Argonaut Securities vs Phoenix Markets, Who's The Best?
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Phoenix Markets Rating
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Argonaut Securities vs Phoenix Markets Guide |
Read our In-Depth Argonaut Securities vs Phoenix Markets Review - for 2024
Our review comparing Argonaut Securities and Phoenix Markets has been updated to reflect any changes for 2024 by knowledgeable insiders with years of expertise across CFDs, Social Trading, & Forex.
Please note that due to regulations for each broker, the content in this comparison of Argonaut Securities vs Phoenix Markets does not apply to all countries as follows:
Argonaut Securities Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Phoenix Markets Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, United States of America, and United Kingdom.
Compare Argonaut Securities vs Phoenix Markets
Every trading platforms has certain advantages and disadvantages, so any comprehensive analysis of Argonaut Securities vs Phoenix Markets would not be complete without having a balanced approach.
Assess Argonaut Securities and Phoenix Markets to understand the way they line up with each before you open an account. Conducting a comparative analysis will bring aspects in perspective to ensure that you're cognizant of what you should anticipate.
So you are looking for a reputable broker and are choosing between Argonaut Securities or Phoenix Markets. Which one is best in 2024?
This Argonaut Securities vs Phoenix Markets comparison contains the latest information so you can easily compare Phoenix Markets against Argonaut Securities.
If you're a new entrant in the world of trading and brokers, so many nuances will be perplexing for you. Getting into the area of trading requires expert assessing skills and comprehensive knowledge. You will get adept at all the concepts of broker since you keep trading. For starters, you have to choose the right agent who will be clear with you constantly.
In this fast-paced world of stock markets and trading, you'll need guidance to make correct decisions. A professionally direct investment program has the potential to generate hefty returns. Argonaut Securities and Phoenix Markets are just two such stages that will take you along with your investment into great heights. It is crucial that you compare Argonaut Securities vs Phoenix Markets until you trust them with your money.
Our Argonaut Securities vs Phoenix Markets comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust Argonaut Securities and Phoenix Markets side by side.
Our full Argonaut Securities vs Phoenix Markets Review covers all you need to learn about trading using either Argonaut Securities or Phoenix Markets. A fantastic broker can multiply your first investments and provide you favorable profits. If you want to make profits, you must trade with a broker service that contrasts with your investment objectives.
There's absolutely no sure-fire way to ensure profits; therefore, you should carefully analyze your agent before you choose them. It is a common misconception that all agents are the same, but that is not true. Wrong judgment, initially, can put your investments at risk.
Argonaut Securities and Phoenix Markets are both brokers that have found their way successfully into the brokerage world. Within this review, we've attempted to collate some of the vital facets of both Argonaut Securities and Phoenix Markets. This review will help you to understand whether either Phoenix Markets or Argonaut Securities is a good match for your own investments or not. We have tried to breakdown all of the qualities and fees for your convenience.
Benefits of Argonaut Securities and Phoenix Markets Compared
Argonaut Securities has a minimum deposit of $1 while Phoenix Markets has a $500 minimum deposit.
Why smaller minimum deposits are good and how Argonaut Securities and Phoenix Markets compare
The main reason is that you should only deposit what you can afford. If you you have a lower budget, the broker that offers the lowest deposit option will be more attractive. The other reason is because when speculating on riskier but potentially more rewarding financial instruments you should look to speculate with only a small percentage of your allocated trading funds. Don't let a higher minimum deposit totally put you off a broker, look at the overall trading features you are getting from the trading platform. Often a high minimum deposit gives greater choice in the financial assets and trading platform research features.
Argonaut Securities has around 37 financial instruments whilst Phoenix Markets allows you to trade around 37 financial instruments on their platform.
The more financial instruments you can trade on the Argonaut Securities and Phoenix Markets platforms the better. It is good to have a diverse portfolio and the options available to a user will always vary. Trading is all about grasping potential opportunities and you seriously do not want to miss out on a trading opportunity due to the limitations of Argonaut Securities or Phoenix Markets.
Argonaut Securities and Phoenix Markets Contact Details
Being able to contact your broker through many ways is important. Argonaut Securities and Phoenix Markets have the following contact details and social medias that you can use.
Broker | Argonaut Securities | Phoenix Markets |
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Telephone Number | +44 203 514 2059 | |
support@phoenixmarkets.com | ||
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Argonaut Securities Twitter Account | Phoenix Markets Twitter Account | |
Argonaut Securities Facebook Page | Phoenix Markets Facebook Page | |
Argonaut Securities Instagram Account | Phoenix Markets Instagram Account | |
Argonaut Securities LinkedIn Page | Phoenix Markets LinkedIn Page | |
YouTube | Argonaut Securities YouTube Channel | Phoenix Markets YouTube Channel |
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Phoenix Markets and Argonaut Securities Mobile App Comparison
As more and more traders and investors use their smartphones for trading, it is increasingly important that brokers offer easy-to-use apps that can deliver the same services as desktop platforms.
In this part of our comparison of Argonaut Securities and Phoenix Markets we'll check whether either of their mobile apps tick all the boxes.
We rate overall the user-friendliness of the apps as better than average.
It is crucial that trading apps have user-friendly capabilities, especially for those who use it with their smartphones.
Search Functions
While most brokers are good at this, there are some poor ones. If you type 'Emerging markets' into the search box, the software will find all Emerging market ETFs, even if the name doesn't begin with 'emerging'. If you have only traded US stocks, and you start typing 'Apple', will the software show you either the obscure Irish stock Applegreen or the Apple stock?
