B

Adamant Finance

6.9/10
fx open logo

fx open

8/10
5/10RegulationWinner10/10
8/10WinnerFees1/10
7/10PlatformsWinner9/10
10/10WinnerEducation & Research6/10
4/10Deposits & WithdrawalsWinner10/10
10/10SupportTied10/10

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Overview

Adamant Finance was founded in 2008 and is headquartered in Saint Vincent and the Grenadines, while fx open was established in 2019 and is based in Puerto Rico. Adamant Finance holds licences including Cyprus Securities and Exchange Commission (CySEC), while fx open is regulated by Financial Conduct Authority (FCA) among others. Adamant Finance serves 10,000+ clients worldwide; fx open has 60,000+. The minimum deposit is $100 at Adamant Finance and $250 at fx open.

fx open wins this category
FeatureAdamant Financefx open
Min. Deposit$100$250
RegulationCyprus Securities and Exchange Commission (CySEC)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-F238
Founded20082019
CountrySaint Vincent and the GrenadinesPuerto Rico
Clients10,000+60,000+

Fees

Fees are a critical factor when choosing between Adamant Finance and fx open, 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 fx open). Neither broker charges withdrawal fees. Overall, Adamant Finance scores higher on fees in our assessment.

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

Platforms

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

fx open wins this category
FeatureAdamant Financefx open
MT4NoYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMetaTrader 4MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps

Education & Research

Education and research tools help traders at every level make more informed decisions, and here's how Adamant Finance and fx open 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. Adamant Finance scores higher overall in education and research.

Adamant Finance wins this category
FeatureAdamant Financefx open
Forex EducationYesNo
CFD EducationYesYes
Weekly WebinarsYesYes
Daily CommentaryYesYes
Trading CentralYesYes
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 fx open supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). fx open uniquely supports PayPal and Skrill and Neteller among the two brokers. fx open scores higher on deposit and withdrawal flexibility.

fx open wins this category
FeatureAdamant Financefx open
Bank TransferYesYes
Credit CardYesYes
PayPalNoYes
SkrillNoYes
NetellerNoYes

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 fx open offer live chat support. Both provide phone support. Email support is available at both brokers. Adamant Finance supports 2 languages and fx open supports 8, giving fx open broader global reach. Both brokers are comparable on support quality.

Tied
FeatureAdamant Financefx open
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic