B

swiss markets

7.7/10
XGLOBAL Markets logo

XGLOBAL Markets

5.6/10
10/10WinnerRegulation5/10
0/10FeesTied0/10
9/10PlatformsTied9/10
6/10WinnerEducation & Research4/10
10/10WinnerDeposits & Withdrawals4/10
10/10SupportTied10/10

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Overview

swiss markets was founded in 2012 and is headquartered in USA, while XGLOBAL Markets was established in 2008 and is based in Cyprus. swiss markets holds licences including Financial Conduct Authority (FCA), while XGLOBAL Markets is regulated by Cyprus Securities and Exchange Commission (CySEC) among others. swiss markets serves 10,000+ clients worldwide; XGLOBAL Markets has 10,000+. The minimum deposit is $250 at swiss markets and $500 at XGLOBAL Markets.

swiss markets wins this category
Featureswiss marketsXGLOBAL Markets
Min. Deposit$250$500
RegulationFinancial 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-F315Cyprus Securities and Exchange Commission (CySEC)
Founded20122008
CountryUSACyprus
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between swiss markets and XGLOBAL Markets, directly affecting your bottom line as a trader. swiss markets has a lower barrier to entry with a minimum deposit of $250 (vs $500 at XGLOBAL Markets). Both brokers charge withdrawal fees. swiss markets applies inactivity fees on dormant accounts; XGLOBAL Markets does not. swiss markets charges deposit fees; XGLOBAL Markets does not. The two brokers are broadly comparable on fee structure.

Tied
Featureswiss marketsXGLOBAL Markets
Min. Deposit$250$500
Withdrawal FeesYesYes
Inactivity FeesYesNo
Deposit FeesYesYes
CFD FeesYesNo

Platforms

swiss markets offers MT4, MT5, cTrader, while XGLOBAL Markets supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. swiss markets supports social and copy trading features, which XGLOBAL Markets does not offer. The two brokers are closely matched on platform offering.

Tied
Featureswiss marketsXGLOBAL Markets
MT4YesYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile appsDesktop,iOS,Android

Education & Research

Education and research tools help traders at every level make more informed decisions, and here's how swiss markets and XGLOBAL Markets compare. swiss markets runs regular live webinars; XGLOBAL Markets does not. Both provide video tutorials. swiss markets publishes daily market commentary; XGLOBAL Markets does not. Both integrate third-party research tools. swiss markets maintains an archive of past webinars for on-demand viewing. swiss markets scores higher overall in education and research.

swiss markets wins this category
Featureswiss marketsXGLOBAL 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. swiss markets accepts 5 of the tracked payment methods (bank transfer, credit/debit card, PayPal, Skrill, Neteller), while XGLOBAL Markets supports 2 (bank transfer, credit/debit card). swiss markets uniquely supports PayPal and Skrill and Neteller among the two brokers. swiss markets scores higher on deposit and withdrawal flexibility.

swiss markets wins this category
Featureswiss marketsXGLOBAL Markets
Bank TransferYesYes
Credit CardYesYes
PayPalYesNo
SkrillYesNo
NetellerYesNo

Support

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

Tied
Featureswiss marketsXGLOBAL Markets
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and ArabicEnglish, and Chinese