Argonaut Securities vs Phoenix Markets - Awards
Argonaut Securities vs Phoenix Markets - Frequently Asked Questions
Argonaut Securities vs Phoenix Markets - Headquarters And Year Of Founding
Argonaut Securities was founded in 2009 and has its head office in Australia.
Phoenix Markets was founded in 2013 and has its headquaters in Cyprus.
What is the minimum deposit for Phoenix Markets or Argonaut Securities
The minimum deposit for Argonaut Securities is $1.
The minimum deposit for Phoenix Markets is $500.
Depending on your circumstances, a lower minimum deposit can be beneficial. If you are experienced with forex trading but are looking for a change then both Argonaut Securities and Phoenix Markets are a good option.
Argonaut Securities vs Phoenix Markets - Regulation And Licencing In More Detail
Argonaut Securities is regulated by Australian Securities Exchange (ASX), Australian Securities and Investment Commission (ASIC), Securities and Futures Ordinance (SFO), Securities and Futures Commission (SFC).
Phoenix Markets is regulated by Cyprus Securities and Exchange Commission (CySEC).
Both Argonaut Securities and Phoenix Markets have a strong collection of rules for ensuring fair trading on their own platforms. For information encryption functions, they supply industry-standard secure socket layers (SSL).
In accordance with their individual privacy policies, customer information is to not be shared with any other institutions or individuals. This includes credit history and other financial details.
Compare Argonaut Securities vs Phoenix Markets Commission And Fees
Argonaut Securities and Phoenix Markets are online brokerage platforms, and many online brokerages charge lower fees than traditional brokerages tend to charge. The reason for this is that the companies of online brokerages are scaled much better. In other words, an internet broker isn't necessarily influenced by the amount of clients they have.
However, this does not necessarily mean that online brokers don't charge any fees. They charge prices of varying rates for various services to make money. There are primarily 3 different types of fees for this purpose.
The first sort of charges to keep an eye out for are trading charges. Whenever you make an actual trade, like purchasing a stock or an ETF, you're billed trading fees. In these cases, you are spending a spread, financing rate, or even a commission. The sorts of trading fees and the prices vary from broker to broker.
Commissions can be fixed or dependent on the traded volume. On the flip side, a spread denotes the difference between the buying and selling price. Financing or overnight prices are people that are billed when you maintain a leveraged position for longer than a day.
Aside from trading charges, online agents also charge non-trading fees. These are dependent on the activities you undertake in your account. They're charged for operations like depositing money, not investing for lengthy periods, or withdrawals.
In general, neither Argonaut Securities or Phoenix Markets charge high fees compared to other online agents. For operations other agents fee for, they do not charge a brokerage fee, or they charge a lesser amount. This can be beneficial for people who often exchange, such as weekly or daily trading.
But, non-trading fees charged by Argonaut Securities and Phoenix Markets are relatively greater. Consequently, you're billed more for non-trading activities on your trading accounts, like deposits and withdrawal. These aren't related to the sale and purchase of resources.
This Argonaut Securities vs Phoenix Markets review for 2024 breaks down every one of the applicable non-trading charges for you in detail.
Compare Broker Fees For Argonaut Securities And Phoenix Markets
What Languages Do Argonaut Securities And Phoenix Markets Support?
Being able to chat completely with your online broker is a key way of comparing trading platforms to find the best broker. Not only for support but to ensure you completely understand everything on their website and inside their app as it is a key part of success when trading online.
Below you will find the languages that both Argonaut Securities and Phoenix Markets support.
Broker | Argonaut Securities | Phoenix Markets |
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Languages Supported | English, and Chinese | English, and Chinese |
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How Many Clients Do Argonaut Securities and Phoenix Markets Have?
Both Argonaut Securities and Phoenix Markets are well established with their customer base. It is really important to work with an online broker that is reputable and one of the easiest ways of understanding this is by knowing how many customers they already work with.
Below you will find details of how many clients Argonaut Securities and Phoenix Markets have
Broker | Argonaut Securities | Phoenix Markets |
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Clients / Users | 10,000+ | 10,000+ |
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What Payment Methods Do Argonaut Securities and Phoenix Markets Accept?
Argonaut Securities and Phoenix Markets both offer a wide range of payment options which is vital when you have a global customer base.
Below you will find details of all the payment options available at Argonaut Securities and Phoenix Markets
What Can You Trade With Argonaut Securities and Phoenix Markets?
Argonaut Securities offers 37 trading instruments whilst Phoenix Markets offers 97.
Below you will find a full breakdown of what both Argonaut Securities and Phoenix Markets offer.
Argonaut Securities Review
Argonaut Securities vs Phoenix Markets:
Table Of Contents
- Compare Argonaut Securities vs Phoenix Markets
- Benefits of Argonaut Securities and Phoenix Markets Compared
- Phoenix Markets and Argonaut Securities Mobile App Comparison
- Argonaut Securities vs Phoenix Markets - Awards
- Argonaut Securities vs Phoenix Markets - Frequently Asked Questions
- What is the minimum deposit for Phoenix Markets or Argonaut Securities
- Argonaut Securities vs Phoenix Markets - Regulation And Licencing In More Detail
- Compare Broker Fees For Argonaut Securities And Phoenix Markets
- What Languages Do Argonaut Securities And Phoenix Markets Support?
- How Many Clients Do Argonaut Securities and Phoenix Markets Have?
- What Payment Methods Do Argonaut Securities and Phoenix Markets Accept?
- What Can You Trade With Argonaut Securities and Phoenix Markets?