activtrades
Boston Merchant Financial
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Overview
activtrades was founded in 2011 and is headquartered in United States, while Boston Merchant Financial was established in 1988 and is based in Dubai. activtrades holds licences including Financial Conduct Authority (FCA), while Boston Merchant Financial is regulated by Australian Securities and Investment Commission (ASIC) among others. activtrades serves 12,000,000+ clients worldwide; Boston Merchant Financial has 10,000+. The minimum deposit is $250 at activtrades and $50 at Boston Merchant Financial.
| Feature | activtrades | Boston Merchant Financial |
|---|---|---|
| Min. Deposit | $250 | $50 |
| Regulation | Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F218 | Australian Securities and Investment Commission (ASIC) |
| Founded | 2011 | 1988 |
| Country | United States | Dubai |
| Clients | 12,000,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between activtrades and Boston Merchant Financial, directly affecting your bottom line as a trader. activtrades has a lower barrier to entry with a minimum deposit of $250 (vs $50 at Boston Merchant Financial). activtrades charges withdrawal fees while Boston Merchant Financial does not, a notable advantage for frequent withdrawers. activtrades applies inactivity fees on dormant accounts; Boston Merchant Financial does not. activtrades charges deposit fees; Boston Merchant Financial does not. Overall, Boston Merchant Financial scores higher on fees in our assessment.
| Feature | activtrades | Boston Merchant Financial |
|---|---|---|
| Min. Deposit | $250 | $50 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | Yes | No |
| Deposit Fees | Yes | No |
| CFD Fees | Yes | No |
Platforms
activtrades offers MT4, MT5, cTrader, while Boston Merchant Financial supports MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Both brokers support copy or social trading, catering to less hands-on investors. activtrades edges ahead on platform breadth and functionality in our scoring.
| Feature | activtrades | Boston Merchant Financial |
|---|---|---|
| MT4 | Yes | No |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps | MT4, Web Trader, Tablet & Mobile apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how activtrades and Boston Merchant Financial compare. activtrades runs regular live webinars; Boston Merchant Financial does not. activtrades has a video library; Boston Merchant Financial does not. activtrades publishes daily market commentary; Boston Merchant Financial does not. activtrades integrates third-party research tools (Trading Central, Autochartist); Boston Merchant Financial does not. activtrades maintains an archive of past webinars for on-demand viewing. activtrades scores higher overall in education and research.
| Feature | activtrades | Boston Merchant Financial |
|---|---|---|
| Forex Education | Yes | No |
| CFD Education | Yes | No |
| Weekly Webinars | Yes | No |
| Daily Commentary | Yes | No |
| Trading Central | Yes | No |
| Autochartist | Yes | No |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. activtrades accepts 5 of the tracked payment methods (bank transfer, credit/debit card, PayPal, Skrill, Neteller), while Boston Merchant Financial supports 2 (bank transfer, credit/debit card). activtrades uniquely supports PayPal and Skrill and Neteller among the two brokers. activtrades scores higher on deposit and withdrawal flexibility.
| Feature | activtrades | Boston Merchant Financial |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | Yes | No |
| Skrill | Yes | No |
| Neteller | Yes | No |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both activtrades and Boston Merchant Financial offer live chat support. Both provide phone support. Email support is available at both brokers. activtrades supports 8 languages and Boston Merchant Financial supports 2, giving activtrades broader global reach. Both brokers are comparable on support quality.
| Feature | activtrades | Boston Merchant Financial |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic | English, and Chinese |