Forex.com vs. Next Markets Comparison

This comparison overview assists customers that struggle to select in between Forex.com and Next Markets to find the best online broker for their trading and financial investment needs. It assesses the highlights of the two brokers alongside to aid users compare their solution and make a notified choice.

To aid individuals pick the ideal broker in between Forex.com and Next Markets to find the best-suited system, listed below is a listing of broker’s benefits and drawbacks, complied with by a contrast of their major trading functions, including trading systems & tools, fees, mobile trading, down payment & withdrawal, properties, policy, and consumer assistance.

Forex.com vs. Next Markets: Summary

Forex.com logo

Forex.com a reputable forex and CFD broker regulated by 7 tier–one regulators. They offer access to 5500+ tradable symbols across various markets including forex, stocks, cryptos and CFDs. Forex.com also offers a wide range of proprietary platforms with access to advanced charting features through TradingView, social trading tools and MT4 integration.

Forex.com trading fees are with an average spread of 1.1 pips (EUR/USD) above industry average.

Forex.com customer support is available 24/7 via email, phone and live chat. Their exceptional educational resources, great market research and ease of use make this broker a good choice for beginners and intermediate traders.

Next Markets logo

Next Markets is a multi-asset CFD broker based in Germany. It is regulated by the MFSA and is considered safe. The broker allows users to trade over 7,000 stocks, 1,000 ETFs, and CFDs on cryptos, forex, commodities, and bonds.

Next Market’s fees are below average compared to similar brokers in the industry. They charge 0% commission on stock and ETFs and low fees on CFDs. Forex spreads start from 0.6 pips (EUR/USD). The broker does not charge any withdrawal on inactivity fees.

Next Market’s customer service is available from Monday to Friday from 09:00 to 18:00 by email and phone (+49 221 98259 007).

Pros

  • Low minimum deposit ($100)
  • Low average spread from 0.74 pips EUR/USD
  • Advanced charting features and performance analytics
  • Award Winning Mobile trading app
  • Professional customer support

Cons

  • Educational videos are missing
  • MT5 available outside of US only
  • Limited assets available on MT5

Pros

  • Low minimum deposit ($0)
  • 0% commission stocks and ETFs
  • Low spreads from 0.6 pips (EUR/USD)
  • Free trading signals
  • No hidden commissions or non-trading fees

Cons

  • Algorithmic trading is not available
  • Limited advanced trading tools and features
  • No demo or Islamic swap-free accounts are available

Key features

  • Competitive trading fees
  • Compatibility with MT4 and MT5
  • 5500 tradable symbols and 4550 CFDs overall
  • Award winning mobile trading app
  • Advanced charting and performance analytics available
  • Great combination of ease of use and personal customisation

Key features

  • Access to 8,000 financial instruments
  • Broad range of deposit & withdrawal methods
  • User friendly mobile app
  • Competitive trading fees, spreads, and commissions
  • Beginner friendly trading tools and features
  • User friendly mobile app

Forex.com vs. Next Markets Comparison

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Forex.com logo

Forex.com

Open account Read review

80% of retail CFD accounts lose money

Next Markets logo

Next Markets

Open account Read review

56.65% of retail CFD accounts lose money

BROKER COMPARISON

Forex.com logo
Next Markets logo

Overall rating

4,4/5

3,5/5

Overall rating

4,4/5

3,5/5

Trading Platform & Tools

4.6

2.4

See details
Automated Trading
Charting Tools
Conditional Orders
cTrader
Demo Account
Desktop Platform
Max Leverage 1:50 100:1
MetaTrader 4 (MT4)
MetaTrader 5 (MT5)
Mobile Version
Mutual Fund Management
Proprietary Platform
Social/Copy Trading
Trading Alerts
Trading signals
Watchlist
Web Version

Fees

3.7

4.3

See details
Withdrawal Fee 0 0
Deposit Fee 0 0
Inactivity Fee $15 per month (after 12 months) 0
Cost Per Trade 0 0
Cost Per Month 0 0
Forex (EUR/USD) 0.8 pips 0
Stocks & ETF 0 + spread 0
CFD (Gold) 0.8 0
Crypto 0 0
Options 0 0
Conversion Fees 0.50% 0
Misc. Fees 0 0
Overnight Fees 2.50%

Mobile Trading

5.0

3.8

See details
Android
Apple
Watchlist
Econ. Calendar
Charting Tools

Deposit & Withdrawal

4.9

3.8

See details
Minimum deposit (in UAE) $100 $0.00
Bank Wire
Credit/Debit Card
Cash
Check
Islamic Account Transfer
E-payments
Paypal
Skrill
Neteller

Assets

4.1

2.5

See details
Shares 0 7000
ETF & Funds 0 1000
Crypto 0 0
Commodities 0 0
Indices 0 0
Options 0 0
Futures 0 0
Bonds 0 0
Forex Instruments 91 0
CFD Indices & Funds 17 1000
CFD Stocks 9500 7000
CFD Commodities 22 0
CFD Crypto 8 0
CFD Bonds 0 0
Binary Options 0 0
SWAPS 0 0
Saving Plans 0 0

Regulation

4.0

5

See details
Tier 1 License
Tier 2 License
Tier 3 License

Research & Education

4.3

1.8

See details
Webinars
Educational Resources
Daily News Updates
Market Indepth Analysis
Pers. Training & Room
Market Research

Customer Support

4.5

4.5

See details
Email
Phone
Live Chat
24/7 support
Multilingual
Personal Account Manager

Winner

Forex.com vs. Next Markets Comparison Conclusion

The results of our contrast of Forex.com vs. Next Markets are wrapped up in the table listed below.

Broker:Best For:
Forex.comForex and CFD trading and MT4
Next MarketsStocks and ETF trading and investing

Selecting the ideal option between Forex.com and Next Markets can be hard. Both online brokers have resemblances yet vary pertaining to trading instruments, platforms & applications, law, down payment & withdrawals, and research and education. Selecting the most effective broker depends upon customers’ trading & investment objectives, individual preferences, and experience degree.

To make a better-informed decision, users can read our detailed broker reviews, comparison or use our broker selector to help them find the ideal broker.

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