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Charles Schwab , FXTRADING.com Broker Comparison

Do you want to know which is the better broker between Charles Schwab and FXTRADING.com ?

In the table below, you can compare the features of Charles Schwab , FXTRADING.com side by side to determine the best fit for your needs.

  • Rating
  • Basic Information
  • Benchmark
  • Account Information
  • Relevant information
  • Relevant exposure
  • Rating
  • Basic Information
  • Benchmark
  • Account Information
  • Relevant information
  • Relevant exposure
 2 / 3   brokers in total
Rating
Score
Regulatory Status
WikiFX Guarantee
WikiFX Survey
Risk Evaluation
Exposure
Basic Information
Established
Regulatory license
MT4
MT5
Crypto
Deposit and withdrawal method
Benchmark
environment rating
Transaction Speed
Transaction speed rating
Average transaction speed
The highest transaction speed
The highest speed of opening positions
The highest speed of closing position
Slowest transaction speed
The lowest speed of opening positions
The lowest speed of closing position
Trading slippage
Transaction slippage rating
Average slippage
Maximum transaction slippage
Maximum positive slippage
Maximum negative slippage
Transaction Cost
Transaction cost rating
  • Average transaction cost
  • (EURUSD)
  • Average transaction cost
  • (XAUUSD)
Rollover Cost
Rollover cost rating
  • Average transaction cost
  • (EURUSD)
  • Average transaction cost
  • (XAUUSD)
Disconnection results
Software disconnection rating
Average disconnection frequency (times/day)
Reconnection time
Account Information
Accounts
Account name
Products
Deposit REQ
Maximum Leverage
Spread of majors
Forced Liquidation Ratio
Spread Types
Minimum Position
Crypto
Lock postition
Scalping
EA trading
Charles Schwab
6.92
Regulated
Under guarantee
--
--
5-10 years
SFC
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
FXTRADING.com
8.66
Regulated
Under guarantee
--
15-20 years
ASIC,ASIC,VFSC
--
AA
A
531.4
218
234
218
1970
1970
1748
AAA

EURUSD: -0.4

XAUUSD: -1.9

19
-1
19
B
13.53 USD/Lot
37.56 USD/Lot
AA

Long: -5

Short: 3.41

Long: -34

Short: 19.5

AA
0.2
25.9
Pro,Standard
Forex, metals, energies, commodities, cryptos & indices
$200
1:500
from 0.0
0.00
--
0.01
--

Charles Schwab 、 FXTRADING.com BrokersRelevant information

Charles Schwab 、 FXTRADING.com BrokersRelevant exposure

Which broker is more reliable?

You can determine the reliability and credibility of a broker by checking four factors:

1.Forex broker introduction。

2.Are the transaction costs and expenses of td-ameritrade, fxtrading-com lower?

3.Which broker is safer?

4.Which broker provides better trading platform?

Based on these four factors, we can compare which is reliable. We have broken down the reasons as follows:

Forex broker introduction

td-ameritrade
Registered Country/Region Hong Kong
Regulation SFC
Minimum Deposit $2,000 (Margin account)
Maximum Leverage N/A
Minimum Spreads N/A
Trading Platform Thinkorswim
Demo Account Yes
Trading Assets Stocks, ETFs, Bonds
Payment Methods FPS transfers, a cheque deposit, telegraphic transfer (international wire), ACAT
Customer Support Phone, Email

General Information & Regulation

TD Ameritrade Hong Kong Limited is a regulated brokerage firm authorized by the Securities and Futures Commission (SFC) of Hong Kong. Holding a license for dealing in futures contracts, TD Ameritrade operates within the legal and regulatory framework of Hong Kong's financial markets. With an address at Room 1211-13, Two Exchange Square, 8 Connaught Place, Central, Hong Kong, the company can be contacted via email at help@tdameritrade.com.hk. The regulatory oversight provided by the SFC ensures that TD Ameritrade Hong Kong adheres to the established standards and practices in the industry.

TD Ameritrade offers a diverse range of market instruments to cater to the investment needs of its users. Investors can trade listed stocks online without any commissions, benefiting from real-time trade analysis and expert insights. The platform enables options trading at a cost of US$0.65 per contract, providing specialized tools and the assistance of U.S.-licensed options trading specialists. Additionally, TD Ameritrade provides access to over 2,000 ETFs across various asset classes and fund companies, along with U.S. Treasury bonds, corporate bonds, offshore mutual funds, American Depositary Receipts (ADRs), and foreign ordinaries.

TD Ameritrade provides various account types, including Individual, Joint, Trust, Corporate, and U.S. Retirement accounts. These accounts cater to different investment preferences and goals. The Individual Account is suitable for individuals who want to manage their portfolios independently, while the Joint Account is designed for opening accounts with another person. Trust Accounts are available for establishing trusts for investment purposes, and Corporate Accounts cater to companies and organizations. U.S. Retirement Accounts are specifically tailored for those interested in opening retirement accounts in the United States. TD Ameritrade also offers Demo accounts for users to test the platform's features and functionalities.

basic-info

Pros and Cons

TD Ameritrade Hong Kong Limited, as a regulated brokerage firm operating within the legal and regulatory framework of Hong Kong's financial markets, offers a range of advantages and disadvantages for investors. On the positive side, the company holds a license from Hong Kong's Securities and Futures Commission (SFC), providing a sense of trust and assurance. They provide a diverse selection of market instruments, including stocks, options, ETFs, bonds, offshore mutual funds, ADRs, and foreign ordinaries. TD Ameritrade also offers various account types, multiple trading platforms with robust tools, and educational resources to enhance investors' knowledge. Moreover, clients have access to various funding methods for account deposits. However, there are also limitations. TD Ameritrade primarily operates within Hong Kong's market framework, which may restrict its services for investors outside Hong Kong. Additionally, their focus on futures contracts may not appeal to investors seeking broader investment options. The availability of trading platforms and customer support channels is relatively limited compared to other brokerage firms.

Pros Cons
Regulated brokerage firm with license from Hong Kong's Securities and Futures Commission (SFC) Limited to operating within Hong Kong's market framework
Wide range of market instruments available, including stocks, options, ETFs, bonds, offshore mutual funds, ADRs, and foreign ordinaries Limited availability of other investment options
Offers multiple account types (individual, joint, trust, corporate, U.S. retirement, and demo accounts) Limited accessibility for non-Hong Kong residents or investors
Provides multiple trading platforms (web trading, StreetSmart Edge®, Schwab Mobile) and robust trading tools Limited trading platforms compared to some other brokerage firms
Offers educational resources (workshops, webinars, market commentary, investing education) Limited to dealing in futures contracts
Various funding methods available for account deposits Customer support limited to phone, email, and online channels

Latest News

On 28 February 2022, TD Ameritrade Hong Kong will close and will no longer maintain accounts.

Is TD Ameritrade Legit?

TD Ameritrade Hong Kong Limited is regulated by the Securities and Futures Commission (SFC) of Hong Kong. The company holds a license for dealing in futures contracts, with license number BJO462. The regulatory oversight provided by the SFC ensures that TD Ameritrade Hong Kong operates within the established legal and regulatory framework of Hong Kong's financial markets. The license was issued on October 17, 2017, and there is no specified expiry date mentioned. The address of TD Ameritrade Hong Kong Limited is Room 1211-13, Two Exchange Square, 8 Connaught Place, Central, Hong Kong. The company can be contacted via email at help@tdameritrade.com.hk. Further information about TD Ameritrade Hong Kong Limited can be found on their website at www.tdameritrade.com.hk.

regulation

Market Instruments

TD Ameritrade clients can trade a wide variety of assets on the web platform as well as the mobile apps. This includes exchanged-traded funds (ETFs), stocks, options, futures, and cryptocurrency.

Stocks: TD Ameritrade allows users to trade listed stocks online with no commissions. They provide tools and research informed by Schwab experts to simplify stock selection. Users can benefit from real-time trade analysis provided by Schwab professionals.

Options: TD Ameritrade enables online options trading with a cost of just US$0.65 per contract and no base commission. They offer platforms and tools specifically designed for options traders, aiding in navigating the market. U.S.-licensed options trading specialists are also available to provide support.

Exchange-Traded Funds (ETFs): TD Ameritrade provides access to over 2,000 ETFs across various asset classes and fund companies. Users can utilize the Schwab Personalized Portfolio Builder tool to easily create a diversified ETF portfolio. Additionally, European-domiciled UCITS ETFs are available for residents of the European Economic Area (EEA).

Bonds: TD Ameritrade offers access to a wide range of investments, including U.S. Treasury bonds and corporate bonds. Their Schwab BondSource® tool allows users to screen through 36,000+ bonds. Pricing is straightforward and easy to understand, ensuring users know what they are paying for.

Offshore mutual funds: TD Ameritrade provides a broad selection of funds that have been carefully screened by Schwab experts. Users can access premium independent research and analysis from Morningstar®. The platform also offers an advanced online screener tool that allows users to compare up to five funds simultaneously.

American Depositary Receipts (ADRs) and foreign ordinaries: TD Ameritrade offers trading of ADRs and foreign ordinaries, providing users with insights into the benefits, risks, and considerations associated with these international stock types. Advanced platforms and tools are available for trading stocks in local markets.

market-instruments
Pros Cons
Diverse range of market instruments Limited mention of fees and costs
No-commission online trading for listed stocks Lack of emphasis on specific stock selection criteria
Availability of European-domiciled UCITS ETFs for EEA residents Limited information on options trading support
Low-cost options trading with U.S.-licensed specialists No mention of the options trading platform's features
Access to over 2,000 ETFs across various asset classes Limited information on the Schwab Personalized Portfolio Builder tool

Account Types

Individual Account:

TD Ameritrade offers an Individual Account option for clients who wish to trade and invest on their own. This account type is suitable for individuals who want to manage their own portfolios and make independent investment decisions. The Individual Account does not have any specific minimum deposit requirements, although to open an Individual or Joint account, a minimum of US$25,000 is needed. Within the Individual Account category, there are two subtypes: Margin account and Cash account. The Margin account requires an initial deposit of at least 2000 USD, whereas the Cash account has no minimum deposit requirement.

Joint Account:

For clients who want to open an account with another person, TD Ameritrade offers a Joint Account option. The online application process is available for joint accounts with two account holders. However, if there are more than two account holders, it is necessary to contact TD Ameritrade to initiate the account-opening process.

Trust Account:

TD Ameritrade provides a Trust Account option for clients who want to establish a trust for investment purposes. Opening a Trust Account requires a minimum deposit of US$100,000. The online application process is available for trusts with two or fewer individual trustees and/or beneficiaries. If the trust has more than two individual trustees, a company trustee, or if the beneficiaries are greater than two and include a company or undisclosed parties, it is recommended to contact TD Ameritrade for further information.

Corporate Account:

TD Ameritrade offers a Corporate Account option for companies and organizations. To learn more about opening a Charles Schwab International corporate account, it is necessary to contact TD Ameritrade directly.

U.S. Retirement Account:

For clients interested in opening a retirement account in the United States, TD Ameritrade provides the U.S. Retirement Account option. To obtain more information about opening a U.S. retirement account with TD Ameritrade, it is advised to contact them directly. The U.S. Retirement Account includes Individual and Joint Account options.

TD Ameritrade also offers the option of Demo accounts, which allow both beginners and experienced traders to test the functionalities and features of the trading platform.

account-types
Pros Cons
Diverse range of account options Account opening requirements may be restrictive
Individual account allows independent investing Limited online application process for joint accounts
Trust account option for investment trusts Trust account minimum deposit requirement
Corporate account option for companies Limited information available on corporate accounts
U.S. Retirement account for retirement planning Limited information on opening a U.S. retirement account
Demo accounts for testing platform functionalities Lack of specific details on account benefits

Demo Accounts Available

Demo accounts are available for both beginners and professionals to test trading platform's functionalities and features in a 100% risk-free trading environment.

account-type

How to Open an Account

To open an account with TD Ameritrade, follow these steps:

  1. Visit the TD Ameritrade website and click on the “Open Your Account” button.

open-account
  1. Select your country or region of residence from the provided list. This will connect you to the appropriate page for your location.

open-account
  1. Begin the online application process, which typically takes around 15 minutes to complete.

  2. Prepare the necessary documents for the application. These may include:

    1. Tax ID Number or Social Security Number: Provide your tax identification number or social security number, depending on your country's requirements.

    2. Passport or government ID: Have a valid passport or government-issued identification document ready for verification purposes.

    3. Recent utility bill or proof of residency: Gather a recent utility bill (such as gas, electric, water, or cable) or any other document that serves as proof of your residency.

    4. Employer's name and mailing address: If applicable, provide the name and mailing address of your employer.

open-account
  1. Ensure you have access to a printer and scanner. You will need these to print, sign, and upload any required documents during the application process.

  2. Select the Account Types.

  3. Review the terms and conditions, disclosures, and any other relevant documents carefully before submitting your application.

  4. After submitting your application, wait for confirmation and further instructions from TD Ameritrade regarding the status of your account.

Fees & Commissions

To open an Individual/Joint account, a minimum deposit of US$25,000 is required. Detailed information about fees and commissions can be found in the Charles Schwab Pricing Guide for Individual Investors.

For stocks and ETFs, the commission per trade for online trades is US$0, while broker-assisted trades incur a fee of US$25. Non-U.S. ETFs are not available for online trades and are subject to a transaction fee of US$50 for broker-assisted trades.

Regarding offshore mutual funds, there is no transaction fee for broker-assisted trades. However, a short-term redemption fee of US$49.95 may apply.

Options trading entails a commission per executed trade of US$0 plus US$0.65 per contract for online trades, while broker-assisted trades are subject to online pricing plus a fee of US$25.

In terms of fixed income, the transaction fee per trade for new issues is included in the offering price for both online and broker-assisted trades. For Treasuries, including Auction and Secondary, such as Treasury Bonds, Treasury Bills, Treasury Notes, and TIPS, the transaction fee is US$0 for online trades and US$25 for broker-assisted trades. Corporate Bonds, Municipal Bonds, Government Agencies, Zero-Coupon Treasuries (including STRIPS), incur a fee of US$1 per bond with a minimum of US$10 and a maximum of US$250 for online trades. Broker-assisted trades in this category are subject to online pricing plus a fee of US$25. Specialty products like Commercial Paper, Foreign Bonds, Asset-Backed Securities, Mortgage-Backed Securities, Collateralized Mortgage Obligations, and Unit Investment Trusts require contacting TD Ameritrade for specific information. For Preferred listed stocks and REITs, there is no commission for online trades, while broker-assisted trades incur a fee of US$25.

fees

Pros and Cons

Pros Cons
No commission for online stock and ETF trades Minimum deposit of US$25,000 for Individual/Joint accounts
No commission for online Preferred listed stocks and REIT trades US$25 fee for broker-assisted stock trades
No transaction fee for offshore mutual fund broker-assisted trades Short-term redemption fee of US$49.95 may apply for offshore mutual funds
US$0 commission for options trades US$25 fee for broker-assisted options trades
No transaction fee for online Treasury trades US$25 fee for broker-assisted Treasury trades
US$1 per bond fee for online fixed income trades US$25 fee for broker-assisted fixed income trades
US$25 fee for broker-assisted Preferred listed stocks and REIT trades

Minimum Deposit

TD Ameritrade Hong Kong Limited requires a minimum deposit of US$25,000 to open a brokerage account(Individual or Joint account).

Also, TD Ameritrade has a minimum deposit requirement of US$100,000 for its Trust Account.

Trading Platforms

TD Ameritrade offers a comprehensive trading platform that provides users with access to the U.S. market.

Web trading

One of their platforms is web trading, accessible through International.Schwab.com. This platform allows users to trade easily from anywhere with an internet connection. The website provides a user-friendly interface for accessing the U.S. market. Additionally,

StreetSmart Edge®.

One of the primary trading platforms provided by TD Ameritrade is StreetSmart Edge®. This platform is designed to cater to the needs of traders, offering powerful features and functionalities. It can be accessed either through downloadable software or online via the cloud.

Schwab Mobile.

In addition to the desktop platform, TD Ameritrade also offers mobile trading through Schwab Mobile. This mobile app enables users to stay connected to their U.S. investments on the go. It is available for Android™, iPhone®, iPad®, and Apple Watch™, allowing traders to access their accounts and make informed decisions wherever they are.

TD Ameritrade's trading platform is equipped with robust trading tools that help users translate insights into action. These tools are designed to assist traders in analyzing market trends and making informed trading decisions. The platform's features provide users with the necessary tools and resources to navigate the complexities of the U.S. market.

Web trading
Pros Cons
Comprehensive trading platform Minimum deposit requirement of US$25,000 for individual/joint accounts and US$100,000 for trust accounts
Web trading accessible Limited availability of trading platforms compared to some competitors
Schwab Mobile app for on-the-go trading Possible fees and commissions associated with trading activities
StreetSmart Edge® platform with powerful features Limited customization options for trading platform layout and settings
Robust trading tools for market analysis and informed decision-making

Educational Resources

TD Ameritrade offers a range of educational resources to help investors deepen their understanding of U.S. investing. These resources include workshops, webinars, U.S. market commentary, investing education, and daily updates.

The workshops and webinars provided by TD Ameritrade are designed specifically for international investors, catering to individuals at all levels of experience. These sessions offer the opportunity to learn directly from seasoned investment experts at TD Ameritrade. Whether attending an in-person workshop or participating in a live webinar, investors can benefit from the expertise shared during these educational events.

U.S. Market Commentary

To enhance U.S. investing intelligence, TD Ameritrade offers market commentary that provides insights into the U.S. and global markets. Through the Schwab Market Perspective, investors can gain valuable information to stay informed about the daily fluctuations of the stock market. This helps investors make informed decisions regarding U.S. investment opportunities.

educational-resources

Investing Education

TD Ameritrade's investing education aims to help investors apply their skills to U.S. markets. They provide resources that cover various aspects of investing, such as identifying favorable trends, conducting technical and fundamental analysis, and applying investment strategies. These educational materials can assist investors in making informed investment decisions in the U.S. market.

trading-platform

Additionally, TD Ameritrade offers daily updates, including the closing market update, which provides a summary of market movements and key events impacting the U.S. stock market. These updates help investors stay up-to-date with the latest developments and trends in the market, enabling them to make more informed investment decisions.

Pros and Cons

Pros Cons
Wide range of educational resources available in many different formats Some resources can be outdated or inaccurate
Workshops and webinars designed specifically for international investors Not all resources are available in all languages
Market commentary provides insights into the U.S. and global markets Market commentary can be biased or subjective
Investing education covers various aspects of investing Some educational materials can be complex or difficult to understand
Daily updates help investors stay up-to-date with the latest market developments Daily updates can be overwhelming or too frequent

Payment Methods

TD Ameritrade provides a range of funding options for clients to deposit funds into their accounts. These options include FPS transfers, cheque deposits, telegraphic transfers (international wire), and account transfers from another broker (ACAT). It is important to note that all deposits must be made in U.S dollars.

In addition to these methods, TD Ameritrade accepts various payment options for clients to fund their accounts. These include Mastercard, Visa, Metro, Skrill, Neteller, AstroPay, eBay.bg, GiroPay, Neosurf, Euteller, SOFORT, ToditoCash, and others.

payment

Customer Support

TD Ameritrade provides customer support through various channels to assist clients with their inquiries and concerns. To reach customer service by phone, clients can call +1-415-667-7870 if they are outside the United States, or 1-877-853-1802 if they are within the U.S. The customer service hours are from 5:30 p.m. on Sunday to 1:00 a.m. on Saturday, following the U.S. Eastern Standard Time (EST).

Clients can also contact TD Ameritrade's customer support via email by writing to the provided email address. For mailing purposes, applications, deposits, and other materials can be sent to the following address:

Charles Schwab & Co., Inc.

Attn: International Operations

1945 Northwestern Drive

El Paso, TX 79912-1108, USA

Additionally, TD Ameritrade offers phone-based services. Clients can use Schwab by Phone™ by calling 1-800-435-4000 to reach an investment professional or utilize automated phone services. TeleBroker® provides access to automated touch-tone services, and it can be reached at 1-800-2SCHWAB (1-800-272-4922). For specific services in different languages, clients can contact the respective numbers provided, such as 1-800-662-6068 for 中文 (Chinese) services and 1-800-786-5174 for servicios en español (Spanish services). International clients can call 1-415-667-8400 for services in English, 中文, or español.

To access customer support online, clients can visit the official TD Ameritrade website at schwab.com, chinese.schwab.com, or international.schwab.com. For those using web-enabled phones, they can find Schwab on their phone's web menu. Additionally, PDA users can consult schwab.com/wireless on their desktop for further assistance.

Conclusion

In conclusion, TD Ameritrade Hong Kong Limited is a regulated brokerage firm authorized by the Securities and Futures Commission (SFC) of Hong Kong. It offers a diverse range of market instruments, including stocks, options, ETFs, bonds, offshore mutual funds, and ADRs/foreign ordinaries. The company provides various account types, such as Individual, Joint, Trust, Corporate, and U.S. Retirement Accounts, with different minimum deposit requirements. TD Ameritrade offers multiple trading platforms, including web trading, StreetSmart Edge®, and Schwab Mobile, to provide access to the U.S. market. They also offer educational resources, workshops, webinars, and market commentary to help investors enhance their understanding of U.S. investing. Payment methods include FPS transfers, cheque deposits, telegraphic transfers, and account transfers. Customer support is available through phone, email, and online channels.

FAQs

Q: Is TD Ameritrade regulated?

A: Yes, TD Ameritrade is regulated by the Securities and Futures Commission (SFC) of Hong Kong.

Q: What market instruments does TD Ameritrade offer?

A: TD Ameritrade offers a diverse range of market instruments including stocks, options, exchange-traded funds (ETFs), bonds, offshore mutual funds, American Depositary Receipts (ADRs), and foreign ordinaries.

Q: What are the minimum deposit requirements for TD Ameritrade?

A: TD Ameritrade requires a minimum deposit of US$25,000 for Individual and Joint accounts, and US$100,000 for Trust accounts.

Q: What trading platforms does TD Ameritrade provide?

A: TD Ameritrade offers web trading, StreetSmart Edge®, and Schwab Mobile as its primary trading platforms.

Q: What educational resources are available at TD Ameritrade?

A: TD Ameritrade offers workshops, webinars, U.S. market commentary, investing education, and daily updates to help investors enhance their understanding of U.S. investing.

Q: What are the payment methods accepted by TD Ameritrade?

A: TD Ameritrade accepts FPS transfers, cheque deposits, telegraphic transfers, and account transfers from another broker. It also accepts payment options such as Mastercard, Visa, and various other methods.

Q: How can I contact TD Ameritrade's customer support?

A: You can contact TD Ameritrade's customer support via phone, email, or by mailing your inquiries to their designated address. They also offer phone-based services and online customer support through their official website.

fxtrading-com
FXTRADING.com Review Summary in 10 Aspects
Founded 2014
Headquarters Sydney, Australia
Regulation ASIC
Market Instruments Forex, Crypto, CFDs, Share CFDs, Commodities, Spot Metals, Energies, Indices
Demo Account Available
Leverage 500:1
EUR/USD Spread From 0.1 pips
Trading Platforms MT4, IRESS
Minimum deposit $200
Customer Support 24/5 live chat, phone, email

What is FXTRADING.com?

FXTRADING.com is an online brokerage firm that offers trading services for various financial instruments such as forex, cryptocurrencies, shares, commodities, spot metals, energies, and indices. The company was established in 2014 and is headquartered in Sydney, Australia. FXTRADING.com is regulated by the Australian Securities and Investments Commission (ASIC). The broker provides its clients with a range of trading platforms including MetaTrader4 (MT4) and IRESS, and offers several trading tools and educational resources. FXTRADING.com also has a 24/5 customer support team that can be reached via phone, email, and live chat.

FXTRADING.com's website

Pros & Cons

FXTRADING.com has a lot of advantages, including a wide range of trading instruments, reliable trading platforms, and a variety of trading tools and educational resources. The broker also offers several account types to cater to different trading needs, and its customer support team is available 24/5 to assist clients.

However, there are some disadvantages to consider, such as high minimum deposit requirements for some account types.

Pros Cons
• Regulated by ASIC • No 24/7 customer support
• Wide range of trading instruments • Clients from the USA, Ontario Province inside Canada, North Korea, Iran and New Zealand are not accepted
• Multiple trading platforms and tools available • High minimum deposits for IRESS account types
• Comprehensive education resources
• Variety of payment methods

Please note that the above table is not exhaustive and may not include all the pros and cons of FXTRADING.com.

Regulatory Status

FXTRADING.com is a regulated and licensed broker.

GLENEAGLE SECURITIES (AUST) PTY LIMITED is authorized and regulated by the Australia Securities & Investment Commission (ASIC), holding a Market Making license under license no. 337985.

Regulatory Status

GLENEAGLE ASSET MANAGEMENT LIMITED is authorized and regulated by the Australia Securities & Investment Commission (ASIC), holding a Market Making license under license no.226199.

Regulatory Status

Gleneagle Securities Pty Limited, is authorized and regulated by the Vanuatu Financial Services Commission (VFSC), holding a Retail license under license no.40256.

Regulatory Status

How are you protected?

Protection Method Description
Regulation ASIC
Segregated Accounts Client money is kept separate from the broker's own operating funds, which helps to protect clients' funds in the event of the broker's insolvency
SSL Encryption To protect clients' personal and financial information from unauthorized access or theft
Two-Factor Authentication As an extra layer of security for clients' accounts, which helps to prevent unauthorized access to accounts even if a client's login credentials are compromised
Negative Balance Protection Clients' accounts cannot go into negative balance, ensuring that clients will not be responsible for any losses beyond their account balance
KYC/AML Procedures To verify clients' identities and prevent money laundering or other illegal activities, which helps to ensure the integrity of the trading platform and protect clients' funds

Note that this table is not exhaustive and there may be other protections or security measures in place at FXTRADING.com.

Our Conclusion on FXTRADING.com Reliability:

Based on the provided information on FXTRADING.com, the broker seems to prioritize its clients' safety and security by implementing various measures such as regulation by top-tier authorities, account segregation, negative balance protection, and SSL encryption. Overall, FXTRADING.com appears to be a reliable broker for traders.

However, as with any investment, there is always some level of risk involved, and it is important for traders to do their own research and carefully consider their options before investing.

Market Instruments

FXTRADING.com offers a diverse range of trading instruments for their clients, covering over 10,000 instruments. These instruments include Forex, Crypto CFDs, Share CFDs, Commodities, Spot Metals, Energies, and Indices. Clients have access to a variety of popular trading pairs in the forex market, as well as a selection of cryptocurrencies and share CFDs from leading global companies.

Additionally, they offer various spot metals such as gold and silver, as well as energies like crude oil and natural gas, and indices from around the world. This variety of instruments allows clients to diversify their trading portfolio and take advantage of different market opportunities.

asset classes

Accounts

Demo Account: FXTRADING.com provides a demo account that allows you to try out the financial markets without the risk of losing money.

MT4 Live Account: FXTRADING.com offers a total of 2 account types: Standard and Pro. The minimum deposit to open an account is $200 and $500 respectively. If you are still a beginner and don't want to invest too much money in Forex trading, a Standard account will be the most suitable option for you. However, we should also realize that too little capital not only reduces losses, but also reduces profitability. Therefore, you may find it “unexciting” or unprofitable. In addition, accounts with smaller initial deposits tend to have poorer trading conditions.

MT4 Account Types

IRESS Live Account: On the TRESS trading platform, FXTRADING.com offers three different accounts types, namely Silver, Gold, and Platinum, with minimum deposit requirements of $10,000 AUD, $50,000 AUD, and $100,000 AUD respectively. For the Silver and Gold accounts, there is a platform fee of $60 AUD, while no platform fee on the Platinum account.

IRESS Accounts

Leverage

FXTRADING.com offers a maximum leverage of up to 1:500, which is a generous offer and ideal for professional traders and scalpers. However, since leverage can magnify your profits, it can also result in a loss of capital, especially for inexperienced traders. Therefore, traders must choose the right amount according to their risk tolerance.

Spreads & Commissions

The spreads and commissions depend on accounts and instruments. For clients on the Standard account, they can have variable spreads from 1 pip and there is no commission, while for clients on the Pro account, they can enjoy raw spreads from 0 pips but have to pay a commission of $3.5 per lot.

Below is a comparison table about spreads and commissions charged by different brokers:

Broker EUR/USD Spread Commission
FXTRADING.com 1 pip No
Admiral Markets 0.5 pips No
Pepperstone 0.16 pips AUD 3.5/lot
Tickmill 0.0 pips USD 2/lot

Note: Spreads can vary depending on market conditions and volatility.

Trading Platforms

FXTRADING.com offers a range of trading platforms to suit the needs of its clients. One of the most popular platforms is the MetaTrader4 (MT4) platform, which is available for PC, Mac, iOS, Android and WebTrader. MT4 is a user-friendly platform that comes with advanced charting tools, technical indicators, and automated trading options.

MT4

In addition to MT4, FXTRADING.com also offers IRESS ViewPoint and IRESS Mobile, which are more advanced platforms designed for professional traders. These platforms come with additional features such as advanced order types, news and research, and real-time market data.

IRESS

Overall, FXTRADING.com's trading platforms are well-designed, user-friendly, and offer a range of advanced features suitable for both beginner and experienced traders. See the trading platform comparison table below:

Broker Trading Platform
FXTRADING.com MT4
Admiral Markets MT4, MT5, WebTrader
Pepperstone MT4, MT5, cTrader
Tickmill MT4, MT5, WebTrader

Trading Tools

FXTRADING.com provides its clients with a wide range of trading tools to enhance their trading experience. These tools include FXT Navigator, which allows traders to view market data and analyze it through a customizable interface. Trading Central offers daily technical analysis and market insights, while the Economic Calendar provides traders with the latest economic news and announcements that can impact the financial markets. Market Sentiment offers a view on how other traders are positioned on various instruments, while API Trading and VPS are advanced tools designed for more experienced traders who use algorithmic trading strategies and need reliable and fast connectivity. Overall, these trading tools can help traders make more informed trading decisions and improve their overall performance in the financial markets.

Deposits & Withdrawals

In terms of deposit and withdrawal, like many good brokers, FXTRADING.com provides a detailed form with important information about currency, payment method, minimum amount, arrival date, fees, etc. Deposits include PayPal, VISA, MasterCard, Neteller, UnionPay, Local Internet Banking, POLi, International Bank Wire Transfer and Local Bank Transfer.

Deposits
Deposits

FXTRADING.com minimum deposit vs other brokers

FXTRADING.com Most other
Minimum Deposit $200 $100

The minimum deposit requirement is $200 to open an account. Most deposits are instant and no fees are charged.

By contrast, Clients can withdraw with PayPal, VISA, MasterCard, Neteller, International Bank Wire Transfer, UnionPay and Local Bank Transfer. Please note that withdrawal processing times may vary depending on the selected method and any applicable fees or restrictions may apply. Most withdrawals can be processed in 24 hours without any fees.

Withdrawals
Withdrawals
 Withdrawals

FXTRADING.com Money Withdrawal

To withdraw funds from FXTRADING.com, you can follow these steps:

Step 1: Log in to your account on the FXTRADING.com website.

Step 2: Click on the “Withdrawal” button in the “My Account” section.

Step 3: Select the account you want to withdraw funds from and choose the withdrawal method.

Step 4: Enter the amount you wish to withdraw and follow the on-screen instructions to complete the process.

Fees

FXTRADING.com does not charge any deposit and withdrawal fees, but there may be additional fees charged by banks or other intermediaries involved in the transfer of funds.

There is an inactivity fee of $10 per month after 6 consecutive months of inactivity. This fee will be charged to any account with no trading activity for more than 6 months. However, it's important to note that this fee is subject to change and may vary depending on the type of account and the jurisdiction of the client.

See the fee comparison table below:

Broker Deposit Fees Withdrawal Fees Inactivity Fees
FXTRADING.com No No $10/month after 6 consecutive months of inactivity
Admiral Markets No No (except for bank transfers) No
Pepperstone No No $20/month after 12 months
Tickmill No (except for bank transfers) $2 for credit/debit cards, 1% for other methods $5/month after 6 months

Note: Fees may vary depending on account type and payment method. Please refer to each broker's website for the latest information.

Customer Service

FXTRADING.com offers customer support 24/5 via email, phone, and live chat. It supports both English and Chinese. Their website also includes a FAQ section with answers to commonly asked questions. You can also follow them on some social networks including Facebook, Twitter, LinkedIn, Instagram and Twitter.

Customer Service
Customer Service
working hours
FAQ
social media

Overall, FXTRADING.com's customer service is considered reliable and responsive, with various options available for traders to seek assistance.

Pros Cons
• Offers multilingual support 24/5 • Limited availability during weekends and public holidays
• Live chat support available on the website
• Quick response time to email inquiries
• Knowledgeable and helpful customer service representatives

Note: These pros and cons are subjective and may vary depending on the individual's experience with FXTRADING.com's customer service.

Educational Resources

FXTRADING.com offers a range of educational resources to help traders improve their knowledge and skills. The Market News section provides the latest updates on market events and trends, while the FXT Analysis section offers expert analysis and commentary. The Trading Insight section contains a variety of educational materials, including trading strategies and tutorials on technical and fundamental analysis. The FXT Navigator Guide is a comprehensive guide for traders on how to use the platform's features and tools. Additionally, FXTRADING.com offers webinars hosted by industry experts, providing traders with the opportunity to learn directly from experienced professionals.

Conclusion

In conclusion, FXTRADING.com is a well-regulated broker offering a wide range of trading instruments, powerful trading platforms, and comprehensive trading tools and resources. The broker's low spreads, flexible leverage options, and multiple account types cater to traders of all levels. The customer support team is professional and responsive, and the educational resources are valuable for beginner and experienced traders alike. While there are some fees associated with trading, overall, FXTRADING.com provides a competitive and reliable trading environment.

Frequently Asked Questions (FAQs)

Question 1: Is FXTRADING.com regulated?
Answer 1: Yes. It is regulated by ASIC and VFSC.
Question 2: At FXTRADING.com, are there any regional restrictions for traders?
Answer 2: Yes. Restricted Countries: the USA, Ontario Province inside Canada, North Korea, Iran and New Zealand.
Question 3: Does FXTRADING.com offer demo accounts?
Answer 3: Yes.
Question 4: Does FXTRADING.com offer the industry-standard MT4 & MT5?
Answer 4: Yes. It supports MT4 and IRESS.
Question 5: What is the minimum deposit for FXTRADING.com?
Answer 5: The minimum initial deposit to open an account is $200.
Question 6: Is FXTRADING.com a good broker for beginners?
Answer 6: Yes. It is a good choice for beginners because it is regulated well and offers various trading instruments with competitive trading conditions on the leading MT4 platform. Also, it offers demo accounts that allow traders to practice trading without risking any real money.

Risk Warning

Online trading carries substantial risk, potentially leading to the total loss of invested funds. It may not be appropriate for all traders or investors. It's crucial to fully comprehend the associated risks before engaging in trading activities. Additionally, the content of this review is subject to change, reflecting updates in the company's services and policies. The review's creation date is also relevant, as information could have become outdated. Readers should confirm the latest information with the company prior to making any investment decisions. The responsibility for utilizing the information provided herein lies exclusively with the reader.

Are the transaction costs and expenses of td-ameritrade, fxtrading-com lower?

To compare transaction costs across different brokers, our experts analyze the transaction-specific fees (such as spreads) and non-trading fees (such as inactivity fees and payment costs).

To get a comprehensive understanding of how cheap or expensive td-ameritrade and fxtrading-com are, we first considered common fees for standard accounts. On td-ameritrade, the average spread for the EUR/USD currency pair is -- pips, while on fxtrading-com the spread is from 0.0.

Which broker between td-ameritrade, fxtrading-com is safer?

To determine the safety of our top brokers, our experts will consider many factors. This includes which licenses the broker holds and the credibility of these licenses. We also consider the history of brokers, because long-term brokers are usually more reliable and trustworthy than new brokers.

td-ameritrade is regulated by SFC. fxtrading-com is regulated by ASIC,ASIC,VFSC.

Which broker between td-ameritrade, fxtrading-com provides better trading platform?

When our experts review brokers, they will open their own accounts and trade through the broker's trading platform. This enables them to comprehensively evaluate the quality, ease of use, and function of the platform.

td-ameritrade provides trading platform including -- and trading variety including --. fxtrading-com provides trading platform including Pro,Standard and trading variety including Forex, metals, energies, commodities, cryptos & indices.

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