Traders Trust
XGLOBAL Markets
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Overview
Traders Trust was founded in 1998 and is headquartered in Cyprus, while XGLOBAL Markets was established in 2008 and is based in Cyprus. Traders Trust holds licences including Financial Conduct Authority (FCA), while XGLOBAL Markets is regulated by Cyprus Securities and Exchange Commission (CySEC) among others. Traders Trust serves 10,000+ clients worldwide; XGLOBAL Markets has 10,000+. The minimum deposit is $100 at Traders Trust and $500 at XGLOBAL Markets.
| Feature | Traders Trust | XGLOBAL Markets |
|---|---|---|
| Min. Deposit | $100 | $500 |
| Regulation | Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), The Federal Financial Supervisory Authority Bundesanstalt f├ó╦å┼í├é┬║r Finanzdienstleistungsaufsicht (BaFin), The National Securities Market Commission (CNMV), The Commissione Nazionale per le Societ├ó╦å┼í├óÔé¼┬á e la Borsa (CONSOB), Finansinspektionen (FI), Netherlands Authority for the Financial Markets (AFM), Financial Services Authority (FSA) | Cyprus Securities and Exchange Commission (CySEC) |
| Founded | 1998 | 2008 |
| Country | Cyprus | Cyprus |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Traders Trust and XGLOBAL Markets, directly affecting your bottom line as a trader. Traders Trust has a lower barrier to entry with a minimum deposit of $100 (vs $500 at XGLOBAL Markets). XGLOBAL Markets charges withdrawal fees while Traders Trust does not, giving Traders Trust an edge for frequent withdrawers. Traders Trust applies inactivity fees on dormant accounts; XGLOBAL Markets does not. XGLOBAL Markets charges deposit fees; Traders Trust does not. Overall, Traders Trust scores higher on fees in our assessment.
| Feature | Traders Trust | XGLOBAL Markets |
|---|---|---|
| Min. Deposit | $100 | $500 |
| Withdrawal Fees | No | Yes |
| Inactivity Fees | Yes | No |
| Deposit Fees | No | Yes |
| CFD Fees | No | No |
Platforms
Traders Trust offers MT4, MT5, cTrader, while XGLOBAL Markets supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Traders Trust supports social and copy trading features, which XGLOBAL Markets does not offer. The two brokers are closely matched on platform offering.
| Feature | Traders Trust | XGLOBAL Markets |
|---|---|---|
| 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 | Desktop,iOS,Android |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Traders Trust and XGLOBAL Markets compare. Traders Trust runs regular live webinars; XGLOBAL Markets does not. Both provide video tutorials. Traders Trust publishes daily market commentary; XGLOBAL Markets does not. Both integrate third-party research tools. Traders Trust maintains an archive of past webinars for on-demand viewing. Traders Trust scores higher overall in education and research.
| Feature | Traders Trust | XGLOBAL Markets |
|---|---|---|
| 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. Traders Trust accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while XGLOBAL Markets supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.
| Feature | Traders Trust | XGLOBAL Markets |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | No |
| Skrill | No | No |
| Neteller | No | No |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both Traders Trust and XGLOBAL Markets offer live chat support. Both provide phone support. Email support is available at both brokers. Both brokers offer support in 2 languages. Both brokers are comparable on support quality.
| Feature | Traders Trust | XGLOBAL Markets |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |