Compare Forexee vs Markets.com
What is Forexee? What is Markets.com?
Forexee is an ECN/DMA online foreign exchange forex broker and currency trading platform that offers tight spreads, low commissions, and fast execution. Markets.com is a multi-asset trading platform that offers CFD and spread betting opportunities on forex, stocks, ETFs, bonds, indices, and more.
Forexee vs Markets.com Regulation Comparison
Forexee is regulated by the Financial Services Authority (FSA) of Saint Vincent and the Grenadines under license number 34283 IBC 2014. Markets.com is regulated by several tier-one authorities, including the Cyprus Securities and Exchange Commission (CySEC), the Financial Conduct Authority (FCA), the Australian Securities and Investments Commission (ASIC), and the Financial Sector Conduct Authority (FSCA).
Forexee vs Markets.com Trading Assets Comparison
Forexee offers 49 currency pairs, 13 cryptocurrency pairs, and 2 metal CFDs. Markets.com offers 67 currency pairs, 25 cryptocurrency pairs, 28 commodities, 2,027 equity CFDs, 40 index CFDs, 60 ETFs, 23 in-house themed stock baskets, and 4 bond CFDs.
Forexee vs Markets.com Trading Fees Comparison
Forexee charges commissions from $1 per lot on ECN accounts and from $2.5 per lot on STP accounts. The average spread on EUR/USD is 0.4 pips on ECN accounts and 0.9 pips on STP accounts. Markets.com does not charge any commissions on any trades, but the average spread on EUR/USD is 1.9 pips.
Forexee vs Markets.com Account Types Comparison
Forexee offers two types of accounts: ECN and STP. The minimum deposit for both accounts is $100. Markets.com offers three types of accounts: CFD, Share Dealing, and Professional. The minimum deposit for CFD and Share Dealing accounts is $100, while the minimum deposit for Professional accounts is $10,000
Forexee vs Markets.com Deposit Options Comparison
Forexee supports various deposit and withdrawal options, including bank wire transfer, credit/debit cards, Skrill, Neteller, WebMoney, FasaPay, Perfect Money, Bitcoin, Litecoin, Ethereum, Tether. Markets.com supports bank wire transfer, credit/debit cards, Skrill, Neteller, PayPal, iDeal, Sofort Banking.
Forexee vs Markets.com Trading Platforms Comparison
Forexee provides the MetaTrader 4 platform for desktop and mobile devices. Markets.com provides two proprietary platforms (Marketsx for traders and Marketsi for investors) as well as the MetaTrader 4 and MetaTrader 5 platforms for desktop and mobile devices.
Forexee vs Markets.com Analytical Tools Comparison
Forexee offers analytical tools such as economic calendar, market news, trading signals, VPS hosting. Markets.com offers analytical tools such as advanced charts, custom alerts, trading central signals, investment strategy builder, XRay live stream service.
Forexee vs Markets.com. 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 suit different traders depending on their trading style, preferences, and goals. Ultimately, the choice of forex broker depends on your personal preferences and needs. You may want to try out both brokers with a demo account before making a final decision.