Compare Forex.com vs Forexee
What is Forex.com? What is Forexee?
Forex.com is a global online broker that offers trading services in forex, stocks, indices, metals, commodities, and cryptocurrencies. Forexee is a European online broker that specializes in forex and cryptocurrency trading.
Forex.com vs Forexee Regulation Comparison
Forex.com is regulated by several authorities in different jurisdictions, such as the Financial Conduct Authority (FCA) in the UK, the Commodity Futures Trading Commission (CFTC) and the National Futures Association (NFA) in the US, the Investment Industry Regulatory Organization of Canada (IIROC) in Canada, and the Australian Securities and Investments Commission (ASIC) in Australia. Forexee is regulated by the Financial Services Authority (FSA) of Saint Vincent and the Grenadines.
Forex.com vs Forexee Trading Assets Comparison
Forex.com offers trading in 82 forex pairs, gold and silver, as well as stocks, equity indices, commodities, and cryptocurrencies. Forexee offers trading in 49 forex pairs, gold and silver, as well as 15 cryptocurrencies.
Forex.com vs Forexee Trading Fees Comparison
Forex.com charges variable and fixed spreads, depending on the markets that you trade. It also charges commission on stocks only. Forexee charges variable spreads and commission on all trades, except for its STP account which has no commission.
Forex.com vs Forexee Account Types Comparison
Forex.com offers two types of accounts: standard account and RAW pricing account. The standard account has no commission but higher spreads, while the RAW pricing account has lower spreads but commission of $5 per 100k traded.
Forexee offers four types of accounts: STP account, ECN account, Crypto account, and PAMM account. The STP account has no commission but higher spreads, while the ECN account has lower spreads but commission of $1.8 per lot. The Crypto account is for trading cryptocurrencies only, and the PAMM account is for managing multiple sub-accounts.
Forex.com vs Forexee Deposit Options Comparison
Forex.com offers various deposit and withdrawal options, such as bank transfer, credit/debit card, PayPal, Skrill, Neteller, and UnionPay. Forexee offers fewer deposit and withdrawal options, such as bank transfer, credit/debit card, Skrill, Neteller, WebMoney, FasaPay, Perfect Money, Bitcoin, Litecoin, and Ethereum
Forex.com vs Forexee Trading Platforms Comparison
Forex.com offers its own proprietary trading platforms as well as the third-party MetaTrader 4 platform. Its platforms are available on web, mobile, and desktop devices. It also supports TradingView charts and indicators. Forexee offers only the MetaTrader 4 platform on web, mobile, and desktop devices. It does not support TradingView charts or indicators.
Forex.com vs Forexee Analytical Tools Comparison
Forex.com offers various analytical tools to enhance your trading experience, such as proprietary one-click-to-trade signals, technical insights, market buzz and analyst views with Trading Central, fully integrated economic calendar, Reuters news, FOREX.com research and account management, Performance Analytics tool that analyzes your past trading behavior to better inform your future trades.
Forexee offers fewer analytical tools to its clients, such as an economic calendar, market news and analysis from FXStreet and Trading Central.
Forex.com vs Forexee. Which forex broker is better? Which forex broker should you choose?
There is no definitive answer to which forex broker is better or which one you should choose, as different brokers may have different advantages and disadvantages depending on your trading preferences, goals, and strategies. However, you may consider some of the following factors to help you decide:
- Regulation: Forex.com is regulated by more reputable and stringent authorities than Forexee, which may offer you more protection and security in case of any disputes or issues with the broker. Forexee is regulated by a relatively less known and less strict authority, which may pose some risks and challenges for you as a trader.
- Trading Assets: Forex.com offers a wider range of trading assets than Forexee, which may give you more opportunities and diversification in your trading portfolio. Forexee offers fewer trading assets, but it has more cryptocurrencies than Forex.com, which may appeal to you if you are interested in trading digital currencies.
- Trading Fees: Forex.com and Forexee have different fee structures, which may affect your trading costs and profits. Forex.com charges spreads and commission on different markets, while Forexee charges spreads and commission on all markets except for its STP account. You may want to compare the spreads and commission rates of both brokers to see which one offers you better value and lower fees for your preferred markets.
- Account Types: Forex.com and Forexee have different account types, which may suit different types of traders. Forex.com offers two account types: standard and RAW pricing, which have different spreads and commission rates. Forexee offers four account types: STP, ECN, Crypto, and PAMM, which have different features and benefits. You may want to choose an account type that matches your trading style, capital, and risk appetite.
- Deposit and Withdrawal Options: Forex.com offers more deposit and withdrawal options than Forexee, which may make it easier and faster for you to fund your account and withdraw your profits. Forexee offers fewer deposit and withdrawal options, but it accepts some cryptocurrencies as payment methods, which may be convenient for you if you use digital currencies.
- Trading Platforms: Forex.com offers its own proprietary trading platforms as well as the MetaTrader 4 platform, which may give you more flexibility and functionality in your trading experience. Forexee offers only the MetaTrader 4 platform, which is a popular and reliable platform among many traders. You may want to choose a broker that offers a platform that meets your needs and preferences in terms of usability, features, tools, and compatibility.
- Analytical Tools: Forex.com offers more analytical tools than Forexee, which may help you to enhance your trading performance and decision making. Forexee offers fewer analytical tools, but it provides some market news and analysis from reputable sources. You may want to choose a broker that offers the tools that you find useful and helpful in your trading analysis.
