| Bank Transfer | Yes | Not available |
| Credit Card | Yes | Not available |
| PayPal | Yes | Not available |
| Skrill | Yes | Not available |
| Neteller | Yes | Not available |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both shaw and partners limited and Xtrade offer live chat support. Both provide phone support. Email support is available at both brokers. shaw and partners limited offers multilingual support. Both brokers are comparable on support quality.
| Feature | shaw and partners limited | Xtrade |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic | Not available |