Adamant Finance
First Trade
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Overview
Adamant Finance was founded in 2008 and is headquartered in Saint Vincent and the Grenadines, while First Trade was established in 2008 and is based in USA. Adamant Finance holds licences including Cyprus Securities and Exchange Commission (CySEC), while First Trade is regulated by Securities and Exchange Commission (SEC) among others. Adamant Finance serves 10,000+ clients worldwide; First Trade has 10,000+. The minimum deposit is $100 at Adamant Finance and $5 at First Trade.
| Feature | Adamant Finance | First Trade |
|---|---|---|
| Min. Deposit | $100 | $5 |
| Regulation | Cyprus Securities and Exchange Commission (CySEC) | Securities and Exchange Commission (SEC), Financial Industry Regulatory Authority (FINRA) |
| Founded | 2008 | 2008 |
| Country | Saint Vincent and the Grenadines | USA |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Adamant Finance and First Trade, directly affecting your bottom line as a trader. Adamant Finance has a lower barrier to entry with a minimum deposit of $100 (vs $5 at First Trade). First Trade charges withdrawal fees while Adamant Finance does not, giving Adamant Finance an edge for frequent withdrawers. First Trade charges deposit fees; Adamant Finance does not. Overall, First Trade scores higher on fees in our assessment.
| Feature | Adamant Finance | First Trade |
|---|---|---|
| Min. Deposit | $100 | $5 |
| Withdrawal Fees | No | Yes |
| Inactivity Fees | No | No |
| Deposit Fees | No | Yes |
| CFD Fees | No | No |
Platforms
Adamant Finance offers MT5, cTrader, while First Trade supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Adamant Finance supports social and copy trading features, which First Trade does not offer. First Trade edges ahead on platform breadth and functionality in our scoring.
| Feature | Adamant Finance | First Trade |
|---|---|---|
| MT4 | No | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MetaTrader 4 | MT4,WEB |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Adamant Finance and First Trade compare. Both brokers run regular live webinars. Both provide video tutorials, including advanced content. Daily market commentary is available from both brokers. Both integrate third-party research tools including Trading Central. Archived webinars are available at both brokers for self-paced learning. The two brokers are evenly matched on educational content.
| Feature | Adamant Finance | First Trade |
|---|---|---|
| Forex Education | Yes | Yes |
| CFD Education | Yes | Yes |
| Weekly Webinars | Yes | Yes |
| Daily Commentary | Yes | Yes |
| Trading Central | Yes | Yes |
| Autochartist | Yes | Yes |
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 First Trade supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.
| Feature | Adamant Finance | First Trade |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | No |
| Skrill | No | No |
| Neteller | No | No |
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 First Trade 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.
| Feature | Adamant Finance | First Trade |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |