Forex Broker Comparison
Detailed side-by-side analysis
Quick Summary
Best for Beginners
Decode FX
$0.00Tightest Spreads
Decode FX
From 0.0 pips (Pro/ECN accounts) to 1.5 pips (Standard); average EUR/USD ~0.8 pips pipsHighest Leverage
Neex
1:Up to 1:500Best Rated
Decode FX
Mobile Trading
Both
✓✓General Information
Decode FX
Regulation
ASIC (Australia), VFSC (Vanuatu)
Founded
N/A
Headquarters
Australia
Overall Rating
Neex
Regulation
ASIC (Australia), FSCA (South Africa), FSC (Mauritius)
Founded
N/A
Headquarters
South Africa
Overall Rating
Trading Conditions
| Feature | Decode FX | Neex |
|---|---|---|
| Minimum Deposit | $0.00 | $50.00 |
| Average Spreads | From 0.0 pips (Pro/ECN accounts) to 1.5 pips (Standard); average EUR/USD ~0.8 pips | From 0.0 pips (raw/ECN); average 0.8 pips on majors like EUR/USD |
| Maximum Leverage | Up to 1:500 | Up to 1:500 |
| Commission | None | None |
Account Types
Decode FX
Neex
Platforms & Tools
Decode FX
MetaTrader 4, MetaTrader 5
Mobile Trading
Available
Web Trading
Available
VPS Hosting
Available
Social Trading
Available
Neex
MetaTrader 4, MetaTrader 5, WebTrader
Mobile Trading
Available
Web Trading
Available
VPS Hosting
Available
Social Trading
Available
Payments
Decode FX
Deposit Methods
Credit/Debit Cards (Visa/Mastercard), Bank Wire, Skrill, Neteller, Alipay, Poli, DragonPay, USDT (crypto)
Withdrawal Methods
Same as deposits: Bank Wire (fee-free), Cards/Skrill/Neteller (fees apply), USDT
Withdrawal Fee
None
Neex
Deposit Methods
Bank Wire, Credit/Debit Cards (Visa/Mastercard), Skrill, Neteller, Cryptocurrencies (BTC/ETH/USDT)
Withdrawal Methods
Same as deposits; processed within 24-48 hours (e-wallets fastest)
Withdrawal Fee
None
Support
Decode FX
Support Languages
English, Chinese, Spanish, Arabic, Indonesian (multi-language support via MT4/MT5)
Support Channels
24/5 live chat, email, phone; Responsive weekdays but mixed reviews on speed
Account Manager
Available
Neex
Support Languages
English, Spanish, Arabic, Chinese, French, German, Portuguese, Russian
Support Channels
24/5 live chat, email, phone; average response time 2-5 minutes
Account Manager
Available
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