B

Adamant Finance

6.9/10

Choicetrade

4.1/10
5/10WinnerRegulation3/10
8/10WinnerFees0/10
7/10PlatformsWinner9/10
10/10WinnerEducation & Research0/10
4/10Deposits & WithdrawalsTied4/10
10/10SupportTied10/10

BrokerDataNet earns affiliate commission from brokers listed on this site. This does not affect our ratings or editorial independence.

Overview

Adamant Finance was founded in 2008 and is headquartered in Saint Vincent and the Grenadines, while Choicetrade was established in 2009 and is based in United States. Adamant Finance holds licences including Cyprus Securities and Exchange Commission (CySEC), while Choicetrade is regulated by Unregulated among others. Adamant Finance serves 10,000+ clients worldwide; Choicetrade has 10,000+. The minimum deposit is $100 at Adamant Finance and $250 at Choicetrade.

Adamant Finance wins this category
FeatureAdamant FinanceChoicetrade
Min. Deposit$100$250
RegulationCyprus Securities and Exchange Commission (CySEC)Unregulated
Founded20082009
CountrySaint Vincent and the GrenadinesUnited States
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between Adamant Finance and Choicetrade, directly affecting your bottom line as a trader. Adamant Finance has a lower barrier to entry with a minimum deposit of $100 (vs $250 at Choicetrade). Choicetrade charges withdrawal fees while Adamant Finance does not, giving Adamant Finance an edge for frequent withdrawers. Overall, Adamant Finance scores higher on fees in our assessment.

Adamant Finance wins this category
FeatureAdamant FinanceChoicetrade
Min. Deposit$100$250
Withdrawal FeesNoYes
Inactivity FeesNoNo
Deposit FeesNoNo
CFD FeesNoYes

Platforms

Adamant Finance offers MT5, cTrader, while Choicetrade supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Adamant Finance supports social and copy trading features, which Choicetrade does not offer. Choicetrade edges ahead on platform breadth and functionality in our scoring.

Choicetrade wins this category
FeatureAdamant FinanceChoicetrade
MT4NoYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMetaTrader 4cTrader, SocialTrading, copyTrading, webPlatform, DesktopPlatform, Proprietary .

Education & Research

Education and research tools help traders at every level make more informed decisions, and here's how Adamant Finance and Choicetrade compare. Adamant Finance runs regular live webinars; Choicetrade does not. Adamant Finance has a video library; Choicetrade does not. Adamant Finance publishes daily market commentary; Choicetrade does not. Adamant Finance integrates third-party research tools (Trading Central, Autochartist); Choicetrade does not. Adamant Finance maintains an archive of past webinars for on-demand viewing. Adamant Finance scores higher overall in education and research.

Adamant Finance wins this category
FeatureAdamant FinanceChoicetrade
Forex EducationYesNo
CFD EducationYesNo
Weekly WebinarsYesNo
Daily CommentaryYesNo
Trading CentralYesNo
AutochartistYesNo

Deposits & Withdrawals

Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Adamant Finance accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while Choicetrade supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.

Tied
FeatureAdamant FinanceChoicetrade
Bank TransferYesYes
Credit CardYesYes
PayPalNoNo
SkrillNoNo
NetellerNoNo

Support

Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both Adamant Finance and Choicetrade offer live chat support. Both provide phone support. Email support is available at both brokers. Both brokers offer support in 2 languages. Both brokers are comparable on support quality.

Tied
FeatureAdamant FinanceChoicetrade
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, and Chinese